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The right way to do this is shoot it properly, following the speaker as he or she moves around.
If it can't be reshot, you can use the Stabilizing feature of After Effects, but this has some limits to its usefulness, specifically the scaling that will be required after stabilization.
Both Harm and Jim have valid approaches. Using the motion controls inside of the effects control panel is one way, but it's manual. Using the stabilize feature in AE is better, but a little bit more complicated.
If it were me, I would use the AE approach as I know it gives good results. You should be able to google "after effects stabilize tutorial" and get something. Video Copilot would probably be my first choice http://www.videocopilot.net/tutorials/stabilize_shaky_footage/
Thanks for the responses and advice.
You have a moving head and moving body. I guess they are independent of each other and not in synch
I cant see what exactly you would stabilise on. Either will look very un natural.
Kind of like to see a before and after clip if you ever get this done.