This website uses cookies to ensure you have the best experience. Learn more

The Importance Of Effective Communication For A Business To Achieve Its Objectives

592 words - 3 pages

The Importance of Effective Communication for a Business to Achieve its Objectives

Effective communication within a business is the ability for that
business to communicate clearly and efficiently with any one of its
associated stakeholders. Inefficient communication can be a result of
the use of a wrong communication channel for the purpose, noise
interfering with the message, or inability's with the company
personnel making the communication. Effective communication can
motivate, improve relations and ultimately return greater dividends in
the long run.

Customers are a very important stakeholder to communicate with. In a
market let, or asset let company, direct customers, and the customers
which make up a market needed to be communicated with effectively in
order for market trends to be discovered. Knowing what's popular, or
what might soon be within a market could give a company ...view middle of the document...

"Employees are a companies greatest asset" and keeping these assets
means making sure that they are motivated and satisfied in their job.
Monitoring this and making sure that it is the case depends on
effective communication between employees and their managers.
Employee's need to feel as though they can speak to their managers
with any problems they may have, and so a correct channel of
communication needs to be selected and implemented for this. Face to
face would often be the best method. Removing any hygiene factors from
an employee's job through effective communication will help ensure
that they are motivate, which will lead to greater motivation, and
greater productivity. The grapevine effect between employee's which
are motivated is also likely to be a much more positive one than with
de-motivated employees conveying negative messages about their job
with colleagues.

More and more companies are taking a "stakeholder" approach to
business now, instead of a "shareholder" approach. This means trying
to keep not only shareholders happy, but everyone who is effected by,
or effects the business. The local community around a business is a
very important stakeholder group to keep happy. Not only do they often
supply labour for a company, they may also generate a lot of their
sales, and if unhappy, could create a lot of trouble for the company.
Many different channels of communication may be required for this,
from meetings with locals councils, to press coverage in newspapers.
Continually monitoring what the local community think of a business
will allow them to try and adjust anything that the community are very
against. Informing them of any big changes or developments the company
may be making will also help reduce any shock or angst a community may
have. Good relations with the local community will help improve the
chance of people wanting to work their, reducing recruitment expenses.
In companies selling to the local community, sales are likely to
increase by keeping them happy through effective communication of
their needs. All of these will inevitably lead to increased profits
for the company.

Other Papers Like The Importance Of Effective Communication For A Business To Achieve Its Objectives

The Role of Effective Communication Essay

1497 words - 6 pages verbally and non-verbally. An example of effective communication is body language this is done non-verbally. This is vital because 70% of what we mean is communicated through our body language. This is important in a health and social care setting because there are people of different needs and only certain skills are needed for them. You would have to prevent mistakes and misunderstandings in treatment. For example if you give the wrong medication

Assess the Reasons for the Failure of the Romanov Dynasty to Achieve Stability by 1917

1353 words - 6 pages “Assess the reasons for the failure of the Romanov dynasty to achieve stability by 1917” The start of the 20th century brought radical changes to the political and social structure of the autocratic Russian Empire. It was a time of regression, reform, revolution and eradication. A short period between the end of February through to the start of March 1917, Tsarist Russia and the Romanov dynasty had come to an end. The Romanov family, who

Effective Communication for Learning

637 words - 3 pages Effective Communication for Learning Dawn Mills Gen/200 February 28, 2011 Colleen Riaza Effective Communication for Learning Communication in groups although sometimes difficult can be a challenging and enjoyable task and if done correctly can be very effective in learning and in collaborating on a project. Depending on a persons’ learning style a plan must be developed to effectively communicate to where the individual can understand

The Dos and Don'Ts of Effective Business Communication in Today’s World

586 words - 3 pages The Dos and Don’ts of Effective Business Communication in Today’s World Business communication takes different forms including verbal, oral and electronic. It is essential for the success of every company and organization nowadays as it influences its managing and performance. (Vitez, 2014) Therefore there are main dos and don’ts that everybody from employees to top managers should know in order to communicate efficiently. To begin with

English for Effective Communication

848 words - 4 pages Guidelines There are three questions in this assignment. Question 1 and Question 2 are listening tasks based on recordings which are contained on your TMA CD. Question 3 is a speaking task. The Listening and Speaking parts of the assignment each carry 50% of the mark for TMA 1. Before you complete this assignment, you are advised to review both the listening and the speaking skills covered in Units 1 and 2. You must submit your responses

