Volume 1, Issue 7

 

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Building a Network That Will Serve You For Life

Just from simply seeing the word “network” many immediately get nervous and uneasy. Most of us would rather give a speech to a large audience than “work a room” filled with strangers. However, building a network is not about your ability to “work a room.” It is about your commitment to cultivating relationships that will serve you for life. Most people don’t think about building a network until they are in need of one. In most cases, that can be too late. Making connections that will benefit your professional goals is not as difficult of a task as people think. It does though require time and commitment.

Why should you build a network?

Most senior level opportunities are found through networking. In fact, almost 90% of senior executives find their next opportunity through a personal contact. This could be a former co-worker, vendor or your neighbor next door. However, most people do not actively work at maintaining or building their network while employed. Senior executives remain heads-down in their companies focused on achieving their goals, and in turn ignore their career goals and critical relationships that will aid them in moving towards those goals. With the average tenure of a senior executive position lasting only three years, it is important to have a network that you could turn to quickly when it becomes necessary.

Networking is not only important for finding your next opportunity, but will also aid you in your business. The relationships you build can lead to increasing the visibility of your company in the marketplace, winning new accounts, or building a network of trusted advisors in which you can seek council on issues that are critical to your business success.

How to build a network:

First, start with what you have. Make a conscious effort to keep in touch with former colleagues, service providers, clients, school alumni, etc. Set realistic goals for how you plan to keep in touch and then remain committed to those goals. For example, call five people from your network each week and send out e-mail to your network several times a year. This e-mail could include an update on your current situation, an interesting article that you have read that might be of value to them or a holiday greeting.

Expand your connections and create new relationships. Find a local professional association to join and commit to attending on a regular basis. Most associations meet on a monthly basis so the time commitment will not be too strenuous and after a few months, you will notice a difference in the relationships that you have built. Remember that the purpose of attending these events is not to just make new contacts. The purpose is to build connections and relationships. You will not connect with everyone that you meet. However, with those individuals that you do connect with make sure that you follow up with them and keep in mind ways that you could be helping them achieve their business or career goals.

The most important part of joining an association is to find a group that makes sense for you. There are associations that cater to specific industries such as The American Electronics Association for technology or The Life Sciences Industry Council for healthcare/life sciences. There are also specific functional associations such as: The Forum for Corporate Directors created specifically for CEO’s and board members; Financial Executives International for senior financial executives; or the National Human Resources Association for senior human resource professionals.

Donating your time to a non-profit is an excellent way to give back to the community while expanding your professional network. The Volunteer Center in Orange County has created a special program for senior executives to serve on boards of local non-profit organizations. Their Board Connection program trains and matches senior executives to the board that is the best fit for them.

Regardless of your position or industry expertise, the question isn’t if you’ll need a network, it’s when. Making time to invest in building relationships is critical in helping you reach your business objectives and long-term career goals.

Remember, it’s all about relationships!