The authors of the book Dircom: Comunicar para transformar (CCO, Communicate to Transform), professors and researchers Pilar Buil and Pablo Medina, from the University of Navarra, wonder which strategies are the best to be successful on the long term considering intangible assets such as reputation. Thus, companies need to do things right and then tell about it to be able to consider the perceptions of their stakeholders.
It is also important to try to raise the communication discourse and include it in the agenda of the senior management because it needs to be long-term oriented and sustainable. In this book, Buil and Medina analyse the situation and offer a communication foresight based on interviews with CCOs from some of the biggest Spanish companies (Banco Santander, Repsol, Gas Natural Fenosa, Acciona, Inditex, CaixaBank, Mercadona, Telefónica and Mutua Madrileña).
It addresses important issues such as internal communication, circles of trust, reputation rankings or communication goals in this new context.
Reputation is probably the most important asset owned by a company, and not only because it attracts and retains the best resources, but also because it leverages the value of the company’s unique character and identity by showing how well the company manages to align its external perception with the internal reality.
This document was prepared by Corporate Excellence and among other sources contains references to Corporate Reputation and Competitiveness by Gary Davies and Rosa Chun, Professors at the University of Manchester (the UK) and the IMD Business School (Switzerland), respectively, and published by Routledge in 2003.
The role of the Corporate Communication Director or Chief Communications Officer is gaining more weight in organisations, combining various strategic functions from managing some key intangibles, such as brand and reputation, to communication
Marketing is not effective and no longer yields expected results, advertising has become trite and ineffective, traditional public relations fail to reach new audiences and digital communities, communication tools used by companies in the past lost a good part of their capacity to generate value and are no longer useful for companies because the rules of the game have changed.
This document was prepared by Corporate Excellence – Centre for Reputation Leadership and contains references, among other sources, to the statements made by Joan Costa, an expert on communication, design, sociology, profesor of the University of Mexico and a member of the Corporate Excellence Board, during the panel discussion titled “Communication Innovations in Business and the Mass Media”, organised at the Faculty of Information Sciences, Complutense University in Madrid, on April 10, 2012, and his book “El Dircom hoy” (Communications Director Today) published by CPC Editor.
Basic Understanding Corporate Communication and Content King A. Wellington
This presentation was delivered to students of University of Ghana during a Communication and Social Media Seminar organized at the school. One objective was to introduce the students to Corporate Communication and what it means to today's organization.
Brands are managed and defined by people much more than by organizations themselves: employees shape how brands are seen and clients support or attack brands according to their personal experience and have an impact on companies’ reputation.
‘Brand Together’ by Nicholas Ind, Professor at the Business School in Oslo (Norway), written together with Clare Fuller and Charles Trevail defends that companies won’t reach their stakeholders and be successful by relying on mass advertising but through an authentic engagement and co-creation processes that build stronger bonds between brands and stakeholders by talking and collaborating with them.
Nowadays, communication is a two-side path, employees have much more to say and brand managers have to fuel that relationship and get stakeholders to engage and feel that they also “own” the brands.
Brands want to innovate, surprise and be admired. However, it is not only a matter of launching new products and services, but new processes, models and ideas. Trust is key factor when trying to create a constant and permanent creativity and innovation atmosphere, since it helps to dialogue and exchanging, main basis of a collaboration process.
The character and DNA of a company should be expressed through their actions and ideas, and those will shape the view that customers, stakeholders and society have about the brand. The sum of these considerations will be translated into the reputation of the brand. Hence, the important role of co-creation and innovation when promoting a brand.
Brand managers tend to overvalue reward influence but, as Ind says, what motivates professionals the most is to participate, socialize and do something that is worth it. It is an essential requirement to get employees engaged turning them into the most important brand ambassadors. Because of this, the organization will achieve three main goals: product and services innovation, brand value reinforcement and improvement of financial results.
Co-creation process can be divided into two stages (the thinking stage and the implementing stage) and help brands to be owned by users, by speaking and collaborating with them in order to create and develop those things that really affect them and are important for them
Portfolio of Corporate Communication for private, public and non profit organizations in different sectors: Civil Construction, Telecommunication, Health, Agriculture, housing, Real state, Opinion maker, volunteer, etc..
Reputation is probably the most important asset owned by a company, and not only because it attracts and retains the best resources, but also because it leverages the value of the company’s unique character and identity by showing how well the company manages to align its external perception with the internal reality.
This document was prepared by Corporate Excellence and among other sources contains references to Corporate Reputation and Competitiveness by Gary Davies and Rosa Chun, Professors at the University of Manchester (the UK) and the IMD Business School (Switzerland), respectively, and published by Routledge in 2003.
The role of the Corporate Communication Director or Chief Communications Officer is gaining more weight in organisations, combining various strategic functions from managing some key intangibles, such as brand and reputation, to communication
Marketing is not effective and no longer yields expected results, advertising has become trite and ineffective, traditional public relations fail to reach new audiences and digital communities, communication tools used by companies in the past lost a good part of their capacity to generate value and are no longer useful for companies because the rules of the game have changed.
This document was prepared by Corporate Excellence – Centre for Reputation Leadership and contains references, among other sources, to the statements made by Joan Costa, an expert on communication, design, sociology, profesor of the University of Mexico and a member of the Corporate Excellence Board, during the panel discussion titled “Communication Innovations in Business and the Mass Media”, organised at the Faculty of Information Sciences, Complutense University in Madrid, on April 10, 2012, and his book “El Dircom hoy” (Communications Director Today) published by CPC Editor.
Basic Understanding Corporate Communication and Content King A. Wellington
This presentation was delivered to students of University of Ghana during a Communication and Social Media Seminar organized at the school. One objective was to introduce the students to Corporate Communication and what it means to today's organization.
Brands are managed and defined by people much more than by organizations themselves: employees shape how brands are seen and clients support or attack brands according to their personal experience and have an impact on companies’ reputation.
‘Brand Together’ by Nicholas Ind, Professor at the Business School in Oslo (Norway), written together with Clare Fuller and Charles Trevail defends that companies won’t reach their stakeholders and be successful by relying on mass advertising but through an authentic engagement and co-creation processes that build stronger bonds between brands and stakeholders by talking and collaborating with them.
Nowadays, communication is a two-side path, employees have much more to say and brand managers have to fuel that relationship and get stakeholders to engage and feel that they also “own” the brands.
Brands want to innovate, surprise and be admired. However, it is not only a matter of launching new products and services, but new processes, models and ideas. Trust is key factor when trying to create a constant and permanent creativity and innovation atmosphere, since it helps to dialogue and exchanging, main basis of a collaboration process.
The character and DNA of a company should be expressed through their actions and ideas, and those will shape the view that customers, stakeholders and society have about the brand. The sum of these considerations will be translated into the reputation of the brand. Hence, the important role of co-creation and innovation when promoting a brand.
Brand managers tend to overvalue reward influence but, as Ind says, what motivates professionals the most is to participate, socialize and do something that is worth it. It is an essential requirement to get employees engaged turning them into the most important brand ambassadors. Because of this, the organization will achieve three main goals: product and services innovation, brand value reinforcement and improvement of financial results.
Co-creation process can be divided into two stages (the thinking stage and the implementing stage) and help brands to be owned by users, by speaking and collaborating with them in order to create and develop those things that really affect them and are important for them
Portfolio of Corporate Communication for private, public and non profit organizations in different sectors: Civil Construction, Telecommunication, Health, Agriculture, housing, Real state, Opinion maker, volunteer, etc..
Marketing For Talent: The New Frontier, SMPS, Marketer, August 2014Maribel Castillo
Feature article by Marjanne Pearson and Mike Plotnick that discusses the importance of A/E/C marketers taking "a leadership role in shaping the future of our firms by actively engaging in the pursuit of talent." Highlights T.Y. Lin International's LinkedIn advertising and recruiting campaign.
Corporate Communication is described by some experts as framework in which all communication specialists, namely Marketing, Organizational and Management integrate the totality of the organizational message, thereby helping to define the Corporate Image as means to improve corporate performance
This document was prepared by Corporate Excellence – Centre for Reputation Leadership, and among other sources, contains references to the 6th edition of Corporate Communication, a book written by Professor Paul A. Argenti from the Tuck Business School of Dartmouth University, New Hampshire (USA) and published by McGraw Hill in 2013.
PR and its role in communicating corporate social responsibilitiesRaja Sarkar
Corporate social responsibility and public relations are nowadays vital cogs in the wheels of communicational
and image activity of companies within the context of communities where they operate. Both concepts refer,
each in its own representative way, to the process through which organizations choose to communicate with the
various stakeholders involved in their activity. While public relations propose to build and maintain a long term
positive image, reputation and popularity of the company, so that all categories of public have a most
transparent and clear vision of the company and its activity, corporate social responsibility intends to meet
various social problems facing the communities where the company operates in order to help improve their
quality of life. Producing high-quality goods or services is no longer enough to fully succeed in today’s
corporate environment. Corporations are increasingly expected to act ethically in a manner that benefits all
stakeholders in their surrounding communities. As an intermediary between corporations and stakeholders,
public relation is often involved in realizing these societal pressures. Despite these rising expectations and the
abundance of academic research on the topic, confusion and uncertainty continue to surround the popular
concept of corporate social responsibility and its relationship to public relations. The present paper will analyze
how far corporate social responsibility can be an effective medium to build public relations.
Mit Convergence Ahead: The Integration of Communication and Marketing präsentiert Weber Shandwick eine qualitative Studie, die den Blick für die zunehmende Überschneidung von Kommunikation und Marketing schärft. Convergence Ahead untersucht die Erfahrungen von Führungskräften, die diese traditionellen Silo-Funktionen bereits erfolgreich zusammengeführt haben.
