According to a Towers Watson study, companies with highly effective communication practices enjoy 47% higher total returns to shareholders compared to organizations with poor communication. That’s a pretty incredible stat, yet so many companies refuse to believe that investing in their own internal communications is truly worth the effort. The saying, “People don’t quit businesses. They quit managers” comes to mind. Employee buy-in and commitment to work hard is the real-life consequence of this endeavor. Either companies are encouraging better communication or they are not. Take time to make sure your business is investing time into these 10 ways to improve internal communication. With such seemingly common-sense practices put in place, a business can greatly increase productivity, morale, and teamwork.
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