Increased globalization, rising number and diversity of stakeholders, and faster and faster speed at which information spreads have heightened the importance of communication within our member organizations. Other functions are turning to communications to help them deal with this new, more-complex communication environment and expecting communicators to bring more “to the table” than ever before. These expectations put pressure on communicators to deliver new, innovative ideas and products as well as demonstrate a clear impact on bottom line.
In our functional capabilities diagnostic, we have asked communicators to evaluate 20 attributes of successful, world-class communications function based on their importance and effectiveness. The 3 key things that participants found the most important were: reducing low value work, selecting work that will create value, and testing and measuring communications effectiveness. However, when asked to rate how effective they are in achieving these, reducing low value work and testing effectiveness were the two things that communicators rated themselves as being the least effective in.
However, with flat budgets, and more complex demands from the business, these are the 3 things that the communicators need to excel at, now more than ever. So what does being great look like at these and how do you get better at it?
Communicators who are good at this consistently evaluate their portfolio of offered communications activities and weight each of them in terms of both their effectiveness as well as their ability to crate business value. For example, ING has put together a great Service Level Tiering Process for stepping away from low-value activities both by co-opting partners in prioritizing Communications’ activity portfolio and supporting partners as they undertake lower-value communications activities on their own.
Selecting Work that Will Create Value
Communicators who excel at this focus on selecting work with an explicit linkage to measurable business outcomes and resist work that is unrelated to business objectives. Toyota has put together a Problem-Solving Process to help communicators diagnose the business problems underlying partners’ requests for communications support, ensuring that communications solutions target and help drive business outcomes partners truly value.
Measure Function’s Effectiveness
The best communicators evaluate the impact of their efforts by measuring and assessing actual changes in stakeholders’ behavior—tied to specific company priorities rather than focusing on transactional metrics that cannot be directly tied to business impact. CEC has put together a great Communications Measurement and Reporting Toolkit to help you do just that.
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The path to corporate leadership used to be simple: join a Fortune 500 company; grind your way up the corporate ladder for twenty years; and then voila, wear an Armani three-piece suit, sip 100 year-old scotch, and smoke fine Cubans. Success!
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