“White papers are very important for the growth of the business”. Who has not heard this line these days, but does anybody actually know what a white paper is?
Historically, a white paper is a report that conveys the socio-historical-politico position of the company. However, in recent years, the definition has changed. Now a white paper means a document that explains a certain product or technology. It is formulated in order to educate the owners of the company, investors, potential investors and the general public at large. It has a formal and official tone and avoids beating around the bush tendencies. It is, in fact, easy to understand despite the technical terminology.
A white paper is the expression of the company’s aims and objectives. It clearly states the concept that the company seeks to bring into the notice of the world.
White Papers are the company’s best bet as they help the company impress its existence onto the people it targets. Typically, a good white paper brings about good solid and honest information about the company without the fluff and helps the investor understand the company’s objectives and policies.
It also aims at providing guidelines for intra company decisions and policies. It is the North Star that brings order and gives direction to the company’s managerial decisions. It illustrates common business plans and the problems that occur thereof, in the carrying out of the business.
Every company needs a well formulated white paper to communicate its objectives but often the problem which arises is that the person making the report may be very good at administration but might not be the best man to communicate company objectives in the written form to all the interested parties. If the white paper is not formulated in a manner that is understood by all, the investor interest will be difficult to hold. This is why, companies are increasingly looking for good white paper makers.
White paper makers understand the decision maker’s need to have the minutest of details in front of him when he is about to take a very important step for the company. They understand that the matter needs to be crisp and detailed, yet concise. The reader must be able to understand the situation while scanning the document in a few glances. Know the best and worst about your company in a minute. Take the decision that will enhance the credibility of your company. Outsource white paper formulation.
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