Category Archives: General Corporate
Throughout the centuries, great thinkers and leaders have talked about it. Yet reputation remains an elusive, amorphous concept that called to mind that famous Supreme Court reference to pornography – it’s difficult to define but you know it when you see it.
3 Reputation Resolutions Every Company Should Make
January 4, 2013
Martin Rooney said, “Goals are dreams with deadlines.” As we begin 2013, across America people are making resolutions – to get in shape, drink more water, save more money or improve themselves in countless ways. I love this optimism, this “Can do spirit” that encourages us to try, try again, even if we have tried and failed before.
January typically also marks a fresh start for companies. Leaders and organizations have completed their fiscal year business planning, and begin to shift the focus from what they need to do to how they are going to do it. That is a perfect time to take stock of your organization’s reputation, and identify the areas that need work.
What are the reputation resolutions that every company should make? Here is my take:
- Move from philanthropy, to citizenship – there is lots of lingo about the double bottom line, and the CSR imperative. Companies don’t need a rationale about why they need to be good citizens – they need to change and expand the definition of CSR. It isn’t about philanthropy…although I am not knocking philanthropic endeavors. And it isn’t just about eco-responsibility, even though the catastrophic weather events of the past couple of years should be a wakeup call to all of us about the need to preserve our planet. But CSR is so much more than that – it is about your culture and workplace, your approach to leadership and governance, and engagement. The data increasingly shows that employees place citizenship high on their list in choosing an employer, and if today’s jobs report is any indication, we won’t have near double digit unemployment forever. As our economy improves, employees will have more choices, consumers will have more money to spend – and they will vote with their actions.
- Get social, and start at the top – many reports were issued this year about CEOs and their lack of engagement in social media. I’ve blogged about it, hosted panel discussions at SMW about it and we’ve written about it. The reason is simple: we are still experiencing a crisis of confidence, and we trust people, not companies. Social media provides an easy, manageable way to put a face to the company and build trust with your key constituencies. It also makes your company relevant in a way that no other communications discipline can. And before my PR agency brethren get smug about being “ahead of the curve” on this one – think again. Being counselors and strategists on social media for our clients requires a lot more than telling them they need a twitter, or pitching bloggers for coverage. If your counsel to clients is only about how to use social media to get more coverage, you are missing the boat.
- Refresh your crisis plan – this is the reputation resolution equivalent of lose 15 pounds and go to the gym every day. We all say we will do it, but life interferes. Just do it. If your crisis plan is in a binder, on a shelf in your office, I can guarantee it won’t stand up to the real time nature of crisis communications today. Today’s crisis planning tools are online – and the best ones are housed and managed via technology platforms that enable you to push content via mobile devices, convene a crisis team in real time, and use social media to manage the narrative, rather than a runaway train of reputational damage.
What are your company’s reputation resolutions for 2013?
Posted by cwinters at 4:13 pm Tagged 2013, Crisis Communications, CSR, Social Media Comment (0) Trackback (0)
No Politics on My Pizza
December 19, 2012
There is an old adage that you should never discuss religion or politics outside of your doorstep and in the past few months not heeding this advice has tripped up a number of restaurant chains. Earlier this year it was Chick-fil-A, which was forced into crisis mode by anti-gay marriage comments from the chain’s president. The comments energized partisans on both sides of the debate and gave a range of politicos an opportunity to make hay. While some are trying to argue that the incident actually helped short-term sales at Chick-fil -A, it was certainly not the sort of publicity that helps build brands and burnish reputations.
In the weeks since the presidential election, Obamacare has been the blue plate special served up for controversy at places like Papa John’s, Denny’s and Applebee’s with the pizza chain’s head and franchisees at the other two restaurants decrying the healthcare law and threatening draconian staff cuts and price rises.
Now comes evidence of how this latest venture out of the kitchen and into the political scrum impacted perceptions of the aforementioned restaurant thanks to a study by YouGov Brandindex. The results show a quick and precipitous drop in Papa John’s and Applebee’s perceptions. Denny’s suffered a similar fate initially when a major franchisee added his voice to the anti-Obamacare chorus but perceptions bounced off the lows when the corporate CEO publicly apologized a few days later.
Reputations are fragile things which need much care and protection, particularly in the consumer marketplace. They take hard work and time to establish and preserve but as too often seen in recent months, can be cast asunder with a few intemperate words regarding subjects many don’t want the companies/brands they utilize to weigh in on. Interestingly, at a time when there is much discussion about the bounds of corporate speech, it is the people aligned with these companies who can damage reputations by exercising their own constitutional rights. Corporate communications professionals need to help their executives understand how airing views beyond the scope of company business can impact all stakeholders. The YouGov BrandIndex study provides a lesson worth learning.
