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The Future of Networking is Here
Strategic networking and simple systems for business growth
THE STRATEGIC NETWORK
Build your network with connections, content, and community.
š Hey there! Mike, here. Youāre part of a special strategic networking community of 73,057 networkers.
In todayās issue:
Super connector Adam Grant talks about the new era of strategic networking and great leadership
Life isn't fair. Neither Is networking, apparently.
Upcoming networking events!
And moreā¦
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TOP FINDS
ā¤ļø Best in Strategic Networking & Simple Systems
Networking is often misunderstood, leading many professionals to shy away from it or approach it with the wrong mindset. Letās debunk some common myths that can hinder your success. (Link)
The networking trick that always blows peopleās minds (Link)
Where the true value of networking comes from, according to Simon Sinek. (Link)
IN THE SPOTLIGHT
šŖ Featured Power Networker
Power Networker: Adam Grant
Biz: Organizational psychologist at Wharton, #1 NYT bestselling author of HIDDEN POTENTIAL and THINK AGAIN, and host of the TED podcasts WorkLife and Re:Thinking
Leadership Strategy: āGood leaders build products. Great leaders build cultures. Good leaders deliver results. Great leaders develop people. Good leaders have vision. Great leaders have values. Good leaders are role models at work. Great leaders are role models in life."
Primary Channels: LinkedIn (5.4M), Twitter X (859k), Facebook (510k)
Networking Advice:
āThe idea of networking has always made me a little uncomfortable. I'm pretty sure I'm not the only one... Networking can be forced, cringe-worthy or worse. But it doesn't have to be that way. The point here is to turn the whole idea of traditional networking on its head. If you want to build a network of people who recognize your value, don't focus on what you can get. Figure out what you can give.ā
DEEP DIVE
ā Featured Article
Life Isn't Fair. Neither Is Networking, Apparently.
I recently referred someone in my business networking group to a different group. They told him he could join if he agreed to quit my group...
Iāve been running business networking groups for nearly 25 years. As many people know, I am a big believer in networking.
But networking isnāt always fair.
Or do I say rarely fair?
Some people give much more than they receive. Others just take, take, take.
I donāt know how many times Iāve heard remarks similar to ā¦
āI gave 47 referrals this past year. I received 4 and two of those werenāt even real.ā
Many professionals donāt seem to strive for equality when it comes to networking.
The Status of Networking Organizations
But what about the networking organizations themselves? The ones that should be focusing on bringing people together in fair and mutually beneficial ways and setting the bar for a āwin-winā networking environment?
Recently, I was approached by a networking group member who wanted to increase his networking activities. Since our group met monthly, I suggested an alternative local networking group to compliment his participation in our group.
He returned the next day and told me in frustration that he wasnāt joining the group.
āWhy?ā I curiously asked.
He replied, āThey were grateful that you referred me, but said I would have to quit your networking group to join theirs in order to stay in compliance with their organizationās policies and values.ā
Sure enough, when I went to the organizationās website it clearly stated:
A member cannot be in any other program that holds members accountable to pass referrals.
Arenāt we beyond that already?
Apparently not.
Here are some horror stories that professionals shared with me regarding the āunfairnessā in networking over the years:
āMy networking group terminated my membership because I missed a few meetings while getting chemotherapy for cancer.ā
āI introduced a member in my networking group to one of my largest clients. He aggressively tried to hard sell her so much that my client blamed me and I lost her business.ā
āAgainst my better judgement, I was coerced by my business networking groupās leadership team to refer my parents to our groupās exclusive financial planner. He lost them over $100k investing in high-risk stocks.ā
So, what can we do about it?
The Future of Networking
The future of business networking will include more equitable distribution of efforts, technology platforms that insure mutually beneficial relationships, and higher accountability.
After all, if the dating world could do it why canāt the business world?
On the dating platforms, weāve seen great strides in efficient connecting (swiping), pairing members with mutually beneficial goals (matching) and improved accountability (reporting systems & user screening).
The good news is that we should see some similar advancements in business networking in the coming months,
Itās long overdue.
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