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Success Through
Networking
Carl B. Forkner, Ph.D.
Presentation to
Introduction
• Dr. Carl Forkner
– Over 35 years of experience in education, training, & leadership
– Retired Naval Officer & University Professor
– Published Author
– Director of Training & Development at DWWTC
Agenda:
• Networking: What is it?
• C2B Networking
• B2C Networking
• B2B Networking
• Electronic Networking
• Translating Electronic Contacts into Physical Networks
• Finding Networking Opportunities
• Q & A Period
Networking: What is it?
• A socioeconomic business activity by which groups of like-minded
businesspeople recognize, create, or act upon business opportunities.
• A business network is a type of business social network whose reason for
existing is business networking activity.
• A more cost-effective method of generating new business than advertising
or public relations efforts.
– Business networking is a low-cost activity that involves more personal
commitment than company money.
The Evolution of “It”
• In the beginning:
– It’s what you know…
• Entering the new Millennium:
– It’s who you know…
• Fast-forward to Today:
– It’s not who you know; it’s who knows you…
Why Network?
• Networking is the key ingredient to capture the essence of today’s
environment – who knows you.
• Five ways networking helps you:
– Confidence
– Friendships
– Opportunities
– Skill Improvement
– Shared Knowledge
Growing Your Network…
1. Be helpful
2. Build your reputation
3. Make yourself visible
4. Get up, get out, get going!
5. Have intentions
6. Think long-term
7. Get rejected (huh?)
8. Listen!
9. Ask questions
10.Follow Up
C2B Networking
• A business model in which consumers (individuals) create value and
businesses consume that value.
– A reverse auction or demand collection model, enables buyers to name or demand their
own price, which is often binding, for a specific good or service.
– The electronic commerce business model in which consumers can offer products and
services to companies, and the companies pay the consumers.
• Primary means is through Internet sites, such as Web pages, Blogs, and now
some social media platforms.
B2C Networking
• The exchange of information from business to consumer contacts.
• Focuses primarily on retail marketing/sales of products and services.
– Rides a backbone of social media and CRM platforms
• It’s not so much technology has changed. It’s people that have
changed how they are utilizing technology to do business.
B2B Networking
• A situation where one business networks to make commercial transactions
with another.
– A business is sourcing materials for their production process.
– A business needs the services of another for operational reasons.
– A business re-sells goods and services produced by others.
A key obstacle to B2B networking is managing the relationship
between sales reps and client side decision makers
Where does Business Meet?
• Referral networking groups
• Executive peer-to-peer coaching
• Chamber of Commerce events
• Networking groups
– Open
– Closed
Electronic Networking
• Facebook is the most important
for B2C networking & marketing
Electronic Networking
• LinkedIn is most important for
B2B networking & marketing
– Facebook is gaining ground over
the last two years…
Electronic Networking
• Number of active users on top 5 social media platforms
2
332 M
users
4
284 M
users
3
300 M
users
5
70 M
users
1st
1.35 B
users
2014 Data
Electronic Networking
• Number of daily users on top 5 social media platforms
2014 Data
2
135 M (40%)
users
1st
864 M (64%)
users
4
66 M (22%)
users
5
36 M (51%)
users
3
100 M (35%)
users
Electronic Networking
• Social Media Demographics
Why are LinkedIn & Facebook
Important?
50% of companies use Facebook to find talent
80% of companies use LinkedIn to find talent
74% of HR professionals actively use LinkedIn
93% of recruiters actively use LinkedIn to source new employees for client companies
Translation: From Trons to People
• Make connections meaningful
– Quality, not quantity, is most important
• Sharing information & media
• Posts
• Comment & respond
• Groups
Finding Networking Opportunities
• Chambers of Commerce
• Networking events
– Networking Phoenix
– Meetup
– Network After Work
– PBJ events
– Referral 101 Network
– Executives Network
– Eventbrite
In Closing…
• Start the conversation
• Make meaningful connections
• Nurture your connections
• Continue the conversation
• Mutual support
• Follow through
• Make networking a priority
Get up, get out, get going!
Success Through
Networking
Carl B. Forkner, Ph.D.