Für die Studie wurden telefonische Tiefeninterviews mit Kommunikations- und Marketingverantwortlichen (CCMOs bzw. CMCOs) geführt, die in ihrem Unternehmen für die erfolgreiche Bündelung dieser beiden Aufgabenbereiche verantwortlich zeichnen. Als treibende Faktoren für die Konvergenz wurden neben der immer komplexer werdenden Medienwelt auch sich rasant entwickelnde soziale und digitale Technologien sowie die zunehmende Überschneidung von Marke und Reputation identifiziert. Die Studie zeigt neben diesen Faktoren auch Chancen und Herausforderungen einer solchen Strukturveränderung.
In Convergence Ahead hat Weber Shandwick anhand der CCMO-Erfahrungen einen Sechs-Stufen-Plan für eine erfolgreiche Fusion von Kommunikation und Marketing entwickelt.
Keynote CCI 2015 conference Reflection on Corporate CommunicationWim2305
This presentation Ten years at the helm of Corporate Communications an international journal, in which I reflect on the state of the profession and study into Corporate Communication and reflect upon the current state of CCIJ the Journal.
Corporate communication is a set of activities involved in managing and orchestrating all internal and external communications aimed at creating favorable point of view among stakeholders on which the company depends.
웨버 샌드윅(Weber Shandwick) 본사에서 새로운 글로벌 리포트, “The Convergence Ahead : The Integration of Communications and Marketing” 발표하여, 리포트 내용 중 주요 포인트를 공유합니다.
해당 리포트는 2013년 10월부터 2014년 3월까지 약 6개월 기간 동안 미국, 유럽, 아시아-태평양 등 주요 글로벌 기업 내 최고 커뮤니케이션 경영자(CCO) 와 최고 마케팅 경영자(CMO)를 대상으로 전화인터뷰를 실시해서 완성되었다.
디지털 미디어 시대의 도래로 인해, 기업 및 브랜드와 기업 인지도의 상관 관계는 더욱 밀접해지고 있으며, 이에 따라, 기업 커뮤니케이션/ 마케팅 커뮤니케이션 활동에도 변화가 필요하게 되었다. 전통적으로 독자적인 영역이었던 두 부문이 서로의 영역 구분이 모호해지고 있음을 설문 참여 대상자들이 해당 리포트에서 확인시켜 주고 있다. 이미 이러한 커뮤니케이션 변화를 예상하고, 해당 변화에 대응하고자 몇몇 글로벌 기업들은 최고 커뮤니케이션 & 마케팅 경영자(CCMO, Chief Communication & Marketing Officer)라는 통합 직급을 새롭게 만들었으며, 본 리포트에는 CCMO의 경험을 기반으로 정리된 유익한 정보를 담고 있다.
해당 리포트에서는 기업 커뮤니케이션 & 마케팅 커뮤니케이션이 수렴화되는 트렌드(Convergence Trend)가 도래하게 된 배경을 분석하였을 뿐 아니라, CCMO의 성공적인 Convergence 를 위해 참고가 필요한 사항들을 6가지로 정리했으며, 주요 내용은 다음과 같다.
기업 커뮤니케이션과 마케팅 커뮤니케이션 활동의 성공적인 수렴화를 위한 6단계:
Consider Convergence for Strategic advantage: 두 커뮤니케이션 분야가 수렴화를 통해 얻을 수 있는 전략적 혜택을 고려하라
Start with a shared vision and mission: 조직에서 서로가 합의된 목표와 비전을 갖고 시작하라. 브랜드의 정체성을 정의한 후, 두 커뮤니케이션 부문의 수렴화를 진행하는 이유와 목표를 조직에 공유시켜야 한다
Evangelize widely and deeply: 각 부문 리더, 외부 관계자, 주요 클라이언트의 니즈를 파악하고 새로운 미션을 조직 내에 널리 알려야 한다.
Govern the integration: 통합된 조직을 탄생 시키기 위해서는, 각 부서를 통합 관리하는 능력이 필요하다.
Move quickly but planfully: 새로운 통합 과정이 조직 내에서 스무스하게 진행될 수 있도록, 본인과 팀의 능력을 믿고, 계획하에서 신속히 움직여라.
Celebrate successes early and often: 변화에서 얻게 되는 가시적인 성과와 혜택을 조직 내에 자주 보여주고 공유할 수 있는 방안을 찾아야 한다. CCMO 들은 성과가 있는 부분은 내부적으로 프로모션하고, 또 다른 성과를 이끌어내어야 한다.
Traditional communication is giving way to innovative approaches and tools that are shaping a new kind of communication focused on people.
Corporate communication is transforming into a dialogue that promotes listening and learning due to the social changes accelerated by new technologies, stakeholders’ extensive experience of relations with companies, globalization and the opening of different markets.
Communication and reputation management are based currently on a positive promotion and need to be open to share its business experience, culture and projects. Now the aim is to create real connections and achieve explicit support by upholding causes that go beyond purely business and economic goals.
According to Interbrand, brand accounts for 38% of a company’s total value and it is important ton consider it as a key element that forms commitment and long-term attachment by stakeholders.
There are ten dimensions determine a brand’s strength and its position in the market and the society: relevance, authenticity, accessibility, differentiation, consistency, exposure, clarity, commitment, responsiveness and protection.
Companies need to understand that brands can transform and improve societies. But in order to achieve this level, organizations need to behave seriously, coherently and ethically to improve their reputational profile in the eyes of the society and their stakeholders.
To better understand how this affects communication, this document explains the case of Nestlé: Several years ago some brand attributes of the company started deteriorating because they were associated with some burning international problems, such as child labour and fair trade. This delivered a blow to the company’s reputation and urged the company to strengthen its leadership in the area, reinstating its positive and ethical association with nutrition.
Besides, the role of the Communications Director is acquiring increasingly strategic and holistic perspective which in practice means the following: more globalization and responsibility, more listening and transparency, more coordination and reputation, more development and adaptation.
Communication in its traditional form is no longer useful. Pure communication is not able to create a link with the stakeholders and influence the society. In order to achieve it, companies simply have to do what they say rather than talk about what they will do in future. Intangible assets, especially identity and reputation, allow companies to align the discourse and the project in a mutually beneficial dialogue. Values should not only be stated, but also practiced in everyday activities.
As the old saying goes, if you don’t communicate, you don’t exist. Today, inorder to bring this idea up-to-date, we may say that we don’t exist if we don’t communicate internationally. Internationalization as well as the digital world and management of risks associated with these environments, are fundamental for a new communication that professionals are facing today.
This document was prepared by Corporate Excellence – Centre for Reputation Leadership and contains references to the 2013 European Communication Monitor, drawn up by the European Public Relations Education and Research Association (Euprera), the European Association of Communication Directors (EACD), and sponsored by Ketchum-Pleon.
Marketing For Talent: The New Frontier, SMPS, Marketer, August 2014Maribel Castillo
Feature article by Marjanne Pearson and Mike Plotnick that discusses the importance of A/E/C marketers taking "a leadership role in shaping the future of our firms by actively engaging in the pursuit of talent." Highlights T.Y. Lin International's LinkedIn advertising and recruiting campaign.
Corporate Communication is described by some experts as framework in which all communication specialists, namely Marketing, Organizational and Management integrate the totality of the organizational message, thereby helping to define the Corporate Image as means to improve corporate performance
This document was prepared by Corporate Excellence – Centre for Reputation Leadership, and among other sources, contains references to the 6th edition of Corporate Communication, a book written by Professor Paul A. Argenti from the Tuck Business School of Dartmouth University, New Hampshire (USA) and published by McGraw Hill in 2013.
PR and its role in communicating corporate social responsibilitiesRaja Sarkar
Corporate social responsibility and public relations are nowadays vital cogs in the wheels of communicational
and image activity of companies within the context of communities where they operate. Both concepts refer,
each in its own representative way, to the process through which organizations choose to communicate with the
various stakeholders involved in their activity. While public relations propose to build and maintain a long term
positive image, reputation and popularity of the company, so that all categories of public have a most
transparent and clear vision of the company and its activity, corporate social responsibility intends to meet
various social problems facing the communities where the company operates in order to help improve their
quality of life. Producing high-quality goods or services is no longer enough to fully succeed in today’s
corporate environment. Corporations are increasingly expected to act ethically in a manner that benefits all
stakeholders in their surrounding communities. As an intermediary between corporations and stakeholders,
public relation is often involved in realizing these societal pressures. Despite these rising expectations and the
abundance of academic research on the topic, confusion and uncertainty continue to surround the popular
concept of corporate social responsibility and its relationship to public relations. The present paper will analyze
how far corporate social responsibility can be an effective medium to build public relations.
Mit Convergence Ahead: The Integration of Communication and Marketing präsentiert Weber Shandwick eine qualitative Studie, die den Blick für die zunehmende Überschneidung von Kommunikation und Marketing schärft. Convergence Ahead untersucht die Erfahrungen von Führungskräften, die diese traditionellen Silo-Funktionen bereits erfolgreich zusammengeführt haben.
Für die Studie wurden telefonische Tiefeninterviews mit Kommunikations- und Marketingverantwortlichen (CCMOs bzw. CMCOs) geführt, die in ihrem Unternehmen für die erfolgreiche Bündelung dieser beiden Aufgabenbereiche verantwortlich zeichnen. Als treibende Faktoren für die Konvergenz wurden neben der immer komplexer werdenden Medienwelt auch sich rasant entwickelnde soziale und digitale Technologien sowie die zunehmende Überschneidung von Marke und Reputation identifiziert. Die Studie zeigt neben diesen Faktoren auch Chancen und Herausforderungen einer solchen Strukturveränderung.
