Tag Archives: annual general meeting

XI – One of the most important events of the year

The Annual General Meeting (AGM) is always a highlight in a company’s yearly event calendar. So much preparation, so many things to think about, so much budget spent for a single half day. Nevertheless, it’s an important event for internal and external audiences such as the Executive and Board members, the legal department, investor relations, all shareholders and investors. Often the communications department is involved as well as an event agency, simultaneous translators and a streaming company in charge of the videotaping and broadcasting.

Keeping track of your target audiences

Leading up to the ‘big day’ I remember many arguments and discussions about all kinds of internal and external communication issues including ‘Shall we show it to employees?’, ‘Why should we show it to employees?’ ‘Do we put in on the Internet or not?’, ‘Does the public need to know?’ etc. The Annual General Meeting is THE event a company holds for its shareholders and includes the entire senior management and executive staff as well as the organization’s Board members. Employees and the general public sometimes get forgotten in the process. I find it just as relevant and significant to keep them in the loop of a company’s developments. And that is a communication departments job! So I can only plead for you to take on the responsibility, get a streaming provider such as Solutionpark on board, and get moving.

Employees first!

We webcast the Annual General Meeting on the intranet for all employees to see, i.e. for those who aren’t shareholders and for those who are but decided not to attend the AGM in person. It’s simple transparent information policy to keep everyone up-to-date and not to exclude internal resources whoever and wherever they may be. Besides, it’s a legal requirement to keep a copy of the recording anyway, so why not produce it as a webcast and put it on the web.

I find this a good example of using multimedia tools to create more transparency and inclusiveness. Don’t we hear too often: ‘Why wasn’t I informed?’, ‘How come I didn’t hear about this or that?’ The whole purpose of putting videos on the Internet is to reach a broad audience and make an event available to everyone. All of your shareholders and employees will be grateful to you.

I – Webcast – why me? Introduction to an indispensible communications tool

First of all I would like to set the stage for introducing a piece of sophisticated technology to you. As a great fan and believer of streaming products, I want to start by explaining some basics and getting a couple facts and possible misconceptions straight. To tell you the truth, I was pretty confused at the beginning myself. So here we go.

IMG_1540What is a webcast?

A webcast is a video and/or presentation that is produced and published on the Internet using so-called streaming technology. The webcast is either done ‘live’ or ‘on demand.’ Webcasting is a type of “broadcasting” over the Internet. It can be shown on an Inter-, intra or extranet. Webcasts use streaming technology to publish content on an Internet page and distribute it to many listeners and/or viewers simultaneously. There are many possibilities for using webcasts as I learned working with Solutionpark over the years.

How are webcasts used?

Webcasts are typically used for investor relations presentations to the financial community, for the transmission of annual general meetings to shareholders and the public, for recording employee events and presentations for the intranet, for broadcasting medical conferences and offering further education to doctors and scientists. These are just a couple of examples.

Who (typically) organizes the webcasts?

Mostly, investor relations and corporate communications responsibles are assigned the task of planning and organizing webcasts. Event managers, media relations people, internal communications specialists or other communication professionals might also be in charge of producing a webcast.

Why is it an indispensible communications tool? pic6

Once you start working with webcasts, you won’t want to go back to some of the traditional, time- and cost consuming communications tools. The preparation and production is quick, the feedback is immediate. You are flexible and fast. It’s independent of time and location, can be watched by audiences around the globe where and whenever they want to: the perfect tool for businesses on the move. I love it. And who doesn’t like moving pictures these days?!