Corporate Meetings
February 12, 2025
The pandemic induced by the Corona Virus has fundamentally changed the way organizations operate. However, the counter measures taken then were simply firefighting, knee jerk reactions by organizations to a curveball thrown their way due to the disruption of normal working conditions. But will those changes and efforts measure up in the post pandemic world? […]
One of the most widely used frameworks for analyzing cultural differences is the model developed by the eminent cultural theorist, Geert Hofstede. In this model, the differences in culture between countries have been plotted along five dimensions, which can be used as the basis for predicting the cultural differences between different countries. The model was […]
The global insurance industry is at a strange crossroad. On the one hand, the market is completely saturated in countries which are known to be the developed market. On the other hand, the developing countries are completely underserved. It has been estimated that at the present moment, insurance products have less than 5% penetration in […]
Structured finance products have proliferated the financial markets. There are several derivative products that have been created with the sole intention of helping a company transfer its credit risk onto another company or group of investors who are willing to assume this risk. The most well-known and common structured finance product which enables companies to […]
Personality development plays a crucial role in success of an organization. Employees are truly the lifeline of an organization. It is rightly said that the success and failure of an organization depend on its employees. It is essential for employees to develop a sense of loyalty and attachment towards their organization. Employees ought to learn […]
Receivers are not just passive absorbers of messages; they receive the message and respond to them. This response of a receiver to sender’s message is called Feedback.
Sometimes a feedback could be a non-verbal smiles, sighs etc. Sometimes it is oral, as when you react to a colleague’s ideas with questions or comments. Feedback can also be written like - replying to an e-mail, etc.
Feedback is your audience’s response; it enables you to evaluate the effectiveness of your message. If your audience doesn’t understand what you mean, you can tell by the response and then refine the message accordingly.
Giving your audience a chance to provide feedback is crucial for maintaining an open communication climate. The manager must create an environment that encourages feedback. For example after explaining the job to the subordinated he/she must ask them whether they have understood it or not. The manager should ask questions like “Do you understand?”, “Do you have any doubts?” etc. At the same time he must allow his subordinated to express their views also.
Feedback is essential in communication so as to know whether the recipient has understood the message in the same terms as intended by the sender and whether he agrees to that message or not.
There are lot of ways in which company takes feedback from their employees, such as: Employee surveys, memos, emails, open-door policies, company news letter etc.
Employees are not always willing to provide feedback. The organization has to work a lot to get the accurate feedback. The managers encourage feedback by asking specific questions, allowing their employees to express general views, etc. The organization should be receptive to their employee’s feedback.
A manger should ensure that a feedback should:
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