Sunday, October 28, 2007

Verbal contract

"A verbal contract isn't worth the paper it's written on." - Samuel Goldwyn

Let alone serious matters that require written contract, most of the stuff is better written down. Always have it that way. How do you like? Written down.

First when you write down anything, it gives more clarity. It opens up several unanswered questions which may require additional discussion.

One best advice I got was to reserve 30 mins prior and after a meeting. First 30 mins is to think and jot down your ideas for the meeting. Second 30 mins is to write down all that happened in the meeting. This is especially important for the meetings that you have called. If there is not a 30 mins time slot before or after the meeting due to your calendar being full, immediately allocate 30 mins in that day itself at the earliest.

You may be better off jotting down notes in your note book and expand it on your computer. Computer and keyboard do not lend themselves very well for quick writing with all sort of short hands and symbols. Divide the sheet in to 3 parts. Left one part serves as margin, right two parts for note. Write down in short phrases and sentences. Put marks for action items, decisions, follow ups etc. Expand on your computer using the notations.

This has proved to be one of the best  things to make most of discussions and meetings.


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