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Corporate Storytelling




CommunicationKnowledgeCenter@Outlook.com
Corporate Story:             (Riel 2007 p144)



• A corporate story is a structured textual
  description that communicates the essence
  of the company to all stakeholders, helps
  strengthen the bonds that bind employees
  to the company, and successfully positions
  the company against rivals.
• It is built up by identifying unique elements
  of the company, creating a plot that weaves
  them together, and presenting them in an
  appealing fashion.
Harold Dwight
  Lasswell (February 13, 1902 —
  December 18, 1978)
• Who Says What In Which
  Channel To Whom With What
  Effect
   S       x     R        effect




       Who                         Sender             S
       Says what                   Message            x
       In which Channel            channel / medium
       To Whom                     Receiver           R
       With what Effect            Effect
Corporate branding strategies
   (Van Riel 2007 p123)
                  High    Medium        Strong
                          endorsement   endorsement


  Agree on
Parent visibility Low     Stand alone   Weak
                                        endorsement

  Nick Leeson


                          Low           high


                           Agree on Starting points
Endorse & story
http://en.wiktionary.org/wiki/endorse ; 9 January 2012
Verb
endorse (third-person singular simple present endorses, present
   participle endorsing, simple past and past participle endorsed)
• to support, to back, to give one's approval to, especially officially
   or by signature
• To write one's signature on the back of a cheque when
   transferring it to a third party, or cashing it
• To give or receive an endorsement




Endorse:
to support, to back, to give one's approval to,
especially officially or by signature
Endorse & story
http://en.wiktionary.org/wiki/endorse ; 9 January 2012
Verb
endorse (third-person singular simple present endorses, present
   participle endorsing, simple past and past participle endorsed)
• to support, to back, to give one's approval to, especially officially
   or by signature
• To write one's signature on the back of a cheque when
   transferring it to a third party, or cashing it
• To give or receive an endorsement
Endorse & story
Endorse:
to support, to back, to give one's approval to,
especially officially or by signature
• Stories are used to frame our
  understanding and to encourage
  individuals to want to become a part of the
  story itself and to identify with a brand and
  or its characters. (Fill 2011 p386)
Communication is about
storytelling
• Content, message; x
• Which characters play a role in this story?
  (Mother company, ING; CEO, Steve Jobs;
  etc.)
• Who has the main role?
• Does the brand have the main role?
• Who are friends and enemies in this story?
• Who endorses who?
Creating content &
messages (free after Fill p397)
 1. Examine the importance and characteristics of
    source credibility.
 2. Explore the advantages and disadvantages of
    using spokespersons in message presentation.
 3. Discuss the impact of user-generated content.
 4. Examine ideas concerning message framing
    and storytelling.
 5. Consider the characteristics of different types of
    message appeal.
 6. Indicate how informational and
    transformational motives can be used as
    tactical tools in advertising.
1. Examine the importance and
      characteristics of source credibility.
Characteristics of a source         (Kelman 1961 in Fill 2011,
  p376):
1.Level of perceived credibility: perceived objectivity
  & expertise
2.Degree to which source is regarded attractive.
3.Degree of power that source is believed to posses:
  ability to reward & punish.

Answer these questions for:…
1. Examine the importance and
          characteristics of source credibility.
          (continued)
Key components of source credibility
(Fill 2011 p376)

1. What is the level of perceived expertise (how much relevant
    knowledge the source is thought to hold)?
2. What are the personal motives the source is believed to
   posses (what is the reason for the source to be involved)?
3. What degree of trust can be placed in what the source
   says or does on behalf of the endorsement?
2. Explore the (dis)advantages of using
spokespersons in message presentation.
Four main types of spokesperson (Fill p378-381):
       1.Expert – 2. Celebrity




