Mittwoch, 27. August 2014

Storytelling and corporate communication

Google search reunion


Problem:                        What is effective corporate communication?

Learning Objectives:      1. How to communicate with stakeholders (Channels)
                                     2. How to structure the message
                                     3. What is the main goal of corporate communication

Keywords:                    What are stakeholders?
                                     Communication goals
                                     Communication channels
                                     Emotional corporate stories    

Personal study:              1. How to communicate with stakeholders (Channels)?
                                     I guess today the easiest way to communicate is the internet.
                                     If this is in the form of Webside, E-Mail or Social Media.
                                     I guess it is really important to treat the stakeholders really
                                     nice, so say never no. Just be sure that they know what
                                     a "yes" costs.

http://thesavvypm.wordpress.com/2008/05/28/7-ways-to-communicate-with-your-stakeholders/
http://www.attask.com/resources/blogpost/tips-project-management-stakeholder-communication/
http://smallbusiness.chron.com/should-companies-communicate-well-stakeholders-15237.html


                                    2. How to structure the message?
                                    The message should be a story which submit to the stakeholders
                                    emotions and feelings. When the stakeholder has this emotions
                                    there will be a band between the product and the stakeholder.
                                   At the end the stakeholder must feel that he is a part of it.


                                   3. What is the main goal of corporate communication?
                                   Of course at the end the company will make money with it.
                                   But as better the message is as more money and clients will
                                   the company get.

http://en.wikipedia.org/wiki/Corporate_communication
http://smallbusiness.chron.com/functions-corporate-communication-department-23716.html




Close Task 1

Discussion

LO1 – How to communicate with stakeholders?

·         What is a stakeholder?
 Everyone who is effected by the company and everyone who is interested in the success of  the company.

·         2 types of stakeholders
          



How can a company define their communications? By making a difference between internal and external communication.

·         Principles of Aristotle
          3 parts to think about:
          (1) Speaker
                        For example: The organisation
          (2) Receiver
                        For example: A stakeholder
          (3) Message

·         We came to the conclusion that different stakeholders means also different channel.
         
          6 different channels:
(1)  Direct Marketing                 (4)       PR
(2)  Advertising                         (5)       Point Of Sale (POS)
(3)  Sales (B2B)                        (6)       Marketing Communication
                                                       For example: Redbull free fall from space

·         Another possible channel to reach stakeholders is by using press releases.
For example: Apple’s press release




LO2 - How to structure the message?

·         Simon Sinek has a theory about how to tell your message to your stakeholders.
The theory is called ‘The Golden Circle’



For example: Apple
If Apple were like everyone else, a marketing message from them would sound like this:
What: We make good computers
How: Beautiful designed, simple to use and user-friendly
Why: Want to buy one? (we expect some sort of behaviour, like a purchase)
à That’s how most of companies/ organisations communicate.
à It is uninspiring

This is how Apple does it:
Why: We believe in challenging the status quo and we believe in thinking differently
How: The way we challenge the status quo is by making our products beautiful designed, simple to use and user-friendly. We just happen to make create computers.
What: Do you want to buy one?

è Reverse the order of information
è People don’t buy what you do, they buy why you do it.

·         Before making a message you should first go through 3 steps:
(1)  Determining the objectives
(2)  Which recourses do you have? Money, staff, time, etc.
(3)  Reputation, how does the message fits with it.

·         We concluded that a good message leads to a good image.


·         In addition to the 3 first steps before creating a message we discussed following questions:
-        Who are you and what is your story?
-        What are you selling?
-        Who are you selling it to?
-        Why should they care?
-        Who is your competition?
-        How do they communicate about their product or services?
-        What differentiates you from your competition?

·         Your message (or the way you send your message out) can change depending on in which country you are.
Indirect Communications                  ><                   Direct Communications
(First why à what)                                                   (First what à why)
For example: China cars
First the theme, setting in the advertising
without a car.
= This approach didn’t work in America.

·         Now a lot of companies use the “two-way communication”: asking your stakeholders (mostly your consumers and customers) through media (such as social media) a question to improve your work and of course acting on it.
For example:
(1)  Cold Stone (Ice cream shop) askes several times a year what kind of new flavour costumers want to have in a shop. They ask is through Twitter and Facebook.
(2)  Mc Donalds does the same thing to invent new burgers. They ask the customers and so other people can vote on the inventions. 1 new burger will actually be sold in the restaurants.

·         Not only what you say (message-based) but also the way of saying it (no-message-based) influences the message and the people hearing/reading it. No-message-based elements are colors, sound, font, etc.

·         We all agreed that showing the people behind a brand has an influence on the customers.
For example: Posting pictures on Instagram from your staff or Steve Jobs as a spokesman of Apple.


LO 3 - What is the goal?

·         We agreed on several goals:
o   Be profitable
o   Brand image
o   Brand awareness
o   People need to know why
o   People should know how after seeing/hearing an instructive message
o   Maintaining your reputation
à Be open if there are problems (= crisis control)
For example: Johnson&Johnson calling back medication and giving money back

·         Your goal(s) should accord to the needs and wants of your stakeholders

·         A company should act like a person, people make also mistakes.

·         We concluded that a message should be sustainable.

Keywords

Communication channels
Stakeholders
Corporate stories
Communication goals

Evaluation
Evaluation of the task and the learning results.


For any comments feel free :-) 

Thank you and see you soon with my new Blog about IMC Integrated marketing communications!!!