Chapter 9 - Communication Flashcards
Objectives
States what an organisation expects to achieve over a set period
Strategies
Are the actions that an organisation takes to achieve it’s specific goals
Stakeholders
Are individuals or groups with an interest in the future growth and success of the business eg- shareholders, managers
What is the relationship between communication and business objectives
Business objectives, whether they are maximising profit, improving market share or developing a new product, must be communicated to employees if they are to be successfully realised
Describe the ways in which business objectives can be communicated to staff in a business
- presentation
- memo or email
- posting on a business’s intranet
How can effective communication increase a business’ success
- customers start to identify with a business and the product or services it offers, leading to increased sales
- suppliers more likely to supply stock on time
- shareholders become confident of the business plan
- community develops a positive image of the business
What are the two types of communication
Internal and external
Internal Communication
Are those that take place within the business, can be both formal and informal
Formal Internal Communication Channels
Involves making use of the official communication channels of the business
What are the three different flows of communication within a business
- Top Down communication- information sent from managers down to employees
- Bottom Up Communication- information sent from employees flow up to managers
- Sideways communication - involves the flow of information between people of similiar status or position
Top- down channel
CEO -> General Manager -> Divisional Manager -> team Leader -> non managerial staff
Bottom up channel
Non managerial staff -> team leader -> divisional manager -> general manager -> CEO
Sideways channel
Non Managers -> other non managers
Team Leaders -> other team leaders
Divisional Managers -> other divisional managers
General Managers -> other general managers
CEOs -> other CEOs
Informal communication channels
Involves the business making use of unofficial means of exchanging information eg - grapevine
The Grapevine
Is the unofficial and informal communication system where employees sharing information, such at during breaks or on the way home from work, pass on messages with the risk of rumours spreading that are based only part on the information