CCI Corporate Communication Practices and Trends 2011: United States Final Report

Similar documents
CORPORATE COMMUNICATION PRACTICES & TRENDS 2001

2010 State of the CIO SURVEY. Exclusive Research from CIO magazine

Introduction. The Assessment consists of: A checklist of best, good and leading practices A rating system to rank your company s current practices.

2010 Edelman Trust Barometer January 22, 2010

AICPA Business & Industry U.S. Economic Outlook Survey 3Q 2014

MONEY IN POLITICS JANUARY 2016

HAVE YOU EVER HAD FCPA RELATED JOB RESPONSIBILITIES? A. Yes B. No. Yes

RETIREMENT READINESS IN THREE COUNTRIES WHO IS READY TO RETIRE?

Transcript Budget Principles. Slide 1: Budget Principles. Slide 2: Student Learning Outcomes

3 P a g e. Following is a summary of key points that were made:

Aligning Marketing and Finance with Generally Accepted Standards for Valuing Brands: Opportunities and Obstacles

REPORT FROM THE BUY SIDE: THE POWER OF INTANGIBLE FACTORS ON INVESTMENT DECISIONS

In-House Counsel Barometer 2009

Here Come the Millennials

2017 Edelman Trust Barometer. Special Report: Institutional Investors New Challenges and Expectations for Public Companies

THE COMPLIANCE & ETHICS FORUM FOR LIFE INSURERS CEFLI Compliance and Ethics. Benchmarking Survey Report. Benchmarking Survey Report

Table of Contents Topic 1: Marketplace Dynamics Topic 2: Firm Growth Strategies Topic 3: Marketing Spending Topic 4: Firm Performance

Developing a new generation of mortgage banking leaders

- 8/15/16 RE: PRELIMINARY ANALYSIS:

Detailed Survey Results 4Q 2016

National Civic Engagement Survey Spring 2015 Descriptive Statistics

Who s the boss? Trends in CIO reporting structure

ONLINE FUNDHOLDER ENGAGEMENT SURVEY

Edelman Trust Barometer

PayStand s Guide to Understanding ACH and echeck. How to Receive Direct Bank Payments Online

Reputation Risk Management building reputation resilience

ADVISORS < PARTNERS < CATALYSTS

Dragonfly, LLC New York, USA

THE NEXT GENERATION OF TRUST. Iñigo Bengoechea, CFA Global Head of Government and Regulator Relations CFA Institute January 2019

ROYAL BANK OF CANADA SCOTIA CAPITAL FINANCIALS SUMMIT SPEECH 2012 WEDNESDAY, SEPTEMBER 5, 2012

B U I L D I N G A F R I C A N - A M E R I C A N A N D L A T I N O P I P E L I N E S F O R T H E F I N A N C I A L S E R V I C E S I N D U S T R Y

IR Global Trends: Activism and Corporate Governance

YouGov / Public Relations Consultants Association (PRCA) Sample Size: 114 PRCA Members Fieldwork: 10th July - 22nd August 2014

HEALTH SPENDING AND REFORM IMPLEMENTATION OCTOBER 2011

AICPA Business & Industry U.S. Economic Outlook Survey 4Q 2014

The Big Switch follow up survey. Preliminary results

PRIVATE CAPITAL ADVISORY SERVICES EXPERTS WITH IMPACT TM

2018 THE STATE OF RISK OVERSIGHT

people and culture are key to our success

Assessing Awareness About & Interest in. Impact Investing in the DC Region

Insurance 2020 & Beyond

ESG: Impact on Companies Doing Business in America and Why They Must Care

1 Edelman, All rights reserved. EDELMAN TRUST BAROMETER APAC RESULTS

D I S C L O S U R E P O L I C Y. ~ To provide timely, accurate and balanced disclosure ~

In co-operation with. Atradius Payment Practices Barometer. Survey of Payment Behaviour of European Companies

High Net Worth Men Vs. Women. A Spectrem Group White Paper

Graduating Student Survey Class of 2018

THE GREAT RECESSION, 10 YEARS LATER

Benchmarking Privacy Management and Investments of the Fortune Report on Findings from 2014 Research

Engagement Study February 2014

Developing the Next Generation of Chief Diversity Officers in Higher Education

2017 YEAR-END ECONOMIC REPORT SPONSORED BY

Effective Corporate Budgeting

2004 Chicago CFO of the Year Award Best Practices

Stakeholders of Allianz SE from the fields of politics, media, NGOs, academia, the corporate sector, and managers at Allianz

