Archive for the ‘Business Sense’ Category

ELEVATOR PITCH MEETS CLARITY

Wednesday, July 15th, 2009

This may come as a shock to some, but some of the documents I read are sometiimes very long and not terribly interesting. I dont fault a business for being complicated. Heart surgery is complicated, and that is a good thing. But often I reach the final paragraph and I still dont know what a business actually does.

Ive learned to inquire politely, in various ways. Inevitably, I ask:

Just tell me why people give you money?

Suddenly all the fancy words disappear in the muddle of customer features, benefits and innovations.

WHY do people pay us money? Thats easy:
We fix their computers, or
We tell them how to run their business, or
We sell them software that organizes their information.

Network solutions providers? Strategic Entrepreneurial Consultants? Back End IT Enterprise Management Systems Engineers?

No. Just give me those verbs fix, tell, organize these are the words hidden in those complicated paragraphs muddy with well intentioned meaning.

Next time youre trying to describe your business, err on the side of clear communication.

Customers give me money to _______.

The words will work magic for you!

Beth Parker
Professional Writer
www.bethparker.com

President, CAWEE
Canadian Association of Women Executives & Entrepreneurs
June 2008-June 2010

CLEAR UNCOMPLICATED WRITING FIGHTS BUSINESS RISK!

Friday, March 6th, 2009

It’s official. I read it in Harvard Business Review (I always wanted to say that!). Apparently when the wise folk recently surveyed all of the ways that companies mismanage risk, “poor communications” came out as number five! The article goes on to attribute such failure to our current economic mess.

“Communications failures have certainly played a role in the most recent crisis”, quotes HBR. For example, a recent report from the Swiss bank UBS to its shareholders attempted to present its subprime or housing related exposures. Unfortunately, the readers of the report didn’t fully grasp the severity of the situation, in particular because the writing was overly complex… and directed to the wrong audience.

I love it when clarity wins over thick data, long words and complicate phrases. Remember this. Your audience may be very intelligent – or not so. Without a doubt, they are busy people with lots on their minds. If you are presenting a message that matters, such as asking for funding, approving a strategic plan or perhaps outlining serious risk, pay a professional to clearly communicate the message.

It’s value well spent, and it could keep us all out of trouble.

Beth Parker
Professional Writer
www.bethparker.com

President, CAWEE
Canadian Association of Women Executives & Entrepreneurs
June 2008-June 2010

MY OLD PAL WIL (SHAKESPEARE, THAT IS)

Wednesday, January 14th, 2009

Please be warned, this blog may sound a tad nerdy.

I had the best intentions following New Year’s day. I headed off to Indigo to find an inspiring business book. After spending an eternity staring at the rows of book spines, I began to see double, even triple. Every title promised the best “success factors”, the “top keys to leadership”, or the “ten steps to rise to the top”. It all began to sound so much the same and so very, very dull.

Discouraged, I headed for the biography section thinking that perhaps some current CEO might deliver real life inspiration. I got sidetracked somewhere between Bill Gates and Jack Welch. It found a new (and thankfully slim) book about the William Shakespeare. Yes, the playwright. I warned this might get nerdy.

Shakespeare, The World as Stage, by Bill Bryson, is a true breath of fresh air. Beyond giving inspiration, it took me to a time and place far from my piles of files, business plans, and websites waiting to be written.

So at the risk of sounding preachy, my New Year’s advice is don’t be afraid sometimes to look back during a month that also looks forward (hence, Janus – January, and all that). It is truly good for the soul, as well as one’s weary brain!

Beth Parker
Professional Writer
www.bethparker.com

President, CAWEE
Canadian Association of Women Executives & Entrepreneurs
June 2008-June 2010