pany, so we need to consider the labor environment. Also, zoning regulations
may impact growth. We have to ask how likely it is that changes
to zoning laws might inhibit our expansion plans. Likewise, taxation policies:
We have to evaluate how likely it is that taxes will increase. I spent
some time talking with fire marshals trying to evaluate the risk of fire
in each location. I learned that in arid, remote regions of the country, the
risk of fire is greater than in wetter, more urban areas. Theft, like fraud,
is very hard to predict. But certain geographic areas do seem to have
higher rates of theft than other areas.
“I also assessed the costs of standard coverage. Certain regions are
more expensive than others for standard insurance policies such as vehicle
and workers’ compensation coverage. Even if we self-insure, this
criterion is a fair measure of risk.”
Brad plans to attach to his report a printout of the stochastic simulation
(a complex risk management analysis model that assigns probabilities
and thus provides a more complete picture of the probable impact
of future events). He explains, “I want the report to be no more than one
page in length and both easy to read and easy to understand—period.
When writing about insurance, it’s easy to drift into statistics and complex,
technical terminology. I want the executive committee members
to be able to scan my report and ‘get it.’”
STEP ONE: GET YOUR THOUGHTS IN ORDER
The first step in writing is to get an overview of your writing challenge.
What do you need to accomplish, whom do you need to reach, and
what obstacles must you overcome in order to succeed?
Set a Clear Objective
Brad’s first task was to answer the question “What do I want my readers
to do as a result of reading this report?”
EXERCISE 25: Write an Objective
Before reading Brad’s objective, try writing your own. If you were Brad,
writing a one-page report for an in-person presentation to the executive
pany, so we need to consider the labor environment. Also, zoning regulations
may impact growth. We have to ask how likely it is that changes
to zoning laws might inhibit our expansion plans. Likewise, taxation policies:
We have to evaluate how likely it is that taxes will increase. I spent
some time talking with fire marshals trying to evaluate the risk of fire
in each location. I learned that in arid, remote regions of the country, the
risk of fire is greater than in wetter, more urban areas. Theft, like fraud,
is very hard to predict. But certain geographic areas do seem to have
higher rates of theft than other areas.
“I also assessed the costs of standard coverage. Certain regions are
more expensive than others for standard insurance policies such as vehicle
and workers’ compensation coverage. Even if we self-insure, this
criterion is a fair measure of risk.”
Brad plans to attach to his report a printout of the stochastic simulation
(a complex risk management analysis model that assigns probabilities
and thus provides a more complete picture of the probable impact
of future events). He explains, “I want the report to be no more than one
page in length and both easy to read and easy to understand—period.
When writing about insurance, it’s easy to drift into statistics and complex,
technical terminology. I want the executive committee members
to be able to scan my report and ‘get it.’”
STEP ONE: GET YOUR THOUGHTS IN ORDER
The first step in writing is to get an overview of your writing challenge.
What do you need to accomplish, whom do you need to reach, and
what obstacles must you overcome in order to succeed?
Set a Clear Objective
Brad’s first task was to answer the question “What do I want my readers
to do as a result of reading this report?”
EXERCISE 25: Write an Objective
Before reading Brad’s objective, try writing your own. If you were Brad,
writing a one-page report for an in-person presentation to the executive
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