This presentation discusses the importance of data collection and dissemination in business communication. It highlights how data helps in decision making and improving business functions. The presentation also explores various methods of data collection such as mails, feedback, and website blogs.
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BUSINESS COMMUNICATION
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INTRODUCTION Business needs to communicate its actions in order to accomplish their operations and processes. The actions are to be communicated with the workforces and management team of the organisation. It is necessary that connectivity should be strong and accurate with the person whom the action or the message has been communicated. A business should have a proper communication network and all the factors that are chains of the network should have effective skills and methods of communicating the message (Arvidsson, 2012). The report is covering information about benefits and methods of developing communication processes, along with this, the ways of improving the systems that are related to information and knowledge. Thereportisprovidingbriefknowledgeforusefulprocessesandmethodsofbusiness communication in the context of Asda. It is British founded supermarket retailer that is dealing with various products and offering different types of services. The company is also caters servicesinfinancialmarketandowns amobilephonecompany with thenetworkof EE(Everything Everywhere).
TASK 3 3.1 The internal and external processes of communication It is examined that an organisation needs to have proper network of communication in order to function effective operations and processes throughout the business. For this, theorganisationneedstodevelopabetternetworkandimprovethesetof communication skills present in the managers and other workforces. Considering this aspect with Asda industries, it has been evidenced that the company uses effective methods of communicating the actions and commands among the internal and external sources (Barker, Valos and Shimp, 2012). The individuals that are working within Asda forces efforts on reducing all the barriers to communicate in a proper and effective manner. The internal communication method is based on flow of messages from the sender to receiver without the guarantee that the person who receives the message would understand the content or not. The project groups of Asda aiming for identifying such issues and implementing changes in order to overcome these issues.
Contd. The external process of communication is also important for Asda for conveyingmessagesandinformationtotheirreceiversand stakeholders. It helps them to notify or inform their changes in legal policies, regulations and other organisational framework (Blanc and Bouillon, 2012). For this, the management needs to implement better andeffectivecommunicationskillsamongtheirmanagersand employees. They are using the ways of communicating the messages to their individuals by the method of mails, advertisements, website blogs, public releases, etc. By these methods, Asda convey the useful information to their external sources
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3.2 The strategies to improve communication with suppliers, customers and other stakeholders Itisevaluatedthatanorganisationneedstoadoptaneffective communication network to connect with the different sources and essential elements of the organisation. In that case, it is essential for Asdatoimplementbettercommunicationnetworkamongtheir suppliers, customers and other stakeholders. It would be beneficial in properly executing their business operations andimplementing the action plans to achieve the organisational objectives (Chakravorti, Daniels and Lassar, 2015). For this, the management of Asda can consider various strategies to improve their communication network with the suppliers, potential customers and other stakeholders like investors and shareholders. The effective strategies in that context are:
Contd. For developing communication network among Suppliers Supplier relationship management software –The organisation could invest their capital in adopting the SCM software from the market or could develop itself as per their usage and functioning. This type of software has various valuable features and attributes to perform many tasks related to the supplier's management (Choo, 2010). It includes activities like managing the supplier's profile, updating them regularly, monitoring their performance and techniques for distributing the products, identifying new suppliers from the market. Its main aim in regard to Asda is to maintain the level of inventory and stock in the company. It tracks all the functions and supplies made by the suppliers, improvize them as per their results. Build up better communication line– It is important for every organisation to build up better communication and relationship network with their suppliers (Edenius and Borgerson, 2013). For this, the company could adopt various strategies like organising meetings, managing business events and parties, etc. in order to share information about the new products and building up better relations.
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Contd. For developing communication network among Customers Share information through public relations- The customers are termed as the most significant member of an organisation. The continuity of the business of an organisation is directly linked up with the relation and communication network with them. In that scenario, the organisation should implement better network from their targeted customers and related market in order to accomplish all the desired objectives (Fill, 2015). The organisation could use the strategies to improve their customers relation by using the methods of social media interaction, online forum to resolve the conflicts or issues, feedback blogs on websites, etc. Customer care emailing and phone calls –The management team of Asda needs to implement strategies like developing a medium of connecting with their customers. For this, the method for communicating with the customers are emails and telephonic conversations. This gives both the parties to convey their views, issues, suggestions and assumptions for the company and their products.
