1) COMUNICATION TYPES OF ORAL COMMUNICATION There are di erent examples of oral communication in a business setting. You need several oral communication skills for career advancement. Let’s look at di erent types of oral communication: 1. ELEVATOR PITCH Imagine you meet the CEO of your organization in the elevator. Now, you have 30 seconds to introduce yourself before they get out on the next oor. This is your elevator pitch. It’s a form of oral communication where you have to succinctly explain who you are and what you want from the other person. 2. FORMAL CONVERSATIONS These are common at work because you have to constantly interact with your managers, coworkers and stakeholders such as clients and customers. Formal conversations are crisp, direct and condensed. You have to get your point across in a few words because everyone has only limited time to spare. 3. INFORMAL CONVERSATIONS These are conversations that you have with your team members or friends and family. They are mostly without an agenda. You can talk about your day, what you’re going to eat for lunch or discuss weekend plans. These are friendly conversations peppered with light banter. 4. BUSINESS PRESENTATIONS This is where you need to make the best use of your speaking skills. Public speaking is an important skill to develop if you want to command a room full of people. For this, you need to remember the four Ps of Pitch, Projection, Pace and Pauses. 5. SPEECHES Speeches are important in businesses like event management or community outreach. In a corporate setup, speeches are reserved for top management and leaders. METHODS OF COMMUNICATION verbal • face-to-face vs. remote meetings • video conferencing • telephone calls written • emails • press releases • reports • forum boards • surveys • customer reviews TYPES OF COMMUNICATION Internal communication • Upward (from a subordinate to a manager) = BOTTOM-UP • Downward (from a superior to a subordinate) = TOP-DOWN • Lateral (cross-departmental communication) External communication Addressed to: • Customers (clienti) • Suppliers (fornitori) • Investors (investitori) • Auditors (revisori dei conti) ff fl ff ISSUES •lack of information •overload of information •misunderstandings (content not clear) / not listening to the message •delays (ritardi) in information sharing / poor timing (tempismo scadente) WORDS OF GOOD COMMUNICATORS hesitant articulate (able to express ideas easily and well) focused reserved (riservato) coherent responsive (reattivo) eloquent inhibited sensitive (sensibile) extrovert persuasive succinct (coinciso) uent rambling (logorroico, inconcludente e confusionario) vague (vago) ff fl •overlapping roles (ruoli sovrapposti) or confused tasks (who-does-what?) •sta turnover (rotazione del personale) •poor customer service (external) •poor marketing management (external) •poor technology 2) INTERNATIONAL/ DOMESTIC MARKETING VOCABULARY Marke ng mix/ strategy / plan Market adapta on/penetra on/segmenta on Customer pro le/reten on/base brand posi oning/iden ty/extensiond product placement/por olio/feature 3) BUILDING RELATIONSHIP ti ti ti tf ff ti ti ti fi ti ti ff Cut o = una persona broke o = da entrambi i la 4) SUCCESS VOCABULARY (what makes people successful) charisma dedica on discipline drive imagina on looks luck money nepo sm ruthlessness (spietatezza) brand, customer, headquarters, leader, pro t, subsidiaries ( liali), workforce (forza lavoro) underrate=so ovalutare undercharge=so ocosto reengineer=riproge are degrow=decrescere demerge=scindere 5) JOB SATISFATION fi fi fi tt tt tt fi ti ti ti assessment (valutazione) breakdown (crollo) empowerment (potenziamento) fringe bene ts (bene ci accessori) red tape (burocrazia, termine breve per cose non necessarie e procedimenti) remuneration severance payment (indennità) take industrial action (intraprendere azioni sindacali) go on strike (scioperare) 6) RISK anticipate calculate eliminate encounter=incontrare estimate evaluate face foresee = prevedere il rischio gauge =misurare identify measure minimise prioritise reduce weigh up = ponderare credit crunch= stretta creditizia, improvvisa riduzione della disponibilità dei prestiti bear the brunt= sopportare il peso spring to mind= venire in mente subito meet a need= soddisfare un bisogno pave the way= aprire la strada (rendere possibile che qualcosa avvenga in futuro) spread the risks= distribuire il rischio 7) MANAGEMENT STYLE