Corporate Communication can include:
Investor relations Employee communication Media, public and government relations Corporate advertising and philanthropy Crisis management
What are the predominant aspects of communication as as organization?
3.Corporate Brand
-Iconic brands connect to social context
- Plainly related to identity and history
- Endorsed brand: when a firms product brands (Nestle) connect to consumers more
then corporate brand (Coca Cola)
- Monolithic brand: when corporate brand resonates more then product brands
- Corporate brand extends promise that company will fulfill
4.Crisis management
Factors that affect the predominant aspects of communication as as organization?
predominant aspects: Identity Reputation Corporate Brand Crisis management
Factors that affect?
-Technology and social media
- Corporate social responsibility- growing trends with millennials
- Trust and authenticity – Warren Buffet called this most valuable asset to a
company
4 business-related communication disciplines
4 areas of marketing communication
6 clusters of organizational communication
ORGANIZATIONAL COMMUNICATION
- Process of creating and exchanging messages within a network of interdependent relationships to cope with environmental uncertainty
Human communication can be broken down into four perspectives
The communication aspect of an organization relies on four dimensions of interaction processes:
membership negotiation, self-structuring, activity coordination and institutional positioning.
PUBLIC RELATIONS meanings
Divided into: media relations, internal communications, community relations, issues management, crisis management, public affairs, financial relations and sponsorship
What is corporate communications?
3 areas of corporate communications
3 Key Overlaps of Disciplines
Indivisible Phenomenon: communication crosses all sectors in varying degrees Relational Perspective: all disciplines studied adopt relationships Communication as an intangible resource
Marketing – relationships generate loyalty
Organizational – underlines knowledge creation
PR and Corporate Communications – reputation as a resource
Freeman’s Stakeholder analysis
Primary: Financiers, customers, communities, suppliers, employees
Secondary: Media, Government, Competitors, Special Interest Groups, consumer advocacy groups
Relationship between identity and reputation
Brand is customer centric – focusing on product/service that company delivers to consumers and what that commitment means to them
Reputation is company centric – credibility and respect that company has amongst employees, investors, regulators etc.
Strategic Internal Communication
Internal Communication has 3 primary goals
Guidelines for internal communications
How to measure effectiveness of internal communications
Qualitative:
Quantitative:
What is networking?
3 components of networking?
10 desired traits by employers
The conversation age: The opportunity for public relations. article take aways
This article talks about the opportunity that public relations present in new communication age
Rising role of customer care
Viral effect
Noise and clutter
Wining in the conversation age
PR must improve in these areas
Business Acumen- become more serious business people
- Marketing breadth – expand knowledge of marketing mix etc.
- Global perspective – more appreciative of dealing with different
cultures/geographies
Final Notes: Communications
- Strategic Alignment – campaigns are rooted in strategy
- Commitment to Accountability – understand costs of PR and cost of measuring
success
4 models of PR
Press agent/public
public info
two way asymmetric
two way symmetric