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Business Communication

To keep a fully operational and collaborative business, it is essential to adopt effective communication techniques. Establishing everyday tasks for the company's personnel and being good at communicating with them are essential for a firm. By giving employees a target for the day, this form of communication helps to increase job productivity because the workers may finish more tasks. Effective communication in between leader (manager) and a follower (employee) can also indicate that if there are problems at job or other minor problems, the worker will feel comfortable talking to a supervisor about said problems (Cleare, 2018). As a result, it also gives the company a chance to advance the work environment for its employees, as they feel comfortable speaking to their company and can start giving them ideas that can help enhance the workplace. A strong line of communication must exist between businesses; this will increase your chances of success since you may support others by hiring each other and helping each other succeed in your endeavours.
 

An effective communication will not only reduce the chances of mistakes but also improve the overall productivity of the organization. It will ultimately lead to the financial profit for the organization. According to a Holmes Report, Organization with effective communication leads to more productivity, less employee turnover and approximately 50% of the financial growth (Grossman, 2011). They will work with more enthusiasm which will lead to their own growth as well as make profit for the organization.
 
 
Employees who receive clear and concise instructions are better able to understand what is required of them and behave accordingly. Every successful firm relies on creativity and corporate communication. Even though the for-profit industry has long explored communications within firms, we generally know little about how different communication styles affect creativity in the government and non-profit sectors (Suh, Harrington & Goodman, 2018). The workplace's efficiency then rises as transparency is improved. Misunderstanding among management and staff members can lead to many workplace disputes as teamwork suffers, which affects performance reviews, job promotions, and acknowledgment. The process may be key to improving efficiency in relationships, attitudes, environment, behaviour, and technological features, thus it is crucial to emphasise this (Kumar, Lahiri & Dogan, 2018).
 

One of the main advantages of efficient communication in company is increased team spirit. Information is frequently not shared when there is poor communication among team members. The teammates who are kept in the dark may eventually grow resentful of their leadership and colleagues because they will think that information are being kept from them (Kalogiannidis & Kontsas, 2021). The confidence within the team will diminish over time and foster a hostile atmosphere at work if a worker or colleague feels that they are being kept in the dark.
 
References

Cleare, L. (2018). Make More Money with Better Communication. [online] Laquita Cleare. Available at: https://laquitacleare.com/make-more-money-with-better-communication/.
 
 
Grossman, D. (2011). The Cost Of Poor Communications. [online] www.provokemedia.com. Available at: https://www.provokemedia.com/latest/article/the-cost-of-poor-communications.
 
 
Kalogiannidis, S., & Kontsas, S. (2021). Impact of Business Communication Determinants on Business Profitability: An Empirical Evidence of Citibank in Greece. International Journal of Human Resource Studies, 11(2), 137-150.
 
 
Kumar, V., Lahiri, A., & Dogan, O. B. (2018). A strategic framework for a profitable business model in the sharing economy. Industrial Marketing Management, 69, 147-160.
 
 
Suh, J., Harrington, J., & Goodman, D. (2018). Understanding the link between organizational communication and innovation: An examination of public, nonprofit, and for-profit organizations in South Korea. Public Personnel Management, 47(2), 217-244.
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