Digitization has influenced the company on three levels.

1st level
Digitization completely changes traditional strategic thinking.

2nd level
When a digital element becomes part of a service, the perception of the value of the consumer changes.

3rd level
Digital distribution affects the role of actors of the value network. When new entrepreneurs enter the market, if all of the old companies cannot cope with the challenges posed by these changes, the control of traditional businesses is questioned.


The following 5 questions are important, if you do not think the digitalisation is not important. 

1.      WHAT IS VALUABLE TO YOUR END CUSTOMER?
Along with intensifying competition, the key issue is to identify valuable products and service components for the target group and build sustainable business around them.

2.      HOW CAN YOU DELIVER VALUE TO YOUR CUSTOMERS IN THE MOST EFFICIENT WAY POSSIBLE?
Digitization enabled a whole new way to distribute services and products. And the majority of the value the final customer perceives is available only from a specific small part of the company's products.

3.      HOW CAN YOU DEVELOP YOUR KEY PARTNERSHIPS?
Companies can not handle the whole value creation process by themselves. The more efficient the collaboration among stakeholders, the greater the participation of the participants.

4.      HOW CAN YOU MAKE THE VALUE CREATION PROCESS MORE EFFICIENT?
With digital tools, companies can strengthen internal operations at different levels. Typical examples include digitization of financial management and project management, but analysis and measurement activities, management of external work in partnership etc. can be implemented in a completely new way.

5.      HOW DO WE RETAIN OUR ABILITY TO REACT QUICKLY TO CHANGES?
The change is constant in the corporate world. Digitization to accelerate this change is progressing and the precondition for success in this environment is that every company can change the company's thought patterns, offerings, value promises according to market demand is.

To check past colleagues and friends who are in different fields, or who are working in different companies, and have not spent a lot of time.

2, Add the opportunity to make a network to your schedule. Networking is never urgent, it is the activity that is cut off at the beginning when you are busy with work. But you can prioritize by placing it on your schedule.

3, Ask for recommendations.
If you want to diversify your professional relationship, ask people who are outliers in your network to be recommend people who they think you should meet with.

4, Don’t look for immediate returns. It may be less conclusive than spending time with someone in your industry. But you have to play a long game.People, including you, may change career, and that connection may help.

The biggest reason to build professionally diverse networks is to satisfy personal curiosity and develop ourselves as a person.

The main purpose of the business network is to tell others about your business, hopefully get your business understood and turn it into a customer.

Benefits of Business Networking
If we have good business networking, we will have following benefits.

1, New contact and introduction

The most obvious advantage of networking is meeting a potential client.

Networking also helps to identify opportunities for new extension areas for partnerships, joint ventures, or for your business.   

2, Visibility

In order to maintain business relationship, it is necessary to meet regularly with potential customers and business partners and to communicate.

3, Staying current 

In a constantly changing business environment, it is important to keep up with the target market situation and industry trends.

4, Problem solving  

In addition to the possibility to develop your business, you can often find solutions on your own business problems and needs by networking.

5, Share knowledge and experience 

Networking is ideal for expanding knowledge by taking advantage of the viewpoints and experiences of others.

Utilizing the experience of others before investing time and money on a particular venture is very valuable.

6, Confidence and morale 

Most companies are optimistic and positive, and regularly associating with such people will increase the morale, especially in the early stages of new business difficulties.

You can increase your confidence by regularly meeting new people and personally you may have new friendship with like-minded people.

The purpose of business networking is to increase the revenue of business.

  As in the case of developing relationships with new customers or acquiring new business skills, the bloating of revenue will become immediately apparent as in the case of development over time.   

Network the Old-Fashioned Way
Social media platforms are excellent ways to communicate with customers and business associates. However, they are not a substitute for meeting people directly. Many local businesses are still done on a handshake basis, and the best way to connect with other local business owners and entrepreneurs is through business group.

Business Networking Groups
The best business networking group will act as an exchange of business information, ideas, support.
The most important skill of effective business networking is to listen. Focusing on how you can help is a first step in building mutually beneficial relationships.