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BEP 357 – English for Purchasing 3: Vendor Qualification

Business English, Purchasing, Sales English /

BEP 357 - Business English for Purchasing 3: Vendor Qualification

Welcome back to Business English Pod for today’s lesson on English for purchasing and qualifying vendors.

Whether you’re buying raw materials, equipment, or services, purchasing decisions are high stakes. Make a bad decision, and it’ll cost you time, money, and goodwill. Make the right decision, and you can increase your revenue, improve operations, and gain more customers.

Because purchasing decisions are so important, companies invest a lot of energy into the process of vendor selection. In previous lessons, we’ve looked at sourcing suppliers and discussing vendor criteria. Once you’ve got a clear idea of what you need and you’ve had some discussions with possible vendors, then you need to qualify them.

Basically, vendor qualification is about talking to a vendor to make sure they’re the right fit. And that’s best done during a visit to their facilities. Vendor qualification includes asking for documentation and getting samples, as proof of quality and a clean track record. As you talk, you may try to identify any inconsistencies between what you have heard and what you see. It’s also important to ensure comprehensive quality management and to probe for proof of consistency.

In today’s dialog, we’ll hear Adam, a purchasing manager who works for xFit, a company that makes fitness equipment. Adam has just taken a tour of a potential vendor’s factory. He’s talking with the manufacturer’s representative Jenny, and asking questions to see if her company is a good fit to supply parts for xFit’s exercise equipment.

Listening Questions

1. Why does Adam want product samples?
2. Why does Adam mention that he didn’t see the equipment or a set-up for the “powder coating” process?
3. What does Adam want Jenny to provide in order to show proof of consistency?

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BEP 356 – Accounting English: Discussing Taxes (2)

Business English, Business English Vocabulary, English Collocations, Finance and Accounting /

BEP 356 - Financial English: Discussing Taxes 2

Welcome back to Business English Pod for today’s lesson on accounting English vocabulary for discussing taxes.

Spring is a busy time for accountants in the U.S. and many other countries. That’s because spring is when corporations and individuals have to file a tax return with the government. It’s our yearly reminder that we don’t get to keep everything we earn.

Of course, those busy accountants aren’t just calculating your revenue and costs. They’re looking for ways to reduce the amount you – or your business – have to pay in tax. And that’s why the chatter around offices and board rooms is all about ways to avoid handing over too much money to the tax man.

Listen to these conversations and you’ll notice many useful expressions. For example, I’ve already used the phrase “file a tax return.” That verb “file” always goes with “return” when we talk about our annual submission to the government. You can learn those words together, as one expression or “collocation.”

A collocation is just a natural combination of words that native English speakers learn as a chunk. With English collocations, we don’t have to go searching for every word in our brain. Instead, we pull out a string of words that matches our intended meaning. Learning these strings of words is more efficient, and will make you sound more natural. As you listen to today’s conversation, try to pick out some of these collocations and we’ll discuss them later in the debrief.

In the dialog, we’ll continue with a conversation about the tax situation of a company called Brando Equipment. Christie has been giving an update to two senior managers: Glen and Ivana. Last time, Christie gave them an overall picture of the tax situation, and today she’s providing more detail.

Listening Questions

1. What does Christie say is one factor that increased their reported income?
2. What helped reduce the company’s reported income by about $50,000?
3. What important issue does Ivana want to discuss in more detail at the end of the dialog?”

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BEP 355 – Accounting English: Discussing Taxes (1)

Business English, Business English Vocabulary, English Collocations, Finance and Accounting /

BEP 355 - Financial English: Discussing Taxes 1

Welcome back to Business English Pod for today’s lesson on accounting English for discussing taxes.

There’s an old saying in English that “nothing is certain except death and taxes.” But, although taxes are certain, the exact amount you have to pay isn’t. Just ask any accountant. For both companies and individuals, there are all sorts of ways to lower your tax bill. And a lower tax bill means more money in our pockets, or in our shareholders pockets. For this reason, tax is a popular topic of discussion, especially in the spring when most taxes are due.

In this accounting English lesson, we’ll listen to three managers at Brando Equipment discuss their tax situation. During the conversation, the managers use a lot of common expressions related to taxes. We call these expressions “collocations.” A collocation is just a group of words that go together naturally.

Some English collocations, such as “take a chance,” are widely used. But many collocations are particular to a certain field of work or topic. And to work in that field or discuss that topic, you need to know these special expressions. When it comes to taxes, for example, you need to know that we use the verb “file” with “taxes” to talk about our yearly report to the government. Learning collocations like this in different fields will develop your vocabulary and help you sound more natural.

In the dialog, we’ll hear Christie, Glen, and Ivana discuss the tax situation at Brando Equipment, a subsidiary their company has recently purchased. Glen and Ivana are corporate managers, while Christie is an accountant. The three colleagues use many English collocations and vocabulary specific to taxes as they talk about how much tax Brando Equipment owes.

