Twitter has just annonced that former COO, Dick Costolo, has now been appointed as the company's new CEO. While reading this article, I was shocked to learn that even after 4 years of thriving growth and over 167 million members, Twitter is still not a profitable company. Becoming profitable is not the company's primary concern right now. Enhancing the experience for users and finding more affective means for companies to advertise via Twitter seems to be the primary focus which will ultimately lead to revenue growth and increased profit margins.
If Facebook can become a multi billion dollar empire, I can't see why Twitter can not achieve similar status!
Monday, October 4, 2010
Wednesday, June 23, 2010
BP's MAJOR PR mistakes. What went wrong?
I have been seeing the PR references coming up routinely now in the certainly... meritorous defamartory news reports world wide on BP's oil crisis. It is now proclaimed as the worst environmental disaster ever faced in North America and to add more fuel to its fire, PR efforts are unceasingly receiving big fat: FAILS.
So, what are they doing wrong?
CEO, Tony Hawyard, has publically declared that he would "Like his life back" and was even seen this past weekend at a prestigious yacht racing event in the oil free waters off the coast of England. He is the company's primary CEO based out of the UK. MSNBC reports that John Hofmeister, former Shell chairman has remarked that from a PR perspective, it would have been more helpful for BP to have their top level American executives face the press. BP's chief operating officer, Doug Suttles who is American, has come out out of the woodwork, but Hawyard continues to get the spotlight. Eric Rugly from the Globe and Mail, has put it like this: "If there is one thing BP should have done from the onset, it should have been to recruit a high-profile, plain-talking, media-friendly, all-American tough guy to act as the company’s official spokesman." Very true!
Another major BP fail- PR rule #1- Underplay the bad and overplay the good:.On the BP website there is a live video stream active the gushing oil. In some ways this is good, as it indicates that BP is not depreciating the seriousness of the issue- but showcasing this video is taking away from all the good that is being done.
I will definitely be returning to this topic. I hope they can turn things around, time will only tell.
Sunday, May 30, 2010
I am back!!!
Hi Everyone,
Sorry it has been awhile since my last blog entry. A lot of changes have been underway. I am still working with the same advertising agency that I have been with for the last 3 years and am now working from a home office in the heart of Toronto. I love this city! I thought moving from Vancouver would be difficult, but it has actually been quite easy and I have met some really great people here.
I have also been accepted into a Master's program in Professional Communications at Royal Roads University in Victoria BC. This is a program specifically designed for professionals and will completed over the course of 2 years on a part-time basis, so my current job will not be affected. I have been dying to go back to school and it will be great to get some proper training in communications. I am already forseeing my thesis topic which be: Social Media used as a PR tool, or something of the like. This is something that has been captivating me over the past couple years, and I would really like to find out how useful social media actually is, in respect to developing a company's public image and also the effects it has from an internal corporate angle.
Once my courses have been launched, I will publish all my work on this blog, and permitting proper citation is practiced, I will welcome other bloggers, students, professionals, to make use of my results.
More blogging on the way!! Promise :)
Sorry it has been awhile since my last blog entry. A lot of changes have been underway. I am still working with the same advertising agency that I have been with for the last 3 years and am now working from a home office in the heart of Toronto. I love this city! I thought moving from Vancouver would be difficult, but it has actually been quite easy and I have met some really great people here.
I have also been accepted into a Master's program in Professional Communications at Royal Roads University in Victoria BC. This is a program specifically designed for professionals and will completed over the course of 2 years on a part-time basis, so my current job will not be affected. I have been dying to go back to school and it will be great to get some proper training in communications. I am already forseeing my thesis topic which be: Social Media used as a PR tool, or something of the like. This is something that has been captivating me over the past couple years, and I would really like to find out how useful social media actually is, in respect to developing a company's public image and also the effects it has from an internal corporate angle.
Once my courses have been launched, I will publish all my work on this blog, and permitting proper citation is practiced, I will welcome other bloggers, students, professionals, to make use of my results.
More blogging on the way!! Promise :)
Monday, February 15, 2010
The Bread and Butter of Lay Offs- Work With What You Have!
I currently work for an organization that, like many in 2009, had to go through some lay offs. It is an afflicting time for all involved in that process, even including those whom are still sailing within. So, I recently read an article that is the spark behind this blog as the findings were, to say the least: very surprising!
Kevin Stoker and Susan Walton from the Brigham Young University published an article titled: Corporate Compassion in a Time of Downsizing, which is about the positive effects of maintaining relationships with past and current employees via social networking.
The obvious expectations did surface in the research paper,such as how alumni groups help current and past employees feel like they are important to their company, rather than just a number. Seeing compassion from their employers in times of turbulence and change gave individuals a sense of worth. However, the primary focus on this subject, is not the employees per se, but rather the perception of the public. Creating an alumni group via social networking, increases the value and reputation of a company. Social networking makes this impression amenably achieved in the eyes of the media, stakeholders, competitors, etc, simply based on how easy it is to disseminate information online.
To read the full article, click here:
http://www.instituteforpr.org/files/uploads/CorporateCompassionTimeofDownsizing.pdf
Kevin Stoker and Susan Walton from the Brigham Young University published an article titled: Corporate Compassion in a Time of Downsizing, which is about the positive effects of maintaining relationships with past and current employees via social networking.
The obvious expectations did surface in the research paper,such as how alumni groups help current and past employees feel like they are important to their company, rather than just a number. Seeing compassion from their employers in times of turbulence and change gave individuals a sense of worth. However, the primary focus on this subject, is not the employees per se, but rather the perception of the public. Creating an alumni group via social networking, increases the value and reputation of a company. Social networking makes this impression amenably achieved in the eyes of the media, stakeholders, competitors, etc, simply based on how easy it is to disseminate information online.
To read the full article, click here:
http://www.instituteforpr.org/files/uploads/CorporateCompassionTimeofDownsizing.pdf
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