beverlyslis.com beverlyslis.com
Main Page >> About Us >> Add Your Link >> Privacy of Info >> Terms & Conditions >> Add Your Article
Search:   
Add Url
 

Investment & Finance

Property & Agents

Self Help

Children

Lifestyle & Fashion

Food & Recipe

Automotive

News & Media

Health & Hygiene

Travel & Vacation

Politics & Government

Society & Issues

Healthcare & Medicine

Science & Research

Sports

Online & Indoor Games

Internet & Computers

Culture & Art

Music & Entertainment

Careers & Employment

Garden & Home

Education & Reference

Companies & Business

Shopping & Auction

 

Main Page » Companies & Business » PR Services
 

Communications Considerations for IPO Companies

 
Author: Steven Silvers
 

Despite exploding regulatory costs and skeptical investors, the market for initial public offerings seems to be rebounding. A few young companies mulling their own IPOs asked me what communications issues to keep in mind. Here are six considerations:

ONE: Start over-communicating now. You cant be a quiet company that doesn't put out press releases and then suddenly open the flood gates after youre in quiet period. You'll get slammed for hyping your stock.

Establish a routine far in advance of quiet period by issuing announcements about all personnel and operational milestones. This creates the business-as-usual precedent to continue feeding relevant business information into the marketplace during the IPO period. It also creates a historical foundation for potential investors and influencers.

Some companies think you have to go dark during quiet period, when the opposite is true. This is when you show the world how you make money.

TWO: Assume you are being taken literally. A private company can get away with sweeping, over-the-top mission statement hype to build an edgy, noticeable brand persona. But once you go public, those chest-thumpin promises of superior quality, die-for-you service, untouchable ethics and integrity become standards to which you'll be held accountable by shareholders, analysts, news media and class-action lawyers.

THREE: Use stars carefully. IPO companies typically spotlight their star-player founders or CEOs. The problem is that these personalities often disappear sometime after the IPO, causing a crisis in confidence by investors who complain they dont know the board, the management team or how the company will live without the celebrity they thought they bought into.

FOUR: Dont underestimate the internal angst of going (gag) corporate. Being a public company will be a culture shock to managers and employees as the boards focus shifts from boom-boom profits to enhancing long-term shareholder value. The change can be disruptive and demoralizing, especially at a strongly culture-driven company.

FIVE: Manage inevitable distractions. The receptionists zombie-like fixation on Bloomberg.com will remind you that IPOs are a costly operational distraction. People will be preoccupied with strike price, exit strategies and all the family-and-friends they never knew they had.

Whatever you committed to internal communications needs to double now. Maybe triple. Keep employees informed and directed enough to stay focused on the job at hand.

SIX: Hope for the best. Prepare for the worst. Make sure youre ready for any potentially negative contingencies that might influence the IPO including underwriter problems, sudden operational crises, over-hyped market expectations, lost business or sudden loss of a key executive.

And definitely keep an eye on your corporate or employee blogs.

 
 
 

Related Articles

 
Small Business Marketing Solution - Find Customer Commonality
 
MLM Recruiting- Cold Market Prospecting- 5 SCORCHING Opening Phrases
 
HR and Startup Companies: 3 HR Tips for Entrepreneurs
 
Preventive Maintenance - A Key To Profitability In The Food Service Industry!
 
Financial Planners, Make Sure Reporters Comprehend Your Topic
 
IT Consulting: Determining Your Rates as a Start-up
 
Fees -- Is It Time to Reconsider Yours?
 
Managers, Your PR - Sizzle or Fizzle?
 
Think "Business Processes" Not "Departments" - 5 Compelling Reasons
 
Benefits of Bookkeeping Outsourcing Online for Accounting Firms
 
 
 
 
 

The Important Role Of Public Relations

Public relations plays a key role in helping business industries create strong relationships with cu ... - Susan Jan
 

What You Must Know In Order To Succeed In Your Network Marketing Business

The purpose of this article is to explain what people MUST know when they start their network market ... - Roger Loh
 

Public Relations: Toast?

Could be, when unit managers in businesses, non-profits and associations don?t get the really import ... - Robert A. Kelly
 
 

Ten Goal Setting Techniques

Ten reminders or new ideas to help you set and achieve your goals - Paul Archer
 

Media Protocol for Business and Life

Do you ever wonder what the secret is to getting great coverage for your event? When I was a Venue M ... - 123456789
 
 
Main Page >> Privacy of Info >> Terms & Conditions
© 2006-2008 www.beverlyslist.com All Rights Reserved Worldwide.