We already have explored Hillsong Church's media
relations from the inside out, now it is time to go deeper. Normally is very
hard to talk about investor relations when your subject is a church, but the
Hillsong Church shows that they care about it. They provide on the church's
website a financial charter to communicate about their finances. In this
charter the organization is described as a non-profit organization governed by
their board of directors, also informing that their annual record is audited and
lodged with regulatory bodies every year and also mentioning the internal
controls applied, always offering an open book policy allowing
members/investors to analyze these annual financial records, promoting a
two-way communication in order to have a positive corporate reputation.
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Source:
http://myhillsong.com/financial-charter |
The Hillsong Church also shows a big concern about
their government relations. Hillsong's website informs that their governance
and policies are based on Australian Stock Exchange (ASX), principles of good
corporate governance, best practice recommendation in addition to biblical
values. In other words, the Hillsong Church is following all the government’s
principles to have an organization with a good government relation.
As a non-profit organization Hillsong Church
manages the business process producing an overall positive impact in society by
specifying in the organization's website their ethical standard and values,
conflicts of interest, recognizing and managing the risks, opting for a
political impartiality and specially their responsibility to the community
informing the church's privacy policy, donation policy and occupational health
and safety. This way getting ready to manage the issues before they happen.
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Source:http://myhillsong.com/corporate-goverance
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Hillsong Church has shown a good investors and
governments relation so far, but there is always a place for improvement.
Considering all the tools applied by the organization to work on these
relationships, some extra tools would be useful to improve, for example the use
some advanced tools (ex: road show, conference call, etc), the use of an agenda
setting and specify better the organization crisis communication plan about how
would be their response to a crisis and how to get recovered from it, always
remembering to apply to most important strategies during a crises: be honest,
be prompt, be constant, be accessible, be direct and always use multi-platforms
to communicate.
For further information about Hillsong Church's
investor relation and government relation visit the website: http://myhillsong.com
For last but not least, join Hillsong Church and World Vision's fight to help many desperate lives in Philippines. If you want to be part of this fight, click here to donate now.
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Source: https://hillsong.com/en/bwc/philippines |
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