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Bsbrel401A Establish Networks

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Bsbrel401A Establish Networks
P Assessment Activity Part 1

P Assessment Activity Part 1

1.
a. What is “networking”?

Networking is anything that involves meeting, communicating and connecting with others, so that you may share knowledge, skills and practices for the benefit of everyone concerned.

Networking could be attending a specific Networking event such as BNI, connecting with people in your same industry or area of interest, meeting people, having coffee with new people, attending conferences and seminars in your area of interest, speaking at an event, attending trainings, etc.

Networking doesn’t just have to be face to face, it can be using Facebook, LinkedIn, or your own web or blogging site.

b. How can it benefit your business?

* Bring you a regular supply of new business * Improve your self-confidence and self-esteem * Learn new ideas, industry tips, trends and information * Meet new friends and/or gain a support system/network * Develop leadership skills * Raise your personal and business profile

2. List five (5) organisations/groups that could provide networking opportunities for your business. Describe the benefits of each.

4Networking – Online networking plus breakfast meetings, several groups around Sydney, being a member allows you to attend any breakfast meeting, anywhere. You get 40 seconds to make your ‘elevator pitch’, 5 minutes to book your ‘1-2-1’ meetings, then there is a ‘4Sight’ slot which is an insight into a members industry, which is followed by 3 x 10 minute ‘1-2-1’ meetings. Membership is $795 per annum.

Sydney Biz Connection – Meets at a restaurant quarterly in the evening, 10-15 minute presentation by a member, speed networking, can continue discussions over drinks after the main event.

BNI – BNI is perhaps the largest networking group in the world, with 150,000 members in 6,200 chapters in 53 countries. BNI meetings are held weekly, and all members are expected to attend every meeting, or send a

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