The No. 1 Predictor Of Career Success According To Network Science

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Jul 20, 2023

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The No. 1 Predictor Of Career Success According To Network Science

In today's interconnected world, networking plays a crucial role in determining one's career success. According to multiple, peer-reviewed studies, simply being in an open network instead of a closed one is the best predictor of career success. But what does it mean to have an open network and why is it so important?

An open network is one that allows for connections and interactions with a diverse range of individuals and groups. It is characterized by having connections that span different industries, professions, and social circles. On the other hand, a closed network is limited to a tight-knit group of individuals who share similar backgrounds and interests.

So, why does an open network hold the key to career success? One reason is that it provides individuals with a more accurate view of the world. By being exposed to diverse perspectives and ideas, people in open networks are able to pull information from diverse clusters, which helps to cancel out errors and biases. This broader understanding of the world allows them to make better-informed decisions and predictions.

Research by Philip Tetlock further supports the idea that open networks lead to better outcomes. His studies show that people with open networks are better forecasters than those with closed networks. This ability to serve as a translator or connector between different groups is a valuable skill in today's complex and interconnected world. By bridging the gap between two people or organizations who wouldn't normally run into each other, individuals with open networks can create value and facilitate collaboration.

But how does one cultivate an open network? The top-performing studies have found that having references that are 90% conventional and 10% atypical is the optimal balance. This means pulling from other fields and incorporating diverse perspectives into one's network. By actively seeking out connections and interactions with people from different industries or backgrounds, individuals can more easily create atypical combinations and generate innovative ideas.

Creativity, as Steve Jobs famously said, is just connecting things. When we have a broader understanding of the human experience and are exposed to different perspectives, we are better able to connect the dots and come up with innovative solutions. This underscores the importance of maintaining an open network and continuously seeking out new connections.

So, how can you leverage the power of an open network to boost your career success? Here are three actionable pieces of advice:

  1. Embrace diversity: Actively seek out connections and interactions with people who have different backgrounds, perspectives, and expertise. Attend networking events, join professional organizations, and engage in online communities to expand your network.

  2. Be a connector: Look for opportunities to connect people within your network who could benefit from each other's expertise or resources. By serving as an intermediary, you can create value and build strong relationships with others.

  3. Foster curiosity: Cultivate a mindset of curiosity and a willingness to explore new fields and industries. Seek out opportunities to learn from others and be open to unconventional ideas. The broader your knowledge and understanding, the more you can connect and innovate.

In conclusion, network science has shown us that having an open network is the number one predictor of career success. By embracing diversity, being a connector, and fostering curiosity, you can leverage the power of networking to propel your career forward. As Steve Jobs wisely said, you can't connect the dots looking forward, but by building an open network, you can trust that the dots will somehow connect in your future. So, go forth, expand your network, and let the power of connections guide you towards a successful and fulfilling career.

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