Corporate Meetings
February 12, 2025
In the previous few articles, we have studied about the concepts of risk management in general. However, merely understanding general risk management is not enough for modern-day risk professionals. The challenging environment of today requires people to specialize in the different types of risk management. Out of all the different types of risks that are […]
The Behavioural Approach came into existence during early twentieth century as a response to the then much discussed about Psychoanalytic theory. Since, Psychoanalytic theory lacked scientific approach and could not be subjected to experimental techniques for making predictions. On the other hand, behaviourists reckoned that different behavioural predispositions can be explained scientifically. Behavioural approaches have […]
There have been many advances in the field of credit management. Mark to market accounting is one such innovation. Mark to market accounting is now commonly used by many organizations to manage their credit risks. In this article, we will understand what the concept of mark to market is and how it helps in managing […]
Current is the era of a new breed of enterprises – startups that can easily disrupt big existing companies. While startups majorly focus on penetrating the new markets and adapting themselves just when time demands, the existing businesses are busy fighting the internal battles over power and resources. And probably this is what that keeps […]
A group heading towards a common objective will perform best when it is motivated as a team. Team motivation is determined by how well the team members’ needs and requirements are met by the team. Some tips for effective team motivation are as follows: The team’s objective should well align and synchronize with the team […]
Communication is a process beginning with a sender who encodes the message and passes it through some channel to the receiver who decodes the message. Communication is fruitful if and only if the messages sent by the sender is interpreted with same meaning by the receiver. If any kind of disturbance blocks any step of communication, the message will be destroyed. Due to such disturbances, managers in an organization face severe problems. Thus the managers must locate such barriers and take steps to get rid of them.
There are several barriers that affects the flow of communication in an organization. These barriers interrupt the flow of communication from the sender to the reciever, thus making communication ineffective. It is essential for managers to overcome these barriers. The main barriers of communication are summarized below.
A same event may be taken differently by different individuals. For example: A person is on leave for a month due to personal reasons (family member being critical). The HR Manager might be in confusion whether to retain that employee or not, the immediate manager might think of replacement because his teams productivity is being hampered, the family members might take him as an emotional support.
The linguistic differences also lead to communication breakdown. Same word may mean different to different individuals. For example: consider a word “value”.
“Value” means different in different sentences. Communication breakdown occurs if there is wrong perception by the receiver.
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