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5 Critical Communication Mistakes Killing Company Profits at Your Small Business

©2015

www.YourChampionshipCompany.com

Managing Virtual Teams

5 Communication Mistakes Killing Company Profits

What are the communication problems in your work environment? ©2015

5 Communication Mistakes Killing Company Profits

How Is This A Problem?

©2015

5 Communication Mistakes Killing Company Profits

Robert Carkhuff, Ph.D.

All communication is for better or worse!” ©2015

5 Communication Mistakes Killing Company Profits

Robert Carkhuff, Ph.D.

All communication is for better or worse!”

5 Communication Mistakes Killing Company Profits

Skip Weisman 3 Outcomes from any communication: •  Building trust •  Slowly eroding trust •  Instantly destroying trust

©2015

The 7 Deadliest Communication Sins

How Is This A Problem?

©2015

The 7 Deadliest Communication Sins

How Is This A Problem? 2 Big Ways: Kills Workplace Trust Kills Workplace Productivity ©2015

The 7 Deadliest Communication Sins Stephen M.R. Covey: The Speed of Trust

As trust goes down, speed goes down and costs go up and… As trust goes up, speed goes up and costs go down! ©2015

5 Communication Mistakes Killing Company Profits

But, How Much? ©2015

5 Communication Mistakes Killing Company Profits Research by Towers Watson, ComTIA, Cognisco & Siemens 2008-2010

Average Employee Wastes: 40-minutes per day Average Annual Cost: $5,220 per year per employee ©2015

5 Communication Mistakes Killing Company Profits Research by Towers Watson, ComTIA, Cognisco & Siemens 2008-2010

Average Employee Wastes: 40-minutes per day Average Annual Cost: $5,220 per year per employee How many employees do you have?

©2015

5 Communication Mistakes Killing Company Profits

Are You Consciously Communicating to Always Build Trust? ©2015

5 Critical Communication Mistakes Killing Company Profits

Communication Mistake #1:

Defining Communication as A problem… But, Never Defining the Communication Problem(s)! ©2015

5 Critical Communication Mistakes Killing Company Profits

Communication Mistake #2:

Lack of Specificity (especially around employee performance/job expectations)

©2015

5 Critical Communication Mistakes Killing Company Profits

Communication Mistake #3:

©2015

5 Critical Communication Mistakes Killing Company Profits

Communication Mistake #3:

Communication Procrastination (avoiding the bad news, difficult conversations, performance feedback etc.)

©2015

5 Critical Communication Mistakes Killing Company Profits

Communication Mistake #4:

Lack of Directness & Candor (as it pertains to important workplace issues, especially around individual performance and behaviors affecting the work environment & job performance)

©2015

5 Critical Communication Mistakes Killing Company Profits

Communication Mistake #5:

Lack of Transparency (Pertaining to business strategy, business financial performance, and future goals for the company)

5 Critical Communication Mistakes Killing Company Profits Double Communication Effectiveness at Your Company • 

5 Communication Mistakes – white paper report

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31 Workplace Communication FAQs

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Build Your “Communication Power” over 12 months – 52 Weekly Power Words!

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5 Communication Mistakes – slide deck www.YourChampionshipCompany.com/5CommunicationMistakes

©2015