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MANAGEMENT MEMO #4
Please watch the embedded video from the Aug. 19, 2019 edition of Fortune:
Now, do a search on ‘end of shareholder primacy’ and find other articles for research such as the following:
For the purpose of your fourth management memo, please thoroughly and concisely outline the following:
What does the phrase shareholder primacy mean?
What are the implications of “the end of shareholder primacy”?
What outside factors could be driving this particular mindset?
Please incorporate an additional 3-4 outside resources into your memo in order to substantiate your argument.
MEMO WRITING GUIDANCE
Although formats and references vary, most texts recommends a very specific format for memos: an Introduction, Body (findings), Close format sometimes called a Benefits, Analysis, Action Item format.
The following links also outline guidance:
The first link above suggests the following format (Note: I have put in BOLD those elements that your memo should include):
I’m writing to inform you that [reason for writing memo].
As our company continues to grow … [evidence or reason to support your opening paragraph].
Please let me know if you have any questions. In the meantime, I’d appreciate your cooperation as [official business information] takes place.
In the first paragraph, you’ll want to quickly and clearly state the purpose of your memo. You might begin your sentence with the phrase, “I’m writing to inform you … ” or “I’m writing to request … “. A memo is meant to be short, clear, and to-the-point. You’ll want to deliver your most critical information upfront, and then use subsequent paragraphs as opportunities to dive into more detail.
In the second paragraph, you’ll want to provide context or supporting evidence. For instance, let’s say your memo is informing the company of an internal re-organization. If this is the case, paragraph two should say something like, “As our company continues to grow, we’ve decided it makes more sense to separate our video production team from our content team. This way, those teams can focus more on their individual goals.”
In the third paragraph, you’ll want to include your specific request of each employee — if you’re planning a team outing, this is the space you’d include, “Please RSVP with dietary restrictions,” or “Please email me with questions.”
On the contrary, if you’re informing staff of upcoming construction to the building, you might say, “I’d appreciate your cooperation during this time.” Even if there isn’t any specific action you expect from employees, it’s helpful to include how you hope they’ll handle the news and whether you expect them to do something in response to the memo.
Keeping this format in mind, please complete your management memos