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REPORT ON COMPANY COMMUNICATION
REPORT ON COMPANY COMMUNICATION
SUBMITTED BY:-
NAME:- ROHIT KUMAR
ROLL NO :- 22230MOM030
SUBJECT:-VIVA VOCE (307)
OF
BACHELOR OF VOCATION
IN MODERN OFFICE
MANAGEMENT
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corporate communication
Table of Contents
1. INTRODUCTION.............................................................................................................................3
2. What Is Corporate Communication?.............................................................................................3
3. What Are the Types of Corporate Communication?......................................................................3
3.1 Internal Communication..............................................................................................................3
3.2 External Communication.............................................................................................................4
4. Why Is Corporate Communication Important?..............................................................................4
4.1 Communication Supports Crisis Management.............................................................................5
4.2 Internal Communication Builds Company Culture......................................................................5
4.3 Communication Helps Businesses Grow Their Audience.............................................................6
5. Digital Corporate Communication Strategies................................................................................6
5.1 Video-conferencing.....................................................................................................................7
5.2 Project-Oriented Transactional Communication.........................................................................7
6. Common Organisation Issues and How to Resolve Them..............................................................8
6.1 Get Organised and Increase Productivity.....................................................................................8
6.2 Break Down Silos.........................................................................................................................8
6.3 Create a Culture of Transparency................................................................................................9
7. Which Corporate Communication Strategy Does My Business Need?..........................................9
8. 5 Steps to Set up Your Corporate Communication Process...........................................................9
9. Final Thoughts.............................................................................................................................12
REFERENCES........................................................................................................................................13
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corporate communication
1. INTRODUCTION
Corporate marketing communications are about how organisations interact with various
stakeholders through internal and external communications.
With the average employee spending 50-80% of their workday communicating with others, there’s
no question that both internal and external communication is tremendously important in our daily
lives.
That’s why psychologists tout the importance of having an effective communication style in personal
and professional relationships.
2. What Is Corporate
Communication?
Corporate communication strategies are all about how organisations interact with external audiences
and internal stakeholders, including a company’s own employees.
Northeastern University names some of these stakeholders as “customers and potential customers,
employees, the C-suite and investors, the media and the public, government agencies, and third-
party regulators.” Corporate communication covers a broad range of responsibilities
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corporate communication
Internal communications can be formal or informal and involve many employees or just a
few.
The way your teams communicate internally is important. The right corporate comms
motivates employees and contributes to your company’s employee engagement
and corporate culuture.
External communication doesn’t always mean issuing a formal announcement or a press release. In
the age of social media, most businesses can effectively communicate with consumers in a more
relaxed way using tools like Twitter.
Both formal and informal external communications should be considered in your corporate
communication strategy as either can impact your company’s brand image.
Internal communications are the key to building a strong company culture. In contrast, external
communication can showcase your brand promise to the right target audiences, winning you brand
ambassadors and boosting your image worldwide.
Here are some real examples from the business world that show why internal and external
communication is important for businesses.
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corporate communication
For any business, internal and external communications are important in times of crisis.
Internal communications ensure everyone is on the same page about the situation, allowing
leadership to communicate directly to the stakeholders that require input. In contrast,
external communications can help convey the right message to the public.
One example of successful crisis management comes from Maple Leaf Foods in Canada.
When a listeria outbreak was linked to its products, they managed the crisis using a clear
communication strategy.
The CEO publicly apologised, the company quickly acted to recall the items, and the tone of
their messaging was transparent and accountable throughout.
Collaboration in and between teams also helps to strengthen company culture and should
also be factored into a company’s communication strategy.
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corporate communication
Employee satisfaction and the culture of the business can be some of the most valuable
resources in attracting the right talent and outperforming competitors.
A survey by Deloitte showed that 82% of CEOs and HR leaders believe culture is a potential
competitive advantage.
To streamline your organisation’s communication strategy, you’ll need to ensure that it aligns with
your business strategy, meeting the objectives you’ve set for the organisation, uniformly enticing
partners whilst looking to reach a large audience of customers and employees with any other
stakeholders.
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corporate communication
This requires a great deal of forward planning and a great tool or two to help the execution. Here are
just a few of the tools companies are currently using for communications within an organisation.
5.1 Video-conferencing
Video-conferencing offers
many perks of face-to-face
collaboration (body language, visual impact) with the added convenience of working from
anywhere.
