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FINDING THE RIGHT ADVISOR TO HELP GROW YOUR BUSINESS

Behind every great leader is a trusted advisor. Whether you’re contracting or running a business as a sole-trader, partnership or company, working with a trusted business advisor can safeguard the future of a business or organisation.

Business advisors are experienced professionals who become an extension of a team and often assist in one or more areas. An advisor who can challenge hard-wired views of customers, act as a senior sounding board and instill (through facilitation) the desired strategies to achieve successful outcomes will be the one who adds the most value.

There are many different types of advisors in all areas of business. Some advisors are generalists with advanced knowledge and expertise. Others are specialists in different industries, e.g. marketing specialists, leadership coaches, financial, insurance or even legal. It is often their knowledge and expertise that can help businesses understand the myriad of challenges while delivering a higher value of services. Their expertise will help you understand how your business is performing, where you’re falling short and how you can improve.

Most business advisors hit the ground running, focusing on accomplishing key areas that are pertinent to a company’s growth and success. Organisations can increase their chances of success and growth, by setting objectives and creating measurable goals with business advisors to help develop a robust plan that attracts the right clients and brings in new business. The most experienced advisors start off by asking the right questions: What are the trends, opportunities and challenges that will shape your business? Savvy business firms often employ a professional consultant or business advisor to develop strategic marketing or operational plans to drive business growth and success.

Build Successful Marketing Strategy

Here are some of the objectives many successful business and communication advisors have included as part of their overall marketing strategy to drive results.

  • Visibility: Raise visibility through sponsored events and other tactics on a local (or regional) level
  • Awareness: Build a loud share of voice with the right people through targeted communications and integrated campaigns
  • Credibility: Enhance reputation by consistently being seen incredible tier 1 media outlets as a subject matter expert and professional in the field of business.
  • Thought Leadership: Build thought leadership status through a publication of unique insights and forward-thinking concepts
  • Digital Presence: Improve search engine ranking and become more discoverable through social media use and a strong online presence

Have a question or need to solve a problem? Just askSherpa for advice – [email protected]

FOUR REASONS WHY BUSINESSES SHOULD INVEST IN PUBLIC RELATIONS

From small to large businesses, every brand can benefit from a strong integrated public relations (PR) and marketing strategy. Getting the right people on board early to work towards a clearly defined goal can set a business or project off on the right foot.

Many businesses often refer to PR and communications for major announcements, event support or in times of crisis. But having a clear, honest and sound communications strategy in place is critical to developing engaging discussions with key business prospects and the broader public. A well implemented PR strategy can contribute significantly to the public image of an organisation.

Below are four reasons why businesses need to consider PR in their overall business plan, strategy and budget:

1. Raise awareness and build credibility

Public relations is about communicating credibly with people who affect business results, such as media analysts, policymakers, the community, partners, customers and shareholders. Creating and executing a successful communications and PR strategy increases positive exposure for a business or brand. When the public read a positive mention of a brand or service, it is essentially word-of-mouth on a large scale. This proves why investing in PR is essential in building a trust pathway for the business.

A consistent PR program will help raise awareness of a product, service or brand, complementing any direct marketing or advertising efforts, which in turn can help secure partnerships, customers, sales and additional funding.

2. Smart public relations can fuel growth

Increased market awareness leads to more opportunities for sales and growth by attracting the right prospects to improve business outcomes.

The unique integration of PR and digital marketing can creative opportunities to develop and convert high-value content assets into lead-generation machines fuelling business growth and overall revenues for the company.

3. PR outlasts advertising and is often the most cost- effective tool for reputation management

PR offers more bang for buck. Establishing the right public image via a publicity campaign is the most cost-effective tool to improving the perception of a business, brand or service. There are several ways to get mileage out of a good story. In today’s digital age, news stories no longer have a ticking shelf life. Visibility on search engines doesn’t decline in time, however, much to the contrary articles continue to gain exposure over time with shares, likes and links by other sources.

4. Crises Management

Well thought through PR plans and strategies cover not only positive news coverage but also handles bad publicity, which can often be avoided. By developing an issues/reputation management plan, organizations are prepared to handle and negate any disaster or negative publicity in the event of a crises. Monitoring the issue on hand can help avoid significant brand damage as well as help mitigate crises in advance.

PR has changed drastically with new rules of social engagement, different consumer behaviour patterns and an altered media landscape.

A properly executed PR campaign that educates and informs people about the contributions of the organization is essential and can enhance its brand recognition making it more relevant to the consumer.

