What is a strategic Network - Participation in Networks - Management Assignment Help

Assignment Task:

Task:

Written Questions
1. What is a strategic Network?
Please do some research and explain in 2-3 sentences what are strategic networks
2. In order to establish strategic network connections, the value and likely outcomes from participation in networks should be identified. What are the personal and organisational benefits to be gained from strategic networking? (Explain any 4 benefits of networking in your own words)

Individual Benefits ((Explain any 2 benefits)
1. Shared Knowledge
Explain how networking improves your knowledge
2. Opportunities
Explain how networking can provide you with opportunities
3. Connections
Explain how networking can improve your connections
4. Increased confidence
Explain how networking can enhance your confidence
5. Raising your profile
Explain how networking can raise your profile

• Organisational Benefits (Explain any 2 benefits)
• Developing businesses
• Explain how networking can help your business Improving Industry Knowledge
• Explain how networking can help your business to improve its organisational knowledge Identification of opportunities
• Explain how networking can provide opportunities for your business Collaborating with other businesses
• Explain how networking can help your business in collaborating with other businesses

3. Think about the strategic networks you may belong to now, have belonged to in the past , or would like to belong. Choose two of these, one informal, and one formal, and describe the scope of the network and the value in belonging to this network. Consider the members of the network and the pros and cons in terms of value.
? You have to think about two networks of which you were a part or want to be a part of it and talk about that network.
? Formal - A formal network can be anything from a office network to networks in the industry, explain with one example how these helped you
? Informal – An informal network can be anything from a friends to families to social media groups in explain with one example how these helped you
? Scope of the network -: Reach of this network, what people are there in this network, online or constrained to a geography etc.
? Value in belonging to this network -: What value do you get?
? Pros and cons of being a part of this network

4. What methods can be used to research and assess the value of strategic networks?

The Value of Strategic networks can be researched and assessed by (Please write down any 4 points)
? the quality of the people who form the network,
? the sort of understanding they share with each other,
? how often they share their ideas with each other
? what sort of relationship they share with each other.
? conducting Skill Assessment tests,
? using competency standards,
? using performance criteria,
? using observation checklist
? using job simulations.

5. Outline strategies and methods that can be used to maintain and expand strategic networks. (Give any 5 strategies)
? Attending networking events or trade shows.
? Join a professional or trade organisation.
? Pursue volunteering opportunities.
? Attend networking events.
? Contact Career Services office.
? Join Social Networking sites.
? Join or start a job club.
? Conduct Informal Interviews.

? Contact formal co-workers, Vendors, customers/ clients.

6. In implementing a value network approach what is meant by ‘relationship management’. Please define relationship management in your own words
7. Outline strategies and methods that can be used to establish new network links to key internal and external stakeholders. (Give any 4 strategies)
? Using the right communication channels
? Addressing any misunderstandings/conflicts
? Enhancing communication with stakeholders
? Take time to listen to others.
? Put yourself in other person’s shoes or be empathetic
? Respect each other.
? Separate emotions from reality.
? Learn about other person’s culture.
? Organise a party or a get together.

8. Identify the characteristics of a strong working network relationship. How are strong working relationships developed and maintained among network members.
Characteristics of a strong network (Give any 3 characteristic of a strong network, present in a point form or in a paragraph form or in a table form or also explain a bit more about the 3 selected point)
? Members work together to achieve their common objective.
? There is respect and mutual trust between the members.
? Members reinforce and support one another.
? Members honour their commitments to the network.
? Members share the same value.
? The network has a clear purpose.
? Members have a shared vision and common objectives.
? The network’s actions are relevant to its mission and objectives.
A strong working relationship can be developed by building a good work relationship which
requires: (Give any 3 strategies to build a strong network, present in a point form or in a
paragraph form or in a table form or also explain a bit more about the 3 selected point)
? Building trust, respect, self-awareness,
? Inclusion and open communication among the team members.
? Good Communication amongst the team members
? Good Supply chain management
? Maintaining healthy relations with the network
? Employers supporting their employees.
? Achieving desired outcomes and celebrating them together.

9. Outline a range of communication channels that can be used to access strategic networks and maintain contact with networks. (Give any 4 communication channels)
The following communication channels can be used to access strategic networks and maintain contact with networks:
? Face to Face Meetings
? Having Conferences after some time
? Sending emails to each other
? Attending workshops or Seminars
? Organising Business Dinners
? Having Regular catch ups / Phone calls
? Joining a professional group
? Organising Business Travels

10. Outline the principles of interpersonal, group and inter-agency communication as they relate to the differing public and business sectors. (Explain any 4 from the following)

The principles of interpersonal, group and inter – agency communication are:

1)We Cannot NOT Communicate
It is impossible not to communicate. We communicate every day in our lives. Even silence or not speaking or striking a pose is still considered communication. So, there is no way not to communicate. 

2) Interpersonal Communication is Irreversible 
When you communicate to someone you cannot turn back time and reverse what you said. Once you said something to person you cannot take it back. So just be aware of what you say because you cannot go back in a time machine and change it.

3) Interpersonal Communication involves Ethical Choices 
What we say could have both a positive and negative reaction. In regards to ethics we have to be careful not to tip the balance between right or wrong. If you say something that you know is wrong.well don't say it because are words can have consequences. 

4) People Construct Meanings in Interpersonal Communication 
When we speak or communication there are connotations and symbols within our words. When we communicate we have the intent to convey an emotion or information. More so, people really pay to attention to what people are saying and how the message is packaged and delivered. 

5) Metacommunication Effects Meanings
Metacommunication is simply defined as "about communication. In a nutshell metacommunication describes how people communicate about someone else's communication. An example, can be talking to a person who is very sad and distraught and you ask them did some go wrong in their live?

6) Interpersonal Communication Develops and Sustains Relationships  As in my first paragraph interpersonal communication is critical in building networks of relationships in our lives. Without interpersonal communication we would not have friendships, partnerships, relationships etc.

This Management Assignment has been solved by our Management Experts at onlineassignmentbank. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment Experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.