The document discusses corporate constituencies and how companies should approach communicating with them. It identifies a company's constituencies as employees, customers, media, and shareholders. It notes that constituencies' interests can compete and companies should focus on different ones depending on the situation. The key aspects of communicating with constituencies are: understanding their attitudes; knowing what they already know about topics; choosing appropriate communication channels; structuring messages carefully; and gathering feedback on results. Developing goodwill with constituencies makes it easier for companies to achieve their objectives when communicating with them.
The document discusses corporate constituencies and how companies should approach communicating with them. It identifies a company's constituencies as employees, customers, media, and shareholders. It notes that constituencies' interests can compete and companies should focus on different ones depending on the situation. The key aspects of communicating with constituencies are: understanding their attitudes; knowing what they already know about topics; choosing appropriate communication channels; structuring messages carefully; and gathering feedback on results. Developing goodwill with constituencies makes it easier for companies to achieve their objectives when communicating with them.
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The document discusses corporate constituencies and how companies should approach communicating with them. It identifies a company's constituencies as employees, customers, media, and shareholders. It notes that constituencies' interests can compete and companies should focus on different ones depending on the situation. The key aspects of communicating with constituencies are: understanding their attitudes; knowing what they already know about topics; choosing appropriate communication channels; structuring messages carefully; and gathering feedback on results. Developing goodwill with constituencies makes it easier for companies to achieve their objectives when communicating with them.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
constituencies? •Should not to think of them as too fixed •At different times, it may be better for the company to focus on different constituencies •E.g. in a crisis , better for the co to focus on relations with the media to manage its reputation , although the media is not the co’s primary constituency 1. Who are the co’s constituencies? •Constituencies interact with one another. •E.g. a department store wants to revitalize a customer service focus to drive more loyalty. •It needs to reinforce this mission with employees before customers can see results. •E.g. sears has employee-customer-profit chain model. •Success starts from management behavior through employees attitudes to customer satisfaction and lastly higher profits. 1. Who are the co’s constituencies? •Employees are also “brand ambassadors” -Potential for “word-of- month” goodwill and image building . •E.g. Google gives its employees a good reason to talk highly of Google •11 free gourmet cafeterias, motorized scooters for transport around campus, free haircuts, etc. 1. Who are the co’s constituencies? •Constituencies can have competing interests •E.g. Cutting employee may be welcomed by shareholders but unpopular with employees. •Also communication intended for one constituency can reach others. •E.g. a manger wanted to lay off some personal assistants and asked his secretary to type his letter and pass it to the boss of HR dept. although his secretary wasn’t affected by the lay off plan, she told her colleagues who were and soon those affected were revolting . 2. What is the constituency’s attitude toward of the Org? •.if the company has built goodwill with constituency , it will be much easier to reach its objectives. •E.g. after J & J was forced to recall 31 million bottles of Tylenol, it was easy to recover and revive the brand , but because it was well- trusted by doctors , consumers and the press as a rock- solid company , willing to do the right thing, it was able to achieve its objective. 2. What is the constituency’s attitude toward of the Org? •How does the co build goodwill and trust within its constituencies? •It starts form within the organization – building trust with employees •Listening & understanding employees; involving employees in important company decision ; communicating & helping them understand the co’s goals and vision. 3. What does the constituency know about the topic? •What’s their attitude to wards the communication itself? •E.g. especially when introducing a new product-consumers are wary skeptical of unknown products 3. What does the constituency know about the topic? •When the Jap manufacturer introduced its candy in US it was sure its candy (wagashi- made of seaweed and red beans ) was going to do well because it was the oldest candy maker in Japan and served the imperial family for centuries . •However ,it found that US consumers did not like the taste and could not even pronounce the candy’s name. •So it had to educate people about the exclusivity of wagashi in Japanese culture . •After this the US public likened the experience of tasting the candy to tasting caviar or espresso for the first time Delivering messages appropriately 1. Choose a communication channel - Important to consider which channels to use and when to use them - E.g. if there’s a change in top management , a co might use a few different channels-it might want to write a memo to inform employees, and announce through a press release for its external stakeholders. Delivering messages appropriately- choose a comm. channel - E.g. AOL’s CEO announced the lay-off of 2,000 employees in 2007 via letter and email to affected “colleagues” with personal note. - But weeks before this, rumors had already spread through cyberspace , bu the company did not address these rumors and “declined to comment” - Because the employees had leaned about the lay- off well in advance of the official announcement, it had made them bitter and distrustful. Delivering messages appropriately- choose a comm. channel - E.g. In 2005 , GM announced 25,000 planned job cuts for the next 3 years. - It worked fast to calm worker uncertainty and inform workers about lay-offs as soon as it was released to the public . - Used multiple channels- webcast of CEO’s speech at the meeting ; company newsletters; a segment on GM’s daily employee TV show Delivering messages appropriately 2. Structure messages carefully • Direct-revealing main point first then explaining why • Indirect-explaining why first , then revealing your main point • Companies should usually be as direct as possible , because indirect can be confusing • E.g. when Nissan introduced its Infiniti series in US it started by showing impressions of landscapes to create a mood without showing the car. this was totally lost on US customers and the campaign did not sell many cars. Delivering messages appropriately- structure message carefully • A third structure, is having no message • Today this is not a good strategy. • Saying “the co cannot talk about the situation until all the facts are in “is better than saying "no comment”/ nothing at all. Constituency responses • Did the communication bring the desired results? • Sometimes feedback can gathered immediately after -e.g. Employees are given a questionnaire to confirm their understanding of the main points of the communication • Sometimes it takes longer – e.g. determining whether sales rose as result if an advertising campaign Constituency responses • After the results are in , you must determine how you will react. • Has your reputation changed? • Do you need to re-think your communication channel? Corporate communication strategy framework • See the chart in your fucking notes In conclusion • By linking Corporate communication , managers can mitigate the potential loss in reputation .