overview of corporate pr
DESCRIPTION
An overview of Corporate PR and some examples in VietnamTRANSCRIPT
Corporate PR
Nguyễn Nhật Duy
I/ Definition:
Corporate Public Relation is a factor for every company to implement public relations practice within established organization through effective internal corporate communication, experience and the expertise to protect and promote corporate reputation and corporate image of an organization across a wide range of sectors.
II/ Main elements of Corporate PR:
Corporate Citizenship
Corporate Communication
Corporate Ethics
The extent to which businesses are socially responsible for meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim is for businesses to create higher standards of living and quality of life in the communities in which they operate, while still preserving profitability for stakeholders.
Corporate Citizenship may also be referred to as Corporate Social Responsibility (CSR)
Corporate Citizenship
Why CSR ?
CSR
Long-term thinking
Customer engagement
Employee engagement
Innovation
Cost savings
Brand differentiation
Many stakeholders would rather read an overview of the company’s CSR program and its objectives (47%), access key performance data and case studies (40% each) or find latest news announcements(37%). Indeed, companies must be aware their websites and reports have to “compete” for these users’ attention with other online resources and information providers.
Comparison
Corporate Communication
Corporate communication is a management function that offers a framework for the effective coordination of all internal and external communication with the overall purpose of establishing and maintaining favorable reputations with stakeholder groups upon which the organization is dependent.
Structure of Corporate Communication
Internal Communication External Communication
Human Relations Public RelationsMarketing
Communications
Promotion Advertising
External Relations
Aid Policy
Crisis Management
Corporate Ethics (also business ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
Corporate Ethics
Source of values for corporate ethics
Corporate Ethics
Legal Regulation
Professional codes of ethics
Organizational codes of ethics
Individual values
Corporate PR in Vietnam
Total budget: 2307 billion VNDPeople benefited: 1702
Main targets: _ Developing agriculture and environment_ Improving standard of living
Time: 10/2012 to 04/2013
Location: Cao Bang, Bac Can, Binh Thuan, Khanh Hoa, Phu Yen, Gia Lai, Binh Phuoc, Ben Tre, Tay Ninh, Dong Nai, Ca Mau
CSR project of BAT
Cash: 1.3m $Product donation: 1.7m $Children supported: 23000
Target: Improving Children’s Nutrition through School-Based ServicesTime: 2005-2014Location: Quang Tri, Hue, An Giang, …
Vietnam Nutrition Project
Product donation: about 8 billion VND/yearChildren supported: 307000
Target: Every child has the right to drink milk dailyTime: 2010-2014Location: 63 Provinces and Cities in Vietnam