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Business Continuity and Your Stakeholders:
    Who Has a Stake in Our Business?



                     JIMMY TAY
          Co-founder and Managing Partner
                     Tate Anzur

                  13 December 2011
          PR Society of Indonesia Conference
                         Jakarta
Theme:
“The Dynamics of Value-Driven Corporate Communications: Enhancing Strategic Stakeholders
                  Engagement to Safeguard Reputation in the Digital Era”




                                        Topic:
      “Business Continuity and Your Stakeholders: Who Has A Stake In Our Business?”




                “Public Relations for Public Relations”



                                           2
Why?
Public Relations Practitioners have a Credibility
Problem...

The Central Question is:
Credibility Issue with Whom?




                         3
Board of Commissioners / Directors




                4
Board of Commissioners/Directors

                          Garuda Indonesia




                                Merck Indonesia
     SICC Singapore




                      5
“PR in an organisation is what top management says it is”
                                                        Thompson, as cited in Aronoff (1977)




                                     CEO




           CFO         CMO           CTO        CLO               CIO




         Accounts   Advertising      C&B        Legal              IT



                                  PR/Internal
           PR           PR                       PR
                                    Comms




                                      6
Strategic vs Tactical
Who:           BOD or Senior Management

What:          Competent managerial role
                generate value
                Capable of exerting influence and engaged in setting organisational
                 strategies and policies


Bottom Line:   Strategic   
                create and generate long-term desirable outcomes


               Tactical   
                Traditional “arms and legs” activities that impact the short-term and with
                 limited utility value




                                             7
Technician
•   Media relations/publicity
•   Organizing events
•   Writing/editing corporate literature/websites
•   Marketing/product communications
•   Employee communications

                        Arms & Legs

                          Content

                               8
Strategist
•   Counseling senior management
•   Planning
•   Scanning
•   Research


     Strategic input and insights into corporate issues

                Trends , Issues and Policies

                             9
Route to professionalism
                          Accountant                 Lawyer                        Doctor               Pilot         Public Relations
                       (Public Accounting)                                                                              Practitioner
Basic Training        3 years                    4 years                  5 years                2.5 years           3 years

Internship            Available                  6 months of              1 year                 -                   Available
                                                 pupillage
                                                 (“slavery”)
Certification/        • 3 years before           Called to the Bar        Yes                    Yes                 No
Licensing               becoming qualified
                        account (CPA
                        Singapore) from
                        Institute of Certified
                        Public Accountants of
                        Singapore
Next Level            • 3 years from entry-      • Minimum 5              • 5-7 years to         • Captain           • 2 years, Senior
                        level to “Senior           years, Junior            achieve                5,000 hours and     Account Exec
                        Associate”                 Partner                  accreditation as a     1,250 sectors     • 2 years, Manager
                      • 5-6 years to become        (Salaried)               Specialist             (8-12 years)      • 2 years, Senior
                        Manager                  • Equity                                                              Manager
                      • Director                   Partner                                                           • 2 years, Director
                      • Partner (License from
                        ACRA)
Continuing Training   Mandatory                  In the pipeline          Mandatory              Mandatory           No



                                                                     10
Are you sure PR is for you?




             11
We need to change
•   Strategist first, communicator second
•   Results not content
•   Anticipate not react
•   Multi-disciplinary approach not communication for the
    sake of communication




                             12
Changes needed
• Equipped with knowledge on communication excellence
  + strategic and operational management
       1. Academically trained in PR
       2. Supplemented with know-how in finance, operations
          and management (“business of the business”)
•   Professional accreditation
        Recognition as a seasoned practitioner




                              13
THANK YOU!

Questions?




    14

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PRSI Int PR Conf 2011 Day 1 - Who has a stake in our business by Jimmy Tay

  • 1. Business Continuity and Your Stakeholders: Who Has a Stake in Our Business? JIMMY TAY Co-founder and Managing Partner Tate Anzur 13 December 2011 PR Society of Indonesia Conference Jakarta
  • 2. Theme: “The Dynamics of Value-Driven Corporate Communications: Enhancing Strategic Stakeholders Engagement to Safeguard Reputation in the Digital Era” Topic: “Business Continuity and Your Stakeholders: Who Has A Stake In Our Business?” “Public Relations for Public Relations” 2
  • 3. Why? Public Relations Practitioners have a Credibility Problem... The Central Question is: Credibility Issue with Whom? 3
  • 4. Board of Commissioners / Directors 4
  • 5. Board of Commissioners/Directors Garuda Indonesia Merck Indonesia SICC Singapore 5
  • 6. “PR in an organisation is what top management says it is” Thompson, as cited in Aronoff (1977) CEO CFO CMO CTO CLO CIO Accounts Advertising C&B Legal IT PR/Internal PR PR PR Comms 6
  • 7. Strategic vs Tactical Who: BOD or Senior Management What: Competent managerial role  generate value  Capable of exerting influence and engaged in setting organisational strategies and policies Bottom Line: Strategic   create and generate long-term desirable outcomes Tactical   Traditional “arms and legs” activities that impact the short-term and with limited utility value 7
  • 8. Technician • Media relations/publicity • Organizing events • Writing/editing corporate literature/websites • Marketing/product communications • Employee communications Arms & Legs Content 8
  • 9. Strategist • Counseling senior management • Planning • Scanning • Research Strategic input and insights into corporate issues Trends , Issues and Policies 9
  • 10. Route to professionalism Accountant Lawyer Doctor Pilot Public Relations (Public Accounting) Practitioner Basic Training 3 years 4 years 5 years 2.5 years 3 years Internship Available 6 months of 1 year - Available pupillage (“slavery”) Certification/ • 3 years before Called to the Bar Yes Yes No Licensing becoming qualified account (CPA Singapore) from Institute of Certified Public Accountants of Singapore Next Level • 3 years from entry- • Minimum 5 • 5-7 years to • Captain • 2 years, Senior level to “Senior years, Junior achieve 5,000 hours and Account Exec Associate” Partner accreditation as a 1,250 sectors • 2 years, Manager • 5-6 years to become (Salaried) Specialist (8-12 years) • 2 years, Senior Manager • Equity Manager • Director Partner • 2 years, Director • Partner (License from ACRA) Continuing Training Mandatory In the pipeline Mandatory Mandatory No 10
  • 11. Are you sure PR is for you? 11
  • 12. We need to change • Strategist first, communicator second • Results not content • Anticipate not react • Multi-disciplinary approach not communication for the sake of communication 12
  • 13. Changes needed • Equipped with knowledge on communication excellence + strategic and operational management 1. Academically trained in PR 2. Supplemented with know-how in finance, operations and management (“business of the business”) • Professional accreditation  Recognition as a seasoned practitioner 13