It’s been a while since the SMartPR blog came out of the woodwork.  Thankfully, we have been busy campers around here.

But the recent news involving Penn State University and its athletic department got us thinking about companies that don’t admit fault when things happen.  How can organizations withstand being guilty for so long?

Sometimes, we can chalk up these mistakes to one’s honor code or how one was raised.  In the Pacific Rim, it is common for companies to not apologize because it is dishonorable.  They would rather hold in the guilt and blame and deal with internally.  But ask the executives and Board members at Olympus how much that guilt has eaten them up inside.  If you haven’t seen the news about Olympus, the company hid at least two decades of losses even though a whistle-blower came forward and thought the company was doing suspicious activity…

…which brings me back to the coaches and athletic department in Not So Happy Valley.  There is a clear disconnect between companies and officials who are MORALLY guilty and those who are LEGALLY guilty.  Thankfully, we saw a Pennsylvania legal official make the same reference in Michael Rosenberg’s CNNSI.com.  Either she is a loyal follower of SMPR (a guy can wish, right?), or she understands the realization that there is a big difference between guilt in a court and guilt of one’s actions.

To be clear, no one should condone what the coaches and personnel did to boys and young men; as a father, it pains me to read stories like what happened at Penn State.  We can say “they should get what is coming to them,” but the damage should already be done.  Guilt is a powerful thing–even if it doesn’t show its face in a court of law right away.

As some of you know, I was asked to become a featured blogger for “Investor Uprising,” PR NEWSWIRE’s online community geared toward the financial and investment world.  In this edition of “The Spin”–I didn’t invent the title name–I thought it might be interesting to discuss portfolio relevance–that is, what makes an investment relevant for one’s portfolio.  Sears is a household name, but does it grab your attention if you’re an investor, and what can be done to make it more relevant to the investment community?  It’s time to dream a little dream…. “How Relevant is Your Portfolio?”

Michael here, checking in with another contribution I’ve made to PR NEWSWIRE’s Investor Uprising. Today I’m tackling the topic of ethical investments. It’s a tough line to walk in today’s world, with less than ideal examples of investments; BP, Toyota and Enron popping up every day of the week. Here I share my basic yet thorough tips on how to keep your investments inline with your personal and professional code of ethics. Five easy questions to ask yourself to make sure you’re investing ethically…”Five Exercises To Work Ethics Into Your Investments”

I’m back today with more communication insights for companies looking to attract investors. I admit this post may be a bit hair-brained and I very well could be spending too much time with my computer. But I’ve got to say this theory I’ve developed is pretty intriguing.  I don’t want to give it all away but what if Groupon, “grouponed” (yeah, it’s a verb now) itself? – Will Groupon Make A Deal With It’s Own Stock?

Recently I’ve started writing for Investor Uprising, PR NEWSWIRE’s online community for focusing on all things investing and finance. “The Spin” (I didn’t choose the name) covers all things communications in relation to investments. I’ll be tackling everything from ethical investments to how those so-called “celebrities” can teach us a lesson or two about our brands.
In this post I do just that, more specifically addressing how Charlie Sheen can actually teach companies a thing or two about attracting investors. No really, he might be the biggest celebrity train-wreck of the past year but he actually did get a couple things right when marketing himself. Without letting the cat any further out of the bag here’s The Spin… “What Charlie Sheen Can Teach Corporate America“

I thought y’all might be interested in the following article/blog I wrote for PR NEWSWIRE’s “Investor Uprising” community.

Is it possible for Groupon to issue a deal-of-the-day for its own stock when its IPO comes around? 

Here’s my thought; what do you think?

It pays to read this section of the Wall Street Journal; you never know who you can meet!

As part of my new business strategy, I strive to make relationships with the VC and private equity communities.  While it makes a lot of business sense, we also have a lot in common and have always contended that (one day) a PR shop should go into business with a VC group to not just go after businesses that are worth investing in, but to seek out ways to merchandise the efforts of these investments.

So when I saw the following article in AD AGE this morning about Madison Avenue forming a relationship with VC partners, I got shivers down my spine.  There is hope that my vision could come true.

Investment banks look for return on assets that strengthen financial statements.  PR firms can help leverage assets–both tangible and intangible.  At SMPR, we strive to hit on any innovation buttons we can, for these are the very buttons that trigger asset development.

Anyone who knows me in the PR world has heard my explanation of PR and how it mirrors economics–clients have a supply of information, and it is our job to match the demand of the marketplace with what our clients are supplying.  Our currency is content.  In the VC and PR worlds, content is king.

If any PR folks are doing something like what this article is describing, I would be curious to learn about your feedback.