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The Source for Communicators Global research and training for communicators | ||||||||||
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By Mandy Thatcher, Editor May 28, 2008 Dear Source Reader |
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In the forthcoming issue of Strategic Communication Management, recently retired senior VP of corporate comms for Royal Bank of Canada David Moorcroft reflects (from the beach) on four suspicions he has about the profession:
Do these observations resonate with you? Here's David's thinking on each conclusion: 1. Strategy is overrated I’ve spent many years developing, refining, using and writing about a process for producing a clear and easy-to-use communication strategy that ensures resources are used in a focused and productive fashion. But I’ve come to the conclusion that we’ve put too much emphasis on strategy and not enough on implementation. Going forward, I think we need far less management consultant speak and marketing rhetoric in our strategies and more hands-on, practical ideas on how we can achieve our goals. When we’re hiring and building teams, we need to ensure we have people who can implement our grand scheme because that’s where the money is made. As Jamie Dimon, CEO of JP Morgan Chase, once said in an interview (I’m loosely paraphrasing): “If I had to choose between keeping the strategy department and the implementation department, I’d always choose the latter.” 2. Branding has replaced reputation I worry that this situation will lead to short-term decision making that will eventually erode the social capital that organizations have built up with their stakeholders over many decades by doing the right thing for society. Perhaps I’m being naïve, but I thought the separation of marketing and/or advertising duties from those in public affairs (the separation of church and state) always provided the essential checks and balances necessary to sell products today while ensuring a good reputation for the future. 3. The PR profession is undervalued And when there are public issues that threaten the organization, it’s the PR folks who develop the communication strategy, publicly represent the organization and engage with stakeholder groups. Yet many heads of communication don’t report to the CEO, sit on the management committee or even have a senior executive position. A friend of mine who once worked as the head of PR for an international bank and is now the COO of a major public utility once said the senior communications role is one of the most misunderstood and most undervalued in many organizations. 4. Social media needs more thought Blogs are a great way to engage stakeholders in a dynamic environment, but they’re also a medium that can create regulatory, disclosure and legal risks. Podcasts can supply stakeholders with easy to consume information, but they can also waste people’s time. Online marketplaces can make comparative shopping and commercial transactions easier, or they can confuse and irritate people. The bottom line is that social media is about giving, sharing and exchanging in a timely and thoughtful manner, and not about taking, dictating and self-promoting in a reckless fashion. This principle needs to be part of any social media strategy. The full article will appear in the June/July issue of Strategic Communication Management. See you next week!
Pfizer launches enterprise RSS, with "Pfacebook" on its way Global pharmaceutical company Pfizer has unveiled a large-scale enterprise RSS project and plans for a Facebook-style internal social network. "Celebrity" CEOs can undermine performance Despite their best intentions, celebrity CEOs can easily undermine performance because of all-too-predictable mistakes. Don’t shoot the messenger: conveying bad news and change How to share news likely to evoke strong responses from employees. Why Angela Sinickas won the IABC Fellow Award 2008 Angela Sinickas of Sinickas Communications talks about why she’s been
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The Source
for Communicators is a free resource for corporate communicators
from Melcrum Publishing. Copyright Melcrum Publishing Limited 2008. |
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