What is the cost of poor communication
Axios HQ calculated the cost of poor communication in its 2023 State of Essential Workplace Communication report. According to the report, ineffective communication costs organizations $2 trillion per year — or around $15,000 per employee in lost productivity.
4 communication strategies for leaders, from the report…
Seeking engagement and feedback from employees allows leaders to better understand their needs.
Communicating directly and providing as much context as possible helps employees understand “The Why” of their individual contributions.
Using regular surveys and polls to gather data on employee sentiment and satisfaction allows leaders to track the most effective means of communication.
Storing essential information in an organized and intuitive manner allows employees to efficiently access the insights required to do their jobs.
Placing organizational and interpersonal communication squarely at the center of your leadership strategy will save you time.
