Corporate Communication Ahmedabad Management Association 23rd and 25th January 2012 www.manishparihar.co.in
Session 1 Outline1. Introduction to communication2. What is strategic communication3. How do companies communicate corporate objectives and strategy? – Enter Corporate Communication4. How do they communicate corporate philosophy and values?
First, let’s break some ice• Introduce yourself in turn by stating your name• What are you most passionate about?• What would you change if you could?
What is communication?• Communication is the activity of conveying information. Communication has been derived from the Latin word "communis", meaning to share.• Communication requires a sender, a message, and an intended recipient, a medium Show videos here
Strategic Communication• Strategic Communication refers to policy-making and guidance for consistent information activity within an organization and between organizations.• Equivalent business management terms are: integrated (marketing) communication, organizational communication, corporate communication, institutional communication, etc. Source: wikipedia
Fathers of Corporate Communication: Paul Garrett • VP of PR for General Motors in 1931 • develop effective publicity & promotion • employees first in communication line of information • communication with the public using words and deeds with meaning they understood
Fathers of Corporate Communication: Arthur Page• VP for PR at AT&T in 1927• communication is a management function with voice in senior executive team• Page developed an ethical code for corporate communication
Historical Roots: Corporate Communication and Public Relations• Corporate communication began as public relations in major corporations.• The primary historical roots of corporate communication come from public relations.• The business aspects came later with advertising, branding, and marketing responsibilities assumed by the corporate communication department, sometimes called corporate relations within major industries.
Issues of Importance to Corporate Communication Today• The Global Economy • Splintering of Mass• Environment Markets • Fragmentation of the• Increased Role of Mass Media Management • Rapid Development of• Professionalism of the New Media Publics Technology Leading in Communication Trends
What is a clear and understandable definition of corporate communication?Corporate communication includes advertising, marketing communications, marketing, and public relations, but they all function under a managed perspective.Corporate communication is managing an organizations internal and external communications.
Session 2 Outline1. Objectives of strategic communication2. Where and how of strategic communication3. How do companies communicate corporate objectives and strategy? – Enter Corporate Communication4. How do they communicate corporate philosophy and values?
“Objectives” of strategic communication..• Builds strong business relationships• Internal and external co-ordination• Builds and maintains the brand image of the company• Gives competitive advantage to the organization
Organizations constituents: “Where” • Primary • Secondary - Employees - Media - Customers - Suppliers - Shareholders - Government - communities local regional national - creditors 15 Source: www.strategiccommunication.com
Communicating corporate objectives and strategy: “How”Ensure communication is an integral part of the ‘strategic planning framework.’– Protect, build and measure public confidence and customer satisfaction.– Facilitate greater community engagement– Improve stakeholder understanding of the business– Manage an internal communication framework (formal & informal) that makes the workforce feel valued, informed and motivated.
Enter Values..• Businesses communicate a lot of things. Many love to boast when their revenues soar, or publicize the strategic plans..• But often missing from a firms communications is something absolutely fundamental to its operations: its values.
Communicate corporate philosophy and values• Corporate Philosophy – the business mission and values espoused by the management board (or founder).• Values - Principles, standards, morals, ethical codes of conduct of an organization.• Egs. What values are associated with Reliance and Tata..? HBR Blog - Article for self reading
Designing Organization Structure and Communications Perspectives• This session will focus on: – How should be the communications structure of an organization – What are the different perspectives of corporate communication
Let’s have a discussion:Article discussion:1. Corporate communicator’s job
Problems highlighted• Difference between primary and secondary communication - dilution• Ranking of corporate communicator in the hierarchy of the matrix• All organizations suffer from entropy – a loss of energy leading to disorder• Each department controls their locus of communication differently
Key learnings from the article:1. The CEO maintains the role of strategic communicator throughout the organization2. The secondary messages generated through various departments should reinforce the primary strategic messages intended by the board3. If departments stray off the primary messages, the CEO should get to know about it through the communications structure4. Corporate messages should flow through the organization without being distorted
5. Corporate communicator should help CEO project a holistic view throughout the company6. Should guide employees, customers, shareholders, regulato rs and others into proper view of the company and its mission