The 6 Benefits of Networking for Organizations


 
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The 6 Benefits of Networking for Organizations
Anneke Zwart, Student (University), Netherlands, Moderator
Networking can yield a number of benefits for individuals, but also for organizations. The Hunter Institute mentions 6 advantages that networking can have for organizations:
  1. INFORMATION SOURCE: networking increases the necessary information sources about the industry in which the organization is working, the marketplace and also the broader community/society.
  2. BUSINESS OPPORTUNITIES: networking increases the opportunities in terms of doing business with a larger range of consumers.
  3. INNOVATION/CREATIVITY OPPORTUNITIES: large networks have the advantage that it can provide possibilities to tap into ideas about creative and innovative ways of operating or developing.
  4. ACCESS TO EXPERTISE: a large network increases the access to industry expertise.
  5. ASSISTANCE ON DIFFICULTIES: with the right...Sign up
 

 
Another Benefit from Networking for Organizations
Ahmed Almosa, Saudi Arabia, Member
7. ENHANCING FAIR COMPETITION among various organisations in the same industry. Networking can provide the information platform ensuring that all orga...Sign up
 

 
Networking and Collaboration
Andy Radka, Director, United Kingdom, Premium Member
Good list Anneke.
Only point that I would add is that in my experience Networking is the vehicle for Collaboration across those 6 areas. Collabor...Sign up
 

 
Trust and Implementation
Andrew Blaine, Business Consultant, South Africa, Member
Some other major benefits for organizations to be derived from Networking include:
8. TRUST. We choose to work with people or companies we know, ...Sign up
 

 
Networking is More Than Communicating
Alfred Schut, Business Consultant, Netherlands, Member
Networking is important for SHARING KNOWLEDGE accross the organization. It's a cultural negotiation in an attempt to agree on the use of resources and...Sign up
 

 
Networking is Nothing But Building 'Guanxi' Circles
C.L. Kappagomtula, Professor, Malaysia, Member
The topic initiated is nothing but the "Guanxi" circles, prevalent in China for Centuries. Building social circles to tap and reap the synergistic pot...Sign up
 

 
The Network Nature of Organizations
Augusto Carreira, Partner, Portugal, Member
This is one main topic of my research (to be published soon). An organization only EXISTS in the context of other organizations and is a networked ent...Sign up
 

 
Think About Whom to Network
Bernhard Keim, Business Consultant, Germany, Premium Member
Besides all the benefits one should not forget that networking also takes time. So be a little selective and think twice. THE CLASS OF ACQUAINTANCES I...Sign up
 

 
People Do Exist as Well
jorge anibal hoyos hoyos, Manager, Colombia, Member
Nobody mentions how far modern networking has immolated (editor: ~sacrificed) the personal contact, the smile, and human relationships when this moder...Sign up
 

 
Networking is a Factor of Production
Akomea, Professor, Ghana, Member
I believe networking is now a major force and must be added to the traditional factors of production ...Sign up
 

 
Sincere Networking
aziz, Student (University), United States, Member
Excellent post. @jorge anibal hoyos hoyos: I think networking should be genuine. Showing interest in knowing others ...Sign up
 

 
The Value of Personal Networking for Organisations
David Wrigley, United Kingdom, Member
Networking within an organization and their area of business are the "formal" and almost expected contacts that we make everyday.
From my experie...Sign up
 

 
Benefits of Networks for Organizations
Mohammed, Saudi Arabia, Member
I never found any organization around the world without a strong network and a qualified staff working to provide smart systems to serve them.
Ne...Sign up
 

 
Advantages that Networking Can Have for Organizations
Tesfu, Other, Member
Networking also can provide an opportunity for raising issues of common concerns amongst organizations, can help to identify possible solutions and ca...Sign up
 

 
 


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