Ask most people what they think when they hear ‘business networking strategy’ and they’ll describe breakfast meetings, swapping business cards, and expanding your business and sales networks within your particular industry.
However, in a new online business TV show networking expert Andy Lopata describes a new kind of business networking strategy becoming increasing common among successful large organisations.
In his business networking advice on the show, Lopata argues that your business networking strategy does not need to be outward facing, and in fact the benefits of a good business networking strategy can apply equally to a company’s internal operations, as its external business.
Most businesses consider internal communications and cooperation between teams to be critical to their business growth strategy. Larger organisations in particular can be prone to suffering from silo mentalities and staff working at cross purposes, either through poor communication or poor workplace dynamics.
Lopata’s new business advice is to think about deploying an internal business networking strategy to address these kind of communication issues.
How effective are the internal networks in your company, Lopata asks. What better way to encourage different departments talk to each other, share best practice, and resolve common problems together, than by building great relationships through a business networking strategy?
In his new business advice in the show, Lopata discusses a real world example of business networking put to work in this way inside a very large company: IBM.
Watch the show to learn how IBM were able to improve its performance by encouraging its various teams to adopt business networking techniques, and to hear the rest of Lopata’s business networking advice.
Andy Lopata’s free
business networking advice TV shows appear every week here on yourBusinessChannel. His business networking shows appear alongside shows by dozens of other world leading experts in all areas of business.
