Fortune 100 CEOs Still Not Embracing Social Media

If you are running a company these days, chances are you have heard of Facebook, Blogging and Twitter. However, if you are the CEO of a Fortune 100 company you are likely not actually using any of them. According to some new research done by UberCEO, while social media may be all the rage these days, most of North America's top CEOs are proving to be an anti-social crowd thus far.

- Only two CEOs have Twitter accounts.
- 13 CEOs have LinkedIn profiles, and of those only three have more than 10 connections.
- 81% of CEOs don't have a personal Facebook page.
- Three quarters of the CEOs have some kind of Wikipedia entry, but nearly a third of those have limited or outdated information.
- Not one Fortune 100 CEO has a blog.
Why are the top CEOs sitting on the social media sidelines? There is no doubt that being at the top of the corporate food chain raises the stakes where mistakes, faux pas or leaks may be amplified with the usage of social media. However, the same amplification holds true for the benefits of using social media ie, community building, growing trust and transparency, brand awareness etc..

It will be interesting to re-visit this research in 1-2 more years and see how these adoption numbers have changed. Consumers are in the process of re-shaping the sphere of corporate expectation, both in terms of how they choose to interact with the companies and brands in their lives, and how they expect those companies and brands to be available to communicate in return with an increasing emphasis on a one-to-one paradigm. Sooner or later, even the busiest and most powerful CEOs will no longer be able to turn a blind eye to social media.

Related News:
It's Official: Fortune 100 CEOs are Social Media Slackers
Twitter's Rapid Adoption by Small Business
Poll: Business People Say Twitter More Important Than LinkedIn
Businesses need to act fast to protect Facebook vanity URL

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[ READER COMMENTS ]

  1. 1

    Lucy Spiller said:

    When was this blog posted? There is no posted date, which is strange.

    Posted at 11:20 AM, on June 24 2009
  1. 2

    Lucy Spiller said:

    I ask about the posting date because I would like to reference this key information and want to include a date. There are some really interesting facts here - the accessibility of CEOs is totally challenged by social media. It'll require a new mindset and that group is not quick to change.

    Posted at 11:55 AM, on June 24 2009
  1. 3

    James said:

    Hi Lucy, the dating issue has now been fixed. Thanks for the heads-up on that.

    Posted at 12:10 PM, on June 24 2009

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