Posted by rtauberman at 5:01 pm Tagged Applebee's, Chick-fil-A, Denny's, Obamacare, Papa John's, YouGov BrandIndex Comment (0) Trackback (0)
When In Doubt, Blame Healthcare
November 26, 2012
I spent the early years of my career working with a large number of retailers, often distressed retailers. Every quarter, as they presented their results, they were always looking for something (anything?) to explain declines other than the fact that their business was broken. There was one fewer Saturday. Seven more rainy days. The calendar – and the weather – became a company’s best friends in the proverbial “blame game.”
Today, the game hasn’t changed much – but these friends have. Now, it seems the new trend is to blame healthcare for all that ails your business. Papa John’s cites healthcare for an increase in prices and a reduction in workforce. Opponents of Obamacare blame it for the national unemployment rate. Hostess and its major union’s dangerous game of corporate “chicken” began over a proposal to increase employees’ out-of-pocket costs for healthcare. The Verizon strike began the same way.
Don’t get me wrong – healthcare is a massive expense for employers. It has legitimate implications for financial results, and even product pricing. But proactively addressing costs – rather than blaming them – is something responsible leaders and employers must do if they want their businesses to remain viable. Especially when the victims are as beloved as the Twinkie, Americans – and stockholders – will stop accepting the healthcare excuse and start demanding better leadership from their companies.
Part of the problem is the changing shift in attitudes of Americans about the role of healthcare in general. My parents’ generation viewed healthcare as protection from catastrophic illness. They were covered under traditional indemnity plans, and expected to pay a deductible and 20 percent of the costs on top of that. Then came managed care, and the notion of covering preventative and wellness care in order to reduce the incidents of catastrophic or chronic illness. The unfortunate side effect: Americans now expect a CAT scan to cost them less than a haircut. That’s just not realistic – and companies, both the health care providers and the employers themselves – can do a better job of setting expectations.
An interesting side effect: as the “blame healthcare” movement heats up, time will tell if it impacts insurers in a more dramatic way. Sure, there are always discussions about insurers being too profitable at a time when so many struggle to afford insurance at all. But as publicly traded companies, they have a primary responsibility to their investors to make a profit (which is why some in related businesses, like Nationwide Auto Insurance, even tout their privately held status as better for policy holders). So as the blame game intensifies, the insurers, many of whom boast market caps measured in billions, may be the next target.
Occupy healthcare, anyone?
Posted by cwinters at 4:05 pm Tagged Hostess, Nationwide, Papa John's, Twinkie, Verizon Comment (0) Trackback (0)
Mission Critical: No Better Time to Get Naked
November 14, 2012
Storytelling is the foundation for every corporate public relations program. I spend a lot of time working with companies on developing and refining their core stories – or what we refer to as a company’s “master narrative.” Like all great stories, there needs to be a centrally defined focus – a purpose that brings together the main characters and the plot and makes the story all worth telling. The business equivalent is a company’s mission, the articulation of why an organization exists.
At a time when many corporate leaders are battling extreme global competition, evolving regulation and consolidation, articulating why the company is in business should be the easy part, right? Wrong. Surprisingly, I have found that the single biggest stumbling block executives have when thinking about their companies is agreeing on the very essence of what they do and why. Many have the most trouble getting back to the basics and stripping away superfluous language that can water down or even distort the mission.
So who is getting it right? Take a look at a few of my favorites:
Zappos: “Wow” philosophy “to provide the best customer service possible.”
JetBlue: “Bring humanity back to air travel”
Starbucks: “To inspire and nurture the human spirit – one person, one cup and one neighborhood at a time.”
McDonald’s: “To be our customers’ favorite place and way to eat.”
I list four very different businesses and four very different missions, yet they all have one thing in common: they get at the very essence of why they are in business, simply and cleanly. You don’t need a PhD to understand what they do, who they do it for and why they do it. You immediately get why their people come to work every day and while it’s not to cure cancer, abolish poverty or another of the world’s intractable problems, they are inspiring in their own right.
And why should a company care? Mission statements have been directly linked to greater returns on investment, and return on equity has been found to be more than double in companies with a written mission statement.
Telling your company’s story with a strong mission at the core has the ability to rally employees, inspire customers and keep the company on track when it verges on losing its way. When thinking about your own business, remember that a mission statement is more than words on paper, and often what’s not there is even more telling. Less can be more. Go ahead and bare all!
