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Manage-Wise
Coup de reportage
Marketing
isnt the only organizational function that had to adapt to meet the demands
of empowered stakeholders. Media relationsthe founding tenet of public
relations (PR) and corporate communicationshas experienced a seismic shift
as the Internets ubiquity permeated every facet of business. The weight
traditional media always carried in making or breaking brands and reputations
lessened with the emergence of every new digital platform. Likewise, journalisms
romanticized standards, built up by Algonquin Round Table-esque meetings of
the minds and immortalized by the investigative, live-the-story styles of the
Thompsons, Woodwards, and Wolfes of the profession, are unrecognizable in a
time when an opinion and an Internet connection are all it takes to be a reporter.
The new media relations
Today, after two centuries of institutionalized media, content creation
has been democratized, said Sir Martin Sorrell, group chief executive
of WPP. The voice of ordinary people is increasingly as loud as that of
mainstream media. Now everyone has the potential to influence a companys
reputationwhether peer-to-peer, word-of-mouth, or through online comparison
and product recommendation sites. Conversation is in. For brands to have influence,
they must be talkingnot just mindless chatter, but serious information
presented in an authentic way.
We will be looking at media relations in the context of a three-dimensional
media landscape governed by impulse above logic, chaos above order. The growing
role of digital media in defining corporate brands and reputations initially
put many business leaders on the defensive, but many now are finding that they
dont have the choice when it comes to joining the conversation. When the
fight-or-flight instinct kicks in, its step up or step aside. With the
corporate communication function at the helm, organizations are modifying their
media strategies accordingly. Here we will talk in detail about the new media
relations environment that corporate executives now face, as well as the challenges
and opportunities that are present in communicating with the media, both as
a stakeholder group and as a vehicle for reaching consumer audiences. They also
will offer strategies for understanding the nuances of communicating news and
information effectively to the pressan entity made profoundly
nebulous by consumer-generated media, digital platforms, and the emergence of
citizen journalists.
Growth of online media
The medias influence over the successes and failures
of companies is not a recent phenomenon; what is recent, however, are the increasing
difficulties defining whoand whatthe media are. Traditional medianewspapers,
magazines, television, radiohave served as a conduit of information between
companies and their stakeholders for ages, but these platforms have always acted
more as a mouthpiece for corporate news rather than as a channel for two-way
communications. Now, blogs, social media outlets, and online communities have
empowered anyone to act as a journalist of sortshence the term citizen
journalismand to engage various audiences in conversations that have acute
effects on the reputations of companies. As online interaction media became
more prominent, in fact, the general publics opinion of the most
essential medium changed radically; in the first decade of the twenty-first
century, the publics choice of the Internet as the most essential medium
has increased by 39%, whereas newspapers and radio decreased by 10% and 53%,
respectively. Meanwhile, television held its ground with a mild 8% increase.
Whether out of the spirit of innovation or the fear of being left in the dust,
traditional media outlets made the transition online as the publics consumption
habits became more digitally inclined.
Plus, the rise of online news from nontraditional sources in the form of bloggers
lends further support to corporations developing a thoughtful approach to their
media relations with both traditional and nontraditional media; the 2008 Edelman
Trust Barometer (which focuses on influentials) indicated that 86% of Internet
users rank reading news as the top activity they engage in online, and social
media as a source for corporate information is gaining credibility, especially
among younger influentials.
This monumental change in the publics media consumption habits, coupled
with the explosion in relevance of consumer-generated media, affects both businesses
and media organizations. For starters, one could argue, as the former president
of CBS News did, that every company is a media company to some extent
because businesses now create content that goes directly to their stakeholders
without the filter of traditional medias editorial standards. The quality-control
responsibilities still lie with the corporate communication function in almost
all cases, but now these responsibilities have very little to do simply with
crafting press releases and sending them out on the newswires. Rather, building
relationships with influential media, both online and offline, is the crux of
the success or failure of media relations campaigns.
Digitalization of media
As mentioned previously, media relations backroom iteration within corporate
organizations was based primarily on primitive tactics meant to inspire reporters
to give a company positive coverage: writing press releases, coordinating news
conferences, planning events, announcing new-product launches, etc. In the days
before email communications were ubiquitous, these outreach efforts came in
the form of cold calling reporters and mailing or faxing releases, event invitations,
or announcements. The girth of a PR professionals Rolodex was one of the
best judgements of success, as was the thump factorthat is,
the loudness of the thump when the book of press clips mentioning the company
hit the desk.
Today, the convergence of old and new media outlets online makes these tactics
archaic, if only because they dont facilitate relationship-building, engaging
conservations, or targeted outreach. However, while the media are still a conduit
for message dissemination via these channels, they also have become a stakeholder
group, setting their own preferences and acting on their own whims.
In fact, many of the most influential media representatives live and work solely
in the online space, sparking an argument about whether traditional media have
been felled at the hands of the digerati.
Excerpt from Digital Strategies for Powerful Corporate
Communications by Paul A. Argenti & Courtney M. Barnes. Reproduced
with permission © 2009, Tata McGraw-Hill Publishing Company Limited. Price:
Rs 495. Vishwanath_Ghanekar@mcgraw-hill.com
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