How Organizational Communications Impact Financial Performance Term Paper by scribbler

A discussion on how improved organizational communications can lead to higher levels of profitability.
# 152180 | 1,083 words | 8 sources | APA | 2013 | US


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Description:

The paper explains how companies whose organizational communications skills are at an advanced level of maturity are able to transform their knowledge and accumulated experience into a competitive advantage. Furthermore, the paper identifies four critical success factors that include the long-term orientation of the organization, network governance and standards definition, selective use of IT to attain greater levels of efficiency and performance through automation, and support for inter-organizational communication through informal channels and adoption of collaborative technologies, and discusses how they will impact an organizations' ability to transform organizational communication into long-term profitable growth. The paper concludes that organizational communications need these critical success factors to thrive over time and reduce operating costs while increasing customer loyalty and revenue.

Outline:
Introduction
The Relationship between Organizational Communications and Profitability
Conclusion

From the Paper:

"The determinants of an organizations' ability to transform organizational communication into long-term profitable growth has been correlated to four critical success factors. These factors include the long-term orientation of the organization, network governance and standards definition, selective use of information technologies (IT) to attain greater levels of efficiency and performance through automation, and support for inter-organizational communication through informal channels and adoption of collaborative technologies (Paulraj, Lado, Chen, 2008). The ability of an organization to create and sustain a culture that deliberately takes a long-term orientation to communication processes and systems has a significantly greater probability of attaining profitability (Paulraj, Lado, Chen, 2008). A long-term orientation forces a level of discipline and process-based focus into organizational cultures, which enables them to be more effective in redesigning process and system workflows over time. When organizations adopt a long-term orientation they also find that they are more capable of change management strategies that deliver lasting results (Paulraj, Lado, Chen, 2008)."

Sample of Sources Used:

  • Almeida, M., & Barbosa, R.. (2009). Ontologies in knowledge management support: A case study. Journal of the American Society for Information Science and Technology, 60(10), 2032.
  • Jeffrey H Dyer, & Kentaro Nobeoka. (2000). Creating and managing a high-performance knowledge-sharing network: The Toyota case. Strategic Management Journal: Special Issue: Strategic Networks, 21(3), 345-367.
  • Joan F. Marques. (2010). Enhancing the quality of organizational communication :A presentation of reflection-based criteria. Journal of Communication Management, 14(1), 47-58.
  • Peter Massingham, & Kieren Diment. (2009). Organizational commitment, knowledge management interventions, and learning organization capacity. The Learning Organization, 16(2), 122-142.
  • Tim O'Reilly. (2006, July). Web 2.0: Stuck on a Name or Hooked on Value? Dr. Dobb's Journal, 31(7), 10.

Cite this Term Paper:

APA Format

How Organizational Communications Impact Financial Performance (2013, January 10) Retrieved September 18, 2020, from https://www.academon.com/term-paper/how-organizational-communications-impact-financial-performance-152180/

MLA Format

"How Organizational Communications Impact Financial Performance" 10 January 2013. Web. 18 September. 2020. <https://www.academon.com/term-paper/how-organizational-communications-impact-financial-performance-152180/>

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