Open post #2 Exploring the relationship between Public Relations and Business field

For this open post, I would like to focus on the relationship between public relations and business filed. It is important for business people to know how to communicate and coorperate with their business partners well. So I tried to use this post to explore more about communications in business and learned some communication skills from it. This is also the reason why I decide to take a PR class for this semester, in order to learn more about communications in pubic and problem solving. Professor Robert Kolt is the instructor for this course, who is  PR professional and very experienced in this area. And he has his own PR company as well.

Communicating With Co-workers

Commonly speaking, public relations are used in building up the trusted relations between companies and the public, or solving public conflicts. Technology and media can be involved in public relations. In the field of Finance, "Financial relations involves communicating not only with a company's stockholders, but also with the wider community of financial analysts and potential investors." Like I mentioned in last open post that attending meetings with clients is paper of financial analysts' job. Financial Analysts should be able to know how to engage themselves with the public in formal presentations or meetings, especially "Annual reports and stockholder meetings are the two most important public relations tools for maintaining good investor relations." So that some of the PR techniques will be used. "RACE" stands for research, action, communication and evaluation. RACE is an important concept for PR people. Financial analysts can start with the "R." Research can be done by different forms, For example, personal interview can be one of the methods to do research. Base on the information financial analysts get from the research, take some actions or make some plans. Then communicate with clients again to evaluate and test the plan financial analysts made. 

Public Relations

The relationship between PR and business field, especially in the financial relations, some of the methods or techniques that being used in PR will be used in finance filed to help clients solve the problem and build up trusted relations with clients.

Works Citation

"Public Realions." Reference for Business. N.p., n.d. Web. 7 Feb. 2016.