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Jun 7, 2023 · Corporate affairs, also known as corporate communication or public affairs, is the dynamic function that sparks connections and maintains relationships with various stakeholders including the ...
Influence at the top: The expanding role of the corporate affairs leader. Disruptive change has engulfed the world and gathered pace in recent decades. Rapid digital and technological advances have driven greater access to information and interconnectivity, and social media has given people a public forum to express their opinions, including ...
- A Rising Role For Stakeholder Engagement—And The Business Value at Stake
- The Struggle to Succeed
- The Capabilities That Drive Success
- Looking Ahead
After several years of surveys on engaging external stakeholders, respondents now say the topic is a higher priority than ever before for their companies’ leaders (Exhibit 1). External affairs now ranks as a top or top three priority for more than half of CEOs, and boards also are paying more attention than they have in past years. When asked about...
Despite the growing focus on external relations and the recognition of the value at stake, responses suggest that success is rare. Only 11 percent of executives say their companies frequently succeed at shaping government and regulatory decisions, and there are no regions or industries where more than one in five respondents report success. Managin...
While success in external affairs is rare, it’s not impossible—and it depends on more than just active engagement. We looked at 27 specific external-affairs capabilities in an effort to understand exactly how and where the most successful organizations are excelling. Executives at these organizations are more likely than other respondents to report...
Take an analytical approach.Most survey respondents expect that governments and regulators will grow more involved in their industries over time—and that there are real implications for company val...Reimagine the organization.To succeed in external affairs, organizations need the right structure and people to support it. For many companies, this requires a rethinking of the function’s setup, s...People also ask
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Today, Corporate Affairs (CA) is a critical management function for organisations, their leaders and Boards providing insight, influence and advice on both creating the conditions for growth and how best to navigate fast moving social and economic changes.
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Dec 9, 2021 · Evolved corporate affairs skills encompass internal communications and external communications, covering every aspect of the business, and directed to all stakeholders. This includes employees, the board, investors, customers, suppliers, the wider community and the media. Its tangible tasks include PR, government, investor, community and ...
Mar 27, 2022 · The corporate affairs manager helps a corporation navigate major transitions and forge its public image. This means that the role must always have an eye on changing government relations, sales projections, marketing initiatives, external stakeholder engagement, and company morale. When a top executive like the CEO or COO debates a company’s ...
Redefining the role, releasing the potential. A survey of leading UK Corporate Affairs Directors discussing their roles, teams and futures. 3 ODGERS BERNDTSON CORPORATE AFFAIRS PRACTICE 2 3 ODGERS BERNDTSON CORPORATE AFFAIRS PRACTICE Of all the corporate functions, Corporate Affairs continues to be the most subject to change.
