Every global communications consultancy touts collaboration. Of course they do. If a prospective client is going to engage with a PR firm for support across multiple markets, it expects the account team members to play nice with each other regardless of location. PR consultancies have nailed this message. The reality is most PR agencies aren’t …more
OK, it’s more than a few. This question came my way last week: Here goes. I moved to Silicon Valley in 1981 two years out of college. You’ve heard the saying, “It’s better to be lucky than good?” I was lucky in the sense that I moved to Silicon Valley because of the vibrant culture, …more
Most of those in the over-50 crowd remember a movie called “Wall Street.” The main character is played by Michael Douglas, and he exclaims what became a famous line back then in describing the attitude of those in finance, “Greed is good.” If Hollywood were to create a movie called “PR Street” with Michael Douglas, …more
The idea of pulling from multiple marketing services agencies to create a single team to serve a large client isn’t a new idea. This is one of the more effective ways that the large holding companies throw around their weight. Omnicom used this model to win the McDonald’s ad business last year. WPP won the …more
The four-word stacked headline appeared in the print version of The Wall Street Journal last Wednesday: WPP’s Sorrell Faces Probe The online headline went for the jugular, “WPP Is Looking at CEO Martin Sorrell’s Possible Misuse of Assets and Allegations of Improper Behavior.” Before digging in, let’s get the disclosure out of the way. I …more
The two agencies pen literally thousands of news releases for their clients each year, many addressing M&A. How tough can it be to apply this expertise to their own announcement? Of course, what the news release states doesn’t necessarily align with reality. As a public service, I’ve addressed the news release distributed over Business Wire …more
