Communication in the Corporate World Research Paper

Communication in the Corporate World - Research Paper Example The survey found that 96% of the executives reported that today's employees must have good communication skills to get ahead (Ann Fisher, Fortune Magazine, December7, 1998. pp. 244) New studies show there is a high correlation between communication skills and income. Even among college graduates, those with higher scores in literacy (use of printed and written information) earn 47 percent more than lower scoring graduates earn (Paul T. Decker et al., Education and the Economy: An Indicators Report (Washington, DC Government Printing Office. 1997, pp. 131) "The ability to write and communicate your thoughts clearly in a presentation is the most essential skill you need to achieve any success in business. If you have a great mind and great thoughts, but you are not able to express them, it's very hard to be successful." The Wall Street Journal comments additional support to the importance of communication, "To stand out from the competition, you must demonstrate the unwritten requirements that are now most in demand: leadership and communication skills." (D. Perry. "Do You Have the Skills Most in Demand Today" Career Journal from 'The Wall Street Journal', 2002) Peter Drucker, recipient of the Presidential Medal of Freedom and one of the most respected management consultants, educators, speakers, and writers of our time, made those observations about communication: "Colleges teach the one thing that is perhaps most valuable for the future employee to know. But very few students bother to learn it. This one basic skill is the ability to organize and express ideas in writing and speaking. As soon as you move one step from the bottom, your effectiveness depends on your ability to reach others through the spoken or the written word. And the further away your job is from manual work, the larger the organization of which you are an employee, the more important it will be that you know how to convey your thoughts in writing or speaking. In the very large organization..the ability to express one's own is perhaps the most important of all the skills a person can possess" Peter Drucker They are just a few quotes and researches. The list is long. From this point onwards, it should be clear that good communication skill is one of the most important reasons for achieving success in your professional life. Whatever position you have in business, your performances will be judged largely by your ability to communicate. If you perform (and communicate) well, you are likely to be rewarded with advancement. And the higher you advance, the more you will need your communication ability. Communication enables human beings to work together. In a business, it is the vehicle through which management performs its basic functions. Managers direct through communication, coordinate through communication, and staff, plan, and control through communica