In Convergence Ahead hat Weber Shandwick anhand der CCMO-Erfahrungen einen Sechs-Stufen-Plan für eine erfolgreiche Fusion von Kommunikation und Marketing entwickelt.
Keynote CCI 2015 conference Reflection on Corporate CommunicationWim2305
This presentation Ten years at the helm of Corporate Communications an international journal, in which I reflect on the state of the profession and study into Corporate Communication and reflect upon the current state of CCIJ the Journal.
Corporate communication is a set of activities involved in managing and orchestrating all internal and external communications aimed at creating favorable point of view among stakeholders on which the company depends.
웨버 샌드윅(Weber Shandwick) 본사에서 새로운 글로벌 리포트, “The Convergence Ahead : The Integration of Communications and Marketing” 발표하여, 리포트 내용 중 주요 포인트를 공유합니다.
해당 리포트는 2013년 10월부터 2014년 3월까지 약 6개월 기간 동안 미국, 유럽, 아시아-태평양 등 주요 글로벌 기업 내 최고 커뮤니케이션 경영자(CCO) 와 최고 마케팅 경영자(CMO)를 대상으로 전화인터뷰를 실시해서 완성되었다.
디지털 미디어 시대의 도래로 인해, 기업 및 브랜드와 기업 인지도의 상관 관계는 더욱 밀접해지고 있으며, 이에 따라, 기업 커뮤니케이션/ 마케팅 커뮤니케이션 활동에도 변화가 필요하게 되었다. 전통적으로 독자적인 영역이었던 두 부문이 서로의 영역 구분이 모호해지고 있음을 설문 참여 대상자들이 해당 리포트에서 확인시켜 주고 있다. 이미 이러한 커뮤니케이션 변화를 예상하고, 해당 변화에 대응하고자 몇몇 글로벌 기업들은 최고 커뮤니케이션 & 마케팅 경영자(CCMO, Chief Communication & Marketing Officer)라는 통합 직급을 새롭게 만들었으며, 본 리포트에는 CCMO의 경험을 기반으로 정리된 유익한 정보를 담고 있다.
해당 리포트에서는 기업 커뮤니케이션 & 마케팅 커뮤니케이션이 수렴화되는 트렌드(Convergence Trend)가 도래하게 된 배경을 분석하였을 뿐 아니라, CCMO의 성공적인 Convergence 를 위해 참고가 필요한 사항들을 6가지로 정리했으며, 주요 내용은 다음과 같다.
기업 커뮤니케이션과 마케팅 커뮤니케이션 활동의 성공적인 수렴화를 위한 6단계:
Consider Convergence for Strategic advantage: 두 커뮤니케이션 분야가 수렴화를 통해 얻을 수 있는 전략적 혜택을 고려하라
Start with a shared vision and mission: 조직에서 서로가 합의된 목표와 비전을 갖고 시작하라. 브랜드의 정체성을 정의한 후, 두 커뮤니케이션 부문의 수렴화를 진행하는 이유와 목표를 조직에 공유시켜야 한다
Evangelize widely and deeply: 각 부문 리더, 외부 관계자, 주요 클라이언트의 니즈를 파악하고 새로운 미션을 조직 내에 널리 알려야 한다.
Govern the integration: 통합된 조직을 탄생 시키기 위해서는, 각 부서를 통합 관리하는 능력이 필요하다.
Move quickly but planfully: 새로운 통합 과정이 조직 내에서 스무스하게 진행될 수 있도록, 본인과 팀의 능력을 믿고, 계획하에서 신속히 움직여라.
Celebrate successes early and often: 변화에서 얻게 되는 가시적인 성과와 혜택을 조직 내에 자주 보여주고 공유할 수 있는 방안을 찾아야 한다. CCMO 들은 성과가 있는 부분은 내부적으로 프로모션하고, 또 다른 성과를 이끌어내어야 한다.
Traditional communication is giving way to innovative approaches and tools that are shaping a new kind of communication focused on people.
Corporate communication is transforming into a dialogue that promotes listening and learning due to the social changes accelerated by new technologies, stakeholders’ extensive experience of relations with companies, globalization and the opening of different markets.
Communication and reputation management are based currently on a positive promotion and need to be open to share its business experience, culture and projects. Now the aim is to create real connections and achieve explicit support by upholding causes that go beyond purely business and economic goals.
According to Interbrand, brand accounts for 38% of a company’s total value and it is important ton consider it as a key element that forms commitment and long-term attachment by stakeholders.
There are ten dimensions determine a brand’s strength and its position in the market and the society: relevance, authenticity, accessibility, differentiation, consistency, exposure, clarity, commitment, responsiveness and protection.
Companies need to understand that brands can transform and improve societies. But in order to achieve this level, organizations need to behave seriously, coherently and ethically to improve their reputational profile in the eyes of the society and their stakeholders.
To better understand how this affects communication, this document explains the case of Nestlé: Several years ago some brand attributes of the company started deteriorating because they were associated with some burning international problems, such as child labour and fair trade. This delivered a blow to the company’s reputation and urged the company to strengthen its leadership in the area, reinstating its positive and ethical association with nutrition.
Besides, the role of the Communications Director is acquiring increasingly strategic and holistic perspective which in practice means the following: more globalization and responsibility, more listening and transparency, more coordination and reputation, more development and adaptation.
Communication in its traditional form is no longer useful. Pure communication is not able to create a link with the stakeholders and influence the society. In order to achieve it, companies simply have to do what they say rather than talk about what they will do in future. Intangible assets, especially identity and reputation, allow companies to align the discourse and the project in a mutually beneficial dialogue. Values should not only be stated, but also practiced in everyday activities.
As the old saying goes, if you don’t communicate, you don’t exist. Today, inorder to bring this idea up-to-date, we may say that we don’t exist if we don’t communicate internationally. Internationalization as well as the digital world and management of risks associated with these environments, are fundamental for a new communication that professionals are facing today.
This document was prepared by Corporate Excellence – Centre for Reputation Leadership and contains references to the 2013 European Communication Monitor, drawn up by the European Public Relations Education and Research Association (Euprera), the European Association of Communication Directors (EACD), and sponsored by Ketchum-Pleon.
Cases Corporate Excellence
What is key for making social activity an important element in developing a CSR policy? How can these policies be aligned with business objectives? How can one differentiate social activity from pure marketing or sponsorship?
In the recent debate, it seems that those are right who believe that the objective of CSR is risk management and creating opportunities in the social, economic, environmental and labour dimensions of the enterprises. But if this management is being developed only as a function of a company’s interests with the objective to improve its performance and financial results, it may help to achieve management excellence, but will not make the company a socially responsible actor. In order to be recognized as a socially responsible company, it’s important to take into account not only internal benefits, but also the benefits of various stakeholders, especially the benefits of the society itself.
These observations are especially important in the context of an increased activity of foundations pertaining to different companies
Corporate Excellence - Centre for Reputation Leadership ha organizado una conferencia para el próximo 30 de enero que contará con la participación del académico Cees van Riel, profesor de Comunicación Corporativa en la Rotterdam School of Management y vicepresidente de Reputation Institute.
El acto se desarrollará en el Auditorio de ESADE. En el acto presentaremos una investigación muy relevante sobre los factores de éxito que marcarán el futuro de los Directores de Comunicación.
Se trata de una investigación internacional en la que han participado 117 Directores de Comunicación de las empresas más reputadas de Estados Unidos, Reino Unido, Alemania, Francia, España, Italia, Países Bajos, y países relevantes de América Latina, como Brasil, México, y Chile.
Las plazas son limitadas por lo que te animamos a que reserves la fecha en tu agenda y contactes lo antes posible con Marina Fernández (marina.fernandez@corporateexcellence.org) para garantizar tu plaza.
Branding evolved from the focus on the visual design, logos, symbols, colours and fonts to a broader concept, where strategy plays a fundamental role. Brands became the drivers of differentiation and reputation and a key action tool.
Brands are essential for establishing relations between companies and their stakeholders. They generate links and create connections, which enable companies to obtain support, trust and cooperation of their stakeholders and thus create value and become the cornerstones of the business strategy.
Thesis Corporate Excellence
The image of Spain, generated and maintained by the most influential business periodicals in the world, has suffered a progressive and profound setback during the last several years. Such is the conclusion of the author of The Image of Spain in the Leading Economic Periodicals PhD thesis, which analyses around 1,300 articles about Spain published in The Wall Street Journal and The Financial Times in 2007, 2008, 2009 and 2010.
If in the end of 2007 Spain projected an image of an attractive, dynamic and solvent country, largely due to the dynamic activity of its enterprises abroad, in the following years the perception changed radically, and according to the author, the evaluation of Spain today may be labelled as unfavourable.
Thus the image of Spain has suffered a profound setback which may accelerate in the medium term. However, despite this general deterioration of the image, Spanish companies such as Banco Santander, BBVA, Telefónica and Iberia have managed to distance themselves from the negative image of the country and have been given neutral or positive treatment by the two analysed periodicals
Tesis Corporate Excellence
The concept of corporate image has had critical influence in the evolution of methodologies for measuring reputation. More than 40% of dimensions and attributes are directly linked to this concept, leading to an underestimation of the impact of corporate identity on the reputation.
The doctoral thesis titled Creating a New Multistakeholder Methodology for Measuring Corporate Reputation analyses dimensions and attributes, or variables that constitute the main existing methodologies: Fortune AMAC, Fortune WMAC, Merco, Corporate Reputation Quotient (CRQ) and RepTrak, in an attempt to create a new methodology and determine the weight of both concepts – identity and image
Communication and technology are proving to be the true engines for progress nowadays. Today, the big challenge for companies is to understand and manage their context.
Thus, the figure of influencers is essential for companies, who consider them as a basic active for brands because of their ability to influence through the new digital channels.
