22
MANAGING CORPORATE REPUTATION Tutor David Phillips FCIPR, FSNCR

E:\Managing Corporate Reputation Cim Part 2

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: E:\Managing Corporate Reputation Cim Part 2

MANAGING CORPORATE REPUTATION

TutorDavid Phillips FCIPR, FSNCR

Page 2: E:\Managing Corporate Reputation Cim Part 2

Quick ReminderReputation

Overall quality or character as seen or judged by people in general

Recognition by other people of some characteristic or ability

A place in public esteem or regardGood name

Corporate culturethe quality in an organisation that arises from a

concern for what is regarded as excellent in management, financial capability, employment, products, services, customer and vendor relations and responsibility to the wider community

Page 3: E:\Managing Corporate Reputation Cim Part 2

Managing the dimensions of an organisation’s reputation

Identity and brand are constructed by managers, sometimes intentionally, and both impact on the way an organisation is perceived.

Identity and brand are disintermediated by publics

The core elements of corporate culture/personality‐>identity/brand‐>image

Understand the issues and characteristics associated with the character or personality of an organisation

Page 4: E:\Managing Corporate Reputation Cim Part 2

The character of organisationsThe character consists of

Prevailing organisational culture, the organisational structure the way strategy is developed or formulated.

Remember, it is not the strategy itself but the formulation process – how strategy is developed – not the actual strategy that counts.

Page 5: E:\Managing Corporate Reputation Cim Part 2

Notions of communication climateRefers to the type of internal information

exchange that exists within an organisation Whether managers and employees interact

formally or informally. An open climate suggests free exchange and

trust, a closed climate represents silence and

wariness.

Page 6: E:\Managing Corporate Reputation Cim Part 2

Evaluating form and strength of the current identity or brand

All organisations have an identity Not all constitute a brand. Variation derived through

symbolism, behaviour Communication

Page 7: E:\Managing Corporate Reputation Cim Part 2

Representing identityThe identity represents the way an

organisation chooses to be seenIs the embodiment of the desired positioningidentity mix resembles or reflects the core

character of the organisation Is there identity dissonance

E.g. does the web site really reflect the nature of the organisation?

Page 8: E:\Managing Corporate Reputation Cim Part 2

Measuring identityHow is

identity perceived is reputation

Many methods for measurement and evaluation

Fombon and van Riel

AMEC

Page 9: E:\Managing Corporate Reputation Cim Part 2

The Corporate BrandWhy do organisations choose to move from

an identity to a brand Drivers that force organisations towards

creating corporate brands Identity is not easy to communicateBrands are easy to communicateBrand values – internal –externalNeed to identify Brand value – an audit

Page 10: E:\Managing Corporate Reputation Cim Part 2

Corporate Brand ValuesUndertaking a communication audit Many publics to evaluateCurrent brand value perceptionsEvaluation of the way brands are currently

communicated Reveal gaps and inconsistencies as between

different publics and identity objectives and provide goals and focus for subsequent communication activities

Page 11: E:\Managing Corporate Reputation Cim Part 2

Reputational platformsProvide the basis upon which to tell

corporate storiesReinforce corporate positioning Reconfirm the culture, structures, and

ambitions of the organisation

Page 12: E:\Managing Corporate Reputation Cim Part 2

Workshop 1Important to understand the make‐up of an

organisation’s character. In groups of 3 and over 15 minutes:

Select one employing organisationMake a list of the organisation’s defining characteristics Prioritise the characteristics.

Each group to report back and use the white board to help categorise the responses

What are the common themes associated with culture, structure and strategy formulation

Test needs, competences, attitude, constitution, temperament, origin and interests to distinguish different types of culture, strategy processes

Page 13: E:\Managing Corporate Reputation Cim Part 2

At the heart of all organisations

Do we identify the centrality of corporate character: culture, structure and strategy formulation

Can we identify the existence of different types of corporate culture

Did corporate character influences communication ?

Page 14: E:\Managing Corporate Reputation Cim Part 2

Workshop 2This seminar is now a dinner party and the

conversation turns to what people do for a living and what is it like to work where they do.

