group 4_cfm presentation_corporate communications & media relations

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  • 8/20/2019 Group 4_CFM Presentation_Corporate Communications & Media Relations

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    Corporate

    Communications

    and

    Media Relations

    Members (Group 4)

    •Amit Aggarwal (wmp11005)

    •Amit Gupta (wmp11006)

    •Mayank Khanduri (wmp11022)

    •Rajee !ayan "ha (wmp110#6)

    •$ijit %yagi (wmp110&5)

    •Al'k Kumar (wmp1100&)

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      A means of creating a Brand Image ?OR

      A advertisement of company’s reputation ?

    OR

    Something Else ?

    CORPORATE COMMUNICATION

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    It is basically managing company’s internal and

    external communication  A set of activities generated by a company to achieve

    planned goals.

    CORPORATE COMMUNICATION 

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    CORPORATE COMMUNICATION

    CORPORATE COMMUNICATIONS

    INTERNALEmployees Sta!eholders

    EXTERNAL"hannel

    #artners$edia%overnment

    Industrial bodies %eneral

    public

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    Organi&ation Image "reation and #erception handling  $inimi&e discrepancies bet'een the company(s desired identity

    and brand features

    #roactive "ommunication #lanning

    $anaging Issues and responding to "risis Situations

    Serving both internal and external audiences

    Organi&ation)s #resence building and $onitoring*

    RESPONSIBILITIES OF CORPORATE

    COMMUNICATION 

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    %lobal economy and environment

    Better Informed Audience

    Increased Role of management

    Rapid development of $edia technologies leading

    communication trends

    IMPORTANCE OF CORPORATE COMMUNICATION 

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    Media Relations Building a relationship with the media 

    Specially 'ith +ournalists or the channels such as maga&ines ,ournalsne'spaper -. and social net'or!s

    Importance o Media relations

    /evelops opinions beliefs impression

    general a'areness and claims about an organi&ation* -he opinion is mostly controlled by media such as ,ournalists opinion so

    liaison and develop favorable relations*

    !ierent media t"pes

    0e' #apers $aga&ines

    -elevision

    Radio

    Internet

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    Media Relations

    Need o reaching Media

    1aunch of a ne' product2service 3inancial results

    Organi&ation sponsored events or a'ards

    #romotional campaigns

    Recent disasters "risis stri!es

    #hat is news or Media relations

    4ords and images to society #repare stories

    #ress to the ,ournalists 'ould 'rite about

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    Building a Media Plan Set Strategic goals

    3ind your ne's 5 and share it

    /evelop a media !it

    Identify the most applicable media channels

    Reach Out

    6eep the channels open

    3inally Ace your intervie'

    Strategy "ontent "hannels Engagement Evaluation

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    Some Bad $ %ood E&amples o Media relations

    MalayiaAirline “ant t' g'

    'mewhere *utd'n+t kn'wwhere?”

    After one airplane mysteriouslydisappeared and another wastragially !lown up" #alaysiaAirlines tried to appeal totra$ellers% in a promotionalampaign this past No$em!er& This 'a()red

    “*e ame to the deisionthat pro$iding health areand selling igarettes +ustdon%t go together in thesame setting.”

    ,-/,aremar( announedthat it would forego some 01!illion in sales of to!aoand related produts.

    ,tar*u-kAfter 2odi 3anter of theNew York Times wrotea distur!ing artilea!out !arista andsingle mom 2anetteNa$arro%s tra$ails dueto automatedsheduling

      The next day " tar!u(shanged its sheduling poliiesfor all 567"777 wor(ers.

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    INFORMATION DISSEMINATION !O"#

    #ress release 2 media7briefing to at least 8 ma,ornational dailies and 9 regional language*

    Selective disclosures : lea!s should be avoided* /epending on the situation reach out personally ;E*g

    1ava "omm

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      CRITICAL COMMUNICATION SITUATIONS 

    #olicy changes 'hich impact the organi&ation Specific =uestions raised by statutory bodies

    shareholders or media

    >nnatural or unusual stoc! mar!et activity An accident stri!e or other forms of crisis

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    Than' "ou(