It is also important to understand that this new context promotes communication models based on the contents, corporate values or business ethics. Storytelling is, in this sense, an important element that helps audiences establish their view of reality, generate human emotions associated to the brand and in consequence create feedback as feelings, which favour the consumers’ engagement.
In this context, employee alignment is fundamental for any company. It is also very positive to have clearly defined mission, vision, and values. Working atmosphere is also important as it impacts on business outcomes and helps a company to gain a better reputation among its key stakeholders. It is essential to promote innovation and a values-oriented leadership.
This new upcoming landscape is based on the speed at which change overcomes, and a large volume of available, varied information. These three axes unveil a business management model in tune with the times and in a decidedly technological environment. Consequently, Big Data has transformed the world as we knew it, turning users into content managers. Besides, the new technological context and the arrival of Big Data have also had important consequences in the IT field. Besides, the new technological context and the arrival of Big Data has also had important consequences in the IT field.
Listening to the public is the government’s juridical responsibility and all management must display an integrating attitude, organising and managing the large volumes of available information that is within our reach. Technologic development becomes a useful tool to measure, evaluate and control the different scenarios that can arise in business but which, at the same time, current circumstances demand a very person-oriented focus.
Under this framework, companies need to bear in mind the important role employees play, vouching for their business project and their company’s competitiveness within the market.
The phenomenon of brands has transformed the economy and people’s way of life all around the world. Brands constitute part of both the economic dimension (as a business tool) and the social dimension (as a sociological phenomenon) and have the power to change them.
Martin Kornberger, Professor at the Copenhagen Business School, in his book “Brand Society” defends that brands are used to obtain immediate economic returns rather than to transform the society and people’s lives that in turn would lead to economic results and it’s time to change the situation and try to establish close and well-coordinated relations between producers and consumers.
Nowadays, brands represent a new form of organising production and managing consumption and are transcending their habitual domain (organisation) and stretch the borders of influence. They should conform to a formula that combines magic and logic, this is, brands need to provide solutions for improving our lives and at the same time leave impressions in our lives.
The monopoly of businesses for instituting organisation and production is giving way to creativity of communities and social networks. Boundaries between the internal and external are disappearing, enabling greater interaction between stakeholders. Organisational culture is changing towards lower fragmentation and fewer internal divisions. Management is no longer governed by the ideas of authority and control, and includes more elements of autonomy and cooperation.
Regarding this aspect, brands challenge the traditional identity of companies, their capacity to innovate and their organisational culture by putting them in touch with new realities and needs and helping them to understand the changes in the society, economy and capitalism.
Capitalism used to be cold, rational and mechanical. Brands, on the contrary, encourage companies to be more approachable, emotional and organic and drive management through identity, values and life style and act as a link between business and culture that has been missing up until now,
Expectations of stakeholders, and customers in particular, have grown in what concerns design. Ikea, Apple, Google or Starbucks are some of the companies that have understood how to effectively associate the design with their brands and have understood that now brands have to express beauty and be beautiful.
To conclude, Kornberger explains the way psychology, sociology and economy converge; they
transform the way people live and consume as well as the way companies produce goods.
There is no doubt about the importance of brand, and yet more research is needed in the area in order to enable brands accomplish their mission: combine the social and economic dimensions in order to create value.
Profits for a company are like red blood cells for people, but are profits the only thing that matters? Life needs other motivation reasons that would inspire stakeholders to trust and love those companies that have a superior life purpose that determines their behaviour.
This document was prepared by Corporate Excellence – Centre for Reputation Leadership, and contains references to Conscious Capitalism by John Mackey, Co-CEO of Whole Food Market, and Raj Sisodia published by Harvard Business Review Press in 2013.
This document analyses the role of the social media in communications about a company’s innovations, identifies the most important tools that facilitate this communication and suggests how can innovation generate value for a brand, wondering what is the effective way of identifying innovation assets of a company from the viewpoint of communication.
In Spain reference models in social and professional terms are about search for secure employment in public administrations and large companies. Media in Spain pay less attention to entrepreneurship (especially when it comes to new companies or start-ups)
In order to achieve significant changes in this issue, it is necessary to change the existing paradigm and be able to transform information into knowledge.
This change implies stimulation of entrepreneurship and innovation at the family, school and public levels apart from the corporate level; emphasize close relationship between large, medium and small companies as well as the public and private sectors; provide incentives and financial support for news media that report about innovation; promote traditional and digital journalism specializing in these themes.
Objectives and strategy are the key starting points for planning communication that should conform to the general communication policy of the company. Once this is set, the rest of the key elements are related to creativity and implementation.
Thus innovation objectives should be linked to the company’s strategy and all departments should actively participate in the process of innovation, removing traditional divisional barriers.
Storytelling is vital at the initial stage, and acts as a focal point that determines the rest of communication and content generation tools through platforms developed for co-creation with customers, face-to-face meetings, etc.
In all these media and channels, it is important to control all messages at all stages of the innovation value chain, aligning them with the character of the company and its values, especially those related to transparency, sincerity, the skills to be faster than competitors and be able to keep track of investments.
Managing information and sharing knowledge are key elements for any internal communication policy, and their importance increases when it comes to facilitating innovation and doing it openly, in conjunction with external professionals.
In the world of Internet communication, content is key. But it is also necessary to identify the messages of this content or to know what media and channels are adequate for communications about innovation.
Los analistas e inversores utilizan un gran número de indicadores e índices cada vez más complejos para tomar decisiones en materia de inversión. En este sentido, han proliferado distintos índices de sostenibilidad, de diferente naturaleza y con distintos objetivos y mecanismos de evaluación (tales como el Dow Jones Sustainability Index, FTSE4 Good, MSCI Index, Goldman Sachs GS Sustain, Carbon Disclousure Project, Sustainalytics, entre otros). En este contexto existe una clara necesidad, por parte de las empresas, de disponer de metodologías y herramientas que faciliten el tratamiento y gestión de la información publicada por los principales Analistas de Sostenibilidad. Información que es relevante para la empresa y que afecta a la toma de decisiones por parte de los inversores a la hora de operar en el mercado.
El Índice Sintético de Sostenibilidad, una iniciativa de BBVA y PwC, responde a esta necesidad.
Estudio elaborador por el Instituto Korn/Ferry sobre la figura del Chief Communications Officer a partir de una encuesta global a los principales directivos de las compañías de Fortune 500
Documento elaborado por Corporate Excellence - Centre for Reputation Leadership citando, entre otras fuentes, la obra Brand Psychology
escrita por Jonathan Gabay, consultor y profesor británico experto en Marca, Reputación y Comunicación, y publicada por Kogan Page en 2015.
This document was developed by Corporate Excellence – Centre for Reputation Leadership and among other sources contains references to
the book Brand Psychology written by Jonathan Gabay, British lecturer and expert in Brand, Reputation and Communication and published by Kogan Page in 2015.
Companies and institutions want to gain external credibility, but this is not possiblewithout achieving first internal credibility, without being coherent and consistent inregard to what is done inside and what is demonstrated outside. The goal is clear: ifreputation is contrasted with prescription, employees have to be the first defenders.
Due to the impact of the crisis in many Westerncountries, the benchmark for some companies thatwere unique in recognition because of its ability togenerate attraction and fidelity of talent has significantlydropped. The feeling of many employees ashostages in an unwanted situation, or the workersdismissal leads to rethink some of the bases onwhich people managing is based in organizations,according to the director of HR Reale Seguros,Alfredo Núñez.
This document was prepared by Corporate Excellence – Centre for Repuation Leadership and contains references, among other sources, to the statements made by Pepa Rodríguez, Corporate Communications Manager of British American Tobacco), to Marina Gonzalez,Internal Communication Officer of Endesa, Conchita Gassó, Familiy Office of GAES, by Susana Gómez, Human Resources Director,Kellogg Iberia and Alfredo Núñez Director of HR Reale Seguros during the 32th Conference on Internal Communication Stewards heldby Instituto de Empresa and Corresponsables in Madrid on September 20, 2012.
Traditional institutions are undergoing a crisis of leadership as a result of reputational rows. Only one out of five people polled internationally for the Trust Barometer report carried out by Edelman every year believe that a business leader or a politician say the truth when facing a sensitive situation.
Alan Van der Molen, Edelman’s Global Vice President, believes that these data clearly reflect that while trust in institutions – companies and governments – is low, it is even lower with respect to those people who manage and represent these institutions: in the case of politicians and governments the difference is 28 ppt. That is why leaders are advised to change their leadership style and introduce more open, participative and inclusive elements in their leadership behaviour, thus encouraging dialogue, transparency and awareness of the opinions of different stakeholder groups.
This document was prepared by Corporate Excellence – Centre for Reputation Leadership and contains references to the statements of Alan Van der Molen, Edelman’s Global Vice President, Ángel Alloza, CEO of Corporate Excellence, Alberto Andreu, Telefónica’s Director for Corporate Reputation, Institutional Relations and Social Innovations, Alberto Artero, Director of Elconfidencial.com, and Ana Sainz, General Director of Seres Foundatio, made during the presentation of 2013 Edelman Trust Barometer 2013 held in Madrid.
The processes of brand creation, development and positioning have changed a lot due to the changes in the environment. At the same time, the public and stakeholders grow increasingly diverse, active and omnipresent and there are more channels that people use to access information and interact. In this context, the most important challenge is to find the right meeting point between the brand and the stakeholder.
Companies need to better understand their stakeholders and break them down into groups to be able to adapt their messages and create a conversation. In the search for improved communication with their stakeholders, organizations sooner or later realize that the most efficient and optimal way of transmitting messages is the new approach that came to be known as “brand journalism”.
