The Situation on the Market and Business Challenge
Poor communication costs a lot to the business. The statistics demonstrate that it might lead to increased costs, missed deadlines, eroded brand reputation, and decreased productivity.
Talking about numbers, the Grammarly Report on the State of Business Communication demonstrates the following cost of ineffective communication for an average company.
According to a report by Holmes, the total estimated cost of miscommunication might reach more than $37 billion. Still, the solution to that problem exists. Businesses can be in harmony and comfort if the right communication approach and a well-fitting communication solution is used. It can help to prevent stress and burnout of personnel, enhance collaboration, as well as bring attention to employee experience and engagement.