Navigating the World of Strategic Networking in Organizations

Title:

Contents

Introduction ............................................................................................................................................. 2

Assessment 1 ........................................................................................................................................... 3

Assessment 2 ........................................................................................................................................... 6

Assessment 3 ........................................................................................................................................... 8

Assessment 4 ......................................................................................................................................... 12

Assessment 5 ......................................................................................................................................... 13

Assessment 6 ......................................................................................................................................... 15

References ............................................................................................. Error! Bookmark not defined.

Introduction

This assignment aims at examining the various aspects of building and managing strategic networks

in organisations. For an organisation and individual to excel, building strategic networks are as

important as building a strategic plan. This assignment is divided into different tasks wherein the

researcher will be examining different scenarios and aim at determining the importance of strategic

networks. According to Colgan (2014), Network or Networking is a property which is also defines as

a supportive system of sharing information and services among individuals and groups having a

common interest and strategic networking is a part of networking with a defined goal and a strategy to

achieve to that goal.

Assessment 1

To understand the establishment and maintenance of this type of networking and the importance of

this networking, there is an example, i.e. “New South Wales Business Chamber” (NSWBC) which is

one of the largest business support organization in Australia (Munro et al, 2004).

1. Benefits of Personal and Organizational Level

Networking

Before continuing the descriptive discussion about this there is a question arises, the questions are –

What the personal level networking is and what the organizational level networking is and also what

their individual purposes are of networking at personal and organizational level are.

The benefits of personal networking are numerous and the characteristic of this networking is shifting.

Its imperative property are obviously verbalized the vision of human being always (Gregg, 2010).

Adjust the systems administration strategies to the methodology. The advantages of personal

networking are awesome, and if oversaw accurately, they make an interpretation of straightforwardly

into the feasible business and individual achievement and development (US Navy seeks to maintain

supremacy, 2014).

The benefits at organizational level of networking are knowledge management, contingency plan,

teamwork etc. As opposed to numerous operators working autonomously on the same issue (confined

effect), these systems can possibly accomplish framework wide effect by setting up foundation

(Apostolou, 2015). Another benefit is building up connections, which can have various positive

results for little organizations.

2. Networking purpose and benefits of joining the

network of NSWBC

NSW Business Chamber is non-revenue driven association. The reason of existence NSWBC is to

bolster the development and achievement of the business group. NSW Business Chamber gives a

scope to support the administrations for little, medium and extensive organizations, for example, HR,

IR, OHS and finance (TrainingZone.co.uk, 2013). The stakeholders of the company are the creditors,

employees, government, directors, owners and the community from which the business draws its

resources.

NSW Business Chamber is the state's crest business support to the association, devoted to helping part

organizations of all sizes to develop and prosper. Through their master exhortation and business

arrangements, they can help to turn out the business more beneficial, focused and profitable (Schreier,

2010).

3. Effectiveness of Strategic Networking in diversified

Organizational Condition of NSWBC

The diverse background including people with cultural differences, different age groups and gender

arises in the NSWBC organization creates conflicts and difficult situation (Moore et al, 2013). But

diversity serves a number of functions which are control the conflict situations and make it to positive

side of organization. Diversity builds the viable decision accessible to the recipients of open

administrations, at the individual and the aggregate level (Roni and Beechie, 2013). The general

population administration economy is better ready to adjust to changing circumstances when there is

more noteworthy institutional diversity. Various types of administration suppliers with distinctive

foundations convey alternate points of view to the test of conveying better and more practical open

administrations (Colgan, 2014). For those reasons such conflict situations does not arise cause of

diversity.

4. Effectiveness of Communication Channels in order to

exchange strategic information

To exchange strategic information for the benefits of network members of NSWBC introduces

effective communication channels (Roni and Beechie, 2013)). It consists of face to face interaction,

by using broadcast media, through mobile, through electronics medium and by hand written. Through

face to face communication both speaker and listener present physically, so it helps to deliberate

emotions perfectly. By using broadcast media it is easy to communicate with a mass audience (Roni

and Beechie, 2013). For any personal communication mobile is used. Through electronics medium

like email, Internet, intranet and social media platforms one-on-one, group or mass any

communication can create.

