1) Organizational communication is the process by which activities of an organization are collected and coordinated to reach the goals of both individuals and the organization. It involves the flow of information both internally between employees, departments, and management as well as externally with customers, investors, and other stakeholders.
2) There are different types of communication in an organization including formal vertical communication up and down the chain of command as well as informal horizontal communication. Modern organizations also utilize technology for internal communication.
3) Effective communication is important for organizations as it helps individuals understand goals, improves performance, enhances culture, and allows for better decision making. More communication allows organizations to be "boundaryless" with information flowing to where it is needed