Strategy communication is the process of conveying a company's strategic goals and plans to its stakeholders, including employees, customers, investors, and the public. It helps ensure everyone understands the organization's direction, aligns their actions with the strategy, and contributes to its success.
Here's an example of strategy communication:
Scenario: A tech startup is launching a new product and wants to communicate its strategy to its employees.
Strategy Communication:
- Internal Newsletter: The company publishes a newsletter outlining the product launch strategy, including the target market, key features, marketing plan, and expected impact on the company.
- All-Hands Meeting: The CEO holds a meeting with all employees to explain the product launch strategy, answer questions, and generate excitement.
- Team-Specific Communication: Each team receives tailored communication detailing their specific role and responsibilities in the product launch.
- Employee Training: The company provides training to employees on the new product, its features, and how to effectively communicate about it with customers.
This example demonstrates how a company can use various communication channels to effectively convey its strategic goals and plans to its employees.