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Top 10 Benefits of Professional Networking

Tony Orji by Tony Orji
May 14, 2021
in INews, Inspiration, Lifestyle, Socio-Economic Issues
Reading Time: 5 mins read
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Career advancement requires active professional networking. Many people cringe at the mention of networking, associating it with awkwardness, cheesy events, and the concept of ‘selling’ oneself.
Despite its negative connotations, networking is about developing long-term relationships and establishing a positive reputation over time. It entails meeting and becoming acquainted with individuals who can assist you and who may be able to assist you in return. Effective networking is built on a foundation of trust and support, and it can mean the difference between a mediocre and a phenomenal career.

 

The following are just a few of the many benefits of networking:

1. To Strengthen Business Connections

2. To Gain More Knowledge

3. To Get Fresh Ideas

4. To Raise Your Profile

5. To Get Access to Job Opportunities

6. To Gain A Different Perspective

7. To Get Career Advice and Support

8. To Build Confidence

9. To Develop Long-lasting Personal Relationships

10. To Build Long-Lasting Business Network

 

Strengthen Business Connections

The purpose of networking is to share, not to take. It’s about developing trust and assisting one another in accomplishing objectives. Engaging with your contacts on a consistent basis and identifying opportunities to assist them helps to fortify the relationship. This way, you plant the seeds for reciprocal assistance in the future when you require assistance to accomplish your goals.

 

Gain More Knowledge

Networking is an excellent way to share best practices, gain insight into your peers’ business strategies, and stay current on industry developments. It helps you to gain more knowledge on how things really work. A large network of knowledgeable, interconnected contacts enables easier access to new and valuable information.

The ability to gather new information is a frequently overlooked benefit of networking, as it is not the most obvious, but it also provides opportunities for career advancement and development.

It’s a good idea to actively inquire about new developments and techniques, but it’s also a good idea to monitor the types of articles your contacts share on LinkedIn – and don’t forget to leave a comment to let them know you enjoyed the piece. Additionally, do not disregard the perspectives of individuals from other industries – they may be able to provide you with new perspectives you hadn’t considered previously.

 

To Get Fresh Ideas

Your network can be an invaluable source of new perspectives and ideas that can assist you in your role. The exchange of information about challenges, experiences, and goals is a critical benefit of networking because it enables you to gain new perspectives that you might not have considered otherwise.

Rather than being inconvenient, the majority of people enjoy being asked for assistance because it is flattering and makes them feel useful. If you’re having difficulty making a decision, facing a challenge, or deciding on a new direction, contacting a trusted former colleague, mentor, teacher, or friend to arrange a coffee can benefit both of you, as they will think of you the next time they face a similar situation.

Offering helpful suggestions in exchange helps you establish your reputation as an innovative thinker.

 

To Raise Your Profile

Being visible and attracting attention is a critical benefit of networking for career advancement. Attending professional and social events on a regular basis will assist in establishing your profile.

By listening attentively, following up on conversations, remembering names, and offering your knowledge and expertise to other attendees, you can add value to their experience.

You can then contribute to your profession’s reputation for being a knowledgeable, trustworthy, and supportive member by providing helpful information or tips to those in need.

Raising your profile in professional circles will also help you stand out to recruiters, who are constantly on the lookout for exceptional talent and are therefore more likely to approach you with offers.

To Get Access To Job Opportunities

Expanding your network can pave the way for new business opportunities, career advancement, personal growth, and even new knowledge. Active networking keeps you in mind when opportunities such as job openings arise and increases your chances of being introduced to potentially relevant people or even receiving a referral.

Remember that many jobs go unadvertised – particularly as your career progresses – and that being a recognized member of networks is critical for gaining access to opportunities you might not have had otherwise.

 

To Gain A Different Perspective

It’s all too easy to become mired in the minutiae of your professional life and fall into a rut. By speaking with others in your field or with experts in a particular field, you can gain insights that can only come from a new perspective on a situation. Inquiring of trusted or admirable contacts can help you see things differently and navigate around roadblocks you might not have been aware of otherwise.

 

To Get Career Advice and Support

Obtaining advice from knowledgeable peers is a significant advantage of networking. Discussing common problems and opportunities facilitates the exchange of valuable advice and guidance. Offering genuine assistance to your contacts also establishes a solid foundation for receiving assistance in the future.

 

To Build Confidence

By putting yourself out there and meeting new people on a regular basis, you’re effectively stepping outside your comfort zone and developing invaluable social skills and self-confidence that you can take with you wherever you go. The more you network, the more you will grow and develop an understanding of how to form lasting relationships.

 

To Develop Long-lasting Personal Relationships

While the purpose of networking is to establish and nurture professional relationships, some of the strongest and most enduring friendships are formed through professional connections. Because your networking contacts are likely to be like-minded individuals with similar goals to yours, it is not improbable that your professional support network will spill over into personal friendships. 

To Develop Lasting Business Networking

Business Networking is responsible for the success of many brands and companies around the world.  If you Network well enough and long enough, you will have little or no issues growing your business. A member of the network who is more experienced would always come to your aid in time of need or guidance. 

 

SIIT Academic Council

 

Tags: InspirationNetworking
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About Dr. Anthony Orji

Dr Anthony Orji

Senior Lecturer, Economics, UNN

Dr Anthony Orji is a Ph.D holder in Economics and a lecturer at the Department of Economics, University of Nigeria Nsukka.

He obtained his B.Sc, Msc and Ph.D Degrees from the University of Nigeria, Nsukka and a Post Graduate Diploma in Sustainable Local Economic Development (SLED) from Erasmus University, Rotterdam Netherlands.

Dr Anthony Orji

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