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“Networking” is a word that has the power to intimidate both introverts and extroverts alike and it can shake the confidence and composure of even the most confident and self assured jobseeker or business professional. For many, it creates the uncomfortable vision of wandering around at a business or social function trying to handout business cards to as many people as possible knowing the majority of the cards will end up in tomorrow’s trash.
People generally hate the idea of networking because they fear it will make them look pushy, disingenuous, or desperate. Tactless and inappropriate attempts to ask people whom we hardly know for a job or a business lead will have exactly that effect. But networking, when practiced effectively, is a critical skill that adds value and reward in both the professional and social aspects of our lives. It’s not just an essential business skill, but an equally essential life skill.
Networking Reality
Networking is simply the act of proactively building and sustaining mutually beneficial relationships. Fundamentally its about connecting with people who are willing and receptive to being helpful while at the same time extending yourself as ready resource to them. From a business perspective, it can include exchanging business contacts, sales leads and resources. For job seekers, it represents the single most effective and efficient way to navigate the job market. While the spirit of networking must be “win-win” (where both parties see a benefit), in actuality, the benefits may not be equal or immediately apparent. You may offer assistance to people who are unable to help you, and other times people will help you even if you can’t return the favor. Sometimes the results come much later, but it always seems to even out in the long run.
Don’t Underestimate the Strength of Weak Ties
Networking is often more productive through casual acquaintances (weak ties) than through close friends (strong ties) because these more distant relationships provide much more diversity of knowledge, background, and connections than those that you are already well associated with. By definition you share a lot of commonality with friends, family, and colleagues so your networks are likely very similar. New acquaintances on the other hand are likely to be part of a very different network and are likely to know different people and have different ideas. Your acquaintances, contacts and connections (i.e. your network) represent a source of social power. In theory, the broader and deeper your network, the more power it provides.
“Dig Your Well Before You Get Thirsty”
A few years ago, Harvey MacKay wrote a book on networking titled Dig Your Well Before You Get Thirsty. It’s a great title that paints a powerful word picture about the need to be proactive in developing and maintaining your professional and personal networks rather than ignoring them until you are in need. Your network is a valuable resource that can be leveraged in a powerful way if you have taken the time to nurture and develop these important connections. If you haven’t yet dug your well, start now so it’s there when you need it.
The Big Three Networking Mistakes:
Don’t mistake the company’s network for your own. While your network may include parts of your company’s network (colleagues, clients, vendors, etc.), it needs to be bigger and broader. Recognize that some contacts are in your network by virtue of your current role and may drop out of your network or cease to be as meaningful should you lose your current position. Counter this by maintaining an active network outside your current company and industry.
Don’t lead with self-interest. Networking based solely on self-interest does not work. Self-interested motivation is probably the chief cause for failure in networking. Other reasons for failure are: poor listening skills; overlooking the benefits of an exchange of information; considering each contact as a separate entity rather than as a possible resource to other contacts; lack of reciprocation or appreciation; and pre-judging anticipated results.
Don’t presume - or make imaginary distinctions - about people before you meet them. Don’t be overly-intimidated or overly-impressed by someone’s job title, social status, or initial impression. Likewise, don’t dismiss others as unimportant or unworthy of interaction or conversation based on preconception or imaginary distinctions. Step outside your comfort zone - engage in conversation. Chemistry and mutual interest are far more important in building relationships than credentials.
Three Keys to Networking Success:
Appear likeable and approachable. In social interactions, lasting first impressions are formed in the first 15 seconds of an interaction. Be cognizant of the image you are transmitting and make it one that is likeable and approachable. Be positive, without being brash. Be friendly, without being overly-flattering. Make eye contact, focus on remembering the other person’s name, and use it in the conversation. Nothing signifies attention and interest more than eye contact, focusing on the conversation at hand and using the person’s name during conversation. Listen to what others say and ask questions to engage them and draw them out. It’s about making a connection. It’s not about finding an opening so that you can launch into your sales pitch.
Make yourself worth getting to know. You get value by giving value. Think of yourself as a knowledge resource and think of each person as potentially gaining value from knowing you. Think of networking as gathering and sharing ideas. The more people you interact with, the more you can act as a conduit of information, ideas, and connections. Effective networking springs from a helpful attitude and a genuine desire to be a useful contact or resource for others. Become a connector of people, ideas, and information.
Manage your network. Maintain a system for keeping track of you contacts and remembering important information about them. It doesn’t matter what system you use (LinkedIn, Outlook, a paper address book, etc.) but use it and maintain it. Go through your network list regularly to evaluate your contacts and your priorities. Be mindful of your relationship goals and take the actions you need to achieve them. Most experts believe it’s impossible to maintain meaningful relationships with more than 150-200 people at a time. As you add to your network, consistently evaluate the status of relationships. Some will do fine with little investment or attention, while others won’t grow no matter how hard you work at them. Focus significant energy on a third group – relationships that will grow only with the investment of your time and attention.
With Whom do you Network?
Start with people you know. Not only is it less daunting, it’s also more efficient to build on your existing network rather than starting from scratch. Make time to connect with colleagues, friends, or people you have worked with in the past. Make a commitment to stay connected and schedule time on a weekly basis for phone conversations, a cup of coffee or lunch with your people in network to keep these connections alive. Look for opportunities to expand your network to include people you wouldn’t ordinarily come in contact with – perhaps from professions, cultures, or backgrounds different from your own. When choosing social of business organizations to join, make the decision based on interest and commitment rather than defaulting to those that you think you should join but that generate little personal enthusiasm or interest. There is no such thing as the “right time” or the “right place” to meet the “right people.” You may meet them at your workplace, at your children’s’ activities, or at social events.
Put yourself out there and enjoy the exploration of meeting new and interesting people whenever and wherever you see an opportunity. Networking is an essential part of business and personal life that opens doors, expands your world, and creates unbelievable opportunity. Practice it, enjoy it, and prosper!
“Networking” is a word that has the power to intimidate both introverts and extroverts alike and it can shake the confidence and composure of even the most confident and self assured jobseeker or business professional. For many, it creates the uncomfortable vision of wandering around at a business or social function trying to handout business cards to as many people as possible knowing the majority of the cards will end up in tomorrow’s trash.
People generally hate the idea of networking because they fear it will make them look pushy, disingenuous, or desperate. Tactless and inappropriate attempts to ask people whom we hardly know for a job or a business lead will have exactly that effect. But networking, when practiced effectively, is a critical skill that adds value and reward in both the professional and social aspects of our lives. It’s not just an essential business skill, but an equally essential life skill.
Networking Reality
Networking is simply the act of proactively building and sustaining mutually beneficial relationships. Fundamentally its about connecting with people who are willing and receptive to being helpful while at the same time extending yourself as ready resource to them. From a business perspective, it can include exchanging business contacts, sales leads and resources. For job seekers, it represents the single most effective and efficient way to navigate the job market. While the spirit of networking must be “win-win” (where both parties see a benefit), in actuality, the benefits may not be equal or immediately apparent. You may offer assistance to people who are unable to help you, and other times people will help you even if you can’t return the favor. Sometimes the results come much later, but it always seems to even out in the long run.
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In today’s tough economy, companies are obviously struggling and are laying off employees at levels not seen since the early 1980’s when the U.S. was coping with the Savings & Loan Crisis and record high interest rates. Employers are seeking ways to reduce costs and downsizing continues to be on the rise. However, employee layoffs have significant overt, as well as hidden, costs and all costs should be considered when making a reduction in work force decision.