Have a question or need to solve a problem? Just askSherpa for advice – [email protected]

New MIT Project to Probe Mysteries of Human Intelligence

MIT last week launched the MIT Intelligence Quest, an initiative to find out how human intelligence works, in engineering terms, and how a deeper grasp of human intelligence can be applied to building wiser and more useful machines.

Life scientists, computer scientists, social scientists and engineers will collaborate in the effort.

“Human intelligence is turning out to be very complex, involving emergent properties that arise from complex computational networks,” noted Michael Jude, research manager at Stratecast/Frost & Sullivan.

“It is not simply an engineering design problem,” he told TechNewsWorld.

Bringing in some of the soft sciences, such as psychology and sociology, as well as areas like medicine “would seem to be a good thing,” Jude observed.

Deep Insights, Practical Tools
Some of the advances may be foundational in nature, involving new insights into human intelligence and new methods to let machines learn effectively, MIT president L. Rafael Reif said in a letter to the university community.

Others may be practical tools for use in a variety of research fields, such as disease diagnosis, drug discovery, automated system materials and manufacturing design, synthetic biology, and finance.

MIT IQ researchers also will investigate the societal and ethical implications of advanced analytical and predictive tools, Reif said.

MIT already has active groups and projects investigating autonomous systems, media and information quality, labor markets and work of the future, innovation and the digital economy, and the role of artificial intelligence in the legal system.

“The challenge of better understanding human intelligence is enormous, and … requires a multidisciplinary approach,” said Doug Henschen, principal analyst at Constellation Research.

“MIT certainly has the stature, breadth and depth to take this on, drawing on credible and well-known experts,” he told TechNewsWorld.

How MIT IQ Will Function
Two linked entities within MIT IQ will lead its work.

The Core will advance the science and engineering of both human and machine intelligence; a key output will be machine learning algorithms.

The Bridge will focus on the application of MIT discoveries in natural and artificial intelligence to all disciplines. It will host state-of-the-art tools from industry and research labs worldwide.

The Bridge will provide the MIT community with intelligence technologies, platforms and infrastructure; education about AI tools for students, faculty and staff; rich and unique data sets; technical support; and specialized hardware.

MIT IQ will connect and amplify existing excellence across labs and centers already engaged in intelligence research, establish shared spaces for group work, and directly support research.

MIT will establish additional entities within MIT IQ in partnership with corporate and philanthropic organizations to fund the project.

IBM may play a key role in MIT IQ.

The company is “proud to be a cornerstone of this expanded initiative,” said John E. Kelly III, IBM’s SVP for cognitive solutions and research.

MIT IQ “is a natural evolution of what MIT and MIT Labs have been doing in the fields of AI, deep learning and work,” said Rebecca Wettemann, VP of Research at Nucleus Research.

“Similar announcements from other higher education and research centers” can be expected, she told TechNewsWorld.

Societal and Ethical Issues, Oh My!
Prominent scientists and tech leaders, including Stephen Hawking, Elon Musk and Bill Gates, have expressed concerns about the ethical and societal implications of AI research.

Musk and some partners launched Open.AI in 2015, an effort to guide ethical AI development to benefit society.

Microsoft, Google, IBM and Amazon are among the high-tech firms that launched Partnership on AI in 2016, with the same goals.

“What if we had done the same thing with automobiles?” Frost’s Jude asked. “Would we actually have built any? Sometimes, “you just have to make tracks and fire out the solutions to problems along the way.”

New online tool detects and blocks terrorist propaganda

The Home Office says it has developed new online technology to automatically detect and block terrorist online content.

Created with tech company ASI Data Science, it uses uses advanced machine learning to analyse a video to determine whether it could be Islamic State propaganda.

Designed to be used on any platform, it can support the detection of terrorist propaganda across a range of video-streaming and download sites in real-time.

It is made so that it can be integrated into the upload process, so that the majority of video propaganda is stopped before it ever reaches the internet.
The Government claims the new tool detected 94% of IS propaganda with 99.995% accuracy.
Home Secretary Amber Rudd, who is in the US to discuss online security with major tech companies, said: Over the last year we have been engaging with internet companies to make sure that their platforms are not being abused by terrorists and their supporters.

“I have been impressed with their work so far following the launch of the Global Internet Forum to Counter-Terrorism, although there is still more to do, and I hope this new technology the Home Office has helped develop can support others to go further and faster.
The purpose of these videos is to incite violence in our communities, recruit people to their cause, and attempt to spread fear in our society.
“We know that automatic technology like this, can heavily disrupt the terrorists’ actions, as well as prevent people from ever being exposed to these horrific images.
“This Government has been taking the lead worldwide in making sure that vile terrorist content is stamped out.”

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