Blog Talk Archives
The prospects for franchising in a changing global landscapeCorporate Governance
Towards Better Education - taking the right steps at the right time
World Outlook 2010 - Tiger Year
Singapore APEC meeting
Is it time to invest in the property market?
Mind the unspoken rules for using mobile phones
Nurturing Budding Entrepreneurs
Media Frenzy
RIP Michael Jackson
H1N1: How to Beat It
Take Ownership of Your Success
PR in Challenging Times
The Dos and Don'ts of Email Communication
Resilient and resolute approach to manage the downturn
Marxism reborn in the 21st Century?
Peranakans - Going the way of the Dodo?
Outlook 2009 - Malaysia & the Rest of The World
Good Things in Bad Times
Giving in Times of Need
Resilience in the face of an economic downturn
Is Obama the bull for the financial markets?
Serve the public, don't feed off it
The Seduction of Smooth Returns
Tiger Tiger Burning Bright
Boom Over - No More Fat Pay For Singapore CEOs
Will Depression Rear Its Ugly Head?
| PR in Challenging Times |
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By Lee Yew Meng
Hard economic times are, ironically, the best times to launch an aggressive PR campaign. When times are challenging, often one of the first decisions a company will do is to cut cost and stop all marketing; when in reality, it is the most important time to attract attention to your products/services/businesses. The cost of marketing is lower but the impact may be bigger. As the saying goes, "when all is quiet, even a pin drop can be heard".
Some line functions that may appear to be superfluous may actually be the very ones that can spell short-term success and long-term staying power.
Public relations are just such an example. The ability to manage perception and influence decisions has allowed many a company to rise above the crowd. Nothing builds and supports a brand like public relations. And it is the strong and trusted brands that win customers' favour. It is also the most cost-effective way to spread a message compared to advertising, direct mail and other sales initiatives. For listed companies, PR remains an essential tool to communicate with investors and shareholders, even during an economic downturn. Keep up your reputation and brand values and maintain your image, creatively if you need to. A good PR programme includes four important elements of trust: integrity, honesty, promise-keeping and loyalty. It helps to attract new customers and keep the old. It also helps with galvanizing employees, a challenge companies now face more than ever with salaries frozen and employees' benefits cut. Some companies in human resource management, training and education have benefited tremendously from engaging the media during this economic recession. So how do you go about implementing a good public relations programme in challenging economic times? Stratagem Consultants will be showing you how in a half-day PR workshop next month. Do register your interest with us at
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and we will keep you posted. From Left: Mr Anand Joseph and Mr Lee Yew Meng (Stratagem Consultants) with Mr Dinesh Singh (ZoMedia) at The Asia Business Forum "Strategic Press and Media Management in Crisis Situations Conference" in May 2009. Mr Lee gave a talk on the topic Engaging, Developing and Maintaining Harmonious Relations with the Media in Singapore. He has more than 25 years of journalistic experience working in the newspapers, radio, news wire agency and magazines. |

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