National Influence. ...Local Connection. By Tanya Howe Johnson, CAE

TEAM Management System For a New Era of Accountability

Detailed Survey Results 2Q 2016

What Will Your Nonprofit Look Like When the Economic Dust Settles? Financial Priorities and Processes

ima The Association of Accountants and Financial Professionals in Business

The Real Deal 2018 Retirement Income Adequacy Study

MARK E. KIMBELL APRIL 17, 2009 ASSOCIATION OF FUNDRAISING PROFESSIONALS GREATER HOUSTON CHAPTER. Closing Major Gifts

Trial by fire* Protected. But under pressure to perform

ZILLOW GROUP, INC. Q EARNINGS PREPARED REMARKS. NOVEMBER 03, p.m. Pacific Time. RJ Jones, VP of Investor Relations:

2017 Consulting Services Expenditure City Divisions and Major Agencies and Corporations

Strategic Planning Developing an IR Plan

Balanced Scorecard REPORT

Mortgage Metrics Matter

A New Federal Performance Framework

GIPS AND THE ASIAN MARKET. Annie K. Lo, CFA, CIPM, CAIA

The Board and Risk Oversight: Increasing Transparency Through Proxy Disclosure

Investors Perspective: No Outperformance without Reputation Results of the DAA trend study regarding capital market communication (2015/2016)

ZILLOW GROUP, INC. Q EARNINGS PREPARED REMARKS November 1, RJ Jones, VP of Investor Relations:

An offer they can t refuse

Keep Calm and Carry On! How to Administer Special Events in Equity Compensation

#WHENWOMENTHRIVE. Carole Jackson Principal, Denver

NONPROFIT AGENDAS FEBRUARY/MARCH Does your board understand budget-speak? Upgrade your internal controls Reviewing the COSO framework can help

Then and Now: Understanding Boomers' Evolving Perspectives

2010 Insurance Shopping Study SM. Courting the Millennials When Generation Y Shops for Insurance May 2010 Insurance Practice

You spent a lot of money to get her attention. Did you get what you paid for?

Summary of the Survey on Corporate Philanthropic Activities in Fiscal 2014 October 20, 2015 Keidanren 1% (One-Percent) Club

#EdelTrust AUSTRALIA

HISTORY OF GUARDIAN LIFE OF THE CARIBBEAN LIMITED

INTRODUCTION, METHODS, AND UBC DATA

financial security income earners

2018 WEX Health Clear Insights Report. Easing Workers Concerns about the Rising Cost of Healthcare

state of the cio 2016

Office of the Chief Operating Officer

CORPORATE INVESTMENT. for Treasury & Accounting Professionals RESULTS AND ANALYSIS. conducted by

Brunel: an overview for fund managers

Detailed Survey Results 3Q 2016

IMPLEMENTING YOUR TRUST AND INVESTMENT STRATEGY AFOA 16 TH NATIONAL CONFERENCE 2016

United States: Evolving toward Next-Level Taxpayer Service. Accenture Digital Taxpayers Research and Insights

Accenture 2014 High Performance Finance Study. Insurance Report GROWTH INTEGRATION

MILLENNIALS AND BRANDS. Prepared by: QNA May, 2016

2015 Global Audit Committee Survey. KPMG s Audit Committee Institute. kpmg.com/globalaci

Energize Your Enterprise Risk Management

The Actuarial Profession: A Global Perspective

Ownership Succession / Transition Strategies

Office of Inspector General

Transcription:

CORPORATE COMMUNICATION INTERNATIONAL at Baruch College/CUNY CCI Corporate Communication Practices and Trends : United States Final Report Dr. Michael B. Goodman Director, Corporate Communication International Professor and Director, MA in Corporate Communication Baruch College, City University of New York with Christina Genest, CCI Associate Director and Research Assistants Annie Keller, Darnide Cayo, Samantha Gouy www.corporatecomm.org 1

Briefing Overview: Key Insights (1) -- CCI Study 1 Transformation of the discipline through dramatic consolidation of internal & external functions -- marketing, PR, employee relations 2 Increased pressure as a result of continuing static budget & staff changes reflect continued global economic uncertainty 3 Increased attention to corporate culture & employee communication 4 Dramatic increases in complexity and speed in response to social media s role and importance in corporate practice 5 Communication executives continue to see their primary role as counsel to the CEO & manager of the company s reputation www.corporatecomm.org 2

Briefing Overview: Key Insights (2) -- CCI Study 6 Dramatically decreased responsibility for the management of IR 7 Dodd-Frank Wall Street Reform Act (1) aligns with leading practices 8 Citizens United decision -- leading practices reenforce non-partisanship 9 Decreased use of vendors to help with critical functions; slight increases in Media Relations, PR, Community Relations, Intranet, Social Media 1 Expanded skill set -- even greater emphasis on business acumen & the ability to articulate ideas & to persuade others www.corporatecomm.org 3

