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Meeting and Business Letter

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Meeting and Business Letters
40
MEETINGS
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  • MEETINGS

  • Topics to be coveredPlanning a meeting

    Conducting a meeting

    Memo

    Agenda

    Minutes of Meeting

  • Story time

  • MeetingA meeting is an assembling or coming together of two or more persons for the purpose of transacting some business tasks

    The word 'meeting' means an 'assembly of people for a particular purpose especially for formal discussion'.

  • Some facts..Wharton Center for Applied Research published in Wall Street JournalThe average CEO spends about 17 hours each week in meetings.

    Senior executives spend an average of 23 hours a week in meetings

    Middle manager spend 11 hours in meetings per week

    Senior and middle manager said only 56% of the meetings were productive

    A phone call or a memo could have replaced over 25% of the meetings they attend

    If managers conduct meetings appropriately, they can reduce the time spent in meetings by one-fourth

  • Objectives of MeetingMeet to move group actions forward, called task focus

    Present information to others

    Collaborate-review,evaluate, discuss, problem-solve, decide

    Social reasons

    Need to belong

    Need to achieve and make an impact

    Need to communicate, build and share a common reality

  • Exercise Students of Sem II are required to conduct a meeting and discuss 'preparation for placements'.

  • Planning a meetingBe specificCreate an AgendaPrepare in advanceMeeting processParticipation-Whose inputs do we need?, Who is needed to make a decision?, Whose consent do we need to move forward?The discussion management process-participative format with facilitatorPlan discuss and assign roles-Facilitator, recorder, leader, participant (timekeeper)Pre and post meeting communication- advance agenda, participants, time and place, preparation of materials, list of audio/visual equipment available to presenters, requests for any special needsCapture Key outcomes of meeting-decisions, action items, open issues

  • How to lead effective meetings?Starting time-seriousness of the agenda, reflects significance of the meeting

    Opening Remarks- serious & positive tone, introduce new participants, discuss agenda and objective, identify time constraints

    Getting down to business : Move to the first item on the agenda

    Participation-Encourage participation from all members

    Agenda- Use agenda to keep discussion on track

    Closing- Once items are covered, close the meeting, take final comments before closing, thank the group members

  • Meeting is declared

  • Excercise PGPGM batch is required to represent Xcellon in Management Fair-2013 scheduled on 1st April 2013. Conduct a meeting to discuss the theme and the modalities of putting up a stall in Management Fair-2013

  • How to Participate effectively?Arrive at scheduled time for a meetingWork on agendaCarry required documentsDress formallyParticipate Don't interrupt attendees/speakerDon't disturb other participantsSilence your electronicsSpeak concise yet detailedAttend the entire meetingConduct yourself professionallyMaintain eye-contact Make notes

  • Why don't we participate effectively?Fear of Evaluation

    Low self image

    Lack of exposure and experience

    I don't know how to speak

    Will it make any difference

    Others are already speaking on my behalf

    My contribution is not considered worthy

  • Exercise Students of Sem II are required to conduct a meeting and discuss 'preparation for placements'.

  • Stand-up meetings

  • Strategic issues related to effective meetingsTo meet or not to meet

    Non verbals in meeting (Words-7%, tone-38% and BL-55%)

    What if you expect confrontation?

    Reaching rapid consensus in meetings

    - Clear focus on moving forward together- Integrate with more parts of the organization

  • ExerciseConduct a stand-up meeting to discuss the reflections of Sustantivo-2013. List out learnings, to be incorporated in Sustantivo-2014.

  • Notice of MeetingThe word 'notice' is derived form a Latin word meaning 'knowledge'

    The term 'notice' in relation to meeting signifies the bringing of knowledge of the meeting to the persons concerned.

  • Cont..May be oral or writtenGenerally the rules of procedure of every organization states the notice period required for calling both general body meeting or of smaller groups else reasonable time should be givenEvery person concerned and entitled to attend the meeting must be summoned or given notice.It must contain particulars relating to time day, date, time and place of the meetingMust be precise clear and unambiguousMust be served in prescribed manner and in accordance with the rules if any.

