27 Jan 2011

Should Media Relations be combined with Investor Relations?

Should Media Relations be combined with Investor Relations?

Investment relations (IR) is the amalgamation of communications, building relationships and guiding management in taking the final decision. Essentially it is a strategic responsibility to enable effective communication between the company, financial community and the public which finally contributes to company’s securities achieving fair valuation. Usually an IR department or person reports to the Chief Financial Officer (CFO) or the treasurer. In some organizations, IR is managed by public relations or corporate communications department and is called “financial public relations” or “financial communications”.

The investor relations deal with handling inquiries from shareholders, investors, or anyone interested in company’s stock or financial statements. The IR also has a vital role in crises management such as changes in management, industrial damage etc. Investor relations has the responsibility of managing perceptions of the investors and deals with any information about the company that may affect the stock price or earnings of the company. It is important for the company to attract the investors because they are the only source of capital for the company and increased investor interest leads to increase in the stock price of the company.

An IR department is the only department which has interaction with the stock market. Earnings releases, earnings forecasts, annual and quarterly reports and most press releases, are all part of investor relations and the responsibility of the investor relations officer or department. Previously IR used to just focus on release of financial information but now the trend has changed and almost everything issued by the company is the responsibility of the IR department. This change is partly due to increased regulatory requirement and also because it’s been seen that whatever the company does or would eventually do, will affect the profits or the stock price of the company.

On the other hand, Media relations (MR) refers to working with media in order to disseminate information to the public about an organization’s mission, policies, practices etc. in a credible manner. Working with media on behalf of an organization helps the company to create awareness amongst chosen set of audiences, both small and large set of audiences. Media also encourages two way communications.The relationship between an organization and news media is very crucial as the story pitched to the media is under their control totally and the journalists will publish the stories which interest their audiences. Media relations services include: Financial and business media, trade media programs, market commentary, online media programs, regional media programs etc.

Looking at these two separate functions (IR and MR) from the purview of them being the subsets of the concept of Public Relations (PR), while there are spaces of commonalities between the two, there are also exist differences.

In terms of the common touch points, both investor and media relations deal with the influencer community that includes the likes of financial/equity analysts, industry analysts, journalists, bloggers etc. Further, both investor and media relations use the same flavour of information to showcase to the influencer community, there are key differences in how this information is served to the two different sets of audience. While the IR department predominantly uses financial data points and strategy to engage with equity analysts and other similar end-users, the Media Relations uses company and product strategy to influence journalists, bloggers, etc.

Further, a revolution is taking place in how organizations are communicating with their audience using social media platforms. While Media Relations has for long pioneered the use of social media to communicate with its respective set of influencer community, the investor relations officers are also actively making use of these tools to enable a two-way communication between the company, the financial community, and other constituents.

In conclusion, while in theory its near-ideal to combine the two PR functions discussed above, there are differences between them that deem organizations to treat them as two separate entities. Maintaining them as separate groups, PR heads can look at using innovative ways of sharing resources within these teams – while this will help curb costs, it’ll also save the team the effort and time taken to train two separate resources on nearly the same aspects of the business.

Many organizations today have successfully adopted this model and are investing in a common pool of resources that function as the backbone to the different PR functions. Clearly, impetus is on maximizing utilization of resources with standardized skills coupled with specialists leading each of the separate units within the PR department.

The article was first published on ancitasatija.blogspot.com



Ancita always came across as an eager learner and willing to go the extra mile. She's got good language and social media skills and uses these to her advantage. She was also dependable and I believe she would be a good asset in any organization. I wish her well for the future.

Rony Thomas, Head of Communications, Amazon


Ankita supported us in connecting with the CMO community on social media in India - she is knowledgeable, articulate, prompt and superbly organized. She is fast to learn and agile to create business impact, which distinguishes her in the projects she works on.

Rajesh Kumar Jindal, Vice President, Head of Marketing, SAP


Although Ancita was part of the PR team, she gradually started taking interest in digital communication which I believe is an apt field for her. She effectively used her communication skills learnt in PR to deliver results in digital media which is a much needed talent in the industry. We worked together on google maps and on a project called PMOAppContest chat where Ancita ably demonstrated her creative and storytelling skills. She defined the flow of the chat and was a key campaign owner. The initiative was a huge success in India. Ancita is committed, disciplined and a diligent person and I am sure she is a great asset to her team and her organization.

Abhilasha Padhy, Communications Manager, Google


Ancita is a Star performer at Six Degrees. She takes initiative and has a ‘To Do’ attitude. This has reflected in her taking up the onus of focusing her skills on Digital within the firm during the last one year and even on her own through an initiative like the SocialPowWow. She has a strong understanding of developing engaging content for audiences to increase relevance for brands. We believe that she has great potential to develop as an integrated communications professional.

Rishi Seth, Group CEO, Cohn & Wolfe Six Degrees


PR professional, blogger, digital enthusiast. Driven, hardworking and result oriented, Ankita is always game to take up new challenges. Energetic and efficient, trust her to get things done. With keen interest in digital marketing she has been involved in various integrated comms campaigns and delivered successfully.