3. Chief Executive Officer – 4. Consumer
3. Discuss the impact of user-
   generated content.
• Other consumers can be credible
  spokespersons.
• They can play an important role in the
  story and endorse the brand.
• In our era of social media it is important
  to reserve a role for consumers.
• Mass media present a story to
  consumers S–[x]->R • Explain how product/ brand should be perceived.
                           • Roles: Sender OR Receiver.
  with social media consumers can play a
  role in the story.    • Making sense together.
                            • Roles in story: Participant , ‘dance partner’.
4. Examine ideas concerning
   message framing and storytelling.
                         Categories of stories (Fill 2011 p386):
Framing puts the         1.Myths & origins: How the company
message/ brand/          started, how it overcame difficulties,
product in a context.    where it stands for.
Communication
professionals thus try   2.Corporate prophecies: Predictions
to associate it with
                         about organization’s future.
happiness & avoid
pain.
                         3.Hero stories: Employees etc. who
                         overcame a dilemma.
                         4.Archived narratives: Changing
                         names, merges, etc.
4. Examine ideas concerning message
          framing and storytelling.
                                              Categories of stories (Fill 2011 p386):
                                              1.Myths & origins: How the company
                                              started, how it overcame difficulties,
                                              where it stands for.
http://www.philips.com/about/company/histor   2.Corporate prophecies: Predictions
y/index.page
                                              about organization’s future.
http://www.youtube.com/watch?v=ImE8ZyoKUaQ
                                              3.Hero stories: Employees etc. who
                                              overcame a dilemma.
                                              4.Archived narratives: Changing
                                              names, merges, etc.
5. Consider the characteristics of
different types of message appeal.
• In Corporate Communication we mainly
  (but not only!) think inside-out: which story
  do we want to tell?
• But storytelling will not be effective if the
  message is not appealing to the
  audience.

=>Tension:
  – Need to transmit information
           versus
  – Need to appeal emotions
5. Consider the characteristics of
    different types of message appeal.
                                Need to appeal emotions;
Need to transmit information;   Emotional & Transformational
Informational appeals           appeals (Fill p388-392)
•   Factual                     •   Fear
•   Slice of life               •   Humor
•   Demonstration               •   Animation
•   Comparative advertising     •   Sex
                                •   Music
                                •   Fantasy & surrealism

      = Form of the message.
6. Indicate how informational and
      transformational motives can be used
      as tactical tools in advertising.
     • The effect of the message is that a product/
       brand is associated in the receiver’s brain with
       informational motives or transformational
       motives.
     • Motives make people move: buy a product
       etc.
                                  Transform to positive emotion:
Reduce uncertainty/ fear/         • dull  elated By providing lifestyle.
negative emotion.                 • bored  exited
By providing product information.
                                  • apprehensive  flattered
        = Content of the message.
Balance sender & receiver
Tension:                        Who organization is:
  – transmit information Current Corporate Identity
       versus                      versus
  – appeal emotions             What receivers desire:
                                Desired Corporate Identity
 Organization has to adapt to what receivers desire
       BUT
 Organization should maintain its own identity in order to remain
 recognizable and attractive for employees, investors,
 consumers etc.
           THEREFORE
 Organization needs a Sustainable Corporate Story
Reputation Platform (1)

• Messaging content that managers want to
  convey in their corporate communication. (Van
  Riel 2007 p131)
• Anchor for corporate communication (free
  after Van Riel 2007 p131)
• “starting point” for more detailed descriptions
  of company’s strategic position and direction.
  (Van Riel 2007 p131)
• “starting point” for the development of what
  Van Riel (2000) calls “sustainable corporate
  stories”. (Van Riel 2007 p131)
Reputation Platform (2)
• The distinguishing
  characteristic of a
  reputation platform is that
  everyone recognizes the                       JUST DO IT
  company on the basis of             Starting point: Action

  that platform. (Van Riel 2007
  p132)
• A reputation platform
  describes the root
  positioning that a company
  adopts when it presents
  itself to internal and external   Starting point: Speed & Service

  observers.
Criteria for quality of
Reputation Platform
(Van Riel 2007 p136)

Is the Reputation Platform
1. Relevant
2. Realistic               Fill:
3. Appealing               Tension:
                              transmit information
                                  versus
                              appeal emotions
Corporate Story:                     (Riel 2007
p144)

                                                       no
•                                                l d be 07
                                             shou ie
    A corporate story is a structuredy textual l 20
                                           r
                                 ora te sto ords. (R
    description that communicates0 the essence of
                             corp 0-60 w
                      A good an 40
    the company to allnstakeholders, helps
                      lo ger t
                               h

    strengthen the bonds) that bind employees to
                       p146
  the company, and successfully positions the
  company against rivals.
• It is built up by identifying unique elements of
  the company, creating a plot that weaves them
  together, and presenting them in an appealing
  fashion.
Building Blocks of Corporate
Stories (Riel 2007 p145-146)
• Unique elements
• Similar to product USP: Unique Selling Points.
• What makes this company different/ better/ more attractive than
others?
• According to management: “Starting Points” (Nike: Action). But is this
really appealing for employees, consumers, investors etc.?
• Unique plots
• Who are actors & what are actions?
• Rabo Bank: no investors therefore customers play main role.
• Apple story = Steve Jobs story.
• Unique presentation
       • Symbols : Visual Communication: Art


