The value of relationships

This paper outlines concepts that explore and extend the significance of public relations as a relationship management discipline. It postulates practice through which value is created to meet organisational objectives from the known or latent potential of intangibles. In doing so, a definition of o...

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Xuất bản năm:URI:https://journals.openedition.org/cp,
Tác giả chính: Phillips, David
Định dạng: Article ou chapitre numérique
Ngôn ngữ:Anglais
Được phát hành: Comunicação pública 2020
Truy cập trực tuyến:Accès Université d'Orléans et IFPM
Accès Université d'Orléans et IFPM
Miêu tả
Tóm tắt:This paper outlines concepts that explore and extend the significance of public relations as a relationship management discipline. It postulates practice through which value is created to meet organisational objectives from the known or latent potential of intangibles. In doing so, a definition of organisations as the nexus of relationships is put forward. The differentiation between organisational and interpersonal relationships is explored through a concept that organisational tokens are limited by the concept of materiality. Because material value can only be released through a process of relationship change, relationship management is put forward as a management discipline that can create value. The reverse is also true. Wealth can be latent, under-exploited or destroyed when the process of relationship management acting on material tokens is not deployed to meet organisational objectives.