Effective Employee Communication Linked to Stronger Financial Performance
Effective Employee Communication Linked to Stronger Financial PerformancePR Newswire: Communication is a management skill that tends to get filed under the "warm and fuzzy" column. Nice, but not all that important. Yet according to a study by consulting firm Watson Wyatt, companies that communicate effectively with their employees financially outperform their less communicative peers. Improving communication efforts can result in a nearly 20 percent increase in a company's market value. The most profitable practice was driving managers to communicate effectively (3.8 percent increase in value).
ADDITIONAL READING:
SearchCIO.com: Project Expert: Straight Talk, Clear Channels
Richmond.com: Communication at Work: Six Tips for Getting Started
EContentMag.com: Connecting the Connectors
posted by Victor Lloyd Smith @ 5:06 PM
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