Business Communication Skills

Faculty of craft, Computing & Information Management channel Communication Skills Coursework- brusk review & person-to-person Development Review module Coordinator Mr. Phil Vell displaceer Module Code BBS-6-BCS Course MBA (FT) By Mahalakshmi Table of Contents Critical Review Do careholders own the party? 1. 1 Introduction This is a critical review of an cla intent published on the website of The Financial time on 20 April 2012. This member was published in The Financial multiplication newspaper on 21 April 2012.The title of the article is Shareholders lag solitaire on bankers expect by Dan McCrum and Kate Burgess from New York and capital of the united Kingdom respectively. The purpose of choosing this article is of my personal interest on banking industry, for its interesting schooling ab discover shareholders, implication and ornate style of writing. This review begins with an abstract on the proveing and writing con schoolbook of the article, followed by a brief heavyset of key levels, a critical evaluation of language mathematical functiond, nitty-gritty analysis and a conclusion. References and the article itself are excessively included at the end of the review. . 2 Context As menti unityd before, this article has been taken from the newspaper return The Financial Times, which is one of the largest business sector news and information company in the world. It offers vast news, comments, data and analysis to business community globally. It is cognise worldwide for its reliability, authority and accuracy(http//www. ft. com/home/uk). The article relates to current affairs on the importance of investors vote on the companys tolerate. The writers of this article debate the same on different banks in United Kingdom and United States.Moreover, it brings different predictions based on the impact of the investors vote on earnings package. 1. 3 Summary First, the writers of the article begin with the information on how the chief executiv e of Citi congregation suffered a loss because of lack of its shareholders bread and butter on their feed package. Furthermore, they also discuss that the board of come inors look screening to their gestate levels questioning themselves on what machinates the investors lose their temper and found that execrable returns of the banks investment to be the reason for losing shareholders patience.Second, the authors stress on the point that it is shareholders responsibility to doubtfulness the company board of directors about their fiscal position, performance and their management strategy. They also state that due to the governance compress on investors, it is mandatory to hold an advisory say on comport vote for all US registered companies. They also show evidence on how companys pay changes depending on the investors support by grown the statistical data on two companies manage Jacobs Engineering company and Beazer Homes. Third, the authors compare the US listed companies votes with that of UK registered companies votes.They defend chosen Barclays bank in capital of the United Kingdom as an example. According to the article, the investors ache decided to vote for Barclays for its plan entirely still many are threatened to vote no. evening though, Mr Diamond is considery to give away half of his bonus and share higher profits to shareholders, still some of the investors does not agree to bear say on pay vote. Finally, the writers conclude that the executives who fail to respond their shareholders result have to face its consequences and pay a bulky price. 1. 4 linguistic process Analysis The language of the article fluctuates between idiomatic language and editorial style.An example of editorial style can be found in the beginning of fourth paragraph Boards looking at their own pay scales.. confined to the banks and also in the fifth paragraph Investors are have been fraying for some time. The writers uses certain spoken style and furthermor e raises direct questions like for example, Is it enough? thereby attracts the readers attention. Moreover, evidence of faculty member style usage can be noticed in hardly a(prenominal) paragraphs. For instance, idioms like came out of the blue and rubbed salt into their wounds arouses the readers fellow feeling on the chief executive.Paragraph length is not alike long with sink and appropriate separation of ideas thereby making this article easy to read and understand. Sentences vary from short to medium or rather not too long but there is a combination of simple and mazy in their structure. No subheadings have been apply in this article. The title Shareholders lose patience on bankers pay raises an issue and grabs the attention of the readers. Consequently, this will also boost the audience to continue reading because they will penury to enjoy what the subject is about and the reason for the problem.The writers provides visual of Vikram Pandit, chief executive of Citig roup, who is take aback and looks in truth perplexed, thinking on why shareholders denied to accept on his pay package. However, the vocabulary range is reasonably wide and standard with a little informal and business language. For example, aberration(meaning abnormal), assertive (meaning confidant), both in the quaternary paragraph and abstentions(meaning the act of self-denial) in the 18th paragraph shows the evidence of use of formal words. The writers also use some spoken vocabulary like said and says.Business vocabulary crops up throughout the text for example shareholders(line 1), pay package(line 8),say on pay() or profits. The text type of this article seems to be argumentative as the writers raise an query to the readers on whether the shareholders has the mighty to play role on deciding the pay package for the executives of the company and take initiative on accepting or avoiding the remuneration committee. In addition, this article was also informative as it provides flesh out on how the shareholders are affected by different bankers pay package and their bonus without attaining actual success. . 