       • Communication : Textual Communication: Copy
                                                      JUST DO IT
Visual & Textual
  Communication




2D, 3D & experience
Visual & Textual
  Communication




2D, 3D & experience
Elements of good Corporate
Stories (Riel 2007 p146)

The story:
• Introduces unique words to describe the
  company
• Refers to the company’s unique history
• Describes the company’s core strengths
• Personalizes and humanizes the company
• Provides a plot line
• Addresses the concerns of multiple
  stakeholders
Creating Corporate
Stories (Riel 2007 p148-159)
• Step 1: positioning the company
• Step 2: linking the corporate story to the
  company’s identity
• Step 3: linking the story to the company’s
  reputation
• Step 4: plotting the story
• Step 5: implementing the story
• Step 6: monitoring the story’s effectiveness
Further reading
• Riel, Cees van & Charles Fombrun (2007)
  Essentials of Corporate Communication,
  Routledge London – New York
  • Chapter 6 Developing a Reputation Platform
    (28 p’s)

• Fill, Chris (2011) Essentials of Marketing
  Communications, Prentice Hall, Pearson
  • Chapter 15 Content: credibility, messages and
    creative approaches (22 p’s)

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Corporate storytelling comm kc

  • 2. Corporate Story: (Riel 2007 p144) • A corporate story is a structured textual description that communicates the essence of the company to all stakeholders, helps strengthen the bonds that bind employees to the company, and successfully positions the company against rivals. • It is built up by identifying unique elements of the company, creating a plot that weaves them together, and presenting them in an appealing fashion.
  • 3. Harold Dwight Lasswell (February 13, 1902 — December 18, 1978) • Who Says What In Which Channel To Whom With What Effect S x R effect Who Sender S Says what Message x In which Channel channel / medium To Whom Receiver R With what Effect Effect
  • 4. Corporate branding strategies (Van Riel 2007 p123) High Medium Strong endorsement endorsement Agree on Parent visibility Low Stand alone Weak endorsement Nick Leeson Low high Agree on Starting points
  • 5. Endorse & story http://en.wiktionary.org/wiki/endorse ; 9 January 2012 Verb endorse (third-person singular simple present endorses, present participle endorsing, simple past and past participle endorsed) • to support, to back, to give one's approval to, especially officially or by signature • To write one's signature on the back of a cheque when transferring it to a third party, or cashing it • To give or receive an endorsement Endorse: to support, to back, to give one's approval to, especially officially or by signature
  • 6. Endorse & story http://en.wiktionary.org/wiki/endorse ; 9 January 2012 Verb endorse (third-person singular simple present endorses, present participle endorsing, simple past and past participle endorsed) • to support, to back, to give one's approval to, especially officially or by signature • To write one's signature on the back of a cheque when transferring it to a third party, or cashing it • To give or receive an endorsement
  • 7. Endorse & story Endorse: to support, to back, to give one's approval to, especially officially or by signature • Stories are used to frame our understanding and to encourage individuals to want to become a part of the story itself and to identify with a brand and or its characters. (Fill 2011 p386)
  • 8. Communication is about storytelling • Content, message; x • Which characters play a role in this story? (Mother company, ING; CEO, Steve Jobs; etc.) • Who has the main role? • Does the brand have the main role? • Who are friends and enemies in this story? • Who endorses who?
  • 9. Creating content & messages (free after Fill p397) 1. Examine the importance and characteristics of source credibility. 2. Explore the advantages and disadvantages of using spokespersons in message presentation. 3. Discuss the impact of user-generated content. 4. Examine ideas concerning message framing and storytelling. 5. Consider the characteristics of different types of message appeal. 6. Indicate how informational and transformational motives can be used as tactical tools in advertising.
  • 10. 1. Examine the importance and characteristics of source credibility. Characteristics of a source (Kelman 1961 in Fill 2011, p376): 1.Level of perceived credibility: perceived objectivity & expertise 2.Degree to which source is regarded attractive. 3.Degree of power that source is believed to posses: ability to reward & punish. Answer these questions for:…
  • 11. 1. Examine the importance and characteristics of source credibility. (continued) Key components of source credibility (Fill 2011 p376) 1. What is the level of perceived expertise (how much relevant knowledge the source is thought to hold)? 2. What are the personal motives the source is believed to posses (what is the reason for the source to be involved)? 3. What degree of trust can be placed in what the source says or does on behalf of the endorsement?
  • 12. 2. Explore the (dis)advantages of using spokespersons in message presentation. Four main types of spokesperson (Fill p378-381): 1.Expert – 2. Celebrity 3. Chief Executive Officer – 4. Consumer
  • 13. 3. Discuss the impact of user- generated content. • Other consumers can be credible spokespersons. • They can play an important role in the story and endorse the brand. • In our era of social media it is important to reserve a role for consumers. • Mass media present a story to consumers S–[x]->R • Explain how product/ brand should be perceived. • Roles: Sender OR Receiver. with social media consumers can play a role in the story. • Making sense together. • Roles in story: Participant , ‘dance partner’.
