Business networking through Online Community is the process of developing relationships in order to enhance knowledge, increase business and expand one’s sphere of influence.
Your Online Community network could include everyone from friends and relatives, business connections, your social network, current and previous co-workers, and members of groups to which you belong.
Business networking is a really valuable way to expand your knowledge, learn from the success of others, attain new leads, and tell others about your business. Active networking is vital to growth.
Find A New Job By Reaching Out To Singapore’s Best Recruiting Experts
The importance of selecting the right executive search firm should never be underestimated. Choose a wrong one and your organization may suffer costly delays in filling in a crucial position or be saddled with a new hire who turns out to be unsuitable for the position. To better gauge the fitness of prospective search firms, make sure you answer these questions.
What executive job search experience do you have?
Asking this question will give you a good idea on whether the prospective search firm has established expertise in the areas which are critical to the successful completion of your search. Certainly, the more examples they can share, the better. You need to have full confidence in an executive search firm's ability to attract high quality candidates who have the requisite qualifications and skill set for your specific need. What are your search methodologies, and how can you apply them to my requirements? Discussions with prospective search firms should center on how they intend to go about filling your job requirements. Urge them to be as specific as possible in explaining their strategies in identifying and attracting candidates and to what extent they can offer recruitment guidance for your organization and the candidates.
How will my organization interface with your firm?
It will also be helpful to obtain a detailed account of the processes and mechanics of your partnership. This should include a clear designation of roles and responsibilities, appointment of a dedicated project or recruitment manager, setting up of project milestones, submission of progress reports and schedule of meetings and consultation. You will want an executive search firm that is willing to communicate with you and address the search in the manner which is most beneficial for you.
What is the expected time line?
Corollary to a detailed scope of responsibilities, is an assurance of sticking to a time line that works for both parties. The time-critical aspects of the recruitment activities should balance out with your schedule and that of the firm's. Good executive search firms will readily offer an honest assessment of the time necessary to conduct a thorough candidate search.
How involved will you be in candidate negotiations?
Search firms vary in willingness and expertise in liaising between the hiring organization and a candidate in the final negotiation stages. It's a tricky area to navigate, and you'll want a search firm that can represent and communicate the best interests of both your company and the candidate you wish to hire.
What are your fees?
You need to understand how the executive search firm will bill for its services. A retainer-based approach is often ideal as the expenses can be spread out over the course of the project, although some firms are known to accommodate charging a flat fee for certain projects. Billable items should be scrutinized and should amount to a compelling package of high value services.
A Few Things to Remember
The key thing to remember when evaluating prospective search firms is to be as clear as possible in explaining your requirements for the position, your own expectations and the kind of involvement you're capable of contributing to the process. Tailoring each question according to your organization's specific needs will also help you obtain the answers you need and from there make a well-informed decision.
There are many benefits of business networking:
1. Increased business.
Networking is great for generation of referrals. You get high-quality referrals through networking, and much higher quality leads than other forms of marketing.
2. Strong connections.
Betruedesign networking opportunities opens the door to talk to highly influential people that you won’t otherwise be able to find easily. You have a great source of relevant connections in your network that you can call on when you need them.
3. New opportunities.
You gain opportunities like joint ventures, partnerships, business, client leads, job, speaking and writing opportunities. Active networking increases your likelihood of receiving new opportunities for business, career advancement, and personal growth. Make sure the opportunities you get involved in should align with your goals and vision.
4. Career advice and support.
You get quality advice from your network on all sorts of things related to your business or even your personal life. Networking opens the door to valuable suggestions and guidance from experts and experienced people. Your sphere of experienced peers will be able to answer even your toughest questions.
5. New ideas.
Exchanging information on challenges, experiences and goals is a key benefit of networking. Your network can be an excellent source of new perspectives and ideas. By talking to experts, you can gain insights from a different perspective. You see things in a new light.
6. Raising your profile.
Networking helps you build your reputation as a knowledgeable, reliable and supportive person if done right. Regularly attending professional and social events will help you get noticed and advance your career.
7. Positive influence.
It’s important to surround yourself with positive, uplifting people that help you grow and thrive as a business owner.
8. More knowledge.
Networking is a great opportunity to exchange best practice knowledge, learn about the business techniques of others and stay abreast with latest industry developments.
9. Increased confidence.
By continuously putting yourself out there and meeting new people via a Online Community, you’re stepping outside your comfort zone and building invaluable social skills and self-confidence. You get increased confidence by regularly networking and pushing yourself to talk to people you don’t know.
Strong lasting friendships tend to form as a result of networking because mostly all are like-minded business owners.
11. Satisfaction from helping others.
Business owners have problems and issues within their business that needs solving, and it’s a great satisfaction helping others.
In short networking sessions organized by Betruedesign is actually about building long-term relationships and a good reputation over time.
- Business Development Management Network
- CEO Jobs Search Conference
- CFO Career Council
- Consultant Professional Council
- HR Executive Summit
- Human Resource Logistics Procurement Conference
- Information Technology Logistics Procurement Conference
- IT Business Council
- Finance Manager Executive Symposium
- Managing Director Management Conference
- Marketing Manager Business Seminar
- Vice President Management Conference
- General Manager Professional Symposium
- Sales Manager Management Council