Focus of this Briefing Key Insights (1) from the CCI Practices & Trends Study Key corporate communication function & budget responsibilities Responses to three open-ended questions Interview responses to ten open-ended questions Survey Data - (64 Charts) for reference www.corporatecomm.org 4

Goals of the Study Outline & analyze the state of the art for Corporate Communication practice in public, multinational companies Continue the CCI Studies from - 9 Identify & analyze Corporate Communication practices Identify trends and determine leading practices in Corporate Communication Continue to build the database for further study Distribute Key Findings to the academic and professional communities www.corporatecomm.org 5

Methods of the Study Survey: 27 Questions Survey available online with password access Mailed to 1 companies: Spring Follow-up postcard reminder: April Telephone calls and Email reminders: May-July Response rate: 6.5 13 Telephone Interviews (6.5 hours): May September www.corporatecomm.org 6

Industry Sectors for [Q #1] Consumer Products Pharmaceutical Consumer Heath Care Financial Services Insurance R&D Information Tech Maufact. Sales & Marketing Energy Telecom Media Consulting Tranportation 2 4 6 8 1 12 14 16 18 www.corporatecomm.org 7

Number of Employees [Q#3] 35 3 25 15 1 5 up to 1 1k - 4.9k 5k - 9.9k 1k - 14.9k 15k - 19.9k k - 24.9k 25k - 29.9k 3k - 39.9k k + k - 49.9 5k + 5 7 9 www.corporatecomm.org 8

Corporate Communication Dollar Value [Q#17] 35 3 25 15 1 5 <5 5K - <1M 1M - <5M 5M - <7.5M 7.5M - <1M >1M 1M -19M M + 5 7 9 www.corporatecomm.org 9

Key Study Insights (1)* Transformation of the discipline through a dramatic consolidation of internal & external communication functions -- marketing, public relations, employee relations TREND: Increases internal focus through greater budgets for corporate culture, intranet, employee communication; Increases in external focus through increased budget levels for reputation management, issues management, government relations, social media OPPORTUNITY: Consider the importance of empowering employees and customers * Q 13, 14, 15,16; Interviews www.corporatecomm.org 1

Key Study Insights (2)* Increased pressure as a result of continuing static budget & staff changes reflect continued global economic uncertainty; Modest budget (28) and staff (27.4) increases reflect overall corporate caution in response to the global economic downturn, contrasting sharply with decreases in 9 Nevertheless, communication executives remain optimistic that their budgets will not be among the first to be cut (88.2), reflecting the value of the function TREND: Decreasing resources continue to drive corporate communicators to accomplish even more with less OPPORTUNITY: Leverage the corporation s culture and its employee ambassadors through media technology to add strategic advantage and value * Q 13,14,15,16,18, 22; Interviews www.corporatecomm.org 11

Staff Changes [Q#14] 1 9 8 7 6 5 3 1 5 7 9 INCREASED Staff 7 9 (.3) (27.4) 21.7 1.9 15.6 [5 incr] 1.7 3.1 3.9 [1 incr] 1.6 7.8 [15 incr] 3.3 4.7 [15+] 7 DECREASED Staff 9 (28.1) (11.7) 11.7 12.5 7.8 [5 decr] Increase No Chg Decrease 1.7 3.1 3.9 [1 decr] 3.3 3.1 [15 decr] 3.3 9.4 [15+ decr] www.corporatecomm.org 12

Budget Changes [Q#15] INCREASED Budget 9 8 7 9 (18.4) (28) 7 6 5 3 1 5 7 9 23. 9.2 12 [5 incr] 8.2 4.6 1 [1 incr] 4.9 3.1 2 [15 incr] 1.6 1.5 4 [15+] DECREASED Budget 7 9 (43.1) () 8.2 1.8 8 [5 decr] 3.3 15.4 8 [1 decr] Increase No Chg Decrease 1.6 4.6 2 [15 decr] 8.2 12.3 2 [15+] www.corporatecomm.org 13

Budget Cuts to Reduce Cost [Q#18] 9 8 7 6 5 3 1 First Cut No Change Last Cut 5 7 9 www.corporatecomm.org 14

Key Study Insights (3)* Increased attention to corporate culture & employee communication in response to continued uncertainty in global economic conditions, business model transformation, & the networked enterprise TREND: Renewed internal focus is driven by an understanding of the employees essential role in the networked enterprise, the need to boost employee morale, and reflect a reluctance to commit resources to hiring additional staff. OPPORTUNITY: Position for an economic recovery, or continued global economic weakness * Q 13, 14, 15,16; Interviews www.corporatecomm.org 15

