communication across functional areas
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8/4/2019 Communication Across Functional Areas
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ion Across Functio
-roup 10
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Peter Drucker: “ The purpose of business is not to make a sale, but to
make and keep a customer”
Propagating information
P’s of marketing
ARKETING COMMUNICATION
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Cost per exposure
Quality of exposure
Density of prospective customersØ
FFICIENCY OF MEDIUM
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Making the first sales callSelling when the sales representative is not there
Competitors information
Presenting a selling message
Arming the sales representativeKeeping current customers
IRECT VERSUS INDIRECT SELLING
OW MARKETING COMMUNICATION WORKS
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IRECT SALES CALLMore Persuasive and powerful
Closely and directly related to a saleAn expensive proposition
1.2.
NDIRECT SALES CALLConcise, uniform and ubiquitousGets in the door where sales reps sometimes cannotDifficult to documentCosts only a few dollars
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Project communication
Projects communicating the status Project team reporting to Managers
Manager to clients and stakeholders
Status are communicated through Status meetings
Status reports
ROJECT MANAGEMENT COMMUNICATION ROJECT MANAGEMENT COMMUNICATION
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ommunication needs for eachstakeholder Mandatory
Informational
Marketing
Mandatory
◦ Project status report
◦ Status meeting
◦ Meeting with the steering committee
◦ Report to shareholders and board of directors
ANAGING PROJECT COMMUNICATION ANAGING PROJECT COMMUNICATION
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Informational
◦ Awareness building sessions
◦Deliverables placed in common repository
◦ Project information on website
Marketing
◦ Project newsletters◦ Meetings the key stakeholders
◦ Visits to various locations and departments
◦ Positive image
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Small Projects Medium Projects Large Projects
mall Projects
◦ Reporting to the manager
◦ Manager sending the update to stakeholders
◦
Project status meeting
DEAL PROJECT COMMUNICATION MIX DEAL PROJECT COMMUNICATION MIX
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edium Projects Status report to all stakeholders
Status report by Project team members Financial information on a monthly basis
arge Projects Proactive communication.
Communication plan.
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Techniques and communications used by the organizations tocommunicate with their employees.
Some employee benefits
Promotions Compensation packages
Training
Personalized counseling
Retirement benefits
UMAN RESOURCE COMMUNICATION UMAN RESOURCE COMMUNICATION
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Company’s overall performance
Major capital expenditures undertaken
Profitability performance
Stock market performance
Data conveyed to Stakeholders Shareholders Financial institutions Financial analysts
q
INANCIAL COMMUNICATION
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Company at a glance Board of directors
Their tenure and compensation Company’s memorandum Present and proposed line of business Major brand and products & major innovation Social responsibility and obligation
Chairman’s message Achievements of company regarding tie-ups, strategic
alliance, mergers etc.
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Outlook
Share price information
Company’s stock including price and volume date Daily close and open positions Market capitalization
Historical highs and lows
Balance sheet, Income statement It is the backbone of all Total financial statements
Trading worldwide
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Investor relation releases Important news about company
Prevent that news with relevance to share price
Financial calendar
q
Merger
New capital structure New Business philosophy.
IPO
Fresh capital, Effects EPS, Market prices, Shareholder stakes,Capital etc
q
ü
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:nformation System Evolution:nformation System Evolution
DataProcessing
M a n a g e m e n t R e p o r t i n g
DecisionSupport
Strategic &End User
ElectronicCommerce
1950-1960 1960-1970 1970-1980 1980-1990 1990-2000+
ElectronicDataProcessing- TPS
ManagementInformationSystems Decision
SupportSystems- Ad hocReports
End User ComputingExec Info Sys
Expert SystemsSIS
ElectronicBusiness &Commerce-InternetworkedE-Business &Commerce
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:nformation System Evolution:nformation System Evolution
DataProcessing
M a n a g e m e n t R e p o r t i n g
DecisionSupport
Strategic &End User
ElectronicCommerce
1950-1960 1960-1970 1970-1980 1980-1990 1990-2000+
ElectronicDataProcessing- TPS
ManagementInformationSystems Decision
SupportSystems- Ad hocReports
End User ComputingExec Info Sys
Expert SystemsSIS
ElectronicBusiness &Commerce-InternetworkedE-Business &Commerce
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What is MIS ? MIS role has steadily changed from accounting to e-
business
ROLES OF MIS IN DIFFERENT FUNCTIONALROLES OF MIS IN DIFFERENT FUNCTIONALAREASAREAS Marketing Finance Hr Operations
:IS COMMUNICATION TOOL:IS COMMUNICATION TOOL
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:nformation System Evolution:nformation System Evolution
DataProcessing
M a n a g e m e n t R e p o r t i n g
DecisionSupport
Strategic &End User
ElectronicCommerce
1950-1960 1960-1970 1970-1980 1980-1990 1990-2000+
ElectronicDataProcessing- TPS
ManagementInformationSystems Decision
SupportSystems- Ad hocReports
End User ComputingExec Info Sys
Expert SystemsSIS
Electronic
Business &Commerce-InternetworkedE-Business &Commerce
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Manufacturingand
Production
Engineering&
Research
Accounting,Finance, andManagement
Suppliers and Other Business Partners
Procurement, Distribution, and Logistics
Advertising Sales Customer Service
Consumer and Business Customers
Company
Boundary
Intranets
The Internet
Extranets
E x
t r a n e
t s
-Business Enterprise Business Enterprise
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roduct Development Process roduct Development Process
M a n u f a c t u r i n gP r o d u c t
D e v e lo p m e n t
M a r k e t i n g a n d
S a l e s
C u st o m e r M a r k e t S ys te m
M a r ke t in g
S a le s
A d va n ce d
R e s e a r c h
P ro d u c t D e sig n
P r o ce s s
P la n n in gP r o d u c tio n
C u st o m
M a r k e t S y
C u s to m e r o r d e r s
N e e d s
P r o d u c ts p e c if ic a t io n
T e ch n ica lc o n c e p t
P r o d u ct io n O r d e r s
P r o d u c tsC a ll
P r o m o t io n
mmunication Between Functional Ar munication Between Functional Ar roduct Development Process roduct Development Process