Without Social Media Use Policy, Companies Are Exposed to Risk

The Internet has revolutionized the way business is conducted, and continues to change our lives with each passing day. Social media has also transformed our culture, perhaps equally or more profoundly than the invention of print, radio, and television. A recent Pew Research Center study found that two-thirds (67%) of Americans report getting at least some of their news on social media — and two in 10 reporting they do so often. Today, social channels have grown to serve a variety of personal and professional purposes. These platforms provide an avenue to build a brand image, communicate with and cultivate loyal customers or, better yet, serve as brand advocates. However, a business without a clear social media policy in place 1) risks damage to its brand, 2)…

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