Prelims

Mastering Business for Strategic Communicators

ISBN: 978-1-78714-504-7, eISBN: 978-1-78714-503-0

Publication date: 19 October 2017

Citation

(2017), "Prelims", Ragas, M. and Culp, R. (Ed.) Mastering Business for Strategic Communicators, Emerald Publishing Limited, pp. i-xxix. https://doi.org/10.1108/978-1-78714-503-020171033

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Emerald Publishing Limited

Copyright © 2018 Emerald Publishing Limited


Half Title Page

MASTERING BUSINESS FOR STRATEGIC COMMUNICATORS

Insights and Advice from the C-suite of Leading Brands

Endorsements

Mastering Business for Strategic Communicators is a gem and a must-read for anyone aspiring to lead communications for any organization. It makes clear that to be a top communicator today you have to be a business leader first, mine data and relationships, and find ways to transform strategy into relationships and results.

Mike Fernandez, Chief Executive Officer, U.S., Burson-Marsteller

Matt and Ron are on a mission: To make sure PR’s next generation is schooled in the foundations of business and thus regularly asked into the “room where it happens.” Through chapters contributed by many of today’s most successful communicators, along with observations by leading C-suite executives, their newest book will go a long way towards helping students — as well as those building careers — easily and more fully understand business at the intersection of strategic communications. I used their first book in my classroom at Boston University. I will use their new one, too.

Ray Kotcher, Professor of the Practice, Boston University College of Communication and Non-Executive Chairman, Ketchum

Wow! What an outstanding read! Featuring stories and insights from the best of the best in the industry, Mastering Business For Strategic Communicators must be required reading for students and practitioners alike in any area of business, communication, and public relations.

Tina McCorkindale, Ph.D., APR, President and Chief Executive Officer, Institute for Public Relations

An indispensable collection of career-defining insights from an unbelievably impressive group of battle-tested business leaders. This will quickly become mandatory reading for me and my team, and a constant travel companion.

Torod Neptune, Worldwide VP Communications and Chief Communications Officer, Lenovo Group, Ltd.

Backstopping every C-suite are their strategic communications leaders, counseling businesses on how to increase shareholder value, maintain trust in a crisis, and enhance reputation. Mastering Business provides a front row seat as to how diverse companies navigate the communications land mines populating our ever changing media landscape.

Barri Rafferty, Partner and President, Ketchum

Mastering Business is a succinct, readable and compelling work. It does a wonderful job capturing the way the profession has evolved and how it might look in the future. The insights here from Jeff Winton, Chuck Greener, Tony Cervone, Kathy Beiser and many other true giants in the field present a blueprint for those who want to be trusted advisors with a seat at the table where business decisions are made. It is an essential read for anyone pursuing a career in communications.

Bill Heyman, Executive Recruiter, President and CEO, Heyman Associates

I’ve recommended Ragas and Culp’s first book, Business Essentials for Strategic Communicators, to dozens of professional colleagues and have made it a central textbook for my students. I can see now that I’ll need to make room for their new book, Mastering Business for Strategic Communicators. This compilation of perspectives from some of the top names in strategic communications is remarkably timely and thorough, and should be on the top of the reading list not only for communications professionals, but for C-Suite leaders who want to truly understand the role that communications plays in helping them achieve their business purpose.

Matt Kucharski, President, Padilla and Adjunct Professor, University of Minnesota School of Journalism and Mass Communications

Ragas and Culp’s new book provides sound recommendations and actionable steps young communicators can take to make sure they are prepared and able to show maximum value in their roles. Through an excellent collection of relevant stories from some of the world’s top communicators, their book is less about earning a seat at the table and more about keeping it throughout your career.

Matt Tidwell, Ph.D., APR, Program Director, Master’s in Integrated Marketing Communications, University of Kansas

In a rare collection of contemporary essays from high-ranking professionals in the field, Ragas and Culp offer students an insider’s look at how corporate communications experts guide their companies to meet opportunities, manage change, speak the truth and lead. This book — through its research, arguments, testimonials and concrete examples — will be indispensable to readers in accessing the practical business insight necessary for succeeding in today’s corporate communications jobs.

