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How to Assess and Improve Your Professional Network: Part 2

Manager ToolsJune 11, 202518 min
21 connections·34 entities in this video→

Assessing Your Network's Strength

  • πŸ“Š Radar charts are used to visualize network relationships, with separate stars for quantity and quality.
  • πŸ“‰ Scores closer to the center of the chart (representing zero) indicate lower network strength.
  • ⚠️ A score below five is considered low, while five and above is high.

Understanding Network Outcomes

  • πŸ“‰ Low quality and low quantity is the worst outcome, meaning you know few people and don't know them well.
  • πŸ‘₯ High quantity, low quality indicates knowing many people but not interacting regularly.
  • πŸ‘Œ High quality, low quantity means having strong relationships with a few individuals.
  • ⭐ High quantity and high quality is the ideal outcome, knowing many people well.

Strategies for Network Improvement

  • 🎯 Focus on improving internal or external contacts based on your chart's lowest scores.
  • 🚧 Avoid staying in your comfort zone; seek connections outside your immediate circle (e.g., different professional groups or hobbies).
  • πŸ—“οΈ Prioritize improving network dimensions that align with upcoming opportunities, like company-wide meetings.

Enhancing Relationship Quality

  • 🀝 It's easier to improve the quality of existing relationships than to build new ones, similar to customer retention.
  • πŸ“ž Plan to connect with individuals with low-quality relationships through emails, calls, or in-person meetings.
  • ❀️ Focus on discussing topics that matter to the other person to strengthen the connection.

Expanding Network Quantity

  • πŸš€ After improving quality, focus on adding new people to reach a target of ten connections per dimension.
  • πŸ’‘ Ask existing contacts for recommendations or introductions to new people.
  • πŸ“š Explore interest-based groups like book clubs, Toastmasters, or Rotary to meet new individuals.
  • πŸ—£οΈ People often enjoy giving advice, making it an easy way to initiate meaningful interactions.

Maintaining Network Health

  • πŸ”„ Regularly measure your network (quarterly recommended) to track progress and prevent stagnation due to entropy.
  • πŸ—“οΈ Utilize holidays and celebrations as natural reasons to reach out to contacts you haven't spoken to in a while.
  • πŸ’ͺ Network building can be learned and improved through deliberate effort, even if it doesn't come naturally.
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What’s Discussed

Network AssessmentRelationship QualityNetwork QuantityRadar ChartsProfessional DevelopmentNetworking StrategiesRelationship BuildingGoal SettingEntropyMeaningful Interaction
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