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Speed networking is particularly useful "when many organisations are gathering at large events." Speed mentoring sessions are typically "a series of short, focused conversations about specific questions.You will meet with a limited number of mentees in 10-minute time slots each.A typical station-based speed networking event may yield 7 to 10 contacts during an hour-long event.In the Group-based model, participants are assigned to a sequence of tables.To facilitate movement of participants, the chairs in the room are often organized in two circles or facing rows of desks.The host opens the first round of meetings, usually with a bell or buzzer.
Then either the inner or outer circle participants – or the front or back line of desks – moves to the next space.Time at the table varies based on how the event organiser coordinate the event but usually lasts five to 15 minutes. Many organizations use speed networking to structure events: alumni associations, chambers of commerce, business associations, universities and trade shows.Events that benefit from speed networking include: membership drives, networking events, mentoring programs, career fairs, team building exercises and vendor pairings.Networkers are generally seeking exposure to new markets and/or expanding their pool of vendors.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.
The two participants in each meeting introduce themselves, briefly summarizing their business histories and goals.