Analysis instead of anecdotes
Corporate Publishing: Do corporate publications achieve their communication goals? The «CP Standard» is designed to answer this crucial question.
Corporate publishing Are corporate publications achieving their communication goals? The "CP Standard" aims to answer this crucial question: the magazine has a dignified and serious appearance: in the current issue, it presents a dialog between former Federal Councillor Ruth Metzler and Economiesuisse President Ueli Forster, a report on a university for black people in South Africa and a portrait of Lisbon. But does the glossy magazine CEO also achieve the communication goals defined by Alexander Fleischer, Head of Corporate Communications at PricewaterhouseCoopers (PWC) - and therefore CEO publisher? Does the company magazine manage to "bring the brand to life" and establish a "dialog with customers"? PWC magazine put to the test
Apparently yes: "The CEO is an above-average effective and successful communication tool" is the conclusion after the impact analysis using "CP Standard", a new method recently presented by Publicom AG. The Kilchberg-based media researchers and consultants used the PWC magazine as the subject of the pilot study.
Considerable potential
The "CP Standard" is a complex tool designed to determine and measure the various communication performances of customer magazines (see box below right). Publicom has adapted the method for Switzerland and now offers it for controlling all CP products. The Media Knowledge Company, as the agency defines itself, sees "a great need and corresponding potential" here.
Although Publicom Managing Director René Grossenbacher estimates that around one billion Swiss francs are invested in and with Swiss corporate journalism every year, "the evaluation of these investments is absolutely inadequate." This assessment is supported by a study by the Institute for Journalism and Media Research at the University of Zurich (IPMZ), according to which only one in four of the 400 largest Swiss companies have their customer publications regularly reviewed.
The standardization of the new procedure should enable clients to compare their publications directly with those of their competitors - instead of only subjecting them to ad hoc studies without reference values, as was previously the case. Benchmarking is also the main innovation of the new tool. It is made possible by a (for the time being rather modest) database with results from other "CP Standard" studies from Germany and Switzerland. Another new feature is that it is possible to determine exactly whether a publication is achieving its specified objectives: all results on usage and evaluation are displayed in concrete index values. According to Grossenbacher, the main benefit for companies is an action relevance matrix that shows which editorial or design elements need to be reviewed in order to eliminate weaknesses and not jeopardize existing strengths.
The "CP Standard" is therefore likely to generate more than the "anecdotal feedback" that PWC's Head of Communications Fleischer has received to date. Whether and how representative the benchmarking tool will be, however, depends heavily on the number of existing comparative studies, as Grossenbacher also admits. Either way, it will force companies to define their communication goals in the first place - in order to be able to measure something.
Publicom magazine Medianovis: The inside view of the CP industry.
Patrick Steinemann
Apparently yes: "The CEO is an above-average effective and successful communication tool" is the conclusion after the impact analysis using "CP Standard", a new method recently presented by Publicom AG. The Kilchberg-based media researchers and consultants used the PWC magazine as the subject of the pilot study.
Considerable potential
The "CP Standard" is a complex tool designed to determine and measure the various communication performances of customer magazines (see box below right). Publicom has adapted the method for Switzerland and now offers it for controlling all CP products. The Media Knowledge Company, as the agency defines itself, sees "a great need and corresponding potential" here.
Although Publicom Managing Director René Grossenbacher estimates that around one billion Swiss francs are invested in and with Swiss corporate journalism every year, "the evaluation of these investments is absolutely inadequate." This assessment is supported by a study by the Institute for Journalism and Media Research at the University of Zurich (IPMZ), according to which only one in four of the 400 largest Swiss companies have their customer publications regularly reviewed.
The standardization of the new procedure should enable clients to compare their publications directly with those of their competitors - instead of only subjecting them to ad hoc studies without reference values, as was previously the case. Benchmarking is also the main innovation of the new tool. It is made possible by a (for the time being rather modest) database with results from other "CP Standard" studies from Germany and Switzerland. Another new feature is that it is possible to determine exactly whether a publication is achieving its specified objectives: all results on usage and evaluation are displayed in concrete index values. According to Grossenbacher, the main benefit for companies is an action relevance matrix that shows which editorial or design elements need to be reviewed in order to eliminate weaknesses and not jeopardize existing strengths.
The "CP Standard" is therefore likely to generate more than the "anecdotal feedback" that PWC's Head of Communications Fleischer has received to date. Whether and how representative the benchmarking tool will be, however, depends heavily on the number of existing comparative studies, as Grossenbacher also admits. Either way, it will force companies to define their communication goals in the first place - in order to be able to measure something.
Publicom magazine Medianovis: The inside view of the CP industry.
Patrick Steinemann
