In the business world, speaking effectively is a must. Public speaking — routinely described as one of the greatest (and most common) fears — can make your palms sweat.

This highly valued communications skill is among many people's top fears. According to a study, 74% of people suffer from speech anxiety.

But there are many ways to tackle this anxiety and learn to deliver a memorable speech.

Whether you're giving a presentation or in a social setting, you can use these few simple ways to improve your public speaking talents.

In case you didn't know, the fear of public speaking is known as Glossophobia.

Watch the video to find out more.