Unit 1 ,Task 5.2( How do you see communication and critical thinking impacting your future role as a leader in the workplace.)

I believed that good communication skills and critical thinking are essential to be a leader in the workplace. According to pulse research from whitepaper from the Project Management Institute’s, effective communication with all stakeholders is the most important success factor in project management. According to the report, US$75 million  is at risk for every US$1 billion spent on a project. This is also supported by IDC in a 2008 whitepaper. According to 2008 whitepaper by IDC, there is a loss of an estimated 37 billion in businesses in the United states (US) and United kingdom(UK) due to employee misunderstanding and poor communication. Hence, as a leader, I need to convey the correct message in order not to create misunderstanding which is a chain effect that cost unnecessary losses to the company and will affect the decision of stakeholders and investors. Critical Thinking for leaders is to evaluate their judgment and how their decisions affect the outcomes of the company. Therefore, critical thinking and communication skills are important to me whereby leaders need to make a rightful decision for the company and then convey the message properly to the employee so that the company can run smoothly.

Updated 5/9/2022

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