Communication An Effective Management Tool
Communication in any venue is considered and important aspect of achieving a common goal. “An effective manager is one who has harnessed the ability to maintain a sustainable approach in maintaining enthusiasm and commitment from the team in achieving those set goals” (Blair, 1999, p. ... In business, most long conversations are considered wasteful; as a manager, you seek communication rather than chatter. To ensure efficient and effective conversation, there should be three considerations: · You must make your message understood. ... · You should exert some control over the flow of communication. ... OPEN BOOK MANAGEMENT – A STYLE OF COMMUNICATION Open Book Management (OBM) has been one of the latest management techniques to take corporate America by storm. ... OBM is one of several management practices within the “Ownership Culture” growing in popularity. ... “Open Book Management tends to focus more on reasons. Going beyond the more traditional management methods, it helps employees understand why they should be 3 concerned about their business’ performance. ... Open Book Management closes this gap. ... This requires top management support. ... “Without sharing the same information management has access to, employees cannot make or understand decisions. ... Open Book Management involves truly educating employees. ... “Management must identify those areas that have room for the most financial improvement and then empower employees to act” (p. ... “Meetings are held on a regular basis with open communication of results.