Break in Communications can cost business a fortune - IT Project Management

IT Project Management

Sep 30 2009   2:03PM GMT

Break in Communications can cost business a fortune



Posted by: Yusuf Salwati
Productivity, Office politics

I called the airlines to make my flight reservation, the agent made my return date on sept 27th instead of sept2th as I requested, either I didn’t speak clearly or he didn’t listen carefully, but it costs me and my company time and money. Another example, I called my secretary to check on a reservation for me, but she didn’t only check the reservation but she actually made the reservation, another costly mistake.

A client of our company was suppose to bring some timely sensitive business documents, but she didn’t, she thought it was our job to remind her and our secretary thought it was the client responsibility to bring the documents on time.

These small communications break down cost our company close to $2000 in fees and late charges and about 4 days of lost work, which could have been easily avoided.

Break in Communications cannot be totally eliminated but it can be greatly reduced.
In my company, I made it a priority for everyone (employees and clients) to communicate via e-mails and not to rely on verbal communications.

This policy doesn’t always work and some communications take place over the phone, it’s the responsibility of all parties involved that the message was understood. Think of the communications that take place between pilots and air traffic controller; both parties have to read back to each other to make sure the message was delivered.

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LornaT  |   Oct 9 2009   4:56AM GMT

That’s right. Communication is very important in all aspects of our lives, especially in business. On the other hand, talking about airlines, Airline industry revenues have been declining over the past decade, and passenger traffic is projected to decline 8% for 2009, and according to the IATA, or International Air Transportation Association, the global air travel industry is set to lose almost $450 billion in 2009. Rising oil prices have also caused prices to increase and revenues to drop. The airline industry has been hurting for some time, and less personal loans for travel are the least of their worries.