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Response - Assignment Example

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Innovative organizations have the potential to thrive in competitive market if they integrate applied and theoretical communication strategies in their…
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Download file to see previous pages... Hogg’s study in 1993 reports the vitality of strategic vision and innovation to the performance of technological telecommunications companies in Europe. Despite the importance of communication within the telecommunication sectors, innovative skills are valuable than the later. Competitive advantage in the market is attainable only if companies possess advanced technological innovativeness. It is fascinating to note that most prosperous entrepreneurs prioritize innovativeness within their firms according Roper Starch Worldwide survey done by Ernest and Young (Belkin 1).
Although innovation forms the centrality an organizations success, it is essential to embrace effective communication strategies. Emerging realities for most business implicates the importance of effective communication in coordinating organizations plans. Communication is imperative in relating factors such as global market trends, continual innovation, planning, and technological changes. Most flourishing firms consider the use of all of the above factors in ensuring the success of a business. Experience on organization indicates that effective communication strategies besides coordination of abovementioned strategies also assist in improving corporate relations. Corporate relations assist companies in identifying new innovative strategies for an organization. It is vital that companies not only prioritize innovation but also integrate effective communication in ...Download file to see next pagesRead More
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