The present article presents a description and an analysis of communicative actions, stories and sagas as an instrument of organizational analysis. It examines communication and decision processes which take place in media organizations in Belo Horizonte. This research had for two years the participation of several students under the author's coordination. Qualitative methodology of organizational analysis has been used, and participant observations, questionnaires, interviews and the examination of written documents have been accomplished.lnterpersonal communications, sagas, stories and the very communicative actions disclose people's myths, values, beliefs and objectives that constitllte the symbolic links which reflect, permeate and even direct organization life, thus becoming a fundamental ingredient to the understanding of modern organizations.Descrição e análise de ações comunicativas. Histórias e sagas como instrumento de análise organizacional.