Read The Times Australia

Daily Bulletin

Research shows networking is painful, but it can be a lot better

  • Written by: Libby Sander, Assistant Professor of Organisational Behaviour, Bond Business School, Bond University
Research shows networking is painful, but it can be a lot better

Is it enough to throw a group of people together, give them a name badge and hope for the best? Research suggests it isn’t.

Forming and maintaining strong professional relationships is a key component of career success. These networks help individuals to access resources, information and support. But people often hate networking.

Strong networks provide a range of benefits including learning, sources of information, salary growth, innovation and a means of getting things done. Research shows that people with diverse contacts are able to access information that helps them generate better ideas.

Building professional relationships improves both quality of work and job satisfaction. As the landscape of work changes rapidly, employees are making more frequent career moves, which means that networking is a critical competency.

Networking often doesn’t work

Despite intending to meet new people in networking settings, we often don’t act on these plans. A study of MBA students at a specially organised networking event found that while 95% of attendees wanted to meet new contacts, they spent over half of the time with people they already knew.

For many, the prospect of networking is as appealing as public speaking or a trip to the dentist. In fact, research has shown that networking for the purpose of advancing our professional goals can make us actually feel dirty.

And trying to make new connections isn’t easy. Studies have shown that we tend to gravitate to people we already know, see often, or who are similar to us. This can be challenging for people trying to create new networks. It also explains why some employees feel isolated when trying to join established networks.

A recent study demonstrated that traditional networking in science, technology, engineering and mathematics fields can be gendered. Women make 42% fewer contacts, spend 48% less time talking to them and make 25% fewer LinkedIn connections than their male counterparts.

What networking success looks like

So what can be done to increase the value and success of networking? The benefits of networking are influenced by the dynamics and nature of the network.

Emerging research is highlighting the interaction of the role of trust, the place and space where these events occur, and the role of hosts, to increase the effectiveness of networking. Previous studies show physical proximity to others is important in building new relationships. Employees are often encouraged to relocate to regional economic clusters (Silicon Valley, for example), join incubators and coworking spaces, and find ways to be close to other entrepreneurs, investors and customers.

But for people to form new connections, research indicates that social, not just physical barriers, need to be reduced.

One of the solutions to this are structured events to reduce these barriers and decrease search efforts to find new networks and opportunities. A recent example of this was a chartered flight from Silicon Valley to the Myriad entrepreneurship festival in Brisbane. The idea of the mid-air networking flight was to create opportunities for established entrepreneurs, investors and business leaders to network with emerging entrepreneurs, students and business people.

But for networking to succeed it needs to be more than one-off events. Studies show that individuals who receive organised introductions make a far greater number of new contacts, and make far stronger connections with these contacts, than those who received no introduction.

These findings emphasise the importance of creating opportunities for both employees and entrepreneurs to connect, beyond just bringing them together in a particular setting or event. In my research, I found that the role of a host in business incubators and coworking spaces was critical in helping to identify and create opportunities to form new and diverse networks.

The hosts of these spaces appear to play a pivotal role in a network. They identify not only those who should connect, but also ensure they are at the right stage to take advantage of the introduction. The host is also able to connect people to the right information and resources.

The success of this role appears to rest heavily on the trust embedded in these established networks. The person who is being asked to connect is more open to the meeting, knowing that the host will have determined that the meeting will be worthwhile for both parties.

Entrepreneurs rely on social ties in building new ventures, and employees rely on effective workplace networks to be innovative and perform better. These new studies show that if the physical setting as well as clear strategies to facilitate new connections and networks are right, then networking wouldn’t be such a pain.

Authors: Libby Sander, Assistant Professor of Organisational Behaviour, Bond Business School, Bond University

Read more http://theconversation.com/research-shows-networking-is-painful-but-it-can-be-a-lot-better-96854

Business News

How Businesses Can Prepare for Unexpected Power Outages

Power failures can occur quickly. The supply may be interrupted by bad weather, issues with the electricity network, damaged equipment or local construction work. This can be just a hassle for a fam...

Daily Bulletin - avatar Daily Bulletin

How Chatswood Tutoring Can Fit Into a Student’s Weekly Routine

Create a Predictable Weekly Structure A consistent weekly routine can make study easier to manage when students are balancing several subjects. Chatswood tutoring can provide a fixed learning point a...

Daily Bulletin - avatar Daily Bulletin

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

From Coastal Calm to Classic Comfort: The Right Carpet for Every Style of Home

Carpet is often chosen near the end of a room makeover, after the walls, furniture, and lighting h...

How to Add a Heart to a Photo in Seconds

Visual storytelling has rapidly evolved in the digital age, transforming how we share our daily expe...

Why Small-Denomination Physical Gold is Becoming the Ultimate Defensive Asset

In a landscape of lingering macroeconomic uncertainty and rising domestic living costs, everyday i...

Why Your Feet Spread During Running and What That Means for Shoe Fit

The trainers felt brilliant in the shop. You walked around, bounced on your toes, checked the mirror...

How to Vet and Hire the Right Property Expert in the Australian Market

Navigating the Australian real estate market has become a highly strategic exercise. Recent nation...

Moving From Australia to Wellington: The Practical Settling-In Checklist

Wellington has a lot going for it. It's compact, walkable and full of cafes, with a harbour that r...

How to Match Replacement Roof Tiles on an Older Home

Renovating or repairing an existing roof comes with quite a few headaches, and matching the old roof...

Sydney Academy Partnership Targets Talent Development for Travel and Hospitality

VFS Global Academy’s Australian expansion will focus on practical skills and career development thro...

How Strategic Corporate Gifting Boosts Client Retention and Team Morale

As the calendar pushes towards the end of the year, business leaders across Australia begin evalua...