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10 Master Ideas of Social Networks: brought to you by MACT 2013 Cohort!

Charles Kadushin pointed out that there are 10 master ideas of social networks, and we explored each of them in details during this term.

We found out that social network theory is about interaction and relatedness between different social units and can be applied to any social level. For example, here social networks theory is used to explain the conflict between different social strata and here – to help people succeed in personal branding.

We also discovered that we can display social networks as graphs and diagrams to better understand their nature, and researched relationships in triads, which are considered the molecules of social networks. In addition to that, we understood what homophily is and how this social network principle can manifest in different situations.

We analyzed the reasons that motivate people in networks to stay connected and found out that different types of online social networks serve to fulfill different needsThe way people use social networks varies as well. We have also proposed different ways to ignite relationships in social media.

Position in a network is another master idea that is important for the social network analysis. We partitioned organizational networks and analyzed them through the lens of social networks theory.

Six degrees of separation and small world concept have also attracted our attention. We read about Milgram’s experiments and discussed further research. We have also analyzed the way different ideas diffuse in social networks and explored the factors behind.

Last, but not least, we talked about the concept of social capital and discussed how it can be turned into financial capital.

At the end of the course each of us produced a video where we tried to apply these master ideas of social networks to real world. The whole list of videos can be found here. Enjoy!

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