Establish and Maintain Strategic Networks

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Establish and MaintainStrategic Networks
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3TASK 2..........................................................................................................................................11Part A....................................................................................................................................11Aim –...................................................................................................................................11Objective-............................................................................................................................11Overview of proposed strategic networks-..........................................................................12Benefits for self/employee and staff member-....................................................................12Benefits for organizations-...................................................................................................12Perceived strategics value of public organization-..............................................................12Key stakeholder-..................................................................................................................13Communication methods and strategies-.............................................................................13Working in public organization as Victoria-........................................................................14Key legal policy requirements for OHS-..............................................................................14Part c.....................................................................................................................................16CONCLUSION..............................................................................................................................16REFERENCES..............................................................................................................................17
INTRODUCTIONStrategic networking is a process in which plan an effective strategy is planned fordeveloping a for strong network between organizations and stakeholders. It is requiredthatforeach and every organization to manage personal growth, knowledge and business developmentprocess. Strategy approach helps in creating own integrated network towards the businessservices and their specific objectives.This assignment will discuss about the strategic network that is applicable in public andprivate sector respectively. This sector will focus on internal and external stakeholders and alsodescribe different type of network, benefits for organizations, legal requirement, individualstakeholders and various communication methods etc. Further, In task 2, it will describe thenetworks and their specific startegies.TASK 1Determine different network in public and private sectors-Public and private networks are both important concept which is useful for organizationto manage the business operations and functions in proper ways. Network strategy is applicablein organization and also add value to their services and product. Public and private sector isplanning an effective strategy for business process to create values in their product and services.In private organization, It can be achieving their goals and objectives so that they have addedsome specific values into their account (Dashti, Schwartz, and Pines 2018). The creation of valueexpress in different ways for making an effective continuity in private organizations. In publicsector, Public organization always think about the innovation and competitions. Thisorganization will aware about the position in society.Business network is a complex network for public and private sector and work togetherto achieve their goals and objective. The network involves formal, informal network, e-networks,circulation list and virtual communities etc. Public and private sector used different networkdescribe as followings:Networking strategies-Network strategies are important factor in organization to communicatewith the other companies in efficient ways. Network strategy provide complete vision of dataand information, telephony infrastructure and security etc. It ensures that the network is supportthe business process and manage entire enterprises activities.
Types of private networkThere are variety of public network describe in followings:Formal network-Formal network is the best communication network which consists ofcentralized and decentralized channel. Public and private organization using formal network tocommunicate with client in meetings (Gualini,2017). Formal network is applicable in industry,which usually involves orders, tenders, letter and enquiries. Private organization allowfollowing formal policy, terms and their conditions.Circulation lists- circulation list is communication network in organization and it can becreated in any number of list while circulation list can be printed and attached in the form ofhard-copy. Public and private organisation uses this communication channel to provideinformation to their customer and clients.Email-Email is the best communication network in private sector because most of themessages transmitting with the help of electronic mail. It is very fast technique for sharingimportant files from one device to another. Many private companies are used email technologybecause it provides security and privacy.Features :Safe and secure.High speeduser friendlyLikely stakeholders and their profilesInternal stakeholder-Internal stakeholders are those people who are already committedto connect with the private organization such as staff member, broad member, volunteersand donors. Internal stakeholder involves former staff, former board members, other etc.'External stakeholder-External stakeholder are those people who impacted by work suchas clients, community partner, other (Kiel, Arnold and Voigt, 2017). It is playingimportant role in organization to get perspectives of both the groups. External stakeholderinvolves leaders of private sectors, groups of member in organizations.
Benefits of the network to individual stakeholdersThere are some important benefits for network of individual network discuss infollowings:Networking is a great approach which helps for individual stakeholder for sharing newidea and opinion towards the organizations.Ii helps for individual stakeholder for expanding their knowledge and allow seeing thingsin different aspects.Benefits of the network to organizations in private sector-Private organization uses various network to connect with clients, stakeholder etc.Communication is required for each and every organization for interacting with the stakeholderto provide information regarding business development process and their project. Stakeholderanalysis situation of business process. Private organization uses different network such ascirculation list and informal network. Circulation list is applicable in private organization toprovide informations in the form of specific format and circulate information in eachdepartments.Communication method used private organizations-Private organization using different communication method which helps for sharinginformations from one place to another.Verbal communication method-verbal communication is based on mouth to speak the word.This is the best medium to communicate with another person and this message is oral.Discussion forum is also part of verbal communication method. In meeting, All employees arecommunicated and discussed on particular topic and project.Written communication method- written communication is also based on chat and groupmessaging or chat room etc. This is based on written to send message form one place to anotherwith the help of email, letter and different applications tools.Code of conduct and legal requirementsof private sector-Private sector is planning and developing new project which required for organization to useexisting legal rules and regulations to manage social environment of country.There are different type of policies and requirements describe in followings:
To protect the consumer against abuse-Public sector provide an effective infrastructureand utility. Monopoly abuse arise when it can be increased efficient supplier to provide theservices to customer like water utility.To protect investors-private investor and community based firm are needed to knowabout the business product and their services such asWhat are the prices that is charge in the customers and provide the best quality ofservices.The services standards meet all the criteria which provide the services to customers.License is exclusive or not.To monitor performance of services provider and also reduce the asymmetryinformation-Government always monitoring to organization and also passed some efficient lawfor managing the business operations and functions.Types of public network-Informal network-Informal network is communication to their friends and colleagues,This network based on informal ways. This communication networking is usually runs generalways and conversation in phones, face to face and light hearted email etc. Informal method orprocess is utilised on the regular basis to break the barriers.Bulletin Board-A bulletin board communication network is an essential for organizationto share messages and other files using network, Many bulletin board found in different areassuch as kitchen wall and work places (Jung, Song and Feiock,2017).Mailing list-Mailing list is list of customer who subscribe the periodic mailingdistribution. Mailing list includes email address of customer, postal address etc. Mailing list isprovided the forum for exchanging informations of organization, discussion of specific issuesimplement which required for organization to build network and service provider.Features:reliableefficient networkuser friendly
Internal and external stakeholder in public sectorPublic organization connect with the stakeholder that social business has impact on theconnection such as clients, supporter, customers, beneficiaries etc. The relationship with thestakeholder plays importance relations to finance and funding.For All the organizations, network are important discuss as followings:A supportive network with stakeholder will enable to provide the best quality of productand services in marketplace.Networks helpful for providing the work opportunities to their people and network allowto customer attract towards the product and services.Benefits of the network to individual in public sector-Networks helps for individual such as staff member, employee etc. They are useddifferent network to communicate with one person to another. Employee are using differentnetwork for purpose of communication such as email, face to face, telephone etc. These areimportant network which helps for organisation to share the important data and information.Email is the best medium to send or share information form one device to another. It is easier foremployee to share files to clients with the help of electronic mail (Wallace, James andWarkentin, 2017). Mailing list is communication network and public organization using networkfor sharing information by advertisement on the internet.Benefits for organization in public sector-Strategics values are important for public organization to increase their standardization inmarketplace. Public organization serve different services for human , social community etc. italways maintains their services effectively and efficiently. It ensures that stakeholder maintaintheir standardization and have access to their standard work.
Identifying and listed key stakeholders for each network typeStakeholder analysis the technique to determine the importance of people, group andinstitutions which influence towards the success and project activity.Illustration1: modules of stakeholder(Source: different module of stakeholder, 2017)
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