monitor= controllore achievement of results loyalty of staff autocratic/democratic centralising/delegating directive empowering task-oriented/people-oriented hands-on (partecipativo/concreto) controlling anti-authoritarian (against forcing people to obey strict rules) approachable (friendly, easy to talk to) demanding (esigente) perfectionist ruthless (spietato) self-motivated volatile (liable to suddenly become angry) 8) TEAM BUILDING foster team spirit=favorire lo spirito di squadra breakdown barriers income stream= usso di reddito 9) FINANCE being in the black= you are in credit debtor(who OWES money) creditor (BORROW money) spread the risk= distribuire il rischio accrue= maturare liabili es= passività charges= spese loans= pres (taking out loans=concedere pres ) mortgage = mutuo warranty= garanzia a pagamento guarantee= garanzia gra s overdra = pagamento scoperto overpayment==pagamento in eccesso bankruptcy= bancaro a borrowed= presi in pres to instalments= rata asset= risorsa issuing= emissione shares= azioni Bond=obbligazioni Securi es= toli Stake= quota interessi shareholders=azionis equity capital= capitale proprio stock capital= capitale azionario dividend capital= capitale da dividendi venture capital= capitale di rischio working capital= capitale circolante share capital= capitale sociale (inizio società) GRANT= CONCESSIONE COLLATERAL= COLLATERALE ( GARANZIA DI PAGAMENTO) cash ow= usso di cassa equity= valore capitale azionario rate on the loan=tasso sul pres to ti ti ff ti ti ti ti ti tt ti fl fi fi fi ti ti fi ti fl ft fi ti fi ti fl tt fee=tassa, canone subsidy=sussidio principal= capitale integro senza interessi purchase of property=acquisto di proprietà business angels=inves tore informale che o re capitale e conoscenze alle startup bank nance= nanza bancaria equity nance= nanza azionaria debt fundraising= raccolta fondi per debi venture capital funds= fondi di capitale di rischio pitch to= scagliare e puntare in modo violento se led on= ssare, stabilire, essere d’accordo turned down= ri utare looked into= esaminare, analizzare SEED CAPITAL SELF-FINANCING INITIAL PUBLIC OFFERING (IPO) RECRUIT HIT THE JACKPOT (GAMBLING – SLOT MACHINES) BLUE CHIPS – BASIS FOR CONSERVATIVE INVESTMENT PORTFOLIOS PUBLIC-PRIVATE PARTNERSHIPS TO PUT DOWN - YOU HAD TO PUT AT LEAST 50% DOWN TO MAKE DO TO GO BANKRUPT – BANKRUPTCY HYBRID (CONVERTIBLE BONDS) TO HEDGE YOUR BETS Purchased=acquistare Tweak= fare piccoli aggiustamenti Is thought to be …. It was suggested that Deploy/launch a product= lanciare Pitch a product= presentare Floated company= azienda quotata Capital gain=plusvalenza Loan shark= strozzino Pay o = saldare To go the distance= andare lontano Keep you ear on the ground=sentire tutto intorno To sue=citare in giudizio Go out of business=fallire Pay raise/rise= aumento di stipendio Sell o = svendere Get away with= farla franca Bear market= ribassista Phrasal Make a deal= fare un accordo Get down to= scendere a Set up=impostare Take on= assumere Be sacked/hired= essere licenziato/assunto Sticking point=punto critico Breakthrough=svolta Look down on= trattare inferiormente Turn on=start operating Make o = leave quickly Pay o = lavoro ripagato Switch up/o = potenziare e depotenziare Issue a …= emettere Takeover=rilevare Run a company= dirigere azienda Join forces=unire le forze Chair a meeting= presiedere riunione I was called in by him =chiesto di fare qualcosa Catch up with= fare qualcosa che si deve Picked up= ricevere Step in for= prendere il posto di qualcuno Put in a good word= mettere buona parola Stick up for each other= supportarsi a vicenda ff ff ff ff ff fi -a nancial investment such as a bond or share = securities -a part of a company's pro ts paid to the owners of shares = dividend -when a company is unable to pay debts = bankruptcy - the di erence between the price of a product and the cost of producing it = pro t margin -money which people or organizations put into business to make a pro t = investment - the money a business makes before payment to the government= pretax pro ts -a description of what is likely to happen in the future = forecast -the capital that a company has from shares rather than from loans = equity -equal parts into which the capital or ownership of a company is divided = shares -a period of time when an economy or industry is doing badly and employment decreases = recession -a nancial market in which prices are falling = bear market -money risked when a business owns a part of another company = equity stake -people who deal in shares and bonds = traders -an amount of money paid into a bank account or held in a bank account, especially when it is -earning interest = deposit -money that one person, organization, country, etc. owes to another = debt 10) CUSTOMER SERVICE fi fi fi fi ti ff fi compensa on=compenso complaints=denunce/contestazioni guarantee=garanzia refunds= rimborsi TO GO OUT OF BUSINESS CRISIS MANAGEMENT - DAMAGE LIMITATION STAFF TURNOVER THE PROBLEM WAS “PUT DOWN TO” = BLAMED ON CARRY OUT (DO/PERFORM) AN AUDIT PAY RAISE/PAY RISE workout an action plan =creare un piano role-play a crisis= inscenare una crisi nd out= scoprire/capire write down and circulate your programme= scrivi e fai circolare il tuo programma disclose= divulgare set up= impostare (set up a team= costituire una squadra) action plan= piano d’azione (implemented the action plan) admission of liability =ammissione di responsabilità contingency plan = piano di emergenza damage limitation information ow loss of con dence= perdita ducia da consumatore (we su ered a loss) press release= comunicato stampa (issue a press release=emettere) speed of response= velocità risposta alla crisi legal action=azione legale press conference= conferenza stampa (hold a) cope with= fronteggiare 12) VOCABULARY MERGER AND ACQUISITIONS BUSINESS BRIEF HOSTILE BID/FRIENDLY BID BIDDER IS UNDERVALUING ITS SHARES MINORITY STAKE/INTEREST – MAJORITY STAKE TO ACQUIRE – ACQUISITIVE – ACQUISITIONS PREDATOR – PREY GROUP-CONGLOMERATE-COMBINE DIVERSIFIED SYNERGY (COMPANIES OFFER MORE SHAEHOLDER VALUE TOGETHER THAN THEY WOULD SEPARATELY) DIVESTMENT AND RESTRUCTURING ALLIANCE – JOINT VENTURE = COMPANIES COLLABORATING ON A SPECIFIC PROJECT MERGER = COMPANIES COMBINE AS EQUALS COMPANY CULTURE VAUNT – BOAST DUE DILIGENCE INTELLECTUAL PROPERTY SHOWSTOPPERS-DEALBREAKERS FLAGGING ff fi ff fl fi ff mergers= fusioni (two or more companies joining to form a larger company) bids= o erte (o er money for shares in a company MBO=management buyout)= (when a company’s top executives buy the company they work for) joint venture= a business activity in which two or more companies have invested together takeover/acquisition= getting control of a company bu buying over 50% of its shares bid= o er money for shares in a company stake= money risked or invested in a companyprovide= fornire ff fi 11) VOCABULARY CRISIS MANAGEMENT (reject a bid=ri utare un’o erta) make an acquisition/a merger) (target a company= società obiettivo) (launch a bid= lanciare un’o erta) (take a stake=prendere una quota) set up a joint venture sell= vendere (sell a stake) mergers= fusioni caucus= comitato/riunione vertici cadre= schema/ quadro doubling= raddoppiare stake= quota shareholder= azionista) swap= scambio threats= minaccia handled= gestire disclosed= divulgato issued= rilasciare decidedly= con decisione deicisivly= in modo decisivo get away with= farla franca digress= divagare VOCABULARY (+) Tweak make small adjustments to adding weight to something —> supporting the idea deploy —> introduce, launc at scale —> producing large numbers hub-and-spoke system —> delivering outward from central locations rather then delivering in long delivery routes mini-depots—> small storage areas for holding packages subdivisions—> areas of a town or city LINKERS – CONNECTOR - “DISCOURSE MARKERS” VOCABULARY entrepreneurs= imprenditori ff ff ti fi ti cri cal mass= massa cri ca MoroccoEnglish.com 1. Addition Transitions Examples 9 In addition, 9 Moreover, 9 Besides, Altruism or selflessness means caring about others. In addition, It refers to the person’s sacrifice for others. Altruism or selflessness means caring about 9 As well others. It refers to the person’s scarifice for 9 too others as well . Moreover - Besides - Besides this - Also - Furthermore – In addition – as well – too …. 2. Example / Clarification Altruism or selflessness means caring about 9 For example 9 For instance others . For example , a poor person, who helps 9 To illustrate needy people, shows the value of altruism For example – For instance – To illustrate - In others words – Namely - 3. Concession and Contrast 9 However 9 Nevertheless 9 Despite this Although Skydiving is so dangerous and expensive, I want to try it . Î I want to Skydiving although it’s dangerous and expensive -Despite the risks of Skydiving, I want to try it. 9 Despite -Many people still smoke in spite of knowing 9 Inspite of smoking is bad for their health. Although - Even though - though – However – Nevertheless – Despite – Inspite of - Yet - Still - Whereas - While . Important rules : Although + subject + verb ….. take o = decollare entrepreneurial air= uto imprenditoriale employee= dipendente employer= datore di lavoro employ=assumere locate= individuare I’m standing in for..