Corporate Meetings
February 12, 2025
In order for businesses to run smoothly, risks need to be identified and managed. This is especially true in our increasingly volatile global economy. The risks involved, for example, in project management are different in comparison to the risks involved finance. This accounts for certain changes in the entire risk management process. However the ISO […]
In the previous article, we have understood why data quality is important in the field of risk management. We also had a closer look at the various characteristics which constitute data quality as well as the processes that need to be put in place in order to manage data quality. In this article, we will […]
Climate change is a burning issue in 2022. There is not even an iota of doubt that climate change affects almost everyone in the world in one form or another. However, some industries are impacted more than others. The reinsurance industry is among the ones which are deeply impacted. Climate change has been identified as […]
The Advantages and Disadvantages of Decision Making in the Digital Age The Digital Age is well and truly upon us. With it, many changes are happening both in the external landscape in which businesses operate as well as the internal dynamics of decision making. Indeed, it would be an understatement to say that Decision Making […]
Interpersonal relationship refers to a strong association among individuals working together in the same organization. Employees working together ought to share a special bond for them to deliver their level best. It is essential for individuals to be honest with each other for a healthy interpersonal relationship and eventually positive ambience at the workplace. Why […]
Effective communication is a part and parcel of any successful organization.
A communication should be free from barriers so as to be effective. Communication is a two way process where the message sent by the sender should be interpreted in the same terms by the recipient.
The characteristics of effective communication are as follows:
Use of jargons should be minimized because it might lead to misunderstanding and misinterpretations. The message should be modified according to the needs and requirements of the targeted audience.
The message is reinforced by using different channels and there are less chances of deformation of message.
The managers can use grapevine to deliver formal messages and for identification of issues which are significant for the employees. The managers can get to know the problems faced by the employees and can work upon it.
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