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It's
half an hour before an executive schmooze-fest at the MIT Sloan
School of Management, and Ken Morse is giving last-minute networking
tips to a crowd of MBA students and invited guests. As managing
director of the MIT Entrepreneurship Center, Morse teaches aspiring
business leaders the nuts and bolts of growing and sustaining a
business. His lecture on networking is one of the highlights of
the semester.
Networking
- or making professional contacts through friends, family, and other
associates - is the most popular way to find a new job, according
to a recent Salary.com poll. It is also an indispensable tool for
promoting and growing a business. You don't need an MBA to understand
how to network, but it doesn't hurt to listen in on what the MBAs
are learning.
Fluid
dynamics
 |
Cocktail
Calculus
At MIT networking sessions, students learn the basics: Arrive
early and study the nametags. Never stnd between a potential
contact and the bar. Try to position yourself under lights,
where you are more visible. Best bet: stand near the food, because
endorphin levels are highest when people are eating. |
Morse
often draws diagrams depicting how networkers should work their way
around a room full of potential contacts, using his blackboard in
the same way as a football coach would map out his players' strategy.
He
draws a big rectangle and marks the inside of the box with odd shapes
that represent the entrance, the nametag table, the bar, and the
food table.
"The
room is always a big rectangle," he says. "Your challenge is to
stand out from the clutter for the few people you need to meet."
Arrive
early, study the nametags, then make a short list of people to talk
to based on what you're trying to accomplish, Morse says. He points
to the nametag table. If appropriate, leave a note on the person's
nametag, written on the back of your business card. If you're hoping
to meet one person in particular, and you know what he or she looks
like, then wait outside if the weather is nice, which will give
you an advantage, he adds.
One
mistake some students make is to try to catch their targets at the
bar. "Don't nab somebody just before they go to the bar. That's
a nerd thing," Morse says. He puts a circle next to the bar and
makes an "X" nearby, showing the "X" trying to advance but being
blocked by the interfering circle. He puts a slash through the circle.
So
where should you network? Stand under some lights at a distance
from the bar, he says. "My favorite spot is by the food, because
people's endorphin level is higher when they're eating. This is
blood chemistry." He draws a circle near the hors d'oeuvres.
Students
should also work in teams. Morse paints a scenario: "You are talking
to the leader of a Latin American startup and you say to him, 'We've
got the smartest guy in my class who knows that space. I think I
can get you a couple of minutes talking to him.' You've done the
CEO and yourself a favor," he said. "You've positioned yourself
as a thought leader, you've helped the guy network, and you're strengthening
the Sloan network by introducing members of your team."
Meanwhile,
another teammate is by the door, next to the table where the nametags
are displayed. "From your knowledge of compressible fluid flow you
know it's not hard to suck somebody in" through the door and around
the nametag table into a conversation, he says. You then deploy
"piggyback strategies" to trade places with your teammate and increase
coverage of the event.
Trade
show trajectories
At trade shows, don't be one of the "polyester literature collectors,"
those who stop at all the booths and pick up whatever people are
handing out.
Think
like a polished, professional entrepreneur who is there to meet
other serious players; not like someone attending the conference
or show on a boondoggle. Your strategy probably means "no booth,
no suite, no shrimp"; you will make your impact in other ways.
Talk
to the speakers, not the literature collectors, and be early for
interesting sessions. Speakers are often the most interesting people
at a conference or trade show - but are much easier to talk to before
their presentation, not as the crowds descend after the thought-provoking
talk. The amount of time in advance of their talk that speakers
arrive at a conference is "the square of the distance between their
office and the event." Since the speaker may be there at least a
day early, you may be able to get to the speaker well ahead of the
talk, Morse says.
Morse
gives the the class strategies to keep contacts hanging around long
after the last cheese ball has been eaten and the piano player has
gone home. To increase your impact, withhold business cards until
the end of the conversation, he says.
When
companies pay for employees to go to conferences and events, the
attendees usually have to write a report - and the further they
fly, the more positive the report must be to justify the expense,
Morse says. The managers "will attach what they get from you to
the report. Make them stay and wait for it."
You
will usually know in advance whether you'd be willing to miss the
last plane for someone terrific.
And
remember, "a person's name, to that person, is the sweetest and
most important sound in any language."
Networking
tips from MIT
- Arrive
early and study the nametags.
- Make
a short list of people you want to talk to.
- Write
a note on the back of your business card and leave it on the person's
nametag.
- If
you're hoping to meet one person in particular, and you know what
the person looks like, wait outside if the weather is nice, where
you have an advantage.
- Smile
at the people you talk to and remember their names.
- Encourage
other people to talk about themselves.
- Go
get somebody a drink.
- Introduce
people as though they were the most important people in the world.
- Present
your business card at the end of the conversation.
- Johanna Schlegel, Editor-in-Chief
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