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The capacity of social collaboration to increase staff productivity and efficiency as well as advance knowledge management has made it possible to provide a new stimulant for achieving the company& growth aim. Social collaboration is a work ethic as well as a platform. On a platform where there is a chance for users to showcase their knowledge and involvement, people are more inclined to contribute their ideas.

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Employee satisfaction
Employee participation in both internal and external conversations is possible in a social business.

Increased productivity
A social business promotes open participation and collaboration, which improves internal communication and fosters a culture of teamwork.

More innovation
Employees from all departments within the company have the freedom to innovate, and customers can offer insightful feedback on the design of new products or services.

Enhanced reputation
Your brand's success depends on its products and services living up to the claims that you make about them. If your service falls below the level your customers expect, they will be quick to react - and today that often means very publicly through the power of social.

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Security
Online collaboration faces cybersecurity issues, such as data theft, hackers, malware, and identity theft.

Dependent on internet availability
Online collaboration is highly dependent on the availability of the internet and smart, connected devices to work.

Extended learning curve
Users who are not used to collaborating online may find it hard to catch up and become acquainted with working efficiently in a digital collaborative team.

Less engagement and personal contact
Another disadvantage of online collaboration is reduced engagement and connection between team members than when working and collaborating in person.

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Reputational Risks
The risk arises from the fact that individuals are publishing stuff online, whether on purpose or accidentally.

Operational Risks
The usage of social media accounts by employees during work hours, which results in their ignoring their task.

Information Security Risks
Accessing information and passwords to firm official accounts on social media is one of the threats associated with information security.

Financial Risks
The detrimental impact of social media on stock prices is one of the most significant financial hazards that can affect big businesses.

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