Assessment 2

1. Explanation of possible networks can be chosen

As per the research study on NSWBC of Australia there are several strategic network services

provided by the company and the best strategic networking service to Mr. John Smith who has joined

the IT Company as an information technology manager will be “expert advice and business solutions”

because he is badly needed a kick start of his career at the position of information technology manager

in the company (Nswbusinesschamber.com.au, 2015). Mr. Smith can enjoy benefits at both personal

level and organizational level after choosing the strategic networking service.

Mr. Smith can get the enrollment arrangements by getting skill guidance on the enlistment of right

individuals to utilize as an IT architect. This system can give a specialist answer for him on the

administration of the IT-related understudies and recently utilized learners (Moore et al, 2013). The

best individual level advantage joining the "expert advice and business arrangements" is in light of the

system and arranging identified with IT administration. This master system can organize instruction

and preparing for Mr. Smith for his own; improvement in the organization. The best advantage which

the system can give is on business engine vehicle guidance (Schreier, 2010).

2. Justification of the chosen network

Mr. John Smith has taken the responsibility of new innovations and the emergence of new

technologies that can have a positive impact of the growth of business of the company. He has to lead

the technical group of the company to develop IT-enabled products and services.

Mr. Smith should follow the network of NSWBC’s expert advice and business solution for his

personal benefit in his area of working (Munro et al, 2004). Through which he can learn new things to

improve his thinking about the job he has to do. This business solution site gives a strategy and

planning for the managing life cycle. The experts give their valuable opinion through this medium

which can help Mr. Smith for his further progress. This network also helps by giving training through

the network (Roni and Beechie, 2013). For any legal advice Australian advocates are always ready to

help him through this network.

3. Benefits of the network at organizational and personal

level

Mr. John Smith can get help at both organizational level and personal level from the network ‘expert

advice and business solutions’ of NSWBC. These benefits are going to be discussed in the following

way:

Benefits of joining network at organizational

level

He can get the recruitment solutions by getting

expertise advice on the recruitment of right people

to employ as IT engineer. This network can give

an expert solution to him on the management of

the IT based apprentices and newly employed

trainees (Nswbusinesschamber.com.au, 2015).

Benefits of joining network at personal level The best personal level benefit joining the “expert

advice and business solutions” is based on the

strategy and planning related to IT management.

This expert network has the ability to arrange

education and training for Mr. Smith for his

personal; development in the company

(Nswbusinesschamber.com.au, 2015). The best

benefit which the network can provide is on

business motor vehicle advice.

4. Discussion

Assessment 3

This task assesses important links with key stakeholders of the company.

Part A

1. Strategies of NSW Business Chamber to maintain and

expand network

NSWBC should adopt the strategies and step forward depending on the strategic networks. There is

basically one strategic network – business-to-business connections which should be taken into

consideration for maintenance and further expansion (Brown et al, 2007). The business of NSWBC is

getting the opportunity to be around the world. Selecting the right off shoring or close shoring

approach can bring basic prizes. The ability to develop and scale the B2B stage into new topographies

is imperative to any globalization method and underneath is 5 zones to consider when setting up a

B2B foot molded impression in another country (Hellman, 2005).

The capabilities of the local infrastructure should be increased. The requirements of local customs and

government agencies also should be met by the company. The requirements of local B2B standards

should be maintained in a balanced way. The requirement for local language support is also necessary

for the company. This always develops the communication skill and reduces the communication gap

(Brown et al, 2007). The resources that you required to be should be present in the framework of the

company at the required level.

2. Explanation of strategies to develop and maintain

strong working relationship among network members

NSWBC plays a critical role to develop and maintain strong working relationship amongst network

members. There are basically five strategies used by NSWBC, like, business to business connection,

avocation for business, avoidance of fines and reduction of risk level, improvement of productivity

and expansion of profitability, and provision of business support in local, regional and statewide

(Roni and Beechie, 2013). NSWBC have a large collection of membership packages to collect all

business types and sizes. They connect with others through events for a developed relationship and

gain recognition for excellence through Business Awards. They access with legal advice to gain HR

support. Also they manage the relationship with their employees and stay up to date with safety at

workplace (Apostolou, 2015). With improving the business environment they recruit the right people

for right work. Through marketing they raise their public and financial profile of business. They also

support business from all sectors and get them together.

