Meda release: Top South African CEOs ranked 10th in global social media user study

Here's the latest media release from Reputation Matters:

MEDIA RELEASE

Top South African CEOs ranked 10^th in global social media user study

• CEOs of South Africa’s largest companies, as listed on the Johannesburg Stock Exchange (JSE)*, are more likely to have a LinkedIn profile compared to 20 other countries globally.
• French CEOs rank first as the highest users of social media (specifically LinkedIn and Twitter) followed by Denmark, Australia and the Netherlands.
• United States of America (USA) CEOs lead the way with number of followers on their social media pages.

South Africa’s top CEOs ranked 10^th for their social media presence compared to other countries globally, a new study by ECCO International Communication finds. The research, which looked at the 20 largest companies per country (by market capitalisation) in 21 countries worldwide, reveals that 58% of these CEOs are active on LinkedIn. Of the 20 largest South African companies, 65% of CEOs* use LinkedIn. For Twitter, this figure is 17% worldwide with just 5% for South Africa, putting the country near the bottom of the rankings. The South African research was conducted by Reputation Matters, ECCO’s regional representatives.

The study examined whether the CEOs themselves are active on Twitter and have a LinkedIn profile. The USA CEOs have by far the most followers, despite the country ranking only fifth for total presence on social media. Apple‘s CEO Tim Cook continues to top the chart worldwide with more than 11 million followers on Twitter (an increase of 120% since 2017). Satya Nadella from Microsoft leads the way on LinkedIn, with over 6 million followers (an increase of 300% since 2017).

The most active CEO on Twitter comes from Spain. José María Álvarez-Pallete, CEO of Telefónica, has been active on Twitter since 2010 and has published over 36 000 tweets since then. On average, that's ten tweets per day, making him the uncontested Twitter leader among CEOs.

The leaders of South Africa’s top 20 companies* have fewer followers on social media in comparison. All of the CEOs with a LinkedIn presence had fewer than 12 000 followers. On Twitter, Rob Shuter, CEO of MTN Group leads with more than 4 600 followers.

Regine le Roux, Managing Director of Reputation Matters, says that this is not surprising: “A number of books explain how true leaders oftentimes prefer flying under the radar to all the glamour and fame that come with a major position.” The CEO’s online presence is also dependent on knowing the audience and understanding what makes sense as part of his or her communication strategy. “South Africa’s private and public sectors are both still growing in their awareness of and skill with social media,” le Roux continues.

Oliver Foster, Chief Executive of ECCO’s UK agency Pagefield, adds: “LinkedIn is becoming more and more important, while most CEOs continue to shy away from communication on Twitter. On Twitter, the language is often more pointed, and the risk of backlash from consumers is significantly higher. With LinkedIn, this risk is lower, and more and more CEOs are recognizing the opportunities this social media channel has to offer."

ECCO analysed the following countries for the study: Argentina, Australia, Austria, Brazil, Chile, Czech Republic, Denmark, Egypt, England, France, Germany, India, Italy, Mexico, Netherlands, Poland, South Africa, Spain, Sweden, Switzerland and the USA.

For more information about the study or about Reputation Matters, contact Nalene de Klerk on research@reputationmatters.co.za or visit www.reputationmatters.co.za. Follow Reputation Matters on Facebook (@yourreputationmatters) or Twitter (@ReputationIsKey).

*Top 20 JSE listed companies in South Africa (by market capitalisation) as at 12 July 2019.

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Released by Reputation Matters

Mobile Number: 081 409 2453

nalene@reputationmatters.co.za

About ECCO

ECCO is a network of independent PR and marketing communications agencies located in over 40 countries around the world and headquartered in London. ECCO member agencies are successful in their own business and are owner-managed by senior executives with extensive agency/big client experience. ECCO’s objective is to offer the best services to their clients, taking advantage of its international presence and of the full independence of its partners.

More Information at http://www.ecco-network.com

About Reputation Matters

Reputation Matters has been providing customised reputation research and management solutions since its inception in 2005. The company is 100% woman-owned and a Level 4 exempted micro-enterprise BBBEE contributor.

Reputation Matters believes that if you treasure your reputation, you will measure it and are very proud of their proprietary reputation research tool, the Repudometer®. The model scientifically measures and quantifies organisations’ reputations based on an assessment of ten elements. The Repudometer® assists organisations in understanding who their stakeholders are, what perceptions each stakeholder group has of the organisation, and how to implement results-oriented, research-based communication solutions that help take their reputations to the next level.

Reputation Matters’ vision is to be Africa’s go-to reputation research and management partner for sustainable organisational growth. The values that drive this vision are authenticity, growth, and respect.

Reputation Matters have offices in Gauteng and the Western Cape.

For more information about Reputation Matters, visit www.reputationmatters.co.za or call 021 790 0208. Reputation Matters is also on Facebook (www.facebook.com/yourreputationmatters) and Twitter (@ReputationIsKey).