BC - Unit 8 - Online Communication and Social Media
BC - Unit 8 - Online Communication and Social Media
Unit 8
Online Communication and Social Media
Unit 8 - Online Communication and Social Media
Introduction
As Bankers, it is imperative that we use different communication tools and methods depending on the situation. The rules and etiquettes
require us to be formal, polite, and curt in our communications.
Work staffs in an organization use instant messaging, video chat, or social networking to communicate with others. You can choose
whichever methods best fit your business.
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Unit 8 - Online Communication and Social Media
Learning Objectives
At the completion of this unit, you will be able to:
• Define online communication
• Identify the forms of online communication
• Explain the role and importance of social media and online communication
• List the do’s and don’ts in social media and online communication
• Apply the etiquette of online communication and social media to communicate
effectively
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Unit 8 - Online Communication and Social Media
Table of contents
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Unit 8 - Online Communication and Social Media
Table of contents
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Unit 8 - Online Communication and Social Media
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Unit 8 - Online Communication and Social Media
Synchronous Computer-mediated Communication: Whereby people communicate in real time via chat or discussion software and
applications, with all participants at their computers or smartphones at the same time.
Asynchronous Computer-mediated Communication: Whereby people communicate in a delayed fashion by computer, using
programs such as e-mail.
The focus on online communication is on:
• How do the processes which occur in online communication bring in clarity of ideas, thoughts and opinions in a general sense?
• What etiquette is required, to communicate effectively in the online realm?
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2. Evolution of Communication
Nomads Early Man Dialectal Man Modern Man
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Unit 8 - Online Communication and Social Media
vi. Cloud Computing: Cloud computing lets people use the internet to tap into hardware, software, and a range of related services on
demand from powerful computers usually based in remote locations hosted by service providers and business consulting companies
e.g., Infosys, TCS etc.
Cloud computing can help meet the following challenges:
• Universal Connectivity • Security
• Open Access • Privacy
• Reliability • Economic Value
• Interoperability and User Choice • Sustainability
vii. VoIP or Voice over Internet Protocol: This is used to denote any transmission between more than one user. Usually, multiple users
can use VoIP. It is a viral communication method and also captures the subtle nuances of verbal communication. Voice-over-Internet
protocol (VoIP) is a technology that lets users make calls using a broadband Internet connection instead of a standard phone line.
VoIP technology converts the voice signal used in traditional phone calls into a digital signal that travels via the Internet rather than
analog phone lines.
Technical jargon, while necessary to some extent, should not be used excessively. Wherever possible, it is recommended to use
acronyms in brackets. For example, instead of Know your customer, use KYC.
Too many shortcuts would ruin the intention of the message and may not serve all the audiences. Many online communications are
customized for their audiences, and it is highly recommended for all companies since it increases the effectiveness of the
communication.
2. Thanking, Acknowledging and Supporting People: People cannot see you nod, smile or frown as you read their messages. So, if
they get no acknowledgement, they may feel ignored and be discouraged from contributing further.
3. Acknowledging before Differing: Before you disagree with someone, try to summarise the other person’s point in your own words.
Then they know you are trying to understand them and will be more likely to take your view seriously.
4. Making Your Perspective Clear: Try to avoid speaking or writing in a dogmatic and impersonal way, so avoid phrases like ‘It is a fact
that …’ as they leave no room for anyone else’s perspective. So, why not start with ‘I think …’? When you are studying a course, you
may want to present someone else’s views; if so, say whose they are, perhaps by a quote and acknowledgement.
5. Clearly Showing Your Emotions: Smileys or emojis can be used to express your feelings. Other possibilities are punctuation (?!
#@*!), <grin> or <joke>.
Emotions can be easily misunderstood when you cannot see faces or body language. People may not realise when you are joking,
and one person’s joke may not seem amusing to someone else. You should always be aware of the receiver(s) of your message,
particularly as people from widely differing cultures and backgrounds may read what you write online. What you find funny may be
offensive to them.
