How to make a business network grow
Stumble It!A crowd draws a crowd but you need to be fit too
Albert Laszlo Barabasi in his excellent book "Linked - the New Science of Networks" lets us into a secret about how networks grow. Relatively new research has shown that most networks are not random, as previously thought, but "Scale Free" . New nodes in a scale free networks attach themselves to other nodes based on a "preferrential attachment rule" .
So the probability of a new member joining your network depends on the product of two factors known as the fitness connectivity product:
The number of existing members already linked into your network
multiplied by
The potential new member's assessment of the "fitness" of your network
Albert goes on to show that there are two network growth scenarios.
In Fit-get-rich there will be many winners.
These will be the fittest networks and each of the winners will have many more linked nodes than the losing networks (according to a Power Law).
in Winner-takes-all there will be only one winner - a single network which ends up with almost all the nodes linked to them.
Barabasi offers lots of examples of Fit-get-rich scenarios but says that the only real example of Winner-takes-all is Microsoft Windows!
Its also worth a visit to the books excellent companion web-site.
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Bioteams Books Reviews
The Networked Enterprise (TNE) book published
Knowledge-based SMEs and SMBs (small fish) need to read "The Networked Enterprise (TNE) - competing for the future through Virtual Enterprise Networks (VENs)" with its numerous real examples and proven techniques to find out how to use VENs to develop strategic partnerships with BIG FISH (large enterprises) to propel them to the next level of competitive success. BIG FISH must also use TNE to gain enhanced access to innovation, agility and alternative risk/reward and cost models by partnering with small fish via VENs.
Buy it now from:
Amazon.Com
Amazon.Co.UK
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