Some of the most popular tools for video-conferencing include Zoom, Skype, Google
Hangouts, and Microsoft Teams.
Despite its many benefits, video-conferencing also has its drawbacks. Some workers report
experiencing ‘Zoom fatigue’ because video calls require more focus and added screen time
than face-to-face contact.
These corporate
communication methods may
be more comfortable for
introverted employees, and
they can save time as opposed to meetings.
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corporate communication
According to McKinsey, email interaction is so popular that the average employee spends
28% of their workweek managing it.
However, some employees and executives choose to structure their day by putting aside a
certain amount of dedicated time for internal communication like email or checking their
messages.
Here are some specific ways communication can help your corporate culture.
Streamlining your corporate communication efforts will lead to a more organised working
day. If stakeholders know precisely when and where to expect communications from your
business, they can focus their time on them only when needed.
Look to organise your messages to ensure that team members are not missing any crucial
updates. Organising your comms correctly reduces time spent searching for information,
increasing productivity.
Some types of work require uninterrupted focus. The more time workers spend switching
between tasks (or context switching) because they can’t find information, the less time
they’ll be able to spend on focused work.
Effective communication can help you break down silos and increase collaboration within
your company.
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corporate communication
Studies have shown that companies which promote collaborative working are up to five
times as likely to be higher performing. Leaders also recognise that collaboration is vital;
about 75% of CEOs believe it’s just as important as innovation.
Transparency is very important to employees. In fact, 50% of workers feel their company is
being held back by a lack of transparency, and 70% say they’re most engaged in their job
when senior leadership regularly communicates their business strategy.
Lack of trust is another cultural problem that you may solve with better communication.
One factor to consider is that a remote work environment can increase communication stress. Since
employees can’t walk up to each other to communicate in person, all communication needs to be
online.
It’s therefore essential to invest in the right tools for remote teams, especially since remote
employees may sometimes feel isolated or excluded.
Most businesses use different communication methods, including video-conferencing, email, chat,
and social platforms.
While diversity in communications can be a good thing, it can also get confusing. There are real
benefits to using a centralised platform like a social intranet.
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corporate communication
As with most forms of business planning, the first step is to understand your goals for your
internal and external communications.
Are there existing problems that need to be solved? If you’re already conducting pulse surveys,
perhaps employees have been voicing their opinions about issues (such as a lack of transparency
in the workplace or difficulty finding information).
If no particular problems stand out, brainstorm a list of corporate communication goals for your
company within the following year. Pick a small number (three to five) out of that list to
prioritise.
The next step is to decide who will ‘own’ your communications strategy.
This may be several different people. However, ideally, these people should collaborate and be
aligned with the communication goals defined in Step One.
C-suite roles and HR managers are typically responsible for internal corporate communication,
while marketing and PR specialists manage external communication.
Once you’ve decided who is responsible for your strategy, it’s time to create a detailed plan for
communications across your business.
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Chances are, you already have communications infrastructure in place. However, this is the
perfect opportunity to evaluate what’s working and what’s not and see if the budget allows
further investments that could streamline communication.
The last step is to apply your plan ‘in the field’. If you need to restructure departments,
implement new tools, or put into place a monthly communication schedule, this is the point
where you can do that.
Don’t forget to include regular re-evaluations of the plan as part of your strategy to see
what’s working and what’s not.
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9. Final Thoughts
Corporate communication is a broad term, and it can mean anything from social media posts and
Zoom meetings to corporate memos.
What these forms of communication have in common is they make up the fabric of your business.
Your internal culture and your external brand define who you are as a company.
Communication is a crucial part of all relationships in our lives, from friendships and romantic
partnerships to parenting. Business relations are no exception. With this in mind, corporate
communication is undoubtedly worth your attention, time and investment.
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REFERENCES
https://www.workvivo.com/blog/corporate-communications/#corporate-marketing-
communications-are-about-how-organisations-interact-with-various-stakeholders-through-
internal-and-external-communications-here-we-explore-some-best-practice-examples
https://www.researchgate.net/publication/
250927761_Corporate_communication_and_corporate_marketing_Their_nature_histories_d
ifferences_and_similarities
https://en.wikipedia.org/wiki/Corporate_communication
https://www.gcu.edu/blog/language-communication/what-corporate-communications
https://graduate.northeastern.edu/resources/what-is-corporate-communications/
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