Working together to support business |
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| Management - Features | |
| Wednesday, 20 December 2006 | |
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Business networking can result in improved individual and organisational productivity as well as significant savings of cost and time. The key to this success is the adoption of effective communication techniques. The new term for this is 'collaboration' and it works best using the latest technology. Roger Woods explains. Collaboration should not be thought of as software or a piece of technology alone, it is an activity or process that inherently involves people. Technology can only facilitate collaboration by supporting collaborative exchanges in their many forms and capturing and repurposing the valuable information generated by people's interaction.
The target marketAround the world there are many business clubs which act as networks for the benefit of their members. Clubs such as these and, in fact, any closed business communities, are ideal users of collaborative networks offering a self-managed, low-cost business support system.In any club where the members are normal business organisations and other members exist to sell products and services to those members, if the engagement between them is not effective then the real opportunity of networking has been lost. The fact is that most business clubs do not have the personnel resources or technology platforms to manage the growing demands of their members. The result is often a large number of networking meetings with guest speakers offering a wide range of different business opportunities, advice, products and services not focused on members' specific needs. Research shows this only confuses the members. In the UK, organisations such as Chambers of Commerce often let members select what applies to their business from an array of offerings. This technique spreads the net wide and does not focus on individual needs. Without advanced technology, they are limited to a people-based support system that is uneconomical and inefficient. The latest networking technology enables every member to define precisely what they need so the organisation can tailor help by connecting them with the correct member adviser. The process benefits the business club, its members and its advisers. Perhaps even more important is the fact that growth is based upon technology managing member needs, meaning it is not dependent upon people or stunted by resources and costs. The technology means the business club can structure its membership into ordinary members, accredited professional advisers (APAs) and approved service providers (ASPs). The APAs and ASPs pay an annual subscription to the business club for the right to support the needs of the ordinary members through the portal. The system is customised to the business club's house style. Specialist organisations manage such portals for the business club on a shared income basis. Chambers of Commerce currently enjoy a membership that equates to around ten per cent of the business community. Working together with other networks significantly assists recruitment, retention and support of membership. This gives a chamber the potential to gain revenue from the service and also enhance its membership options, which generates more revenue from membership fees and other added-value services, as well as allowing further penetration into the business market for specific services. The APAs and the ASPs can also benefit from using the technology within their own businesses for non-business club clients. These clients benefit directly from the network and the APAs receive commissions for recruitment of members. This builds membership for both the Chamber of Commerce and the partner organisation. While networking organisations must provide some leadership for their own brand, it is more effective to support existing business communities, which will directly generate the opportunity for alternative networking from those organisations that do not wish to be members of the chamber. This same type of model works well for any corporate organisation with a large client base either in the UK or internationally and, once established, can become a new and effective way of managing business. Network functionalityWith the latest online networking technology, specific advice, support and training can be accessed from anywhere in the world. Advice is based on a two-way communication strategy where the user organisation completes survey and self-diagnostic programmes to produce a blueprint of their organisation so advisers can understand their business and provide effective advice.
SecurityA secure repository where company data is stored is a vital component of a network and should be customisable by the administrator. If relevant, the organisation can use a simple case-management system with which to store all interaction with its members. This data can be accessed by advisers through secure permission-based access rights.With the best systems, at no time is email used to communicate sensitive business information. All access to data stored within the repository is accessed by secure permission-based access rights. BiographyRoger Woods is the MD of BusinessFirst Network.Comments (0)
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