María Len-Ríos, Ph.D., Associate Professor, Public Relations, Grady College of Journalism and Mass Communication, University of Georgia

Ragas and Culp provide an extensive follow-up to their first book, Business Essentials for Strategic Communicators. This new book delivers what the title promises: sharp insights from today’s leading communication professionals in the C-Suite. With a glossary, list of resources, and engaging writing style, the book will be a valuable trove of knowledge and inspiration for students as well as current professionals aspiring to the C-suite.

Tim Penning, Ph.D., APR, Professor of Advertising and Public Relations, School of Communications, Grand Valley State University

The masterful leaders of business communication have done it again. Ron Culp and Matt Ragas put out the no-nonsense handbook for enterprise communicators — and for those of us teaching new-wave students — on the reality of sustaining stakeholder values. On this base, they’re now giving us direct, succinct and highly readable counsel from leaders in corporations and organizations on what works and what’s changing in enterprise strategies to sustain and strengthen critical stakeholder connections.

E. Bruce Harrison, Professor, Graduate Studies, Master’s in Public Relations & Corporate Communications program, Georgetown University

The modern communications professional not only needs to be familiar with the “business of business,” but rather they need to be able to understand what the marketing, finance, accounting and other departments contribute to their organization’s well-being. Culp and Ragas’ Mastering Business for Strategic Communicators takes that next step from their previous book by providing real-world advice from legends and experts in the field that already have that seat at the table. Any communications professional who wants to become a top-level executive needs to read this book.

Kenon A. Brown, Ph.D., Assistant Professor and Graduate Coordinator, Department of Advertising and Public Relations, The University of Alabama

Mastering Business is a great resource for young professionals who aspire to advance to management positions. I especially appreciated the inclusion of views from other members of the C-suite such as operations, human resources, legal and CEOs. The advice the CCOs provided is grounded in their personal experiences, which they freely share. I would highly recommend this book for young professionals, students, and especially courses in management and leadership.

Marlene S. Neill, Ph.D., APR, Assistant Professor, Journalism, Public Relations and New Media Department, Baylor University

Ragas and Culp have produced an eminently useful guide to the business of strategic communication. We hear first-hand from leading practitioners what it means to be a strategist-advisor to the C-suite, speaking the language of business and adding bottom-line value. Mastering Business is our seat at the table — and a glimpse into the future of the discipline.

Jesse Scinto, Associate Director for Curriculum Development, MS programs in Strategic Communication, Columbia University

In Business Essentials for Strategic Communicators, Ragas and Culp gave PR students and rising professionals across the country a roadmap to understanding the critical business skills that would put them on the path to getting a “seat at the table” when key decisions are made. With Mastering Business, they bring forward the perspectives and life lessons of some of the most respected leaders in corporate communications, giving us not only an engaging read but also a master class in what to do once you have the seat at the table, and more importantly how to keep it. It’s a must read for anyone who wants to be a CCO or plans to work with one.

Ken Kerrigan, Executive Vice President, Weber Shandwick, and Adjunct Professor, MS in Public Relations and Corporate Communication program, New York University

Mastering Business clearly spells out the skills inherent in the business acumen of top leaders. If you hold a high-level communications role within an organization or have ever aspired to such a position, you would be well served to spend next weekend reading Mastering Business, a thought-provoking and brilliant book.

Timothy Lent Howard, Ph.D., Professor of Public Relations, California State University, Sacramento

Writing and persuasion is no longer enough. In order to be successful, today’s communication professionals need to have a solid understanding of the world of business. With the essays presented in this book, Ragas and Culp have brought together a venerable “who’s who” of communication executives from across industries and business sectors. The keen wisdom and practical insights they share will prove invaluable not only to students of strategic communication but also professionals already in the industry.

Nathan Gilkerson, Ph.D., Assistant Professor, Strategic Communication, Diederich College of Communication, Marquette University

Who else but seasoned CCOs could transform the complexity of business management into straightforward, engaging stories that synthesize years of corporate communications wisdom? Mastering Business for Strategic Communicators is a must read for aspiring communicators looking to break into the corporate world.

