Month: January 2020

Hospitality assets are the highest users of energy in commercial real estate, but owners are now creating a more sustainable environment

Hotels consist of the highest energy users across the commercial real estate sector, but according to Carbon Lighthouse, there are profitable solutions for energy reductions. Executive Vice President, JJ Steeley explains, “Hoteliers are caught in a tension between a great guest experience at their property, cost and sustainability management in their operations. Fortunately, the latest advancements in technology equips hoteliers with the tools to resolve this tension in the back of the house.”

Read the full article: How Hotels Can Curb Their High Energy Use (GlobeSt.com)

Miracle Mile Advisors builds institutional advisory team that will cater to smaller university endowments, non-profits, foundations and pension plans.

Miracle Mile Advisors acquire institutional consulting team from Payden & Rygel’s that will target organizations with $100 million in assets or less. New addition Frank Lee explains that “the new venture is hoping to bring expertise and other tools to smaller investors that have historically been available only for the largest institutions.”

Read the full article: In the Crowded Outsourced-CIO Market, These Advisors See a Niche (Institutional Investor)

CompoSecure predicts a strong demand for metal cards in 2020

CompoSecure reports of having a strong growth in the metal card industry in 2019 and they predict a rise in 2020 amid increased market demand for metal cards and dual interface EMV and contactless metal cards.

“We are in the midst of an ideal situation with consumer demand rising, new markets opening up and a premium high-quality product outperforming expectations,” Jon Wilk, CEO of CompoSecure.

Read the full article: CompoSecure sees surge in metal card demand (Mobile Payments Today)

This Abiomed Inc. patient claims that she is eternally grateful after receiving a heart pump that changed her life forever

After surviving a sudden-onset transient heart failure called takotsubo cardiomyopathy, a 69-year-old patient received the Impella heart pump which mimics heart function when the heart can no longer function on its own. “There are no other devices or technologies that enable the heart to rest and recover with a minimally invasive approach,” said Shon Chakrabarti, medical director at Abiomed Inc.
Read the full article: Discovery Bay woman living life to fullest thanks to heart pump (East Bay Times)

The Top PR Trends You Need To Know For 2020 | eNews from OWC

Last month, the University of Southern California’s Annenberg Center for Public Relations produced its annual “Relevance Report” examining new trends in communications. TikTok, the Chinese-owned lip-synch app, was cited as a game-changer and world-leading startup. It appeals to Gen Z but it also may be mining the habits of American youth for foreign governments. So, regardless of its apparent popularity, brands are taking note.

Relevance and scrutiny are the twin targets of public relations. Our role is to make companies relevant by getting people to listen, share, act and buy. Unlike advertising, we are also the bulwark against misinformation and the marketplace confusion generated by business communication that hasn’t kept up with the times.

Here are trends in PR for 2020:

Small stories attract customers – Stories about customers, patients or investor outcomes earn trust and drive an action, not descriptions of a company’s product or how it works. PR can drive leads but only if we tell customer stories.

Authentic activism – Companies must be prepared to discuss their purpose such as specific efforts to eliminate their carbon footprint, how it is investing in employees and its community support or be ready to tackle issues that are of grave concern for its stakeholders. It’s a wake-up call that most respondents to a recent Quartz Insight study believe brands, rather than governments, are responsible for driving social change.

On the campaign trail – Preparing our clients to respond thoughtfully is an important PR job, especially in 2020. The presidential election is forcing businesses and CEOs to take a stand on issues and not claim ignorance. It’s time to sharpen responses, craft pivots and hone bridging tactics so that companies can address important topics without betraying their stakeholders.

Social refresh – Social channels morph constantly and sometimes even die. RIP Snapchat? Even Facebook is changing in demographics. The Relevance Report notes that while respondents to their survey said Facebook is the platform where they’ll most likely post, only 23 percent of those under 30 will post on Facebook. Instagram, Twitter, LinkedIn all play different roles and require different tactics. Social channels need fresh and vigorous attention to represent a brand while also moving engagement to an action and a “feeling.”

Review your reviews – This year taught us that a brand’s image is a fragile thing. Negative news coverage ranks highest in search engines. Shoring up a company’s online reputation must be a part of every public relations program which requires daily/weekly attention to review sites like Glassdoor and Yelp! as well as updating Wikipedia pages and other tools such as Wikidata and Crunchbase. Stay away from spotty reputation management practices.

Finally, as publications move to digital-only, it’s important to embrace “offline,” where we meet face-to-face at conferences, trade shows and one-on-ones. No technology can compete with the value of personal interaction.

Wishing you all an exciting and meaningful 2020.

The power of Super Saturday sales this past holiday season

December 21st was the biggest day in U.S. retail history with stores bringing in $34.4 billion dollars in sales. Michael Greenberg, CEO of Retina, joins Yahoo Finance’s The Final Round to discuss what this means for the state of retail and how e-commerce companies are keeping pace with the likes of Amazon.

Watch the full clip: What ‘Super Saturday’ sales mean for retail (Yahoo! Finance)