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Shannon Merchant M.S. Candidate in Strategic Communication, December 2014 Texas Christian University Schieffer School of Journalism and Strategic Communication Arrow Global Capital: A Strategic Communication Plan for a Start-Up International Development Social Enterprise
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Introduction Arrow Global Capital (Arrow, henceforth) was founded in 2014 as a response to the nearly trillion-dollar finance gap felt by small and medium sized enterprises (SMEs) in emerging markets by acting as a bridge between investors looking to harness their idle capital and entrepreneurs seeking credit access in emerging markets. This project will deliver a strategic communication plan designed to increase visibility and appeal of the organization and attain at least $400k in philanthropic dollars from 3-4 guarantors before April 2015
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Literature Review Corporate Purpose Driving force behind social engagement and impact; businesses seek partners who align with mission Brand-Cause Fit Shared value, potential benefits to brand, relationship to commercial goal of the company Impact Investing Bringing big-business practice to investing with the intention of making a social, environmental, and financial impact (“triple bottom line”)
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Primary Research Purposive convenience sample Email questionnaire 4 respondents, C-suite level executives (3 men, 1 woman) Industries: Food & beverage, defense, financial services, public relations Emergent themes: Enhance business needs, Scalability, Organizational reputation
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Strategic Plan Goals Impact emerging markets by empowering sustainable growth and capacity of entrepreneurs through provision of credit access to small- and medium-sized enterprises Objectives To increase Arrow’s visibility and professional profile throughout Phase 1 while increasing engagement with stakeholders in the international development and impact investing community before Phase 2 begins in August 2015 To harness 3-4 guarantees from impact investors for a total of at least “$400k in philanthropic dollars” by April 2015 Key Stakeholders
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Strategic Plan Strategies & Messages Convince investors that the Arrow Model offers the best private sector approach to making significant strides toward economic development by offering the highest ROI through a low risk, recyclable guarantee model Appeal to emotion, reliance on numbers to prove scale and impact, and a demonstration of the organization’s expert knowledge Tools & Tactics Marketing & sales vehicles, meeting & conference materials, website, online visibility, social media, periodic print publications
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Strategic Plan Timetable Phase 1: information gathering (SEO and analytics) (December 2014) Phase 2: refining the messages (January-February 2015) Phase 3: stakeholder engagement (March-May 2015) Phase 4: reporting progress and maintaining engagement (May-December 2015) Budget Evaluation
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Recommendations Printed marketing materials Refine pitch deck Create talking points and executive summary handout Implement SEO and Analytics on website Social media profiles (Twitter, Google+) Increase social media engagement and activity on Vimeo, LinkedIn, DEC-USAID, InterAction, Society for International Development, International Economic Development Council, and the Foundation Directory Biannual reports for stakeholders with detailed metrics and impact
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Conclusion This organization has the potential to change the world of international development and drive a new model of philanthropy encouraging local capacity building and community development. The communication plan outlined through this research will play a role in moving Arrow from its current position to one in which it has the ability to engage its guarantee mechanism and begin full-scale lending practices by increasing the organization’s visibility, professional engagement, and implementing tactics designed to harness guarantees from potential impact investors.
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Questions?
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