FINANCIAL PUBLIC RELATIONS By Yushau A. Shuaib

Publications

Home
Foreward by Prof. Jerry Gana
Preface by Senator J. M. Kuye
Introduction
Financial Environment
Public Finance
Financial Institutions
Public Relations Concepts
Financial Public Relations
Marketing Concepts
Advertising and Integrated Communication
In-House and Consultancy
Target Publics
Research in PR
Budgeting in PR
Planning in PR
Regulating Financial Information
Getting Started and PR Unit
Basic Functions
Requirement for Media Event
Annual Events
Publications
Social Responsibility
Information Technology
Reputation Management
Crises Management
Media of FPR
Corporate Identification
Building Brand
Membership of Professional Bodies
Conduct and Ethical Standards
Conclusion
Appendix NIPR Code
Appendix II: IPR Code
Appendix III: PRSA Code
Appendix IV: IPRA Code
BIBLIOGRAPHY
Contributions and Reviews

PUBLICATIONS:

In-house publications are other effective methods of communication. Creating a distinguished style and format provides a unique corporate personality for the organisation.  Such publications, which public relations units handle, include newsletters, bulletin, brochures, annual reports, letter headings, calendars, seasonal cards and even complimentary cards.

 

It is believed that public relations staff have sound editorial judgements for producing corporate publications.

 

The importance of an in-house journal is to fully inform, educate and entertain the organisation’s internal and external publics on its social responsibilities and activities for promoting understanding among its internal and external publics.

 

In-house journals are not intended for profit or commercial reasons, but creation of marketing and publicity strategies.  Selecting a good printer through sampling products earlier produced is a better way of getting quality production.  The Public Relations Unit receives, gathers, edits and writes stories and features of public importance, with pictures of special events, for the publication.  If little fund is available, a newsletter or bulletin could be produced directly from computer print-outs and copies reproduced for circulation. Copies of the publication are distributed to the target audience.  The same goes for handbooks or a brief on the organisation. This may be incorporated in the Annual Statement of Account booklet. The purpose of the in-house publication is to maintain regular contacts with the company’s publics, including the press, who may extract excerpts from the periodicals.

 

Publications have remained the veritable instrument being employed by the Nigeria Deposit Insurance Corporation (NDIC) for public enlightenment. According to Ganiyu Ogunleye, the Chief Executive of the corporation, since its establishment, it has been providing financial information on insured banks to the public. Such information, which hitherto was not articulated, has enabled the public to know the financial conditions of the Nigerian banks. The dissemination of financial information is done through the Annual Report and NDIC Quarterly, which are now regarded by operators and the academia, as veritable sources of information on the banking industry.

 

Seasonal cards are considered as the most affordable medium of exchanging goodwill and fraternity with the public, which is unlike other media, which may be regarded as very expensive to produce. But still, like other special publications for presentation, it is so designed that it projects the name and identity of the organisation in such a way that it becomes admirable and attractive. Seasonal cards, which are beautifully designed and emotionally worded, are produced for distribution during festivities or on special occasions, which may be religious, political or social. For instance, during Sallah and Christmas celebrations, festive cards are recommended for a display of affection. Some organisations go the extra mile of making special copies for placement as adverts in the media to catch the fancy of the general public.

 

While calendars and diaries are produced as presents for the New Year, stickers can also be distributed, to commemorate special occasion, or celebrate the anniversary of the existence of the organisation, as well as introduce its new products.

 

All these are intended at expressing goodwill to loved ones, customers and community leaders and also to improve on the public image perception of the organisation. The time of distribution may also go with special events, picnics, price discounting, product promotion/launch, and trade fair/bonanza.

 

These create conviviality and remain indelible in the minds of the participants and the receivers. This, additionally, is by far another method, which is a measure of social responsibility by the organisation to its teeming publics. In a nutshell, the essence of the publications is for the name of the organisation to be more conspicuous and registered at all times in places where they are displayed.

 

DIRECT MAIL:

Letters to convey messages of congratulations, condolence and sympathy are officially written to create sense of solidarity show love sensitivity and care to others. The public relations officer advises on the need for such and recommends to his Chief Executive for endorsement.  He replies to enquiries and attends to public-spirited programmes on behalf of the organisation.  Preparing and sending seasonal cards and presents too, are to some extent, showcasing the company’s social responsibility.

You may reach the author at yashuaib@yahoo.com or visit another related website: yashuaib.tripod.com/writing