Speed networking or speed business meeting is a meeting format designed to accelerate business contacts. Speed networking basically involves participants gathering together to exchange information. During an interaction, participants share their professional backgrounds and business goals. Speed networking is often referenced as a derivative of speed dating ,  the round-robin approach to meeting potential suitors first developed by Rabbi Yaacov Deyo in the late s. Speed networking combines speed dating with business networking. Credit for applying speed dating concepts to the corporate world has been attributed to Tom Jaffee, a founder of a speed-dating network. Although the techniques for speed dating and speed networking can be similar — participants paired or grouped together for the purpose of introduction — the practices differ in their end goals. Speed daters are trying to narrow down their choices by eliminating the unsuitable; conversely, speed networkers are trying to broaden their connections by increasing their exposure.
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NEW YORK — Businesses are stealing a page from the modern dating handbook by playing host to “speed networking” events in which professionals move methodically from one business prospect to the next, getting acquainted for just a few minutes at a time. It is the corporate equivalent of speed dating, a practice invented in the late s by a rabbi hoping to fix up Jewish singles, and which has since spread.
Some speed networking events use the same round-robin approach as speed dating, so the participants meet random people in an orderly way. For this more advanced type of speed networking, those attending the event fill out profiles detailing their job description, title and industry, and specifying the types of people they would like to meet. For example, attendees may hope to meet new suppliers or customers or service providers, like payroll or legal professionals.
The profiles and requests are then matched up electronically, and a personalized list is generated for each participant. At the speed networking event, numbered stations are set up around the room, with attendees chatting successively with each person on their list at the assigned station, typically for five to eight minutes each. In this way, attendees meet a wide selection of people. Staffing Industry Analysts of Los Altos, an organizer of conferences and trade shows, has included speed networking in some of its programs for two years.
Barry Asin, its executive vice president and chief analyst, said that the company had tried a variety of ways to get people together at such events. But with speed networking, there’s always an incredible buzz in the room. People are excited and full of energy.
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