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Crossroads 2024: Economic Stagnation or Productivity-Driven Future?
As we stand at the threshold of 2024, the global economy teeters on the brink of two divergent paths: one leading to economic stagnation and the other to a future of productivity-driven abundance. The choices made by business leaders today will determine which path we take. The recent McKinsey report highlights the potential for a […]
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The Great Reshuffle: Navigating the New Norm of Work in 2024
As we delve into 2024, the echoes of the ‘Great Resignation’ still resonate in the corridors of global workplaces. The phenomenon that saw a staggering 47 million Americans voluntarily leave their jobs in 2021 seemed to be a precursor to a more stable era, dubbed the ‘Great Stay.’ However, recent findings from LinkedIn and Microsoft […]
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Causes and Effects of Poor Communication in the Workplace
Communication is the bedrock foundation of both personal and professional relationships. The difference between good communication and poor communication in the workplace often separates highly functional and highly dysfunctional experiences. When communication falters, it can have significant consequences for organisations.
Causes of Poor Communication in an Organization
Lack of a Clear Objective:
Clarity is essential in communication. When […]
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THE COST OF POOR COMMUNICATION IN BUSINESS
A recent study conducted by Agility PR Solutions in partnership with The Harris Poll has shed light on the staggering impact of poor communication within businesses. The report reveals a startling figure: a whopping $1.2 trillion is lost annually among businesses due to ineffective communication practices.
The implications of this study are far-reaching, highlighting the pervasive […]
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The High Cost of Ineffective Communication in Businesses
Effective communication is crucial. Yet, many organisations fail to recognise the steep cost of poor communication. The SHRM article “The Cost of Poor Communications,” which you can read here, sheds light on the substantial financial losses and broader impacts businesses face due to communication failures.
Astronomical Financial Implications
The article reveals a startling statistic: a survey of […] -
Strengthening Business through Effective Communication: Insights from Gallup
Communication remains a cornerstone of organisational success. Gallup’s insightful article, “Companywide Communication: Key to Strengths Development,” casts light on the profound impact of effective communication in developing employee strengths and driving business performance. This post delves into the key findings and implications of this crucial research.
The Power of Communication in Strengths Development
Gallup’s research, accessible here, […]
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Unleashing Potential: How Employee Engagement Transforms Business Performance
In the business landscape, the significance of employee engagement is paramount. Gallup’s comprehensive research, “The Benefits of Employee Engagement,” provides pivotal insights into how engaged employees are fundamental to the success of companies, directly influencing crucial performance outcomes such as customer loyalty, profitability, productivity, and staff turnover.
The Correlation Between Engagement and Performance
Gallup’s study, which can […]
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