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Published byMuriel Holland Modified over 9 years ago
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Chapter 4 Identity, Image, Reputation, and Corporate Advertising
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Image & Identity What are image and identity?
How do you build a solid reputation? Is corporate identity a trend? How can you differentiate based on image and identity? How do you manage the unmanageable?
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Points to ponder… Why choose Petronas over Shell?
Why study/work in USM? Do you know that Nestle paid six times the net asset value to buy Rowntree and its spectacular portfolio of brand including Kit Kat and Smarties.
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General scenario… Competition increases Competitors can copy processes, products, systems, services, technology, quality, etc There is only identity/ brand that remains as a differentiator
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Importance Importance of corporate identity Customers
Inspires confidence (van Riel, 1995) Increases visibility and reach (Keller and Aaker, 1998) Improves credibility (Fombrun and van Riel, 2004) Aids learning (Allesandri, 2001)
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CORPORATE IDENTITY Identity components (Melewar and Karaosanoglu, 2006) Corporate structure – brand structure, organizational structure Corporate strategy – positioning and differentiation strategy Corporate culture – mission, vision, values Corporate behaviour – company, management and employee behaviour Corporate design – slogan, architecture, office layout, location, website Corporate communication – marketing, management and organizational comm.. Industry identity
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Importance Importance of corporate identity Employees
Helps internalize the company’s values (Dutton and Dukerich, 1994 Recruits and retains employee (Fanning, 1990) Instills identity/brand values into key processes (Organ, 1990) Increases identification (O’Reilly and Chatman, 1986) Media, Investors, Financial analysts Reputation (Whetten and Makey, 2002) Attracts favourable responses (Fombrun and van Riel, 2004)
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Managing the Unmanageable
Step 1: Conduct an identity audit Step 2: Set identity objectives Step 3: Develop designs and names Step 4: Develop prototypes Step 5: Launch and communicate
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What are Identity, Image & Reputation?
Corporate Identity Names, Brands, Symbols, Self-presentations is perceived by… Community Image Customer Image Investor Image Employee Image Sum of perceptions equals… Corporate Reputation
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Advertising: The Corporation is the Message
What is Corporate Advertising? Where does it come from? Who uses it and why? Should all companies use corporate advertising?
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Companies Use Corporate Advertising to:
Increase Sales Create Goodwill Retain and Recruit Employees Enhance the Financial Effort
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