If "networking" is defined as you attending a networking event to potentially find new clients, it can often be difficult, time-consuming, expensive, and fruitless. Perhaps you attend the wrong event and meet no prospects and you spend hundreds if not thousands of dollars with zero return on investment. That isn't sustainable or an effective use of your time.
As more organizations here in North America and overseas increasingly utilize third party vendors with a global presence to perform critical functions, process key transactions and provide exposure to sensitive proprietary information, those organizations with mature third party risk (TPR) programs are receiving a loud call to provide assistance to those new to the TPR field.
Hearing the words "I need you to attend this networking event tonight on our behalf" can trigger a series of extreme reactions in an otherwise rational person. The range of discomfort can vary from apathy and weariness to aversion, distress and even a rising tidal wave of nausea, at the thought of forced social interaction.
In June I had the privilege of attending the White House's historic United State of Women Summit and it was impossible not to be inspired for the future of women in business and beyond. Seeing the great Dina Powell of Goldman Sachs moderating a conversation with Warren Buffet in front of thousands of the most-accomplished and ambitious businesswomen in America and countless more tuning in remotely was as humbling as it was reassuring.