Tag Archives: press conference

X – A typical day at the office – communication in action

On a typical day, when a publicly-traded company published their quarterly financial results, it all begins at 7 am with sending out the official press release and financial results presentation to the media, analysts and investors as well as publishing it all on the company website. An E-mail is sent out to all employees informing on the news while the internal communication specialist and internal services people get the auditorium ready for the upcoming employee information event.

Pulling it all together

The IT person responsible for helping with the webcast and the two streaming engineers from Solutionpark arrive and set up 2-3 cameras, hook up laptops and lay the necessary cables. I check the lighting and the sound (microphones) and upload the employee presentation onto the laptop next to the speaker’s desk. By 8 am staff piles into the auditorium – once again filled to the very last seat – and eagerly awaits the Executives Team’s explanations of the quarterly financial results. The session will be recorded including the slides and Q&A and is published on the intranet an hour following the staff event as a Video on Demand.DSC_0055

By 9 o’clock the Executive Team moves on to the boardroom where the investor call will be held shortly. The scripts are ready and so are the head of investor relations and the streaming engineers who will ensure that the slides are synchronized with the speeches from the CEO and CFO. This investor call will be broadcast live, i.e for everyone to see who logs on (and registers) on the company website. While the live webcast is in full swing in the boardroom, the auditorium is once again remodeled and set up for the onsite press conference.

Moving forward through the day

I remember the poor guys from the internal services department well who had to lug hundreds of chairs, shove around tables and prepare the information booth for the awaited financial analysts and business journalists. As employees, we were not allowed to participate in the press conferences, though we’d sneak through the hallway and try to get a glimpse of who had come. Are there photographers present? Has a journalist from a prestigious financial paper arrived? Have the analysts dressed in their sleek designer outfits again?

By noon, the show is over, the employee webcast published on the intranet, the investor webcast marked for download on the Internet, journalists’ and analysts’ questions answered. Oh well, just a typical day at the office.

VII – Before the camera starts rolling

When you are working with external providers I find it most helpful to get to know them personally. It makes life much easier in the long run. At the beginning I invested a couple hours to travel across town with one of the company’s IT professional in tow, to get to know the streaming guys at Solutionpark. This was a number of years ago. And they were not as I expected. No weird IT geeks sitting in a corner glued to their PC screens. They welcomed us with open arms and couldn’t wait to show us around. Solutionpark equipmentThe place was full of interesting equipment they had built into mobile trolleys themselves as they explained how they’d go on location and record, encode and stream a company’s investor presentation, press conference or other live event onto the web. So how would this work for us? Basically we wanted to replace the old way of recording a staff event on VHS cassettes (!) which would be copied manually and then sent by mail to the various offices around the world. How endlessly tedious and time-consuming!

The technical side of it all

IMG_1520The good thing was that our streaming provider has their own encoding center where all the equipment is permanently installed on site. This means that they are always ready with many encoders and backup devices available, a redundant and reliable Internet upstream, optimized connectivity to Akamai (a Content Distribution Network) for live streaming and access to any European satellite for live webcasts. All recordings are done in broadcast quality. This set-up has proven to be flexible, reliable and cost-efficient and a number of times I’d call to say we’re having an event on short notice. They bring everything, i.e. usually two people, a streaming engineer and a web TV producer, and the full equipment. All I had to do is get the speakers and audience organized and off we went. Following the recording, I’d receive a link which we then placed on the respective company webpage. That’s it.

 

Before you get started, here are some things you should clarify in advance:

  • When and where do you want to record your video?
  • At what time do you want to publish your video and to whom?
  • How big will the video file be?
  • How long do you intend to record?
  • How time-critical is your event?
  • Will the webcast be done live or on demand?
  • Does your organization have a strong enough pipeline and bandwidth for uploading and playing videos?
  • How many people will be watching simultaneously?
  • Can you bypass your firewall, proxy and are there IT security issues with your local IT department?
  • Do you have electrical power and a phone line available onsite?

Once you have checked out the technicalities, you are set to go. Your external partner can surely help you in finding out some of the points. These usually just have to be ticked off the first time you webcast an event. Assuming you will conduct your future events in the same location, the set up will already have been established. From then on, you can lean back and enjoy the event.