« Avoid Turning your Investment Firm into a Technology Company | Main | Living in the Outlier »

09/02/2015

7 Ways to Manage Writing by Committee


Click to Print This Page

The best way to manage writing by committee? Avoid it. As Ann Handley says in Everybody Writes: Your Go-To Guide to Creating Ridiculously Good Content,

Having a buddy by your side is helpful. Having an entire committee on your back? Not so much. 

However, writing in a regulated industry means that many of you must get your materials reviewed by compliance. Also, if you’re a financial marketer, your subject-matter expert will want to check your work. 

I have some tips, based on my experience as director of investment communications for an asset management firm.

 

Tip 1. Develop a process

Haphazardly approaching the review and approval of your project can slow you down, as you must always think about your next step. Avoid this headache by developing a process. Identify who needs to be involved and when. Also, how long they need for their roles in the process.

For example, reviewing a fund commentary might involve your sending it to a subject-matter expert, then a proofreader, and, finally, your compliance professional, who may bounce it back to you. 

If you work as part of a team, put your process into a flow chart to share with team members. Include the names or functions of the people involved, along with how long they’re allowed to respond.

Flow-chart-for-editing-by-committee-process

Tip 2. Learn the compliance rules

To reduce the pain of dealing with compliance, learn about the main rules that affect you and develop strategies for dealing with them.

For example, learn which topics trigger the need for disclosures. Then, you can avoid those topics or have boilerplate disclosures handy for tailoring to the content under review.

In general, familiarizing yourself with compliance guidelines will help you to write in a way that minimizes the need for editing by compliance. It’ll also speed your content’s progress through compliance review, especially as your compliance officers develop confidence in you. 

Tip 3. Communicate expectations

Tell people what you’re looking for and when you need it.

Don’t invite your subject-matter experts to take an axe to your article. Instead, keep your feedback request as narrow as possible. Ask them to “check for accuracy,” or to answer a specific question. As Ann Handley says, “Please approve is likely to deliver far fewer edits than will please tell me if you have suggestions.

Tell your subject-matter experts and compliance reviewers about your deadlines.

Tip 4. Limit rounds of revisions

As Handley says, “One is fine. Five? Nope.” Another Handley suggestion: Get sign-off on an outline before writing a complete draft. “You can often avoid a lot of angst this way,” she says.

Tip 5. Limit the number of reviewers

The fewer your reviewers, the better, at least in the interest of speed and clarity. If you involve more than one subject-matter expert, make sure one has the ultimate power of approval. Otherwise, you may struggle to reconcile conflicting views.

Tip 6. Enforce deadlines

If you have the necessary confidence and authority, try what I think of as the “drop dead” approach to approvals. Tell your subject-matter expert, “If I don’t hear from you by DATE, I’ll assume that you’ve approved this.” Of course, you’ll need backing from higher-ups to enforce this. 

Tip 7. Meet in person with the slackers

When I was director of investment communications, I used to walk to the desk of the portfolio manager whose approval I needed. That was often faster than waiting for my emailed request to catch their eyes.

-Susan Weiner, CFA, is the author of Financial Blogging: How to Write Powerful Posts That Attract Clients, which is tailored to financial planners, wealth managers, investment managers, and the marketing and communications staff that supports them.

Related Posts Plugin for WordPress, Blogger...

Comments

The comments to this entry are closed.

UConn-ad

NYSSA Job Center Search Results

To sign up for the jobs feed, click here.


UPCOMING EVENT
MF16

NYSSA Market Forecast™: Investing In Turbulent Times
January 7, 2016

Join NYSSA to enjoy free member events and other benefits. You don't need to be a CFA charterholder to join!


CFA® EXAM PREP

CFA® Level I 4-Day Boot Camp
Midtown

Thursday November 12, 2015
Instructor: O. Nathan Ronen, CFA

CFA® Level II Weekly Review - Session A Monday
Midtown

Monday January 11, 2016
Instructor: O. Nathan Ronen, CFA

CFA® Level III Weekly Review - Session A Wednesday
Midtown

Wednesday January 13, 2016
Instructor: O. Nathan Ronen, CFA

CFA® Level III Weekly Review - Session B Thursday
Thursday January 21, 2016
Instructor: O. Nathan Ronen, CFA

CFA® Level II Weekly Review - Session B Tuesday
Thursday January 26, 2016
Instructor: O. Nathan Ronen, CFA