5 Content Analysis The content of the article is well-organised and simple to understand for readers who are more interested in financials due to its business language and strong points. As a learner who is interested in finance, this article seems to be interesting and informative one as it provides the current news on shareholders role on a company (here is the case of banks) and discusses the consequences of losing companys shareholders support and their advisory on say on pay vote at annual meetings.This article partially carries new acquaintance for frequent readers of this magazine about the significance of the companys shareholders support. On the other hand, this article conveys a serial of interesting awareness and hypothesis where he falls back with binding proof. As an American and British, the authors show an evidence of good knowledge o n the financial performance and series of events of different firms that take place in every company annual meeting. The way the writers build up the contention is simple to follow and understand.The authors have explained from their point of view on shareholders circumstance up remuneration committees and re-elections in the UK and US economy. No alternative point of view is displayed. Some of the statistical data from the article are fake to make headway it believable but perhaps it is major claim to ace for me is that I completely agree with the authors point of view. 1. 6 Conclusion In conclusion, the article presents an interesting viewpoint on shareholders responsibilities and right to take the leading role in terms of reimbursement.With clear examples, the article demonstrates the effects on investors vote on bankers pay. The authors conclude by stating that the decision made on Barclay will come to know alone after the meeting. The language range is typical of the publ ication, widespread, normal and with ample of business terms. In my opinion, the article is a good choice for finance and merchandise students in comprehending more about the investors role. Overall, it provides a clear eyeshot on an emerging marketing trend in the world today. 2. Personal Development Plan Review 2. 1 IntroductionAny singular will want to establish their personal goals and make them practicable within a limited period of time. In show to achieve this, it is necessary to prepare a Personal Development Plan(PDP). According to the guidelines for HE progress files, PDP is delimit as a structured and supported process undertaken by an individual to reflect upon their own learning, performance and/or achievement and to plan for their personal, educational and career development. Being one of the modules in my course, I have been asked to prepare my personal development plan for communication skills.In this review, it starts with the four feeling model used for my P DP and ends with a conclusion. 2. 2 Four-step Model In order to set up my personal development plan, I have used a simple model, as recommended in our business communication skills module guide. This model consists of four steps which are as follows 1. Identify what you choose to develop/ make better * Enhance my academic writing skills * Develop my utterance style, improve on my vocabulary, tone and pace while giving an literal presentation * Learn how to do speed reading * learn how to make proper notes- note taking 2. Identify how you can achieve your aims To improve my academic writing skills, I will get along writing essays, read books about academic writing and pay attention to the lectures on the same. * get a line to news and radio, communicate with my classmates and show active participation in group treatment in order to build up my style of communicate * Will make a list of new words, linkers, learn synonyms and work some academic vocabulary exercises * Pay atten tion to my followers way of do their oral presentations, make a note of their strengths and weakness, thereby improving my oral presentation skills i. . tone and pace * Will read lot of books as possible, journal papers to develop speed reading * Will use the concept judgment mapping whenever I take notes 3. Identify when you will do the activities described in 2. above * Week 2-9 * Answering discussion questions in managerial economics and follow-ups for the same * Week 2-8 * Review my colleagues oral presentation and practise my presentation in earlier of mirror * Week 8-9 and during Easter holidays Practise taking notes using mind mapping while reading core text books * Read and practise exercise from the following books Bailey, S. (2011) Academic Writing for International Students of Business, Routledge Bennie, M. (1998)(4th ed) Mastering Business English how to improve your Business Communication skills, Oxford 4. Check yourself- how will you clear you have accomplished yo ur aims? My main assessment strategy will be by observing my marks and feedback I get for my assignments and oral presentation.With the armed service of mind mapping, I was able to complete some of my coursework one week earlier than the actual deadline. The marks and feedback for the same are due in the next few weeks. Alternatively, I will also be monitor myself on specific areas like speed reading. My marks have been very satisfactory till now. 2. 3 Conclusion Overall, I could make out that the decent marks and encouraging feedback has given me confidence about my knowledge of English language has improved. I feel that my speed reading and speech production style also has improved.I am very sure that these progresses will support in the coursework ahead and my final dissertation. I will also make sure that I will continue to develop these qualities in honorable future too. 3. References * Guidelines for HE progress file Online Available from http//www. qaa. ac. uk/Publication s/InformationAndGuidance/Documents/progfile2001. pdf Accessed 1 whitethorn 2012 * Financial Times http//www. ft. com/home/uk * Thesaurus http//thesaurus. com/ * Word Hipo http//www. wordhippo. com/