Improving Communication Process at SPL

Task 2
2.4 Introduction
• Decision making holds great importance for the success or failure of the business and SPL
also ensures that the right and most effective decisions are taken by their management so as to
increase their profits and sail through tough and challenging situations such as competing with
online competitors.
• Therefore, the following presentation would discuss that how relationship with the
stakeholders can be improved.
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Strategy implementation
• Helps to achieve its long-term goals or objectives.
• Aid the business in making higher profits, competing with the rival companies and achieving
increased sales for the business
• Once the businesses identify the profit drivers, they progress to make strategies to capture
them.
• This is so because of the benefits that are associated by engaging them with the organization,
SPL.
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Strategies for Improvement
• The suggestions for improving the communication with the stakeholders are as follows:
• Arrange for regular meetings
• Involve the primary stakeholders in policy making
• Fulfilling their needs
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• Keeping the stakeholders informed about the business processes.
• Focus on tapping the different capabilities of the stakeholders
• Open communication so as to learn about their contributions to the organization.
• Star Printers Limited should work closely with building networks and alliances with the
stakeholders.
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