The 6 Benefits of Networking for Organizations




Network Organizations
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Anneke Zwart
Student (University), Netherlands

The 6 Benefits of Networking for Organizations

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 people/organizations within your network, support can be provided when your team or organization is struggling with.
  6. PARTNERSHIPS AND ARRANGEMENTS: networking presents possibilities for partnerships and arrangements that are beneficial for the organization.
⇒ Can you think of any other benefits of networking for organizations?
Source: PowerPoint How to Develop Effective Workplace Relationships?
 

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4
Ahmed Almosa
Saudi Arabia
 

Another Benefit from Networking for Organizations

7. ENHANCING FAIR COMPETITION among various organisations in the same industry. Networking can provi... Sign up

 
3
Andy Radka
Director, United Kingdom
 

Networking and Collaboration

Good list Anneke. Only point that I would add is that in my experience Networking is the vehicle fo... Sign up

 
1
Andrew Blaine
Business Consultant, South Africa
 

Trust and Implementation

Some other major benefits for organizations to be derived from Networking include: 8. TRUST. We cho... Sign up

 
1
Alfred Schut
Business Consultant, Netherlands
 

Networking is More Than Communicating

Networking is important for SHARING KNOWLEDGE accross the organization. It's a cultural negotiation ... Sign up

 
1
C.L. Kappagomtula
Professor, Malaysia
 

Networking is Nothing But Building 'Guanxi' Circles

The topic initiated is nothing but the "Guanxi" circles, prevalent in China for Centuries. Building ... Sign up

 
3
Augusto Carreira
Partner, Portugal
 

The Network Nature of Organizations

This is one main topic of my research (to be published soon). An organization only EXISTS in the con... Sign up

 
1
Bernhard Keim
Business Consultant, Germany
 

Think About Whom to Network

Besides all the benefits one should not forget that networking also takes time. So be a little selec... Sign up

 
2
jorge anibal hoyos hoyos
Manager, Colombia
 

People Do Exist as Well

Nobody mentions how far modern networking has immolated (editor: ~sacrificed) the personal contact, ... Sign up

 
2
Akomea
Professor, Ghana
 

Networking is a Factor of Production

I believe networking is now a major force and must be added to the traditional factors of production... Sign up

 
1
aziz
Student (University), United States
 

Sincere Networking

Excellent post. @jorge anibal hoyos hoyos: I think networking should be genuine. Showing interest in... Sign up

 
2
David Wrigley
United Kingdom
 

The Value of Personal Networking for Organisations

Networking within an organization and their area of business are the "formal" and almost expected co... Sign up

 
0
Mohammed
HR Consultant, Saudi Arabia
 

Benefits of Networks for Organizations

I never found any organization around the world without a strong network and a qualified staff worki... Sign up

 
1
Tesfu
 

Advantages that Networking Can Have for Organizations

Networking also can provide an opportunity for raising issues of common concerns amongst organizatio... Sign up

   

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