Effective Business Communication Management-Myassignmenthelp.Com

Question: Discuss About The Management Effective Business Communication? Answer: Introduction According to Robles, (2012) communication plays a very crucial role in the development of any MNC. While working in different countries, companies have to face various issues that affect its growth and also affect the brand name. This report has been prepared to resolve the various internal and external communication issues faced by an Australian MNC. Examples of communication channels used by other MNCs have also been considered so that proper strategies can be prepared. Good practices Communication channels used by other MNCs Communication has a significant role in the success of any business as researched by Stubbe, (2015). By considering this factor, there are various global companies all around the world which has adopted different ways to communicate with internal as well as external stakeholders. Apple Inc. is one of the biggest MNCs in the world which has its business in different countries. Shaganaa, (2014) added that company follows different kinds of strategies to communicate with its internal as well as external stakeholders. The company has created an online forum where employees can raise their voice, ideas as well as concerns. It allows the managers to focus their direction on points raised by employees. The company also holds monthly meetings with its stakeholders which help them to get a one-on-one experience with management where all the information regarding brand is discussed. Monthly newsletters are also published by Apple to help employees to get insight on directions of Apple Inc. It also allows them to inform employees about recent changes that are taking place in the company. Random audits are conducted to ensure that supply chain of a company is working effectively. Programs are organized for suppliers where good suppliers are appreciated, and all the issues are resolved which are faced by both parties as studied by Muema, (2012). Amazon is also one of the most popular and biggest MNCs in the world. Brown, (2012) provided information that CEO of Amazon believes that communication culture of the company should be friendly but intense so that it can allow employees to generate ideas and improve the experiences of customers. The company uses the latest communication channel like Slack to bridge the gap between CEO and front line employees (BETTS, 2015). Jeff Bezos provides complete company information via push notification and also appreciate the efforts of employees from time to time. Other than that, employee engagement surveys are also popular tools which are used by Amazon in order to track the attitude of employees. Recently as per Venkatesh, (2013), company has also introduced a real time cloud based platform called as Glint which allows them to understand employee engagement surveys and provide an interactive dashboard to raise different issues. The data then is compared with industry benchmarks, and chang es are made accordingly. According to Grunig, (2013) Tesco is one of the biggest retailers in the world which handles the various communication issues very effectively. It uses different types of internal and external channels to communicate with all its clients, and it has helped them to gain lots of success. Internal communication channels used by Tesco are a phone, emails, club cards, notices and reports. All these channels have proved to be effective and have allowed Tesco to provide timely information to employees. Our Tesco, (2017) added for external communication, that the company uses website, Tesco cards, video conferencing, social media, a television advertisement. All these channels allow the company to reach its potential customers and convey the products and services in a creative manner. In order to collect feedback from customers, the company provides feedback form to its customers and collects in then and there so that their real time experience can be noticed. Future Strategies Timely communication to all staff and clients One of the biggest issues that organization is facing in communicating to all its staff and clients is time and efficiency. There are several ways by which organization can cope up with this issue. One of the ways that MNC can include is organizing an open meeting with internal staffs as it will allow the leaders and managers to communicate their passion and the ways in which work has to be done in organization (Adrian, 2012). These meetings will allow managers as well as employees to hear and understand what leaders want to communicate and will also provide the opportunity to the employees to provide the feedback to upper management. These meetings can be organized in every branch of the company in all countries on a regular basis. However, if the board of directors wants to communicate anything to all the 8000 employees across nations, everyone can be connected via video conferencing. It will allow the directors to convey the aim and objective of organization and what is expected o ut of the employees. Other ways in which timely communication can be made with employees, as well as clients, can be via e-mails. Technology has made everyone advanced, and every person carry Smartphone with access to the internet that can use to check e-mails anytime (Keyton, 2012). Managers can send the emails to employees and clients anytime in case of emergency or if any message has to be conveyed. As soon as the e-mail is received, actions can be taken to resolve the issues. There are different team messaging applications also that are developed by various people, and these can be used in companies to convey messages to each other. One of the applications for team communication is called as Slack that is used by Starbucks in order to pass on the messages to all the employees directly. With this application, Starbucks has been able to be in touch with all the employees at any time, and it has solved various issues in minutes. MNC in Australia can also use this application to be in touch with employees at any time. It can also be used to communicate with clients so that proper supplies can be maintained and issues