Brand journalism is defined as creation of a company’s own information channels which help to establish a personal and direct contact with the stakeholders and even turn them from passive recipients of information into active interlocutors. This means that traditional media is losing their grip and turn into intermediaries when it comes to transmission of messages and informing stakeholders about issues related to organizations.
Companies have turned into a new communication medium and the main challenge for them is to ensure reliable and transparent communication and contents that are valuable for their stakeholders so they feel encouraged to voluntarily share them with their friends, family members and all persons and institutions they are linked to.
Since we are immersed in the economy of attention, content should add value and differentiate the company. Many companies are now co-creating content with their audiences. This helps to make the content truly relevant and turns stakeholders into a medium of their own.
Brand journalism is different from marketing, advertising and propaganda regarding format, content and goals. Brand journalism seeks to grow intangible assets such as exposure, reputation and branding. Positive perception of the company by the public then naturally leads to an increase in sales.
There are good examples to better understand brand journalism such as Red Bull's Stratos project with Felix Baumgartner jumping from the stratosphere, or the agreement between Unilever and The Guardian.
While the mass media industry is going through a severe crisis and a deep transformation, new links, mergers and business models and being formed between journalism and brands. Thus, using brand journalism to communicate with the company's stakeholders represents a great potential and offers new opportunities and benefits.
Llorente & Cuenca published a report titled Brand Journalism and Corporate Reputation, which highlights the ambiguities and challenges associated with these concepts. The report breaks its analysis of brand journalism down into six hypotheses explained in the full document.
Coherence of identity and reputation is essentially a reflection of a conscious decision-making process and profound knowledge of problems, demands and expectations of the company’s stakeholders.
Although it also depends on the context, reputation is the direct result of the company’s identity.
Reputation is associated with a good economic and ethical behaviour as a result of awareness about the social problems that a company faces by relating to its stakeholders.
However, Corporate Social Responsibility is driven also by organizational values, which eventually determine the company’s behaviour implemented by its directors, executives and employees.
The main cultural change that occurred in the last few years in the management discourse is the need of a responsible approach in business, developing a long-term vision, a well-balanced relationship with the society and evaluating of the impact of this relationship on the society. Microbank, for example, a project by La Caixa, is already taking this approach.
There is clearly higher demand for a corporate behaviour concerned about the problems of individuals. That’s why companies should take extreme care about coherence of their discourse and the actual corporate behaviour because ultimately, it determines the brand value.
To be able to be aware of the problems and needs of their stakeholders, companies need to focus on employees first and develop a more human approach. BBVA is a clear example of this perspective.
The second step is developing a powerful story that is consistent with the company’s identity and also able to clearly explain the objective of the project and its positive impact for the society and the firm.
The third step is to use this story to project some meaningful and consistent messages that reach different stakeholders and lead them to advocate for the company.
Unrealistic promises that banks gave to their customers and shareholders during the real estate bubble and before the financial crisis have led to a dramatic loss of trust and reputation.
A good example in this context is the brand of Spain - the country brand that is making an important effort to recover the country’s reputation lost during the real estate and financial crisis in international markets. It initial external focus is now being redirected to capture internal stakeholders and recover the country’s reputation with its own citizens.
Loss of trust in institutions and business as well as their leaders is a fact of the new reality. That’s why, in an attempt to meet the challenge of the ethical revolution,
companies are anxious to review their management and communication strategies towards improved attitudes and behaviours
Organizational values should turn into real attitudes and behaviours grounded in everyday life and interaction with different stakeholder groups.
Clear and decided focus on stakeholders and creation of value for all stakeholder groups in line with their needs and expectations is a key element for building the reputation of many companies in the near future.
Values frequently expressed in different formats and through different communication media should first be experienced within the organization, be integrated into its brand history and company history. They can’t simply be improvised to be used as a short-lived tool in the communication games.
In this sense, CaixaBank is a leading organization in the Spanish banking market for promoting the model of social entities committed to commercial innovation and social and cultural activity through creation of value which includes not only purely economic or mercantile dimensions. It can be read in this document the values that guide its behaviour in the market and the society.
It is more and more important to be coherent between what is said and done and consistent with the company’s beliefs in order to develop a long lasting and successful project.
Four elements should be borne in mind in order to align culture and reputation, and make sure engagement translates into trust: vision and values, identification of stakeholders, monitoring and balanced scorecards and improved organizational processes.
The action plans implemented by Repsol show how important organizational culture is. It is, indeed, one of the aspects that best describes corporate reputation. Idea and personality are the most emotional part of the brand, while culture, vision, values and attributes reflect the rational aspect of what Repsol means for its stakeholders.
Engagement that leads to trust may be achieved by companies through demonstrating their commitment to the creation not only of economic value, but also social value. The social aspect represents both an opportunity and reputational risk, which should be measured, evaluated and considered.
In order to achieve a strong position in the market, a company first has to legitimize its intention to enter, operate and stay in this market. This task comes before building reputation and is accomplished through demonstrating the willingness to create not only economic, but also social value in the country.
“Doing good by being good” is a saying that accurately captures the prevailing perspective and foreseeable future for corporate reputation. Social commitments that companies undertake and try to live up to is a reflection of this trend which implies that alongside economic results, the social impact is a factor that determines ultimate brand value.
Gas Natural Fenosa stands as an of this new panorama, where activities undertaken by a company should be beneficial both for the company and the society.
The role of the Corporate Communication Director or Chief Communications Officer is gaining more weight in organizations, combining various strategic functions from managing some key intangibles, such as brand and reputation, to communication
Marketing is not effective and no longer yields expected results, advertising has become trite and ineffective, traditional public relations fail to reach new audiences and digital communities, communication tools used by companies in the past lost a good part of their capacity to generate value and are no longer useful for companies because the rules of the game have changed.
This document was prepared by Corporate Excellence – Centre for Reputation Leadership and contains references, among other sources, to the statements made by Joan Costa, an expert on communication, design, sociology, professor of the University of Mexico and a member of the Corporate Excellence Board, during the panel discussion titled “Communication Innovations in Business and the Mass Media”, organized at the Faculty of Information Sciences, Complutense University in Madrid, on April 10, 2012, and his book “El Dircom hoy” (Communications Director Today) published by CPC Editor.
Properly reflecting companies’ commitment with sustainable and ethical behaviour is the main challenge of communication in relation to reputation and corporate responsibility. However, that Corporate Social Responsibility (CSR) has to go beyond the mere realization of ‘good deeds’ to become something strategic and integrated into the business.
Through accountability, companies are increasingly communicating the phenomenon of responsibility and ethics in business. This started to happen in the 90s when responsibility was not only concerning economic issues but social, environmental and labour issues within organizations.
This document was prepared by Corporate Excellence – Centre for Reputation Leadership and contains references, among other sources, to the statements made by Larry Parnell, associate Professor of the Graduate School of George Washington University (USA), during the session “New developments and trends in sustainable communication” held by Corporate Excellence, the school of Communication at the University of Navarra and EOI Business School in Madrid on September 19, 2012.
The events of the last two years constitute more than an economic recession. Rather, they shape a global realignment -- "The New Normal." This position papers describes four fundamental areas where change has occurred in society and provides recommended responses for service brands and service marketers.
State of influence 2.0 by Brian Solis and TraackrBrian Solis
A groundbreaking report on the state and future of influencer marketing by Brian Solis and Traackr. What if influencer marketing was more than marketing? What if it was about the end-to-end customer or employee experience?
Welcome to a new era of marketing; an era where brands are shaped by the people who experience them. In a world where most consumers are connected, the experiences that they have and share online collectively shape their perceptions, impressions and actions. To a certain extent, all connected consumers are becoming influential in their own ways.
Influence has never been more import- ant. Every year, global communica- tions marketing firm Edelman pub- lishes its “Trust Barometer” report that captures the sentiment of trust in a variety of industries and scenarios. In its 2017 edition1, Edelman learned that the credibility of CEOs was at its lowest level ever. At the same time, the report found that trust in peers, or “a person like yourself,” is as cred- ible a source of information about a company as a technical or academic expert. Without trust, brand market- ing may fall upon skeptical, distrusting or altogether inattentive audiences.
By partnering with the right influenc- ers, or people who tell the right stories in the right context by delivering value at each step, brands can reach people through those they trust while earning trust in the process.
Resumen ejecutivo realizado por Corporate Excellence a partir del informe The New CCO: Transforming Enterprises in a Changing World, elaborado por Arthur W. Page Society en 2016.
El informe pone de manifiesto la necesidad de una nueva forma de liderazgo para poder navegar con éxito en un nuevo contexto plagado de retos: competidores que se incorporan al mercado y reinventan los modelos de negocio tradicionales, formas de trabajo nunca antes vistas, la transformación en el modo de relacionarnos con el resto de personas y con las organizaciones, el empoderamiento de los grupos de interés…
Entre las causas de la transformación se encuentran la emergencia y maduración de los medios sociales; la demanda para una mayor transparencia; la expansión global en la era del Big Data y de contenidos propios; y la creciente volatilidad social, política y económica, que hacen que el CCO deba estar preparado para liderar y pensar de forma diferente.
Según el informe El nuevo CCO existen cinco tendencias clave que reflejan cómo está cambiando la función de comunicación:
> Cambio en las inversiones
> Mayor integración
> Nuevas funciones
> Nuevas alianzas
> Nuevas métricas e indicadores clave de rendimiento (KPI)
Para liderar con éxito este nuevo ecosistema de relaciones y comunicación, se establecen los siguientes roles para los CCO del futuro:
> El CCO fundacional
> El CCO integrador
> El CCO creador de sistemas digitales de engagement con los grupos de interés
La nueva realidad empresarial exige a los CCO que contribuyan a la dirección estratégica de la empresa, una tarea que implica asumir nuevas responsabilidades y desarrollar nuevas habilidades y conocimientos. Corporate Excellence – Centre for Reputation Leadership comparte los principios establecidos en el «Nuevo Modelo de Comunicación» impulsado por la Arthur W. Page Society, una de las asociaciones de directivos de comunicación más relevantes en el ámbito internacional, con la que además ha firmado un convenio de colaboración junto al Foro para la Investigación y el Conocimiento de la Comunicación, que reúne a las facultades de comunicación de un grupo de universidades españolas y latinoamericanas, para avanzar en la validación académica y empresarial del Modelo.
