Archive for April 2017
In the business documents, the executive summary can be regarded as one of the most important documents. Every important and big decision in the business is included in executive summary. A decision making process cannot be completed without executive summary.
The summaries are prepared in accordance with the policies and rules of the company. Anything which deviates from the basic rules of the company is not added in the summary. Any budgetary changes which have been made in the previous year are also mentioned in the summary. In the start of summary, a recap is described. The recap is based on funs, responsibilities and on categories from the company. Other information which is related to the allocation of the budget is also considered to be the main part of the summary
The executive summary does not provide any information but it only helps in the decision making. The recommendations are provided by this summary. The summary is made by experts who are able to give the best recommendations to the company. All the recommendations should follow the rules and policies of the company. The recommendations largely depend on the nature of the company.
In order to prepare a best executive summary, you are required to describe your problem. Always be specific and try to include the measurements in a quantifiable manner. Always remember that the summary is never too long. It concludes the long documents of businesses including all the necessary information. It should also be described in the summary that if the problem of the business is solved successfully then what will be the outcomes of it. No details are required related to solution, only mention outcome. What can be the consequences of the solved problem or what if one solution fails to meet the demands of the company are also mentioned in the summary.
You can describe your solution in the summary which you have proposed to solve the problem. The proposal can be written in short paragraphs but it should also not be too detailed. Also write the outcomes of your proposed solution. Try to write your proposed solution in a very simple way. It should be clear and readable and there should not be any confusion in the document. The solution must be described shortly but it should be complete.
Another thing which is required to be explained in the summary is telling how you can overcome the risks associated to the solution. First of all, describe all the risks then propose the solution for all those risks. Use plain English and write all the risks and their solutions in paragraphs. Also make Request for the decisions that you want to be made in the company. Write your request in simple English very precisely. If you want a decision to be made by the company, then also mention the reasons for that decision. you can also recommend some solutions to the company in order to make it successful.
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