25 Jan
2010
During a recent meeting with Forbes they shared with me a summary of their recent survey of Chief Marketing Officers (embedded below). There are two notable trends here - which Forbes isn't connecting, but I am.
First, social media is seen as the single most promising marketing vehicle amongst all respondents and those who oversee more than $5M in annual spend. Note how social media surpasses other tactics that get a lot of attention - notably mobile applications and search engine marketing.
Second, some 73% of CMOs surveyed oversee PR. I don't have the data, but I imagine this is a new trend. In the past, PR would sit in all kinds of other departments. Now it seems to be more closely aligned with marketing.
Now the Forbes study doesn't say this, but I fundamentally believe that other than placing ads, PR is in the best position to manage a business' social media endeavors. The reason is that engaging in social circles requires an understanding of psychology and also it is an uncontrolled discipline. Both of these play well to the skills of PR practitioners. If I were a CMO controlling $5M in spend with an interest in social media and I oversaw PR, I would connect these dots. I suspect that's what many are doing.
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Comments 10 Comments
For a lot of organizations social media is still a "who can do it" tactic that gets assigned based on expertise rather than department.
My comment addresses a different aspect of this survey than does Steve Rubel's original comment (which I agree with).
Does this survey mean that 73% of corporate PR folk report to marketing? I think not.
I see a danger that this data will be taken to mean that PR (including corporate communications) reports to marketing in 73% of U.S. companies. That would be an over-reach, as I see it, going far beyond what the data says.
Note that this survey does not appear to distinguish between marketing PR and corporate communications. In many companies, corporate communications handles the company-wide communications (executive support, internal, financial and investor, corporate media relations, events management, community relations, corporate philanthropy, issues management, litigation support, etc). and marketing handles marketing PR and promotion (what Page-oriented folk tend to view as the lower-level stuff).
In other words, there is not data here to say that corp com is on a downward trend or an upward trend, one way or the other.
Put another way, what essentially distinguished the various disciplines in the past were the respective vehicles each used to reach a given audience (press release, editorial, ad buy, direct marketing, etc.) but digital and social media are increasingly used across comms, advertising and marketing. That requires coordinated and in some cases new approaches, not simply the same execution methods through a new channel.
I think it's tempting to hand the keys to social media over to PR and no doubt there is business value to be gained there, but I believe smart companies will come to recognize that social media isn't just about Public Relations. It's about internal collaboration, knowledge management, innovation, recruitment and retention, service—and yes, also marketing and PR.
Let's not forget that the very nature of social media is democratic and authentic. It's a a vibrant, dynamic, multi-way conversation that isn't "owned" by anyone, but contributed to and enjoyed by many. Certainly, PR should play an active role, and as the landscape continue to evolve and shift, PR professionals should endeavor to evolve and shift with it—which means embracing social and becoming fluent in it.
But I wouldn't hand over the keys to PR any more than I'd ask my PR team to take over product development or customer service. PR has an important seat at the table, but I don't see PR pros running the ship.
Just my two cents ;).
Steve, I also agree with your perception regarding managing 'uncontrolled disciplines' --I have found it very difficult to teach marketers who are used to 'controled' vehicles to be able to plan for the unexpected in the more dynamic social media space.