Informe de tendencias en gestión de intangibles elaborado por el Research Centre of Governance, Sustainability and Reputation, un centro de investigación independiente que tiene como objetivo promover la colaboración en el campo de la investigación, análisis, y formación sobre Riesgo Reputacional, Gobierno Corporativo y Sostenibilidad, y el impacto de estos dos últimos en la reputación.
El presente informe ha sido elaborado con la colaboración de Canvas Estrategias Sostenibles, firma de consultoría estratégica en responsabilidad corporativa e intangibles empresariales. En el mismo aparecen reflejadas las principales tendencias globales que definen el presente y el futuro de los intangibles y aspira a convertirse en la publicación de referencia en torno a la reputación, el gobierno corporativo y la sostenibilidad.
A continuación recogemos los principales titulares del informe:
Tendencias Globales
– Se eleva la confianza pero crece la división social
– El cambio climático en un punto crítico
Tendencias en Sostenibilidad
– Alianzas estratégicas: you can’t do it alone
– Conectar con el consumidor aspiracional
– Inversión sostenible, fórmulas para el crecimiento
– ¿Nuevos modelos de negocio?
Tendencias en Reputación
– Tres riesgos reputacionales críticos
– El alcance real de la reputación
– Crece la investigación en torno a la reputación
– Nuevas competencias para la función directiva
– La evolución de las métricas
– Ganar autoridad entre los influencers
Tendencias en Gobierno Corporativo
– Nuevo Código Unificado de Buen Gobierno en España
– Riesgos del mal gobierno corporativo
Trend Report on The Management of Intangible Assets developed by the Research Centre of Governance, Sustainability and Reputation, an independent research centre supported aimed to foster collaboration for reseach, analyis and training in the field of Reputation Risk, Corporate Governance and Sustainability.
This report has been developed in collaboration with Canvas Estrategias Sostenibles, a strategic consulting firm focused on corporate responsibility and intangible assets in companies. It shows the main global trends, which define the present and future of intangible assets. Approaching the Future aspires to become a benchmark publication in the field of reputation, corporate governance and sustainability.
These are the headlines of the report:
Global Trends
- Trust increase, but also the social gap broadens.
- Climate change at a crucial tipping point
Sustainability Trends
- Strategic Partnerships: you can't do it alone
- Connect with aspiring shoppers
- Sustainable investment, growth formulas
- New business models?
Reputation trends
- Three critical reputation risks
- What is the real impact of reputation?
- Investment on Reputation growth
- New responsibilities for upper management
- Evolution of metrics
- Gain authority over influencers
5th issue of the Online Comments Report, developed by Corporate Excellence and LLORENTE & CUENCA. The Report analyses comments made voluntarily on the Internet as well as their impact on the dimensions that constitute corporate reputation: Products and Services, Innovation, Finance, Workplace, Citizenry and Leadership.
The Report contains a map of stakeholders that actively use the Internet and the networks that should be taken into account at the time of developing a strategy of positioning on the Internet: the real–time network Twitter, the social network Facebook, the multimedia network YouTube, and the hyper-textual network Google. It also identifies relevant content for different audiences and helps map key reputational risk areas for companies.
In particular, this issue has evaluated the digital fingerprint of 71 brands of 15 sectors from a total of 88,950 URLs and 28,000 mentions.
The report assesses the 100 first findings that analysed brands positioned in four key environments on the Internet: Google, Facebook, Twitter and YouTube, and offers specific findings by sectors dimensions, stakeholders and networks. Thus, the analysis allows identifying those sectors, topics, stakeholders and networks that are most and least favourable in terms of recognition (how it is evaluated) and recognition (how much it is evaluated). It also offers strategic insights to design positioning strategies online.
BEO 2016 has been already applied to more than 70 companies around the world and aims to become an international standard to manage the reputation of organisations online.
5.ª Edición del Balance de Expresiones Online elaborado conjuntamente por Corporate Excellence y LLORENTE & CUENCA. Este estudio analiza de forma rigurosa las expresiones que de forma voluntaria se emiten en Internet y su impacto en las dimensiones que configuran la reputación corporativa: Oferta, Innovación, Finanzas, Trabajo, Ciudadanía, Liderazgo y Gobierno.
El informe ofrece un mapa de los stakeholders más activos en Internet y de los espacios a considerar para desarrollar una estrategia de posicionamiento en Internet: la red de tiempo real Twitter, la red social Facebook, la red multimedia YouTube y la red hipertextual Google. A su vez, te da información sobre los contenidos que mayor relevancia tienen para las distintas audiencias y permite identificar las principales áreas de riesgo reputacional para las empresas.
En concreto, en esta edición se ha valorado la huella digital de 71 marcas de 15 sectores diferentes a partir de un total de 88.950 URL y 28.000 menciones.
El estudio valora los 100 primeros resultados que las marcas analizadas posicionaban en cuatro entornos claves en Internet: Google, Facebook, Twitter y YouTube, y ofrece resultados concretos por sectores empresariales, dimensiones, grupos de interés y entornos. De esta forma, el análisis permite identificar aquellos sectores, temas, stakeholders y espacios más y menos favorables en términos de notabilidad (cómo se valora) y notoriedad (cuánto se valora), ofreciendo insights estratégicos para diseñar estrategias de posicionamiento en Internet.
BEO 2016 ha sido aplicado a más de 70 compañías en todo el mundo y aspira a convertirse en un estándar internacional para la gestión de la reputación en Internet.
5.ª Edición del Balance de Expresiones Online elaborado conjuntamente por Corporate Excellence y LLORENTE & CUENCA. Este estudio analiza de forma rigurosa las expresiones que de forma voluntaria se emiten en Internet y su impacto en las dimensiones que configuran la reputación corporativa: Oferta, Innovación, Finanzas, Trabajo, Ciudadanía, Liderazgo y Gobierno.
El informe ofrece un mapa de los stakeholders más activos en Internet y de los espacios a considerar para desarrollar una estrategia de posicionamiento en Internet: la red de tiempo real Twitter, la red social Facebook, la red multimedia YouTube y la red hipertextual Google. A su vez, te da información sobre los contenidos que mayor relevancia tienen para las distintas audiencias y permite identificar las principales áreas de riesgo reputacional para las empresas.
En concreto, en esta edición se ha valorado la huella digital de 71 marcas de 15 sectores diferentes a partir de un total de 88.950 URL y 28.000 menciones.
El estudio valora los 100 primeros resultados que las marcas analizadas posicionaban en cuatro entornos claves en Internet: Google, Facebook, Twitter y YouTube, y ofrece resultados concretos por sectores empresariales, dimensiones, grupos de interés y entornos. De esta forma, el análisis permite identificar aquellos sectores, temas, stakeholders y espacios más y menos favorables en términos de notabilidad (cómo se valora) y notoriedad (cuánto se valora), ofreciendo insights estratégicos para diseñar estrategias de posicionamiento en Internet.
BEO 2016 ha sido aplicado a más de 70 compañías en todo el mundo y aspira a convertirse en un estándar internacional para la gestión de la reputación en Internet.
Audits have changed their traditional focus from cost control towards a global strategy of risk management, governance, value creation, and organizational culture. Auditing is a representative element of corporate culture because it defines how companies think and act, but manage decisions are the true reflection of how a company thinks and acts. Thus, this area expands its importance thanks to its direct participation in risk management and value creation.
La auditoría ha cambiado su tradicional enfoque de control de costes a otro más global de gestión de riesgos, gobernanza, creación de valor y cultura organizacional. La auditoría representa la cultura corporativa al definir cómo las empresas piensan y actúan, pero son las decisiones de los directivos las que reflejan realmente cómo piensa y se comporta una organización. De esta forma, esta área amplía su importancia al participar directamente en la gestión de riesgos y generación de valor
This document was developed by Corporate Excellence – Centre for Reputation Leadership from the book Contabilidad simultánea. Valoración y control de los intangibles en la gestión integral (Simultaneous accounting. Intangible value assessment and control in integral management) written by Salvador Guasch, Head of the Institute of Intangibles and international expert on financial and nonfinancial accounting in collaboration with professor Antonio Márquez and Esteve Sitges and published by ACCID and Accounting Economists from the Consejo General de Economistas.
Documento elaborado por Corporate Excellence – Centre for Reputation Leadership a partir del manual Contabilidad simultánea. Valoración y control de los intangibles en la gestión integral escrito por Salvador Guasch, director del Instituto de Intangibles y experto internacional en contabilidad financiera y no financiera, con la colaboración de los profesores Antonio Márquez y Esteve Sitges, y editado por ACCID y Economistas Contables del Consejo General de Economistas.
Documento elaborado por Corporate Excellence – Centre for Reputation Leadership citando, entre otras fuentes, la sexta edición del libro Corporate Communication escrito por el profesor Paul A. Argenti de la escuela de negocios Tuck de la Universidad de Dartmouth en New Hampshire (EE. UU.) y publicado por McGraw Hill en 2013.
This document was developed by Corporate Excellence – Centre for Reputation Leadership and among other sources contains references to the
book Brand Premium by Nigel Hollis, VP and Chief Global Analyst at Millward Brown. The book was published by Palgrave in 2013.
