preview

Position Paper: Corporate Affairs vs Corporate Marketing

Decent Essays

Table of Contents

WHAT IS CORPORATE MARKETING? 3
Key Questions and Key Constructs for the Corporate Marketing Function 4

WHAT IS CORPORATE AFFAIRS? 5
Internal Communications 6
External Communications 6
Investor Relations 6
Events Coordination 6
The work of Corporate Affairs in a retail organization 7

THE REALMS OF CORPORATE IDENTITY, BRANDING AND MARKETING 8

SUMMARY 9

RECOMMENDATION 9

________________________________________
WHAT IS CORPORATE MARKETING?

“Corporate marketing is the marketing of corporations, government entities, non-profit organizations and so forth. It includes efforts such as corporate branding and corporate communications.

Professionals in corporate marketing use a variety of media. …show more content…

This is achieved through having an in-depth understanding of the group 's needs and perspectives and effectively managing the relationship through communication.

An important function for the corporate affairs professional is to read the signs of the times correctly and think in terms of change. In so doing they study future trends which affect the interests of the company and advise how to make choices in the present which will create future benefits for the company.

The responsibilities of corporate affairs professionals include researching communication needs, addressing attitudes, determining shifts in attitudes, recommending policies and initiatives and then measuring the effectiveness of these initiatives. Through monitoring the issues and tracking the changes they are in a position to report on potential or real change and provide suggestions on how to deal with the change.

Corporate Affairs, therefore, manages communication with a range of audiences including: Community, Government, Media, Employees and Investors. Their role may include managing crises, introducing new products, negotiating prices, managing media placement, writing the company newsletter and updating the investment community on the R&D pipeline.

Corporate Affairs professionals focus on proactive and meaningful relations with the Community, Government, Media, Employees and Investors and any other groups that can potentially impact on their organization 's ability to

Get Access