Executive Summaries Essay Example for Free

administrator Summaries EssayThe executive thickset is usually no longer than 10% of the original document. It substructure be anywhere from 1-10 pages long, depending on the breeds length. Executive summaries are indite literally for an executive who most likely DOES NOT have the time to read the original. Executive summaries convey a testimonialAccuracy is essential because decisions will be made found on your summary by people who have non read the original Executive summaries frequently summarize more than one document Types of SummariesSummaries written in order to recommend a specific consort of action are executive summaries. Summaries that highlight the major points of a long piece are called abstracts. The purpose of an abstract is to allow readers to decide whether or not they want to read the longer text. View our Writing Guide about AbstractsStandard summary only refers to a summary of someone elses published flirt and is written for a variety of purposes. View our Writing Guide about Standard SummariesProcesses for Writing an Executive SummaryExecutive summaries are typically written for longer reports. They should not be written until later your report is finished. Before writing your summary, try Summarizing the major sections of your report. You might even copy text from your report into the summary and then edit it down. Talking aloud or even tape recording yourself summarizing sections of your report. Questions to Ask Yourself as You WriteWhat is your report about?why is it important?What is complicated in the report?What is included in each section?Concise StatementAs a projection screen sheet to your document, an executive summary need not go into ANY mention of how you conducted your analysis and/or what youre basing your conclusion on. Instead, begin with a concise statement of the conclusion you reached after conducting your analysis and/or research is the paper that will be attached. For example, after a comparison of what other schools like CSU do about personal calls for faculty, you close down that the CSU is charging for calls most other institutions do not. How you word the conclusion will differ depending on your audience and what they care most about. The following examples illustrate how the wording mustiness change given an audiences needs. lawsuit OneColorado State should discontinue the practice of charging faculty for personal calls. This is a good example if the people you give for are only interested in this issue. It begins with a summary of conclusions regarding only the CSU population.Example TwoBecause I have found that oer 75% of comparable to(predicate) institutions do not charge for personal calls, I have concluded that our faculty is justified in objecting to this practice which should be seen as a lift up for our faculty. This sentence provides unnecessary randomness about other institutions and/or why the faculty think they deserve to have these calls paid for. Your readers can get that information from the report. Further, the use of I is unnecessary since your readers already know who wrote the report. Writing RecommendationsAfter beginning with a summary statement of your findings, the executive summary should go on to provide a specific recommendation for action geared toward your audience. For example, the report on charging for personal calls was requested by the presidents office, not the individual departments and colleges who actually cook policy. As a result, the recommendation for action is geared toward what the presidents office should do, not the other departments involved. To learn more about writing recommendations After summarizing the entire expression and/or research report(s), an executivesummary ends with a one or two line recommendation for action. Simple FormulaExecutive summaries frequently make use of transitional phrases to encapsulate the preceding information in the like sentence as the recommendation. The format can almost be envisioned as a formula transitional word + concise statement of information provided in summary, I recommend that corporation, office, person in question do recommendations. More Complex RecommendationsIn other cases, the recommendation might be complicated enough to prune a summary of causes for the recommendation. In this case, the recommendation paragraph usually begins with a summary of how the writer reached the recommendation.ExampleSusies Cookies began as a small business in Cleveland, Ohio which has expanded to include 45 stores throughout the Midwest. Plans have already been instituted to expand sales nationwide, using the same mall-concept marketing strategy which has proven successful in the Midwest. Despite these plans, Susies Cookies may be in danger of bankruptcy. Susies quadrupled its sales in the last two quarters, realizing a profit of $750,000 in the live year, an increase of $250,000 over the previous year, due to its increase in advertising. To realize equivalent sale figures nationwide, however, it is projected that advertising cost will increase by 200% for the outgrowth two years of the field expansions. Further, construction cost for the new stores are estimated to be 20 zillion dollars.The result of increased advertising and construction costs will put a substantial debt burden on Susies cookies, an estimated $750,00 to 1 million a year. assumption that sales did not reach current levels in the Midwest until the 45 stores had been operating for five years, projected sales nationally will not cover expansion costs. As a result, Susies Cookies is likely to furnish a loss of almost $2 million for at least the next five years. delinquent to the high advertisement and development costs of national expansion. Susies Cookies may not be able to continue doing business in the future. Therefore, I recommend that Mrs. field does not participate in the hostile coupunder consideration because the threat of competition will not be realized. JustificationFinally, an executive summary provides an analysis and/or justification for the proposed action in terms the audience will consider important. In many cases, this might involve a monetary analysis as in the example to the right, only actions can be justified many ways, depending on the concerns of the audience and the topic of the report (e.g. for CSU these might include increase in student learning, better relationship with the community, etc.). justification for the recommendation by referring to information summarized. A recommendations justification is usually based on a reference to material already provided in the summary. In other cases, the justification for the recommendation might be complicated enough to justify a summary of causes for the justification. In this case, the recommendation paragraph usually begins with a summary of how the writer reached the conclusion that leads to the justification. Example JustificationBased on the current number and length of long-distance personal calls by faculty, such a proposal would cost the university $150,000 annually. In comparison to the overall budget, this is a small amount, but one which might pay for itself in terms of faculty satisfaction and possible recruitment benefits. ExampleSusies Cookies began as a small business in Cleveland, Ohio which has expanded to include 45 stores throughout the Midwest. Plans have already been instituted to expand sales nationwide, using the same mall-concept marketing strategy which has proven successful in the Midwest. Despite these plans, Susies Cookies may be in danger of bankruptcy. Susies quadrupled its sales in the last two quarters, realizing a profit of $750,000 in the current year, an increase of $250,000 over the previous year, due to its increase in advertising. To realize equivalent sale figures nationwide, however, it is projected that advertising costs will increase by 200% for the first two years of the national expansions . Further, construction costs for the new stores are estimated to be 20 million dollars.The result of increased advertising and construction costs will put a substantial debtburden on Susies cookies, an estimated $750,00 to 1 million a year. Given that sales did not reach current levels in the Midwest until the 45 stores had been operating for five years, projected sales nationally will not cover expansion costs. As a result, Susies Cookies is likely to show a loss of almost $2 million for at least the next five years. Due to the high advertisement and development costs of national expansion. Susies Cookies may not be able to continue doing business in the future. Therefore, I recommend that Mrs. Fields does not participate in the hostile takeover under consideration because the threat of competition will not be realized. Example Executive SummaryThe Mountain Resort charges below average rental rates. (concise statement of findings) The attached report recommends a 20% increase in price for the following equipment 1. downhill skis, 2. telemark skis, 3. boots/shoes for downhill, telemark, and cross-country skis. (specific recommendation for action) Based on average rental business for 1992-1995, these increases would generate an annual rental profit for Mountainview of $750,000. This figure represents an overall gain of $150,000 over current rental profits.(justification for proposed action) Additional Resources another(prenominal) Writing Guides are available to help you write executive summaries. Choose any of the following for more informationPurposeAudienceOrganization