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Success through Networking

  • 1. Success Through Networking Carl B. Forkner, Ph.D. Presentation to
  • 2. Introduction • Dr. Carl Forkner – Over 35 years of experience in education, training, & leadership – Retired Naval Officer & University Professor – Published Author – Director of Training & Development at DWWTC
  • 3. Agenda: • Networking: What is it? • C2B Networking • B2C Networking • B2B Networking • Electronic Networking • Translating Electronic Contacts into Physical Networks • Finding Networking Opportunities • Q & A Period
  • 4. Networking: What is it? • A socioeconomic business activity by which groups of like-minded businesspeople recognize, create, or act upon business opportunities. • A business network is a type of business social network whose reason for existing is business networking activity. • A more cost-effective method of generating new business than advertising or public relations efforts. – Business networking is a low-cost activity that involves more personal commitment than company money.
  • 5. The Evolution of “It” • In the beginning: – It’s what you know… • Entering the new Millennium: – It’s who you know… • Fast-forward to Today: – It’s not who you know; it’s who knows you…
  • 6. Why Network? • Networking is the key ingredient to capture the essence of today’s environment – who knows you. • Five ways networking helps you: – Confidence – Friendships – Opportunities – Skill Improvement – Shared Knowledge
  • 7. Growing Your Network… 1. Be helpful 2. Build your reputation 3. Make yourself visible 4. Get up, get out, get going! 5. Have intentions 6. Think long-term 7. Get rejected (huh?) 8. Listen! 9. Ask questions 10.Follow Up
  • 8. C2B Networking • A business model in which consumers (individuals) create value and businesses consume that value. – A reverse auction or demand collection model, enables buyers to name or demand their own price, which is often binding, for a specific good or service. – The electronic commerce business model in which consumers can offer products and services to companies, and the companies pay the consumers. • Primary means is through Internet sites, such as Web pages, Blogs, and now some social media platforms.
  • 9. B2C Networking • The exchange of information from business to consumer contacts. • Focuses primarily on retail marketing/sales of products and services. – Rides a backbone of social media and CRM platforms • It’s not so much technology has changed. It’s people that have changed how they are utilizing technology to do business.
  • 10. B2B Networking • A situation where one business networks to make commercial transactions with another. – A business is sourcing materials for their production process. – A business needs the services of another for operational reasons. – A business re-sells goods and services produced by others. A key obstacle to B2B networking is managing the relationship between sales reps and client side decision makers
  • 11. Where does Business Meet? • Referral networking groups • Executive peer-to-peer coaching • Chamber of Commerce events • Networking groups – Open – Closed
  • 12. Electronic Networking • Facebook is the most important for B2C networking & marketing
  • 13. Electronic Networking • LinkedIn is most important for B2B networking & marketing – Facebook is gaining ground over the last two years…
  • 14. Electronic Networking • Number of active users on top 5 social media platforms 2 332 M users 4 284 M users 3 300 M users 5 70 M users 1st 1.35 B users 2014 Data
  • 15. Electronic Networking • Number of daily users on top 5 social media platforms 2014 Data 2 135 M (40%) users 1st 864 M (64%) users 4 66 M (22%) users 5 36 M (51%) users 3 100 M (35%) users
  • 16. Electronic Networking • Social Media Demographics
  • 17. Why are LinkedIn & Facebook Important? 50% of companies use Facebook to find talent 80% of companies use LinkedIn to find talent 74% of HR professionals actively use LinkedIn 93% of recruiters actively use LinkedIn to source new employees for client companies
  • 18. Translation: From Trons to People • Make connections meaningful – Quality, not quantity, is most important • Sharing information & media • Posts • Comment & respond • Groups
  • 19. Finding Networking Opportunities • Chambers of Commerce • Networking events – Networking Phoenix – Meetup – Network After Work – PBJ events – Referral 101 Network – Executives Network – Eventbrite
  • 20. In Closing… • Start the conversation • Make meaningful connections • Nurture your connections • Continue the conversation • Mutual support • Follow through • Make networking a priority Get up, get out, get going!