Strategies for Corporate Communications Roderick E Wilkes, DipM, Hon FCIM, FIOD, FCMI, FRSA, FCAM, Chartered Marketer Chief Executive Strategies for Corporate Communications Strategies for Corporate Communications To communicate or not to communicate 1. Understanding markets. Economic forces 2. Identifying where you can add value. Political forces Competitive forces Product 3. Communicating with those within the organisation. 4. Communicating with those outside the organisation. 5. Measuring the effectiveness of the value you deliver. Price Customer Distribution Promotion Sociocultural forces Legal and regulatory forces Technical forces Strategies for Corporate Communications Managing relationships Internal stakeholders External stakeholders Suppliers Employees Society Government Manager Company Creditors Shareholders Owners Customers Strategies for Corporate Communications Evolution of Competitive Advantage Industrial Age Information Age Consciousness Age Intellectual Capital Structural Capital Cultural Capital Skilled Labour Knowledge Relationships Productivity Learning Shared Values Efficiency Systems Shared Vision Quality Processes Social Responsibility Economies of Scale Innovation Creativity Mass Marketing Customer Satisfaction Customer Collaboration Growth Change Transformation/Evolution Strategies for Corporate Communications Why is Marketing Communications Viewed as a Tactical Rather than a Strategic Function? - Outsourced to marketing services agencies - Advertising and promotion risks being short to medium term - Traditional rivalries between marketing communications disciplines (such as media advertising and public relations), and compartmentalised thinking amongst both clients and their agencies Strategies for Corporate Communications Advertising Sales Promotion Public relations Stakeholders Direct Marketing Exhibitions Personal Selling EMarketing Strategies for Corporate Communications Organisation-centred or Customer-centred? Organisation-centred Customer-centred The different ways of reaching the consumer exist in isolation The channel is unimportant. Relevance, timeliness, convenience and consistency Strategies for Corporate Communications Marketing departments have got used to the idea of the tactical integration of communications messages across different media. Increasingly in the future they will have to embrace the idea of strategic vertical integration – speaking with one voice from the CEO's office right down to the point of sale – even though such a realignment may eclipse their former pre-eminent role.’ Strategies for Corporate Communications Corporate Marketing Communications Marketing communications is traditionally seen as a subset of marketing strategy. Marketing is becoming a way of delivering a communications strategy, rather than the other way round. Strategies for Corporate Communications In this ‘new’ model, communications starts with the company, and marketing becomes part of the ‘delivery mechanism’ for the communications strategy. Corporate Communications Marketing Strategies for Corporate Communications - Communications will stand above other elements of the marketing mix - It will define what the company stands for (its vision) and it is tasked with expressing that on behalf of the corporation - whether that be directly to stakeholders - via PR - through advertising etc. to customers. - By contrast, marketing in those companies will be charged with physically delivering the corporate vision, via its products, to the end user…. Strategies for Corporate Communications Tactical versus Strategic Communications Tactical communications support specific marketing initiatives Strategic communications emanate from the highest levels of the corporation to inform all its activities. Strategies for Corporate Communications Implications - The importance of integrating internal and external marketing communications - The importance of developing distribution channels as conduits of information as well as of goods and money - Push or pull? Strategies for Corporate Communications How customers form a view of your brand Direct mail Customer Service Product design In store displays Customers view of marketers brand Pricing Sales promotion Advertising Distribution Strategies for Corporate Communications Key audiences: G4 Securicor Investors Current shareholders City Analysts Stock Exchanges (UK/DK) Potential Investors Sharesave holders Media City & Financial Business Security Trade Press Gov’t & Related UK Takeover Panel EU Competition Local Competition UK Home Office Others Customers Current Potential Employees Boards x 2 Execs x 2 Senior Management Unions & Works Councils Middle Management Supervisors Communications Community 360,000 front line staff Others Suppliers JV Partners Competitors Trademark agencies Strategies for Corporate Communications Key messages: G4 Securicor Investors Merger benefits Business case Benefits of investing in newco: - Share price - Increased opportunities for growth & profit generation - Dividends - Future world leader Gov’t & Related Merger benefits Good for market (s) Improve quality for customers Market share data Good for staff Media Merger benefits Business case Benefits of investing in newco Creating awareness - Key people - Facts about G4S - Positive for all stakeholders - Next steps Customers Merger benefits Good for market Impact on customers, service levels and contracts What would be different Employees Merger benefits Positive for employees Key Roles Key timescales / milestones Impact on jobs Impact on individuals 80% of business unaffected 20% of business integrating Others Merger benefits Nothing to be afraid of! Good for competition Benefits to them Strategies for Corporate Communications Key tools: G4 Securicor General Video Web / Intranet Letters / Newsletters Notice Boards / Briefing Notes Meetings Call cascades Local presentations Media coverage Surveys Investor perception study Employee/management survey Brand survey (international – internal/external) Management Meetings (Top 30) Their role in communicating Exchange views Agree key roles Develop vision Develop values Role of corporate centre Integrating Businesses Own integration team Tailored project plan Tailored communications plan Co-ordinated by the corporate centre Senior Management Conferences (Top 300) November 2004 April 2006 - Communicate Motivate Reward Q&A On everything!! Strategies for Corporate Communications Key learning points: G4 Securicor – – – – – – – – – – – Break down communication into manageable “chunks” Agree priorities early on (but be flexible) Agree responsibilities quickly (internal & external) Manage locally – co-ordinate centrally Guide & support as much as possible Compromise is not necessarily the answer Recognise that you’ll never please everyone Win over the key people – the others will come Make sure management are “on message” and “walk the talk” Robust crisis management & communications plans Day to day business continues throughout Strategies for Corporate Communications Developing Brand Communications Objectives - Position around the central proposition to be the leading specialist recruitment company in the world - Build the following associations into the brand through all marcomms - aspirational, achievement-based, centre of attention, confident, strong relationships, honest, in control, professional, smart, specialist, trusting - Motivate each business unit to share in overall Hays brand associations - Reinforce via in-house marketing team & management level brand advocates Strategies for Corporate Communications Creating the guidelines that govern the brand communications – Logo usage – size, international, exclusion zone, misuse, sign-offs – Colours – corporate, secondary, tints, print & web specifications – Typography – standard fonts, weights, alignment, spacing, measures – Stationery – letterhead, business cards, compliments slips, fax, memo – Brochures – layout templates, covers / inners, sizes, grids – Photography – direction, colours, cropping, movement, focus – Advertising – design grid, mandatory elements, colour/mono, sizes, flexibility – Website – HTML templates, colour matching, font, tone of voice – Signage – grid, sign-off, colours, materials, change management Strategies for Corporate Communications Launching the new Hays Brand - Communications plan was created for key audiences - Internally – directors, consultants & business support staff - Externally – clients, candidates, city & competitors - Integrated marcomms plan featuring offline & online marketing implemented throughout May, June & July 2004 - Also involved programme of internal engagement at business unit management level with brand project presentation given on 30+ occasions Strategies for Corporate Communications Great communication should demonstrate the following: - It’s clear who we are talking to We’re showing we know the audience; it’s based on clear insight We’re exploiting the media to the best of its ability Where necessary, this integrates cohesively with other activity We’re demonstrating a point of view It’s a fresh idea, executed There aren’t too many clichés It’s like having your face splashed in cold water Thank you Rod Wilkes, Chief Executive