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4349 The World without Bankruptcy Laws

Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]

4348 The Wirecard and Infosys Scandals are a Lesson on How NOT to Treat Whistleblowers

What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]

4347 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

4346 Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies

Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]

4345 Why Government Should Not Invest Public Money in Sports Stadiums Used by Professional Franchises

In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]

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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

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While writing to a friend, colleague, client, or a business partner, the content must be clear, concise, persuasive, accurate, and confident. Read on to know some tips for making the letter/memo/presentation worthwhile.

  1. Avoid being verbose: Choose shorter words and sentences.

    For e.g. “I wanted to bring to your notice that the meeting has been cancelled”. [10 words] This sentence could be rephrased as “Please note the meeting has been cancelled”. [7 words]

  2. Use objective subject lines: The subject of the memo/letter/e-mail should be objective and should reflect the content of the message.

    For e.g. “Tips on Effective Writing for Business” conveys to the reader that the message content will be related to information on effective writing.

  3. Decide your audience: It is advisable to write to one set of audience as writing to different professionals would require choosing correct verbiage which is understood by different professionals in the same way. Also, do not use words which are very technical and can be understood only by a specific audience.

  4. Request for action: Never leave the reader guessing “what next ?” He or she should know what is expected out of him/her. Close your mail/letter with the action you are expecting the reader to take.

  5. Share companywide messages with a strategy: Do not overload employees with a lot of text heavy mails. Divide the message.

    For e.g. If a company has set up a videoconference room, the Corporate communication Team should sent out the first message announcing the launch, the second message on how to use the equipment, and the third message on how to block the conference room for client meetings and calls.

  6. Logically format a document: Ensure that the content in the message is linked to the subject and to the content below and above it. There should be a logical connection in various paragraphs included in the document.

  7. Be Persuasive: Address one reader rather than many as it increases the focus and also creates accountability of the reader.

  8. Engage the audience: Talk to the audience.

    For e.g. Rather than saying, “There will be two ways for calculating the cost.” The sender of the message could say, “Financial Analysts can choose one of two procedures to calculate the cost.”

  9. Check before you send: Always proofread the mail/memo/document that is to be sent. Remember the first draft is not always the final draft. Do not only check for content, but also, check for formatting, subject lines, audience, and attachments.

  10. Execute with confidence: Do not be fearful while sending the communication. If a reminder needs to be sent, it should be sent. Do not try to send it to a group, rather send it to those who haven’t sent the reports so far.

    For e.g. In case you are following up on a report you asked for, address the audience as “Thank You X, Y, Z for sending the reports. We are still awaiting reports from A, B, and C. Request you to send them latest by 4:00 PM today.”

Happy Writing....!

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