Nature and characteristics of corporate communications Nature and characteristics of corporate communications Definitions Corporate communications mix: management, organisational, marketing Principle activities: internal, investor, marketing, public affairs, issues management Communication ethics Legal and regulatory environment definitions • Corporate communication is a management function in a company that handles all efforts to build and maintain a positive image of the company by building effective communication internally (between management and employees and externally [between the company and other parties, such as consumers, investors, media, and government] ). • According to Cees van Riel and Charles Fombrun in Essentials Corporate Communication , corporate communication can be defined as a series of activities that are included in the management and regulation of all internal and external communications aimed at creating a favorable starting point with stakeholders, the place on which the company depends. • Most of the corporate communications are formal in nature. Orders, instructions, information, suggestions, etc. are sent, maintaining formal procedure in a systematic way. If has to pass through several organisational stages. • The importance of corporate communication is to keep messaging consistent to not only your employees but your external audiences. If you forget to communicate with your customers in the same fashion as your employees, your company brand and mission gets lost. corporate communication mix • According to Van Riel, the corporate communication mix consists of management, marketing and organisational communications. - Management communication is between the management level of an organisation and its internal and external audiences. - Marketing communication consists of product advertising, direct mail, personal selling and sponsorship activities. - Organisational communication emanates from specialists in public relations, public affairs, investor relations, environmental communication, corporate advertising and employee communications.