  • ExerciseThe Convocation ceremony for SY batch is to be organized by FY batch, on 25 April 2013. You are required to convene a Faculty-student meeting to discuss the program schedule, assign tasks and responsibilities to attendees.

  • AgendaThe matters of business to be discussed at a meeting is called agenda

    Agenda gives an opportunity to the members to come prepared on the subject to the meeting.

  • Cont..It is written official document of business to be transacted at a meeting. Drafted by the secretary in consultation with the chairperson.Copy of agenda is normally enclosed with the notice of meeting and sent to all membersProvides the potential participants with the information needed to prepare effectively for the meeting.Can be attached as annexure or may be in continuation with the noticeEach item in the agenda is numbered and it gives the number of meeting also if the meeting is in series (3.01, 3.02, 3.03)

  • Agenda-Exercise1.01 Announcement of venue, date, time and guest details1.02 Inviting suggestions for programs to be included in the ceremony1.03 Listing of tasks1.04 Discussion of administrative issues1.05 Allotment of roles and responsibilities 1.06 Discussion on handling logistic1.07 Any other matter with the permission of the chairperson

  • MinutesIt is a brief summary or record of what is said and decided at a formal meeting.

    Minutes is a record of the proceedings and resolutions passed or decisions taken at a meeting.

  • Cont..Minutes are summaries of actions taken not verbatim transcripts of the deliberationsPersonal feelings and emotions not recordedIncludes:Classification of meeting(regular, monthly...)Reference to minutes of previous meetingReports of actions on matters previously presented to the groupReports of actions on matters presented to the groupPlace, date and time of the next meetingIdentification of people in attendanceIdentification of absentees and reasons for the absenceIdentification of person responsible for preparing the minutes

  • MemoA memo like a letter is a form of correspondence.Letters are sent outside the organization, memos are circulated within the organization Memos are brief written communication of internal correspondence, also called inter-office memorandaOrganizations use the memo format for short reports.Occasionally memo reports also contain an analysis of data and the opinion and recommendations of the writer.

  • Cont..It is an effective means of sending information at once to many employees within the organizationDecide the central idea or main purpose of the memorandum.Subordinate every fact or idea to this central idea or main purpose and show how these facts or ideas are related logically to the central theme.Reject any material which is irrelevant, superfluous or unnecessary for the reader's understanding of the central idea.

  • Standard Memorandum FormatIt consists of the captions 'To', 'From', 'Date' and 'Subject'. These captions may be arranged in different ways but either 'Date' or 'To' should be the first item. Subject should immediately precede the main body.The subject line must be a precise, meaningful summary of the memo's content.Left and right margins should be at least one inch wide.Do not use an opening salutation such as 'Dear Sir/Madam'.The memo body is single spaced. Leave double space between the heading and the first paragraph of the body and between paragraphs.

  • Cont..Enumerations focus the reader's attention on specific informationNumber the items so that they help the reader to identify specific items for responseIf there is only one major point, do not number the major pointDo not use a closing line such as 'Yours sincerely' or 'Yours truly' at the end of the memo.The memo sender puts her/his initials after the type written name to indicate approval of the message

  • Exercise Assuming that you are the student coordinator, write a notice for a Student-faculty meeting to be organized on 15 April, 2011 at 11:00 am in the campus. Also prepare an agenda for the same.

  • Layout of Business letterStationeryMarginsPunctuationClosed punctuation: period follows dateline, the end line of the inside address and the signature, comma follows all lines of inside address, salutation and complimentary closeOpen punctuation:No punctuationMixed punctuation: Period follows the last line of the inside address, comma follows date line, street name(if any), the salutation and complimentary close

  • Forms of Layout of LetterBlock Form

    Semi-Block Form

    Full-Block Form

    Indented Form

  • Sales LetterPlan Understand your prospect. What do they care about? How can your product or service fulfill a need for them? Understand the difference between features and benefits. Anticipate your prospect's objections and be prepared to counter them. Decide what the main objective of your letter is, and develop an offer to help meet that objective. Make sure the person you're writing to is the buyer. Study other samples of sales letters.

