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"Global media relationship plays a major role in building the credibility, which is given immense importance. Information sharing, both proactive and reactive is a continuous process"

   

Director - Corporate Communications

Richly experienced in brand marketing and corporate communication in O&M, Wockhard, SmithKline Beecham, Raymonds etc, the once high-level cricketer is now Director, Corporate Communications, Ranbaxy.

In this issue of PR Speak, Paresh Chaudhry, Director, Corporate Communications, Ranbaxy talks to Jasmeen Dugal about the differences in global and regional corporate communication, how Ranbaxy promotes OTC products, and the role of corporate communications in portraying Ranbaxy as a research-driven pharmaceutical company.

 P.S. How important is corporate communications in a company like Ranbaxy? What is your role?
 

Corporate Communications is the window and face of any organization. Its importance gets all the more critical and serious for a company like Ranbaxy having ground presence in twenty-five countries and spread across most of the major world markets. And in an inter-connected global village gunning for real-time information, one has to be on-line twenty-four hours, which defines the importance.

 P.S. What are the different target groups for corporate communication?
 

Media, Investors, Government, Suppliers, Agencies, Employees, NGO's, Business community and other corporates, Key Opinion Leaders - essentially all stakeholders.

 P.S. What are your OTC brands and how do you promote them?
 

Revital, Pepfiz, Gesdyp, Garlic Pearls. The products are promoted through a separate business division, Ranbaxy Global Consumer Healthcare (RGCH), through FMCG distribution network set up specifically for this purpose. Consumer communication is done through television campaigns and outdoor mediums.

 P.S. How have you positioned Ranbaxy?
 

We have positioned Ranbaxy as an Indian MNC with strong presence in all the major markets worldwide with a focus on generics and research, and with a mission to become a research-based International pharmaceutical company.

P.S. What was the role of PR in portraying Ranbaxy as a research-based pharmaceutical company?
 

Our role is primarily to keep all concerned audience, both internal and external, informed on the company's progress both in research and its activites across the globe. The company has a strong media policy in place to streamline the flow of information.

Global media relationship plays a major role in building the credibility, which is given immense importance. Information sharing, both proactive and reactive is a continuous process. Besides various communication tools like corporate multimedia CD, website, annual report, brochures, newsletters, corporate exhibits and investors, shareholders, government, NGO and key opinion leaders, the management is leveraged in portraying the right face of Ranbaxy.

   
P.S. How did you use PR to portray the company's distinctive qualities to the target audience?
 

Depending upon the audience we deal with, the customized information is shared. As an example, shareholders will be interested in the company's overall progress and the shareholders return; investors on the financials, media on the company's present and future prospects and overview, in exhibitions the business opportunities available etc.

   
P.S. Who is your media agency?
 

We do not have a media agency. At Ranbaxy it is in-house. We have a team of six headed by myself as Director-Corporate Communications managing Ranbaxy's global image building exercise. This way there is direct interface between our target audience and my team, and no room for any delayed timelines. This is appreciated by the media and investors.

   
P.S. What is the difference between PR for a pharmaceutical as compared to FMGC Brands?
  Creating visibility for an FMCG is far easier since the option of campaigning through above the line and below-the-line mediums (mass media-mix) are available. The pharmaceutical industry is prescription driven and the trade doesn't allow promotion through these mediums eg. television campaigns, outdoor campaigns etc.

Hence the task of building perception is left purely through the company's media management and performance. Our's is a purely knowledge driven and continuous information flow, coaching and "lay-man" understanding communication job and needs time to build relationships.

   
P.S. What is the difference between communicating to a global audience and a local audience? How are the expectations different?
  Global media is much more matured. But Indian media is catching up very fast and is immensely mature compared to what it was 4-5 years back. Also with respect to Ranbaxy, which is a listed company in India, there are various SEBI guidelines and disclosure policies one needs to follow before sharing information with the outside audience, which need not be followed stringently overseas where Ranbaxy is an unlisted company. Besides, perspectives and perceptions are different which needs to managed accordingly. There is no single recipe! The whole mindset needs a "global approach".
Send your comments to Paresh Chaudhry
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