Key Study Insights (4)* Dramatic increases in complexity and speed in response to social media s role and importance in corporate practice TREND: Communication officers continuing increases in the responsibility for the social media function (84.3, up 6.3 from 9) and its budget (74.5 up 1.5 from 9); increased use of vendors for social media (38.8; up from 28 in 9) OPPORTUNITY: Focus new technology internally and externally for clearly defined strategic purposes * Q 13,16, 22, Interviews www.corporatecomm.org 16

Corporate Communication Functions & Budget (23) [Q13,16] Social Media [new in 9] 1 9 8 7 6 5 3 1 Yes - Function No - Function Yes - Budget No - Budget 9 www.corporatecomm.org 17

Key Study Insights (5)* Communication executives continue to see their primary role as counsel to the CEO & manager of the company s reputation TREND: Reputation management continues to grow in importance and in budget allocation; Strategic communication counsel has been cited as the primary role for corporate communication officers since the first CCI Study more than a decade ago. OPPORTUNITY: Reputation management requires a strategic partnership and counsel with the CEO * Q 13, 16, 21, 25; Interviews www.corporatecomm.org 18

Corporate Officer Best Prepared to Manage Reputation [Q 25] Corporate Officer Chief Executive Officer (CEO) Chief Communication Officer (CCO) CEO and CCO CEO & Chief Marketing Officer (CMO) CFO Corporate Counsel Other 41.6 22.9 25 2 2 2 4 www.corporatecomm.org 19

Corporate Communication Functions & Budget (22) [Q13,16] Reputation Management 1 9 8 7 6 5 3 1 Yes - Function No - Function Yes - Budget No - Budget 5 7 9 www.corporatecomm.org

Key Study Insights (6)* Dramatically decreased responsibility for the management of Investor Relations; Lowest responsibility for the management of the IR function (15.7) & budget (7.8) since the first CCI Study, reflecting corporate uncertainty However, overwhelmingly engaged with the Annual Report function (7.6) and budget (6.8) TREND: Communication with shareholders, the capital markets, & other stakeholders during a weak economy remains essential in maintaining positive relationships OPPORTUNITY: Develop and communicate strategic understanding of the volatile business environment * Q 13,16,23,24; Interviews www.corporatecomm.org 21

Corporate Communication Functions & Budget (17) [Q13,16] Investor Relations 1 9 8 7 6 5 3 1 Yes - Function No - Function Yes - Budget No - Budget 5 7 9 www.corporatecomm.org 22

Corporate Communication Function & Budget (2) [Q13,16] Annual Report 1 8 6 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 23

Key Study Insights (7)* Dodd-Frank Wall Street Reform and Consumer Protection Act (1) aligns with leading practices TREND: Most (75) communication officers report that the new legislation has had no, limited, or minimal impact on corporate communication, adding that their transparency policies were in place before the legislation was passed. OPPORTUNITY: Demonstrate that your organization takes regulatory reform and consumer protection seriously; and help regulators and lawmakers understand your businesses * Q 24; Interviews www.corporatecomm.org 24

Key Study Insights (8)* Citizens United vs Federal Election Commission Supreme Court decision -- leading practices re-enforce nonpartisanship TREND: Communication officers report that U.S. Supreme Court ruling has had no, limited, or minimal impact on corporate communication, adding that their corporate political campaign contribution policies are long standing and transparent OPPORTUNITY: Demonstrate that your organization exercises its financial and political influence responsibly * Interviews www.corporatecomm.org 25

Key Study Insights (9)* Decreased use of vendors to help with critical functions; slight increases in use for Media Relations (up 3.9), PR (up 5), Community Relations (3.6), Intranet (1.5), Social Media (1.8) TREND: Complexity and uncertainty drive the use of vendors, interns, and contingent workers ; dependence on outside experts at the expense of developing internal capability and expert counsel OPPORTUNITY: Global agencies offer experience and expertise without long-term commitment * Q 22; Interviews www.corporatecomm.org 26

Key Study Insights (1)* Expanded skill set with even greater emphasis on business acumen, as well as the ability to articulate ideas & persuade others Demographic profile of top Corporate Communication officers younger (56 55; in 9 6 over 5); better paid (48 above $3k; in 9 33 above $3k) & better educated; mostly male (75; in 9 66.7) TREND: Corporate communication executive officers are middle-aged, and 1 out of 4 is paid over $5K OPPORTUNITY: Consider the different experiences between managers & their staff in employee communication; Develop the business competencies of new staff & leadership experience of managers * Interviews; Q 6,7,8,1 www.corporatecomm.org 27

Age - Corporate Communication Executives [Q#7] 35 3 25 15 1 5 5 7 9-34 35-39 -44 45-49 5-54 55-59 6-64 65+ www.corporatecomm.org 28

