In case you've not had a chance to pick up your copy of Leadership Magazine this month yet; here's my latest article; it's on page 102.
How do you love Leadership?
Let me count the ways...
The results are in! Surveys have been completed and data analysed. Using
our unique reputation management research tool, the Repudometer®, we are proud
to announce that Leadership Magazine’s reputation scored a whopping 78%! What
this means is that you really enjoy reading your monthly dose of leadership
articles and that you have a high regard for the magazine’s editorial integrity.
Thank you to everyone who participated.
What is a reputation score? The
reputation of an organisation (or magazine in this case) is built upon the
perceptions of stakeholders about the interactions and activities of the
organisation. These stakeholders all have their own specific views and
perceptions of an organisation, which contribute to how the organisation is
seen and valued. Every organisation has a reputation, be it positive or
negative. The Repudometer® results make it even more interesting; we are able
to capture and quantify an organisation’s reputation to clearly see what is
impacting their reputation so that robust communication strategies can be put
in motion, to leverage off the strengths and curb issues impacting the
reputation. Ultimately we look for solutions to take the entity’s reputation to
the next level.
Why reputation matters? The possibilities of a good and solid
reputation are endless. A healthy corporate reputation helps you attract and
retain talented employees. It also assists in making your brand the most
preferred amongst customers when competitors’ goods and services are available
at a similar quality and price. And very importantly, it pulls you through
times of controversy; you don’t know when a crisis is about to hit.
Why quantify Leadership Magazine’s
reputation? By understanding what elements and information about the magazine
is pertinent to each of its stakeholder groups, we were able to determine what
elements are building or breaking down the image of Leadership Magazine, and
ultimately impacting its corporate reputation, and to make sure that the magazine
is on track when it comes to delivering a high quality magazine readers have
become accustomed to.
For the Leadership Magazine reputation
research survey, we engaged mainly with two stakeholder groups, namely readers and
employees. There were some ‘other’ respondents which included partners and
suppliers; however, we did not receive enough data from this group to get
statistically accurate results. Nonetheless, it still provided us with valuable
insights.
When measuring stakeholder
perceptions and the resulting corporate reputation, a holistic view needs to be
taken of the organisation. Every area of an organisation, regardless of how big
or small it may appear, plays a key role in its reputation.
The five core elements that we measured in the study included:
Corporate
Management which scored 83%
and focused on how the organisation is run and managed, in other words, the
magazine’s Strategic Intent and Operational Governance. Stakeholders perceive
Leadership Magazine to have a clear direction of where the magazine is heading.
The Strategic Intent dimension scored the highest with 87%.
Corporate
Capital scored 79% and measured the ability and capability of
the organisation to deliver on services and stakeholder expectations. This
dimension focused on human and operational capital, i.e. employees and their
skills and toolset that they are armed with.
Corporate
positioning scored 73%
and looked at Leadership Magazine’s strategic alliances, i.e. partnerships and
its interactions within their community; the Corporate Social Investment (CSI)
projects that they get involved with, the latter being something that
Leadership Magazine know they need to focus on and communicate more on, as this
element scored the lowest overall.
Corporate
performance scored 82%
and measured the financial aspects of the business in terms of business
results, as well as its value offering. Value Offering scored the second
highest (86%), which means that stakeholders see the value of investing, i.e.
buying and advertising in the magazine
Corporate
dialogue scored 74%,
this element is the glue that ties all of the components together and comprises
of internal and external dialogue. Leadership Magazine’s external communication
scored on the low side, and they know that they can do more to market
themselves.
Some interesting reader statistics
from the survey (please note that this is not the full list of results):
· 95% would recommend others to read
Leadership Magazine
- 88% of the readers are incredibly positive and have a high regard for the magazine’s editorial integrity
- 59% of respondents read the magazine online
- 56% rated their readership experience on par with their expectations
- 37% of respondents are not subscribed to the newsletter
- 35% of readers save the hard copy of the magazine for future reference
The three top of mind words that are used
to describe Leadership Magazine are: Quality,
Balanced and Strategic.
The 78% overall score shows that
Leadership Magazine is a solid, reputable read that people want to be
associated with.
We thank everyone that participated
in the study.
If you would like to measure your
reputation, contact us before the end of July 2016 to qualify for a special Leadership
Magazine reader rate. Your company’s reputation matters to us!
To
continue the reputation management conversation, join Regine on Twitter
@ReputationIsKey or Facebook www.facebook.com/yourreputationmatters.
Do
you have a reputation management question? Ask the specialist – send your
question through to Regine and it may be answered in the next edition: regine@reputationmatters.co.za.
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