between parties can be resolved (Barbour, 2014). All these communications should be made on the regular basis so that regular issues can be solved and work can be done with proper efficiencies. Timely communication should also be done if any new achievement is done by the company or during the time of implementing new strategies. It will keep all the employees as well as clients to sync with the way in which Australian MNC is working. Communication with front line employees Front line employees are those who are the most important part of the organization as they directly deal with customers and are also involved in making of products. From the case study, it was analyzed that there has been a communication break from the top employees to the front line employees and vice versa (Rajhans, 2012). It has really affected the brand positioning of Australian MNC in the market as leaders are not able to communicate their vision to these people and also these employees are not able to provide the feedback that customers provide towards the organization. There are various ways in which this communication break can be resolved by conducting wise department wise meetings on a regular basis by managers and on a monthly basis by top management. Regular meetings with managers will allow them to convey the updated objectives of the company or if any new products or services that have been added which needed to be introduced to customers. Issues that front line employe es face while dealing with clients and employees can also be effectively communicated in these meetings. Managers will be able to motivate these employees and can push them to work hard (Loewy, 2012). Top management can communicate with all these employees all together via video conferencing in every nation that organization is situated in. Top management can convey their message to the employees and give them the ideas about new changes that company has incorporated or will be going to incorporate in the near future. Employees can communicate their feedbacks to managers which can be passed on to the board, and all the big issues can be discussed in these video conferencing meetings. Other than that, mobile applications are also great ways that can be used by top management to convey their vision to front line employees (Hashim, 2013). More than 85% of employees use smart phones and activating mobile first communication strategies can be very fruitful. Push notifications via mobile application will allow front line employees to know about new information any place and time. Top managers will also be able to connect all their 8000 employees altogether without any hassle. Feedback from clients regarding products and services Customers are the biggest clients of Australian MNC, and their feedback is very important for the improvement of products and services offered. One of the best ways that this can be incorporated and communication channel can be strengthened is by providing live chat support. It will allow the company to get closer to its entire client and most of the issues will be solved quickly. This live chat support can be made proactive, and feedbacks can be generated easily. Another way is by providing dedicated feedback form on the website of the company which can include all the relevant questions related to feedback (Zhu, 2017). This is one of the best ways to get in touch with and understand the positioning of the company in their mindset. Some important and regular customers can be called on the regular basis, and the main advantage that company will get is the first-hand feedback. Hearing the voice of customers will also help in judging the satisfaction levels of clients. This particular method is very effort sensitive and can be reserved for high sensitive clients. New trends in collecting the surveys are social media, and it can be actively used to not only be in touch with the customers but also to understand their issues and solve them then and there. However, social media can also create a negative image for the company as rumours spread much faster and for that communication channels on this medium should be very fast (Castells, 2013). Other than customers, suppliers are also very important clients, and their feedbacks are also important in order to improve the products and services of Australian MNC. The first thing that company can do is the creation of strategic supplier councils which consist senior members from supplier team and senior managers from the side of Australian MNC. The main purpose of this council is to listen to the key supplier's concerns, ideas in order to solve strategic planning issues. Another way is to install supplier evaluation software as it will allow the MNC to solicit the feedbacks and ideas of these people (Coombs, 2014). This software will help the suppliers to provide the changes that can be done to improve the supply chain and make delivery better. Issues around local language From the case study, it was analyzed that one of the biggest issues that are faced by Australian MNC is with the local language as these people are not able to communicate with some employees, suppliers and customers. Although the common language used in English still the issues with dialect still persist. There are many strategies that can be implemented by MNC to handle this issue like the use of plain language (LaBrie, 2015). Use of large and complicated words might create understanding and miscommunication issues which can offend some customers. Another way are to search for reliable translation services in terms of qualified translator or service that can fulfil needs of the company. However, the proper check has to be done before employing a translator by doing proper education check, etc. Employees can also be provided with training sessions so that they can understand the in and outs of the products and services they are selling. It will allow them to communicate with customers in their own dialect and manner (Grunig, 2013). Visual methods can also be used as they can be a lot more effective the telling. Pictures and diagrams can be used in explaining the complicated concepts which will allow employers and customers to understand it in much better