Listening Questions

1. What does Ivana hope that they finish by the 30th of the month?
2. Near the start of the conversation, what does Christie say is higher than they anticipated?
3. What key piece of information does Glen want to know?

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BEP 354 – Business English Coaching 3: Reviewing Progress

Advanced, Business English, Human Resources, Training /

BEP 354 - Business English for Coaching Lesson 3: Reviewing Progress

Welcome back to Business English Pod for today’s lesson on reviewing progress in a coaching program.

Do you set goals for yourself? More than likely, right. And this is something we hear a lot about, especially in the New Year. Setting goals is a fundamental part of success. And if you are in a coaching role, you have probably helped other people set goals for themselves. But the real work isn’t in setting the goals; it’s in following through and putting energy into meeting these goals.

And as someone’s coach, your work isn’t done once you help someone decide on some objectives. The next step is following up, which typically means sitting down with the person you’re coaching to review progress. You ask them how things have been going, and listen as they describe what they’ve done. But sometimes, the person hasn’t really followed through. What then?

That’s when you prove your value by holding the person accountable. And that might include reinforcing your company’s values, as you try to hold the person to their commitments. Of course, the person might have encountered barriers, which you can ask about and discuss. Still, those barriers shouldn’t serve as excuses, and you may have to push the person a bit to reach their potential. And, of course, a good coach remains supportive throughout this kind of process.

In today’s dialog, we’ll continue listening to a conversation between two lawyers, Marion and Rachel. Marion has been coaching Rachel as she adapts to her new job as a young attorney. They’ve discussed some of the problems Rachel faces, and set some goals. Now Marion is following up and reviewing progress toward those goals.

Listening Questions

1. What does Marion say when Rachel blames Jeff for some problems?
2. What barrier does Rachel identify to improving her profile and network?
3. After challenging Rachel to do better, what does Marion offer?

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BEP 353 – Business English Coaching 2: Setting Goals

Advanced, Business English, Human Resources, Training /

BEP 353 - Business English for Coaching 2: Setting Goals

Welcome back to Business English Pod for today’s lesson on setting goals during a coaching session.

You’ve probably heard that an important part of coaching is listening and showing empathy. A good coach tries hard to understand the person he or she is trying to coach. That helps build trust, which creates a constructive relationship. But what is that relationship for? What kind of work does that trust allow?

Once you build a good relationship as a coach, then you can start talking about improvements. After all, coaches don’t exist just to hear about people’s problems. Their whole purpose is to help people get better. And a big part of getting better is setting goals, which is something a good coach can help with.

So how do we work with someone on their goals? Well, that might start with asking about their motivation. After all, goals have to be directed at something. If someone’s motivated by the idea of getting a promotion, then the goals have to relate to that. And that underlines the fact that they are the other person’s goals. We don’t set goals for them. We ask them about their goals. Then we can help them break their goals into smaller objectives.

Of course, another important role of a coach is to give encouragement. So when we help someone set goals, we are in a good position to show confidence in their ability to meet them. And finally, we might ask them about their next steps. That is, what are the concrete activities that the person will take as she tries to accomplish her goals?

In today’s dialog, we’ll rejoin two lawyers: Marion and Rachel. Marion has been coaching Rachel as she learns how to be a better lawyer. In the previous lesson, we heard Marion trying to figure out Rachel’s challenges. Now we’ll hear her help Rachel set some goals.

Listening Questions

1. What does Marion ask Rachel about at the start of the conversation?
2. What short-term objective does Rachel identify for herself?
3. What does Marion say she is “sure about” and has “no doubt about?”

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BEP 352 – Business English Coaching 1: Needs Analysis

Business English, Human Resources, Management English, Training /

BEP 352 - Business English Coaching 1: Needs Analysis

Welcome back to Business English Pod for today’s lesson on English for coaching.

Everyone understands the importance of a good coach in sports, but what about a good coach at work? In fact, coaching is an important part of every manager’s job. Managing people isn’t just about telling them what to do and how to do it. A good manager helps employees develop and reach their full potential, just like in sports. And that requires an open and constructive coaching relationship.

Coaching involves an ongoing dialog between you and the employee. Together you’ll assess the situation, set goals, monitor those goals, and adjust your activities and objectives as you go along. Yes, I said “together.” The 21st century manager isn’t the same as the 1980s manager. The relationship is different. You have to be the boss without being bossy. You need to maintain your authority and the employee’s autonomy at the same time. That’s a fine line to walk.

Coaching often begins with a needs analysis. That is, you’re meeting with an employee to figure out what is working well, what’s not working at all, and what can be improved. That conversation will involve a lot of open-ended questions. It will also involve showing empathy, which is an important part of leadership.

When you talk about the employee’s performance, it’s important to give very specific examples of behavior. It’s also important to ask for their perspective on those behaviors. Ultimately, you want to get the employee to agree about what his or her challenges are. Only then can you move on to talk about solutions.

In today’s dialog, we’ll hear Marion, an experienced lawyer, coaching a younger lawyer named Rachel. Marion and Rachel are having an open discussion about Rachel’s performance, and trying to establish what her needs might be.

