SBTM May 2015 Anthony Ford | Page 28

EDITORIAL FEATURE Business Networking Leadership Strategies                       By Gail Stolzenburg I n his famous book on business management, “First Things First”, Dr. Stephen Covey teaches about focusing on the most important action items first.  He does that with a demonstration in which a glass is filled with water, sand, gravel, and big rocks.  If you attempt to put the water, sand, and gravel in the glass first, there is no room for the big rocks.  If you put the big rocks in first, there is plenty of room for the gravel, sand, and water.  Most people would agree that the big rocks for success are business networking leadership strategies.   Everything else such as the to do list which is like the gravel, the challenges which are like the sand, and the personal activities which is like the water can fill in around the networking leadership strategies or actions. In networking leadership, like other areas of business, the knowledge is generally present but the biggest problem is the failure to implement.  You may have heard that it’s not about who you know, what you know, or who knows you; it is about what you know about them and what they know about you.  It is also about how you develop that information into a strategic alliance.  “A robust leadership network helps provide access to people, information, and resources,” says Curt Grayson, author of Leadership Networking: Connect, Collaborate, Create.  “It goes beyond knowing or linking to lots of different people.  It is about being able to use those connections wisely to solve problems and create opportunities.” Here are six key steps for your networking leadership success:  1.      Expand your network to include contacts who may never do business with you but when you develop a relationship with them are willing to make introductions for you and even refer business to you.   Meeting business owners with common target markets is important but it is equally important to have diversity in your business relationships.   2. Communicate regularly with your customers, collaborators, and referral sources.  The fortune is in the follow up.  If it has been six months since they have heard from you, they have forgotten about you.   Face-to-face is always best but time-consuming phone calls are great but most people play a lot of “phone tag” and only one out of 17 emails is read so what is becoming most effective is texting.  Rather than making every contact a sales call, use if to celebrate birthday