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6. Avoiding ‘Flaming’: If you read something that offends or upsets you, it is very tempting to dash off a reply and hit ‘Send’ – but
don’t! Online discussions and Twitter exchanges seem to be particularly prone to such ‘flames’, and can escalate into a flaming spiral
of angry messages. So if you feel your temperature rising as you write, save your message, take a break or sleep on it – don’t hit
‘Send’.
4. Role and Importance of Social Media and Online Communication in Business
New technologies such as social media and customer preferences are forcing banks to adapt their business models and evolve at an
unprecedented pace. It is better that the banks stick to their knitting and focus on getting the basics right. Besides, this is not the time for
banks to be taking on new risks (both financial and reputational) for the sake of social engagement.
In fact, one could argue that social media when properly harnessed—could be the solution to almost all of the problems that banks
currently face. From customer loyalty and the re-establishment of trust, to new product development and more efficient approaches to
customer service, social media offers innovative banks a fairly straightforward and cost-effective approach to transformation.
Is There a Language and Etiquette Followed in Online Communication and Social Media?
Yes! It is especially important that we have guidelines in place for the etiquette of communicating in an online setting and social media. In
business communication, it is customary to use a formal tone, even if the readers are quite well known. We convey our thoughts,
opinions, ideas, and emotions through texts, it is easy for people to misinterpret our meaning. As a professional or a personal brand, you
also have a duty of care to use appropriate language and ensure that communication is:
• Positive
• Not discriminatory
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2. Informal Communication: Traditional written correspondence such as letters via postal mail is usually more professional in format
and tone, while email and texting can show a lower standard of professionalism. This can become a problem if clients feel that the
informal nature is a reflection of actual capability. Professionalism suggests whether a company is capable of doing the job it was
hired for. Informal communications may tarnish a company's reputation.
For example, if an employee addresses a customer in an email, "Hey Linda," this simple informal salutation may be perceived as too
casual or perhaps even unprofessional by some. If the body of the email uses slang or improper grammar, the reader might delete
the email before finishing it. It's important to know your clients or customers on a fairly casual basis before you jump right in with a
first-name salutation, and to always keep your level of business communications professional.
3. Information Overload: The acceleration of change is accompanied by an increase in the information needed to keep up with all
these development. This, too, leads to psychological, physical, and social problems. A worldwide survey found that two-thirds of
managers suffer from increased tension and one-third from ill health because of information overload. Other effects of too much
information include anxiety, poor decision-making, difficulties in memorizing and remembering, and reduced attention span. These
effects merely add to the stress caused by the need to constantly adapt to changing situations.
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Unit 8 - Online Communication and Social Media
• For Example: Commenting on a cricket match, political discussion, being insensitive to the happenings in people’s life and
society.
No Putdown in Public:
• Having good manners yourself doesn't give you a right to correct everyone else.
• So, when someone makes a mistake think twice before reacting.
• If it is important to inform someone of his/her mistake, communicate politely, and in a private e-mail rather than in public.
• Avoid shattering someone’s self-esteem and confidence while communicating a mistake.
• Suggest in your feedback as to how the person could have avoided making the mistake making it a learning opportunity rather
than a criticism.
6.1 Chatiquette
Another term that refers to guidelines for online communication is Chatiquette.
The following are the guidelines to be followed while chatting with a colleague:
i. Respect everyone’s viewpoint iv. Avoid putdowns or insults
ii. ALL CAPS means shouting v. Be brief
iii. Avoid profanity or inappropriate language vi. Stick to the topic
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WhatsApp:
In an emerging economy like India, smartphone penetration has just scratched the surface. WhatsApp has played a big part in getting
users to buy data plans and change their behaviour from using SMS to Internet-based messaging.
Apart from communication, WhatsApp is turning out to be a tool that is empowering many small businesses. You need to identify on how
this tool can be used for your team or business.
For Example: Raman is a vegetable vendor in Vadodara, Gujarat. He used to take orders on call and deliver wherever required. But now,
he takes a snap of whatever he has and sends it to a group of customers on WhatsApp. Customers get to see what he has to offer and if
the vegetables are fresh, before they place an order. This is a huge behaviour change. And it has come about very fast!
