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Reputational Return of Community Engagement Vicky Dinges Vice President - Public Social Responsibility and Enterprise Communications
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“Allstate is a part of society, not apart from society” – Tom Wilson, Allstate CEO
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Agenda Allstate Corporate Relations Overview Building Our Reputation Strategy – The Katrina Story Importance of Reputational Leadership Discussion Topics Questions
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CORPORATE RELATIONS AT ALLSTATE Media Public Social Responsibility The Allstate Foundation Enterprise Communications Reputation CEO Support Regional Support Advocacy Strategy
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ALLSTATE’S CORPORATE RELATIONS PRIORITIES
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COMMUNITY ENGAGEMENT EARNS ALMOST 200M IMPRESSIONS FOR 2012
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Importance of Reputational Leadership – Katrina Story 2005 – Worst Natural Catastrophe in Allstate’s 80 Year History
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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
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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
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KATRINA STORY
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“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
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The Importance of Reputational Leadership Companies identified as most admired by their peers and consumers benefit from direct financial returns
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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
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Reputation Leadership Strategy Phase I – Develop Basic Reputation Program Phase II – Build Comprehensive Reputation System Phase III – Increase Awareness and Engagement
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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% 2010 2011 OUR REPUTATION MODEL: 7 DIMENSIONS TO DRIVE ESTEEM, ADMIRATION, FEELING and TRUST IN THE ALLSTATE BRAND
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Proprietary & Confidential Reputation By Stakeholder Agency Owners Customers Opinion Leaders Employees Consumers Policy Makers Investors
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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
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Introduce Branded Theme Focused on internal audience first Drive Awareness, Participation and Demand CAMPAIGN STRATEGIES
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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
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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
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Increase agency owner awareness: 4% Increase employee awareness: 3% Fortune’s Most Admired Companies RETURN ON REPUTATION (ROR vs ROI)
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Katrina Story Today – Catalyst for Positive Change Non-profit community redevelopment became national model Community leader partnership Rebuilding efforts Sugar Bowl Seven new playgrounds
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v BE HANDS ON! GIVING BACK IS GOOD FOR BUSINESS
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