Networking Opportunities for Gymology: Formal and Informal

BSBTW4301 | AT4 Networking report template
AT4 Part B
Networking Report / Open Day
In relation to Gymology, identify four networking opportunities, considering the
objective of an open day. Include both formal and informal.
No. Formal or informal? Description of networking opportunity
1 Informal Conferences: It is the networking opportunity wherein
opinions as well as thoughts are exchanged or shared more
informally and readily. With this, Gymology is able to learn
new abilities while meeting with other professionals at other
places. For a person or representative of organisation,
talking to strangers without being awkward is way easier at
conferences so to interact with other professionals with the
aim of forming connections, seeking advice along with
developing healthy relationships.
2 Informal Informational interviews: It is organisation specific
networking opportunity that benefits the company and its
people. With this, Gymology has opportunity to learn more
about the company as potential clients so to make
connections.
3 Formal Mixers: The networking opportunity involve casual events in
variety of setting that comprises professional from distinct
background. In case with Gymology, the networking
opportunity helps in meeting with people that the company
may not have otherwise met.
4 Formal Roundtable events: The networking opportunity of
roundtable is beneficial for people and companies that are
looking to advance their knowledge through communication
with peers. In case with Gymology, the opportunity
contributes in creating ideas along with encouraging people
to share valuable knowledge with others. It provides with
new ideas while making new connections in meantime.
Describe the benefits of establishing both formal and informal networks.
Benefits of formal networks Benefits of informal networks
 Formal networking is about sharing
which forms trust that strengthens
business connections.
 Formal network is effective source
of getting fresh ideas and
perspectives about any situation or
event.
 Foster greater performances,
efficiency addition to innovation.
 Informal networking has powerful
positive influence on job satisfaction
and productivity.
 It assists in attaining business goals
through compensating formal
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