  • 14. 4. Examine ideas concerning message framing and storytelling. Categories of stories (Fill 2011 p386): Framing puts the 1.Myths & origins: How the company message/ brand/ started, how it overcame difficulties, product in a context. where it stands for. Communication professionals thus try 2.Corporate prophecies: Predictions to associate it with about organization’s future. happiness & avoid pain. 3.Hero stories: Employees etc. who overcame a dilemma. 4.Archived narratives: Changing names, merges, etc.
  • 15. 4. Examine ideas concerning message framing and storytelling. Categories of stories (Fill 2011 p386): 1.Myths & origins: How the company started, how it overcame difficulties, where it stands for. http://www.philips.com/about/company/histor 2.Corporate prophecies: Predictions y/index.page about organization’s future. http://www.youtube.com/watch?v=ImE8ZyoKUaQ 3.Hero stories: Employees etc. who overcame a dilemma. 4.Archived narratives: Changing names, merges, etc.
  • 16. 5. Consider the characteristics of different types of message appeal. • In Corporate Communication we mainly (but not only!) think inside-out: which story do we want to tell? • But storytelling will not be effective if the message is not appealing to the audience. =>Tension: – Need to transmit information versus – Need to appeal emotions
  • 17. 5. Consider the characteristics of different types of message appeal. Need to appeal emotions; Need to transmit information; Emotional & Transformational Informational appeals appeals (Fill p388-392) • Factual • Fear • Slice of life • Humor • Demonstration • Animation • Comparative advertising • Sex • Music • Fantasy & surrealism = Form of the message.
  • 18. 6. Indicate how informational and transformational motives can be used as tactical tools in advertising. • The effect of the message is that a product/ brand is associated in the receiver’s brain with informational motives or transformational motives. • Motives make people move: buy a product etc. Transform to positive emotion: Reduce uncertainty/ fear/ • dull  elated By providing lifestyle. negative emotion. • bored  exited By providing product information. • apprehensive  flattered = Content of the message.
  • 19. Balance sender & receiver Tension: Who organization is: – transmit information Current Corporate Identity versus versus – appeal emotions What receivers desire: Desired Corporate Identity Organization has to adapt to what receivers desire BUT Organization should maintain its own identity in order to remain recognizable and attractive for employees, investors, consumers etc. THEREFORE Organization needs a Sustainable Corporate Story
  • 20. Reputation Platform (1) • Messaging content that managers want to convey in their corporate communication. (Van Riel 2007 p131) • Anchor for corporate communication (free after Van Riel 2007 p131) • “starting point” for more detailed descriptions of company’s strategic position and direction. (Van Riel 2007 p131) • “starting point” for the development of what Van Riel (2000) calls “sustainable corporate stories”. (Van Riel 2007 p131)
  • 21. Reputation Platform (2) • The distinguishing characteristic of a reputation platform is that everyone recognizes the JUST DO IT company on the basis of Starting point: Action that platform. (Van Riel 2007 p132) • A reputation platform describes the root positioning that a company adopts when it presents itself to internal and external Starting point: Speed & Service observers.
  • 22. Criteria for quality of Reputation Platform (Van Riel 2007 p136) Is the Reputation Platform 1. Relevant 2. Realistic Fill: 3. Appealing Tension: transmit information versus appeal emotions
  • 23. Corporate Story: (Riel 2007 p144) no • l d be 07 shou ie A corporate story is a structuredy textual l 20 r ora te sto ords. (R description that communicates0 the essence of corp 0-60 w A good an 40 the company to allnstakeholders, helps lo ger t h strengthen the bonds) that bind employees to p146 the company, and successfully positions the company against rivals. • It is built up by identifying unique elements of the company, creating a plot that weaves them together, and presenting them in an appealing fashion.
  • 24. Building Blocks of Corporate Stories (Riel 2007 p145-146) • Unique elements • Similar to product USP: Unique Selling Points. • What makes this company different/ better/ more attractive than others? • According to management: “Starting Points” (Nike: Action). But is this really appealing for employees, consumers, investors etc.? • Unique plots • Who are actors & what are actions? • Rabo Bank: no investors therefore customers play main role. • Apple story = Steve Jobs story. • Unique presentation • Symbols : Visual Communication: Art • Communication : Textual Communication: Copy JUST DO IT
  • 25. Visual & Textual Communication 2D, 3D & experience
  • 26. Visual & Textual Communication 2D, 3D & experience
  • 27. Elements of good Corporate Stories (Riel 2007 p146) The story: • Introduces unique words to describe the company • Refers to the company’s unique history • Describes the company’s core strengths • Personalizes and humanizes the company • Provides a plot line • Addresses the concerns of multiple stakeholders
  • 28. Creating Corporate Stories (Riel 2007 p148-159) • Step 1: positioning the company • Step 2: linking the corporate story to the company’s identity • Step 3: linking the story to the company’s reputation • Step 4: plotting the story • Step 5: implementing the story • Step 6: monitoring the story’s effectiveness
  • 29. Further reading • Riel, Cees van & Charles Fombrun (2007) Essentials of Corporate Communication, Routledge London – New York • Chapter 6 Developing a Reputation Platform (28 p’s) • Fill, Chris (2011) Essentials of Marketing Communications, Prentice Hall, Pearson • Chapter 15 Content: credibility, messages and creative approaches (22 p’s)

