Behind any activity of management there is an objective.
Communication is also done with some objectives in mind such as:
1. Receiving or Passing Information:
Managerial decisions are to be based on right information
which may he either external or internal.
External information, being concerned with the
outside world, may relate to the following :
a.Demand for products in the market : Managers cannot
take production or marketing decisions without having this information.
b.Strategies of competitors: One who is ignorant
about the strategies of competitors may fail in business.
C, Supply of labour and raw-materials : A manager has
to have information about the sources of supply of labour and raw materials.
d.
Government policies : Ignorance about
government policies may be disastrous. An importer, for example, has to know
about the import policy of the government.
e.
Technological developments : No
business can run properly without having information about and installation of
latest technologies.
f.
Changes in tastes and fashions : Information
about changes in tastes and fashion help managers to keep pace with needs of
market.
Management has to collect such information in order to
reduce uncertainty in decisions. Dissemination of such information to concerned
people is also essential for the proper implementation of the decisions taken.
Internal information, on the other hand, generate
within the organization. They may relate to the following :
a.
Job performance of employees : Information
about job performance of employees is essential for managerial decisions
relating to employee training, promotion, etc.
b.
Disciplinary conditions in the work place
: Such information help management taking corrective actions.
C. Job assignments : Information relating to proper
job assignments ensure success of management.
d. Demand for employees, raw materials, machinery and
spare parts: These demands come from within and must be taken care of.
e. Need for money, etc. : Management has to be well
aware about the need for finance and such other things.
The sources of information may be
a. Company
records
b. Library
research
c. Observations
and interviews
d. Mass media
e. Meetings,
workshops, seminars
f. Exhibitions
and trade fairs
g. Internet,
etc.
In using information care should be taken about the following:
a.Is the information coming from a reliable source?
Is it complete? C. Is it timely / recent?
No comments:
Post a Comment