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Abstract: Organizations increasingly recognize the importance of corporate reputation to achieve business goals and stay competitive. In recent years, companies as large and prominent as Arthur Andersen and Bridgestone/Firestone learned hard lessons about how quickly a damaged reputation can harm employee and customer loyalty, threatening a company's financial well being and even its viability. Public confidence in business is low, and public scrutiny of business is high. The proliferation of media and information of the past two decades, the demands of investors for increased transparency, and the growing attention paid to social responsibility all speak for a greater focus on the part of organizations to build and maintain strong reputations.
Abstract: In the past several years, determining the effectiveness of communications activities has become increasingly important both to communications professionals and to the greater business community. In 2004, the Communications Executive Council (CEC) conducted a survey of hundreds of chief communication officers in major corporations; 79 percent of the respondents stated they believed communication performance measurement was more important than it had been three years earlier. Survey respondents also ranked Measuring and Communicating Effectiveness of the Function as the second most important issue facing the communications industry. Not everyone in the communications industry views measurement in the same light, though. While some embrace the science of measurement as it relates to communications, others look at communications as an art outside the realm of formal measurement. Quotations from two corporate communications professionals illustrate this dichotomy: You can't manage what you can't measure. Everyone's looking for a seat at the table, and they ought to be looking at measurement for getting to the table and staying there. Bill Margaritis, SVP Worldwide Communications and IR, Fed Ex I cringe at the idea of return on investment because that sounds like what we do ought to be so predictable when it's not. Bill Nielsen, former Corporate VP of Public Affairs, Johnson & Johnson Despite the naysayers, however, most communications professionals are increasingly recognizing the truth in Margartis' words; without data on the effectiveness of their activities, communications professionals cannot gain the credibility they desire from senior management. In this article, we examine the importance of measurement to the communications industry, the insufficiency of measurement in communications, how communications professionals' measurement needs are changing, obstacles to meeting measurement needs, and the potential benefits from understanding the link between communications and business value, and, a new possible solution. This discussion is essential to understanding that the communications industry needs a way to add meaning to the data it already has; to link existing data to business outcomes; and to demonstrate that effective communications activities move organizations toward their business objectives. In many cases, companies do not require more or better measurement, only better use of existing measurement data. And once the communications industry has the ability to understand how its activities affect business outcomes, communications professionals can have a greater effect on business outcomes going forward rather than simply justifying what they have done in the past. To that end, we also discuss what we believe are the keys to measuring the contribution of communications activities.
communication, measure, value
Abstract: Ten years ago, when the definitional article Corporate Communication as a Discipline: Toward a Definition (Argenti, 1996) was commissioned by Management Communication Quarterly, the field of corporate communication was relatively new to business schools and transitioning in the business world from the media-oriented field of public relations to 'corporate communication' - a more integrated, organizational function focused on multiple constituencies. Today, changes in the business environment, coupled with unprecedented technological changes, have significantly affected how the corporate communication function is defined, taught, and implemented in the United States and throughout the world. This article will focus on those changes with a particular emphasis on how technology has shaped the field of corporate communication. It will focus on number of questions including: how has the increase in internet use and access to information challenged corporations as they communicate with their vast array of constituents such as employees, customers, and investors? How has an increasingly mobile workforce presented challenges for corporations? What opportunities does technology present to communications professionals? The article will first reflect on key changes in the discipline over the last decade, then discuss the most significant challenges to corporate communication resulting from new technologies (such as the proliferation of new uncontrolled media outlets like web logs), the opportunities these challenges create for both academics and practitioners (such as the ability to measure and integrate the function), and how those challenges help us to rethink the focus of our research and teaching about the field of corporate communication.
technology, corporate communication, communication
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