Editor's Notes

  1. Riel Ch 6 Developing a Reputation Platform (28 p ’ s) Fill Ch 15 Content: credibility, messages and creative approaches (p376-398 => 22 p ’ s)
  2. ? communicates: does this express an inside-out or an outside-in perspective? = inside-out : communicate to = send to = S  Presenting & appealing will be discussed in more depth during this lesson. Presenting = S  Appealing = S  xxxxxxxxxxxxxxx 12/24/12 xxxxxxxxxxxxx
  3. Communication: mainly about message & effect (we need media for communication, but they come on the second place; communication is about more than media). xxxxxxxxxxxxxxx 12/24/12 xxxxxxxxxxxxx
  4. 1.Barings was an independent bank. 2. Barings was acquired by ING; kept famous brand but was endorsed by ING. ? Why did ING maintain Barings brand? = clients, employees etc. had a strong relationship with brand. ? Why would ING endorse the Barings brand? = Barings is small. ING is big. Big is safe. Money should be safe. 3. Nick Leeson almost brought Barings down with risky financial tricks, from 1992 onwards. This had a bad influence on Barings reputation. They could use a stronger endorsement of a big strong bank. In 1995 Barings was sold. 4. ING has several divisions now; one of them is ING Investment Management. xxxxxxxxxxxxxxx 12/24/12 xxxxxxxxxxxxx
  5. Two step flow. xxxxxxxxxxxxxxx 12/24/12 xxxxxxxxxxxxx
  6. Corporate prophecies are not present very often: mainly for start-ups. Was relevant during the rise of the internet bubble. Like Google in the beginning, but how long can a company play the role of a start-up? xxxxxxxxxxxxxxx 12/24/12 xxxxxxxxxxxxx
  7. Sustainable : lasting for a long period. xxxxxxxxxxxxxxx 12/24/12 xxxxxxxxxxxxx
  8. Repetition of previous slide. Presenting & appealing will be discussed in more depth during this lesson. Presenting = S  Appealing = S  xxxxxxxxxxxxxxx 12/24/12 xxxxxxxxxxxxx
  9. xxxxxxxxxxxxxxx 12/24/12 xxxxxxxxxxxxx