Professional Documents
Culture Documents
EFFECTIVE COMMUNICATION
Luckily
for
Ellet,
his
students
have
plenty
of
motivation
to
improve.
"Recruiters
and
companies
are
saying,
'Send
us
a
writing
sample,
and
if
you
don't
meet
our
standards
for
communication,
we
are
not
hiring
you,'"
he
said.
It's
not
just
anecdotal:
In
a
2011
survey
of
corporate
recruiters
by
the
Graduate
Management
Admission
Council,
the
organization
that
administers
the
standardized
test
for
business
school,
86
percent
said
strong
communication
skills
were
a
priority—well
ahead
of
the
next
skill.
(Oddly,
though,
when
recruiters
were
asked
in
a
separate
question
what
changes
business
schools
should
make
to
meet
employers'
needs,
the
recruiters
overwhelmingly
called
for
something
different:
practical
experience.)
The
good
news
for
job
seekers
is
that
some
companies
are
providing
help
with
writing.
Lowsky
estimates
that
Right
Management
is
seeing
an
increase
of
20
to
25
percent
in
the
number
of
clients
investing
in
career
development
for
employees,
including
improving
their
communication
skills.
T.
Rowe
Price
has
been
working
independently
on
employees'
communication
skills
for
some
time.
With
offices
in
multiple
time
zones
and
time
sensitive
investment
decisions
to
make,
the
firm's
leaders
understand
that
clear
communications
are
essential.
A
number
of
senior
people
at
the
firm
may
work
with
analysts
and
portfolio
managers
on
their
communications,
but
Garry
Cosnett,
head
of
global
equity
communications,
does
it
full
time.
Cosnett
spends
considerable
time
with
newly
hired
analysts,
helping
them
learn
to
organize
their
writing
and
make
it
clear
and
persuasive.
Another
part
of
his
job
is
to
read
writing
samples
from
prospective
hires,
often
second
year
MBA
candidates.
"Sometimes
we
ask
for
writing
samples
even
prior
to
the
interview
process,
and
I
will
take
a
look
at
that,"
he
said.
"I've
been
doing
this
for
so
long,
I
have
a
pretty
good
sense
of
what's
fixable
and
what's
terminal."
T.
Rowe
Price
tends
to
hire
graduates
of
the
most
selective
business
schools,
along
with
some
lateral
hires
from
other
firms
–
but
even
for
this
elite
group,
writing
can
be
a
challenge,
Cosnett
says.
"It's
amazing,
the
frequent
disconnect,"
he
said.
"These
are
people
who
all
did
the
very
best
at
the
best
schools,
probably
since
preschool,
but
they
really
have
not
developed
their
writing
skills
to
the
degree
that
they
would
have
to
to
succeed
in
this
organization."
Some
new
hires
are
skeptical,
he
said.
"People
think
when
they
first
meet
me
that
I'm
going
to
grill
them
on
semicolons."
But
in
fact,
he
says,
he
is
teaching
them
what
they
need
in
order
to
succeed
at
the
firm.
"You
can
be
the
smartest
person
here,
but
if
you
can't
convince
the
portfolio
managers
to
buy
what
you're
selling,
you
won't
be
successful."
(In
Wall
Street
terms,
that
means
you
won't
make
much
money.)
"So
much,"
he
said,
"is
driven
by
the
written
word."
EFFECTIVE COMMUNICATION