This is the MIT CFO Summit blog. We invite participation from speakers, sponsors, and attendees.

FOX Business' Dagen McDowell interviewed Eric Spitz, CFO of the Narragansett Brewing Company, today. Here is a link to the segment.

The interview highlighted the benefits of social media for his small company competing with larger ones. He notes that social networking is a strong area of concentration for his company; it is a critical tool to engage with consumers and get his company's brand out in the marketplace.

Eric is participating on the "Social Networking for the CFO" panel taking place at 3:00 pm during the Summit this Thursday.

A recent Baseline story examines the results of a survey of 1,400 Chief Information Officers and their positions about social networking. More than half (54%) say their company policy prohibits employees from using sites such as Facebook and Twitter while at work. It is seen as a “time-waster,” affecting productivity.

Wonder what participants of the “Social Networking for the CFO" track think of these findings? Is it valuable? Does it matter what kind of company you are? What industry you are in? Your size – if you are public or private? Or is it a must-have since communications with customers and investors is changing instantaneously?


Do CFOs see other benefits or value than their CIO counterparts?


Here is a
link to the Baseline story.


Please tell us your thoughts.

Sponsors