The
objective of this paper is to provide deep insights regarding the corporate
communication strategy which Microsoft Corporation has implemented. Microsoft is an American organization
whose headquarter is situated in Redmond Washington, USA. Microsoft Corporation
was established in the year 1975 by its founder Bill Gates. In the i980s the
corporation dominates the market with its operating system MS-DOS. Microsoft
not only provides innovative products to its customers but also those products
are available at affordable prices. Microsoft has created customer loyalty. The
paper has not only discussed the communication strategies but has also given
important recommendations as well.
Overview of the Corporate Communication
Strategy of Microsoft Corporation
Microsoft
is among the world's largest technology companies. Microsoft is an American
organization whose headquarter is situated in Redmond Washington USA. Microsoft
Corporation was established in the year 1975 by its founder Bill Gates. In the
i980s the corporation dominates the market with its operating system MS-DOS.
The organization decided to go public in the year 1986. The organization is
short amount of time experience massive growth. The organization over the years
have performed various acquisitions, which include the acquisition of LinkedIn
& Skype Technologies (Cornelissen, 2011).The main products of the organization
include Visual Studio, Windows, Office, Xbox, etc. The services which the organization
provides to its customers include Bing, LinkedIn, TechNet, Azure, etc.
According to the latest estimates the organization has employed approximately
144,106 employees worldwide. Microsoft Corporation is among the Fortune 500
companies. Microsoft organization is not only among the world's largest
companies by revenue but also among the largest companies in terms of value (Campbell, Edgar, & Stonehouse, 2011).
Reputation of the Corporate Communication
Strategy of Microsoft Corporation
The
stakeholders of Microsoft Corporation are mentioned as follows:
·
Consumers/customers
·
Workers or Employees
·
Society
·
Investors
·
Government
For
most the businesses or organization there is no doubt that customers are the
utmost priority. Microsoft not only provides innovative products to its
customers but also those products are available at affordable prices. Microsoft
has created customer loyalty. The customers of Microsoft love the windows
operating system because its user-friendly and updates with the passage of time
(Campbell, Edgar, & Stonehouse, 2011). It can be said that
customers consider Microsoft a major brand which provides innovative products.
The reputation of company among investors is also quite good because the
organization is among the world's largest technological corporations. The
company not only earns high revenues,
but also due to high profitability the company
meets the interest of its investors efficiently (Gambetti & Quigley, 2012).
To
investors the corporation provide significant return. The investors usually
invest in such organizations where the organization provide significant return
on investment. The corporation does not invest in such corporation whose
financial performance is not good. Microsoft exceptional financial performance
attracts various investors. The employees who work for Microsoft also consider Microsoft
among the best technological organizations. Microsoft employee practices are
fair and the management of the organization highly focus on the health and
wellbeing of its employees (Kourdi, 2009). The organization provides many
incentives to employees and pay them high salaries. The compensation packages
or remunerations which Microsoft Corporation provides to its customers are
among the best in Technology industry (Spender, 2014).
Corporate Communication Functions
of the Corporate
Communication Strategy of Microsoft Corporation
The
Microsoft organization has implemented various corporate communication strategies
for communicating with its various stakeholders efficiently. The organization
use various media platform for communicating with its stakeholders. With
investors the organization hold annual shareholders meeting in which the
organization provide important information to its investors. The organization
also hold various conferences for the investors to tell them about the
financial performance of the organization (Gambetti & Quigley, 2012). Microsoft
communicates with its customers through Website and social media platforms.
Microsoft organization also uses advertisement strategy to inform its customers
about its latest products. The customers are the top priority of the
organization so its communication strategy focuses on the customers. The
corporation has a strong mechanism, of customer services. The customers can
complaints about the issues which they are facing regarding the
product/services and the management give feedback to its customers after
evaluating their complaints (Campbell, Edgar, & Stonehouse, 2011).
Recommendations of the Corporate Communication
Strategy of Microsoft Corporation
If
all the above discussion is summarized than it is evident that the Microsoft
organization has implemented various corporate communication strategies for
communicating with its various stakeholders efficiently. The organization use
various media platform for communicating with its stakeholders. With investors
the organization hold annual shareholders meeting in which the organization
provide important information to its investors. The organization also hold
various conferences for the investors to tell them about the financial
performance of the organization (Gambetti & Quigley, 2012). Microsoft
communicates with its customers through Website and social media platforms.
Although the organization communication strategies are meeting the goals of the
organization but till there is a lot of room for improvement. The corporation
can implement such programs through which the communication skills of the
employees can enhance so that the issues which still occurs in the organization
can be resolved (Campbell, Edgar, & Stonehouse, 2011).
References
of
the Corporate Communication Strategy of Microsoft Corporation
Campbell, D., Edgar, D., & Stonehouse, G. (2011). Business
Strategy: An Introduction (3 ed.). Macmillan International Higher
Education.
Cornelissen, J. (2011). Corporate
Communication: A Guide to Theory and Practice. SAGE.
Gambetti, R., &
Quigley, S. (Eds.). (2012). Managing Corporate Communication: A
Cross-Cultural Approach. Macmillan International Higher Education.
Kourdi, J. (2009). Business
Strategy: A Guide to Taking Your Business Forward (2 ed.). John Wiley &
Sons.
Spender, J.-C. (2014). Business
Strategy: Managing Uncertainty, Opportunity, and Enterprise. OUP Oxford.