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Processes of Communication in an Organization

Added on - 28 Jan 2020

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STUDENT NAME:STUDENT ID:SUBJECT CODE:ASSIGNMENT NAME:MANAGINGCOMMUNICATIONS1
Table of ContentsIntroduction......................................................................................................................................3Task 1: Assessment of necessity of information and knowledge....................................................4LO 1: Information and knowledge necessity assessment................................................................41.1 Decisional responsibility regarding the concerned process.......................................................41.2 Evaluation of importance of information and knowledge in effective decision formulation....41.3 Various sources of information.................................................................................................51.4 Justification of improvement recommendations......................................................................6LO 2 Creation of personal involvement strategies to expand the decision making process...........72.1 Identification of the stakeholders for the process of decision-making......................................72.2 Contacting the identified stakeholders and development of business.......................................82.3 Stakeholder involvement in the decision formulation process..................................................82.4 Designing of improvement strategies........................................................................................9Task 2...............................................................................................................................................9LO3..................................................................................................................................................93.1 Processes of communication in an organization........................................................................93.3 Implementing improvements to make sure about the greater integration of systems ofcommunication in that organization..............................................................................................113.4 Designing a plan to develop personal Communication...........................................................11LO4................................................................................................................................................124.1 The approaches to store, collect, format and dissemination the knowledge and information.124.2 Providing changes to develop the collection, formatting, storage and dissemination ofinformation and knowledge...........................................................................................................134.3 Implementing a strategy to improve access to systems of information and knowledge.........14Conclusion.....................................................................................................................................15Reference List................................................................................................................................162
IntroductionManagement of communications within the framework of any business organization is one of themost crucial elements of organizational sustenance, which ensures the proper utilization of thestrengths and assets, which are available to the concerned organization. The following thesisstudy focuses on the various facets of management of organizational communication andexplores the various features of the application of knowledge and information in the process ofbusiness functioning which are undertaken by various corporate organizations.Task 1: Assessment of necessity of information and knowledgeLO 1: Information and knowledge necessity assessment1.1 Decisional responsibility regarding the concerned processOrganizational knowledge & management:The concept of knowledge and themanagement of the same involve the systematic organizational process of utilization of theinformation-based assets to create and add value to the organizational output through theproper synthesis and manipulation of the accumulated knowledge regarding the business processdisciplines in which the respective organizations could operate.Organizational knowledge isconsidered as a specific type of company asset and it is not possible to attach any value to thisasset in the monetary considerations. Organizational knowledge always involves theaccumulation and synthesis of the institutional and individual data from various organizationalsources and this process leads to the determination of the actual mechanism of decisionformation regarding the prioritization of business objectives of the concerned corporate entities(Hsu and Chang, 2014, p.135).Range of required decisions:The longitudinal and the latitudinal decision formulationprocesses in any organization involve the various strategic considerations regarding the businessnecessities in the current hyper-competitive market scenario and the creation of value-enhancedassets for the organization. Apart from these, the various other decision requirements deal withthe initiatives regarding the utilization of specific systems and coordinated efforts to achievegreater growth propensity both internally and externally of the organizational architecture (Liuetal.2014, p.642).3
1.2 Evaluation of importance of information and knowledge in effectivedecision formulationCompetitive advantages in the current market scenario are dependent on the organizationalefforts of utilization and development of the material and human resource assets of anyorganization. Without such initiatives, the organizational existence in the competitive marketbecomes transient at best. This entire process of business development involves the utilizationand management of the most productive knowledge regarding the best possible methods of profitmaximization. The fulfillment of this requirement necessitates the input of the accurateorganizational information regarding the growth and proper management prospects, which anycompany can access and utilize to gain competitive advantage on the market rivals. Knowledgeand information are both intangible organizational assets which involve a range of variousfactors such as the experience of employees and researcher, ideas, incontrovertible andcontextual facts and figures regarding the business disciplines, expertise and judgment regardingmanagerial responsibilities and insights regarding the situational imperatives which govern andshape the business decision formulation process (van den Berg, 2013, p.166).Importance of Information and Knowledge in the organizational decisions:The vitality andsignificance of availability of proper knowledge and information regarding management decisionformulation is evident from the fact that the management of information and knowledge are thecore constituents of any decision formulation process. The utilization of the accumulatedinformation and the synthesized knowledge entails the complete encompassing of the entirerange of management dynamics of the organizational resources, including the material and thehuman assets, to introduce the modifications and adjustment of the existing business processdevelopment to better suit the market realities. Such knowledge and information structures aregenerally integrated into organizational processes (Duffield and Whitty, 2015, p.320). This thenleads to the profound impact on the shaping of the organizational culture, structure and workpatterns.1.3 Various sources of informationSignificance of Information sources:Business organizations require proper informationand knowledge to survive in the market environment. A combination of internal and externalresources feed information to the business organizations and the same sources also assists thecorporate entities in the synthesis of the necessary knowledge for the utilization in the business4
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