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By ATB Financial 18 September 2020 8 min read
Did you know that 95 per cent of CEOs say effective internal communication is very important to the success of the organisation? That’s according to a HR survey from Deloitte that also found only 22 per cent of CEOs believe their internal communication was being delivered effectively. Companies that excel at this and change management are more than twice as likely to be successful than those that are not, says a Towers Watson’s report on Change and Communication ROI.
What exactly is internal communication? It is an organization’s efforts to keep employees informed of news, information, changes and updates with the purpose of creating a shared understanding of the company goals, values and guidelines. Internal communications are a tool to build authority, engagement and trust with employees and support company culture throughout departments.
In addition to supporting business success, internal communications can increase employee engagement, says Jennifer de Vries, director, internal communications at ATB. She is part of the communications team at ATB that was recognized as 2020’s Corporate Communications Team of the year by the International Association of Business Communicators. “Internal communication is one of those key supports to help keep employees moving forward in the same direction with the same understanding of what they’re trying to achieve. It also helps with how the leadership shows up, which can be key to the culture and helping employees feel connected to their leadership and the organization,” she says.
And employee engagement matters. An Aon Hewitt report found that for every 1 per cent increase in employee engagement, companies can anticipate an additional 0.6 per cent growth in sales for an organization. “It's all about treating your employees well and keeping them informed. If an employee understands and buys into your company’s values and products, it’s easier for them to feel they have a solid base to start from. From there, they can start to embody those in their interactions with customers,” she says.
When undertaking a new internal communications project there are two important things to know. The first is an internal communications team is a business partner for the company, which means it should be partnering with the other groups and leadership across the organization whenever communications projects are needed, says de Vries.
The second is that the communication plan about a specific initiative can’t replace the business plan for the initiative, she says. Say your organization is launching a new benefits package for employees or it’s opening a second retail location, there will be an existing plan in place with its own objectives, timelines, desired outcomes and goals. So, the place to start is understanding the existing initiative from a business perspective. “You must understand the goals and, particularly, the outcomes the team is looking to achieve,” she says. “Are they looking for employees to know a specific message? Do they want to see a behaviour change among employees?” This is important because the approach to the communications plan will be crafted differently depending on the outcomes.
An invaluable process to undertake as part of your overall internal communications program is a communications audit. Including an evaluation of how well your organization communicates with its employees. It can be a useful practice to understand:
“Performing an audit of what and how you're doing from an overall communications program is a very good practice,” says de Vries. And an audit should not be a one and done exercise. Doing it every couple of years will help keep you up to date about what works and what doesn’t for your organization. This information will be highly valuable as you build individual internal communications projects.
Every internal communications project should follow a specific plan to ensure it is developed effectively and can achieve its goal. ATB’s de Vries recommends including the following steps so your next internal communications project is a success:
As with many business practices, the secret to success is a lot of the pre-work and planning that happens before you even begin typing up a message for your internal communications project, says de Vries. “Internal communications teams are there to help the organization ask those key questions before you get to the communications tactics in order to help the overall strategic thinking. Strong internal communications teams bring a holistic view to every project,” she says.
By connecting with the business team leaders, understanding the audience, goals and objectives, crafting clear messages, and developing a way to measure and optimize, you are setting the foundation for a highly successful project.
If you’re looking for a deep dive on everything you need to know around how to grow your business, our ATB X Accelerator program might be just the place for you. Alternatively, feel free to reach out to one of our entrepreneur strategists to explore where you are with your business, where you want to be, and how to get there!
Download our guide to branding and marketing, containing expert advice, templates and other resources that will help you market your business.
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