manner. Cross cultural issues in different contexts Cross cultural communication can be defined as ways in which people from being different cultural background communicate with each other and also in the manner they endeavour to communicate across cultures. Australian MNC works in the different parts of the world in a different culture. It faces various cross cultural issues which are very important to be solved for the proper functioning of the company (Pettersson, 2013). One of the ways in which it can be handled is by keeping an open mind by understanding the ways in which people comprehend, communicate and make decisions across different types of backgrounds. It might be difficult to interpret all types of behaviour but still, significance can be made on this concept. The main aim of the company should be to understand and accept the differences in terms of a multicultural team and the ways in which they can be used to analyze the situation and make decisions. Other than that, organizational awareness can also be created by providing diversity training to all employees as it will allow MNC to make employees culturally mindful and adaptable while talking to people with different backgrounds (Harris, 2016). Outings and fun activities with all the employees can also be arranged by MNC as it will bring the employees with different background come closer and work in proper harmony. Promoting open communication can also be a boon to the company as it will allow employees to share their concerns and misconducts happened with them effectively. Fostering strong relationships with employees will also make the communication in company better with proper responses with everyone. Digital literacy and use of social media From the case study, it was analyzed that, Australian MNC works in the country like Nigeria and Oman where the digital literacy is very limited. Only 10-20% of the customers are aware of the use of social media channels. In these situations, reaching out to people becomes very difficult. The company in order to reach people can use the facilities of hotline numbers where all the queries and order can be handled (Schullery, 2013). Advertising can be done by providing advertising advertisements in television, newspapers, etc. Some big events can also be sponsored so that people can know about the Australian MNC and the products they sell. Various help centres can also be established in different parts of the country where people can reach and resolve all their issues while viewing new products. The trend of social media in the field of communication is increasing day by day, and it is one of the best methods that can allow Australian MNC to reach millions of customers worldwide with very low cost. Some of the popular social media channels are Facebook, Twitter, Instagram, etc. On Facebook, the company can create different posts about its products and services and share it in most creative manner. The post will reach a large number of people instantly, and people who are interested can directly connect with MNC. Various issues faced by people can also be resolved on social media by responding to people complaint (Michaelides, 2015). Twitter is another medium which is highly professionals and mostly used by companies to share some important news and events in limited words. This medium can also be used by Australian MNC to share the launch of its new products and services. Conclusion From the report, it can be analyzed that Australian MNC can easily solve its internal and external communication issues very easily by using various strategies. For the internal and timely communications, video conferencing, a messaging application like Slack, regular meetings with managers can be used as it will allow the company to know the responses of employees and their feedbacks. The company will also be able to share the information about company effectively. For external communication, the company can use feedback forums, develop online chat support, social media, and committees with suppliers, etc. to convey and receive the issues and news. References BETTS, C., (2015). A lesson from Amazon: Make sure your CEOs not out of touch with frontline staff. [Online]. Available through: https://venturebeat.com/2015/08/23/a-lesson-from-amazon-make-sure-your-ceos-not-out-of-touch-with-frontline-staff/. [Accessed on 1 September 2017]. Our Tesco., (2017). How We Communicate Together. [Online]. Available through: htt.ps://www.ourtesco.com/how-we-communicate-together/. [Accessed on 1 September 2017]. Shaganaa, S., (2014). Apple Internal CommunicationsStrategy. [Online]. Available through: https://shaganaas.wordpress.com/2014/05/02/apples-internal-communications-strategy/. [Accessed on 1 September 2017]. Books and Journals Adrian, A., (2012). Assessing Organizational Communication: Strategic Communication Audits. Guilford Press. Argenti, P., (2015).Corporate communication. McGraw-Hill Higher Education. Barbour, J., (2014). Organizational Communication: Approaches and Processes. Cengage Learning. Bisel, R., (2010). A communicative ontology of organization? A description, history, and critique of CCO theories for organization science.Management Communication Quarterly.24(1). Brown, T., 2012. Change communication: the impact on satisfaction with alternative workplace strategies.Facilities.30(3/4). pp.135-151. Castells, M., (2013).Communication power. OUP Oxford. Coombs, W., (2014).Ongoing crisis communication: Planning, managing, and responding. Sage Publications. Cornelissen, J., (2017).Corporate communication: A guide to theory and practice. Sage. Grunig, J., (2013).Excellence in public relations and communication management. Routledge. Harris, R., (2016). New organisations and new workplaces: Implications for workplace design and management. Journal of Corporate Real Estate. 18(1). pp.4-16. Hashim, J., (2013). Communicating and sharing working relationships with older employees. Journal of Communication Management. 17(2). pp.100-121. Keyton, J., (2012). Communication and Organizational Culture: A Key to Understanding Work Experiences. SAGE. LaBrie, R., (2015). Unified communications as an enabler of workplace redesign. Measuring Business Excellence. 