Preview

Why Network Matters Case Study

Good Essays
Open Document
Open Document
743 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Why Network Matters Case Study
Why Network Matters: The development and maintenance of business networks is a challenge face by every organization doing business. Commonly doing business is sel-dom a one-time event and instead can be seen as a huge net of relationships and the re-spective interdependencies. Scholars doing research on business networks, have found several common or different types of characteristics, as well as created several defini-tions for them:
"A business network is generic and includes both smart and not-so-smart business networks.” (Vervest et al., 2004).
"A business network is far more than the business itself. As we have seen, it incor-porates suppliers, customers, third-party developers, distributors, and others. These outsiders must have a reason to support your network and remain active in it" (Word, 2009).
"A business network is owned by the business enterprise, where the scope of the network is to support the informational and operational requirements of the busi-ness such as marketing, sales, accounting, and manufacturing departments" (Lewis, 2001)
…show more content…
Additionally, relationships and networks that extend across country boarders become more and more important as well.
1.1 Aim of the paper
The general aim of this paper is to discuss the topic “Why Networks Matter”. Therefore business networks are firstly described in order to develop comprehensive views about them. A main focus is put on the notion of relevance of them. Additionally, the interna-tional aspects of business networks are researched and good critically analysis is de-ployed. Through this, the author transfers the common knowledge about business net-works into his personal view about why networks matter and tries to answer the ques-tions why networks matter.
1.2

You May Also Find These Documents Helpful

  • Powerful Essays

    Sawhney, Mohanbir and Deval Parikh (2001), “ Where Value Lives in a Networked World,” Harvard Business Review, 79 (1), 79-86.…

    • 4772 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

    INF22O WEEK 3 assignment

    • 787 Words
    • 2 Pages

    Select a business that you believe has a good communication network. Examine its network design and explain why you think the network is effective and efficient. Recommend a better network design which can support the decisions and operations of the business if there is any.…

    • 787 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    unit 2 assignment

    • 15807 Words
    • 77 Pages

    Identify the classifications of networks and how they are applied to various types of enterprises.…

    • 15807 Words
    • 77 Pages
    Satisfactory Essays
  • Powerful Essays

    Systems Case Study

    • 2150 Words
    • 13 Pages

    network was chosen as it is a large complex system with key elements which relies on…

    • 2150 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    554 Infrastructure

    • 3120 Words
    • 13 Pages

    Wienclaw, R. A. (2009). Networks in business Networks in Business -- Research Starters Business, 1-5.…

    • 3120 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    Heidi’s ability to persuade others and align people is crucial to the success of her rainmaker network. She mentions herself that reciprocity, consistency and performance are far more important than the frequency of interactions in maintaining her network. Those three philosophical pillars of Heidi’s networking strategy work together to establish credibility for her through her expertise and in her relationships…

    • 2114 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Establish Networks

    • 928 Words
    • 4 Pages

    Networking is about connecting and engaging with people. it can be done formally or informally and is vital for effective career management. it is an excellent way to gain information, which will enable you to identify appropriate opportunities, and to target positions and organisations where you will be able to grow professionally. Also, some of your network contacts can, at times, act as a mentor to you in an informal (or formal) mentor relationship.…

    • 928 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Social networks : A social network is a social structure composed of individuals or organizations which are connected by one or more specific types of interdependency, such as friendship, kinship, financial exchange, sexual relationships, or relationships of beliefs, knowledge or prestige. Social networks operate on many levels from families up to the level of nations and play a critical role in determining the way problems are solved, organizations are run, and the degree to which individuals succeed in achieving their goals. Social network analysis makes no assumption that groups are the building…

    • 1067 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    W IN N W K I R O R U U H O YO O AL .…

    • 292 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Memisevic said,“ When networking the number one thing is to think about what the win-win is. How can your company benefit the other party? You must be creative with your thinking, don’t think it’s always about…

    • 615 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    ——— and Martin Gargiulo (1999), “Where Do Interorganizational Networks Come From?” American Journal of Sociology,…

    • 11761 Words
    • 48 Pages
    Powerful Essays
  • Better Essays

    What exactly is networking? The Merriam-Webster dictionary website defines it as, the exchange of information or services among individuals, groups, or institution; specifically : the cultivation of productive relationships for employment of business.…

    • 1231 Words
    • 5 Pages
    Better Essays
  • Good Essays

    My network assessment revealed that I have a medium size, medium density network of colleagues. This provides me with both closure and brokerage opportunities. Because my network is minuscule and dense, the avenues to access innovative ideas, resources, and opportunities are abundant. Having a high level of trust and confidence in the individuals in my network provides me with an opportunity to execute plans between people in my network and myself. Because of the strong ties and positive nature within my network, the likelihood of meeting goals and receiving favorable outcomes with potential opportunities and networking possibilities. Unfortunately, the downside to being involved in such a dense network is that it can adversely affect my leadership…

    • 657 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    network can be a strategic asset. We suggest that network effects are a function of network…

    • 6127 Words
    • 29 Pages
    Powerful Essays
  • Satisfactory Essays

    ;lmlm;k.

    • 380 Words
    • 2 Pages

    THILMANY, J. (2013) states that social networks are failing due to the managers lacking the proper knowledge to collaborate with other people outside the business. If you can’t lead then we need professional people that can speak up to promote the business and its products. When promoting a professional business through networking you will use many types of methods to network with others.…

    • 380 Words
    • 2 Pages
    Satisfactory Essays