Università degli Studi di Pavia Corso di Laurea Specialistica in Editoria e Comunicazione Multimediale Communication in the development of corporate reputation. The case history of Relatore: Chiar.mo Prof. Stefano COLLOCA Correlatore: Chiar.mo Prof. Giampaolo AZZONI A.A. 2009/2010 Tesi di laurea di Mariantonietta Chiara SCIANNAMÈ Corporate communication Reputation Institute Values RP Corporate reputation Grunig Fombrun Stakeholder RQ Image Identity Trust CSR Listening Relations Lovebrand Ferrero Storytelling Media Global Reputation Pulse What’s corporate reputation? What’s corporate image? To build a corporate image for: - distinguishing an organization; - making them an attractive look; - reflecting what an organization is, what it was and what it wants to communicate. is the external organization’s form. “Corporate reputation is an amalgamation off all expectations, perceptions and opinions of an organization developed over time by customers, employees, suppliers, investors and the public at large in relation to the organization’s qualities, characteristics and behaviors, based on personal experience, hearsay, or the organization’s observed past actions.” Bennet e Kottasz, 2000 It is what an organization wants to show outside of itself It can be built quickly thanks to advertising and spin doctoring It could be a not true representation It is formed only with time It can be ruined in 5 minutes It is a deeper dimension because depends by people’s opinions It can be enhanced thanks to relation with stakeholders Web reputation It is given by the view that the public formed from information available online. It has gained attention in recent years because it has become a sort of “business card" for companies. In virtual spaces, above all social networks, news run and spread quickly, through the “megaphone effect”. Corporate communication’s categories for developing reputation Intentional and explicit communication REPUTATION Observable behaviors and actions Meanings propagated in networks of relationships Customer satisfaction, relations and organization’s cognitive assets Knowledge Reputation Image Customer satisfaction Organization’s value Trust Loyalty Honesty Knowledge Source: M. Costabile, Il capitale relazionale, McGraw–Hill, Milano, 2001, p. 33. Edelman Trust Barometer 2011 Edelman Trust Barometer 2011 The role of Public Relations The four PR models developed by Grunig Press Agentry Public Information Two-way asymmetric Two-way symmetric Goal Publicity Information Scientific persuasion Mutual understanding Communication’s nature One way: Truth is not essential One way : Truth’s value Two ways, but effects are not balanced Two ways, effects are balanced Communication’s model Sender Receiver Sender Receiver Sender Receiver Feedback Group group Global Reputation Pulse Brand e brand reputation Lovemarks Mystery Sensuality Intimacy Once upon a time in Alba a small family business. In 1940s Piera and Pietro, Michele’s parents, transformed a pastry shop into a factory. This first step forward was made thanks to: - the products “invented” by Pietro Ferrero and his young son Michele. - the efficient sales network set up by Giovanni, Pietro’s brother. Ferrero today Now Pietro and Giovanni Ferrero, Michele and Maria Franca’s sons, head the Group as its Managing Directors. + around 21.600 employees. “Glocal” dimension Ferrero Group: - 38 trading companies, - 18 factories. - Production: more than 988.000 tons of products each year. Ferrero S.p.A.: - Sales office at Pino Torinese - 4 factories in Alba, S. Angelo dei Lombardi, Balvano e Pozzuolo - 3 companies: Soremartec - Pubbliregia - Energhe - Piera, Pietro and Giovanni Ferrero Foundation. Quality - Innovation - Freshness Source: Ferrero International, CSR Report 2008/2009 Company principles Loyalty and Trust Respect and Responsibility Integrity and Sobriety Passion for Research and Innovation Corporate Social Responsibility Source: Ferrero International, CSR Report Piera, Pietro and Giovanni Ferrero Foundation SOCIAL - Retirees’ treatments - Collaboration with Foundation “Movimento bambino” and development of a code of conduct, the Charter of Alba, for a conscious use of new media by children - Corporate nursery CULTURAL - Promotes initiatives in the literary, historical, artistic and scientific field - Home of documentation center Beppe Fenoglio - Promotes local talent - Master in Science and Technology of Human Food and Nutrition. F e r r e r o N. 1 The most important factors to Fererro’s reputation II - Quality - Innovation - Vision and leadership - Corporate Social Responsibility - Ethicality - Public Relations III - Image transmitted from advertising I IV V - Workplace - Piera, Pietro e Giovanni Ferrero Foundation - Other Ferrero Group’s companies - Institutional Relations - Testimonial Customers’ opinions - Lovemarks.com Customers’ opinions - Ciao.it Ferrero Temporary Shop - Milan Ferrero on media Best Social Page 2011 Interview with Gigi Padovani The jar is the message This productionoriented company, is an example for Italian entrepreneurship. They have only mass products. They could have dared in some passages. Thank you for your kind attention Special thanks to Francesca Poggiali, EU Relations, Consumers Affairs and CSR Manager