Business Communication and Its Importance

Introduction

Communication is an important concept. It is simply an exchange of understanding, expressions and ideas between receiver and sender in a mutual way. In a business context, communication is very crucial and it needs to be effective. 

An organization involves people working in a particular system or order to achieve a mutual goal. Business is a form of organization. Hence, communication is required to effectively allow people to work efficiently in a system for achieving the desired goal. Every step in an organizational set up requires communication of some kind. 

To define business communication, it is the process of sharing information, ideas and messages within an organizational context. It also involves interpersonal interaction within a business environment for facilitating the achievements of business goals.

Business communication deals from the slightest actively like writing a memo to effectively communicating strategies for business growth. Business communication skills are critical to the success of any organization. 

Importance if Business Communication

Communication is a basic function in an organization and it is the ingredient that makes organization possible. Communication is necessary for various purposes. There are many wide implications of communications. Some of such implications or importance of business communication are:

Business Communication is critical in Decision Making

Business communication ensures the sharing of relevant information among the team mates. Effective communication articulates the organizational objectives clearly. Business communications helps individuals, managers and employees to access and share the information effectively. All these factors lead to collaborative and informed decision making in an organizational setup. 

Business Communication ensures Clarity of Information

Clarity in information is a fundamental aspect in business communication. Communication is effective when it is clear. Business communication practices ensure that all the individuals clearly understand the objectives of the messages. It minimizes the confusion and conveys the message using the relevant and effective means. For this, the business communication process reviewing the message, medium and environment very carefully is such a way that the information meets the expectation of senders and receivers.

Business Communication and Change Management

Business Communication is crucial while managing the transition. Clear communication is required for effective transition. Change management involves defining the future and effective communication is essential for articulating this among the stakeholders. Another important aspect of change management is feedback mechanism and crisis communication. Business communication establishes the channel and network to address the crisis and help the organization (business).

BUSINESS COMMUNICATION MCQS
Business Communication and Risk Assessment and Mitigation

Risk reflects the uncertainties. Business communication is helpful in assessing and mitigating the risk factors. Planning, coordination and proper channel is key to risk assessment and mitigation and business communication looks after all these aspects. Discussing and communicating the risk potential, sharing the expertise, delegating the responsibilities allows decision makers to effectively deal with the risk propositions. Business communication process allows decision makers to define such an effective system. 

Business Communication and Consensus Building

Communication plays a pivotal role in building the consensus. Communication solidifies the statement and consciousness. Business communication process allows individuals a platform to share and exchange ideas among the stakeholders. For consensus building, communication promotes active listening, experience and ideas sharing, multiple perspectives, participative decision making, discussion, feedback and trust building.

Business Communication for Efficiency and Productivity

Effective communication clarifies the confusion, streamline the process, minimizes the error and enhances the overall efficiency. In the business communication process, individuals know what to do, when to do, why to do and how to do it. Communicating and understanding the roles and responsibilities will eventually increase productivity as there is no confusion regarding anything.

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