Contd. For developing communication network among other Stakeholders Considering the current method of Asda to communicate the information to their targeted audiences are through four websites. Their aim is to promote and publicize new rangeofproductsandmaintainaperfectrelationwithallthestakeholders (Grönroos, 2014). The four websites are focusing on various aspect and that are: A company's website that provide information about the business and their annual reports which is beneficial for all the investors and shareholders. Supermarket website where the consumers can place their orders. A website that provides information about a products and services offered by the company. A promotional website, which supports the products and drive the attention of customers towards the benefits of the products.
3.3 The managerial skills among the managers to ensure effective communication is maintained Managerial skills to ensure effective communication The managers of the company are required to have a high level of communicationskillsforcommunicatingbettermessagesand information to the subordinates and the board of directors (Hugstad and Durr, 2015). For this, the skills which are to be present in managers are: Listening and speaking skills Interpersonal skills Presentation skills Linking the management with the workforces
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Contd. The importance for improving communications It is necessary for Asda to develop the specified set of skills among their managers in order to build an effective communication network within their business and management. The importance for improving such communication skills are: Listening and speaking skills– The managers are the individuals that are responsible in generating better results from all the business operations. For this, the managers needs to take several actions and decisions which are beneficial for the organisation (Kadlec, 2012). In that case, it is essential that manager should listen to their subordinates and other staff members for identifying the best decision. Interpersonal skills– They are termed as the behaviour and attitude which are present in the managers.Themanagersshoulddevelopaformalaswellastheinformalwayof communication among the management members. For this, the managers should concern variousaspectslikeemotionalintelligence,creatinghumour,treatingpeopleequally, resolving conflicts, maintain a positive attitude and smile on the face, as all such perspective develops better relations with the members.
Contd. Presentation skills– The managers are responsible to motivate and improve the workforces working in the company (Khosrowpour, 2011). It that case, the person should have better to present itself, minimize the stress, encourage the confidence level and motivate them for better functioning. Linking the management with the workforces –In an organisation, managers are determined as the link between the top level management and the lower level of management. Thus, they work as a connecting source within the company (Lee‐Foster, 2010). For this, the manager needs to implement skills to manage activities at both the level, communicating message in difficult situation and dealing with criticism.
3.4 Personal plan to develop the own communication skills SkillsPresent skills Targeted plan Time duration Evidence Verbal skills to communicate I evidenced that I have a good knowledge of technical description but lack flair in presenting my critical thinking Good descriptive writing and satisfactory critical writing (Maier, 2007). Within 1-2 months of my academic period. Through self assessment method or by evidencing the change of connectivity with the people.
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Contd.Technical skills to communicat e I have high interest in technical fields, but still have less knowledge and experience in technical department. Generating higher practical knowledge about innovative technique. In the time period of 1-2 months of summer holiday would be enough for me to develop the skills. Technical efficiency to handle crisis and take actions.
Contd. Group communi cation skills I like working with and as a group. But, generally I likely desire to lead the team. Needs to develop skills to work for the team, generate more reliability, positivity and competency among the team members and on personal sense as well. Within the time period 30 days Create higher abilities to handle the team and their working level.
Contd. Managing skills for communicating the people Lacking in confidence generally demotivate my spirit of handling the situation and delegating the work. In addition to this, drawback of inefficiency in monitoring the operations results negative outcomes. I require proficiency skills and level for delegating the work. Evaluating better abilities to increase the confidence and competitive spirit (Pattinson and Anderson, 2011). As per my concern 3-4 month of time period would be sufficient for me. Reports generated by overall group activities.
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Contd. Presentation skills to connect with the people I am competent enough for classroom, but nervous for professional standard I need to attain better classroom and on the stage presenter. To achieve skills to attract the audiences (McKenzie, J. and Winkelen, 2014). By the end of the academic year. Presentation skills in college annual function or in general competitions of inter college meet (Massingham, 2014).
TASK 4 4.1 The importance of data collection and dissemination It is ascertained that an organisation needs to collect information about their customers and business. Such information is very private and require to be properly secure by the management (Vries and Diana, 2015). Data dissemination is termed as an idea or suggestion which is proposed by management for improving the usage and valuation of information and promoting an easier access by the research community, within the framework of an enabling legislation and of a formal dissemination policy. In that respect, data collection and dissemination is highly significant for Asda and their management to take actions and decisions. The process of taking decision needs high level of information and a clear view of possible outcomes. In that case, the management team needs to analyse the market and collect the helpful information accordingly. It is beneficial for the company in various aspects but the main perspective which is highly advantageous is the process of decision making. The management generally uses this method to take effective decisions and attain better reports from all the business operations. Data collection and dissemination process helps the management in determining action and activities that are extremely required in each of the business functions. These business functions are sales management, marketing strategies, productivity, supply chain management and various others (Ward, 2012). Considering that viewpoint, data disseminating is also important and the management needs to emphasize their efforts on protecting the data related to their company and their business.
