10 December 2008, Communication crunch? By Jonathan Hemus, Insignia director
Launching Insignia, a new communication consultancy, amidst acute economic and business uncertainty might seem like bad timing. Not in my view. Whilst that’s partly because my glass is never less than half full, it’s also because purposeful communication that drives against business objectives is more important now than ever.
As businesses strive to maintain competitiveness, a strong reputation fuelled by effective communication can set you apart from the crowd. In early December, legions of stories about struggling retailers filled the media. But Visa and the Internet retailers bucked the trend with a clever and well planned twist on this – "Mega Monday" which predicted a bumper on-line shopping day on Monday 8 December. The story was splashed across the Sunday and Monday newspapers, statistics from Visa were featured widely on-line and Play.com's managing director appeared on the main TV channels talking about unprecedented demand for products from their site. All in all, a great example of grabbing the media agenda and using communication to skilfully promote a business.
Other corporations are looking at ways to reduce their cost base to stay competitive and moving manufacturing, finance and customer service centres from western Europe to lower cost economies. The market may demand this, and the sums may add up, but unless the changes are communicated well – to employees, investors, customers, the media - they can cause major reputational damage, virtually negating the financial benefits they bring. So, well planned, thoughtful communication is in high demand here too.
And in an environment where some businesses are fighting for survival, the need for thorough crisis and issues management is crucial. Whereas businesses can take their time to recover from mediocre crisis management in buoyant economic times (not that I'm recommending this approach!), in a tougher climate it can be fatal. So prevention, preparation and high quality crisis communication are essential.
So, there's certainly no slush fund to lavish on random spin doctoring as we brace ourselves for a challenging 2009. But there is demand for high quality, purposeful communication targeted directly at meeting business imperatives. The organisations that embrace this approach are likely to be the ones that emerge from the economic gloom stronger, more competitive and with enhanced reputations.
If I'm right, there’s never been a better or more relevant time to be launching a consultancy offering communication with a purpose.
A selection of recent reports, letters, releases and features from Insignia.
- 30 Jan 2012, RBS In-House Team Leads Media Relations Around Stephen Hester Bonus PR Week (external link)
- 25 Jan 2012, LA Fitness endures social media nightmare The Drum (external link)
- 13 Jan 2012, Brand Analysis: How can Tesco's trading turnaround? The Drum (external link)
- 13 Jan 2012, In the shadow of giants Communicate Magazine (external link)
- 08 Dec 2011, Did PayPal's apology solve its Grinch problem? Ragan (external link)
- 16 Nov 2011, Maitland Handling Comms Around Loyd Grossman Sauce Contamination Scare PR Week (external link)
- 18 Sept 2011, Should you stick by brand principles even when it affects profits? The Drum (external link)
- 20 Sept 2011, UBS In 'Tight-Lipped' Approach To Kweku Adoboli Rogue Trader Story PR Week (external link)
- 14 Sept 2011, Tarnished Brands PR Week (external link)
- 30 Aug 2011, Documents Reveal Gaddafi Plans To Embark On An Anti-Nato PR Campaign In Britain PR Week (external link)
- 27 Aug 2011, Virgo Health Working To Dispel Nurofen Plus Sabotage Rumour PR Week (external link)
- 26 Aug 2011, Is deliberate sabotage behind anti-psychotic drugs finding their way into Nurofen Plus packets? The Periscope Post (external link)
- 26 Aug 2011, A Taste Of Someone Else’s Medicine Pharmtech Talk (external link)
- 26 Aug 2011, Crisis PR Analysis: Jonathan Hemus considers the Nurofen Plus crisis The Drum (external link)
- 22 Aug 2011, Can ads that grate be great?: Haribo and Gocompare in the spotlight The Drum (external link)
- 22 Aug 2011, Shell UK Head Of Media Relations Sally Hepton Defends Oil Leak Media Handling PR Week (external link)
- 16 July 2011, Campbell: 'Major Errors' In Hacking Response Sky News (external link)
- 21 June 2011, FIFA’s sticking plaster leaves the patient in a critical condition The Drum (external link)
- 02 June 2011, Cadbury's 'racist' Naomi Campbell advert could damage firm's reputation Birmingham Post (external link)
- 01 June 2011, FIFA Urged To 'Come Clean' In Order To Rescue Broken Reputation PR Week (external link)
