Introduction
A Stock report is a vital tool in communicating performance of various corporations. Normally it offers useful information to all stakeholders, and more especially to person interested in investing in the stock market. Sadly, poor reporting techniques and trends can compromise the overall objective of the project and even communicate information other than that intended. It is therefore important that important attention is paid to Stock report technique adopted. As logic would dictate, there are some useful tips can help one generate a good Stock report that is not only aligned to an organization’s strategic objective but also useful to all the stakeholders of the corporation whose results is being reported. Some of these tips are outlined hereafter.
Step 1
Know your target audience: Logically, you cannot communication information if you do not know to whom the information is intended. Knowing your audience is therefore the first step towards developing a good report. For instance, it dictates the level of technical language or simplicity adopted in generating the Stock report.
Step 2
Know the information that you want to communicate: Different audiences/stakeholders focus on different information. It would be for instance, illogical to report findings meant for senior board to junior employees. It might be of little use to them and hence a waste of time. A Stock report should therefore be focused on some specification information, depending on the target audience.
Step 3
Know the information that your target audience wants: It may sound unrealistic but truth be told, the information you want to communicate in your Stock report might not be what your target audience really wants. Knowing what they want is therefore important if you are to gain their full attention. As much as it may seem petty, it surely does wonders.
More Tips
- Create a balance between what the audience wants and what you want to communicate to them: Despite the fact that you may be keen on communication to stakeholders the reason for decline in stock performance, they many actually not be interested and instated focus on merely the performance and hence misjudge the outcome. A Stock report should therefore create a balance ensure that other than getting the information they want, they also get the information that the author would want them to get.
- Use a language that is easy to understand: Technical words, terms and presentations are not the best choice for a good Stock report. Some of these technical aspects should be reserved for the technical team. The report should be made with a language that the audience can easily understand. Use of easy to understand graphical presentations as well as any other enhancements used is of importance.
- Use multiple presentation items: Items like graphs, whether line, bar graphs or pictures play an important role in communicating information and as such should be considered in writing a Stock report.
- Back up conclusions: Any conclusion drawn should be backed up with tangible evidence if proper understanding is to be achieved.
- Make it neat and presentable: Presentation is important. Most people judge a reports value by its presentation and as such, this should be accorded high importance.
In general, these tips are of great help if one is to come up with a good report.
