As a newly appointed company director, communication is one of the key skills needed in order to be successful within the role. If you are to be appointed as the most senior executive position in the company, being successful in the role will be a key priority for yourself. In this article, we will explain why communication is an important skill for a managing director, and we will explore how communication will improve your performance as a managing director. We will also explore why communication is an important skill for all managing directors to master, in order to be successful in the role of a managing director.
As a managing director, communication matters because it allows you to build good working relationships with your staff. Communication is the core foundation to good leadership, and as a managing director, building good relationships with your staff is the key to building a successful team, and ultimately a successful organisation. Building good working relationships with your staff will boost the productivity within your organisation. When you communicate regularly with your employees, and particularly if you deliver positive feedback to them frequently, you will build up the trust that your employees have with you. By openly encouraging two way feedback and communication between employees, your employees are likely to trust you more as a leader. When your employees trust you as a leader, they are more likely to listen to your instructions and follow through with their actions.
By having good communication skills as a leader, you can serve to inspire the rest of your employees by communicating to them your clear vision and ambitions that you have with your company. This will collectively inspire and align the members of the organisation, allowing them to work together to achieve the ambitions and the goals of the business. Good communication as a leader will also motivate the members of your organisation, resulting in an increase in productivity, as staff will be more inspired to achieve the results, goals and the vision that you have communicated to them.