Christopher Wilson, Ph.D., Assistant Professor, Public Relations, School of Communications, Brigham Young University

Title Page

MASTERING BUSINESS FOR STRATEGIC COMMUNICATORS

Insights and Advice from the C-suite of Leading Brands

Edited by

MATTHEW W. RAGAS

DePaul University, USA

RON CULP

DePaul University, USA

United Kingdom – North America – Japan – India – Malaysia – China

Copyright Page

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2018

Copyright © 2018 Emerald Publishing Limited

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No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters’ suitability and application and disclaims any warranties, express or implied, to their use.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-78714-504-7 (Print)

ISBN: 978-1-78714-503-0 (Online)

ISBN: 978-1-78714-952-6 (Epub)

Dedication

This book is dedicated to our better halves, Traci and Sandra, and our students, who inspire us each and every day, and are the future leaders of our field.

List of Contributors

Stephen B. Ashley Fannie Mae, The Ashley Companies
Mark Bain upper 90 consulting, Baker McKenzie
Kathryn Beiser Edelman, Hilton Worldwide
Roger Bolton Arthur W. Page Society
Maureen Cahill Blue Cross Blue Shield Association
Carole Casto Cummins Inc.
Tony Cervone General Motors
Sean Connolly Conagra Brands
Ron Culp DePaul University
Corey duBrowa Salesforce, Starbucks
Paul Edwards General Motors
Steve Fechheimer Beam Suntory
Paul Gerrard Blue Cross Blue Shield Association
Chuck Greener Walgreens Boots Alliance
Roy Guthrie Discover Financial Services
Jon Harris Conagra Brands
Gavin Hattersley MillerCoors
Lucy Helm Starbucks
Clarkson Hine Beam Suntory
Jeff Immelt General Electric
Joe Jacuzzi Chevrolet, General Motors
Richard Kylberg Arrow Electronics
Mike Long Arrow Electronics
Peter Marino MillerCoors, Tenth and Blake Beer Company
Bill McDermott SAP
Kelly McGinnis Levi Strauss & Co.
Craig Meurlin Amway Corp.
Tom Nealon Southwest Airlines
Matt Peacock Vodafone Group
Matthew W. Ragas DePaul University
Angela Roberts American Veterinary Medical Association, Blue Cross Blue Shield Association
Jim Robinson Astellas Americas
Linda Rutherford Southwest Airlines
Stacy Sharpe Allstate Insurance Company
Steve Shebik Allstate Insurance Company
Gary Sheffer Weber Shandwick
Andrew Solomon John D. and Catherine T. MacArthur Foundation
Julia Stasch John D. and Catherine T. MacArthur Foundation
Rick Stephens Boeing
Amy Summy TE Connectivity
B.J. Talley TE Connectivity
Serpil Timuray Vodafone Group
Anne C. Toulouse Boeing
Nick Tzitzon SAP
Jeffrey A. Winton Astellas Pharma
Elizabeth Wood Levi Strauss & Co.

Acknowledgments

The authors wish to thank the many educators, professionals, students, and colleagues who have encouraged us to write, speak, and teach on business acumen. Your support for our first book together, Business Essentials for Strategic Communicators, inspired us to tackle such an ambitious project as this next book Mastering Business for Strategic Communicators: Insights and Advice from the C-suite of Leading Brands. We are especially indebted to all of the contributors to this book who took time out of their hectic schedules to share their insights and experiences as Chief Communications Officers (CCO) with the next generation of strategic communications leaders.

We are grateful for the support of our outstanding editor, Charlotte Maiorana, and the talented team at Emerald Group Publishing. Charlotte saw both the value and need for this book from the start. We wish to thank our previous editor-turned-literary agent, Leila Campoli, for her continued guidance and support. A special thank you is owed to Kevin Spitta, our graduate assistant during our editing of this book. Kevin kept a complicated project with many moving parts and deadlines beautifully organized, and always did so with a smile and an encouraging word. We can’t wait to follow his career. Thank you also to Dean Salma Ghanem and our colleagues in the College of Communication at DePaul University. You inspire us with your steadfast commitment to investing in students and making the world a better place.

