ACCESS COMMUNICATIONS
 
Inside Access April 2009
Ketchum

Access Joins Ketchum
On November 1 we proudly announced the acquisition of Access Communications by Ketchum!
Learn more here


New Client Showcase

Toshiba PayPal Juniper Networks Polycom Beefeater digg

I recently had the opportunity to spend time with Jim Collins, a genuine expert on corporate sustainability and growth, whose most recent wise words are about how greatness can be attained in environments characterized by immense turbulence. Jim has a lot of good things to say, beginning with the headline that true leaders are able to build something great even amid great turbulence. Jim is a true believer in the philosophy that "a crisis is a terrible thing to waste” and that the companies best positioned to thrive in the immediate aftermath of this downturn are those with a strong sense of values, people and process. Similar to Aesop’s fable about the tortoise and the hare, Jim believes that strategic consistency, rather than the exuberant inconsistency exhibited by companies chasing steroid-type growth, determines a company’s long-term success. In Jim’s words, "a great company is more likely to die of indigestion from too much opportunity than starve from a lack of opportunity." Or put another way, if a company’s growth accelerates faster than its people’s ability to successfully execute across the longer term, it will fail.

Collins argues that it is senior management's ability to stay consistently focused on internal, controllable dynamics that becomes the cultural touchstone for a healthy company. It is the 20 mile marchers, disciplined about running their companies based on their own consistent metrics, who succeed. In contrast, those companies that enthusiastically draft behind the growth market end up building a reliance on external factors that they don’t control, ultimately sealing their fate. In the public relations industry we saw this with agencies that chased the dot com tidal wave and become a casualty when the wave crashed. More recently, a similar addiction to explosive but ultimately unsustainable growth expectations led to the fall-out we are all living with now. I don’t know anyone who hasn’t been directly and negatively affected by the market exuberance hang-over.

So, what does strategic consistency mean for our industry? For Access it has always meant a fundamental USP built around high touch client service that is only possible by deeply valuing our staff and giving them opportunities to grow and prove themselves.

It means honoring the commitment of having senior people stay tightly involved with our clients instead of chasing new business. It means saying no to new business opportunities that aren’t right for us because we felt that we weren’t the best partner for their needs for a variety of different reasons. On the business side of the business, it means always hitting our key cultural and operational metrics even when hard decisions have to be made because staying focused on core benchmarks means we can react quickly when external dynamics shift.

Much has changed across the business landscape in the last six months.  What hasn’t changed is our focus on maintaining strategic consistency. In this issue of Inside Access, we showcase work for clients that relies on good old fashioned block and tackle media relations, work that requires fluency in social media to establish 2.0 credibility and engage influencers, and the adoption and execution of new skill sets that meet the adapting and rapidly changing needs of clients who engage with their own constituencies with increasing frequency through the blogosphere.

And speaking of blogs, I invite you to visit our Access Point blog, where I’ve recounted in full the insights and learnings I took away from engaging with Jim Collins.

 d3 – Data Discovery Decision

Getting Strategic with Blog Engagement

You’ve got to be smart and targeted in how you engage the blogosphere – there are simply too many blogs and too many viewpoints, and it is easy to expend too much time and resources only to reach the less influential blogs or, worse, generate negative reactions from blogs that never should have been approached in the first place.

d3 - discovery data decision

Access has introduced d3 (Data, Discovery & Decision), a new service designed to help clients effectively engage with bloggers and build long-term, meaningful relationships with influencers driving online conversations. The key component to d3 is ABIE™, the Access Blog Influence Engine, a proprietary scoring methodology and tool developed in-house that determines the influence of blogs in context. Disparate blog measurement tools only provide a one-dimensional picture – ABIE™ gathers metrics from across the Web and indexes them into an easily understandable ranking that enables communications professionals to identify the most relevant and influential blogs in a single view, by audience or market segment, covering a broad spectrum of categories including: technology, pop culture, advertising/marketing, mommy blogs, media, sports & fitness, health & fitness, eco/green, and many others.

ABIE

The d3 Decision Brief provides our clients with an in-depth ABIE analysis and ranking together with strategic recommendations on how to effectively engage with the most influential blogs. That becomes part of a larger communications strategy or a single, focused campaign.

 Solyndra

Stealthy Solar Start-up Finally Has Its Day in the Sun

Solyndra, a Fremont-based solar tech company, had developed a unique product: a solar panel comprised of 40 cylindrical modules that could harness sunshine at every angle of the sun’s trajectory. After three years in business they had significant funding and an increasingly robust sales pipeline: Solyndra was ready for its media debut.

