TITLE
Communicating with the media at times of corporate crisis
AUTHOR
Muotka, Daniel; Skärfstad, Rikard
DEPARTMENT
Business Administration and Social Sciences / Industrial marketing and e-commerce
SUMMARY
The globalization of business and the widespread access to media due to
technology has made organizations more exposed than ever. If companies do
not know how to handle the media in case of a crisis the damages of the
crisis might be increased. Thus, companies need to be aware of how to
communicate with the media at all times. Therefore, the purpose of this
study is to gain a deeper understanding of how Swedish companies communicate
with the media at times of corporate crisis. In order to serve the purpose
of the study we have conducted case studies on ABB and Skandia, two
companies that both have been in a corporate crisis that received media
attention.
The main conclusions that can be drawn from this study is that companies
need to keep the media relations in mind at all times in order to remain in
good relations with the media. Companies should have a pre-established
crisis communication plan and a spokesperson that can be relied on in case
of an imminent crisis. Further, the study revealed that in order to
effectively communicate during a crisis, companies must determine their
target audiences that they want to reach out to through the media. Finally,
in the post-crisis phase, it is essential that companies show an honest
interest in solving the crisis.
ISSN 1404-5508 / ISRN LTU-SHU-EX--05/016--SE / NR 2005:016
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