The Importance of Communication Skills

905 words - 4 pages The Importance of Communication Skills Every college friends are eager to graduate to find a good job, you can what is "good job" mean? In fact, "good job" and there is no uniform standard, different people on the "good work" understanding and definition is different, figure out what is their satisfaction with the "good job" is not only a friend can help students make the right career choices can also help in college graduation to find a

Fundamentals Of Effective Communication In The Workplace

574 words - 3 pages past due. Reports are sent out twice a week to all employees in the business channel. The department as a whole understands the program and its liability to the company. “Don’t communicate to be understood; rather, communicate so as not to be misunderstood (Lund, 2013, Forbes.com).” Creating a report that tracks inventory whereabouts and worth helps everyone stay structured and more successful. The department seems that much more in tune with procedures and respects guidelines. Communicating with other employees, whether through reports or emails or one on one meetings creates a sense of importance and responsibility and with the precise information is extremely effective.

Fundamentals of Effective Communication in the Workplace

1190 words - 5 pages Fundamentals of Effective Communication in the Workplace “I’m a great believer that any tool that enhances communications has profound effects in terms of how people can learn from each other, and how they can achieve the kind of freedoms that they’re interested in.” –Bill Gates. When we talk, it is because we want to share ideas, information or express our feelings with another person. Many friendships begin with a conversation. Conversely

Fundamentals of Effective Communication in the Workplace

1023 words - 5 pages barriers that can affect the way your message is perceived to your audience. They are physical, language, body language, perceptual, organizational and cultural barriers. When it comes to managing a business or company with employees, it is very important that senior managers and leaders possess excellent communication skills. Before I can explain how I eventually experienced effective communication, I will first have to discuss the occasions in which

How Two Business (Transport for London (Tfl) an Organisation in the Transport Industry, and One Touch Leisure Centre) Organise Themselves in-Order to Achieve the Businesses’ Purpose

2369 words - 10 pages organisation, it is therefore central to the organisation as it provides direction, by the setting out of the business’ aims and the methods as well as resources that will be used to achieve it. As transport for London (TFL) hopes to provide the best service possible to its customers, and One touch Leisure centre – making profits and leading the market, they both have aims and objectives as a result of strategic planning to ensure success. Transport for

Effective Business Communication: a Look at Communication in Today's Global Markets

3801 words - 16 pages targeting their local community or state but also going country and in some instances global right out the gate. The one consistent has been the need for clear and effective communication in all aspects of the business. With companies, working countrywide or even globally management needs to adapt their communication styles for their audiences. It not about what is being said as much as how it’s being said that is changes market to market. Managers

Related Essays

Criticize The Use Of Strategic Planning As A Means To Achieve Organisational Objectives

996 words - 4 pages Criticize the use of strategic planning as a means to achieve organisational objectives. Strategic planning is the process by which managers of the firm analyze the internal and external environments for the purpose of formulating strategies and allocating resources to develop a competitive advantage in an industry that allows for the successful achievement of organizational goals Rothaermal (2012). Strategic planning cannot provide a

To Reveal The Enormity Of Communication Skills For Business Students

2764 words - 12 pages 1. Introduction: Now-a-days global economy, businesses cannot ignore the importance of communication. Businesses are finding that it is in their best interest to learn about national, cultural and ethnic groups they need to communicate with to grow their businesses. Communication is so important in business; in fact businesses want and need people with good communication skills. Effective communicators are, therefore high demand besides

Effective Communication In The Business Enviorment

631 words - 3 pages EFFECTIVE COMMUNICATION IN THE BUSINESS ENVIORMENT Brittany Harris PROFESSOR: ERIC BALTAS BUSINESS 100 (INTRO TO BUSINESS) May 11, 2014 Communication is the key to every type of relationship or partnership. In the business environment due to a vast variety of people in one business this can be a hard thing to grasp. There are so many different barriers that people face such as language and cultural barriers. It can be hard to

Effective Business Communication Essay

655 words - 3 pages Effective Business Communication Faculty: Dr. Kirti Khanzode Program: Dual Country Program, IMT Ghaziabad, Module 2 Course Description & Objectives: In contemporary corporate world, the mantra of career progression are excellent communication skills. Studies indicate that managers spend upto 80% of their time communicating. The importance of communication thus, cannot be over emphasized. Ability to express oneself clearly orally or