Establishing Effective Network

Networking is the art of making and the benefits of a relationship. The goal of networking to create collection of organizations and information that can improve quality of the products or services directly, reducing the loss of customers, and most importantly, leave your competition wondering how you won a job they never knew.

Give and get information

Networking is a two-way street. When you meet someone, you want to ask them about their business and tell them about your business. Start with the basics – name, company, affiliation, place, nature of business, etc. Next you want to find out whether you can benefit each other. Try covering these topics:

  • What does your company do?
  • Types of clients do you serve?
  • Who makes the buying decision within the company for each service and / or your product?
  • What sets you apart from your competitors?

Evaluate

Looking for people who are truly interested in helping others solve problems, without any conditions. In other words, do not think of yourself as a networker but as a problem solver, and look for similar traits in the person you are considering adding to your private network.

Form that strategic

A network is not collection of business cards, but a collection of people. Take the time to understand their existing business in your network. If you have chosen members wisely, this will be fun. And make sure that you educate them completely about what you do and with whom you do it. Each renewal and encouragement to each other. Surely you are one another into the sales force.

Maintenance

Along with your contact base grows, you need to reevaluate all the people who are in the circle of your information. Practice effective time management skills and prioritize your contacts. You will most often relate to them the most can be useful for you. They will be in your circle.

Investment strategy

A variety of both positive and negative events will ultimately impact on the level of investment returns earned by investors.

A comparison between an objective measurement tool, available on the market and can be accessed by investors is the index. Let us discuss more about the index in terms of investment.

  • Knowing Index

In the world of capital and financial markets we know the term stock price index, although the index is not monopolized by the stock market but also used in many other markets such as the bond market and the Forex market. It is actually not surprising since the first index used in finance and capital markets are the stock price index.

Index is a statistical indicator that shows the size change of a particular object. Stock price index will give an idea of the size of price changes in the stock market in a given period. An idea of how big the bond market moves up or down can also be obtained by observing the size of the change in bond price index figures.

If we know that the Corporate Bond Total Return Index set at number 100 on January 4, 2010 and we know the index numbers in the date of December 23, 2011 located at 123.2311, then we will know that Indonesia has the corporate bond market yield (return ) for investors of 23.23 percent during the period.

  • Evaluation of Reference Investment

So, from the explanation above can be concluded that the index of the world’s capital markets and finance is an indicator of changes that give an idea of what had happened the market.

Thus we can answer the critical questions posed at the beginning of this paper. Armed with the index, which is an objective measure as a reference or comparison of investment returns that have been obtained, it will be success or failure of an investment strategy can be measured objectively.

How manage the employee

According to Kevin Dwyer, founder of Change Factory – a change management consulting firm to the performance of employees / staff you need to manage technology and entertainment. The first case was dropped “performance standard”. These are minimum standards that a person cannot be achieved. Non-employees / employees who reach this standard cannot participate without consultation. Standards of performance include such things as the level of personal safety and the team (team & personal safety), honesty and level of participation. Standards of performance should also include measures that directly with an employee as an individual (individual work role) and also the purpose of the organization (organizational goal). Minimum standards of performance I should be set for the parameters as the project is completed, the rate of sales, cost or quality. Through the renunciation of the staff set the parameters as above, just the same as the people / they know that their responsibility to come to work, does not compromise the safety of self or colleagues, and not steal.

The second technique in relation to the above, that the objectives set for their staff / employees. Agreed with this target for the same parameters or further explanation of the parameters that have been designated as a standard power top. Targets are based on actual competence or skills of employees expected set. For example, a sales trainee is not expected to generate revenue as senior sales. But as she also hoped to sell. If they cannot do that, then they should consider another profession.

The third technique is to provide feedback and coaching to improve performance. Feedback should be direct, when hit already defined standards or targets are not achieved. The feedback should be specific and must be in a language to communicate that matches the receiver feedback. Coaching among others by asking questions, with independent data and highlights the weakness / lack of staff with clarity. The employee may also be asked to honestly evaluate their own performance and compare it with the level of performance that they want to achieve, be. In addition, coaching should produce a commitment of employees / staff on matters that are ready for changes to support, which they attributed the change, and long-term, need to do to make these changes.

Many people struggle to learn how to provide feedback and coaching, if managers are to them. However, technology alone is not enough.


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