Posted by dlauer at 4:47 pm Tagged JetBlue, McDonald's, Mission Statement, Starbucks, Zappo Comment (0) Trackback (0)
Disney Finds the Internet Not So Mickey Mouse
October 23, 2012
Yesterday’s New York Times has an excellent article on the travails of the usually sure-footed Disney company in the Internet and mobile space. Reporter Brooks Barnes details the entertainment behemoth’s missteps as it tries to find some traction for Disney.com’s third redo in the last five years.
The article shows that even a company known for innovation and driving consumer trends like Disney, is having difficulty competing in the hyperbolic and constantly evolving digital world. As Barnes aptly puts it, Disney is an aircraft carrier trying to compete in an ocean full of speedboats. So if Disney, a company overstocked with creative talent and with a bevy of Silicon Valley highfliers serving as board members and advisors is having difficulty, what does that mean for mere mortal companies and their executives? This is particularly critical at a time when brand equity and reputation are tied ever closer to your digital strategy and online attributes. And it is only going to get more so.
The first lesson is you can no longer play by the old rules or procedures. Flexibility and speed trumps bureaucracies and approval process layers. Companies that take months or more to launch/update are being lapped by more nimble competitors that are already on digital/social media 3.0 by the time they are introducing digital/social media 1.5. Technology and customer needs/tastes are often changing too quickly, so a company must keep up or risk impacting everything from sales, to recruitment to share price. Smart is still paramount but it has to be done at warp speed and thinking two steps beyond not only matters but is a differentiator.
It is also important that companies focus on distinct audiences rather than a one-size-fits-all digital strategy. As the NYT article points out, Disney’s issues also stemmed from trying to cater to the divergent interests of Disney Channel watchers, theme park attendees, movie goers and gamers seemingly with one approach to online content.
Lastly, it is critical to keep your eyes and ears open in the breakneck digital world. This goes beyond just active listening and keeping abreast of your key constituencies on social media. It means actively investigating and searching for what is new and what is hot across the digital spectrum in your industry and others. This may mean you need to pivot quickly to a new approach, a new focus or a new technology but that is the reality that Disney found out and the lesson that any company should heed.
Posted by rtauberman at 4:10 pm Tagged Disney, Disney.com, The New York Times Comment (0) Trackback (0)
Can embracing simplicity improve your reputation?
October 22, 2012
I’m a typical 40-something working Mom. My calendar looks like 10 pounds of flour in a 5 pound sack. My days get longer and longer, yet my to do list never gets shorter. Perhaps that is why I am drawn to the notion of simplicity. Yup, I watch Ree Drummond being a Pioneer Woman, and find myself envious of her life. I read Real Simple magazine looking for the magic elixir of simplicity. Sometimes I even succeed. And I know I am not alone in this craving for simplicity.
Why, then, do companies make their communications as complex as humanly possible? Have you ever read your credit card agreement? Me neither. How about trying to make sense of those open enrollment benefits communications? An annual report or an earnings release?
Our founding fathers were able to create a nation in only 16 pages. Yet a typical business meeting includes a death by PowerPoint much longer than that. Employee handbooks, annual reports, CEO speeches, the U.S. Tax code – they all go on endlessly. And if they aren’t too long, they are often riddled with industry jargon and complex explanations designed to provide clarity. Yet they do the exact opposite. And when your stakeholders can’t understand you, it stands to reason that they won’t trust you, support you or act in the desired fashion.
We are experiencing a trust crisis in America. People don’t trust government, they don’t trust business, they don’t trust institutions. They trust each other, and the simple, straightforward information we share with each other in the short form of a Facebook post or a tweet. Imagine if corporate communications took a simple, straightforward approach – free from legal-ese and industry jargon. A simple concept, with big impact.
Thomas Jefferson said, “When the subject is strong, simplicity is the only way to treat it.”
Easy to say. Difficult to do. How do you preserve communications simplicity in an increasingly complex world? Share your stories with us. But please, keep them simple. Not convinced? Watch this Ted Talk – which prompted me to make the connection between simplicity, trust and reputation.
Posted by cwinters at 3:01 pm Tagged Pioneer Woman, Real Simple, Ted Talk, trust Comment (0) Trackback (0)
The Lance Armstrong Effect – Winners and Losers Following The Cyclist’s Announcement
October 19, 2012
Following the news of Lance Armstrong’s tumultuous week, MWW analyzed the changes in perception since Wednesday’s announcement. The results of the analysis are below. Who do you think will ultimately benefit and suffer from this week’s news? For more on the winners and losers of Lance’s announcement, read Carreen Winters’ thoughts from earlier this week.
Posted by admin at 6:41 pm Tagged A-Rod, Lance Armstrong, Livestrong, Nike, Susan G. Komen Foundation Comment (0) Trackback (0)