Documento elaborado por Corporate Excellence – Centre for Reputation Leaderhip citando, entre otras fuentes, la obra Brand Premium escrita
por Nigel Hollis, Vicepresidente Ejecutivo y Director Global de Millward Brown, y publicada por Palgrave en 2013.
Hablar de liderazgo hoy es hablar de búsqueda de nuevos referentes, de ejemplaridad, honradez, compromiso y grandeza. Porque el liderazgo es hoy un activo social de primer orden capaz de transformar y mejorar las organizaciones y la propia sociedad
El liderazgo se ha considerado históricamente desde una sola perspectiva, desde un solo ángulo a través del cual ver el ejercicio de la autoridad en las organizaciones, por un lado, o el desarrollo y guía personal, por el otro. Sin embargo, a juicio de los profesores del Departamento de Ciencias Sociales de ESADE, Ángel Castiñeira y Josep Maria Lozano, el liderazgo es algo poliédrico, es decir, no se trata de una lucha entre lo bueno y lo malo, entre lo ético y lo eficaz, sino que ambas cosas son combinables.
Documento elaborado por Corporate Excellence – Centre for Reputation Leadership citando, entre otras fuentes, la obra El poliedro del liderazgo: una aproximación a la problemática de los valores en el liderazgo de Àngel Castiñeira y Josep Maria Lozano, la obra Creating Leaderful Organizations de Joe Raelin, y la obra Leadership Brand de Dave Ulrich.
Hemos sido testigos de cómo el fenómeno de las marcas ha transformado la
economía y la manera en que viven los ciudadanos en todo el mundo. Las marcas
forman parte, al mismo tiempo, de una dimensión económica –como herramienta
empresarial– y de una social –como síntoma sociológico–.
La salud del branding como disciplina profesional ha mejorado en los últimos años en España, pero aún queda mucho camino por recorrer.
Sin embargo, según los datos presentados en el estudio «La salud del branding en España», cada vez más directivos ven la marca corporativa como un activo intangible de alto valor estratégico y empiezan a reconocerse los valores como la esencia de las marcas, los empleados ganan mayor peso como grupo de interés clave y se considera la reputación el elemento principal para el éxito empresarial.
El estudio refleja la situación actual de la profesión en el país y ha sido realizado entre noviembre de 2013 y febrero de 2014 a partir de entrevistas a casi 100 directivos de grandes compañías con presencia internacional.
La marca representa la personalidad de la empresa y es un elemento diferenciador que consigue la implicación de los grupos de interés. Además de una cultura alineada y compartida, es esencial para el éxito de una marca corporativa contar con la implicación de todos los departamentos, especialmente la dirección.
También es necesario superar la visión cortoplacista y trabajar más en la línea de construir la reputación de la marca en el medio y largo plazo y para ello, se debe apostar por una cultura de marca corporativa potente, enraizada en el seno de la empresa y comunicada proactivamente.
Para activar la marca y ponerla en acción, la información disponible a través de medios corporativos son importantes, así como los mensajes en el entorno laboral y los espacios físicos, las presentaciones internas, los manuales de marca y demás literatura corporativa, las convenciones de directivos y empleados y las actividades de formación.
La mayor parte de las compañías que respondieron al cuestionario tienen carácter multinacional y uno de los retos más importantes que señalan es la gestión de la marca corporativa en el complejo escenario de la globalización.
Es importante que en los procesos de internacionalización la estrategia de despliegue de la marca acompañe al negocio sin olvidar la realidad local.
La marca corporativa se está imponiendo poco a poco como estrategia de éxito y la creciente importancia de la reputación contribuye al crecimiento de la importancia de la marca corporativa. Los resultados del estudio de AEBRAND reflejan claramente el reconocimiento de su valor como principal recurso estratégico de las empresas.
La era de la hipertransparencia está llevando a los presidentes de las compañías a incrementar su papel en la escena pública: participar en eventos, estar disponible para los medios, ser accesible a través de las redes, compartir nuevas ideas y tendencias, estar presente en la sociedad o ser protagonista del vídeo corporativo son los comportamientos más valorados
En este documento se detallan los porcentajes de diferentes aspectos que demuestran la interdependencia de la reputación del CEO, la reputación de la empresa y el valor total de mercado basándose en el estudio The CEO Reputation Premium: Gaining Advantage in the Engagement Era elaborado por Weber Shandwick en colaboración con KRC Research en 19 países del mundo a partir de encuestas a más de 1.700 directivos de compañías con facturación igual o superior a los 500 millones de dólares.
Además, se explican las actitudes del CEO que generan apoyos favorables y cuáles son las competencias clave del CEO para obtener una buena reputación.
Se habla de las percepciones sobre el máximo poder ejecutivo en función del género, aunque, al margen de las pequeñas diferencias, todos los casos son muy similares.
Por último, se ofrecen una serie de consejos para conseguir que el CEO maximice su presencia pública en beneficio de la reputación de su empresa.
Tanto desde el ámbito institucional, como desde el académico y el sector privado, se exige un nuevo marco para el desarrollo y crecimiento de la economía en el que se valore el crecimiento sostenible a largo plazo y se incluyan aspectos de interés general para todas las partes: empresa y grupos de interés. En este sentido, cobra fuerza la ética como eje vertebrador de un nuevo sistema basado en dos grandes pilares: la ética social y medioambiental para poder garantizar un sistema económico eficiente en un entorno estable y propicio para el crecimiento del negocio y las inversiones.
La Nueva Economía Institucional (NEI) no pretende romper con la economía de mercado sino aplicar nuevas fórmulas a problemas que se derivan de esta.
Las instituciones han de ser capaces de garantizar la justicia social, la sostenibilidad medioambiental y el crecimiento económico a largo plazo. En este momento de coyuntura económica y crisis institucional, el foco está orientado a la legitimación de las propias instituciones, que tendrán que esforzarse por responder a los intereses y demandas de todos los actores.
El paradigma de la economía social supone una herramienta eficaz a la hora de incorporar principios éticos al modelo de negocio, logrando que el conjunto de stakeholders perciba la labor como beneficiosa y positiva para el entorno en el que se desarrolla. Si bien es cierto que el modelo planteado por la economía social no es extrapolable de manera íntegra a las sociedades de capital, este sí puede servir de inspiración aportando valor al modelo de negocio a través de las políticas de recursos humanos y de responsabilidad social corporativa.
El contexto de coyuntura actual exige, tanto a empresas como a ciudadanos, la creación de nuevos modelos de liderazgo ético. Hoy en día, los estados han perdido peso en favor de la sociedad civil. La posición que ahora ocupan empresas y ciudadanía juega un papel clave en la salida de la crisis actual y por eso es fundamental asumir nuevas responsabilidades derivadas del rol que ambas han adoptado.
La ciudadanía debe por tanto asumir esta responsabilidad y adoptar valores como la solidaridad, el respeto y, especialmente, el diálogo.
Resulta imposible aprehender en toda su complejidad el poder transformador de la actual ciudadanía sin entender las claves del nuevo entorno en el que estamos jugando: La economía de la reputación, un entorno donde el público cada vez presta mas atención a las empresas que están detrás de los productos y servicios que adquieren. En este sentido la gestión de la reputación se convierte en la gestión de las relaciones con los stakeholders, clave para generar valor corporativo.
Promoting multidimensional teams has a positive impact on business outcomes. Female presence in company's executive bodies is essential to build business projects that are successful and long-term oriented.
During the meeting held by Woman's Week foundation and the Association of Directors of Communication in Spain (Dircom), Chief Communication Officer and companies, committed to equal opportunities and diversity, professionals discussed about CSR regarding gender diversity.
We are indeed living a shift of paradigm where companies are more sensitive to the economic importance of their role as social actors and the strategic and integrated management of key intangible assets such as reputation, brand, communication or public issues. We are immersed in the so-called "reputation economy".
The main advantages of promoting diversity within the corporation are the greater capacity of attracting and retaining talent, improvement of leadership and innovation strategies and a closer approach to key stakeholders for the company. In fact, the main idea of the concept of diversity is to optimize human resources presented by heterogeneous groups, this is to say, diverse regarding the gender, age, race or nationality of their members.
We are making progress in integrating diverse teams in the organization, but we are still below the goal of 40 % female board managers in companies set out by the European Parliament and the European Commission.
This insight addresses the current situation and future leadership, where diversity will play a major role for sure.
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The case study discusses the potential of drone delivery and the challenges that need to be addressed before it becomes widespread.
Key takeaways:
Drone delivery is in its early stages: Amazon's trial in the UK demonstrates the potential for faster deliveries, but it's still limited by regulations and technology.
Regulations are a major hurdle: Safety concerns around drone collisions with airplanes and people have led to restrictions on flight height and location.
Other challenges exist: Who will use drone delivery the most? Is it cost-effective compared to traditional delivery trucks?
Discussion questions:
Managerial challenges: Integrating drones requires planning for new infrastructure, training staff, and navigating regulations. There are also marketing and recruitment considerations specific to this technology.
External forces vary by country: Regulations, consumer acceptance, and infrastructure all differ between countries.
Demographics matter: Younger generations might be more receptive to drone delivery, while older populations might have concerns.
Stakeholders for Amazon: Customers, regulators, aviation authorities, and competitors are all stakeholders. Regulators likely hold the greatest influence as they determine the feasibility of drone delivery.
Senior Project and Engineering Leader Jim Smith.pdfJim Smith
I am a Project and Engineering Leader with extensive experience as a Business Operations Leader, Technical Project Manager, Engineering Manager and Operations Experience for Domestic and International companies such as Electrolux, Carrier, and Deutz. I have developed new products using Stage Gate development/MS Project/JIRA, for the pro-duction of Medical Equipment, Large Commercial Refrigeration Systems, Appliances, HVAC, and Diesel engines.
