In his article “Enterprise 2.0: The Dawn of Emergent Collaboration” Andrew McAfee described how and why companies use Web 2.0 tools. He described this with the term Enterprise 2.0.

Crowdsourcing, social networks, knowledge management as well as using various wikis, chats and blogs, all add up to the new way of handling a company – the Enterprise 2.0 way of managing.

According to Harvard scientists companies that have developed a broad collaborative form of business using Enterprise 2.0 are able to improve their productivity by, in best cases, by 250%. Also, until 2013 investments in Enterprise 2.0 tools might increase up to ten times.

If you are not sure, if you are ready for the new world of business that is being created by Enterprise 2.0 take the short test on the CrowdWorx website.