Listening Questions

1. Why does Marion mention her own experience at her first job?
2. What example of Rachel’s performance does Marion bring up for discussion?
3. After assessing the problem, what does Marion ask Rachel at the end of the conversation?

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BEP 351 – Idioms for Describing Relationships (Part 2)

Business English, Business English Vocabulary, Business Idioms /

BEP 351 - English Idioms Lesson on Describing Relationships (2)

Welcome back to Business English Pod for today’s lesson on business English idioms for describing relationships.

We all spend a lot of time every week at work. So much, in fact, that sometimes it feels like our colleagues are a kind of family. And just like families, workplace relationships can be a source of both satisfaction and stress. Sometimes we support each other, while at other times we argue bitterly. And sometimes our disagreements are constructive, while at other times they can generate conflict.

In any case, whether they’re positive or negative, workplace relationships are a constant source of fascination. And English has many idioms and expressions to describe how people get along, or don’t get along. These idioms will help you discuss the often complicated relationships in your workplace.

In the dialog, we’ll rejoin three colleagues at an insurance company. They’ve been talking about the relationships between the people on a new team. In their discussion, they use many English idioms to describe how people get along, both past and present.

Listening Questions

1. How was the relationship between Dave and Diego?
2. What happened when Ivan and Dave were asked to open a new office together?
3. What does Mark say about his relationship with Chuck?

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BEP 350 – Idioms for Describing Relationships (Part 1)

Business English, Business English Vocabulary, Business Idioms /

BEP 350 - Business English Idioms for Describing Relationships (1)

Hello and welcome back to Business English Pod. My name’s Edwin, and I’ll be your host for today’s lesson on business English idioms for talking about relationships.

They say that success in business is all about relationships. Certainly, your success in a particular workplace is greatly dependent on how you relate to those around you. That includes your colleagues, your collaborators, your staff, and your bosses. If you don’t develop good relationships, then it probably doesn’t matter how great your work is.

Relationships aren’t just important, they’re also interesting. What do you and your colleagues talk about when you chat socially? A lot of your conversations are probably about the people at your workplace. Who isn’t getting along, who is getting along a little too well, who doesn’t like who, and who is being a bit too nice to everyone.

Whatever kind of relationships you’re talking about, there are hundreds of English idioms you can use. If you listened to our 925 English lesson on describing people, then you learned some useful basic expressions. In this lesson, we’ll take that to the next level with some great idioms for describing relationships.

In the dialog, we’ll hear a conversation between three colleagues: Brooke, Mark, and Ivan. They work for an insurance company that has just put together a new team to work on a new product. The three colleagues are keen to talk about the complex web of relationships among the people on this team.

Listening Questions

1. What is the relationship between Chuck and Dave?
2. What does Brooke think will change between Dave and Anna?
3. What’s the relationship between Becky and Dave?

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Business English News 42 – Trade Wars

Business English, Business News, Finance and Accounting /

Business English News 42 Lesson - Trade Wars

According to Donald Trump, “trade wars are easy to win.” However, as usual, reality appears to contradict Trump’s claims. In the current dispute between the U.S. and China, it doesn’t look like a winner will emerge any time soon. As CNN notes:

The Trump administration made good on its threat to raise tariffs on $200 billion worth of Chinese exports from 10% to 25%, marking a sharp rise in tensions between the world’s two largest economies. After months of talks aimed at ending a year-long dispute that has already hurt global growth and rattled stock markets around the world, the latest US salvo risks triggering a new wave of tit-for-tat responses.

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BEP 335 – English for Discussing Change Management (1)

Business English, Business English Vocabulary, English Collocations, Management English /

BEP 335 - English Collocations for Discussing Change Management (1)

Welcome back to Business English Pod for today’s lesson on English collocations for discussing change management.

Change is a constant. Nowhere is this more true than in business. Just look at the list of Fortune 500 companies from 50 years ago. You might be surprised by how many of those well-known companies are now gone. So what’s the difference between a company that survives and one that dies? A lot of it is about how they manage change.

In this lesson, we’ll listen to a meeting featuring three colleagues who are trying to figure out how to restructure their company. During the discussion, you’ll hear lots of useful expressions that we call “collocations.” And what is a collocation? Well, it’s just a group of words that go together naturally. You heard me use the expression “restructure a company.” That’s a collocation. The words go together as one expression.

Native speakers learn collocations naturally. They simply repeat expressions that they’ve heard hundreds of times. If English is your second language, however, it might not come so automatically. But, by studying collocations, you can improve your vocabulary and sound more fluent at the same time. As you listen to today’s conversation, try to pick out some of these business English collocations and we’ll discuss them later in the debrief.

In the dialog, we’ll hear Jake, Finn, and Lauren. The company they founded has grown, and now they need to carefully manage the transition to a larger company.

Listening Questions

1. What does Finn think is required to manage change in their company?
2. What does Lauren say is the first step in change management?
3. What does Jake believe is driving change in the company?

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