19(1). pp.81-91. Loewy, D., 2012.Essentials of business communication. Cengage Learning. Michaelides, G., (2015). Workplace design: Conceptualizing and measuring workplace characteristics for motivation. Journal of Organizational Effectiveness: People and Performance. 2(3). pp.224-243. Muema, T., (2012). Effects of Poor Communication in an Organization: Case of Kenya Seed Company. GRIN Verlag. Pettersson, K., 2013. Analyzing effective communication in mathematics group work: The role of visual mediators and technical terms.Educational Studies in Mathematics. 82(3). pp.497-514. Rajhans, K., 2012. Effective organizational communication: A key to employee motivation and performance.Interscience Management Review. 2(2). pp.81-85. Robles, M., 2012. Executive perceptions of the top 10 soft skills needed in todays workplace.Business Communication Quarterly.75(4). pp.453-465. Schullery, N.M., 2013. Workplace engagement and generational differences in values.Business Communication Quarterly.76(2). pp.252-265. Stubbe, M., 2015.Power and politeness in the workplace: A sociolinguistic analysis of talk at work. Routledge. Venkatesh, V., 2013. Explaining employee job performance: The role of online and offline workplace communication networks.Mis Quarterly.37(3). Zhu, Y., (2017). Lets work out: communication in workplace wellness programs. International Journal of Workplace Health Management. 10(2). pp.101-115. Effective Business Communication Management-Myassignmenthelp.Com Question: Discuss About The Effective Business Communication Management? Answer: Introduction As inferred by Adrian (2012), communication plays a vital role in the overall development of any corporation. In the business world, effective communication is significant for the everyday operations of the company as it has the possibility to affect sales and profitability respectively. As every organization possesses a unique and distinctive personality, attaining effectiveness in communication is a tough task. Herein, this report the challenges faced by an Australian MNC towards the varied internal as well as external communication is resolved. In addition to this, to have a deeper understanding of the best-suited communication channels for our organization different strategies of other MNCs are studied in detailed. Good Practices Communication Channels employed by renowned MNCs In any aspect of life, whether it is personal or professional, communication is the key to success. The communication ability helps in carrying out the business with efficacy. In any form of business environment communication, it can be understood as an exchange of message from one person to another, acknowledging that the message received is understood and likely some kind of action is expected as a result. Due to its complexity, it plays a prominent role in MNCs than any other localised company (Schleimer and Pedersen, 2014). There is enormous MNCs sprouting up all over the world, which have adopted varied ways of communication both through internal and external means. Tesco operating beyond 2200 stores, which includes hypermarkets and express outlets across the world impends to satisfy the need of its all customer and brings satisfactory results to become the Britains largest retail industry. The aim of communication within an organization like Tesco would be to serve information to its public and employees. Tesco needs communication to keep perhaps their staffs updated and provide its customer with every detail of its existing by way of promotions and marketing (Channon and Jalland, 2016). Communication is needed to keep Tesco running smoothly. In any business, it can be observed that the point of communication is to influence upon something in the business. Being an established chain working in more than one country, they have relied upon consistent sources of the communication channel to run an efficient business. Channels of communication played a prominent role in Tesco. It has established varied channels formal, informal, nonverbal, verbal, written, oral, technological different electronic methods to facilitate the spread of information through the organization. Formal communication being the official channel is quite significantly adopted as Tesco is a big company and different board meetings, weekly staff reports, forms and memos all must attune to run the business smoothly. Formal communication is quite prominently associated with vertical communication, and thus Tesco involves a well-organized system to work effectively and spontaneously. Also, it adopts informal communication which does not follow any official cha nnels or bound by the chain of command. This form of communication is the voluntary type and is required to build a strong bond and cooperation between staff members. This informal form of communication acts as a motivator also for Tesco employees. Also, Nike a renowned name in sports additions has incorporated sports value through effective communication within its organization. Kobayashi (2012), reveals that Nike has embraced the essence of the sport by facilitating its communication among its team and all employees. This company uses both sorts of communication, i.e., internal and external means to attain the ultimate goal of creating a world class sporting brand. The communication between top management and their employees is equally important to help the understanding of values of multinational companies amongst them. It thus uses emails, formal reports, face-to face conversation as means of communication to keep the work environment intact (Tippmann, Scott and Mangematin, 2012). It also uses external channels of communication like video conferencing, online Internet, vouchers, advertisements, surveys to know the customs and tastes to outer world enticing customers towards their product. Coco-cola another MNC established since 1886, selling across 200 countries and owing beverage trademark and licence across the globe (Dudovskiy, 2015). Coca-Cola has undertaken distinctive and innovative approaches to create strong relationships at the heart of the successful business. Verbal and Non-verbal both key channel of communication is employed by the organization to deliver