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@DanTisch #WPRF2018
#ElevatePR
The elevation of public relations in the age of fake news
Daniel Tisch, APR, FCPRS
Oslo, Norway, 23 April 2018
Copyright Daniel P. Tisch, 2018
On the program today
#FakeNews:
The contagion
The seven
megatrends
changing
news & PR
The implications:
PR’s possible
future
The dialogue
@DanTisch #WPRF2018
Why does fake news flourish?
Here’s a clue.
“I feel like, it’s all just propaganda, you know what I mean,
it’s hard for me to believe anything the media tells me,” said
Nathaniel Trumper, who cast a vote for Mr. [Greg] Gianforte
at a polling station in Helena [Montana].
- Reuters, May 26, 2017
@DanTisch #WPRF2018
The seven megatrends
changing news … and PR
@DanTisch #WPRF2018
#1: The rising business value of reputation
10
The value of the most reputable companies drops less in a crisis, they are more profitable, and they grow more quickly
RepTrak™ is a registered trademark of Reputation Institute. Copyright © 2013 Reputation Institute. All rights reserved.
Source: Reputation Institute. Based on daily stock values for Top 10 companies in US RepTrak™ Pulse rankings & S&P 500 Index values.
All Index Values show a percentage change from January 1, 2006.
2006 2007 2008 2009 2010 2011 2012 2013 2013
0
50
100
150
200
250
300
S&P Index Top 10 Most Highly Reputed Companies
Index of Most Reputable Companies
S&P 500
@DanTisch #WPRF2018
Question: Which type of crisis
had the largest impact on the
share price on day one?
BEHAVIOUR
(more than 50% drop)
The cost of a crisis
Types of
crisesInformation Behaviour
Corporate
Operation
Freshfields Bruckhaus Deringer (2012). Knowing the risks, protecting your business: Crisis management. Accessed online:
http://www.freshfields.com/uploadedFiles/SiteWide/News_Room/Insight/Campaigns/Crisis_management/Knowing the risks
interactive.pdf.PDF.
@DanTisch #WPRF2018
#2: The empowered audience
Content is…
Graphic credit: Frank Delmelle
#3
#4: Many speak
Few listen
#5: Disintermediation, fake news &
the decline of journalism
#6: A gap in opportunity – and trust
@DanTisch #WPRF2018
Why does fake news thrive?
High stakes
Low trust
Empowered audiences
Diminished journalism
Too much content
Too little listening
#7: AI comes to news – and PR
Largest PR firm in the world: 5,850 employees
Revenue per employee: $146,153
Facebook employees: 25,105
Facebook’s revenue per employee: $1,619,319
[Alastair McCapra (CIPR, UK)]
The implications for PR
PR’s future: Relationships > content
@DanTisch #WPRF2018
The CEO’s pain point isn’t content.
The CEO’s pain point is trust –
earned through relationships.
Trust = values + actions
Marketing can convey values, but it can’t build trust.
@DanTisch #WPRF2018
Brands that take stands:
Values frame choices
Content is king?
Actually, relationships are royalty.
The C-suite is open to PR…
Source: Global Communications
Report, 2016.
@DanTisch #WPRF2018
Perceivedbottom-lineimpact…but getting there means different thinking
Need to do: Others do it
Nobody does it Nice to do: We do it
Need to do: We do it
Seen as core competence of PR
Crisis communications
Media
relations
Public affairs
Risk management
Employer branding
Reputation/stakeholder management
Major
announcements
Social media
CEO vision
Marketing PR
Corporate reporting
@DanTisch #WPRF2018
Diversity, equity & inclusion
“We must seek to become not leaders of
PR in organizations, but leaders of
organizations who come from PR.
To convince the CEO, we must first
convince ourselves.”
-- Guy Versailles, Montreal
@DanTisch #WPRF2018
PR must transform organizational listening
PR must transform organizational listening
@DanTisch #WPRF2018
When you have listening, relationships & trust,
risks get smaller, and opportunities larger.