Page 15: E:\Managing Corporate Reputation Cim Part 2

The importance of communicationThe focus should eventually be on what the internal

comunications are like at the particular organisation. What is the form of the internal communications,

speed, direction, level of formality and openness,

Does this influences the way the organisation operates Does it affect the attitudes and feeling staff have towards

each other and the organisation Does the staff talk willingly and with pride about their

employing organisation, or do they remain quiet and reserved about this?

Why?

Page 16: E:\Managing Corporate Reputation Cim Part 2

Did we:establish ideas about the nature of

communication climate and its impact on the way employees interact with one another

confirm the notion of a communication climate

introduce some concepts about how understanding the communication climate might help the development of the corporate identity.

Page 17: E:\Managing Corporate Reputation Cim Part 2

Workshop 3Corporate reputation measurement systems

Contrast/compare Brand Asset Valuator, BrandZ, Equitrend, Brand Power, USA’s Most Admired, Reputation Quotient and Rep Track,

For Monday from Chapter 5 of the van Riel and Fombrun

Page 18: E:\Managing Corporate Reputation Cim Part 2

Workshop 4Each student is requested to identify 10 different well

known organisations. Research basic information of logo, name, organisational

origin, the strapline plus any corporate stories and any other aspect of their nomenclature that can be identified.

Will be in Groups of 3To identify the reputational platform, understand any

stories about the organisations that might have been found, and from there identify the position an organisation occupies.

See: Chapter 6 in van Riel and Fombrun For Monday

Page 19: E:\Managing Corporate Reputation Cim Part 2

ReviewDid we

identify the concept of reputational platforms and corporate storytelling as a means of developing positions for corporate brands

confirm the importance of nomenclature in corporate brands and positioning

establish the importance of symbolism and messaging in managing corporate brands.

Page 20: E:\Managing Corporate Reputation Cim Part 2

The assessment strategy for this unit is based on the preparation of a work based assignment. The majority of candidates are expected to be in employment and will be required to apply their knowledge to their employer’s organisation. Those not in employment will be required to base their assignment tasks on a recent employer or an organisation with which they are familiar or have access. Candidates will prepare two assignment tasks. One is compulsory and the other a choice from three. The compulsory task will require a written response of 4,000 words, the other will require 2,000 to 3,000 words. The variability in word length is recognition that some tasks and some organisations may not present the same opportunities to candidates to express themselves. The volume of words is not particularly important, it is the quality of what is being communicated that matters, and clarity and simplicity paramount.

Page 21: E:\Managing Corporate Reputation Cim Part 2

The written tasks require candidates to express themselves in unusual assessment formats. Whilst the report format will be used candidates will also be required to write White Papers, Journal Articles for professional magazines and case studies. The format will be predetermined for each task. Tutors will have access to instructions and web resources concerning the preparation of each of these formats. It is the intention that once these assessments have been assessed, they can be used by the candidates and their organisations. For example, white papers can be used internally or posted on the web site for external consumption. Although assessment journal articles will need to be edited and shortened they might provide publicity materials that can be used for reputational purposes. Case studies can be sold to case houses, used by CIM or used for training purposes by the candidate’s employer. A typical core assignment will focus on the current identity or company brand and require candidates to analyse ways in which corporate branding can influence the reputation and performance of organisations.

Page 22: E:\Managing Corporate Reputation Cim Part 2

Other tasks could include: evaluating an organisation’s brand (or identity) and determining the extent to which organisational culture impacts the brand assessing the organisational culture and communication climate reflecting upon the potential of the corporate identity and/or brand appraising the use of the identity mix proposing the use of reputational platforms and storytelling.

Candidates will be required to provide evidence to support their outputs, engage with academic materials and demonstrate their ability to apply theory in practice. They should reflect on their judgements and develop their analytical skills. Each assessment provides a framework for candidates to explore their organisation. There is no right or wrong answer but there must be evidence within the assignment of candidates engaging with the topic and considering a variety of strategic branding and identity related issues. Marks will be awarded for structure, depth, and involvement as well as for the application of theory in practice.