Joi Ito, a venture capitalist, blogger and longtime game player from Japan, thinks WoW is also a valuable business tool that can be used to help companies learn how to work better. That was the takeaway from his talk at the ScreenBurn beta festival, an adjunct group of presentations at the South by Southwest conference here.

And Ito should know about WoW and business. After all, he runs a guild that is chock full of C-level executives, venture capitalists, A-list bloggers and many of his employees. And when he and his cohorts are not marauding, they are often talking about work.

In any case, he thinks WoW can teach companies a lot about how to manage employees, though the lessons might not be things a lot of businesses are ready to hear.

Take a look right here to view the opinions of Daniel Terdiman on how World of Warcaft can be used effectively by businesses all over the world.