Skip words in the terminal when using iTerm Zshell in OS X El Capitan

So, you want to skip words (move the cursor word by word rather than character by character to left or right) in the terminal. And you are using 

• Zshell with iTerm
• OS X el capitan (10.11+)

but cannot set the word skipping in the terminal usual way. Then the following instructions are for you.

• Add the following line to ~/.zshrc
bindkey -e
bindkey '\e\e[C' forward-word
bindkey '\e\e[D' backward-word
• Go to
System Preferences → Keyboard → Shortcuts → Mission Control
• Uncheck the mission control shortcuts Move left a space and Move right a space 



• Done

Thought of writing this up as the information is scattered. Thank goes to the original authors. Please leave a comment if this is not working for you.