pr means business: how communications firms are evolving

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Page 1: PR Means Business: How Communications Firms are Evolving
Page 2: PR Means Business: How Communications Firms are Evolving

PR MEANS BUSINESS:

HOW COMMUNICATIONS FIRMS ARE EVOLVING

Page 3: PR Means Business: How Communications Firms are Evolving

TODAY’S PRESENTERS

Matt Cookson

President and CEO, Cookson Strategic Communications

Jennifer Zingsheim Phillips

Founder, 4L Strategies

Page 4: PR Means Business: How Communications Firms are Evolving

How has the PR business evolved in the last decade?• Digital transformation

• The expansion of social and digital media

• The rise of freelancers• Firms commonly work with a network of consultants, rather than a large team of full-time employees• Allows firms to hire specialists

as neededPhoto courtesy of Jason Howie

Page 5: PR Means Business: How Communications Firms are Evolving

Where does it still need to evolve?

• Putting more emphasis on measurement• Linking communication efforts with business goals to

show value and justify larger budgets

• Creating a flexible schedule, partially in response to the 24/7 media cycle

• Reevaluating existing practices, such as the billable hours model, to determine their effectiveness

Page 6: PR Means Business: How Communications Firms are Evolving

Predictions for the future of the business

• Continued digital transformation

• The expansion of technology including:• Predictive analytics• AI• New social platforms

and features

Page 7: PR Means Business: How Communications Firms are Evolving

Q&A

Page 8: PR Means Business: How Communications Firms are Evolving

www.carma.com@CARMA

@CARMA_US

Matt [email protected]

Jennifer Zingsheim [email protected]