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Business networking is the practice of building relationships with individuals and businesses for professional purposes. [1] It involves the strategic exchange of information and resources to create connections that can be mutually beneficial. [2] Business networking can be conducted in person, online, or through a combination of both.
Netocracy was a term invented by the editorial board of the American technology magazine Wired in the early 1990s. A portmanteau of Internet and aristocracy, netocracy refers to a perceived global upper-class that bases its power on a technological advantage and networking skills, in comparison to what is portrayed as a bourgeoisie of a gradually diminishing importance.
The Chief Networking Officer centrally manages the business networks' environment. Their responsibility is to solve conflicts in ways that serve mutual best interests. The CNO is a direct contact, although not primary, and should be able to assume the management of any partnership with any stakeholders during primary network manager absence.
A professional network service is used by working individuals, job-seekers, and businesses to establish and maintain professional contacts, [2] to find work or hire employees, share professional achievements, sell or promote services, and stay up-to-date with industry news and trends. According to LinkedIn managing director Clifford Rosenberg ...
A smart business network is defined as a group of participating companies (nodes) that are linked together by one or many communication networks (links). The companies have compatible goals and interact in innovative ways. A smart business network is perceived by each company as increasing its own value and is sustainable as a network over time ...
Personal networking is the practice of developing and maintaining a personal network, which is usually undertaken over an extended period. The concept is related to business networking and is often encouraged by large organizations , in the hope of improving productivity , and so a number of tools exist to support the maintenance of networks.
A social network is made up of a set of individuals (or organizations) and the links among them. For example, each individual may be treated as a node, and each connection due to friendship or other relationship is treated as a link. Links may be weighted by the content or frequency of interactions or the overall strength of the relationship.
Network of practice (often abbreviated as NoP) is a concept originated by John Seely Brown and Paul Duguid. [1] This concept, related to the work on communities of practice by Jean Lave and Etienne Wenger, [2] refers to the overall set of various types of informal, emergent social networks that facilitate information exchange between individuals with practice-related goals.