According to figures published by the Business Networking Organisation, only 3% of UK businesses have a defined networking strategy in place that is clearly understood by senior managers and HR personnel.
As a result, many HR professionals remain daunted by the networking process as a whole, lacking understanding as to how they can utilise the process to add real value to their organisations. A popular option is to take a scattergun approach to making new contacts and finding recruitment partners, which can often entail spending a great deal of time and money on social media and business networking, whilst often only generating lacklustre results.
For HR professionals in particular, with financial and human capital management interests across every department of their business, networking effectively can entail exerting a huge amount of time and money, but can also bring unparalleled rewards. Experts advise that those looking to network should spend 90% of their time with 10% of their wider network: essentially building fewer, yet stronger professional relationships.
Forming relationships with like-minded HR professionals within your business sector is another fantastic way to utilise networking to its fullest potential. Building a network of like-minded contacts could result in the gain of HR and legislative knowledge and updates, further insight into regional and national courses and events, and even the potential to form strategic business partnerships with non-competing businesses.
Many HR professionals find that attending industry events can be a fantastic way to gain knowledge, whilst simultaneously networking with like-minded industry experts. If you’ve recently been considering upgrading or investing in a new HR and payroll software system, it needn’t be complicated and time-consuming…join us for our FREE masterclass and find the perfect HR software solution for you and your business!
Our exclusive masterclass is designed to help you to fully evaluate your options and learn about the procurement process from end to end. For further information on this fantastic event, click here!