The most innovative organizations
COLLABORATE
3x as often than the least
innovative ones
PwC, 2014
PR must lead collaboration
Communication
Stakeholder
& gov’t
relations
HR
Reg.
affairs
Legal
Public
affairs
Operations
@DanTisch #WPRF2018
PR must be driven by data & insight
@DanTisch #WPRF2018
As technology gives us more data about our
publics’ behaviour, PR must be there to act on it.
Kevin McCann
PR will have better strategists, better analysts
(but fewer technicians)
Align
communication
with purpose &
values
Identify &
address comms
problems
proactively
Conduct
research to
underpin
communication
Communication
across full range
of platforms
Facilitate
relationships,
build trust
Build/enhance
reputation
Provide
contextual
intelligence
Be a trusted
advisor
Offer
organizational
leadership
Ethics in line
with societal
expectations
Professional
learning: self &
others
@DanTisch #WPRF2018
Source: Global Alliance, The Global Capabilities Project
Marketing becomes more like PR
Source: Global
Communication
Report, 2017
@DanTisch #WPRF2018
Marketing becomes more like PR
@DanTisch #WPRF2018
Source: Global
Communication
Report, 2017
Public relations
is the new
marketing.
But marketing
should not
lead PR.
Elevation
means
evolution
@DanTisch #WPRF2018
‘We’ll let you know if we need PR this year.’
Some organizations think:
“We’ll worry about PR
when we have an announcement…
or a crisis.”
But the smart ones think:
“We need a strategy to strengthen
the relationships that drive our
economic success.”
‘Cause we’re in a battle.
And the stakes are high.
Because organizations need public relationships.
Because communication builds empathy,
understanding, respect and trust.
Because the world needs people who practise
communication with ethics and standards.
Because communication is a business imperative –
and a social good.
@DanTisch #WPRF2018
The treatment for #fakenews?
Ethical, professional PR.
@DanTisch #WRPF2018
Thank you!
@DanTisch
@ArgylePR
#WPRF2018

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Daniel Tisch - The Future of PR

  • 1. @DanTisch #WPRF2018 #ElevatePR The elevation of public relations in the age of fake news Daniel Tisch, APR, FCPRS Oslo, Norway, 23 April 2018 Copyright Daniel P. Tisch, 2018
  • 2. On the program today #FakeNews: The contagion The seven megatrends changing news & PR The implications: PR’s possible future The dialogue @DanTisch #WPRF2018
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. Why does fake news flourish? Here’s a clue. “I feel like, it’s all just propaganda, you know what I mean, it’s hard for me to believe anything the media tells me,” said Nathaniel Trumper, who cast a vote for Mr. [Greg] Gianforte at a polling station in Helena [Montana]. - Reuters, May 26, 2017 @DanTisch #WPRF2018
  • 9. The seven megatrends changing news … and PR @DanTisch #WPRF2018
  • 10. #1: The rising business value of reputation 10 The value of the most reputable companies drops less in a crisis, they are more profitable, and they grow more quickly RepTrak™ is a registered trademark of Reputation Institute. Copyright © 2013 Reputation Institute. All rights reserved. Source: Reputation Institute. Based on daily stock values for Top 10 companies in US RepTrak™ Pulse rankings & S&P 500 Index values. All Index Values show a percentage change from January 1, 2006. 2006 2007 2008 2009 2010 2011 2012 2013 2013 0 50 100 150 200 250 300 S&P Index Top 10 Most Highly Reputed Companies Index of Most Reputable Companies S&P 500 @DanTisch #WPRF2018
  • 11. Question: Which type of crisis had the largest impact on the share price on day one? BEHAVIOUR (more than 50% drop) The cost of a crisis Types of crisesInformation Behaviour Corporate Operation Freshfields Bruckhaus Deringer (2012). Knowing the risks, protecting your business: Crisis management. Accessed online: http://www.freshfields.com/uploadedFiles/SiteWide/News_Room/Insight/Campaigns/Crisis_management/Knowing the risks interactive.pdf.PDF. @DanTisch #WPRF2018
  • 12.
