I have now been doing M&A in the PR industry for 17+ years. Prior to that I owned a CPA firm, specializing in PR firms. When I owned my CPA firm, it was a requirement that every client have a CPA prepared Balance Sheet and P&L at their year-end, on an...
Update: This article has been amended to better reflect that the allegations against Wells Fargo execs and others were made by reform leaders Susan Hart and Mary Beth West, not by the Public Relations Society of America or any of its leaders or spokespersons. In the...
For most PR agencies, the answer is an unqualified yes. This is not a new idea for me. I have been saying it throughout my career. The theme, as presented in my blogs, articles, speeches, and books has always been: Bigger is better. The key is making sure that in...
Update: PRSA responded to this post with the following statement: "It should be noted that this release is from two individual members planning to propose their own PRSA bylaw amendments, and not an official statement from PRSA as readers might infer," said PRSA Chair...
Talk about whiplash! Heads have been spinning like battle tops due to the recent stock market gyrations. On February 9, for example, the Dow Jones Industrial Average closed out with a 330-point rebound but still suffered its biggest weekly loss since January 2016, per...
USA TODAY just announced that Nicole Carroll will become editor-in-chief, effective March 2018. Carroll joins the daily after serving as vice president of news and editor of the Arizona Republic and azcentral.com since 2015. “Nicole embodies the values, journalistic...
In the spotlight: Rick Gould, CPA, J.D., Managing Partner, Gould+Partners It’s been a pretty busy year on the PR M&A front, with strategic, financial and private equity players getting into the act. But 2017 may simply turn out to be a prelude for what’s expected...
Come on, admit it. Millennial communicators own the largest projection screen in the PR field. And much of what is projected on them is at best, stereotypical and, at worst, counterproductive. Sure, there are some millennials who suffer from an acute sense of...
Virtual reality shopping is around the corner—and now new data shows how consumers want to use it. Seventy to eighty percent of early tech-adopting consumers are eager to use virtual reality technology to design rooms by visualizing furniture and accessories assembled...
During the economic doldrums following the stock market crash in 2008, “flat” was considered the new “up” for PR firms’ growth and profitability. But that was then and this is now. With the economy regaining its strength—and a very tight labor market, to boot—“flat”...
Health and science holds a hallowed place in our modern society. As a result, if you're a communications or PR pro in the sector, when it comes time for you to amplify your message, factual accuracy is paramount. Many stories we read about health and science are...
More than three quarters (78 percent) of adults would likely switch to an alternative retailer the next time they shop for products online if they have a poor ordering experience, according to the third annual Customer Pulse 2017 Report from JDA and Centiro, conducted...