My experience includes:
Managed customized engineered refrigeration system projects with high voltage power panels from quote to ship, coordinating actions between electrical engineering, mechanical design and application engineering, purchasing, production, test, quality assurance and field installation. Managed projects $25k to $1M per project; 4-8 per month. (Hussmann refrigeration)
Successfully developed the $15-20M yearly corporate capital strategy for manufacturing, with the Executive Team and key stakeholders. Created project scope and specifications, business case, ROI, managed project plans with key personnel for nine consumer product manufacturing and distribution sites; to support the company’s strategic sales plan.
Over 15 years of experience managing and developing cost improvement projects with key Stakeholders, site Manufacturing Engineers, Mechanical Engineers, Maintenance, and facility support personnel to optimize pro-duction operations, safety, EHS, and new product development. (BioLab, Deutz, Caire)
Experience working as a Technical Manager developing new products with chemical engineers and packaging engineers to enhance and reduce the cost of retail products. I have led the activities of multiple engineering groups with diverse backgrounds.
Great experience managing the product development of products which utilize complex electrical controls, high voltage power panels, product testing, and commissioning.
Created project scope, business case, ROI for multiple capital projects to support electrotechnical assembly and CPG goods. Identified project cost, risk, success criteria, and performed equipment qualifications. (Carrier, Electrolux, Biolab, Price, Hussmann)
Created detailed projects plans using MS Project, Gant charts in excel, and updated new product development in Jira for stakeholders and project team members including critical path.
Great knowledge of ISO9001, NFPA, OSHA regulations.
User level knowledge of MRP/SAP, MS Project, Powerpoint, Visio, Mastercontrol, JIRA, Power BI and Tableau.
I appreciate your consideration, and look forward to discussing this role with you, and how I can lead your company’s growth and profitability. I can be contacted via LinkedIn via phone or E Mail.
Jim Smith
678-993-7195
jimsmith30024@gmail.com
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Oprah Winfrey: A Leader in Media, Philanthropy, and Empowerment | CIO Women M...CIOWomenMagazine
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Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
Reputation adds value to communication and proves its directo contribution to business outcomes
1. Ivy Ledbetter Lee, considered to be the founder
of public relations in the USA, said that every
company has to “do it right and tell about it”,
a sentence that sums up the importance of
taking care of perceptions, from management to
communication.
It is also important to try to raise the communication
discourse and include it in the agenda of the senior
management as it is the highest level of decision-
making, where the most important and strategic
decisions are taken and issues as the long term,
legitimation and sustainability are considered. That
is why the top executive (chairman, managing
director or chief executive) and the CCO need to
share a common vision about communication.
Regarding this discussion, professors and researchers
Pilar Buil and Pablo Medina, from the University
of Navarra have published Dircom, comunicar para
transfomar, which in English would be “CCO,
Communicate to Transform”. The book analyzes
the situation and offers a communication foresight
based on interviews with CCOs from some of the
biggest Spanish companies.
An organizational vision is
preferred over a functional one
The standard communication approach has
been traditionally linked to the classic model
of paying attention to the media (informative
communication) and creating advertising
(persuasive communication). In the Corporate
Communication field, the main responsibilities of
the CEO were to tell what the company was doing
and use persuasion to sell.
However, the situation is now very different,
according to one of the respondents, Joaquín
Mollinedo, Chief Institutional Relations Officer
The role of the CCO is shifting and getting more strategic responsibility in corporate
communication of intangible assets, such as reputation. But which strategies are the
best to be successful on the long term?
Strategy Documents
L17/2015
Reputation adds value to
communication and proves
its direct contribution to
business outcomes
Communication
Book Summaries
This document was developed by Corporate Excellence – Centre for Reputation Leadership and among other sources contains references to the book
Dircom: Comunicar para transformar written by Pilar Buil Gazol and Pablo Medina Aguerrebere, doctors in Communication Sciences of University
of Navarra and researchers of Corporate Communication and based on interviews to CCOS at Banco Santander, Repsol, Gas Natural Fenosa,
Acciona, Inditex, CaixaBank, Mercadona, Telefonica, Mutua Madrileña and University of Navarra, published in Spanish by Pirámide in 2015.
2. Book Summaries 2
Reputation adds value
to communication
and proves its direct
contribution to
business outcomes
at Acciona. Today, a company has to extend the
relationship with its stakeholders: customers, media
and shareholders but also employees, regulators,
institutions, associations and the society as a whole.
Corporate Communication goals are no longer just
to inform or convince, but also to converse, listen
and gain trust and credibility. Companies participate
in debates without an exclusive commercial,
working or business intention but with the aim to
contribute to the society and address environmental,
professional, institution or politic issues.
Molliendo believes that rather than audiences
(linked to what has been mentioned above) or
even stakeholders, it is necessary to talk about
conversational partners, with whom the company
talks to searching for agreements. Never before in
the history of companies have these people played
such an obvious role, influencing activities and
making future possible through their behaviour,
attitude and decisions.
Jordi García Tabernero, managing director of
Communications and head of the Presidential
Office at Gas Natural Fenosa, explains that internal
communication is a good example of this shift of
paradigm.
Some years ago, internal communications were
included within the human resources department,
as part of the labour relations area. Its main purpose
was to communicate any facts in labour terms.
Nowadays, internal communication plays a much
more transversal and multidisciplinary role. Its goal
is to align employees with the corporate goals and
values and to establish a dialogue between them and
the company to guarantee the employees that their
complaints, suggestions, concerns and opinions
reach the top management.
Public issues and circles of trust
Communication has truly started to support the
transformation of companies and to ensure their
present and future value. The rising importance
of reputation and public issues management may
be a clear evidence of this evolution. According
to Marisa Navas, director of Communications
and Media at Telefonica, this issue becomes even
more important for companies, such as hers, which
belong to standardise areas and which have a strong
presence both internationally and in financial
markets, through the price of their stocks.
It is important that people in general have a positive
awareness of the benefits that companies can bring
back to society (employment, economic growth,
social and technological development). Therefore,
there must be news and data to support such
awareness. The objective is to contribute to a good
understanding not only between Telefonica and
NGOs or associations, but also between Telefonica
and public institutions, shareholders and employees.
In Navas opinion, it is about building a circle of trust
by adding up the support and personal perceptions
“Corporate
Communication
goals are no
longer just
to inform or
convince, but
also to converse,
listen and
gain trust and
credibility”
Source: James Byford
Public Relations Brands Communications
Continuity Plan Disruption Ethic
Demographics Human Beings
Web 1 Web 2
Big Hits Seeds / Chunks
Mass Media Micro Media
Corporate Speaks Conversations
Big Ad Campaign Viral Marketing
OLD AND NEW
Figure 1: New infrastructure - A Freerange exploration
3. Book Summaries 3
Reputation adds value
to communication
and proves its direct
contribution to
business outcomes
from all the parts, which in return get a collective
perspective that reasserts their trust on the company
and also their engagement, if the company has a
lasting and suistanable development.
Culture, values, employees and reputation
A 110 years old organization is a good example
to show that caring about values and keeping up
with the times help to build a parallel value: to be
sustainable and profitable at the same time. Jaume
Giró, CCO at La Caixa, firmly believes this is the
secret to his company’s success.
Traditionally, La Caixa has been renowned for its
quality service, commercial leadership, customer
trust and social and cultural commitment.
Nowadays, La Caixa has been turned into a bank
but it keeps true to its principles. And it is thanks
to this consistency through the years that it has
managed to be not only sustainable and profitable
but also admired, mainly by its own employees who
are the heart and gears of the company, and the
ambassadors of the corporate values.
According to Giró, financial sectors are aware of the
importance to reach further, not only following the
laws but reacting to social expectations by caring
about doing things the right way.
Despite an excellent communication policy,
bad decisions will always be perceived badly by
society. As a result, the company reputation will be
damaged, but not only that, it might even register
economic downsides.
Therefore, in Giró’s opinion, reputation rankings
are not really a value on their own. Instead, they are
the result of a well-done job. As Lee affirmed, what
companies really need is to do things right and then
tell about it. Given time, rankings portray a reality,
so they are the consequence of a good reputation
and not the cause.
Conclusion: communicate
in order to transform
All the big Corporate Communication departments
have evolved in the same direction: from the
press office to the general brand management,
internal and external communication, corporate
responsibility and reputation. Thus, companies do
not use tactical methods anymore, they favour an
strategic approach focused on an actual contribution
to create a value to their organizations.
Juan Manuel Mora, Vice President of
Communication from the University of Navarra,
institution that has founded this publication,
“Communication
supports the
transformation
of companies
and ensures
their present and
future value”
Figure 2: The stakeholder environment
Source: georgeprtrends.blogspot.com
Managers
Press /
Media
Employees
Interst groups
Strategic
Partners
Associations and
Organizations
Customers
Governments
Suppliers
Public
Authorities
Local
Communities
Owners
4. Book Summaries 4
Reputation adds value
to communication
and proves its direct
contribution to
business outcomes
believes that communication is a key discipline
which connects culture, beliefs and values and
which allows to align what is said with what is done.
As a consequence, the professionalism and success
of a corporate communications department needs to
be measured in accordance with its contribution to
value and to the general reputation of its company.
To Mora, reputation would be the aspect that best
shows how a company’s intangible set of values
is perceived. Reputation is an accurate portrait,
which displays everything that your stakeholders
appreciate and value about you.
Communication shouldn’t be understood as the
final product of some mechanic techniques related
to the short-term, on the contrary, it has to be
considered as something that is linked to culture,
governance and relationship buildings and thinks
in the middle and long term. A seed that will bear
the right fruit.