Feedback from the educators, professionals, and students that supported Business Essentials, and the counsel they provided during the writing and editing of Mastering Business was critical. We especially wish to thank faculty for incorporating business essentials education into their courses at colleges and universities that include: American University, Baylor University, Boston University, Brigham Young University, California State University, Sacramento, Columbia University, Florida Gulf Coast University, Georgetown University, Grand Valley State University, Loyola University (Chicago), Marquette University, New York University, Northwestern University, Medill School, University of Alabama, University of Georgia, University of Minnesota, and University of Southern California, Annenberg School. Apologies for any we may have missed. Senior leaders in both agencies and in-house roles have also used Business Essentials with their teams as a training and development tool, and we appreciate and enjoy the opportunities to speak and work with their teams on this capability.

The future of the public relations and strategic communications fields is in good hands in part because of the excellent academic and professional groups in our profession, and the dedicated leaders and volunteers that guide these organizations. We wish to thank the following associations and centers for all they do: Arthur W. Page Society and Page Up, The Arthur W. Page Center for Integrity in Public Communications, Association for Education in Journalism and Mass Communication (AEJMC), Association for Measurement and Evaluation of Communication (AMEC), Business Marketing Association (BMA), Commission on Public Relations Education (CPRE), Corporate Communication International, International Association of Business Communicators (IABC), International Public Relations Research Conference (IPRRC), Institute for Public Relations (IPR), International Communication Association (ICA), The Museum of Public Relations, National Investor Relations Institute (NIRI), The Plank Center for Leadership in Public Relations, the PR Council, PRSA Foundation, Publicity Club of Chicago (PCC), Public Relations Society of America (PRSA) and Public Relations Student Society of America (PRSSA), and USC Center for Public Relations.

Matthew wishes to thank his parents and family for instilling in him a love of learning at an early age. Whether it was an early interest in history (his mom will tell you he tried to write the history of the world), reading, writing, the news media, politics, or the world of business, all interests were encouraged and supported. He didn’t just read or watch business news growing up, but, thanks to his parents, he was able to track a real portfolio of stocks and follow their performance. He was also given nothing but encouragement around his entrepreneurial business ideas and his work in start-up companies — some that succeeded tremendously, while others crashed and burned. Either way, his parents were always there to encourage his latest and greatest. Matthew also wishes to thank the mentors that have enriched his professional and personal development, including Edward P. “Ned” Grace III, Spiro Kiousis, and Ron Culp. Take note future communications leaders: Ron shows that “work hard and be nice” is the right way to lead.

Ron also thanks his DePaul colleagues and other educators who so warmly welcomed him into academia after a long career in corporate and agency roles. As a self-described “pracademic,” Ron appreciates the encouragement and support being given to increasing experiential opportunities for both students and those teaching them. To that end, he wishes to salute the Plank Center for Leadership in Public Relations for its role in bridging gaps between educators and professionals. Like Matt, Ron also thanks his mentors and friends, many of whom are no longer with us — the late Betsy Plank, Dan Edelman, Al Golin, and Jack Raymond. They and others have had a huge influence on his life and career. Ron also thanks colleague and friend Matthew Ragas and hundreds of other mentees who have been so instrumental to his life and career. Each and every one has proven that mentorship, indeed, is a two-way street. These future leaders of our profession are doing things each and every day that make him proud.

Finally, thanks to you, the reader. Your interest in business acumen and strategic communication leadership will not only benefit you and your career, but the overall stature of the profession and its ability to create value for both business and society as a whole.

Matthew W. Ragas

Ron Culp

Chicago, IL.

Preface

Strategic communication increasingly means business.

Recognition is growing among communication professionals, educators, and organizational leaders that — for communications departments and agencies to provide the most value to organizations, their stakeholders, and society as a whole — strategic communicators need to be business people with an expertise in communication.

Let this last sentence sink in for a moment, as it represents a paradigm shift of sorts.

Fortunately, inside many large organizations the communications function increasingly has gained the trust of members of the C-suite on advising these senior leaders on “what to do” — policy setting — and not just “what to say” or “how to say it.”

