A sure way for a company to fail is to have poor or lack of communication. Communication should be highly valued in an organization like diamonds are valued to a jeweler. Buying a diamond is a big investment, and so is communication. If a company does not feel it is an important part of their success, then more than likely they will fail. Sorry, simple communication will not do only effective communication. “Communication is based on relevant and timely information, without such; there can be no effective communication” (Mader, 2009). I have worked for a few companies with high turn-over because of lack of communication. Whether the communication is upward or downward if policies, expectations, regulations and daily task are not handled effectively, then chaos, disorder and manipulation take over leaving a very poor business structure. If the trust is missing in business so is the foundation which leads to more instability.