7. Impact of Social Media at the Workplace
Right from the work floor to the CEO suite, Online Communication and Social Media are changing the way we work and how managers
at the workplace are perceived. Businesses are creating comprehensive strategies in this area. Needless to say that most of us have a
social media presence—say, a Facebook or LinkedIn page—and that we must use it strategically.
Today’s managers must embrace social media for three reasons:
1. First, they provide a low-cost, highly accessible platform on which to build your personal brand, communicating who you are both
within and outside your company.
2. Second, they allow you to engage rapidly and simultaneously with peers, employees, customers, and the broader public—in order to
leverage relationships, show commitment to a cause, and demonstrate a capacity for reflection.
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3. Third, they give you an opportunity to learn from instant information, trends, best practices, and unvarnished feedback.
To formulate your social media strategy, it helps you to clarify your goals (personal, professional, or both), desired audience (private or
public), and resources (can you justify using your company’s?).
You must also consider the risks of maintaining a large number of connections, sharing content, data, pricing and competitive positioning
of your product or services online.
8. Best Practices for Communicating Effectively Online
Given that so many of today’s meetings occur online, communication isn’t just a nice skill to have – it’s essential. Good communication
can be the difference that prevents problems, improves the flow of work, and even makes working as a team a more satisfying
experience.
Some of the best practices to incorporate to improve online communication are given below:
8.1 Apply Some Logic to the Meeting Invitations
Doing too much will only result in confusion and lack of clarity. That means avoiding inviting people who aren’t necessary to be in on the
meeting in the first place. Sometimes, people want to be in on meetings because they want to be a part of the process, even if they don’t
have much to contribute. That’s perfectly fine. But remember that increasing a meeting size beyond what’s necessary doesn’t increase its
importance; it only reduces clarity and focus.
8.2 Remember That Most Communication is Two-Sided
Seth Godin wrote an insightful post: “Communication is a path, not an event.” In it, Godin details his experience with a CEO who gave
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Unit 8 - Online Communication and Social Media
a one-sided presentation that most people listening immediately forgot. According to Godin, it would have been much more effective to
simply say, Let’s talk. Look for the same opportunities in the way you communicate online. Are you focused on your presentations and
your one-sided communication? If so, where are the opportunities to open it up to both sides?
Schedule some portion of these meetings to include a give-and-take, so you can clarify your points and receive feedback. The more you
let people contribute, the more likely they are to remember what was said.
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iii. Share relevant news from external sources (along with your point-of-view).
vii. Monitor trending topics and align your content or brand with it.
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Here are a few tips to help you practice safe business networking and to communicate online:
g) Apply settings on online communication to prevent sharing of data with third party or competitors
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The account belonged to couple and was being maintained with “operational instructions” of either or survivor. The bank was held
accountable for the disclosed information, and was charged a fine with the instructions to look into the conduct of the officials who were
supplying information to the unauthorized individual.
The fact that, a bank employee permitted an unauthorized person to access personal information raises the question of privacy. Privacy
legislation also raises the question of whether the employees in the financial sector should through training on privacy procedures, or as
applicable to different industries and businesses.
a) Specific guidelines to the instances in which each type of information can be disclosed.
b) Appropriate notice should be given to the customers for the disclosure of personal information. Notices of disclosure should include:
initial privacy notices of the financial institutions policies and practices with respect to the disclosure and protection of personal
information and annual notices. If there are exceptions to be made, these should be clearly established.
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11. Summary
• Online communication in a modern organization is very important, since it contributes greatly to the success of a professional and a
company.
• The term "online communication" refers to reading, writing, and communication via networked computers.
• The various forms of online communication are e-mails, blogs, video conferencing, newsletters, instant messaging and cloud
computing.
• While communicating online, always maintain a positive, in-discriminatory and an appropriate language in a business environment
and workplace. It is important to be polite and respectful when you are online.
• These guidelines will help you while communicating online both verbally and in written form:
1. Clarity in messages
5. Keep it short and simple
2. Don’t forget the human element
6. Share expert knowledge
3. Be ethical 7. No flaming
4. Be careful before you initiate 8. No putdown in public
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