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Colleague Engagement Through the Corporate Communication Lens . Adam Gerstein March 7, 2008. “If you want to know how a company communicates, understand how it manages. If you want to know how a company manages, understand how it communicates.”. - Stephen Girsky, analyst. 2.
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Colleague Engagement Through the Corporate Communication Lens Adam Gerstein March 7, 2008
“If you want to know how a company communicates, understand how it manages. If you want to know how a company manages, understand how it communicates.” - Stephen Girsky, analyst 2
Corporate communications has come a long way… • Leadership used to ask why is communications important • Today, they leaders ask how can strategic communications • Drive our performance • Drive our stock • Motivate and energize our colleagues • Improve our reputation 3
Regular employee 43% CEO 23% (2008 Edelman Trust Barometer) 4
Why colleague engagement matters to corporate communicators • Colleagues are central to the organization’s ability to authentically tell its story • Internal communications are external 5
Why colleague engagement matters to corporate communicators • Disengaged colleagues cost energy, money,and reputation 7
Why effective corporate communications matters to colleagues • Colleagues want to be part of the story; engaging them pays • The most effective employee communication programs provided a 91% total return to shareholders from 2002 to 2006, compared with 62% for least effective programs (Watson Wyatt 2007/2008) • It supports innovation 8
Over 40 million sold at Costco in 2007 thanks to one engaged employee 9
Why effective corporate communications matters to colleagues • It’s good for their relationships with their bosses • Direct supervisors are the single-most important drivers of colleague engagement in large organizations (Melcrum 2007/2008) 10
How communicators can drive engagement • Trusted advisors and thought partners to senior leaders • Understand the business • The ability to play offense and defense • Shapers of the narrative • Know what’s being said, whom to engage, when • Translators of the company’s culture and values • Mobilize influential colleagues and increase discretionary effort • Advocates for colleagues • Collaborative relationships; holistic approach 11
The right news at the right time Balanced mix of top-down, two-way, peer-to-peer Send responsibly Proper use of channels engages colleagues 12
Timely Clear Strategically aligned to the business Credible Individually Relevant Good content drives engagement, builds trust 13
Looking ahead: better colleague engagement • The rise of the Chief Communications Officer • Shifting management model • Web 2.0 and 3.0 14