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also  help  a  company  retain  its  star  employees.  Surveys  find  that  when  employees
               think their organizations do a good job of keeping them informed about matters that
               affect them and they have ready access to the information they need to do their jobs,
                                                                  [8]
               they are more satisfied with their employers.   So, can good communication increase
               a company’s market value? The answer seems to be yes. “When you foster ongoing
               communications  internally,  you  will  have  more  satisfied  employees  who  will  be
               better  equipped  to  effectively  communicate  with  your  customers,”  says  Susan
               Meisinger, President/CEO of the Society for Human Resource Management, citing
               research findings that for organizations that are able to improve their communication
                                                                                     [9]
               integrity, their market value increases by  as much as 7.1%.   We will explore the
               definition and benefits of effective communication in our next section.
                      The Communication Process
                      Communication  fulfills  three  main  functions  within  an  organization:  (1)
               transmitting  information,  (2)  coordinating  effort,  and  (3)  sharing  emotions  and
               feelings.  All  these  functions  are  vital  to  a  successful  organization.  Transmitting
               information is vital to an organization’s ability to function. Coordinating effort within
               the  organization  helps  people  work  toward  the  same  goals.  Sharing  emotions  and
               feelings bonds teams and unites people in times of celebration and crisis. Effective
               communication helps people grasp issues, build rapport with coworkers, and achieve
               consensus. So, how can we communicate effectively? The first step is to understand
               the communication process.
                      We all exchange information with others countless times a day, by phone, e-
               mail, printed word, and of course, in person. Let’s take a moment to see how a typical
               communication works using the Process Model of Communication as a guide.
                      Figure 12.5 The Process Model of Communication

































                      A Sender, such as a boss, coworker, or customer, originates the Message with
               a  thought.  For  example,  the  boss’s  thought  could  be: “Get  more  printer  toner
               cartridges!”


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