Key Functions [Q13] (yes) Communication Strategy 1. Media Relations 98.* Public Relations 98.* Communication Policy 96.1* Crisis Communication 94.1* Executive Communication 92.2* Reputation Management 88.2* Employee (Internal) Comm 88.2* Intranet Communication 88.2* Social Media 84.3 Internet Communication 8.4 Issues Management 78.4 Annual Report 7.6 Community Relations 62.7 * Almost ubiquitous Mission Statement 6.8 Corporate Culture 56.9 Corporate Citizenship 56.9 Corporate Identity 54.9 Brand Strategy 45.1 Marketing Communications 41.2 Advertising 35.3 Government Relations 21.6 Investor Relations 15.7 Technical Communication 11.8 Training & Development 9.8 Ethics 7.8 Labor Relations 2. www.corporatecomm.org 29

Role of Corporate Communication In Companies [Q21] Respondents RANKED the following functions that best describe their role:* 1. Manager of company s reputation (4.6) 2. Counsel to the CEO & the Corporation (4.16) 3. Manager of the company s image (5.11) 4. Manager of employee relations (internal comm.) (5.17) 5. Advocate or engineer of public opinion (5.6) 6. Driver of company publicity (5.83) 7. Source of public information about the company (6.3) 8. Branding & brand perception steward (7.29) 9. Member of the company s strategic planning leadership team (7.46) 1.Manager of relationships -- co. & ALL key constituencies (7.83) 11.Support for marketing & sales (8.15) 12.Manager of relationships co. & NON-customer constituencies (8.16) 13.Corporate citizenship champion (8.36) 14.Other (8.5) * Response average lower number equals higher raking 1-13 www.corporatecomm.org 3

Open-Ended Questions Selected Responses [Q23] Impact of executive compensation issue on the practice of corporate communication Minimal impact. Managed as another significant issue. Executive Compensation was a major issue for us 15 years ago, but it has not been a major issue or concern for us for many years. It is not a significant issue for us. It hasn't to a great degree. My department is responsible for the annual proxy, and we've certainly changed a number of things to be more transparent and in line with new SEC regulations on compensation disclosure, but by and large they are minimal and haven't had an impact on the way we generally communicate. www.corporatecomm.org 31

Open-Ended Questions -- Selected Responses [Q24] Impact of the 1 Dodd-Frank Wall Street Reform and Consumer Protection Act almost 75 say, No impact. Limited. Minimal. but Significant impact. Increased workload by about. It has impacted our financial reporting far more than it has corporate communications. During earnings times, we now have to be more specific in certain areas and report certain items in a way that Wall Street isn't used to, but other than adding some complexity to the process, it hasn't significantly changed the way we communicate. Communications plays a role in ensuring that our organization is characterized as taking seriously regulatory reform that protects the interests of consumers, while helping regulators and lawmakers understand our businesses. www.corporatecomm.org 32

Interview -- Ten Open-Ended Questions Ten questions sent by e-mail telephone interview followed: The top three critical issues in corporate communication Strategic importance of corporate communication Top three trends in corporate communication in companies Trends unique to the corporation s industry or sector Contribution to the overall success of the corporation Core competencies Impact of Dodd-Frank legislation Impact of Citizens United vs the Federal Election Commission The practice of corporate communication in the future Additional comments www.corporatecomm.org 33

Interview Questions -- Selected Responses The top three critical issues in corporate communication the complexity of businesses, organizations, corporations, government.our institutions have become incredibly complex and hard for the public to understand, hard for our stakeholders to understand, hard for our customers to understand. That in itself undermines confidence and leads to disengagement. better ways to communicate the fact that yes-it is a corporation but really it s a band of people working toward a mission or set of goals. employee engagement trust and credibility of corporate being realistically optimistic INSIDE a company can you be optimistic and realistic at the same time? www.corporatecomm.org 34

Interview Questions -- Selected Responses Top three trends in corporate communication in companies growth in social media, focus on reputation management, and a greater emphasis on employee communications. being less of a communication manager and producer and more towards communication advisor and counselor more of dialogue more emphasis on listening to the public... A lot more engagement with stakeholders. immediacy, time required/allowed to respond is collapsing. the breakdown of barriers between internal and external... Everything internal has the potential to go external Everything gets leaked to the outside world in one way or another. mobility. the interactivity that smartphones and other devices are offering again changes the way we can communicate and changes profoundly the way customers expect us to communicate. www.corporatecomm.org 35

Interview Questions Selected Responses Impact of Citizens United vs the Federal Election Commission Not much because we really don t take a stand on any issues because it would get us in trouble with our customers so we are not very active in that area. This hasn t had a big impact on us. We re already one of the nation s largest lobbyists. Over time, we ve made numerous changes around transparency people can go and see what we ve given to whom and why. Minimal impact to us Let me put it this way a very small portion of my time would be spent on communication impacting legislation. Not at all. We don t donate corporate money to those types of political campaigns. www.corporatecomm.org 36