  • 13. #2: The empowered audience
  • 15. Graphic credit: Frank Delmelle #3
  • 17. #5: Disintermediation, fake news & the decline of journalism
  • 18. #6: A gap in opportunity – and trust @DanTisch #WPRF2018
  • 19. Why does fake news thrive? High stakes Low trust Empowered audiences Diminished journalism Too much content Too little listening
  • 20. #7: AI comes to news – and PR Largest PR firm in the world: 5,850 employees Revenue per employee: $146,153 Facebook employees: 25,105 Facebook’s revenue per employee: $1,619,319 [Alastair McCapra (CIPR, UK)]
  • 21.
  • 23. PR’s future: Relationships > content @DanTisch #WPRF2018
  • 24.
  • 25. The CEO’s pain point isn’t content. The CEO’s pain point is trust – earned through relationships.
  • 26. Trust = values + actions Marketing can convey values, but it can’t build trust. @DanTisch #WPRF2018
  • 27. Brands that take stands: Values frame choices
  • 28. Content is king? Actually, relationships are royalty.
  • 29. The C-suite is open to PR… Source: Global Communications Report, 2016. @DanTisch #WPRF2018
  • 30. Perceivedbottom-lineimpact…but getting there means different thinking Need to do: Others do it Nobody does it Nice to do: We do it Need to do: We do it Seen as core competence of PR Crisis communications Media relations Public affairs Risk management Employer branding Reputation/stakeholder management Major announcements Social media CEO vision Marketing PR Corporate reporting @DanTisch #WPRF2018 Diversity, equity & inclusion
  • 31. “We must seek to become not leaders of PR in organizations, but leaders of organizations who come from PR. To convince the CEO, we must first convince ourselves.” -- Guy Versailles, Montreal @DanTisch #WPRF2018
  • 32. PR must transform organizational listening
  • 33. PR must transform organizational listening @DanTisch #WPRF2018
  • 34. When you have listening, relationships & trust, risks get smaller, and opportunities larger. The most innovative organizations COLLABORATE 3x as often than the least innovative ones PwC, 2014
  • 35. PR must lead collaboration Communication Stakeholder & gov’t relations HR Reg. affairs Legal Public affairs Operations @DanTisch #WPRF2018
  • 36. PR must be driven by data & insight @DanTisch #WPRF2018 As technology gives us more data about our publics’ behaviour, PR must be there to act on it. Kevin McCann
  • 37. PR will have better strategists, better analysts (but fewer technicians) Align communication with purpose & values Identify & address comms problems proactively Conduct research to underpin communication Communication across full range of platforms Facilitate relationships, build trust Build/enhance reputation Provide contextual intelligence Be a trusted advisor Offer organizational leadership Ethics in line with societal expectations Professional learning: self & others @DanTisch #WPRF2018 Source: Global Alliance, The Global Capabilities Project
  • 38. Marketing becomes more like PR Source: Global Communication Report, 2017 @DanTisch #WPRF2018
  • 39. Marketing becomes more like PR @DanTisch #WPRF2018 Source: Global Communication Report, 2017
  • 40. Public relations is the new marketing.
  • 43.
  • 44. ‘We’ll let you know if we need PR this year.’
  • 45. Some organizations think: “We’ll worry about PR when we have an announcement… or a crisis.”
  • 46. But the smart ones think: “We need a strategy to strengthen the relationships that drive our economic success.”
  • 47. ‘Cause we’re in a battle. And the stakes are high.
  • 48. Because organizations need public relationships. Because communication builds empathy, understanding, respect and trust. Because the world needs people who practise communication with ethics and standards. Because communication is a business imperative – and a social good. @DanTisch #WPRF2018
  • 49. The treatment for #fakenews? Ethical, professional PR. @DanTisch #WRPF2018