There are a number of reasons why a corporation or a not-for-profit should adopt Web 2.0 or Enterprise 2.0 tools. Enhancing communications and collaboration with customers and employees is the primary, over-arching driver for most. But there’s another more pressing need: snooze or lose.

“You really have no choice,” says Steve Krol, EVP of Professional Services with Lyons Consulting Group, which has worked with the likes of AON, Porsche and even Playboy. “Social media represents a full-fledge media /communication channel that will evolve with or without you. It’s another accepted form of communications that people want.

According to a web survey by the Software Information & Industry Association, only 41% of participants are using social media, but 35% plan to use it. While the survey is not scientifically significant for all organizations in all industries and is biased towards the audience that participated, the numbers are pretty close to the mark. As it relates to large organizations, the numbers echo other recent study findings from CIO and Forrester. However, the adoption numbers are far smaller in small and medium size organizations.

Read the complete article: Enterprise 2.0: A must have