Effective communication is critical to business success. When leaders are able to communicate effectively with employees, work is completed more efficiently and objectives are met. When employees communicate more effectively among themselves, and more importantly, with customers, results are achieved and companies experience a healthier bottom line.
What’s more, effective communication correlates directly with high levels of employee engagement and satisfaction. Here are some statistics that shed light on the true importance of effective communication in the workplace:
Companies that have demonstrated highly effective employee communication have been able to generate 48% higher shareholder returns
Organizations with effective communication are 2.5 times more likely to outperform their competitors
The cumulative cost per employee, per year due to productivity losses that result from poor communication, is $26,041 (for an organization with 500 employees this represent over $1.3 million in productivity loss)
Organizations with approximately 100 employees spend 17 hours per week, on average, experiencing downtime as a result of poor communication
How effective is communication in your business?
When it comes to organizational success, the keystone is employee engagement. However, high levels of employee engagement are not possible without effective communication in the workplace. As a leader in your organization, effective communication in the workplace starts with you.
When effective communication is established in the workplace:
Morale Increases – People simply understand each other better, and they feel better understood by others. This gives people more confidence as individuals, but it also improves how they feel as members of a team working towards a common goal.
Ideas Are Shared More Willingly – Individuals are open to sharing ideas because they know they will be heard and encouraged to share openly. A culture of creativity and collaboration is formed resulting in improved teamwork and effectiveness.
Improved Team Support and Enhanced Performance – Greater understanding of the needs and challenges faced by each team member and a willingness to work together to achieve the desired outcomes.
More Effective Teamwork – When everybody understands what their role is and what is expected of them, there is less confusion and misunderstanding in the workplace. What’s more, when everybody understands the roles performed by others, an organization operates more as a cohesive unit instead of a collection of separate departments..
In our three-hour workshop we will share insights and approaches for fostering effective communication in the workplace. It will help you create a much more open environment where employees feel more engaged.
Results that teams and individuals achieve through the workshop:
Learn more effective ways to communicate with others
How to create engagement and buy in
Gain insight into the power of listening and asking empowering questions
Prevent and better handle misunderstandings
Lead more productive discussions and meetings
Results that companies achieve through the workshop:
Improved performance across metrics due to team buy-in and an increased sense of engagement among team members
Improvements in employee engagement and reduced attrition
The ability to exceed customer expectations through growth and team work
Cultivate a culture of accountability and ownership at all levels in the organization