Communication is a vital component of success in modern society. It is the most basic building block of relationships and teams, and as such, is of paramount importance in business. Different businesses use many informal and formal means of communication in order to distribute necessary information, and in organizational behaviour, the relative strength of each is described as channel richness. As the title suggests, informal methods are less rich than their formal equivalents. The most used informal channel is the grapevine, which is essentially word of mouth among friendly employees. This type is usually the most valued, yet is also the most skewed, as it includes perceptions and emotions whilst formal channels are simple and direct. A common example of a formal channel is the conjunction of vertical and horizontal communication, in which information is distributed down among and all across each organizational hierarchical division via email, websites, and news as a few examples.
Every major successful business has their own individual communication channel that is suited to their field. What this enables them to do is remove the chance of selective perception of its employees, enabling work to be carried out in a timely and organized fashion. According to this Australian Institute of Business Blog post, proper communication channels also facilitates innovation, stimulates productivity and adds a sense of transparency. I fully agree with these points, as clear and statistically unbiased information and the distribution of said information simply creates a superior business.
All in all, establishing proper communication methods is needed for companies to reach their full potential. The ramifications without it include having orders and information being skewed, created a flawed teamwork setting that only leads to poor performance as a company.
Bibliography (APA):
[Communication]. (n.d.). Retrieved February 5, 2017, from https://fthmb.tqn.com/6dpcZyxi3JOOQ6t27O_w6nkSWzg=/768×0/filters:no_upscale()/about/iStock_000049266740_Medium-56b097713df78cf772cfe49f.jpg
Hutton, L. (2016, November 21). 6 Reasons Why Effective Communication Should Be a Focus in Your Business | AIB Official Blog. Retrieved February 06, 2017, from http://aib.edu.au/blog/6-reasons-effective-communication-focus-business/

This has created a crazed stigma in which everyone feels the need to own the newest upgraded iteration, without much regard to the lack of improvements that Apple puts into each successive product. What is happening here is an organizational behaviour and marketing effect deemed the “Halo Effect,” in which consumers feel inclined to buy other products from a brand based on the merit of their previously purchased products. In this case, Apple is riding the success of the revolutionary iPhone 3Gs as an example, in order to sell their new products. This halo effect is a massive strength of Apple, but it has also landed them massive amounts of criticism based on how they essentially resell the same base product, with few upgrades to ream as much revenue as possible. A commonly used phrase to describe each new models features is “having a new camera, and being thinner and lighter.” This trend has continued in their Macbook Pro and Air laptop product lines as well, but not to the extent of the iPhone. At the UBC Sauder School of Business, m
andatory classes make owning a laptop of paramount importance, so almost everyone owns an internet enabled device of some sort. The majority of these devices are Macbooks, and every time a new iteration is unveiled people feel inclined to upgrade. Whether or not people will realize the power of the Halo effect within Apple will determine how long they can keep the charade up before having to return to their creative and innovative roots in order to sell their products.