3. Importance of establishing new network links between

key internal and external stakeholders

Internal Stakeholders are the people who live inside the organization as board individuals, officials,

administrators, workers, and exchange unions and who take advantage specifically from their

commitments to the development of the organization (Roni and Beechie, 2013). The external

stakeholder is a party, for example, a client, supplier, or loan specialist that impacts and is affected by

an association yet is not an individual from it. Therefore, it is important to create a good network

between external and internal stakeholders. The administration needs the business to pay expenses,

utilize more individuals, take after laws, and honestly report its money related conditions

(Nswbusinesschamber.com.au, 2015). Clients need the business to deliver quality items at sensible

costs. Suppliers need the business to keep on purchasing their items. Lenders need to be reimbursed

on time and in full. The group has a stake in the business as workers of neighborhood individuals. In

this way a good networking system is generated among the external and internal stakeholders.

4. Procedure to establish strong relationship between

network members

Individuals who have the closest companion at work are seven times more inclined to be occupied

with their occupations. Furthermore, it doesn't need to be the closest companion: NSWBC found that

individuals who just had a decent companion in the work environment are more inclined to be

fulfilled (Apostolou, 2015). A good relationship among network members creates with improving the

skill level of the members. Each member has to know about their need because without realizing his

needs they cannot feel others need. People at organization have to know the perfect timings to contact

with other members (Roni and Beechie, 2013). Emotional intelligence is a vital property for the

members to understand each other’s condition of doing work. These are the basics through which a

good relationship can build up among the members.

Part B

1)

2)

a) The strategies that Roger can use to convince the director are:

• He can prepare a report about the benefits that this

conference will be providing him and the company.

• He can prepare a presentation on how the conference will

help him manage large contracts and maximise the performance of his team.

b) An email from Roger to Director to Operations is as follows:

Dear Sir

This is to inform you that I would like to fix a small meeting with you on 8/09/2015 at 11 am in order

to discuss about upcoming 5-day conference in Sydney. In this meeting, my primary focus will be on

discussing the benefits of the conference for our business. For this, I have also developed a report and

a presentation for better clarity. Kindly provide your approval for the meeting.

Yours Sincerely

Roger

NSW Sales Manager

4)

a) The 5-day conference in Sydney will be highly beneficial for the NSW as Roger can know about

various new techniques to maximise the productivity. Also, he can know about the techniques usually

adopted by experts in the industry which can be a return on investment for the company. The 5-day

conferences will groom Roger and polish his management skills.

b) The different networks that Roger can develop at the conference include personal, operational and

strategic networks. He can meet various like-minded professionals at conference who can be a source

of motivation for him.

Assessment 4

This task examines a scenario based on manufacturing industry and determines the key stakeholders

to discuss the developments in tax by government.

1. The three stakeholders that the employee will be

consulting will include suppliers, employees and investors. These are the key stakeholders

who will be largely impacted by the increased company tax and environmental tax. (Moore,

2013) The increased labour cost will be putting a financial pressure on the company due to

which the management will have to invest more in the organisation in order to hire labour.

2. In order to interact with stakeholders, John can conduct

meetings wherein all the stakeholders are present. The meeting will enable all the

stakeholders to discuss the developments and effectively build strategies to cope up with it.

Face-to-face interaction with stakeholders is crucial so that each one of them can be updated

about the developments.

3. John will be building few strategies that he will be using

to interact and consult with stakeholders. Foremost, labour cost management is complex so

management of staff is crucial. Secondly, the company can plan to incorporate time and

labour technology to cut the requirement of physical labour.

4. There may be instances where staff can hear information

which is not correct and may lead to misunderstanding. Hence, in that case, John should

conduct regular meetings with staff in order to provide them accurate information about

company and environmental tax.

