SelectMinds to Implement Corporate Social Networks for The Dow Chemical Company

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Solutions intended to better connect and engage women, retirees, corporate alumni and employees.

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Our people are our greatest asset and linking them more closely through corporate social networking will help to increase their levels of engagement and satisfaction.

SelectMinds, Inc., the leading provider of Corporate Social Networking (CSN) solutions, today announced the addition of The Dow Chemical Company (“Dow”) to its global client roster. Using Web 2.0 functionality, SelectMinds provides private, secure Corporate Social Networks for its clients who are looking to leverage workplace relationships for business value.

Dow will implement SelectMinds’ solutions to build corporate social networks among and between groups of corporate alumni, women, retirees and employees. The project will begin in the U.S. with future implementation planned to include their global operations.

“We are excited about the potential value that increased connectivity will bring to all of our constituencies,” said Kevin Small who leads the Global Resource Management Center within Dow Human Resources. “Our people are our greatest asset and linking them more closely through corporate social networking will help to increase their levels of engagement and satisfaction.”

Small added, “SelectMinds' expertise in designing, launching and growing on-line corporate social networks and their ability to integrate these networks within a single technology platform were critical to our selection.”

As is the case for many companies, a significant portion of Dow’s workforce is eligible to retire over the next few years. In order to address this, Dow sought ways to stay in touch with retiring employees, continue to utilize their industry knowledge and skills, and also recruit new employees to fill these critical positions. With SelectMinds, current Dow employees now have a way to stay in touch with retirees and create consulting opportunities for those interested in working on special projects or part time. Retirees can in turn stay connected to each other and current Dow employees to ensure knowledge exchange and continued innovation.

Dow will also implement SelectMinds WomenConnect™, a Corporate Social Networking solution designed to connect groups of current and former women employees to better engage, recruit, and re-hire this critical workforce segment throughout its U.S. operations.

In addition, Dow will use SelectMinds to build a corporate alumni network of former employees that will serve as a recruiting channel to help replace retirees with rehires who are already familiar with the business.

“We look forward to working with Dow to help them build social networks among their various employee constituencies, allowing current and former Dow employees to develop relationships that will prove invaluable to them, as well as to Dow as an organization,” said Anne Berkowitch, CEO, SelectMinds. “Organizations that embrace fluid, lifetime relationships with these constituencies will be more able to quickly respond to and capitalize on changing economic conditions, such as today’s shortage of knowledge workers and retiring baby boomers. As a forward thinking organization, Dow has taken an important and aggressive step in combating these economic conditions in an effort to retain and engage the best and brightest in the industry.”

About Dow
Dow is a diversified chemical company that harnesses the power of innovation, science and technology to constantly improve what is essential to human progress. The Company offers a broad range of products and services to customers in more than 175 countries , helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability , Dow has annual sales of $49 billion and employs 43,000 people worldwide. References to “Dow” or the “Company” mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

About SelectMinds
SelectMinds is the leading global provider of secure, on demand Corporate Social Networking solutions. Using the power of Web 2.0, SelectMinds helps organizations build connections among and between groups of employees, women, alumni, retirees, and other constituencies. These powerful connections drive increased knowledge sharing and collaboration, enable strategic talent sourcing, and foster employee development and retention. The result is a higher performing organization with the ability to innovate quickly, increase productivity and hire and retain key talent. SelectMinds clients include more than 60 leading organizations including JP Morgan Chase, Ernst & Young, Lockheed Martin, BearingPoint, Latham & Watkins, Schlumberger and Deloitte. For more information, visit http://www.selectminds.com.

Press Contact:                     
Kate Leeson
Sr. Director, Public Relations
SelectMinds, Inc.
646-722-6032

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