Cijo Mathew, General Manager, 20:20 MSL


Ancita is one of the most dependable people I have ever come across. She is diligent, attentive and sharp which makes her a great asset for the team as well as clients. Within few years in PR, Ancita managed to build great media relations and helped her team crack some of the best stories. She is a great team player

Priyank Dubey, Communications Lead, ESPN


Ancita and I have been working closely for 4 years now & it has been an inspiring journey thus far. It has been amazing to see her transformation from an curious social media learner to a professional digital media expert. Her knack for the understanding the digital landscape is special. While she certainly is an expert in various aspects of digital marketing but her initiative "SocialPowWow" has been really impressive. Today it's one of the most popular Twitter chats in India. She is great human being, hard worker & thinker. Her infectious smile can be an asset in any work environment. Wishing her all the success in any endeavours she chooses for herself.

Nitin Bhatia, Managing Director, Meltwater


A dedicated, smart and media savvy publicist. Her sound understanding about the real estate business and clarity of thought makes her a go-to person for all communication queries. Strong command over english language and a collaborative team player makes her a best fit for a challenging role. I highly recommend her for a profile that requires a go-getter, passionate, dedicated, knowledgeable and intelligent person.

Nikhil Savio Gutal, Deputy Manager, Marketing & Communication, Cushman & Wakefield


Ankita was one of the most diligent and hardworking students in our batch. There's a lot to learn from her, esp. her sense of punctuality, sincerity and work efficiency. It really was a lot of fun being together in the same class during our post graduation programme. I wish her good luck for all her future endeavours.

Sayani Bagchi, Area Sales Manager, Britannia Industries Limited


Ancita is an extremely dedicated resource and a great value add for an organization. Her attention to detail, intelligence and proactive approach has always delighted the people she works with and the clients she services. Ancita is absolutely great with digital media and gives creative, yet practical ideas. I wish her all the best for future!

Shreya Sabharwal, Vice President, Ernst & Young


Ancita has been a valued colleague at Six Degrees. She's focused and dedicated at work and brings in fresh thinking and approaches to mandates that she's entrusted with. Equally importantly she's a stickler for details and micro-manages things till the work gets done!

Rahul Mishra, General Manager, Cohn & Wolfe India


Ancita is a thorough professional who is particular about deadlines and quality of work. You can always bank upon Ancita on any work that is on her task list. A proactive individual who not only pushes herself but her team too.

Siddharth Kumar, Deputy General Manager, Cohn & Wolfe India


Ancita is a thorough professional and absolutely meticulous with her work. She took a lead in Digital when it was the upcoming hottest trend and that is commendable. Always ready to pitch in with ideas on a campaign,love her energy. She is and will be an asset to any organization that she chooses to be associated with. It has been a pleasure working with her here.

Pooja Poddar Jain, Account Director, Cohn & Wolfe Six Degrees


Ancita is very good in her craft of digital PR and comes with sound knowledge on digital. She is a great team player and has shown great capabilities to lead any team project. She is a great colleague, it has always been a pleasure to work with her and is very easy to work with.

Shalini Gunashekar, Associate Account Director, Cohn & Wolfe Six Degrees


SocialPowWow chat is one of the most innovative conversations involving small businesses and thought leaders. Ancita deserves a lot of credit for being the go-getter in bringing everyone together.

Cheval John, Founder & CEO, VallanoMedia, LLC, Houston


I'm impressed and inspired by Ancita Satija for creating an initiative as cool as SocialPowWow and making it a movement. How many young professionals go above and beyond to make a mark and leave a legacy? Ancita has set an example for others to follow. I am sure this weekly tweet chat will grow to become much more than just a chat.

Amith Prabhu, Founding Dean @SCoReInd, CoFounder @PRAXISInd & @PRomiseFdn


SocialPowWow is one of those must attend twitter chats like #TwitterSmarter #Hootchat #MediaChat with vibrant, engaged communities discussing relevant & trending topics on social media and with a smart and friendly host like Ancita!

Zen Yinger, CEO, ZenSocial, North Carolina


Congratulations #SocialPowWow for completing two years. You have always been amazing in getting interesting people to exchange views on interesting and relevant topics. You are the platform that brings out-of-the-box minds together across the globe in the world of clatter. Stay there with us -- as a friend, as a trend spotter, and stay relevant. Wishes for many more.

Sounak Mitra, Associate Editor @moneycontrolcom


I had the pleasure of working with Ancita, during my time at Burson Cohn and Wolfe. Ancita is affable and very easy to work with - great qualities to have in a team mate! She's a dedicated employee whose positive spirit helps guide the team that she’s in. Her experience and knowledge in digital, from copywriting to social media strategies makes her an asset to any organisation.

Thimah Hameed, Vice President - Regional Digital Strategy Marketing Lead, DBS Bank