its message effectively. The verbal communication is used by the organization to get in contact with its customers and employees by spreading information more effectively and thus acknowledging them more about the opportunities. On the other hand, the company to determine its brand positioning and creating an unwavering image of the people uses Non-verbal communication. Future Strategies Healthy communication is pivotal to the success of any organization, whether its a start-up or any established enterprise (Montazemi et al., 2012). It is quite known that businesses who operate in multiple states often encounter difficulties to share information and meet the trajectory in real time. For our current Australian organization it is important that it simulcast each member associated with an organization. Real-time communication to staff and customers Organization encounters the biggest problem, i.e., to communicate effectively with all its staff and customers in timely and operative manner. Communication within an organization is a critical activity. It helps not only strengthen but empower employees by facilitating them to share the common purpose and meet organization efficiency, productivity and overall value. The real-time communication can help in exchange the information instantly and enable people to work whenever and wherever by pooling up the collective skills and guiding them to move towards finding a reliable solution (Marin and Bell, 2010). The ability of business partners, employees, and customers to interact in such a manner increasingly helps determine whether enterprise flourishes or stumbles. Before jotting down ways of developing a culture of real-time communication, it is important to ascertain the specific needs of the same. The organization can come up with numerous ways to meet this issue effectively. It can establish real time communication habits in the workplace; this can be made possible by the MNC by organizing multiple channels to spread the information to as many people as it seeks. For this aspect, the message must be consistent so that it can be spread from one person to another by informal means also. Since the message gets distorted when passed through informal paths, it is important that everyone should get the same message leaving no point for discussions. The organization must also have an everyday plan of communication, which is carefully sorted to notify employees of upcoming events. Also, a communication strategy must be adopted by an organization to use the same in an emergency case. Most importantly no matter how complex organization be, it is impo rtant that everyone keeps track (Paik and Ando, 2011). It is also important that people acknowledge upon the questions and clarification could it seek from. The organization must make it easy for both its employees and client to reach them as it is for making a complete communication cycle. Facilitating communication with front-line Employees There is no doubt that customer service has a due impact on companys brand image. Also, the satisfied employees help in translating happy services to the customers. Hence, effective communication with frontline staff is an important aspect of good customers service. It can be seen from a current case study that Australian organization encounters communication barriers restraining effective communication of top management with the front line staff and vice versa. Frontline employees are the most important people within an organization and are quite often overlooked. This ignorance could turn out to be a huge mistake as though it may be at the bottom most of the organization chart but still they more likely to be engaging and become advocates for the company. Since they interact with customers on a daily basis, they acknowledge the true expectations of the clients. They are the face of a company and as such know what might be the true customer needs. Wilken and Sinclair (2011), advocates that front line employees are beyond just knowing the wants of customer they actually know organization customers. This is because front-line employees see customers and how it interacts with the product or services. Thus, they are many superior sources of information than any other traditional research. Effective listening to front-line employees can help in breaking down the companys hierarchy. Employees, when encouraged, can help serve the top-management and customers better. Listening also help in motivating the employees thus a more collaborative and engaging workforce can help connect everyone in the organization. Listening can though be a real challenge but most effective means to gather feedback from front-line staff. As IBM created an Idea Jam forum where it encourages employees from all the layers to answer questions and share their ideas (Li and Tallman, 2011). The Australian company could also establish an employee discussion forum to offer a virtual meeting place where the opinion, ideas and feedback from the staff can be collected. Feedback from clients on ways to improving product quality and service delivery Obtaining customer feedback is the most important facet as it provides marketers and the business owners with insight on how it can enhance its business product or services. Clients experience encompasses all aspects of company offerings like the quality of customer, the reliability of the product; it's feature, packaging, ease of use, utility etc. Customers being the utmost clients of Australian MNC, their feedback is extremely essential for the product and services so offered. The best ways of incorporating this could be by way of choosing a direct line so that one can determine whether they are happy with company services and product so delivered. Customer feedback surveys on a regular basis can help the company ensure what may be frustrating or pleasing to the customer (Petersen, Kushwaha and Kumar, 2014). As it delivers tangible data perceived competitive offer could be explored, and it can be used for making a more profound business decision from customer feedback. The feedback can be used as a guide for business and marketing their decisions. The customer feedback provides valuable insight, and it