Essay: What is the role of Professional Networks in business
A professional network refers to a social network which aims to build relations of a business nature and focuses entirely on interactions for the purpose of doing business rather than personal or non business connections. A professional network is designed for building and maintaining business contacts through a web of people connected to each other, individually or through other support systems. These contacts and links can be made using different web portals and types of networks such as LAN, WAN or MAN.
The networking activity has become the need of the time. With increasing globalization, rapid innovation and swiftness in the advancements of technology, one definitely needs to connect to others (customers, competitors, shareholders, employers, etc) through the professional networking services or platforms.