Principles of Business Communication
Principles of Business Communications
The communication process plays the most important role in business as it will separate your business from the competition and determines its success or failure. Warren always mentions how important is to improve your communication skills in order to succeed in business. The principles are:
1. Clarity: be clear regarding your thoughts and expressions. Say and write what you mean and mean what you say and write. Make sure you use simple words and be concrete;
2. Completeness: make sure the receiver has no doubts about the message;
3. Conciseness: be concise and make sure you delivery the right length of the message;
4. Consideration: put yourself in the place of the receiver. Use YOU view instead of I, WE view;
5. Courtesy: be friendly, polite, use of good manners;
6. Correctness: use of correct grammar, spelling, punctuation, right level of language, accuracy;
7. Concreteness: be specific, definite, vivid rather than obscure, vague. Evidence
Considered one of the richest man in the world (3th in 2011, $50 billion), Warren is undoubtedly one of the most successful business investor in history. He has led his company (Berkshire Hathaway) through investments and acquisitions, to exponential growth. An example is the fact that, a $1000 investment back in 1959 in his company, is today, worth $25 million. Sometimes called “Oracle of Omaha”, others “The wizard of Omaha” or even “Sage of Omaha”, Warren is known not only for his success as an investor, but also as a notable philanthropist. Warren has donated several billions of dollars to charity and good causes institutions such as: Gates Foundation, Glide Foundation, AIDS research among others. His ability to communicate effectively with the people he leads and, at the same time, being frugal, are some of the reasons why people follow and admire him as a great leader in the world of business.
Communication Success
Buffett, when young, took a Dale Carnage
The communication process plays the most important role in business as it will separate your business from the competition and determines its success or failure. Warren always mentions how important is to improve your communication skills in order to succeed in business. The principles are:
1. Clarity: be clear regarding your thoughts and expressions. Say and write what you mean and mean what you say and write. Make sure you use simple words and be concrete;
2. Completeness: make sure the receiver has no doubts about the message;
3. Conciseness: be concise and make sure you delivery the right length of the message;
4. Consideration: put yourself in the place of the receiver. Use YOU view instead of I, WE view;
5. Courtesy: be friendly, polite, use of good manners;
6. Correctness: use of correct grammar, spelling, punctuation, right level of language, accuracy;
7. Concreteness: be specific, definite, vivid rather than obscure, vague. Evidence
Considered one of the richest man in the world (3th in 2011, $50 billion), Warren is undoubtedly one of the most successful business investor in history. He has led his company (Berkshire Hathaway) through investments and acquisitions, to exponential growth. An example is the fact that, a $1000 investment back in 1959 in his company, is today, worth $25 million. Sometimes called “Oracle of Omaha”, others “The wizard of Omaha” or even “Sage of Omaha”, Warren is known not only for his success as an investor, but also as a notable philanthropist. Warren has donated several billions of dollars to charity and good causes institutions such as: Gates Foundation, Glide Foundation, AIDS research among others. His ability to communicate effectively with the people he leads and, at the same time, being frugal, are some of the reasons why people follow and admire him as a great leader in the world of business.
Communication Success
Buffett, when young, took a Dale Carnage