Importance of a Global People Network

What’s the most critical aspect of running a business? Some executives might say it’s their consumers, while others consider their employees the vital element. But what secret ingredient is a combination of both? Every organization needs a global people network, and the earlier you build this network, the better.

Why do you need a global people network?

·         To share knowledge

Networking is all about sharing ideas, insights, and innovations. Executives of similar career levels can help you access knowledge that was once out of your reach, helping you gain new perspectives and avoid mistakes.

·         To create more opportunities

Everyone is always looking for ways to showcase their strengths, actively seeking the best investments, ideas, and technologies. Networking can make these opportunities come to you. Opportunities are a by-product of having good connections, opening up numerous partnerships and requests for your products and services.

·         To stay visible

Enhancing your visibility is different from solidifying your place in the industry. More and more businesses are competing for the top spot, and you must establish your identity early. Building strong connections within your network can quickly raise your profile in your industry. When you regularly attend events, people will slowly but surely recognize your worth.

How to enhance your global people network, Here are some tips on using your professional network effectively:

·         Reach out to people who can provide you with the help you need, whether they’re fellow executives, key influencers, or former colleagues in different industries.

·         Strike a balance between giving and taking from your network. The relationship must be mutually beneficial, preventing miscommunications along the way.

·         Maximize your resources, including emails, social media platforms, mutual friends, and executive networking events.

Networking is easier said than done. The key is to stay consistent. Make an effort to be proactive and maintain your connections year-round without giving off the idea that you expect something in return from them.

Source:

https://smallbusinessbc.ca/article/five-benefits-networking/

https://www.indeed.com/career-advice/career-development/networking-in-business

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