Timing is everything, and sometimes effective PR is all about creating timing. The solar tech market is a hot sector and alternative energy is entering the mainstream, giving rise to several new solar companies making unproven technology and business claims. To quote one industry insider, “Right now the solar industry is generating more publicity than electricity.” Despite its media silence, Solyndra itself had been the subject of several skeptical articles. It was in this environment that Solyndra engaged Access to develop a smart, compelling campaign that would effectively and credibly launch the company into the larger marketplace.

Our objective was to create a "must see" anticipation for Solyndra’s revolutionary rooftop solar technology, as well as highlight the executive team's impeccable engineering, science, and business credentials. With so many competing competitor claims we needed to create a sense of urgent timing around Solyndra’s competitive differentiators, market-changing technology, and secured book of customer contracts totally $1.2 billion while not adding to the overheated expectations set by other players in the space.

The Access strategy was two-fold: assiduously media train the Solyndra CEO and other senior executives, arming them with bullet-proofed messaging honed for every media audience; and draw on our strong editorial relationships to sensitize key media segments to the company’s value proposition. It was imperative that we tell the right story to the right audiences. With two compelling components to Solyndra’s narrative – strong financial backing with a robust pipeline and unique solar technology – we targeted top tier business, technology and financial publications, plus carefully selected blogs and online outlets.

The resulting media tour was a great success. Access secured 23 meetings with top tier media, including broadcast (CNN, Fox News) and print (Forbes, Fortune, AP, Bloomberg, New York Times, Reuters, San Francisco Chronicle, San Jose Mercury News, BusinessWeek, MIT Technology Review, The Economist, and Scientific American.) The first week saw over 100 unique articles, resulting in 75 million impressions.

Sales inquiries immediately following launch nearly overwhelmed Solyndra’s sales team. More than 1400 sales inquiries came in during the first few months following the launch a final testament to our objective with every client: deliver PR that drives business results.

Solyndra on CNN

Solyndra
 
 

 Intuit Finance Works

Twitter, Serving a Purpose

While the debate continues around the societal implications of  micro-blogging and what the right path to monetization is for Twitter, companies are increasingly recognizing its value as a real-time communications channel for engaging with customers, prospects, media and other influencers in more intimate ways.  The key is to establish credibility and authenticity, to ensure your dialogue is paying off on larger objectives.

We’ve established Twitter profiles on behalf of numerous clients with great, ongoing success. One example is for Intuit’s Digital Insight, which markets FinanceWorks and Small Business FinanceWorks online banking solutions to financial institutions.

We launched the site in the Fall of 2008 (http://twitter.com/FinanceWorks) with simple objectives: establish 2.0 credibility and reach partners (financial institutions) and customers with meaningful engagement.

Among the keys to our ongoing success: we tweet on relevant information (momentum surrounding newly minted credit union and bank partners; compelling industry news; analyst and media insights of value to customers) and we never traffic in sales or marketing-speak.

We also engage in two way interaction: while we now have over 400 followers, we also follow over 500 fellow Twitterers; we are averaging over 40 new followers a week, almost all of whom have high strategic value including credit unions (GE, Alliance, Eli Lilly), credit union and bank executives, industry analysts and key trade media (American Banker, Credit Union Times).  

We’ve even begun to generate ringing endorsements from financial institution partners, such as this one:

  • "Have you tried FinanceWorks? A new free service inside Online Banking. Manage ALL your finances in one spot. http://tinyurl.com/cqwjoh"
And business development opportunities, like this:
  • "Please have a sales person call me at work on Monday – xxx.xxx.xxxx - I work for XXXXX our core is Jack Henry & Assoc."

FinanceWorks Twitter Page

517 Followers on Twitter
 

 From The PR Measurist’s Blog…

Social Media Measurement Redux

M3: Media Measurement Matrix

The news here is that we are in the process of standardizing our social media monitoring on the tool provided by Radian 6. Overall, we looked at a bunch of different apps and services and we think R6 is the way to go for corporate PR teams and agencies. The things that sold me on this tool were the ease of data export, since we still grind a lot of stuff in Excel and QuickBase (best cloud DB/PaaS on the market – full disclosure it's our client's product); and the workflow tools for managing responses to content posted about a client's brand.

Other free stuff that I like for social monitoring includes TweetScan and BackType. But the killer app and the tool I run and see on everyone's desktop here at the agency is TweetDeck. The cool factor is largely due to Adobe AIR. It's what iGoogle used to be back in the day.

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To learn more about Access or to ask a question, please email Brian Regan or call 917.522.3523.

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