Thought Bubble
Recent studies indicate that the average life expectancy of firms in the S&P 500 is only 15 years. It is also well documented that most small businesses fail in the first five years in operation. So it’s fair to say that if an organization makes it past these milestones, it means something – and presents the perfect opportunity to share with key stakeholders and the media how and why a company has thrived, and the scope of its broader impact. In celebration of CooperKatz’s own 17th anniversary in May of this year, we thought we’d take a moment to reflect on the advantages of developing an anniversary program and revisit some of our favorite client campaigns.
Meredith muses about embracing new social channels like Pinterest and asks - what do you do throughout the day to keep up with clients and understand their business better?
As I was conducting my daily ritual of reading The New York Times yesterday morning, I stumbled across an Op-Ed piece that got me thinking – and it’s clear that I wasn’t the only one.
The letter, or rather, the treatise, has already garnered significant attention. “Why I Am Leaving Goldman Sachs” was written by a seasoned Goldman executive who had risen through the ranks of the firm for over a decade. The reasons for (and particularly the method of) his departure may seem over-dramatic or inconsequential to some. Yet they are – or rather, should be – an important reminder that it’s not just all about the work that we do (whether as investment bankers, PR professionals, or as hairdressers or massage therapists) but also the context in which we do it – and attitudes of those around us.
In public relations and marketing, the use of third-party spokespeople – and more specifically celebrity spokespeople – has become commonplace. Whether it's Michael Phelps for Subway or Kim Kardashian for Sketchers, brands make significant investments in celebrity endorsements with the hope that their buy-in on a product or service will equal the buy-in of millions or even billions of consumers in the U.S. and around the world.
As you may have seen in recent news coverage, it was revealed that Food Network celebrity chef Paula Deen has been battling Type 2 diabetes since 2008. On the heels of this revelation, she and her two sons were announced as the new spokespeople for pharmaceutical company Novo Nordisk's diabetes treatment Victoza.
If you're familiar with Mrs. Deen's cooking shows, you know her food is quintessential southern-style cooking – and there is nothing low fat about it. As a born and raised Georgia girl myself, I can appreciate the deliciousness of a good 'ole fashion southern meal. However, the issue that many people have with this is clear. Deen is now getting paid a substantial amount of money to be the spokesperson for a diabetes medication, yet has been promoting unhealthy eating habits that are proven to contribute to this disease for her nearly 25-year-long career.
I admit – I still feel like the new kid at work. But I can’t say I expected to feel quite different with just a few months of experience in the public relations industry. I am relatively new to the PR world. And I still have a lot to learn.
When I graduated last May, I viewed my public relations degree as an impressive accomplishment, the culmination of four years of hard work paying off. Finally, I reached the finish line!
Now, after a few months in the workplace, I realize that my education isn’t over; it’s really just beginning. My degree has proven to be my ticket to learn even more. Read on to see the three significant lessons I’ve learned since joining the CK team in September.