Effective Business Communication

April 25th, 2011 by admin No comments »

Business communication involves constant exchange of information. It is a continuous process. The more the business expands, the greater is the pressure on the business to find more effective means of communication – both with the employees and with the world outside. Thus, business and communication goes hand in hand. Without effective business communication, a manager cannot perform the basic functions of management efficiently. It is the life-blood of an organization.

For a good communication in business, we should ensure the following:

  1. Every communication in business, whether written or oral, should be logically structured , i.e.,it should have a good beginning, a good body(content), and an effective ending. Be it a business letter or business speech, the communication should begin in such a manner that the audience have keen interest and pays attention to the message. The content of the communication should gives the core message of communication. The communication should end in such a manner that the audience knows what is expected of them and they get the jist of the message.
  2. Correct means of communication should be used- a means which take into reference time and cost constraints. Choice of appropriate channel also depends upon the amount of formality required and the speed of feedback required.
  3. Communication should be articulate and concise. Use of ambiguous words should be avoided. Choice of words should be such that it overcomes cultural differences.
  4. Business communication should be influencing and persuasive.
  5. Communication should be courteous. Polite and considerate behavior is essence of business communication.
  6. A positive body language should be used . For example, during meetings and interviews, maintain a frequent eye contact, give a pleasing smile , make all feel comfortable, etc.
  7. Feedback is an integral component of communication. Without feedback, it will be impossible to know whether the receiver has understood the message in same terms as intended.
  8. Try using more of ”You” rather than “I”. The audience or the receivers of the message should be given importance.
  9. Be an active listener . The quality of communication improves if one is a good listener. One should listen positively, should be open-minded and attentive.
  10. The facts should not be partial, i.e., they should be complete. The receiver of the message might get confused or might take a wrong action if facts are incomplete.
  11. The facts should be recent and not outdated.

Besides these essentials of the communication process one should also take care of overcoming the barriers which can affect the communication process.

Business Leadership

April 21st, 2011 by admin No comments »

Over the past several years during the current economic downturn many groups of business professionals have speculated about what it takes to be a leader. Is a leader someone who grows the company and will stop at nothing to get profits? After all, without profits a business cannot operate. However, we have seen that some leaders will stop at nothing to gain the most profits and have no regard for the greater good of society. The term leader can mean a lot of different things to a lot of different people. This paper takes an in depth analysis on the topic of Business Leadership and what clearly defines it.

When analyzing business leadership, the first step is to define some of the traits and characteristics of successful entrepreneurs and business leaders today. With the advent of globalization, the business environment has had an increasing rate of change. With this new change to businesses everywhere, most business markets have become dynamic and volatile. Now more than ever, most companies are looking to their leaders to guide them through these rough waters. All companies are placing a lot more emphasis on business leadership on all different levels throughout their organization.

Managers of the past may have been easily promoted due to large economic growth and may have just been expected to maintain the status quo. Now many managers or successful business leaders have to think outside of the box to constantly deliver growth to their shareholders or superiors. The new business leaders we are seeing in the new economy tend to be visionaries. They look to see how business is changing and try to adapt strategies before any of their markets are impacted. The recent subprime mortgage scandals and housing bubble burst steered several large institutions into bankruptcy. Many companies are now trying to also look for business leaders that will not only keep the profits coming but also build a strong sense of ethics and integrity into their organizations. » Read more: Business Leadership