Context: The New Rules of Engagement.
The general distrust of corporations—often distrust that generates disgust and disrespect—has created a new set of rules for engagement. CEOs are wary of speaking in public; the media, they believe, will take advantage of every opportunity to make them look bad—reporters will quote them out of context, misquote them, ignore the message of the speech and ask questions so they can write the story they want to write. It seems as if reporters already know what the story will be: They just need some quotes to go with their preconceived notions about the industry, this specific company and its CEO.
CEOs face more legal obligations now than ever. They fear saying anything that might be turned against them in a lawsuit by investors or anyone else. They fear “the quiet period.” In these circumstances, lawyers begin to have a greater voice in what a speech says—and what it does not say—which drains the blood, sweat and tears out of speeches. When the speech is lifeless, audiences react accordingly. So do forums seeking speakers: they will simply stop calling.
The media round-up of all CEOs and big corporations as villains is, of course, unfair. But saying it is unfair doesn’t do a thing to change it. This context is simply part of the environment that CEOs, CFOs and other corporate officers have to live with. So does everyone in PR and other communications efforts.
Speeches remain a vital way to tell a company’s story. They’re an effective way for a company to put together its story in the most compelling way possible; then the text can be used in opinion columns, in internal publications, in remarks by managers to their employees, on the Internet.
Content
Company executives don’t improve the media’s and public’s perception of their company when they go to major speaking forums and say nothing, when they take the non-stand and issue self-serving statements.
People are hungry for substance in speeches, real content. The idea is the thing: An idea clearly expressed in persuasive fashion. Hence, speaking forums are looking for ways to encourage more substance—perhaps allowing an “interview” format akin to the Charlie Rose television show. Anything to get away from what is seen as the “safe” speech, corporate pabulum.
They don’t want to hear a CEO claiming her company is great or that it is focused on customers. They want to know what her company is doing that sets it off from competitors in the various aspects of the business, from R&D to marketing to using new technology to gain efficiencies; they want to know the specific ways they are focused on customers, again, the specifics that set it off from what competitors are doing.
The “we’re honest” speech has run its course. Audiences have been hearing that for more than two years now, and they don’t want to hear it any more. The message was always suspect anyway. Who believes a man who says he is virtuous? That he is humble? Ethics is the same. Companies win back trust by keeping their books straight, and by delivering excellent products and the services to back them up. Audiences don’t want to hear product rollout speeches either, not when they’re expecting to learn something about industry trends or a company’s change in strategy.
They want to know what trends are driving a company’s strategy, how a company differs from its competitors. They want to hear what is driving economic change. They want insights into globalization. What is it? Why is it happening? What are the benefits? What are the costs, the downside?
They want leadership to tell them what the real issues are; they want to get behind the sound bites, charges and counter charges, wild allegations. They want to know what is actually happening.
Business audiences don’t expect easy answers; in fact, they shy away from easy answers. They want more understanding of complex issues. They want a point of view. Where do you stand on this? Why? What are the emerging trends we should be aware of? But they want solid stuff. They don’t want the kind of overblown hype that drove the dot-com boom—all the incredible products and services that an array of bright, young companies were going to produce. They want solid stuff. Facts and trends weighed by the considered judgment of experienced, seasoned, savvy business people—business leaders.
In other words, people—customers, owners, employees and the general public—expect leaders to lead. Where are we going? Where do you think we should go? How do we get there?
Opportunity
This hunger for content is an opportunity for companies with a message, with a solid story to tell, a company willing to take a stand on the issues affecting its customers, employees, and owners—even an issue with national and international ramifications. Companies and CEOs can position themselves as leading the way on these issues, while investing prudently. Some of the top forums still want CEOs to speak: The Economic Club of Detroit, the City Club of Cleveland, Townhall in Los Angeles.
There are plenty of opportunities.
Speakers can gain polish in regional forums and by speaking at colleges [?] and universities. Rotary Clubs around the country provide good forums, whether in major metro areas or smaller communities.
Speeches as Generator of Content
On policy and issues, a speech should be the best statement a company can make; the best ideas, the best words articulating those ideas. When the speech is finished, everyone—from the writers to the officers and others who helped—should have a much clearer idea of exactly what they believe about that issue. Officers should say: “That’s it exactly. I have never seen it so clearly stated. That is precisely what we want to do, precisely what we are doing.”
Employees should react that way as well.
This is the prime virtue of the process that produces a speech: Clarity in understanding; a script to express that understanding.
In reality, then, the speech becomes the text at the heart of all manner of communications. It is in this sense that a good speechwriting operation drives messaging.
The Troubling Gap
The gap between what a corporation says and what actually happens creates a huge credibility problem inside the company and in the marketplace. Among employees, it can create a crippling brand of cynicism—they themselves can see that the hype so far outruns reality that it is in fact not merely hype, which can be accepted, but a lie. When a company’s advertising says it is delivering excellent service—when their leaders’ speeches and internal publications tell employees the company is delivering excellent service—and yet employees know the company is delivering terrible service, the gap creates still more problems in low morale and cynicism; employees have reason to question their leader’s integrity, understanding of their operations, and their ability to lead.
Grassroots Communications
Employees are like everyone else: They expect honesty. They want openness, but they must have honesty. They don’t want to be talked down to, they don’t want to feel left out and ignored. They want to know how they and the circle of people they work with fit into the company’s big picture, something of what is expected of them. They want to know the company’s basic aims.
This is why grassroots communication inside the company is so important. Even if a company refuses to send the CEO and other officers into public forums, it needs to make sure they are talking to employees—talking with employees, engaging in dialogue, answering questions, taking suggestions to heart whenever possible.