unit 3 management skills- communication Flashcards
what is communication, consultation, feedback, importance of upward/downward/horizontal , methods of communication
-communication involves people exchanging information in order to better understand each other
- consultation implies good two way communication
- feedback is required to ensure the message has been and acted upon
- upward/downward/horizontal channels of communication ae necessary so that everyone understands what tasks they have to preform
- there are a variety of methods of communication used in business depending on the message- written, oral, visual, electronic
importance of effective communication- productivity increases
instructions are understood by all employees and deadlines are clearly communicated to employees resulting in increased productivity
importance of effective communication- better industrial relations
clear communication and openess to listening to others means that any dispute between stakeholders in a business can be resolved before it becomes a critical issue
importance of effective communication- intrapreneurship encouraged
new ideas flow easier and can be developed quickly in a business with effective communication
importance of effective communication- team approach
in a modern business a matrix structure is applied where employees work on projects in teams. for teams to be effective, members must be able to communicate clearly and objectively
importance of effective communication- clear goals established
it is easier to plan with employees and agree individual targets for them which motivates employees
barriers to effective communication - language
use of jargon / over complicated , unfamiliar or technical terms. speaker needs to choose language appropriate to the audience
barriers to effective communication - medium chosen must be appropriate to the message
medium should match the formality of the message ensure the medium is correct considering the need for feedback and proof the recipient has received the message
barriers to effective communication - timing
messages must be delivered at the correct time, emails outside of work hours may not be read
barriers to effective communication - information overload
too much information being transferred at once will result in confusion. too much detail may overwhelm the audience, the message should be clear and concise
communicating effectively - audience knowledge
knowing your audience will influence tone, voice, quality of the message , your message must reflect education level , aims and objectives of your audience
communicating effectively- accuracy
have a thorough knowledge of the topic to be discussed/ all factual information must be accurate . have an intro , plan of action and expected outcomes
communicating effectively - clarity/ appropriate language/ conciseness
if the language used is too technical / difficult for the receiver to understand then the message may be misinterpreted
communicating effectively - visuals
“a picture is worth a thousand words” and visuals supports such as bar charts and line graphs communicate data very effectively
what is an anual general meeting (AGM) and what are its main functions ?
an AGM is a meeting held once a year and attended by the directors and shareholder of the company
main functions
- shareholders elect a board of directors
- shareholders appoint auditors
- chairperson gives a report on company performance
- auditors present reports on the accounts
- declare on dividends
- shareholders have an opportunity to question the director