Contd. There are various aspects that the organisation, like Asda, mostly uses in attaining information about their business and stakeholders. The methods for collecting data are: Mails– It is determined as the method of generating direct information from the person or individual which are engaged with the business operation of Asda. The main aim of mailing is to communicate and implement an interpersonal relation with the person. Such actions would help the company in attaining better information for taking decision (Arvidsson, 2012). Feedback– The process of generating feedback is one of the best method of attaining information about the issues and views of the customers. In this regard, it is highly significant for the company in allocating the areas that are impacting the business and its reputation in negative way. Website blogs– It is also a useful method for addressing the information which is very vital for the company. The management of the company needs to identify the factors that are affecting their market value and reduces their market share (Flensburg, 2010). On website blog, any of their stakeholders can post their suggestion, comments and other information. The management has to assess all the information from the specified sources and take accordingly take appropriate actions which are beneficial for the company. The team should examine the possible outcomes prior from taking any decision or implementing changes in the strategy.
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4.2 The management information systems and their effectiveness The process of managing the information system has an integrated set of components which are focusingoncollecting,storing,creating,processing,distributingandassessingdataof business operations and their activities. They are typically dealing with various aspects that are in digital format generated by the management and other stakeholders. It is based on the combination of hardware and software which are organised by business personnel in order to facilitate the company in strategic planning, better controlling, coordinating the work and effectively making the decisions (Shumon, 2010). In that case, the method used by Asda to manage and control the infrastructure of the information is via MIS (Management Information System). It is one of the best method for assessing, addressing and storing the information related to the management. The system of storing the information is also beneficial in protecting the data and content of the company's business and their management personnel. In addition to this, the management could use various other methods also in managing and organising information of company. The other effective information systems and effectiveness are:
CRM (Customer Relation Management)– It is examined that the process of processing and storing information through CRM technique is a strategical method of managing data of multiple departments, channels and various disciplines (Davey, 2014). It is extremely significant in leading the management, manage the information of the existing clients and customers more effectively, improving marketing communication and the quality of the products. It is the strategical method which supports three major aspects of the management that are sales, marketing and service. In that situation, Asda needs to determine all such aspects in order to implement better CRM strategy. Decision Support System– The system that integrate tools and techniques that help the companies to assess helpful information and resolve business issues and conflicts in particular time and in effective manner. It is effective system which assist the management in analysing the situation and implementing best set of decisions. Knowledgemanagementsystem–Itismethodofapplyingknowledgefrompreviouspracticesand experiences through decision making process (Choo, 2010). The activities of decision making is highly significant in this process as all the possible is outcome is measured and monitored accordingly in order to take effective decisions.
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4.3 Ways that could improve the method of collection and storage of information There are various methods which can be use by an organisation to collect the data and store it in a better manner. For this, the organisation needs to identify the most suitable and beneficial method as per their business and working conditions. The management team is responsible for this identification and implication of process (Chakravorti, Daniels and Lassar, 2015). In respect to Asda which uses MIS system to manage, store, process and collect their business information. However, it is a helpful process in collecting and storing the data but, stills the company and their management could adopt various ways to improve the method of collection and storing the information. The advantageous ways of improving the method of collecting and storing the information are: Participation in social media– Considering the current trend of market and business environment of Asda, it is termed as the best method of attaining and assessing the source of effective information (Choo, 2010). In this method, the company needs to participate in all the activities of social media which is related with the business and market of Asda. The management team has to concern various post, comments and pictures that are depicting the information about Asda. The company needs to direct its efforts on users posting information on Facebook, Instagram, Twitter, etc.
Contd. Centralisation of data collection– The focus of the company is to attain helpful information from various perspectives and sources. In that case, the team has to centralise the information through various sources and then finally in the end, needs to address all the data at a single source and take appropriate actions. Introduction of a new storage system– It is also a helpful way of improving the method of data collection and analysing them to take best set of actions (Grönroos, 2014). For this, the company needs to introduce new system of storing the data like storing the data in two- way storage system, back up storage system, centralised storage system, etc.
CONCLUSION Thereportisconcludinginformationabouttheimportanceof communication and managerial skills. Both of the skills are highly significantingeneratingbetterandeffectivedecisionsforthe organisation. In addition to this, the report is articulating ways of management information systems and assessing sources of attaining meaningful data about the business and their operations.
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