can help the Australian organization to create a product which every customer wish to buy and create a customer experience that is everlasting. A happy and satisfied customer is a retained customer. Gaining feedback from a loyal customer can be more valuable if it is called upon regular basis it could serve as a first-hand feedback. The other new trends that could be employed to collect feedback could be by way of social media, as an active user would help in excavating problematic issues faced by the customer either from product or services (Ruppel, Gong and Tworoger, 2013). However, social media could lead to a negative image of the company as rumours could be framed herein more quickly. Therefore, complete reliance on this medium for gaining feedback would be not advisable. Cross cultural issues in different contexts Since, the Australian organization serve across different cultural backgrounds thus, doing things straightforwardly is far from reach. As mentioned by Gammelgaard (2010), learning to appreciate a range of communication cultures requires the need to be flexible. Flexibility is the need of a company to establish and maintain decent connections with the stakeholders and other interest groups. In addition to flexibility, tolerability and cultural adaptability are also concluded as an important means of establishing a business. The flexibility, tolerant and adaptability component are required to make multicultural communication. Since, Australian MNC works in different parts of the world it faces cross-cultural issues, which needs to be resolved through proper functioning of the company. To build an effective internal and external communication the organization requires efforts and acquisition of experts to facilitate corporate communication averting cultural risks. Internal communication plays a crucial role in multicultural settings. Since each global employee has the potential for framing companys image; an excellent internal communication is fundamental. Internal communication helps in delivering a strong impact of the company towards the desired direction (Leeuwis and Aarts, 2011). Internal communication to function and process in a manageable and effective manner internationally, as a common practice of multicultural corporate communication, the company can set up internal networks. These networks can be used to direct employees in local communities, and such networks can be maintained in countless ways like email, instant messaging, telephone, video conferences etc. Emphasizing on face-to-face communication and making people familiar with different countries culture by the mutual trust can also help create successful cooperation. Issues around local language Undergoing the facts of the case study, it can be observed that the most prominent issue which is being faced by the Australian MNC is that of local language as the people are not capable of communicating effectively with some of the clients, business partners, suppliers and employees. Indeed, there is also an impending need to enhance employees language and their cultural know-how to meet the professional requirements (Lauring and Klitmller, 2015). Many international companies ensure that its employees are trained and acknowledge the know-how to serve the company as a whole. This aspect is also important for meeting the external services. To meet the corporate goals, in-house communication skills are a must. As inferred by, the strategic understanding of each and every employee is a necessity to make a vital link between communication and the corporate goals and reputation. Matanda and Ewing (2012), emphasize that all corporate communication must be established on sound policies and guidelines. These policies and guidelines move on to build a unique image, a strong brand positioning and ultimate appealing reputation. Reliable translation services could also help fulfil the needs of the company. Digital literacy and use of social media In the current era, Social Networking and Digital Literacy has turned out to be the most popular trend to grab the attention of people. As the case study reveals facts wherein Australian MNC operates in countries like India, Vietnam and Australia wherein the proportion of people using digital literacy is quite high. Almost all people are aware of the different social media channels and are quite responsive towards the same (Channon and Jalland, 2016). Digital literacy and social media ensure immense engagement and success, but also organization has to struggle hard enough to implement the open network in its system fully. Nonetheless, a number of MNCs push itself to adapt themselves to social media field. The social media is useful to the organization in both internal and external communication context. Implementation of social networking at the formal base can help foster knowledge and knock down the different barriers of communication. The internal social networking could be the use of tools such as Watercooler at HP, Beehive at IBM. While, in an external context, social networking has a far-reaching lightning pace as it helps customers acknowledge about the company and its product as well as services (Regnr and Zander, 2011). Also, it has been quite known that the networking and socialising in modern days has become day by day more flexible and dynamic. Social media helps in diversifying the communication targeting the right people through a specified channel. Some of the known channels of social media are Twitter, Instagram, Facebook etc. Further, it facilitates direct communication as the issues and problems can be bought right on one platform providing the company with an idea a bout the interests that connect with its MNC directly. This media can also help the MNC in announcing the new launch of product or service. Conclusion Thus, it could be very well articulated from the report that the Australian MNC can deal with the internal and external problems by adopting varied communication strategies. For effective communication internal channels like emails, messaging, face-to-face meetings etc. can be used by managers, which allow noting the response its employees. 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