CORPORATE COMMUNICATION INTERNATIONAL at Baruch College/CUNY CCI Corporate Communication Practices and Trends : United States Final Report THANKS! www.corporatecomm.org 37

CCI Study Survey Data [Includes information from previous CCI Studies --, 1, 2, 3, 5, 7, 9, ] www.corporatecomm.org 38

Industry Sectors for [Q #1] Consumer Products Pharmaceutical Consumer Heath Care Financial Services Insurance R&D Information Tech Maufact. Sales & Marketing Energy Telecom Media Consulting Tranportation 2 4 6 8 1 12 14 16 18 www.corporatecomm.org 39

Role of Corporate Communication In Companies [Q21] Respondents RANKED the following functions that best describe their role:* 1. Manager of company s reputation (4.6) 2. Counsel to the CEO & the Corporation (4.16) 3. Manager of the company s image (5.11) 4. Manager of employee relations (internal comm.) (5.17) 5. Advocate or engineer of public opinion (5.6) 6. Driver of company publicity (5.83) 7. Source of public information about the company (6.3) 8. Branding & brand perception steward (7.29) 9. Member of the company s strategic planning leadership team (7.46) 1.Manager of relationships -- co. & ALL key constituencies (7.83) 11.Support for marketing & sales (8.15) 12.Manager of relationships co. & NON-customer constituencies (8.16) 13.Corporate citizenship champion (8.36) 14.Other (8.5) * Response average lower number equals higher raking 1-13 www.corporatecomm.org

Number of Employees [Q#3] 35 3 25 15 1 5 up to 1 5k - 9.9k 1k - 4.9k 1k - 14.9k 15k - 19.9k 25k - 29.9k k - 24.9k 3k - 39.9k k + 5k + k - 49.9 1 2 3 5 7 9 www.corporatecomm.org 41

Corporate Communication Dollar Value [Q#17] 5 45 35 <5 5K - <1M 1M - <5M 5M - <7.5M 7.5M - <1M >1M 1M -19M >M 3 25 15 1 5 1 2 3 5 7 9 www.corporatecomm.org 42

Age - Corporate Communication Executives [Q#7] 35 3 25 15 1 5-34 35-39 -44 45-49 5-54 55-59 6-64 65+ 1 2 3 5 7 9 www.corporatecomm.org 43

Gender -- Communication Executives [Q# 6] 8 7 6 5 3 1 Male Female 1 2 3 5 7 9 www.corporatecomm.org 44

Education - Communication Executives [Q#8] 7 6 5 3 1 2 3 5 7 9 1 Ph.D JD BA BS MA MS MBA some col www.corporatecomm.org 45

Salary [Q#1] 45 35 3 25 15 1 5 1 2 3 5 7 9 5, < - 5k 99.9k - 1k 149k -15k 199k -1k 199k - k 299k + 3k -3k 399k -k 499k +5k $ www.corporatecomm.org 46

Reporting Lines [Q#12] 6 5 1 2 3 5 7 9 3 1 CEO CFO COO CMO Counsel Other www.corporatecomm.org 47

Communication Officer Reporting Line [Q 12] Top Communication Officer Reports to: Chief Executive Officer (CEO) Chief Financial Officer (CFO) Corporate Counsel Chief Operating Officer (COO) Chief Marketing Officer (CMO) Other 56 4 6 4 12 22 www.corporatecomm.org 48

Titles for Top Communication Officer [Q 5] Titles for Top Communication Officer: VP, Corporate Communication Director, Corporate Communication SVP, Corporate Communication Chief Communication Officer VP, Corporate Affairs VP, Public Affairs Corporate Communication Manager Other 34.6 5.8 26.9 13.4 3.8 3.8 5.8 7.6 www.corporatecomm.org 49

Corporate Officer Best Prepared to Manage Reputation [Q 25] Corporate Officer Chief Executive Officer (CEO) Chief Communication Officer (CCO) CEO and CCO CEO & Chief Marketing Officer (CMO) CFO Corporate Counsel Other 41.6 22.9 25 2 2 2 4 www.corporatecomm.org 5

Budget Changes [Q#15] INCREASED Budget 9 8 7 6 5 3 1 Increase No Chg Decrease 1 2 3 5 7 9 7 9 (18.4) (28) 23. 9.2 12 [5 incr] 8.2 4.6 1 [1 incr] 4.9 3.1 2 [15 incr] 1.6 1.5 4 [15+] DECREASED Budget 7 9 (43.1) () 8.2 1.8 8 [5 decr] 3.3 15.4 8 [1 decr] 1.6 4.6 2 [15 decr] 8.2 12.3 2 [15+ decr] www.corporatecomm.org 51