=sto sos tuendo take over= rilevare back o of = fare marcia indietro closeup= chiudere momentaneamente close down= chiusura de ni va del business turned down= ri utato ti ti fi fi ti fl fi ff set on to = imposta su per 9 9 9 9 + noun + pronoun ( My/ his/her / … ) + gerund + ( the fact that + subject + verb ) 4. Cause and Effect : 9 As a result, 9 Consequently 9 Because of this, 9 Because 9 Since 9 For He spent all his time on Facebook . As a result,he failed the Bac exam . - The weather was bad. Consequently, the plane was delayed --The plane was delayed, because the weather was bad . --The plane was delayed, since the weather was bad . T he plane was delayed because of the bad weather . 9 Because of … 9 Due to … As a result – Because of this - Consenquently - Because – Since – For .. Due to – because of - … Skydiving is so dangerous and expensive. However, I want to try it . 9 Although 9 Even though 9 Even if ff Despite In spite of 5. Purpose : 9 In order to 9 So as to 9 To 9 So that 9 In order that The student is doing his best in order to pass the Bac exams with high grades. --The student is doing his best so as to pass the Bac exams with high grades. The student is doing his best, so that he passes the Bac exams with high grades. In order to – so as to – to – in order that – so that – so as not to …. 6. Summary: in conclusion - to conclude- in summary- to sum up- in briefin short- on the whole- on balance- all in all ……. Example: I like enjoy playing football. I like to go swimming and cycling. To sum up, I am fond of sports . take on= assumere bring in= introdurre speed up= accelerare slow down= rallentare industrial dispute= controversia industriale ll out= compilare applica on form= modulo di richiesta take along= portare con sé be sacked= essere licenziato hired=assunto supervice= supervisionare tasks-focused NEGOTIATIONS going smoothly = andare liscio sticking point= punto critico deadline= scadenza deadlock=situazione di stallo leave the table without a deal (empty-handed) bottomline position = posizione di fondo dead end= senza uscita ti fi set for something= prepararsi per qualcosa EMAILS OF COMPLAINT 1. I’m writing in CONNECTION with the negative ATTITUDE of a member of your sta . 2. I hope that you will deal with this MATTER promptly as it is causing me considerable INCONVENIENCE. 3. The equipment I ordered has still not been DELIVERED, despite my phone call to you last week to say that it is needed URGENTLY. 4. Although you advertise yourself as a top-quality brand, the product I PURCHASED was well below the STANDARD I expected. 5. I am writing to draw your ATTENTION to a PROBLEM in your customer services section. 6. I would APPRECIATE it if the faulty goods could be REPLACED as soon as possible. 7. I wish to complain in the strongest possible TERMS about the TREATMENT I received from a member of your sta . 8. I believe that I am ENTITLED to an immediate REPLACEMENT. 9. I am writing to express my strong DISSATISFACTION with the goods I RECEIVED this morning. 10. UNLESS I receive the goods by the end of this week. I will have no choice but to CANCEL my order. 11. I am writing to COMPLAIN about the QUALITY of a product I purchased on-line from your website. 12. I insist on a full REFUND; otherwise, I will be forced to take the matter FURTHER. 1. to write in connection with something. 2. to need something urgently 3. to take the matter further 4. to demand a full refund 5. to draw somebody’s attention to something. 6. to be below the expected standard 7. to complain in the strongest possible terms 8. to express strong dissatisfaction with something. 9. to demand an immediate replacement 10. to cause somebody considerable inconvenience. EMAIL I’m writing to ask whether I’am writing in reply to your advertisement I would be grateful if you could send me I enclose my CV ff ff the amount of money which a business obtains (in a year) from customers by selling goods or services = annual turnover
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