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©2011 Dow Jones & Company ©2011 Dow Jones & Company Managing the Uncontrollable Integrated Communications in the Age of Social Media • The State of (Social) Media for Communicators • Social or not – It’s Media Relations • Being humane is everything: Ready for the next crisis? • The future is about smart decisions Lars Voedisch Managing Media Consultant, APAC Dow Jones and Company [email protected] @larsv
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Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

Nov 01, 2014

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Lars Voedisch

The State of (Social) Media for Communicators;
Social or not – It’s Media Relations;
Being humane is everything: Ready for the next crisis?;
The future is about smart decisions
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Page 1: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Managing the UncontrollableIntegrated Communications in the Age of Social Media

• The State of (Social) Media for Communicators

• Social or not – It’s Media Relations

• Being humane is everything: Ready for the next crisis?

• The future is about smart decisionsLars Voedisch

Managing Media Consultant, APACDow Jones and [email protected]

@larsv

Page 2: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Page 3: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

About Dow Jones: Meet the Family

Page 4: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

27,000+ global sources17M+ companies35M+ executives16M+ Websites and blogs

150+ researchers130,000+ indexes

Media/VC/Risk

2,000 journalists84 bureaus18,000+ daily news items

Other People’sContent

Dow JonesResearch

Dow JonesNews,

Commentary & Analysis

MainstreamMedia

Web/SocialMedia

4

Not just news – news plus information plus insight

Page 5: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Top Internet Markets – 46% of Users in 5 Countries –China, USA, Brazil, India, Russia

Source: Ten Questions Internet Execs Should Ask & Answer – Morgan Stanley; Comscore

Page 6: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

The Facebook Curtain: Missing links to China, Brazil, Russia, …

Source: Visualizing Friendships - Facebook

Page 7: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Online Engagement? Customers are very demanding!

[Brands] have to SURPRISE ME, not only meet my needs, but ANTICIPATE MY NEEDS. By using social media exclusively, I think the company has to

ANSWER whenever I have a question, ENLIGHTEN me whenever I complain,and THANK me whenever I compliment them.

Source: The Language of Love in Social Media - Firefly Millward Brown

Page 8: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

When it comes to an end… the Social Break-Up

Source: The Social Break-Up – Exact Target

Page 9: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

When it comes to an end… the Social Break-Up

Source: The Social Break-Up – Exact Target

Page 10: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

When it comes to an end… the Social Break-Up

Source: The Social Break-Up – Exact Target

In context:

For email, if no longer interested,it’s even67% whowould just “unsubscribe”

In context:

For email, if no longer interested,it’s even67% whowould just “unsubscribe”

In context:

For email, if no longer interested,it’s even67% whowould just “unsubscribe”

Page 11: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Challenge within Organizations:Who ‘owns’ Social Media?

Source: Blurring Lines, Turf Battles and Tweets: The Real Impact of Integrated Communications on Marketing and PR

Page 12: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Challenge within Organizations:Who ‘owns’ Social Media?

Source: Blurring Lines, Turf Battles and Tweets: The Real Impact of Integrated Communications on Marketing and PR

Who Cares?

Page 13: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

What does it take to make it in Social Media?

Education: Understand Communications & Marketing First!

Entrepreneurial:

Be multi-disciplinary and ready to take calculated risks

Source: Background of the Corporate Social Strategist – Altimeter/Jeremiah Owyang

Page 14: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

The PR Perspective:Social or not – it’s Media Relations?!

Page 15: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Social Media Relations: Everything Changes!?

Everything ChangesEverything Changes• It’s about two-way

conversations

• You’ve to deal with more channels

• We HAVE to listen and understand what’s said about us!

• What about those negative comments and posts?

• The game get’s so much faster

Nothing ChangesNothing Changes• You’ve to manage

relationships

• So it’s wires, print, broadcast – and social media

• You already: monitor and analyze your media coverage

• Not every negative comment means a crisis

• Already forgot newswires? Look at trends over time

Page 16: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Social Media Relations: Everything Changes!?

Everything ChangesEverything Changes• It’s about two-way

conversations

• You’ve to deal with more channels

• We HAVE to listen and understand what’s said about us!

• What about those negative comments and posts?

• The game get’s so much faster

Nothing ChangesNothing Changes• You’ve to manage

relationships

• So it’s wires, print, broadcast – and social media

• You already: monitor and analyze your media coverage

• Not every negative comment means a crisis

• Already forgot newswires? Look at trends over time

Dealing with (Social) Media is an ART:

AuthenticRelevant

Transparent

Page 17: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Trying to be innovative…

Page 18: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

…and what happens if your seen as insensitive.For a comeback you have to act humane.

Page 19: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Reputational Risk: It’s all about perception...

Emergence:Issue getspublic

Spreading:Growing interest

Establishment:Full crisis

Erosion:Relevancedeclines

Potential:Known areas

A crisis can happen in a blink of tweet…

Page 20: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Reputational Risk: It’s all about perception...

Emergence:Issue getspublic

Spreading:Growing interest

Establishment:Full crisis

Erosion:Relevancedeclines

Potential:Known areas

A crisis can happen in a blink of tweet…

It’s about getting it fast, getting it right and

getting it over!

Page 21: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Monitor Analyse Discover

research & promote the buzz

issues, trends& strategies for

impact

opportunities &risks in time

to act

Engage

& pinpointbetter the influential

Use smart tools along your workflow!

Communications Objectives & Strategy

Page 22: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

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Understand the context?

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.Warren Buffet

Page 23: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company23

Where does aCRISIS happen vs. where does it start?How does the story

play out in traditionaland social media?

How bad (or good) is it?

What’s really going on?

Page 24: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Outlook & Summary

Page 25: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Outlook & Summary

Access – anything, anywhere, anytime, anybody• Great for our media consumption possibilities• Privacy: Think “Big Brother”

Page 26: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Outlook & Summary

Access – anything, anywhere, anytime, anybody• Great for our media consumption possibilities• Privacy: Think “Big Brother”

Stress – Making sense of all this information• More, smarter decisions• Networks of Trust & Relevance

Page 27: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Future-Proofing Public RelationsWho do YOU want to be?

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Critical Analytical Skills

No Analytical Skills

Strategic BusinessOrientation

VanityPublishing

GamblersGamblers WinnersWinners

OstrichesOstriches BluffersBluffers

Page 28: Managing the uncontrollable - Integrated Communications in the Digital Age - 2-2011

©2011 Dow Jones & Company©2011 Dow Jones & Company

Questions?

Lars VoedischManaging Media Consultant, APACDow Jones and [email protected] @larsv

Thank you.