  • Cont..Outline Write a headline or use a testimonial, review, or endorsement. Write down your lead paragraph that states your product's primary benefit. Write down additional benefits. Outline objections and counter them. State price and profit potential. Mention special offers or discounts. Use supporting statements such as testimonials and statistics. Write out the details of any offers or discounts. Write your closing paragraph.

  • Cont..Write

    Use the proper format. Use key words. Use the active voice. Edit and rewrite.

  • I s l a n d Long Distance September 8, 2008

    Julie SmythePresidentAlternative Retailing777 Easy WayLos Angeles, CA

    You can cut your company's long distancephone expenses by 30%! Dear Ms. Smythe:

    It's true! Island Long Distance saves direct mail retailers just like you as much as 30% off their monthly long distance phone bills.

    We offer the same fiber optic telephone lines that your current service now offers, except we charge a lot less for our high quality service. And, with Island Long Distance, you never have to worry about lost sales due to a power or systems failure. In the event of an emergency, our computer will automatically reroute the calls from your 800 system to another location of your choosing.

    Maybe you're wondering why you've never heard of us. That's because unlike AT&T and MCI, we don't spend millions of dollars on expensive advertising campaigns. We choose to pass this savings on to you. In fact, most of our new business is generated the old fashioned way: our customers recommend us to their colleagues.

    But that's not all. Island Long Distance offers:

    Delayed Payment Options During Your Off-peak Months. As a clothing retailer, we understand your business has peaks and valleys, and we're prepared to help you through the valleys. Simply choose one of our convenient payment options that's best for your needs. Guaranteed Rates For Two Years. AT&T, MCI, and Sprint raise their rates 20% every four months (those clever television commercials sure cost a lot of money). We don't, and We'll Put It In Writing. Guaranteed Satisfaction. If after using our long distance for 90 days you're not completely satisfied for any reason, we'll switch you back to your old service free. Afree Month Of Long Distance To New Customers.

    But please don't just take Island's word on it. Here's what some of customers think about us: "Island Long Distance has cut our long distance phone bills by 30%!" Ellen Walker, President, Peacock Fashions

    "I'll never forget the hurricane that downed our phone lines for one week. And I'll never forget how quickly Island Long Distance rerouted our calls to our New York branch. They saved us during our busiest sales season!" Alan Fisher, Sales Director, Candy-By-Mail

    I've enclosed a brochure that further details our state-of-the-art rerouting system and delayed payment options. Please Be Advised The Free Month Of Long Distance Is Available Only To New Customers Who Sign With Us By July 1. You must act quickly to take advantage of this exceptional savings opportunity.

    I'd like to meet with you to discuss how Island Long Distance can immediately begin saving you up to 30% on your monthly long distance expense. I'll be contacting you next week to schedule an appointment. I look forward to meeting with you soon.

    Sincerely,

    Samuel JohnsonPresident

    P.S. Don't forget, you must sign with Island Long Distance by July 1, 2008 for your free month of long distance service!

  • Exercise-Customer Complaint Two week back you purchased a Cello tiffin worth Rs. 360 from an Apparel store in your locality. The lids of the tiffin were found to be unusually hard and they broke off in the first week of its use. The store owner was approached who refused to replace the product. Write a letter, complaining to the customer care department of Cello.

  • Exercise-Enquiry You are a PGPGBM student and you have a query regarding the forthcoming Summer Internship Program. Write a letter to the concerned authority stating your query.

  • Exercise-Customer queryYou wish to buy 5 Air-conditioners for your office situated at SG highway. Write a letter to Sales India, requesting for the quotation of Air-conditioners for your office.

  • THANK YOU


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