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Amity Business School

PRESENTATION OF BUSINESS

COMMUNICATION

Submitted By:

Mayank Tyagi D-40

Rahul Garg D-51

Sakshi Sharma D-52

Pankaj Gahlot D-33

Arvind Singhal D-41

Amity Business School

The Relationship between Communication Ability and

Success in Business

Amity Business School

What is effective communication in business

• Way of exchanging information.• When it produces desired

action in the reader or respondents.

• Good communication means that message will be sent and that the people or organizations understand the message in its entirety.

• A successful communicator exercises a good effect on the minds of others.

Amity Business School

Types Of Business Communcation

• There are two types of business communication in an organization:– Internal Communication– External Communication

Amity Business School

Internal Communication• Upward Communication:

The communication take place from lower level to uper level of an organization e.g submission of reports by employees.

• Downward Communication:

Communication take place from uper level to lower level of an organization e.g CEO gives order to manager of company.

• Horizontal Communication :

Communication take place on same level of hierarchy in organization e.g. annual meeting of board of directors.

Amity Business School

External Communication• Communication take place outside the

business to carry on business activities.

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Business Communication Blood Line Of An Organization

Because it help us to bring:• Increase productivity.• Reduce stress• Better understand what other says.• Better understand how to get your message across.• Enhance relationships• Save time and money.

Amity Business School

Why Communication Is Important In Business?

• Communication in business is important because:

• To build up reputation among customers and friends.• To create better relation between

– seniors and sub ordinates – workers and the management – customers and the sellers

• To increase sales.• For the promotion of a product, services or organization.• B2B deals.

Amity Business School

How To Improve Business Communication

• By removing barriers in communication: – Noise– Culture differences– Stereotype– Psychological barriers– Physical barriers

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• The importance of (only) positive language: Using positive language and eliminating the negative is

important to help build rapport with others. • Controlling anger when someone yells at you: Suppose someone walks into your office and without

warning and for no reason as far as you're concerned) starts yelling at you. How should you respond?

• Good listening and understanding: For good communication you should be a good listener

as well you should understand what u have hared.

How To Improve Business Communication

Amity Business School

Business Communication And 4 P’s

• 4 P’s of marketing directly related to business communication and success of business:

• Product• Price• Place• Promotion

Amity Business School

Channels Of Business Communication• These are channels of communication that plays

important role in success of business:

• Mail• TV• Print media• Telecommunication• Radio• Face 2 Face• Internet• Social networking like e.g. facebook, twitter etc

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Key To Success For Any BusinessCommunication is key to success of business because it

brings:• Customer Service• Discipline and Commitment• Time Management• Financial Management• Organization• Pricing Strategy• Experience and Ability• Marketing• Sales• Continued Improvement

Amity Business School

RESEARCH ON COMMUNICATION ABILITY IN BUSINESS

• International Association of Business Communicators/ Mr. Watson Wyatt study found that just over half of high-performing companies had "well-defined communication strategies that allow employees to understand better their organisations' business goals." Which meant that, puzzlingly, almost half of high-performing companies did not have such a strategy.

Amity Business SchoolSTUDIES SAY

• Typically, managers spend 75 to 80 percent of their time engaged in some form of written or oral communication. Although often termed a “soft” skill, communication in a business organization provides the critical link between core functions. Let’s examine two reasons why good communication is important to individuals and their organizations.

Amity Business School

TIPS FOR EFFECTIVE COMMUNICATION

• Improve your interpersonal skills

• Clarity of purpose• Consider your

audience• Effective information

sharing• Thinking in others

perspective

Amity Business School

GOOD COMMUNICATION =SUCCESSFUL BUSINESS

• Good communication matters because business organizations are made up of people. As Robert Kent, former dean of Harvard Business School has said, “In business, communication is everything.”

Amity Business School

Take care of communication and success shall take care of itself.'

Amity Business SchoolEvidence

• Suhas Gopinath

• Dell

And many more……

Amity Business SchoolAny Question?

• Ask any question you have in your mind:

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