5. John can utilise formal and informal strategies to

communicate with employees. The formal methods can include conducting discussions with

subordinates by conducting work meetings. On the other hand, the informal strategies can

include emailing the staff about developments or sharing on social media pages of the

company.

Assessment 5

This assessment conducts the ability to research and demonstrate the understanding, benefits and

issues related to strategic networks.

1) The purpose of UNESCO Institute of Lifelong Learning is

to see that all forms of education, formal or informal are recognised and values across world.

They aim at addressing to the demands and helping to meet the challenges of humanity

(www.uil.unesco.org).

2)

Networks Objectives of Network

Inter-agency Advisory Group on RVA and

NQF

It aims at strengthening the discussion among

lead agencies on recognition, validation and

accreditation.

EUR-Alpha Network

It aims at providing access to quality

education to everyone.

Adult Learning Documentation and

Information Network (ALADIN)

It establishes networking and capacity

building between documentation centres and

libraries in the area of adult and literacy.

3)

4) The benefits of professional personal networking include

it is a way to acquire business leads, it can help to get a new job, it also helped in getting

many personal opportunities and a person is able to get well-versed with business trends.

Networks Key Stakeholders

Inter-agency Advisory Group on RVA and NQF

Practitioners, learners, researchers, policy-makers

EUR-Alpha Network

Practitioners, learners, researchers, policy-makers

Adult Learning Documentation and Information

Network (ALADIN)

Researchers, practitioners, policy-makers

5) There can be several risks posed by professional

networking. These networking risks are harm to personal data and harassment. While

networking, it may be possible that someone uses your personal information illegally which

impacts the reputation.

6) In order resolve conflicts and encourage effective

communication, conducting frequent meetings with the three networks described above is

critical. Since there might be people belonging to different caste, creed and background so

face to face interactions can make the purpose very clear and eliminating the chances of any

misinterpretation. Also, any new information should be posted on the company website,

emailed to the participants/stakeholders, newsletters should also be printed.

7) As far as ALADIN is concerned, it is one of the successful

networks of UNESCO Institute of Lifelong Learning. The benchmarks set by this network

include:

• Setting up of 99 documentation centres in 48 countries in

all regions of the world

• Well-developed, defined and lasting follow-up initiative of

CONFINTEA V

8) The methods to communicate with all network members in

different countries are:

• Holding virtual meetings

• Emailing the information to all network members

• Updating the information on company’s website or any

internal portal

• Publishing company newsletters once in a month

Assessment 6

This task establishes the understanding, skills and knowledge to build strategic relationships.

1) In Australia, the environmental impact of operations of

organisations has come under strict scrutiny of government. All organisations in Australia are

not required to follow any regulation about the impact of organisations operations on

environment but some organisations voluntarily provide reports.

2) Ten relevant and key legislations, regulations and policies

3) Public

4) The formal mode of communication is when the

communication is done through interchange of information through pre-defined

communication channels. Informal communication is when the communication is made

through any channel. Three formal communication modes that can be used include

conducting meetings, developing reports and conducting seminars. Three informal

communication modes include emailing, posting on social media pages of the company and

exchanging information over the phone.

5) In case of networking meeting with public, all necessary

arrangements related to health, work and safety regulations must be made. The location of

meeting has to be guarded by security staff to ensure no unauthorised enters the premises.

Also, it has to be ensured there is necessary arrangement of refreshments for public.

6) Besides public, when inviting internal stakeholders for

networking meeting, similar arrangements like public meeting have to be required. It has to

be ensured only employees can enter the meeting area and no one is allowed without id-card.

There has to be proper arrangement of refreshment for employees.

7) Local

8) The principles of conflict resolution are:

• The hidden goals and beliefs must be uncovered.

• The facts should be effectively determined.

• It is crucial to be sensitive to other’s position.

• It is crucial to state other’s arguments and demands.

9) In a networking environment, people from different

backgrounds should be given equal opportunities. It is important to have equal opportunity,

diversity and equity in a networking environment to build a positive work culture. The

positive culture, hence, helps to increase the performance of the employees significantly.

10) The need for public sector protocol is to communicate all

the developments and information to stakeholders.

11) The difference between difference between local, national

and international public sector protocols is ………………