Tag Archives: Total Stakeholder Approach
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.
If you want to be relevant, tell a great story
October 12, 2011
If you work in the public relations profession, you’ve probably heard a common lament among clients – “People aren’t getting our story.“
It may be one of the common denominators that make clients from diverse industries and across all practices of public relations alike. Whether launching a brand, working an issue in Washington, conducting an investor road show or managing a crisis, having a compelling story is a fundamental requirement.
In the public relations business, we’ve always been storytellers – whether you call it messaging, corporate/brand positioning or narrative – it’s all about the story. And the greatest, most iconic brands and companies do it really, really well – Nike, GE, Apple and Starbucks all understand that to remain relevant as you grow and change, having a story that resonates is key.
This piece on Starbucks features the philosophies of noted brand evangelist Stanley Hainsworth, and credits great storytelling for transforming a commodity product into a $4 splurge. He talks a lot about the art of storytelling, and gives us a glimpse into the approach he uses to create an emotional connection with stakeholders. As I read this piece, I was struck with the significant alignment between his priorities and the way we approach developing a client’s narrative at MWW Group…in particular, the emphasis on tailoring your story for different audiences – what we call the Total Stakeholder Approach.
The irony is that while this may be a fresh, new approach for the brand evangelist – it has been core to of great public relations programming and strategy from the beginning.
How do you know if your story needs revisiting and refreshing?
- Any time there has been a significant change in your business – new leaders, new business strategy, new line of business. Chances are you need to rethink your narrative. A more thoughtful approach would have made a big difference for Netflix, and saved them lots of backpedaling.
- Significant changes in your industry also call for a new story – because your old story simply won’t be relevant anymore.
- Shift in strategy or emphasis on who, or what, is important.
- If you are underperforming – in sales, in employee retention, in share price performance – that may be a sign that your story isn’t resonating.
- If it feels stale, out of date or misaligned with your priorities – even if it isn’t impacting your stakeholders yet.
Posted by cwinters at 4:07 pm Tagged Apple, GE, Netflix, Nike, Starbucks, Total Stakeholder Approach Comment (0) Trackback (0)



