Building Business Networks – A Strategy for Enterprise Shaping
By Johnson Manyakara Enterprise shaping in an organisation is amongst any board’s primary responsibilities. Aristotle once said, “We are what we repeatedly do”. Weaving the building of effective business networks into the fabric of an organisation – turning it into “the way we do business around here” for the Board, Senior Management and for a critical mass of staff at all levels is imperative for Board Leadership. Most Boards focus on investments, market competitiveness, talent quality positioning, enterprise risk management positioning, etc. in shaping their enterprises without due regard to making the building of business networks an area of strategic focus. Two key questions can be asked:- What are the strategic benefits of business networking? Just how are effective business networks built? Strategic Benefits of Business Networking Friendship Friendship plays a pivotal role in enterprise shaping. Good friends can become a bedrock for life, ideas and even for business. You