PATH FORWARD WEBINAR HOST TODAY’S SPEAKERS...juicy burger & french fries from Holy Chucks Steve...
Transcript of PATH FORWARD WEBINAR HOST TODAY’S SPEAKERS...juicy burger & french fries from Holy Chucks Steve...
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid1 ‒
PATH FORWARDWEBINAR HOST
• Launched career in sales & brand management
• Since the late 80s involved in the marketing research and information business
• Very involved with the Marketing community via CMA/ACA/CMDC
• Frequent public speaker, conference moderator & facilitator
• Currently craving a juicy burger & frenchfries from Holy Chucks
Steve LevyIpsos Canada
• Leads the public affairs and reputation teams in eastern Canada (Toronto, Ottawa and Montreal)
• 20 years of experience advising public and private sector clients
• Specializes in advanced quantitative research methods
• Can’t wait to get back to the gym
• Leads national public-opinion polling and reputation research
• Been with Ipsos for 13 years
• Manages Ipsos’ relationship with Global News and is a primary media spokesperson
• Hosts a weekly "QuarantiniParty" featuring trivia
TODAY’S SPEAKERS
Sandra GuirySVP, Ipsos Public Affairs
Sean SimpsonVP, Ipsos Corporate Reputation and Public Affairs
• Leads the reputation practice in Alberta
• Been with Ipsos for 2 years; prior experience with O&G and Government
• Specializes in energy research and stakeholder relations, communications
• Is learning how to play piano while in quarantine
Gregory JackVP, Ipsos Public Affairs
Managing Reputation in the Time of COVID-19
THE PATH FORWARD
Sean Simpson, Sandra Guiry, Gregory Jack18 June 2020
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid3 ‒3 ‒ © Ipsos | The Path Forward – Managing Reputation in the Time of Covid
• Reputation trends pre-COVID• The impact of COVID-related
comms & actions• Considerations for re-
organizing or pivoting your CSR initiatives post-COVID
• Principles for an effective CSR strategy
• Final thoughts and discussion
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid4 ‒4 ‒ © Ipsos | The Path Forward – Managing Reputation in the Time of Covid
1.Reputation trends pre-COVID
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SOCIALRESPONSIBILITY
CARES ABOUTWELLBEING OFCONSUMERS
ETHICALBUSINESS
PRACTICES
TRUSTWORTHINESS
CONTEXT: REPUTATIONS STABLE TO SLIGHTLY IMPROVING Reputation Trends Pre-COVIDYoY Change in Score, Aggregate All Organizations
Source: Ipsos Context Reputation
INCREASED
REMAINED STABLE
DECREASED
INCREASED INCREASED INCREASED
REMAINED STABLE
REMAINED STABLE
REMAINED STABLE
DECREASED DECREASED DECREASED
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CONTEXT: VARIATION AMONG AND WITHIN SECTORS ON CSREFFORTS
Source: Ipsos Global Reputation Monitor
HIGHEST SCORE LOWEST SCOREAVERAGE
37%34%
31%34%
25%
33%29% 31% 33%
60%66% 68%
73%70%
66%72%
58%61%
42% 45% 45% 48% 49% 49% 50% 51% 53%
Mining,Oil & Gas
Airlines Telcos Food& Bev
Finance Pharma CPG Auto Tech
Social Responsibility Performance in 2019 by Sector- Showing Range of Scores -
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid7 ‒
CANADIAN EXCEPTION
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid7 ‒
Source: Ipsos Context Now
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GLOBAL PUBLIC CONCERNS
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid8 ‒8 ‒ © Ipsos | The Path Forward – Managing Reputation in the Time of Covid
BUSINESS LEADERSARE OVERTAKING POLITICIANSAS A FORCEFOR PROGRESSIVE CHANGEIN THE WORLD
57%
Source: Ipsos Reputation Council
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COVID comes to Canada
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2.The impact of COVID related CSR comms & actions
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feel large companies and organizations did something to support employees, consumers and communities by changing how they operate or by funding charities/community groups
95%
Source: Ipsos Context Reputation
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid13 ‒
CONSUMERS ARE PAYING CLOSE ATTENTION
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Source: Ipsos Context Reputation
40%recall COVID related communications from
specific corporations
On average 62%Highest
31%Lowest
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid14 ‒
THOSE AWARE OF COMMUNICATIONS RATE ORGANIZATIONS MORE POSITIVELY
+24% ptsSocial Responsibility
Average "Lift" provided to key reputation metrics
+26% ptsEthical Business Practices
+25% ptsCares about Consumer Wellbeing
+27% ptsTrustworthiness
Did these efforts stick?
Average performance on key reputation metrics are significantly higher among those who recall company communication regarding the COVID-19 situation than those who did not.
Source: Ipsos Context Reputation
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IMPRESSIONS ROSE, BUT WERE NOT SUSTAINED
Key Reputation Metrics Tracked Amidst COVIDW
HO d
ecla
res
pand
emic
40%
45%
50%
55%
60%
MAR 20-23 APR 3-7 APR 17-20 MAY 1-4 MAY 15-18 MAY 29-Jun 1
Ethical Business PracticesSocial Responsibility
Cares about Consumer Wellbeing
Trustworthiness
Why couldn’t these increases be sustained?
