Mar 22, 2014
Posted in Business Communication
Significance of Communication in the Business Arena
In business, communication skill is the basic mantra of success and client satisfaction should be the perfect attitude. The business owner or the management has to communicate with the clients and they have to maintain a certain communication level. Client sometimes inquires about a product and its availability. The conversation should be very polite and mannered. Client should not be dissatisfied with the conversation. This makes the company - client relationship stronger. The attitude in conversation should always be “client satisfaction.” A normal communication should be “Good afternoon, Sir, what can I do for you?’ [...]
Mar 13, 2014
Posted in Advertising
Advertising on television channels
Television is today the best medium to approach the masses. Any type of message to be brought into public’s attention is possible via television today. Gone are the days when the television had only 1 or two local channels and programs were telecast for a limited number of hours. All the advanced countries now have television on almost 24x7. Thus television is now becoming the media to reach the public even for advertisement purposes. Cable or private operators offer hundreds of various channels, movie channel, channel for serials, sports channel, music channel, news channels and many more.
Each person [...]
Mar 6, 2014
Posted in Business Ethics
Ethics for writing email
Today, e-mail has become the powerful means for business communication. E-mailing has replaced postal letter and telegraphs almost totally. But while writing an official mail, you should follow some ethics or morals.
The first thing to remember is to be clear and concise in your matter. Most of the business professionals receive hundreds of mails daily and they get exhausted reading all the mails, and if your mail is unnecessary long and too much descriptive, the receiver will just ignore it. So you must be very concise and clear in your matter in such a way that the message is conveyed to them but very concisely.
Email [...]
Feb 22, 2014
Posted in Organizational Theory
A Diminishing Concept in Modern Organizations
Coteries have been playing important part in the business organisation since ages as they are the eyes and ears of the management play the role trusted confidants of the promoters of business and this coteries provide all the relevant information unfiltered to the management, which they collect meeting and interacting people at work places or during coffee breaks, and this helps the management to revise and devise the strategy for the work force constantly.
However with passage of time, the concept of Coterie is losing ground, for the managements have analyzed and evaluated that the information passed by these confidants [...]
Jan 29, 2014
Posted in Leadership
Know The Secret To Be An Efficient Leader
Skilled leadership is not a rocket science, but the science of handling adverse, awkward situations with grace, style and achieving the desired results.
Leadership is based on interactions and key to these is anticipating the other person’s point of view, and the important fact is that you don’t have to judge and analyze his reaction instead your reaction to the situation needs to be evaluated.
There are times when a leader needs to get directly to the core of the issue but if the questions elicits little or vague information, then the best course of action is to probe the questions further and presume there are problems [...]
Dec 24, 2013
Posted in Organizational Theory
Factors Which Determine the Organizational Theory
The key factors that determine the organisational theory are formatted on the dynamics of the size of the business, for instance larger businesses tend to need more formal structures with respect to professional roles so that the chains of command and communications are clear and specific.
If the business has a diverse product range, possibly needing very different marketing strategies, then each product might need a separate division, or where the technology of production moves at a rapid pace, a more responsive task- oriented structure would be viable.
A highly skilled work force might resent a formal or rigid hierarchy, [...]
Dec 10, 2013
Posted in Business Goals
Mission Statement and Vision Statement: The Pillars of Business Goals
The business goals can be set out in its two defining statements – Mission statement and Vision statement.
Mission statement is a short statement that clearly sets out the business ethics, values, beliefs and the culture of the business and it should be a reflection of the corporate goals.
Vision statement is more about the future direction and the broad goals of the business, whereas mission statement is based on the present situation.
However setting up of realistic and logical goals for the business provide a focus to the working team top from the senior management down to the peon, to working in a winning environment [...]
Nov 14, 2013
Posted in Business Communication
The Power of Strong and Effective Business Communications
Business communication has the potential to make you successful professionally and in the process make personal gains, and it is important to master the art of communicating these days.
Effective business communications demonstrates your ability to perform and achieve the desired goals and targets and at the same time proves your connection building capabilities and enhances your personality to fit in the business culture, and gives you a head start in the ruthless business world.
Strong Business communications have the power strike up an instant rapport and create an harmonious business environment which will impact [...]
Oct 24, 2013
Posted in Branding
Strategies For Effective Branding in the Corporate World
Branding today dominates the sales volume of any business all over the world and process of branding the goods and services plays a very important role in any business strategy.
Branding today is a process by which the promoter of the product ensures that it is easily identifiable through a name, a symbol, or a logo, its design or distinctive packaging and this achieved by aggressive marketing using print media, Television adverts, hoardings, cinema, trade shows, displaying the products at the location where there high foot falls like stations, airports, malls, hotels.
The benefits of branding are immense as the consumers [...]
Oct 9, 2013
Posted in Business Marketing
Marketing Strategy: An Integral Phase of Marketing
Once the smart-marketing objectives are set by the company and it has a clear idea of its own product base and the environment in which it operates which is determined by marketing audit and marketing analysis, it must initiate a process to devise a long term marketing strategy to achieve the desired goals.
Marketing strategy is purely based on two principles – who is the consumer and therefore who is my target market?
Some of the companies opt for “Niche Marketing”, where they choose to find a market, where very few of their competitors operate, and certainly none of the big players in the same segment exist [...]
