Staying committed to the project can only be reflected by good management. Here are some essential project management guidelines for investor relations managers for an effective project management.
On project management how to stay committed to your client
1. On Project Management: How To Stay Committed To
Your Client
tonivallen.com /blog/businessfinance/on-project-management-how-to-stay-committed-to-your-client/
by Toni Vallen on December 2, 2014 in Business and Finance
For investor relations companies and
departments, meeting the expectations of their
partners and shareholders is the priority. To meet
these expectations, they need to stay committed
and devoted to every project they are tasked to
perform and deliver. Staying committed to the
project can only be reflected by good
management. Here are some essential project
management guidelines for investor relations
managers for an effective project management.
Know the Project
Guidelines for effective project management
Your partner or client may give you relevant
information about the project you will work on
together. But remember not to stop there. Research further and find relevant information that even your
client will be surprised to learn. You cannot work on a project that you do not fully know every facet and
dimension of.
Strategize
One important job of the investor relation manager is to help partners, shareholders, and clients to
formulate and implement effective strategies on targeting key investors. These strategies should also be
aimed at achieving the project’s goals and even long-term sustainability for the client company. The
investor relations manager should have his own resources on devising strategies and techniques that are
unique and feasible. It is your job to find the solution to the dilemma of the shareholder.
Meet With Investors
While there are many other ways to communicate with key investors, there is still no substitute for
personal interaction. Initiate in setting up a meeting with the potential investor of your client or partner.
Listen to what they can offer. Because you are the investor relations manager, you can already be critical
and assess if this investor will benefit your client. You do not have to go all through the investors and refer
all of them to your client. Do not waste your time as you need it more to stay productive for other more
important project management tasks.
Raise the Risks As Early As Possible
Do not wait for the problems to come if you already see them looming. If you have already identified the
loopholes in the project, do not be afraid to tell them to your client. Give constructive criticisms and they will
surely understand. Also, if you discuss the risks early, you can already come up with solutions ahead of
time or you can already revise the flawed aspects of the project.
2. Always Report To The Client
The most genuine way to show that you are committed is to constantly report to the client. You may be
confident enough on your decisions and the client may trust you wholly, but this does not allow you to do
everything on your own. You have to do your job as productively as you can, but be sure to regularly
update your shareholders on the project. They need to know what is going on. Also, informing them about
the developments can also prevent you on doing something that may be detrimental to the implementation
of the project. Remember that in order to deliver positive output, no matter how small or big the project is,
the key is communication. And so keep in mind that you need to communicate with your partner.
Toni Vallen is an London-based advisor and managing director who managed and currently heads the
investor relations firm Seton Services Ltd. In her different blogs, Toni writes about her interest, namely:
business, management, financial and investment.