Network design gives
you control over the balance and make-up of your network and it assists in goal
setting and follow-up. I find that a well-designed network helps me manage all
of my relationships and allows me to provide different kinds of value to
different contacts.
It is entirely up to
you how you create your network. It should reflect your goals and needs and it
should provide you with assistance and support when you need it. Who do you
want to include? Depending on your goals, your network can be very narrow or very
broad, or you may benefit from taking a multi-group approach. Make sure your
network is meaningful and relevant. Design it exactly how you want it.
It is my preference to
have a multi-group network. Creating structure allows me to focus on different
requirements and different ways of adding value to relationships. Let me share
my network structure.
Group 1: Support
Network
These are the people I call on for advice and assistance. These are very close
to me and provide personal mentoring and support. This group is very small but
it is diverse. They
know if I have made a mistake or if I need assistance. They know what I am
trying to achieve. This group includes mentors and friends (as this is about
business networking, friends are business-related friends) and people I have
mentored. Membership rarely changes except when I add new project-specific
mentors. These relationships are long-term and carefully managed. We have a lot
of contact.
Group 2: Reference
Network
Each member of this
group has agreed to be a supporter and knows that I will call on them whenever
I need public support or acknowledgement. This group includes past clients,
industry opinion leaders, consultants and advisors that I have worked with on
past projects, etc. Relationships in this group are actively managed and it is
very important that these people know what I am doing and know about my big new
projects. I spend effort on reciprocal networking so I continue to add value to
our relationships and stay relevant to these contacts. And when I need a
reference, I know whom to ask.
Group 3: Potential
Clients and Opinion Leaders
The people in my
potential clients group are senior executives and people from target firms and
professional associations. To get into this group, contacts are vetted for
relevance and for a close fit with my business goals. I try to be selective
with this group. My main objective is to “pay forward” and add value to these
relationships in any way that helps foster our relationship and build
credibility. One day, I hope to call on these people for new business, opportunities
to speak at conferences, and industry advice.
Group 4: Industry
Contacts
This is the largest of
all my networking groups and it is made up of practically everyone I have ever met from my
industry. I work hard to be very broadly known in the industry and make a
conscious effort to meet a lot of people. I try to learn about their companies
and about them – just a bit of information, so that I know their context in the
industry. Relationship management is on an ad
hoc basis. If I can connect people together, I will, and if people contact
me, I always answer.
Group 5: Cross
Fertilisation
People in the cross fertilisation
group have nothing to do with my business. This is a very important group
because I am able to learn new ideas and understand new applications through
exposure to different people. In return, I teach them about my industry and how
we do things.
The main benefit of
designing your network instead of letting it develop on its own, is that you
can concentrate on weak areas, you can add a group structure to provide
different focus areas, and you can build groups to manage specific goals. It is
about balance and relationship management. It is about surrounding yourself
with people that will lend a hand when you need one.
Please send your
comments and tell me how you benefit from network design.
Thanks for reading,
Cathy
Hi Cathy,
ReplyDeleteThis is a great post. I thought about who was in my first group and realized that it was severely lacking. I have close friends and family members who really want me to succeed and a handful of experienced professionals who I contact from time to time. None of these people really fit into the first group. It's likely that many new graduates are in this situation.
Thanks for your comment!
ReplyDeleteOf all the network types, your core support network is the most important for your personal success. They help to guide you, give you a shoulder to cry on, and a cheering squad for your victories. As a new graduate, I can strongly advise you to get a mentor to help you get started. You can even ask the professionals that you talk to if they can recommend a mentor. One may step forward.
By being aware that you are looking for a personal support team, you will be more alert when the right candidate comes by.
Regards
Cathy