Topic 1: Introduction to Communication
Lesson 2: Objectives of Communication and Strategic Importance in Business
The objectives of communication in a business organization are diverse and strategic, supporting every function from planning to control.
Primary Objectives of Organizational Communication:
- To Inform:
- This is the most basic objective—to transmit and receive information and maintain records.
- Vital information includes:
- Data on products/services, customer needs, and satisfaction levels.
- Intelligence on competitors, market trends, and technological developments.
- Information on credit availability, raw materials, and government regulations.
- For Planning and Decision-Making:
- Communication provides the data necessary for:
- Strategic and operational planning.
- Assigning jobs and governing production procedures.
- Making informed decisions at all levels.
- Developing strategies for marketing and countering competition.
- Communication provides the data necessary for:
- To Achieve Organizational Goals:
- Directly supports targets like profitability, investment sourcing, and customer satisfaction by aligning efforts and resources.
- For Efficient Internal Operations:
- Coordinates activities across departments (Production, Sales, HR).
- Communicates policies, promotions, appraisals, and operational updates to staff.
- To Gather Competitive and Environmental Intelligence:
- Collects data on rival companies (operations, strengths, weaknesses).
- Scans the external environment (political, economic, social, technological factors) for opportunities and threats
Sources of Business Information:
- Internal: Old files, internal reports, observations, meeting minutes.
- External: Mass media, chambers of commerce, seminars/conferences, trade fairs, personal interviews, questionnaires, the internet.
The Dire Effects of Poor Communication:
- Operational Failure: Confusion, mistakes, wastage of resources, accidents.
- Human Resource Issues: Low morale, lack of motivation, high frustration, strikes, and unrest.
- Strategic Damage: Poor information transfer, feelings of dissatisfaction among stakeholders, damaged reputation, and failure to meet objectives.