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How can you develop a support network to stay resilient in your business strategy career?

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Business strategy is a challenging and rewarding career that requires constant learning, creativity, and problem-solving. However, it can also be stressful, demanding, and uncertain, especially in times of change and disruption. How can you cope with the pressures and setbacks that come with your role and maintain your motivation, performance, and well-being? One of the most effective ways is to develop a support network that can help you stay resilient in your business strategy career. In this article, we will explore what a support network is, why it is important, and how you can build and nurture one.

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Amit Thakur

Business Success Director - LiaisonIT | Building the startup eco-system | Business Growth
Antonio Miranda

Managing Director | Executive MBA | Global Leader Driving Business Growth, Transformation and Innovation | Lifelong…
Arpit Apoorva

?? Startup and Business Consulting ?? Insights on Emerging Technology

1 What is a support network?

A support network is a group of people who provide you with emotional, practical, and professional assistance in your career journey. They can be your colleagues, mentors, coaches, peers, friends, family, or anyone else who understands your goals, challenges, and values. A support network can offer you different types of support, such as feedback, advice, encouragement, inspiration, collaboration, referrals, or opportunities. A support network can also help you cope with stress, frustration, disappointment, or burnout by listening, empathizing, validating, or cheering you up.

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Amit Thakur

Business Success Director - LiaisonIT | Building the startup eco-system | Business Growth
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Build resilience in your business strategy career by cultivating a diverse support network of mentors, peers, and industry professionals who provide guidance, share insights, and offer different perspectives during challenging times.

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Emin Huseynov

Senior Business Analyst | Agile, Business Analysis, MBA
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Building and maintaining a diverse support network ensures you have access to a wide range of resources, advice, and emotional support, all of which are crucial for a fulfilling and successful career journey. Regularly ask for feedback on your current and future goals. This shows your commitment to continuous improvement and your willingness to adapt to meet the expectations of your role and the company.

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2 Why is a support network important?

A support network is essential for enhancing resilience, which is an important skill for business strategists to possess in order to adapt and overcome obstacles. It can boost your confidence and self-efficacy by reminding you of your strengths, achievements, and potential. Furthermore, it can expand your perspective and learning by exposing you to different ideas, insights, and experiences. Additionally, a support network can increase your motivation and engagement by inspiring you to pursue your goals and passions. Lastly, it can improve your well-being and happiness by providing social connection, belonging, and meaning.

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Antonio Miranda

Managing Director | Executive MBA | Global Leader Driving Business Growth, Transformation and Innovation | Lifelong Learner
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I remember a pivotal moment amidst unexpected challenges in a transformative organizational initiative, mentors and professional connections provided invaluable guidance and diverse perspectives that shaped innovative solutions. This exchange not only enhanced resilience but broadened our outlook, bolstered confidence during moments of doubt, reinforcing past achievements and belief in our potential to navigate complexities. The diverse viewpoints within the network served as a catalyst for learning, fostering an environment where exposure to different ideas and experiences became a cornerstone of adaptive strategy. It contributed also to personal well-being, providing social connections and a sense of belonging during challenging times.

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Amit Pail

Business & Financial Data Analyst @ IRANI CORP (FACTORY 54) | BA in Economics and Business
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Building a strong network makes you 10X more valuable to any team. Having a close reach to more disciplines, knowledge and tools would boost any team you're a part of.

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3 How can you build a support network?

Constructing a support network is not something that can be done in a day. It requires intention, effort, and time. To build a support network for your business strategy career, first reflect on what kind of support you need and want. Consider your strengths and weaknesses, challenges and opportunities, short-term and long-term goals, values, and interests. After getting an idea of what type of people you want to connect with, look for them using channels such as your existing network, organization, professional associations, alumni groups, online communities, events, or social media. You can also ask for introductions or referrals from people you already know and trust. Once you identify potential supporters, reach out to them and create a rapport by sending them a message or email. Invite them to a coffee chat or video call to learn more about their background, work, goals, and challenges. Share your own story with them to show your genuine curiosity and appreciation. To maintain contact with them follow up regularly by checking in and staying in touch. Offer your support or feedback to show reciprocity and generosity.

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Jayda M.

Entrepreneur | Consultant | Program Analyst
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Be authentic and follow relationships. Your best work is done in networking with others, so long as you're giving more than you're taking. The business owner that can admit they don't know what they're talking about, and then lean in closely to listen, is a force to be reckoned with.

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4 How can you nurture a support network?

Building a support network is only the first step in creating a strong and lasting connection. To nurture your support network for your business strategy career, be proactive and responsive. Initiate contact, ask for help, seek feedback, or request opportunities; also, reply to messages, emails, or calls promptly. Respect the time, privacy, and boundaries of your supporters, and be trustworthy and keep your promises. Show your support and appreciation for them by demonstrating empathy, compassion, and encouragement. Acknowledge their contributions, efforts, and achievements with gratitude and recognition. Be flexible and adaptable to different needs, preferences, and styles of communication. And accept that your support network may change over time as people come and go; be open to new opportunities and connections.

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5 How can you leverage a support network?

A support network can provide more than just support; it can also be a resource of opportunities and growth. Leveraging your support network to advance your business strategy career can involve seeking feedback and advice, exploring opportunities and collaborations, sharing ideas and insights, and developing skills and competencies. Receiving feedback from your network can help you improve your work quality, efficiency, or impact. Exploring new opportunities can help you achieve goals or expand your network. Sharing ideas and insights can broaden your perspective or spark creativity. Developing skills and competencies with guidance, coaching, or mentoring can help you learn new skills, knowledge, or methods.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Arpit Apoorva

?? Startup and Business Consulting ?? Insights on Emerging Technology
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Building a support network is crucial for resilience in a business strategy career. Cultivate relationships with mentors, industry peers, and professional groups. Actively engage in networking events, both online and offline, to broaden your connections. Seek diverse perspectives and learn from others' experiences. Participate in forums, conferences, and communities related to business strategy. Establishing a supportive ecosystem provides valuable insights, mentorship, and a sounding board for challenges. Additionally, consider joining professional associations or leadership development programs.

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How can you develop a support network to stay resilient in your business strategy career?

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1 What is a support network?

2 Why is a support network important?

3 How can you build a support network?

4 How can you nurture a support network?

5 How can you leverage a support network?

6 Here’s what else to consider

Business Strategy

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How can you develop a support network to stay resilient in your business strategy career?

1

2

3

4

5

6

1 What is a support network?

2 Why is a support network important?

3 How can you build a support network?

4 How can you nurture a support network?

5 How can you leverage a support network?

6 Here’s what else to consider

Business Strategy

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