Abandon the idea that, in order to be a good networker, you must learn to approach strangers with a sales pitch that convinces the listener to introduce you to their boss or best clients in 3 minutes or less. While this “speed dating” strategy is featured in some professional associations where everyone has agreed to it before the meeting, it doesn’t work as well as other methods. In fact, studies show this kind of “cold call” networking works for only 1-2% of the people who try it outside of the pre-approved environment. The same studies indicate that even 80-90% of professional sales people fail at it.

The best results occur from networking structured as “permission marketing.” What is permission marketing? Amazon.com is an example. You invite Amazon.com (give them permission) to share book descriptions and recommendations with you. Over time, they show you more books, learning your preferences, and you develop trust for their recommendations. Eventually, you are likely to purchase 35-70% of the books they recommend without hesitation.

Good business networking results from a similar, mutually beneficial, informed relationship. For that relationship to bear fruit, the other person needs to:

• Know you in some detail to know how you are relevant to him/her and what you might need
• Understand your differentiation from others with similar titles
• Trust you – which is strengthened by repeated and frequent encounters over time

The most effective currency of exchange is business information in the form of leads, advice, trade articles, cutting-edge news, compliance updates, and editorials from industry thought leaders (whitepapers, blogs, etc…) Studies show a business contact is most interested in information that helps him/her to make money, save money, or be more efficient, in that order. Doing them a personal favor like finding sports tickets ranks a distant 4^th.

You need to offer to help someone 3-4 times before they are generally willing to offer anything they consider high value in exchange. Hence, giving is more effective than asking in a networking relationship. Quality of relationship is more important than quantity of contacts. A great first question by you to a new contact is “If I could help you find a solution or solve a problem, what would it be?”  You want to uncover VOC (voice of customer) as soon as possible in the relationship. The more distant the contact initially (a friend of a friend), the more nurturing will be required before they share back.

So treat networking like any other business strategy. Devise a carefully constructed “marketing plan” with stratified target audiences and messages or articles selected to provide maximum business or social impact with a particular audience. Track your results and test market new approaches. Don’t let networking be an accidental or infrequent event when you have nothing better to do. Like any other business investment, for it to deliver the most interest, networking needs to be carefully allocated and deposited well before you need to withdraw the assets.

Topics: branding + positioning, communications, getting ahead, hidden job market, networking, selling skills, solving problems, visibility | 1 Comment »

Most folks only think about their brand when they are updating their resume or marketing plan. Consider this. You are reinforcing your brand positively or negatively, consciously or unconsciously, 24 hours/day, 365 days/year.

If you want to be more memorable and influential in a sea of other executives, separate yourself from the pack at every opportunity:

1. Elevate the thoughtfulness, strategic depth, and currency of all your conversations. Talk more about the latest trends in your industry, and cutting edge technology. Show thought leadership.
2. Demonstrate your ability to sell ideas, build consensus, and grow business. This goes beyond showing you are a good networker and relationship builder. Your community needs to know how well you can influence key decision makers, facilitate across departments, get results, and create revenue.
3. Create opportunities to network with business peers on a deeper-level than possible in a typical monthly networking event or occasional networking lunch. Increase the percentage of people in your network with heavy business influence.
4. Upgrade the quality of your interpersonal interactions. A salesperson I know never ends a conversation without asking “what can I do for you today?” He stands out amongst the thousands of sales people I know because of the way he communicates it. He really does mean it. His customers and network know it.
5. Improve your LinkedIn profile and activities. It says volumes about you. Whether or not you have self-awareness about your value to employers, and can communicate and sell your ideas. Whether you are interested in helping others in the industry, or just want their contacts. Whether you are willing to read and comment on someone’s blog or discussion in a LI group in exchange for reading your sales pitch. I believe most LI profiles are doing more damage than good to their owners.
6. Update your clothing and hairstyle, look less generic. Be more hip. Have a professional quality picture in LinkedIn.  Free, generic business cards are out. Even your email signature matters.
7. Lastly, once you have turbo-charged your brand, create “buzz” and sustain it.

The key is to establish and maintain your brand in terms that are as relevant as possible to current business needs. Your brand needs be memorable and easily repeated by your fans. (Most elevator speeches are not.) Your pitch needs to have focus and a theme offering synergy amongst skills. Emphasize how you are different, not how you are similar. Highlight what is most in demand in the marketplace.

If you don’t groom and maintain your brand image, you may have no recognizable value to the community or a very muddled image that makes people avoid you for fear of a poor return on investment. Establishing a positive brand in the industry for future contingencies takes time and is crucial to long term stability and growth. It takes little time to damage a brand and forever to repair negatives.

Topics: branding + positioning, communications, getting ahead, leadership, networking, selling skills, technical skills, visibility | No Comments »

My apologies for stealing a bit of phrasing from Dr. Suess. Here is the point: Building your reputation as a SME (Subject Matter Expert) is one of the most effective strategies you could use to foster long-term career growth.

If you are a thought leader on a subject, you need to be creating instances where you can showcase your depth of strategy to others in your industry. Maybe it is a speech or board role at an association, a blog, whitepaper, newsletter article, or PowerPoint/Keynote presentation stored in your LinkedIn profile. Concentrate on 1-2 methods where you will be most comfortable and effective demonstrating a depth of understanding not possible in a resume or networking encounter over a beer and burger.

This is not just about job hunting. This is about entrenching knowledge of your credentials in the community over your long-term career. One of my Director-level coaching clients makes a point of writing a new article for a trade magazine every 6 months. She has received scores of phone calls from CEOs asking to meet her as a result of those articles. She has, with about 20 hours of writing, established herself as a high potential and in the top 10-15% of folks in sustainable energy nationwide.

Topics: branding + positioning, career strategy, networking | No Comments »

I have noticed that among the women execs I know there are “feminine” traits that sometimes get in the way of success in the corporate world. I value that women and men frequently process information and decision-making differently. The business world (and society) will benefit when 50% (or more) of the executives in the C-Suite and on the Board are female. The best answer for a company will always result from looking at a situation from many diverse perspectives.

However, if I look at the collection of women I know in executive roles, many of them have put up their own roadblocks to rising up the ranks even more quickly by expecting a higher standard of emotional synchronization in the office than most men require or know how to interact with. Several of these women have passed on $200+K jobs because the cultural fit wasn’t perfect, when a man would have taken on the same business challenge not caring if he was a very different style from the other people around. No culture is perfect. Focus on the question: “Can I make a this business better?”

It is true that a strong corporate woman is frequently called a “bitch” when a man using the same style might have been praised. Nevertheless, top management will promote the person who can “separate the wheat from the chaff“ and make the right business decision for the situation. Consideration of culture and feelings may be a luxury not affordable here.

Will you be called a bitch more often? Maybe. Probably! Once you have arrived in the C-Suite you won’t care so much.

Topics: branding + positioning, career strategy, solving problems | No Comments »

Consider that if you explain the value proposition of your ideas and strategies well enough, demonstrating the “obvious desirability” of strategies you understand well, you may be able to skip a title or two and move to a much more strategic role regardless of how much money you made last year or what your title was. I would stop thinking of yourself as having to progress through time and grade stages others are subject to and talk your ideas without stating last year’s pay level. Assess the value of your strategies on the open market. You may be able to increase responsibility dramatically with a hiring manager who has great need for your wisdom. Target the hiring managers and companies who have the greatest need for your expertise.

Think more like a consultant and less like an inside resource who is humble to more senior people who may know less about the particular startegy.

Topics: branding + positioning, career strategy | No Comments »