Discover the intricate world of mid-sized PR firms in India with insights from industry veterans Archana Jain (PR Pundits), Nandita Lakshmana (The Practice), and Girish Balachandran (On Purpose). Learn how these leaders navigate the challenges of market pressures, the importance of differentiation, and the benefits of aligning with international standards. This episode promises valuable lessons on maintaining agility while establishing a unique niche amidst fierce competition.

Explore the evolution of PR firms in Bangalore from a technology-centric focus to diverse sector specialization. Hear firsthand from Girish Balachandran about the motivations behind founding purpose-driven firms like On Purpose, which prioritize Diversity, Equity, Inclusion (DEI), and Environmental, Social, and Governance (ESG). Address the challenges posed by the Western backlash against ESG and DEI and gain practical tips on identifying and leveraging brand differentiation.

The conversation takes a deeper dive into the complexities of retainer fees, underscoring the necessity of maintaining pricing standards and defining value versus price. We also unpack the significant topic of succession planning, exploring the role of ESOPs in retaining talent and the importance of prepared leadership transitions. This episode wraps up by inspiring young PR founders to dream big, with insights from industry stalwarts that will fuel your passion and ambition in the PR landscape.

Thank you for listening to the PRmoment India podcast. Follow us on Twitter @PRmomentIndia. Write to paarul@prmoment to be featured on the podcast.