Budget Cuts to Reduce Cost [Q#18] 9 8 7 6 5 3 1 First Cut Neither Sooner or Later Last Cut 1 2 3 5 7 9 www.corporatecomm.org 52

Staff Changes [Q#14] 1 9 8 7 6 5 3 1 1 2 3 5 7 9 Increase No Chg Decrease INCREASED Staff 7 9 (27.4) 21.7 1.9 15.6 [5 incr] 1.7 3.1 3.9 [1 incr] 1.6 7.8 [15 incr] 3.3 4.7 [15+] DECREASED Staff 7 9 (11.7) 11.7 12.5 7.8 [5 decr] 1.7 3.1 3.9 [1 decr] 3.3 3.1 [15 decr] 3.3 9.4 [15+ decr] www.corporatecomm.org 53

Key Functions [Q13] (yes) Communication Strategy 1. Media Relations 98.* Public Relations 98.* Communication Policy 96.1* Crisis Communication 94.1* Executive Communication 92.2* Reputation Management 88.2* Employee (Internal) Comm 88.2* Intranet Communication 88.2* Social Media 84.3 Internet Communication 8.4 Issues Management 78.4 Annual Report 7.6 Community Relations 62.7 * Almost ubiquitous Mission Statement 6.8 Corporate Culture 56.9 Corporate Citizenship 56.9 Corporate Identity 54.9 Brand Strategy 45.1 Marketing Communications 41.2 Advertising 35.3 Government Relations 21.6 Investor Relations 15.7 Technical Communication 11.8 Training & Development 9.8 Ethics 7.8 Labor Relations 2. www.corporatecomm.org 54

Corporate Communication Function & Budget (1) [Q13,16] 1 8 6 Advertising 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 55

Corporate Communication Function & Budget (2) [Q13,16] 1 8 6 Annual Report 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 56

Corporate Communication Functions & Budget (3) [Q13,16] 1 8 Brand Strategy (new --2) 1 2 3 5 7 9 6 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 57

Corporate Communication Functions (4) [Q13] 1 8 6 Communication Policy & Strategy 1 2 3 5 7 9 Yes - Policy No - Policy Yes - Strategy No - Strategy www.corporatecomm.org 58

Corporate Communication Functions & Budget (5) [Q13,16] 1 9 8 7 6 5 3 1 Community Relations 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 59

1 9 8 7 6 5 3 1 Corporate Communication Functions & Budget (6) [Q13,16] Corporate (Organizational) Culture 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 6

Corporate Communication Functions & Budget (7) [Q13,16] 1 9 8 7 6 5 3 1 Corporate Identity 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 61

Corporate Communication Functions & Budget (8) [Q13,16] 1 9 8 7 6 5 3 1 Mission Statement 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 62

Corporate Communication Functions & Budget (9) [Q13,16] 1 9 8 7 6 5 3 1 Philanthropy (Citizenship) 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 63

Corporate Communication Functions & Budget (1) [Q13,16] 1 9 8 7 6 5 3 1 Crisis & Emergency 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 64

Corporate Communication Functions & Budget (11) [Q13,16] 1 9 8 7 6 5 3 1 Employee Relations 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 65

Corporate Communication Functions & Budget (12) [Q13,16] 1 9 8 7 6 5 3 1 Yes - Function Ethics Code No - Function 1 2 3 5 7 9 www.corporatecomm.org 66

Corporate Communications Functions & Budget (13) [Q13,16] 1 9 8 7 6 5 3 1 Executive Speeches 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 67

Corporate Communication Functions & Budget (14) [Q13,16] 1 9 8 7 6 5 3 1 Government Relations Yes - Function No - Function Yes - Budget No - Budget 1 2 3 5 7 9 www.corporatecomm.org 68

Corporate Communication Functions & Budget (15) [Q13,16] 1 9 8 7 6 5 3 1 Internet Site 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 69

Corporate Communication Functions & Budget (16) [Q13,16] 1 9 8 7 6 5 3 1 Intranet Site 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 7

Corporate Communication Functions & Budget (17) [Q13,16] 1 9 8 7 6 5 3 1 Investor Relations Yes - Function No - Function Yes - Budget No - Budget 1 2 3 5 7 9 www.corporatecomm.org 71

Corporate Communication Functions & Budget (18) [Q13,16] 1 9 8 7 6 5 3 1 Issues Management 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 72

Corporate Communication Functions & Budget (19) [Q13,16] 1 9 8 7 6 5 3 1 Marketing Communications 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 73

Corporate Communication Functions & Budget () [Q13,16] 1 9 8 7 6 5 3 1 Media Relations 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 74

Corporate Communication Functions & Budget (21) [Q13,16] 1 9 8 7 6 5 3 1 Public Relations 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 75

