Executive Summary

Economic crisis and financial disasters are caused by ineffective communication

in organizations. The consequences of ineffective communication fall on the
individual and not on the academic tertiary system because communication is a
huge part of ethics and human characteristics which cannot be taught.
 Introduction
Communication dilemmas may have played a part in the occurrence of
economic crisis, business scandals and financial disasters. There are
numerous aspects that affect the distribution of effective communication, as
much as the academic systems may be the cause of these dilemmas they are
not entirely to blame.
 Literature review
Daphne A. Jameson (2009: 2) believes that the academic systems should take
some responsibility for the economic crisis and financial disaster as they are
the institution that educated the students who are in the business world on
the matters of communication. She argues that institutions should share the
failures of the students as much as they share their success. The perspective
of Daphne A. Jameson may be correct because the institutions does possess
control on how they educate their students on the aspects of communication
but they do not have control over how these students apply the aspects
taught to them in the business world.
 Methodology
Online journal, online sources and surveys revealed that effective
communication depend more on human nature and norms between what is
right or wrong over academic research and
Main Section (Barriers of communication)
Organizations rely on effective communication in order to succeed. Business
schools may possess numerous weaknesses in their teaching methods but it
does part resource on the barriers of communication to their students. There
are a lot of barriers to communication which the institution cannot prevent.
One of the elements of effective internal communication include
commitment to two- way communication (Patterson, Grenny, McMillan, and
Switzler, 2005:8). A two way communication requires attention from both
ends of the communication process in the organization in order to make
informed and strategic business decisions.
Main Section
 Conclusion
Ensuring effective communication in the organizations rests a great deal on
the individual. Therefore the individuals involved in the occurrence of
financial disasters, business scandals and economic crisis should take
responsibility of the roles they played because they somewhere in their
communication there were mishaps.
 Recommendations
Businesses should implement numerous measures to add on what students
have been taught at schools on effective communication to assist them to
convert from tertiary to the business world and to assist them to make
informed decisions.
More workshops on effective communication and importance of
communication , how to overcome the barriers, ethics and human
characteristics as contributors to effective communications.
 References
Detlef R Prozesky . 2000; 13(35): 4445. Communication and Effective
Teaching.[Online] Available at:
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1705977/ [Accessed 14 October
2017]
Patterson, Grenny, McMillan, and Switzler, 2005. Effective communications.
Avaialable at: http://www.educationalleaders.govt.nz/Managing-your-
school/Guides-for-managing-your-school/Effective-communications [Accessed 14
October 2017]
Daphne A Jameson.2009. Economic crisis and financial disasters. Journal of
Business Communications OnlineFirst.doi:10.1177/0021943609338667. [Accessed
14 October]