Management skills communicating and ICT- C7 Flashcards
What is communication?
Communication is the transferring of information from the sender to the receiver through a medium.
What is internal communication?
this is the transfer of information between staff in a workplace.
Includes- emails, meetings, notice boards, intercoms, face to face conversations etc
What is external communication?
This the transfer of information from the business to its stakeholders.
Include- telephone calls, social media, conferences, letters, advertisements, skype etc
Who do stakeholders include
Stakeholders include: investors, suppliers, interest groups, customers, government and society.
What are the differences between formal and information communication?
Formal (planned) such as a memo, report, formal meeting – this information is passed through approved channels of communication
Informal (grapevine) such as chats in the canteen, social networks – this information refers to the informal network that exists in every organisation
What are the types of communication channels?
Horizontal, upwards and downwards
Explain the three types of communication-
Horizontal, upwards and downwards
Upward communication – staff reporting up the chain of command to supervisor/manager.
Downward communication – messages sent from the chain of command e.g. manager to staff.
Horizontal communication – communication between people in the same rank and authority in the chain of command e.g. finance manager and HRM
Who is involved in internal communication?
Employees – communication is vital here to ensure work is done on time and correctly
Managers – must be able to communicate relevant information to others to ensure good decision making, helping them work as a team
Investors – they must be supplied with accurate information about financial performance otherwise they will have no confidence in the management and be unwilling to invest
Who is involved in external communication?
Customers – kept informed about new products
Suppliers – need to be aware of the firms needs, tell them company of any delays which could affect production
Government – business need communication with Gov’n for grants and lobbying for changes in the law etc.
Society – the reputation of a business affects the firms ability to win customers and recruit staff
What is verbal communication?
The exchange of information and ideas in speech, e.g. asking and responding to questions and giving instructions.
What are meetings?
A gathering of at least two people to discuss a topic or topics with the purpose of making a decision on matters discussed.
What are the types of meeting?
What is an AGM meeting?
AGM (Annual General Meeting). This is a meeting of the shareholders of a company. It is held once a year. At the AGM, shareholders can ask the directors questions, the chairperson gives an address, directors are elected, auditors are appointed and accounts are presented.
What is an extraordinary general meeting?
EGM (Extraordinary General Meeting). This occurs when a matter of such importance arises that the business cannot wait until the next AGM to discuss the issue.
What is a Board Meeting
Board Meeting. These are regular meetings held by the board of directors of the company. Tactical planning, strategic planning and review of company performance are often on the agenda of a board meeting. It is a meeting to solve problems and is focused on performance and direction of the business.
What is an Ad-Hoc meeting?
Ad-hoc meeting. Meeting held by various managers in the business to deal with operational issues/immediate problems. They are one off meeting and are generally unplanned so discuses matters that suddenly arise.
What type of communication is a meeting?
Formal – highly structured, planned and run according to agreed procedure, usually involve a chairperson and secretary to take minutes.