1. Inclusion, equity, and diversity will take center stage for some time to come.
Organizations will need to reflect the diversity we see in the everyday world. Issues of equity for women, people of color, and those who identify as LGBTQIA+ will take center stage across all industries. In the following months, the focus for brands and their PR specialists should be about making progress in the right direction. Companies will need an actionable plan to make progress with diversity internally if they want to remain relevant for their audiences. The brands that neglect this issue will most likely experience various PR problems. Companies that lack a clear messaging and policy around inclusion and diversity are at risk of falling behind their competitors and experience negative publicity to their reputation. The call to put diversity, equity, and inclusion in the center stage of any organization isn’t just a reaction to the tensions from 2020 but a need highlighted by data. Statistics show that racially diverse executive teams have 35% higher earnings before interest and taxes (EBIT). Businesses that embrace diversity have a 19% higher revenue.2. Internal communications are of crucial importance.
Thus far, 2021 also brings plenty of news, both good and bad. The bad news is that organizations have to deal with the same problems they did in 2020. The pandemic is still a harsh reality. However, the good news is that organizations now have more knowledge and training as to how to handle them. Uncertainty will persist for a long time. Brands will need to:- build positive energy amongst their employees working from home;
- improve communication regarding the state of the business;
- offer investors timely communication that provides value; and
- enhance productivity with the help of internal communication.