• Introduction, Meaning, Scope, Corporate Communication in India, Need/ Relevance of Corporate Communication in Contemporary Scenario b) Keys concept in Corporate Communication • Corporate Identity: Meaning and Features, Corporate Image: Meaning, Factors Influencing Corporate Image, Corporate Reputation: Meaning, Advantages of Good Corporate Reputation c) Ethics and Law in Corporate Communication • Importance of Ethics in Corporate Communication, Corporate Communication and Professional Code of Ethics, Mass Media Laws: Defamation, Invasion of Privacy, Copyright Act, Digital Piracy, RTI Understanding Public Relations a)Fundamental of Public Relations: • Introduction, Meaning, Essentials of Public Relations, Objectives of Public Relations, Scope of Public Relations, Significance of Public Relations in Business b) Emergence of Public Relations: • Tracing Growth of Public Relations, Public Relations in India, Reasons for Emerging International Public Relations c) Public Relations Environment: • Introduction, Social and Cultural Issues, Economic Issues, Political Issues, Legal Issues d) Theories used in Public Relations: • Systems Theory, Situational Theory, Social Exchange Theory Functions of Corporate Communication and Public Relations • A) Media Relations: • • Introduction, Importance of Media Relations, Sources of Media Information, Building Effective Media Relations, Principles of Good Media Relations • b) Employee Communication: • • Introduction, Sources of Employee Communications, Organizing Employee Communications, Benefits of Good Employee Communications, Steps in Implementing An Effective Employee Communications Programme, Role of Management in Employee Communications • c) Crisis Communication: • • Introduction, Impact of Crisis, Role of Communication in Crisis, Guidelines for Handling Crisis, Trust Building • d) Financial Communication: • • Introduction, Tracing the Growth of Financial Communication in India, Audiences for Financial Communication, Financial Advertising Emerging Technology in Corporate Communication & Public Relations a) Contribution of Technology to Corporate Communication • Introduction, Today’s Communication Technology, Importance of Technology to Corporate Communication, Functions of Communication Technology in Corporate Communication, Types of Communication Technology, New Media: Web Conferencing, Really Simple Syndication (RSS) b) Information Technology in Corporate Communication • Introduction, E-media Relations, E-internal Communication, E-brand Identity and Company Reputation c) Corporate Blogging • Introduction, Defining Corporate Blogging, Characteristics of a Blog, Types of Corporate Blogs, Role of Corporate Blogs, Making a Business Blog Meaning • Corporate communication is a management function that offer co-ordination of all internal and external communication with a purpose of establishing and maintaining favourable reputations with stakeholders groups on which the organization is dependent It means… • The future of any organization critically depends on how it is viewed by key stakeholders, such as shareholders and investors, customers and consumers, employees, and members of the community in which the company operates. • Protecting the organization’s reputation is considered to be ‘critical’ and one of the most important strategic objectives. Overview … • Until the 1970s, practitioners had used the term ‘public relations’ to describe communication with stakeholders. • However, it largely consisted ofcommunication with the press. • As the more demand of communication has arises from different stakeholders, the roots of the new corporate communication function started to take hold • It focuses on the organization as a whole and how an organization presents itself to all its key stakeholders, both internal and external. Today… • Organizations have realized that the most effective way of organizing communication consists of ‘integrating’ most, if not all, of an organization’s communication disciplines and related activities, such as media relations, issues management, advertising and direct marketing. Until the 1980s, marketing and public relations were considered as two distinct disciplines, in their objectives and tactics. Marketing deals with markets, while public relations deals with all the publics (excluding customers and consumers) of an organization • In the 1980s, concern over the rising costs and decreasing impact of mass media advertising encouraged many companies to examine different means of promoting customer loyalty and brand awareness to increase sales. • Companies started to make greater use of ‘marketing public relations’. • It involves the use of public relations techniques for marketing purposes which was found to be a cost-effective tool for generating awareness and brand favorability SCOPE • Complex in nature. • Demands an integrated approach. • Harnesses the strategic interest of the organization. • Centralized department. • Integrates or coordinates the work. Responsibilities… • To promote the profile of the "company behind the brand" (corporate branding) • To minimize discrepancies between the company's desired identity and brand features • To delegate tasks in communication • To formulate and execute effective procedures to make decisions on communication matters • To mobilize internal and external support for corporate objectives • To coordinate with international business firms Corporate Communication in India • New economic policy – 1991 • Vision 2020 -corporate communication to be a part of strategic management. • Role of public sector • Demand of professionals Need & Relevance • Customer awareness : Customers already know about the product they want to purchase by seeking information about the product online. • Internet : The rapidly changing global economy, a revolution of media fuelled by democratisation of the internet and a substantially transformed the 21st century corporation and is making the business more competitive • More clutter : On average a person is hit by 13,000 commercial messages daily integrated communication strategies are more likely to break through this clutter. • Emphasis in ICT : Organisations are also realising that messages in various media can complement one another leading to a greater communication impact than any single message can achieve. • A corporate identity or corporate image is the manner which a corporation, firm or business presents themselves to the public (such as customers and investors as well as employees). • Corporate identity is a primary goal of the corporate communications, for the purpose to maintain and build the identity to accord with and facilitate the corporate business objectives. • The corporate identity is typically visualized by way of branding and the use of trademarks, but it can also include things like product design, advertising, public relations etc.. . • In general, this amounts to a corporate title, logo (logotype and/or logogram) and supporting devices commonly assembled within a set of corporate guidelines. • These guidelines govern how the identity is applied and usually include approved colour palettes, typefaces, page layouts, fonts, and others Example … • Google is a company that has been known for its corporate identity of being a modern company which is symbolized by its name which is unique in sound and in image, with a symbol which is always changing in shape and color. 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