Reputational Return of Community Engagement Vicky Dinges Vice President - Public Social Responsibility and Enterprise Communications
“Allstate is a part of society, not apart from society” – Tom Wilson, Allstate CEO
Agenda Allstate Corporate Relations Overview Building Our Reputation Strategy – The Katrina Story Importance of Reputational Leadership Discussion Topics Questions
CORPORATE RELATIONS AT ALLSTATE Media Public Social Responsibility The Allstate Foundation Enterprise Communications Reputation CEO Support Regional Support Advocacy Strategy
ALLSTATE’S CORPORATE RELATIONS PRIORITIES
COMMUNITY ENGAGEMENT EARNS ALMOST 200M IMPRESSIONS FOR 2012
Importance of Reputational Leadership – Katrina Story 2005 – Worst Natural Catastrophe in Allstate’s 80 Year History
KATRINA RESPONSE First to reach downtown New Orleans Within two weeks, had 4,000 claims adjusters helping 200,000 customers Employees personally devastated devoted significant time to help customers
KATRINA RESPONSE Focused on rebuilding New Orleans’ non-profit community Established $700,000 Hurricane Recovery Fund Employees / company contributed $4M to Red Cross Partnered with Urban Institute and LANO Launched Little Hands playground initiative Committed to long term
KATRINA STORY
“This needs to be said. Thank goodness Allstate stepped up – with money and volunteers – when others wouldn’t. We need 10 more Allstate Foundations working in our city…” - Babs Johnson, New Orleans, January 2008 KATRINA RESPONSE Unsolicited Letter-to-the-Editor in Allstate’s Favor
The Importance of Reputational Leadership Companies identified as most admired by their peers and consumers benefit from direct financial returns
It is no longer enough for companies to offer attractive products or services Consumer trust must be earned through an emotional connection Moving from average to strong reputation increases Consideration 11% 11% The Importance of Reputational Leadership
Reputation Leadership Strategy Phase I – Develop Basic Reputation Program Phase II – Build Comprehensive Reputation System Phase III – Increase Awareness and Engagement
Copyright © 2010 Reputation Institute. All rights reserved. 17.7% 12.7 % 13.5% 13.1 % 12.9% 14.3 % 15.8 % 18.1%12.7% 13.2%12.8% 13.3%14.2% 15.7% OUR REPUTATION MODEL: 7 DIMENSIONS TO DRIVE ESTEEM, ADMIRATION, FEELING and TRUST IN THE ALLSTATE BRAND
Proprietary & Confidential Reputation By Stakeholder Agency Owners Customers Opinion Leaders Employees Consumers Policy Makers Investors
Proprietary & Confidential Excellent Weak Average / Moderate Strong 8484 Create Advocates Build Credibility & Trust Increase Awareness & Demonstrate Consumer Expectations Build Alignment & Engagement Stakeholder Scores Reputation Priorities
Introduce Branded Theme Focused on internal audience first Drive Awareness, Participation and Demand CAMPAIGN STRATEGIES
Internal Communication Blitz Launch ongoing “surround sound” communications Leverage national and regional communication channels Actively involve employee network groups Increased scale of Allstate Ambassador program BUILD INTERNAL VISIBILITY
Community Involvement e-Newsletter Officer Board Participation National Volunteerism Social Media Outreach Singer Taylor Swift presents award during The Allstate Foundation Teen Safe Driving Program Contest BUILD EXTERNAL VISIBILITY
Increase agency owner awareness: 4% Increase employee awareness: 3% Fortune’s Most Admired Companies RETURN ON REPUTATION (ROR vs ROI)
Katrina Story Today – Catalyst for Positive Change Non-profit community redevelopment became national model Community leader partnership Rebuilding efforts Sugar Bowl Seven new playgrounds
v BE HANDS ON! GIVING BACK IS GOOD FOR BUSINESS