The role of being both counselor and advisor — rather than simply that of a skilled communications technician — demands greater business acumen, not just for the chief communications officer (CCO) or senior agency professionals, but for mid- and junior-level team members who help support these leaders. The entire profession and, in fact, society as a whole benefits when more pros improve their fluency in the language and essentials of business, thereby better shaping and communicating purpose and strategy across an enterprise and outside of it. It is perhaps a misnomer to label the field “strategic communications” if professionals are well versed in technical skills, but lack a strategic business management perspective.

The good news is that we have seen firsthand how agencies, in-house teams, and university communication programs are placing a greater emphasis on building business acumen. The very positive response by professionals and educators to our first book together titled, Business Essentials for Strategic Communicators: Creating Shared Value for the Organization and Its Stakeholders, is heartening. Reader feedback on Business Essentials placed a particular value on the illustrative quotes in the book drawn from original interviews with senior leaders in the field. Business concepts and terminology — and the value of investing in gaining such knowledge — become much more tangible when they are illustrated with real-world stories.

This book, Mastering Business for Strategic Communicators: Insights and Advice from the C-suite of Leading Brands builds upon this feedback and the continued evolution of the profession. Strategic communicators have a unique vantage point across both the enterprise and society as a whole. As such, communications leaders are increasingly being asked by the C-suite to serve as conveners, collaborators, and integrators across departments and functions. To fulfill such a mandate, communicators need not just general business acumen, but a rich understanding of the major departments and functions that make up the C-suite, such as marketing, finance, human resources, investor relations, corporate strategy, legal, data science, and technology.

As such, Mastering Business brings together many top senior communications leaders in the field who generously share both their insights and experiences learned while working with specific C-suite functions and C-level executives. We have purposely drawn contributors that come from a wide range of backgrounds, industries, and geographies to provide a diversity of thought and experiences. Collectively, these contributors help drive the business strategy and protect the corporate reputations of brands that are worth many billions in market value, employ tens of thousands of people, and produce products and services used by millions of people.

Alongside each contributor essay, you will find a short “Career Spotlight” Q&A with this industry leader. In addition, to provide a valuable “outside/inside” perspective, each essay also includes a “C-suite View” response authored by a C-level executive that is a current or former colleague of the contributor. We think you will find these outsider viewpoints illuminating.

We thank these “Masters of Business” for graciously sharing their insights and experiences, and for helping to advance the body of knowledge. Collaborations between educators and practitioners are still far too rare. We offer this book in the hope that it will inspire future such collaboration.

Foreword

Matt Ragas’ and Ron Culp’s first book together, Business Essentials for Strategic Communicators, addressed the fundamental truth that understanding how the business works is the price of entry for success in strategic communication.

Their new book, Mastering Business for Strategic Communicators: Insights and Advice from the C-suite of Leading Brands, takes the conversation to a new level. Here, we learn how to work across the enterprise with senior leaders who are subject matter experts. Being able to function as a peer — sometimes leading, sometimes following, always collaborating — requires an ability to think strategically about business challenges and a command of the soft, interpersonal skills that distinguish the best leaders. This book contains the stories of successful senior communicators who have mastered both.

When I led strategic communication at Aetna, the company had a near-death experience. The board brought in a new CEO, Jack Rowe, who was determined to turn the company around with a new strategy, a new operating model, and a transformed culture. I supported his focus on quality health care and his ideas about making the company more responsive to physicians and patients, and more focused on facilitating quality health care outcomes. But Jack was replacing most of the senior team and I was taking nothing for granted.

I was called into Jack’s office just a few weeks after his arrival and half-expected that he was going to tell me I was out. Instead, Jack said, “I want you to lead the culture change initiative.” I was shocked. It wasn’t my expertise and I hadn’t a clue how to go about it.

The task was immense. Aetna was a 150-year-old company with an entrenched, risk-averse, process-oriented, insurance company culture. It had recently acquired an entrepreneurial, process-averse company and the merger of the two businesses had led to a bitter culture war.

