Networking is the process of making personal and professional connections. There are no straight lines in networking. Think of networking as relationship building and maintaining. You are reaching out to people you already know, to get introduced to people they know, to help you.
Networking is the preferred way employers hire. It is cheaper than posting a job online, and the employer receives higher quality job candidates. The US Department of Labor estimates that 70% of jobs are filled by social and professional networks.
Traditional networking is defined as formal networking functions. Examples may include:
- Career fairs
- Formalized networking events
- Community events
These formal networking events are organized as an opportunity to meet new connections and potentially find a position.