Managing Communication in Business
12 Pages4558 Words140 Views
Added on 2019-12-03
Managing Communication in Business
Added on 2019-12-03
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MANAGING COMMUNICATION
Table of ContentsIntroduction..........................................................................................................................................3Task 1....................................................................................................................................................31.1 Represent of the different decisions to be made for the corporation.........................................31.2 Identify information and knowledge is needed to make the decisions in relation to starting up a new business.................................................................................................................................41.3 Represent internal and external sources of information with proper justification ....................41.4 Suggest any improvements in the methods used in the selection and analysis of information needed for business start ups...........................................................................................................52.1 Represent list for stakeholders for the decision making process and how the corporation contact them regarding to start new business.........................................................................................................................................................52.2 Which methods you would utilize to make a business relationship with these selectedindividuals.......................................................................................................................................62.3 A strategies to associate the identified people in the decision making process for example pricestrategy and location strategy applicable for this business initiation...............................................62.4 Represent strategy for future improvements in this process......................................................6Task 2....................................................................................................................................................73.1 Determine the present processes of communication in given case study and describe the various communication procedures available to a small voluntary organisation............................73.2 Recommend the plan to improve the appropriateness in the firm.............................................73.3 Howmanagement of firm can ensure integration of systems of communication...................................83.4 Make a personal plan to improve own communication skills...................................................84.1 Identify existing approaches tocollection, formatting, storage and dissemination of information and knowledge in the firm.......94.2 Recommend improvements to the organisation’s existing approaches tocollection, formatting, storage and dissemination of information and knowledge.......................104.3 Suggest methods by which this corporation can improve its access tosystems of information and knowledge........................................................................................10Conclusion..........................................................................................................................................11References...........................................................................................................................................11
INTRODUCTIONManaging Communication is managed planning, controlling, implementing as well asassessing of communicating process in the firm. It is necessary for corporation to arrange the dailydealings of specific department by utilizing interaction approaches (Snyde and Partridge, 2013).The present report is on XYZ enterprise and a Political Activist organisation. XYZ is a new retailcompany which wants to set its retail business in the cities of UK. Report defines a list of internaland external sources of information of the firm. It also introduces about the roles of stakeholders inthe decision making process in the company. On the other side, Small political Activist is anenterprise which gives social service to citizen of United Kingdom. Further, this report representsthe development of communication process in the both organisation.TASK 11.1 Represent of the different decisions to be made for the corporationDifferent type of decisions help e XYZ Company to establish new retail business in theUnited Kingdom. These are as follows:Strategic Decision- This type of decision helps company to develop different type ofdecision such as marketing, financial, operational to create new market strategies to earnprofit (Bronn, 2014). On the basis of these decisions, top level managers can make policesand regulations to start new retail business in UK.Tactical Decision- It is handled by middle level managers in XYZ Company. Theseemployees design proper guideline to implement functionality twhich is made by top leveldirectors in the firm.Operative Decision- It is managed by lower level managers in the organisation like divisionin charge (Burström and Wilson, 2014). Mainly, work of operational leader is conducting ofschedule for day to day jobs and makes strategy for selling and buying product in XYZfirm. 1.2 Identify information and knowledge is needed to make the decisions in relation to starting up anew businessOrganisation is needed many information regarding customer, competitors, suppliers as wellas location for opening of store in the United Kingdom. It is required for XYZ to get knowledgeabout the needs, taste and lifestyle of customers. This type of data helps organisation to make newproduct in the retail market. Enterprise also needs information like selling of its materials, strategiesand promotional schemes of its rivals in the specific business (Massingham, 2014). This processhelps XYZ to make its counter plan to start new business in the retail market. Company needs
information regarding the list of best suppliers in the United Kingdom. These vendors aid firm tosupply good raw materials in fewer prices. This thing also helps company to earn good profit in themarket.1.3 Represent internal and external sources of information with proper justification Internal and external sources of information give better knowledge which aid firm toestablish new retail business in the country. Internal SourcesHRIS (Human Resources Information System)- This approach provides knowledge aboutthe problems related to new product development in XYZ (Ballester, Navarro and Sicilia,2012). Staff members of enterprise also suggest new ideas and concepts to solve thesecomplexities.External SourcesMarket Research- It plays an important role in XYZ to know about the demand ofconsumers exist in the market. It helps to find out information regarding the customer’srequirements, trends and lifestyle in order to develop new strategies. Suppliers- Vendors also aid organisation to show various quality of raw material. This typeof information contributes an effective role to develop effective product in the retail marketof UK (Halbesleben, Cox and Hall, 2011).1.4 Suggest any improvements in the methods used in the selection and analysis of informationneeded for business start upsThere are many improvements in these methods for selection and analysis of informationwhich is needed for business initiation in the UK. Organisation can get optimistic knowledge veryfastly with the help of new approaches. Organisation can use brainstorming and face to face interaction process for its employees.Former process can help XYZ firm to find out better information from employees. Personal meetingalso aids enterprise to know about views and opinions of staff members regarding the starting ofnew business in UK (Mazzei, 2014). This process greatly improves the selection and analysis ofinformation to initiate new retail store in the city. XYZ can improve the efficiency of external sources through adopting the method of marketresearch. Corporation can conduct E-survey and sampling method by sending questionnaires toconsumers with the help of mails which can provide effective results to the company by takingfeedback from them (Saorín and Martínez-López, 2013). This process also saves many expenses of
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