Corporate Meetings
February 12, 2025
What is Strategic Change? In response to the fast changing and fluid marketplace and industry landscapes, many management thinkers came with theories of strategic change. The first among them was the legendary Peter Drucker who coined the term Age of Discontinuity to describe the way in which disruptive change affects us. In Drucker’s model, the […]
Population Growth Among all the developing countries, population growth remains one of the reasons for these countries to remain poor. To take specific examples, both India and China have historically been among the poorer countries because of their huge populations. It was only after the economic liberalisation and opening up of their respective economies that […]
The reinsurance industry is a highly competitive globalized industry. It faces several challenges from all over the world. The issue of overcapacity in the reinsurance industry is one of the prominent challenges facing the industry. This overcapacity is affecting the reinsurance industry in several ways. In this article, we will understand the root cause behind […]
A reinsurance contract is essentially a contract between a ceding insurance company as well as a reinsurance company. Under plain vanilla reinsurance contracts, the premiums, as well as risks, are transferred proportionately from the ceding insurer to the reinsurance company. In some cases, this arrangement is not acceptable to one or both of the parties. […]
An individual alone can’t create wonders. He needs the support of others as well to discuss things and evaluate the pros and cons of his thoughts and concepts. Individuals should work together without fighting with each other for the timely accomplishment of a task. The team members must be focused and concentrate on their work […]
In an organization, communication flows in 5 main directions-
In other words, communication from superiors to subordinates in a chain of command is a downward communication.
This communication flow is used by the managers to transmit work-related information to the employees at lower levels. Employees require this information for performing their jobs and for meeting the expectations of their managers. Downward communication is used by the managers for the following purposes -
Organizational publications, circulars, letter to employees, group meetings etc are all examples of downward communication. In order to have effective and error-free downward communication, managers must:
The subordinates also use upward communication to tell how well they have understood the downward communication. It can also be used by the employees to share their views and ideas and to participate in the decision-making process.
Upward communication leads to a more committed and loyal workforce in an organization because the employees are given a chance to raise and speak dissatisfaction issues to the higher levels. The managers get to know about the employees feelings towards their jobs, peers, supervisor and organization in general. Managers can thus accordingly take actions for improving things.
Grievance Redressal System, Complaint and Suggestion Box, Job Satisfaction surveys etc all help in improving upward communication. Other examples of Upward Communication are -performance reports made by low level management for reviewing by higher level management, employee attitude surveys, letters from employees, employee-manager discussions etc.
It generally does not appear on organizational chart. For instance - To design a training module a training manager interacts with an Operations personnel to enquire about the way they perform their task.
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