Credit Derivatives: An Introduction
Credit derivatives are the most important financial innovation in the field of credit risk management. These derivative instruments have been created quite recently. They have only been traded for a couple of decades as compared to other instruments like stocks and bonds which have been around for centuries. Within this short period of time, credit […]
Political Science and Other Social Sciences
Political Science and Other Social Sciences As mentioned in the introductory article in this module, political science is the systematic study of the state and the workings of the political economy. The study of political science gives people the ability to influence and persuade the authorities to conform to broad developmental thrusts and to steer […]
Challenges Facing the Regulation of Reinsurance Companies
The reinsurance industry is considered to be very important in most parts of the world. This is the reason that it is also one of the most heavily regulated industries across the world. However, it needs to be understood that the degree of regulation of reinsurance is not the same across the entire world. The […]
Leadership-Member Exchange (LMX) Theory
Informal observation of leadership behavior suggests that leader’s action is not the same towards all subordinates. The importance of potential differences in this respect is brought into sharp focus by Graen’s leader-member exchange model, also known as the vertical dyad linkage theory. The theory views leadership as consisting of a number of dyadic relationships linking […]
Leadership Development Plan
Leadership is a continually evolving skill. By learning more about yourself, your strengths and weaknesses, you can determine your developmental needs and gain a bright idea about the areas in which you need to improve. For encouraging both personal and professional growth of an individual, tailored leadership plans can be developed. Customized plans help in […]
Public Speaking is defined as the process of communicating with a large group of audience.
Let us understand the meaning of public speaking with the help of a very simple example:
Tim was the managing director of XYZ industries. Tim wanted to circulate the company policies to all his employees and everyone directly or indirectly associated with his firm. Neither he wanted to send an email nor he had the time to call all his employees and explain the rules and regulations individually. He finally decided to call all his employees on a common platform and address them. The impact was definitely much more as Tim could personally meet all his employees and yes even the staff members were really happy as the message came straight from their top Boss. Queries were addressed and nobody could blame each other later on.
This act of speaking to a large group of people with an intention of informing them about something is called as public speaking. Public speaking helps you communicate directly with your target audience at a single time.
The most important thing in public speaking is selecting the right topic. The agenda needs to be very clear. Do not just call people for the sake of it unless and until you are absolutely clear as to what you intend to communicate. Personal issues need not to be discussed on a public forum. If John has a personal problem with any of his team members, then does he need to call all the employees for a public meeting? Absolutely NOT.
Remember, public speaking plays an important role only when the topic is related to all and everybody needs to be informed of the same. Make sure you choose the right words while addressing people. One wrong word and you are gone. No one would believe you in future.
Be very confident while addressing people. Do not forget to make an eye contact with your audience. It helps you establish a relationship with them. There are people who look here and there while speaking. Such a practice needs to be avoided at all cost.
Be precise and crisp. It is foolish to play with words on an open forum. Do not unnecessarily cook stories but come to the point immediately. No one really has the time to listen to your stories. A public speaker needs to be smart and intelligent enough to understand the reactions as well as moods of his audience. Dragging the session unnecessarily is of no use.
Maintain a smile on your face. There is no need to be nervous if you know what you have to speak. Remember, public speaking is an art. Not everyone is born with public speaking skills. It comes with time. Be extremely careful of your pitch. Be neither too loud nor too soft. There are people who speak only for the people sitting in the first row. Speak clearly and make sure you are audible even to the people sitting on the last bench.
Dress appropriately. You just can’t afford to wear a tattered jeans and a T shirt while addressing your office people. They will never take you seriously.
Make the session interesting and interactive. Ask questions in between and do give time to your audience to ask questions and clear their doubts.
The venue, sound system, dais, lights also are important aspects of public speaking. Make sure you have a proper auditorium or a conference hall for addressing people where they can sit comfortably. Stand on an elevated platform where everyone can see you clearly.It helps.The microphone and other sound system must be in proper working condition.
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