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ItsOpen REPORT




DIGITAL MEDIA
AND THE FUTURE
OF CORPORATE
REPUTATION
aim of the report

         based on extensive market
         research and over 30 interviews

             explores the current digital
             media landscape and traces the
             implications for communications
             and corporate reputation

         recommends a ‘satellite’ model
         of digital communications
the digital media landscape

        sharing of content is now integral to
        the web and the latest devices

    ‘social’ appears to be going the way
    of ‘web 2.0’ as a distinct term

        advances in connectivity and user
        interface = sharing more content

              digital sharing is akin to a
              ‘gift economy’
impacts on news publishing

        social technologies are now vital to
        the gathering and distribution of news

           publishers are beginning to
           remove social media editors

 experimenting with new
 forms of visual storytelling

        the commercial outlook is brightest
        for publishers of specialist news
a renaissance in communications

      speed of digital sharing poses
      a threat to reputation

                but crucially also presents an
                opportunity to deepen and
                extend the core capabilities of
                communications teams

          requires that communicators
          engage with new audiences,
          via new channels
a cultural shift

                     the overall trend points
                     towards greater openness




   the key to successful digital
   communications is argued
   to be an executive culture
   that is more curious, open,
   humble and participatory
recasting communications
 the digital media landscape

           enablers rather than
           controllers of information flows

    participate in the
    web’s gift economies

           giving access to data, being
           proactive, changes perceptions

         ‘Absolute transparency is the
         best antidote to a digital crisis’
managing digital communications


 two critical elements of a successful
 digital communications structure:

           1. mechanisms to collect
           and organise information
           from the frontline

            2. mechanisms to
            monitor and engage
            with news and comment
building a satellite model
communications as a digital hub

 we argue that it is more scalable and
 cost-efficient for communications to
 adopt the function of an ‘enabling hub’
realtime media monitoring



         digital media enables a realtime
         view of corporate reputation
conclusions

               opening to the potential of digital
               media means taking a leap of faith




 in many cases, companies already have
 the skills and experience to digitally
 enrich their reputations; it is simply a
 case of re-organising and re-tooling

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ItsOpen Report - Digital Media and the Future of Corporate Reputation

  • 1. ItsOpen REPORT DIGITAL MEDIA AND THE FUTURE OF CORPORATE REPUTATION
  • 2. aim of the report based on extensive market research and over 30 interviews explores the current digital media landscape and traces the implications for communications and corporate reputation recommends a ‘satellite’ model of digital communications
  • 3. the digital media landscape sharing of content is now integral to the web and the latest devices ‘social’ appears to be going the way of ‘web 2.0’ as a distinct term advances in connectivity and user interface = sharing more content digital sharing is akin to a ‘gift economy’
  • 4. impacts on news publishing social technologies are now vital to the gathering and distribution of news publishers are beginning to remove social media editors experimenting with new forms of visual storytelling the commercial outlook is brightest for publishers of specialist news
  • 5. a renaissance in communications speed of digital sharing poses a threat to reputation but crucially also presents an opportunity to deepen and extend the core capabilities of communications teams requires that communicators engage with new audiences, via new channels
  • 6. a cultural shift the overall trend points towards greater openness the key to successful digital communications is argued to be an executive culture that is more curious, open, humble and participatory
  • 7. recasting communications the digital media landscape enablers rather than controllers of information flows participate in the web’s gift economies giving access to data, being proactive, changes perceptions ‘Absolute transparency is the best antidote to a digital crisis’
  • 8. managing digital communications two critical elements of a successful digital communications structure: 1. mechanisms to collect and organise information from the frontline 2. mechanisms to monitor and engage with news and comment
  • 10. communications as a digital hub we argue that it is more scalable and cost-efficient for communications to adopt the function of an ‘enabling hub’
  • 11. realtime media monitoring digital media enables a realtime view of corporate reputation
  • 12. conclusions opening to the potential of digital media means taking a leap of faith in many cases, companies already have the skills and experience to digitally enrich their reputations; it is simply a case of re-organising and re-tooling

Notas del editor

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