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Poor communication costs organizations time, effort, money, and limits the growth of their driving engines: their people. This isn't just rhetoric. Consider just a few statistics:
- 32% of respondents in a CNN QuickVote said that the standard of written and spoken English in their companies was "poor."
- Miscommunication can cost an organization 25% to 40% of its annual budget, estimates private investment firm Manchester Companies.
- It's estimated that 14% of each workweek is wasted as a result of poor communication.
- A 2004 NFI study of over 2,000 senior executives and managers across the US found that 94% of the participants identified "communicating well" as the most important skill for executives and managers to have in order to be successful today and tomorrow.
- A multi-year Gartner Group survey concluded that more than 80% of IT projects were "late, over budget, short of expectations, or simply undelivered" as a result of poor communication at the outset.
- A survey by the National Commission on Writing, a panel established by the College Board, concluded that one-third of the employees in blue-chip US companies wrote poorly, and that businesses were spending as much as $3.1 billion annually on remedial training.
Course offerings focus on each area.
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