Jumping
ship from a secure, well-rewarded
job to set up, of all things,
a financial services PR company
at the height of the financial
crisis might to most people seem
like career suicide. But then
this month's rising star isn't
most people.
After careful planning and preliminary
research, Kate Boyle explains
why her career move was not a
leap of faith against the odds
but a much safer, considered one.
Name: Kate Boyle
Position: Independent
Consultant, Financial Services
PR
Company: Kate Boyle
PR, Media and Events. For more information,
click on www.kateboyle-pr.co.uk
or e-mail her at kate@kateboyle-pr.co.uk
Can you summarise your
career path to date?
In the 10 years I’ve been
working in the City, I’ve
gained experience in a variety
of fields including finance, advertising
and recruitment. For the last
six years though, I’ve specialised
in financial services PR, specifically
pensions and investments which
I’m passionate about, firstly
as an account manager for GR Communications
and now as an independent consultant.
Describe your role:
As anyone who has started their
own company knows, my role includes
everything from pitching, making
presentations and networking,
to photocopying and making the
coffee.
What’s been your
career highlight to date?
Winning my first client as an
independent consultant. I was
recommended to pitch by a journalist
contact and, even though the tender
process was at a fairly advanced
stage at that point, I got it.
It was before I had a website
or had done any marketing, but
I knew it was too good an opportunity
to miss. To think that I won entirely
on my own merits was - is
- a fantastic feeling.
And your greatest challenge?
Jumping ship! Without wanting
to sound repetitious, turning
a hope and idea into a reality
by setting up my own company has
been challenging, yes, but incredibly
rewarding. I still wake up and
wonder whether I was crazy to
take such a leap, especially with
the volatility of the financial
markets over the past year, but
without tempting fate, so far,
so good.
And ambition?
In some ways, I’ve already
achieved my ambition in as much
as I’m now my own boss but
developing long-standing relationships
and having a solid book of clients
is an ultimate goal.
What advice can you offer
to other comms professionals who
want to get ahead in the current
climate? Knowing your
market and knowing where you fit
is an important part of succeeding
at any time. I know many people
had their reservations about my
timing when it came to setting
up my business but I’d done
my research and knew there was
a gap in the market for boutique
financial services PR agencies
who could offer great service
for organizations with smaller
budgets, specifically because
of current market challenges.
Be careful to target the right
people and make sure that your
USPs meet their requirements.
Lastly, have a personality!
How do you feel about
what you have achieved so far
in your career? I’m
pleased that I’m ticking
many of the boxes I wanted to
achieve but it’s not a case
of resting on laurels - I’ve
many targets and lots of work
still to do.
What recent current affairs
issue are you most interested
in, and why? What’s
going on in the pensions market
- everything from solvency
management and governance to legislation
and personal accounts.
What challenges are you
facing in your current position?
I think helping people understand
the benefits of working with a
smaller provider, knowing that
smaller does not mean less capable,
will be an ongoing challenge,
as will keeping up to date with
everything and being an ambassador
for your business. The day you
stop believing in your business
is the day it will go down the
tubes.
Do you
have an unusual, impressive or
inspirational career path? Are
you able to offer sage career
advice to other communications
professionals? If so, we'd love
to hear from you! To nominate
a colleague or be featured as
the next 'rising star' yourself,
contact us at: sarah@the-works.co.uk
or tel. 020 7559 6690. Alternatively,
click on our website at: www.the-works.co.uk
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