November 12, 2020
/ by Sarah Parker
In our latest Take 5 Live we sat down with Gideon Fidelzeid, Managing Editor of PRWeek, for a sneak peek at the 2020 Comms Report (which you can read in full here!).
You can watch the full conversation on LinkedIn, or catch up with the series on our dedicated page.
We highlighted some key takeaways from the report- now in its fourth year- and we hope you also take the time to read the full report and join us for a more in-depth discussion on the 19th at 1pm CT with experts from PRWeek, General Mills and Hill+Knowlton Strategies!
Comms is really establishing their seat at the table, especially after COVID-19. And not only that, they're getting closer to getting that right-hand; CEOs are understanding that this is who they need to talk to in making any major business decision.
In a crisis situation, that multiplies exponentially. Right now everyone around the world is dealing with multiple crises: COVID-19, racial inequity, the economy, etc. And comms can help clarify and communicate brand values and more across all of it.
One of the big things to come out of the 2020 Comms Report is the need for messaging for diverse audiences and that connects back to a bigger challenge for the industry that 2020 has really brought to light: Tackling diversity, equity and inclusion in a way that's authentic and transparent.
Incremental progress has been made but it hasn't been enough. If you really want to make progress on this front you have to measure it. You have to make your approach measurable. Intentions might be good, but it's not just something that's "nice to have". Your audience is diverse so your staff should be too, all the way up to senior levels.
Each year we've asked respondents to indicate how much of their annual budget went to measuring/monitoring/understanding the impact of their comms program. In 2017, 22% of U.S. respondents said 10% or more of their budget went to this— a reasonable amount. This year in 2020, 31.3% of U.S. respondents said 10% or more.
That's a pretty decent jump in just three years and it's meaningful to the measurement discipline.
PRWeek and Cision's fourth annual Comms Report reveals the old and new obstacles the PR industry is facing, and how once more PR is rising to the challenge while proving its worth to the C-suite and on the bottom line:
Download the 2020 Comms Report from Cision and PRWeek here! And register for our in-depth discussion on the 19th at 1pm CT: 2020 Comms Report: New Reality, New Opportunity.
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