Corporate Meetings
February 12, 2025
One of the big ideas being bandied about in recent times is the interaction of strategy, leadership, and the soul of organizations which when they work in tandem can create exceptional leaders in the 21st century business landscape. This is the premise of the book by Sertl and Huberman who have theorized that for leaders […]
The coronavirus pandemic has brought the focus on to the operations of the insurance as well as the reinsurance sector. The performance of this sector was considered to be key in order to ensure that the economies of many countries stay afloat during this period. It is for this reason that the taxation of reinsurance […]
Why Spirituality and Business are not incompatible and what Buddhism can teach us? Often, we think that spirituality and business are mutually incompatible and hence, are separate and distinct means to ends. While the former preaches abstinence and rejection of worldly pleasures, the latter focuses on making money as the end to which all means […]
Many experts tend to look at reinsurance as a homogenized industry. The idea is that reinsurance companies sell insurance covers to commercial insurance companies. Many experts assume that since all cedant insurance companies are commercial in nature, they have similar needs for reinsurance. However, this is not the case. The market for reinsurance is not […]
Negotiations are Part and Parcel of our Daily Lives Negotiations are part and parcel of our lives. Whether it is bargaining with the vegetable vendor or haggling with the butcher, we are all exposed to negotiations as part of our existence. Thus, one cannot but master negotiating skills if one to has to navigate the […]
Receivers are not just passive absorbers of messages; they receive the message and respond to them. This response of a receiver to sender’s message is called Feedback.
Sometimes a feedback could be a non-verbal smiles, sighs etc. Sometimes it is oral, as when you react to a colleague’s ideas with questions or comments. Feedback can also be written like - replying to an e-mail, etc.
Feedback is your audience’s response; it enables you to evaluate the effectiveness of your message. If your audience doesn’t understand what you mean, you can tell by the response and then refine the message accordingly.
Giving your audience a chance to provide feedback is crucial for maintaining an open communication climate. The manager must create an environment that encourages feedback. For example after explaining the job to the subordinated he/she must ask them whether they have understood it or not. The manager should ask questions like “Do you understand?”, “Do you have any doubts?” etc. At the same time he must allow his subordinated to express their views also.
Feedback is essential in communication so as to know whether the recipient has understood the message in the same terms as intended by the sender and whether he agrees to that message or not.
There are lot of ways in which company takes feedback from their employees, such as: Employee surveys, memos, emails, open-door policies, company news letter etc.
Employees are not always willing to provide feedback. The organization has to work a lot to get the accurate feedback. The managers encourage feedback by asking specific questions, allowing their employees to express general views, etc. The organization should be receptive to their employee’s feedback.
A manger should ensure that a feedback should:
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