Do you believe communication plays a vital role in a company's overall success?

Of course, it helps building strong relationships between the employees, and that forms a solid base to the company's development and success. 

Yes, it does. The key to a healthy relationship is communication, which helps to overcome minor misunderstandings and obstacles which may cause setbacks to the firm's development and therefore success. It's very important to keep the channels of communications open between the company's administration and its employees, and among the employees themselves.

Without a doubt, communication is the most important factor in determining the overall success of an organization. It is vital for an organization to communicate its goals, short & long term objectives and expectations to its employees in clear, precise and understandable form so that the employees in turn can understand, perform and meet or exceed those expectations. Companies that promote healthy open communication between their employees and management bi-directionally can benefit from new ideas, innovation and creativity in products, services and business processes. Good communication within an organization has the power to moderate differences in personalities, cultures, individual preferences and sensitivities, especially if the workgroups are diverse and multi-cultural, leading to a unified workforce with a shared vision. This will indeed create a highly motivated, enthusiastic and productive team that will consistently achieve the set goals. Good communication between the company and its customers can reduce the time to market the products. Companies that promote customers' feedback for new ideas & improvements can benefit from creating new value for their products and services, and reduce wastes and costs. Communication is certainly one of most important elements for the success of an organization.

It plays a vital role in every organization and in the society, it is a medium or channel where every individual transmit their ideas and expertise to create and contribute s organization success.

Yes, communication is definitely important in a company or any organization for it links the internal and external partners of the company. Through communication, success would be possible because everyone, whatever your rank in the company is, can contribute in making the plans better which also helps build a strong rapport between the employees and Top management. It is through communication as well that you could identify the STRENGTH, WEAKNESSES,OPPORTUNITIES AND THREATS TO THE COMPANY. 

Communication is absolutely vital, not just upwards, but downwards as well. Unless the company's vision, short term and long term goals are not shared, time to time with the teams working on the ground, organisations success will be shortlived.