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Home > Blogs > The Cycle
The Cycle

Join in the measurement discussion

Posted January 30, 2009

Based on conversations I’ve had with a number of people in the industry, measurement (and measurement during this recessionary economy) is a hot topic. Join me and PR executives from SAP, FedEx, and Weber Shandwick on February 17 where we’ll be discussing this topic via Webcast. Details are below, including a link to register:

Measurement in an uncertain economy

Historically, PR measurement was one of the first things to go when organizations cut budgets. But smart PR client-side professionals are making the compelling case to their bosses that measurement is even more important during times of uncertainty. These PR professionals will discuss the cases they make for measurement, how it impacts the bottom line, and will show the audience how to answer questions that might come from their clients or the C-suite.

Date: Tuesday, February 17, 2009
Time: 1pm est/10am pst

Featured speakers:
Saswato Das, director, global communications, SAP AG
Bill Margaritis, SVP of worldwide communications and IR, FedEx
Tim Marklein, executive VP, measurement & strategy, Weber Shandwick

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Filed under: Announcements, Events, Journalism 2.0, Measurement/Monitoring, PRWeek

Tags:FedEx, measurement, PRWeek, recession, SAP, Webcast, Weber Shandwick

Sign of the times

Posted December 19, 2008

Josh Morgan, principal at Morgan/Dorado PR, says he’s seen a spike in his agency’s “quick call retainer” program. The somewhat controversial program offers clients 10 hours of PR counsel a month for $750/month. If the client then wants services beyond counsel, the firm initiates regular billing.

“This allows us to keep up on what they’re doing and provide relevant counsel without a huge dollar commitment that a lot of companies are a bit fearful to make right now,” Morgan said.

The program started about two years ago and mainly targeted pre-revenue and pre-investor startups, but the recession has changed that. Morgan says now more mature companies are interested in the program.

Read more »

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Filed under: Agency-client relationship

Tags:Josh Morgan, Morgan/Dorado PR, recession

Cuts, bonuses, and recession

Posted November 20, 2008

I got an e-mail the other day from Rick Gould, managing partner at consulting firm StevensGouldPincus with a few pieces of advice for firm leaders who are trying to make their way through this devastating economy. The words in the headline showed up most in the e-mail he sent, as in:

Cut wherever possible. No more temps, non-essential travel and entertainment, or freelancers. Layoffs may even be necessary. (Gould also recommends a hiring freeze.) And management should cut take pay cuts.

Give staff bonuses only when the tough times have passed as a reward for all the extra work everyone has to do right now. Lower-level account and administrative staff should be the only ones privy to extra pay right now.

Meet the challenges of the recession mano a mano and take heed of the lessons from the 2001 recession.

“So PR Pros should not complain, just roll up their sleeves and do what is needed to get through this and still maintain respectable profitability of at least 15% and hopefully 20%, which was the average of firms for last year,” Gould says.

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Filed under: Financial/IR

Tags:recession, Rick Gould, StevensPincusGould

Seasons of other things

Posted February 12, 2008

We’re starting to hear louder rumors of layoffs and hiring freezes in anticipation of a potential economic downturn. If you have any heard any news of such things, or, conversely, are at an agency that is still planning to grow, let us know at .

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Filed under: Corporate Communications, Financial/IR

Tags:hiring freezes, layoffs, recession

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For both journalists and communicators, the news cycle never ends. At The Cycle, PRWeek’s editorial team offers commentary and viewpoints on how the latest marketing, business, political, and cultural news impact the PR industry.

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