Presentation is loading. Please wait.

Presentation is loading. Please wait.

Organizational and Manageial Communication

Similar presentations


Presentation on theme: "Organizational and Manageial Communication"— Presentation transcript:

1 Organizational and Manageial Communication
Corporate Communication and the Corporate Brand Chapter 5

2 CORPORATE IDENTITY The way in which an organization presents itself
Symbols Communication Behavior Referred to as Corporate Identity (CI) Mix Personality manifested through this mix Peggy Simcic Brønn

3 Corporate Image in Relation to Corporate Identity
Behavior Corporate Identity Corporate Image Communication Symbolism Corporate Identity van Riel Peggy Simcic Brønn

4 Organizational identity
Corporate identity Idea of organization and how it is presented externally Defined by top management and agencies Mass media and impersonal channels Organizational identity How an organization’s members perceive it Who we are, what we stand for Interpersonal channels Peggy Simcic Brønn

5 CORPORATE IDENTITY MEDIA
Stationary Literature Transportation Packing Architecture Signs Marketing/Sales Examples: Product Price Name Brochures Visit cards Buildings Uniforms Sponsorship Work environment Figure or “character” Logos IDENTITY - INDIVIDUALITY - SYNONYMOUS WITH ORGANIZATION. FAMILIARITY. NOTE INTERNATIONAL ISSUES. WALLY OLINS - A VETERAN IN CORPORATE IDENTITY - SAYS THAT IDENTITY HELPS PEOPLE FEEL THEY BELONG INTERNALLY - TO MAKE PEOPLE FEEL THEY SERVE A COMMON PURPOSE - COCA COLA EXTERNALLY - ‘LIKE ME BETTER’ . MARKETING. AN IMPROPER IDENTITY CAN CAUSE A BAD IMAGE. CAN’T BE PHYSICALLY FIT WITHOUT EXERCISING. Peggy Simcic Brønn

6 IMPORTANCE OF IDENTITY
Raises motivation among employees – creates a ‘we’ feeling Increased productivity Premium pricing Cost savings Protection from competition Ability to cut through information clutter Inspire confidence in the organization Peggy Simcic Brønn

7 TYPES OF CORPORATE IDENTITY
Monolithic -- Shell, Philips, BMW Endorsed -- GM, L’Oreal Branded -- Unilever, Orkla, P&G Peggy Simcic Brønn

8 Corporate Image An image is the set of meanings by which an object is known and through which people describe, remember and relate to it. That is the result of the interaction of a person’s beliefs, ideas, feelings and impressions about an object. Dowling, 1986 Peggy Simcic Brønn

9 CORPORATE IMAGE IS THE PERCEIVED SUM OF THE ENTIRE ORGANIZATION - ITS OBJECTIVES AND PLANS. IT ENCOMPASSES PRODUCTS, SERVICES, MANAGEMENT STYLE, COMMUNICATIONS ACTIVITIES AND ACTIONS AROUND THE WORLD. Marken 1994/95 EVERYTHING A COMPANY IS, SAYS AND DOES IS A COMPONENT OF ITS IMAGE. CAN SELL PRODUCTS BASED ON FIRM’S IMAGE - Peggy Simcic Brønn

10 Corporate identity and reputation
Fombrun, C. J., Reputation, Harvard Business School Press Corporate Identity Names, Self-Representations Customer Image Community Investor Employee Corporate Reputation

11 WHY DO WE NEED TO CARE ABOUT IMAGE?
Consumers are more sophisticated than ever before There is more distrust than ever regarding motives of big business There has been more changes in the last ten years than in the last 80 There is a clear relationship between a positive image and profitability Quality and good service taken as given Organizations need new differentiators, new USP’s (unique selling propositions) Peggy Simcic Brønn

12 Image is no longer solely the realm of marketing, but rather a strategic instrument of top management. De Soet (CEO Dutch KLM) When having to choose similar products, 9 out of 10 consumers base their decisions on the reputation of the company Mackiewicz

13 REASONS FOR IMAGE ‘MANAGEMENT’
General promotion value Encourage favorable behavior towards organization Build sales Attract shareholders Attract and motivate employees/build morale Reduce cost of capital Aid in relations with community/ government Serve corporate objectives Create familiarity and favorability Create position in industry Can demand premium prices Peggy Simcic Brønn

14 IMAGE LEVELS Product class Brand Company Sector Shop Country User
Peggy Simcic Brønn

15 Some Factors Controlling Company Image
Reality of company Newsworthiness of company + Communica- tion effort + x Time Memory decay - = Company Image Peggy Simcic Brønn