Corporate Communication Functions & Budget (22) [Q13,16] 1 9 8 7 6 5 3 1 Reputation Management 1 2 3 5 7 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 76

Corporate Communication Functions & Budget (23) [Q13,16] 1 9 8 7 6 5 3 1 Social Media [new in 9] 9 Yes - Function No - Function Yes - Budget No - Budget www.corporatecomm.org 77

Agency or Vendor Use (1) [Q22] 1 8 6 Advertising 1 2 3 5 7 9 Yes No www.corporatecomm.org 78

Agency & Vendor Use (2) [Q22] 1 8 6 Annual Report 1 2 3 5 7 9 Yes No www.corporatecomm.org 79

Agency & Vendor Use (3) [Q22] 1 8 6 Policy 1 2 3 5 7 9 Yes No www.corporatecomm.org 8

Agency & Vendor Use (4) [Q22] 1 9 8 7 6 5 3 1 Yes Strategy No 1 2 3 5 7 9 www.corporatecomm.org 81

Agency & Vendor Use (5) [Q22] 1 9 8 7 6 5 3 1 Community Relations Yes No 1 2 3 5 7 9 www.corporatecomm.org 82

Agency & Vendor Use (6) [Q22] 1 9 8 7 6 5 3 1 Corporate Culture Yes No 1 2 3 5 7 9 www.corporatecomm.org 83

Agency & Vendor Use (7) [Q22] 1 8 6 Corporate Identity 1 3 5 7 9 Yes No www.corporatecomm.org 84

Agency & Vendor Use (8) [Q22] 1 8 6 Mission Statement 1 3 5 7 9 Yes No www.corporatecomm.org 85

Agency & Vendor Use (9) [Q22] 1 9 8 7 6 5 3 1 Yes Citizenship No 1 2 3 5 7 9 www.corporatecomm.org 86

Agency & Vendor Use (1) [Q22] 1 8 6 Crisis & Emergency 1 2 3 5 7 9 Yes No www.corporatecomm.org 87

Agency & Vendor Use (11) [Q22] 1 9 8 7 6 5 3 1 Employee Relations Yes No 1 2 3 5 7 9 www.corporatecomm.org 88

Agency & Vendor Use (12) [Q22] 1 9 8 7 6 5 3 1 Yes Ethics Code No 1 2 3 5 7 9 www.corporatecomm.org 89

Agency & Vendor Use (13) [Q22] 1 8 6 Executive Speeches 1 2 3 5 7 9 Yes No www.corporatecomm.org 9

Agency & Vendor Use (14) [Q22] 1 8 6 Government Relations 1 2 3 5 7 9 Yes No www.corporatecomm.org 91

Agency & Vendor Use (15) [Q22] 1 9 8 7 6 5 3 1 Yes Internet No 1 2 3 5 7 9 www.corporatecomm.org 92

Agency & Vendor Use (16) [Q22] 1 8 6 Intranet 1 2 3 5 7 9 Yes No www.corporatecomm.org 93

Agency & Vendor Use (17) [Q22] 1 9 8 7 6 5 3 1 Investor Relations Yes No 1 2 3 5 7 9 www.corporatecomm.org 94

Agency & Vendor Use (18) [Q22] 1 9 8 7 6 5 3 1 Issues Management Yes No 1 2 3 5 7 9 www.corporatecomm.org 95

Agency & Vendor Use (19) [Q22] 1 8 6 Labor Relations 1 2 3 5 7 9 Yes No www.corporatecomm.org 96

Agency & Vendor Use () [Q22] 1 8 6 Marketing Communication 1 2 3 5 7 9 Yes No www.corporatecomm.org 97

Agency & Vendor Use (21) [Q22] 1 8 6 Media Relations 1 2 1 5 7 9 Yes No www.corporatecomm.org 98

Agency & Vendor Use (22) [Q22] 1 8 6 Public Relations 1 2 3 5 7 9 Yes No www.corporatecomm.org 99

Agency & Vendor Use (23) [Q22] 1 8 6 Reputation Management 1 2 3 5 7 9 Yes No www.corporatecomm.org 1

Agency & Vendor Use (24) [Q22] 1 Social Media 9 8 6 Yes No www.corporatecomm.org 11

Agency & Vendor Use (25) [Q22] 1 8 6 Training 1 2 3 5 7 9 Yes No www.corporatecomm.org 12

CORPORATE COMMUNICATION INTERNATIONAL at Baruch College/CUNY CCI Corporate Communication Practices and Trends : United States Final Report Dr. Michael B. Goodman Director, Corporate Communication International Professor and Director, MA in Corporate Communication Baruch College, City University of New York with Christina Genest, CCI Associate Director and Research Assistants Annie Keller, Darnide Cayo, Samantha Gouy www.corporatecomm.org 13