Public Relations Is A Strategic Communication Process That Builds Mutually Beneficial Relationships Between

Hiring A Real Estate Assistant (How To Tips & Insights with Your Real Es…

crisis management

this week we learned about crisis management, first we need to understand what a crisis is? well, is an unplanned event that has or may have a significant impact on a company's image and affect operations.

A crisis has different phases:

1. Initial phase (warning phase)

2. acute phase (point of no return)

3. chronic phase (cleaning up the mess)

4. resolution phase (final phase)

5. continuity phase (time to heal the wounds and recover lost ties)

Whenever you are going trough a crisis you must have a management plan and understand that you have to protect in this order:

1. people

2. in the public interest

3. ownership of the company

FOR A GOOD CRISIS MANAGEMENT YOU SHOULD FOLLOW THIS STEPS:

Preparation BEFORE the crisis

Create a crisis management team with the following figures:

plant manager, security manager, communications officer, head of industrial relations, executive legal department and CFO.

Establish principles of operation (hope for the bes and plan for the worst)

Have a spokesperson (they must have presence and good looks and hace the ability to speak under pressure and also extensive knowledge of the business)

Create Policy media relation (communicate with key audiences, the first 24 hours are crucial)

In beauty industry has been a lot of crisis, for examplee when a Hair-product company called SheaMoisture posted it latest campaing has a lot of drama around it, why? because they are a mainly African-American oriented company and in their campaign they used three white women and only one black woman. They needed to act fast, so just a couple hours later the posted in their social media an apology message, starting it with, “Wow, okay—so guys, listen, we really f—ed this one up. Please know that our intention was not—and would never be—to disrespect our community, and as such, we are pulling this piece immediately because it does not represent what we intended to communicate.”

Even though their apology wasn't right for everybody we should acknowledge that they were brave for accepting their mistake and no blaming others, something that not all companies does -mhm pepsi-. Thats the importance of have an spokesperson, even if its digital they must know how to act fast and speak (or write) underpresure, and that's part of a good crisis management plan

Hope you like it,

see u next week

laura

Not to mention what the employees complain about, like toxic culture, no promotion prospects, low wages...

Public relations helps to influence an audience’s perceptions by building relationships and shaping public conversations about a client or company. #Holdingcompany #businessminded #businessquotes #businesssuccess  #businessman #businesstip #businessideas #womeninbusiness #businessmarketing #businessconsulting #businesspassion #socialmedia #businessopportunity #businesslife #strategy #businesses #growth #businessmentor #businessmotivation #entrepreneurs #creditrepair #coaching #businessplanning #networking #businessonline #consulting #contentmarketing #businessmanagement #businessconsultants #businessstartup #marketingtips #KhalidAlbeshri #pivot

Real estate development challenges:

- Regulatory Hurdles: Navigating complex regulations, zoning laws, permits, and building codes can be time-consuming and costly for developers. Changes in regulations or government policies can also impact project feasibility and timelines.

- Land Acquisition and Site Development: Finding suitable land for development at an affordable price can be challenging, especially in urban areas where land is scarce and expensive. Site development may also involve addressing environmental concerns, infrastructure requirements, and community engagement.

- Financing and Capital Constraints: Securing financing for real estate projects, whether through loans, equity investments, or other sources, can be difficult, particularly during economic downturns or in markets with tight lending conditions. Developers may face challenges in raising sufficient capital to fund their projects.

- Market Volatility and Uncertainty: Real estate markets are subject to fluctuations in supply and demand, interest rates, and economic conditions, which can affect property values, rental rates, and sales volumes. Uncertainty in market trends makes it challenging for developers to forecast project returns accurately.

- Construction Costs and Delays: Rising construction costs, labor shortages, and supply chain disruptions can impact project budgets and timelines. Delays in obtaining permits, approvals, or construction permits can further exacerbate costs and affect project profitability.

- Changing Consumer Preferences: Shifts in demographics, lifestyle preferences, and technological advancements can influence demand for different types of real estate products, requiring developers to adapt their offerings to meet evolving market needs.

- Environmental and Sustainability Considerations: Increasing awareness of environmental issues and sustainability concerns has led to greater emphasis on green building practices, energy efficiency, and resilience in real estate development.

- Community Opposition and NIMBYism: Resistance from local communities, residents, and interest groups can pose challenges to real estate development projects, particularly if they perceive the development as detrimental to the neighborhood or environment.

- Economic and Political Risks: Real estate development is susceptible to broader economic and political risks, including recession, inflation, geopolitical instability, and changes in government policies or regulations. These factors can impact investor confidence, financing availability, and market dynamics.

- Technological Disruption: Emerging technologies such as artificial intelligence, blockchain, and 3D printing are transforming various aspects of real estate development, from design and construction to property management and marketing.

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Cost management allows more efficient use of existing resources in the form of people, materials and machines. Thus, it helps in the development of development and expansion plans.

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Consistency is one of keys.

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Crisis management is the application of strategies designed to help an organization deal with a sudden and significant negative event.

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Strategic Project Management

Many discussions about project management overlook the significance of the crucial early choices that shape the project execution approach. Decisions such as employing Agile or Waterfall methodologies, or choosing between prefabrication and on-site assembly, may not alter the expected project output, but they can greatly affect the delivery process and the project’s likely success. There’s no…

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