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Points of View is our blog dedicated to exploring the critical corporate communications issues of the day through insights and videos of Fortune 500 business and communications execs, industry insiders and our team.

Jeff Hunt

Moving Beyond Reputation– It’s Character That Really Counts

Jeff Hunt
July 29th, 2010

“Your reputation is what you are perceived to be; your character is who you really are,”

– John Wooden, UCLA basketball coach, 1948-1975

john-wooden-1

That is a profound statement that has taken on new meaning in light of a string of recent crises that have confronted major global corporations like BP, Apple, Toyota and others.

Is it time for communications and marketing professionals to move from simply managing brand and corporate reputation to more actively asserting themselves — at a board level — in the stewardship of institutional character? If not these professionals, then who should assume the role of truly looking at institutional character, not at a transactional level, but at the DNA level of the organization?

(more…)

Jeff Hunt

The New Age of Engagement…It’s WOM on Steroids

Jeff Hunt
February 22nd, 2010

The fundamental rules of effective marketing are being rewritten. The rapid evolution of social networking technologies is making it easier for customers to get more precise information. It’s making it easier for them to consult one another, and it’s fundamentally impacting the way they make purchase decisions.

Customer experiences have never been more important. Word of mouth has been put on steroids.

So what does it mean to marketers? It’s the arrival of a new era, where engagement is the new currency that drives customer loyalty. But engagement must be defined as a true exchange of value and not just the act of pushing information. Getting someone to visit your web site is not engagement. (more…)

Jeff Hunt

Somewhere Over the Rainbow … Is It Time to Communicate A Brighter Future?

Jeff Hunt
August 11th, 2009

With many economic indicators pointing to at least the beginning of the end of one of the greatest recessions since the Great Depression, is it finally time to start examining what life might look like on the other side of the downturn? Is it too early to start injecting hope back into your organization? Does your CEO have a new story to tell about the next chapter in your company’s history? Is there an agreement on a growth strategy? These questions are worth asking now, or soon, even if we believe the economic turnaround is still a couple of quarters away.

Why? Well, you wouldn’t think it would be too difficult to get senior leadership to start projecting a positive future, if indeed things are beginning to look a little brighter. But, the fact is that leadership teams find it far more difficult to get focused early on telling the positive story, than they do when the news is all doom and gloom. There is something about a deep dive in financial performance, severe lay offs and waning sales that focus a leadership team with laser like precision. It’s far more difficult, particularly in the early stages of the rebound. Why? (more…)

Jeff Hunt

It’s proxy season….do you have some explaining to do?

Jeff Hunt
April 23rd, 2009

It’s that time of year when many publicly held companies are getting out their proxy statements.

This year, the springtime ritual is complicated by last year’s sickening plunge in stock prices. Many companies find themselves sending proxies to anguished investors who lost retirement savings, employees who lost 401k plans and maybe even their jobs, and skeptical media people eager to find the next AIG-like bonus scandal.

Are you ready to explain to these people why the CEO is getting his multimillion dollar compensation package?

If you’re in corporate communications or investor relations for those firms, your task may be further complicated by the fact that the boss’s compensation probably isn’t primarily in the form of salary. Valuing restricted stock and stock options is governed by arcane SEC and FASB accounting rules that may result in proxy disclosures that bear little resemblance to current market values. (more…)

Jeff Hunt

It’s the content, stupid!

Jeff Hunt
April 3rd, 2009

 

Last evening, Jim Eustace of VM Foundry guest lectured my class at the University of Texas at Austin.  We have worked closely with Jim and his team to produce many innovations in social media, including some of the earliest and most creative uses for widgets.  Jim shared a number of case studies with the class, each utilizing a different social media innovation.  When asked what is the key to driving success in these online programs, Jim didn’t hesitate, “Great content!”  

We couldn’t agree more.  So many people are getting caught up and even scared by the technology framework underpinning social media.  That is why we believe it is critical to take the mystery out of the technology so communicators can get back to focusing on what they are good at:  producing great content.  So, here’s a news flash; bad content that utilizes great technology will produce a bad campaign.  Great content will always rule the day.  It really takes many of us back to our days of “pitching” stories to the media.  If all we had to offer was commercial hype, we rarely placed the story.  However, when we could provide content that was relevant to the audience and incorporated our client’s interests, it was magic.  

This is precisely why we believe public relations practitioners are at a distinct advantage in creating compelling campaigns for social media.  We understand the importance of credibility, authenticity and dialogue.  That’s not the first time you’ve heard these words on this blog.

Jeff Hunt

One Message, Two Voices

Jeff Hunt
March 12th, 2009

As more and more Fortune 500 companies we are meeting indicate some experimentation with social media, we note a very common mistake. All too often, these companies come into the “social/conversational” channels with an “officious” voice. As my good friend and digital media sensei, Paul Walker likes to say “it‘s like whipping out a PowerPoint presentation when you’re having dinner with friends.” It comes out of nowhere, not to mention it’s completely inappropriate for the occasion.

The best example of companies doing this is when they enter forums or social networks with official press releases, written like an SEC filing. The social channel rejects this immediately. At best, the companies are ignored. In some of the worst-case scenarios, they are chastised openly and quite literally run out of town, or should I say the channel.

With this in mind, our advice to companies is to carefully consider the channel in which they are communicating. The message can be consistent, but the “voice” needs to be appropriate to the channel. It sounds like communications 101, but you would be surprised at how many companies are tripping over this.

Jeff Hunt

Who owns the online channel?

Jeff Hunt
March 6th, 2009

As we visit with chief communications officers at Fortune 100 companies, it’s becoming more and more obvious that a confrontation of sorts is brewing over who should “own” the online channel for direct communications with customers and constituents.  Marketing is laying claim, suggesting it is the next wave in efficiently communicating with current and potential customers.  The early attempts by many marketers focused on familiar tactics from traditional media: things like banner ads and well timed “pop-ups” that aimed to capture the consumers’ attention at just the right moments.  The problem is that the people they were trying to engage largely viewed these tactics as commercial intrusions on a sacred social space.  The techniques have evolved greatly over the past eighteen months, as recognition of some of the unique characteristics of the online channel are better understood by advertisers.  Still, even the latest and greatest attempts fail to fully appreciate how to engage consumers in the online channel — on their terms.

This is where a big opportunity presents itself for the public relations practitioner. (more…)

Jeff Hunt

Say Hello to Your New Best Friends: The CIO & Team

Jeff Hunt
January 10th, 2009

Yes, they are the same guys you call to complain about: e-mail failures, spam, restrictive firewalls, your clumsy laptop, your lazy desktop, your old blackberry, no remote access and slow internet.

Well, say hello to your new best friend.  The digital and social media revolution has ushered in a new era for communications professionals where technology is not just a nice-to-have enabler of more efficient communications.  It is an absolute imperative for all communications (internal and external).  While IT is probably only 20 percent of the total solution (80 percent is people and process), it’s an absolutely critical 20 percent.  Without IT, you are pretty much dead in the water. (more…)

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