We had to lose the allegiances to the previous entities and think through objectively what cultural attributes would be needed to support the new strategy and operating model, both of which were simultaneously under development. We asked ourselves, who owns the culture? The answer: no single executive or department — not HR and not even the CEO. We all had to own it together.

I formed a partnership with my close colleague, Elease Wright, who led human resources, and consultant Jon Katzenbach. To lead the work, we created an ad hoc Council for Organizational Effectiveness. By Jack’s edict, every line and staff organization in the company had to be represented by a senior executive. It was my job to bring along everyone — even the foot-draggers — by gradually building small successes into bigger ones.

Fortunately, my background working in politics and at IBM had prepared me well for the kind of collaboration this task required. I had learned you need three things:

  1. Have a clue: You must understand the business. In this case, I had to learn how the culture impacted operations and strategy. You may never be as knowledgeable as the functional experts, but if you can’t understand and think strategically about complex topics, you will be marginalized.

  2. Have guts: All enterprises have a tendency to develop group-think. We work together, understand each other, and share the same experiences. That’s a strength, but when change is necessary, it takes courage to stand up against the conventional wisdom.

  3. Have woo: Okay, I know that woo is a verb, but I like Strengthsfinder’s definition: “People with the strength of WOO have a great capacity to inspire and motivate others.” Building alliances with battle-hardened executives requires the skills that communicators should be really good at: active listening and thoughtful persuasion.

Our council met monthly, gathering input from across the organization and creating a new mission statement, a set of values and operating principles. Most important, we built commitment to the new culture through both processes and dialogue. Employees were skeptical at first, and there were pockets of resistance. But our enterprise-wide approach developed evangelists throughout the organization who kept us focused and committed. By the time Jack and I left six years later, the company had rebuilt its pride and its financial success.

Matthew and Ron bring the deep knowledge of successful educators and practitioners to this project. They have assembled here a set of essays from some of the world’s leading communicators that illustrate how to work effectively with senior business leaders across departments and functions.

This is a timely contribution, because corporate communication is more critical to the success of the enterprise than ever before. Strategic communication leaders must rally support across the enterprise to build a corporate character that makes the organization worthy of trust, and simultaneously must enlist the entire enterprise to build authentic stakeholder engagement.

You will want to keep your copy close at hand as an essential resource.

Roger Bolton

President

Arthur W. Page Society

Prelims
Part I Introduction
1 Advising “The Room Where It Happens”: The Business Case for Business Acumen
Part II Communications, Business Acumen, and the C-Suite
2 The Communicator as Integrator
3 Why Business Acumen Matters More Than Ever
4 From Farm to Pharm: Business and Life Lessons Learned in the Barnyard
Part III Finance and Investor Relations
5 Taking the Numb Out of Numbers: Working with the Office of the CFO
6 The Partnership Between Corporate Communications and Investor Relations
Part IV Human Resources and Employee Engagement
7 Mastering Business Means First Understanding Your People
8 Employees as Drivers of Corporate Brand and Reputation
9 Have a Seat at the Table — Not on the Fringes
Part V Corporate Strategy, Innovation, and Legal
10 Collaborating with Strategy and Innovation: Taking on the Challenge to “Communicate the Amoeba”
11 Telling the Story of Value Creation
12 Lessons from My Father: Bringing the “Greener Rules” to Corporate Strategy and Planning
13 Understanding the Corporate Legal Department
Part VI Marketing, Brand, and Data Analytics
14 Driving to the Right Place: Aligning Communications with Business Goals and Objectives
15 Peas in a Pod: Communications and the Chief Marketing Officer
16 Learn the Language of Business and Keep What You Earn
Part VII Social Responsibility and Transparency
17 Trust, Truth, and Transparency: Why Hard Facts and Corporate Honesty Matter
18 How Communicators Can Help Corporations Make a Difference
19 Communications for Social Good
Part VIII Communication and Corporate Transformations
20 Building Communications’ Influence During Corporate Transformation
21 Accentuate the Positive: The Communicator’s Catalytic Effect
22 Communications Leadership that Strong Leaders Expect
Part IX Summing Up
23 Observations and Conclusions from “Masters of Business”
About the Authors
Resources on Business Acumen
Glossary
Index