Source: Ipsos Context Reputation
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid16 ‒
MANY BELIEVE CSR EFFORTS ARE AT LEAST PARTLY SELF-INTERESTEDAssessment of Motivations Behind COVID Comms and Actions
31%
26%
31%
33%
35%
33%
20%
22%
19%
16%
16%
16%
Employees
Consumers
Community
GENUINE(Completely/Mostly)
MIX(Genuine & Self Interest)
SELF INTEREST(Completely/Mostly)
DON’T KNOW
Source: Ipsos Context Reputation
Perception of the money and effort large organizations have put forth during the Covid-19
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CSR EFFORTS NEED TO BE GENUINE TO HAVE IMPACT
Positive Performance of Covid Efforts by Impression of the Motivation Behind it- Showing % Indicating Excellent/Very Good/Good -
85% 82% 81%
65% 65%58%
31%
42%36%
20%
40%
60%
80%
100%
EMPLOYEE CONSUMER COMMUNITYSource: Ipsos Context Reputation
Believe motivations were a mix of genuine and self-interested
Believe motivations were genuine
Believe motivations were self-interested
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3. Considerations for re-organizing or pivoting your CSR initiatives post-COVID
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How large organizations in Canada can be most helpful in supporting their EMPLOYEES
HELPING EMPLOYEES: EQUAL CONSIDERATION FOR HEALTH & SAFETY, FLEXIBILITY AND A LIVING WAGE
28%
27%
26%
8%
6%
6%
Exceeding Health & Safety standards
Expanding flexible work arrangements
Ensuring liveable wage w/benefits
Strengthening protocols to address climate change
Improving leadership programs to ensure greater diversity
Strengthening ethics programs to protect whistle-blowers
19 ‒ © Ipsos | The Path Forward – Managing Reputation in the Time of Covid Source: Ipsos Context Reputation
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47%
28%
25%
How large organizations in Canada can be most helpful in supporting CONSUMERS
FOR CONSUMERS: GREATER FOCUS ON HEALTH AND SAFETY
Exceeding Health & Safety standards
Expanding service options (contactless payment/delivery)
Strengthening customer service programs where the price or payment schedule are scaled to a customer’s financial circumstances
Source: Ipsos Context Reputation
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29%
28%
20%
13%
10%
How large organizations in Canada can be most helpful in supporting COMMUNITIES
HELPING COMMUNITIES: DOMESTIC SUPPLY CHAIN, SOCIAL PROGRAMS /POVERTY REDUCTION
Expanding domestic production/supply chain
Supporting lower-income and racialized communities
Ensuring sustainable & fair practices in third-worldcommunities where they operate
Strengthening environmental standards
Increasing philanthropy & funding for charities/community groups
21 ‒ © Ipsos | The Path Forward – Managing Reputation in the Time of Covid Source: Ipsos Context Reputation
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Source: www.ctvnews.ca
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4. Principles for an effective CSR strategy
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More than half of global communications leaders say their consumers expect them to take a stand on socio-political issues, against a quarter who disagree.
CORPORATIONS INCREASINGLY BELIEVE THE IMPORTANCE OF TAKING A STAND
23%
56%
Source: Ipsos Reputation Counci
Agree
Disagree
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KEY PRINCIPLES
AUTHENTICITY CREDIBILITY EFFECTIVENESS
• Utilize business know -how to drive change
• Focus on business value chain
• In-line with company mission and brand
• Co-creation with partners and interest groups
• Alignment with external realities
• Generate goodwill amongst consumers, employees, and public
• Create social change• Drive business sustainability
Source: Ipsos Global Reputation Monitor and Reputation Council
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CONVERGENCE OF CITIZEN & CONSUMERS WILL ACCELERATE NEED FOR AUTHENTIC, CREDIBLE AND EFFECTIVE CSR
CONSUMER
Purchase decisions
Brand perceptions
Political & Social activism
Personal actionsCITIZEN
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid27 ‒
ENHANCEMENT OF ROLE OF BUSINESSES IN SOCIETY
It would be greatly encouraging to see a lasting recalibration of business with society where companies play a more hands-on role in helping to tackle real
societal need, as we have been seeing through the pandemic.
What is clear is that those companies that are not doing the right thing and being good corporate citizens can expect longer term negative
implications on their businesses and reputations.
– Council member
Source: Ipsos Reputation Counci
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POINTS TO LEAVE YOU WITH
Consider diversifying CSR
Climate change deferred
Authenticity and credibility
Racism now a key component
Action is the new price of entry
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Q&A
© Ipsos | The Path Forward – Managing Reputation in the Time of Covid30 ‒
UP NEXT
See you then.
Understanding Emerging Consumer Behaviour June 23rd
Naumi HaqueSenior Vice PresidentMarket Understanding & Strategy