In recent discussions, Sanjay Beri, the CEO of Netskope, emphasized the importance of networking for job-seeking Gen Z individuals, particularly in the context of rising unemployment rates among this demographic. He noted that many job opportunities are not publicly advertised, making personal connections crucial for success in the job market. Beri suggested that young job seekers, especially those without significant personal commitments, should engage in networking activities two to three times a week. This could include attending local events, university talks, or simply not dining alone, as he believes that every meal can be an opportunity to connect with others.
Beri's advice comes at a time when many Gen Z individuals are struggling to find employment, with a significant portion classified as NEETs (Not in Education, Employment, or Training). The job market has become increasingly competitive, with a staggering number of applications submitted for a limited number of roles. For instance, in the U.K., over 1.2 million applications were made for fewer than 17,000 graduate positions last year. This oversaturation of applications, often filtered by AI, makes it difficult for candidates to stand out, which is where networking can play a pivotal role.
The CEO's philosophy is rooted in the idea that personal connections can lead to opportunities that are not visible through traditional job search methods. He encourages young professionals to leverage their existing social interactions, such as meals, to foster relationships that could lead to job offers. Beri himself benefited from networking during his early career, attending various investor and venture capital events that helped him build valuable connections in the tech industry.
In conclusion, as the job market continues to evolve, Beri's insights highlight the necessity for Gen Z to adapt their job-seeking strategies. By prioritizing networking and building relationships, they can enhance their chances of finding employment in a challenging economic landscape.