16 Keller’s Corporate Image Dimensions
Common product attributes, benefits, attitudes quality, innovativeness People and relationships Customer/(stakeholder) orientation Values and programs Concern with environment, social responsibility Corporate credibility Expertise, trustworthiness, likability Peggy Simcic Brønn

17 Dowling’s Description Attributes
Importance and selection of attributes depend on stakeholder group -- their beliefs about what is distinctive, central and enduring in their relationship with the organization Common image attributes Credible Expert Innovative Environmental concern Successful Well managed Dowling, in Creating Corporate Reputations Peggy Simcic Brønn

18 KEY ATTRIBUTES OF REPUTATION (Fortune)
Financial soundness Value as a long-term investment Use of corporate assets Innovativeness Quality of Management Ability to attract, develop and keep talented people Quality of products and services Community and environmental responsibility REPUTATION IS THE OPINION THAT OTHERS HAVE OF YOU - GOOD, BAD, FAVORABLE OR UNFAVORABLE. ORGANIZATIONS MUST PROVIDE QUALITY PRODUCTS/SERVICES - HAVE GOOD MANAGEMENT AND MAKE A PROFIT. - MOST COMPANIES DO THIS, THEREFORE THIS IS NOT ENOUGH TO STAND OUT. REPUTATION - HARD WON EASILY LOST. Peggy Simcic Brønn

19 Management/Employees
Products/Services Quality Satisfaction Technology Value Selection Management/Employees Quality of Management Quality of work conditions (physical and social) Quality of strategies Ethics/Community Equal employment Socially responsible Protect jobs Contributes to charity Helps the community Conserves energy Environmentally conscience Supports culture Responsible citizen Finances Sound investment opportunity Pays dividends Reporting practices Stock price Diversified Wise use of assets Consistent growth

20 America’s Most Admired Companies, Fortune
Top Ten 1999 1. General Electric 2. Microsoft 3. Dell Computer 4. Cisco Systems 5. Wal-Mart Stores 6. Southwest Airlines 7. Berkshire Hathaway 8. Intel 9. Home Depot 10. Lucent Technologies Top Ten 2000 1. General Electric 2. Cisco Systems 3. Wal-Mart Stores 4. Southwest Airlines 5. Microsoft 6. Home Depot 7. Berkshire Hathaway 8. Charles Schwab 9. Intel 10. Dell Top Ten 2001 1. General Electric 2. Southwest Airlines 3. Wal-Mart Stores 4. Microsoft 5. Berkshire Hathaway 6. Home Depot 7. Johnson & Johnson 8. Fed Ex 9. Citigroup 10. Intel Peggy Simcic Brønn

21 America’s Most Admired Companies, Fortune
The Bottom Ten 1999 495. Humana 496. Revlon 497. Trans World Airlines 498. CKE Restaurants 499. CHS Electronics 500. Rite Aid 501. Trump Resorts 502. Fruit of the Loom 503. Amerco 504. Caremark Rx The Bottom Ten 2000 526. Trans World Airlines 527. Trump Hotels & Casinos 528. Kmart 529. Bridgestone/Firestone 530. America West Holdings 531. LTV 532. US Airways Group 533. Federal-Mogul 534. Warnaco Gr 535. CKE Restaurants Peggy Simcic Brønn

22 Problems with Lists Such as Fortune, MMI, Financial Times
Give little diagnostic information -- more a beauty contest Do not discriminate among images of different stakeholders Do not distinguish between corporate image and reputation (as defined by Fombrun) Dowling, in Creating Corporate Reputations Peggy Simcic Brønn

23 BARRIERS TO ACHIEVING ‘DESIRED’ IMAGE
“CEO disease” (refusal/inability to be reflective) Mental models If it’s not broke don’t fix it Inability to read environment Confusion regarding who’s job it is Peggy Simcic Brønn

24 Goal: Credible Image Believable message Clearly stated
Continually and consistently Through appropriate channels At the appropriate level of understanding Peggy Simcic Brønn

25 The Three I’s - Mission Oriented
Identity: Who we are Image: What we are Ideas: What we stand for and believe Peggy Simcic Brønn

26 Peggy Simcic Brønn

27 Reputation is the most important commercial mechanism for conveying information to consumers. It is a distinctive capability that accrues competitive advantage to an organization. John Kay Foundations of Corporate Success Peggy Simcic Brønn


Download ppt "Organizational and Manageial Communication"

Similar presentations


Ads by Google