The Communication
Value Circle is the result of research published in 2016 by Ansgar Zerfass
and Christine Viertman, Institute of Communication and Media Studies,
University of Leipzig, Leipzig, Germany. The two researchers had seen the
results of two surveys, in 2014 and 2015, of communication professionals across
the globe, that showed practitioners ranked “improving the measurement of
communication effectiveness to prove value” as one of the top most significant,
relevant issues for the profession in the upcoming years. Zerfass and Viertman proceeded to review 815
publications in 36 international journals across several communication
disciplines and published from 2000 onward, to discover what communication is
asked to do in organizations and how value of these activities is determined.
The research review found four themes on what communication
is asked to do:
·
Support business operations internally &
externally to ensure fulfillment of the mission
·
Build reputation, brands and corporate culture
to establish corporate citizen identity
·
Foster trusted relationships with stakeholders
to deal with uncertainty in the marketplace, and
·
Listen for shifts in external and internal
environments to adjust strategy and planning if necessary.
The resulting Communication Value Circle* framework from
the research review does something no other communication value model or
framework has been able to achieve. It establishes
the organizational communication function as a key and supporting activity in
the organization’s life by
·
Defining the primary
task of the communication function as -- to strategically manage and
measure the company’s position in the market and with its stakeholders,
listening and learning from the external and internal environments, and
repositioning the company and adjusting strategies as market and stakeholder
dynamics shift.
·
Integrating communication value measurement with
existing value frameworks used by other functions in the business that measure
value as the fulfillment of corporate strategy.
·
And, aligning communication measurement with
measuring value as fulfilling corporate strategy – how the company plans to achieve
its mission in the marketplace.
While early in its release and with further work and
application of the framework underway, at the very least, communication
professionals should begin to use the value circle in planning communication
activities, explaining communication value and managing communication role
fulfilling corporate strategy. They can
explore the Communication Value Circle by focusing on its outer dimensions of
value creation and working inward to communication activities (the outer
colored ring) that align with the value dimensions. For instance, communication activities that
enhance company reputation, build the company’s brands or foster a positive
corporate culture – the company’s identity -- create value for the company today and in the future. Company publicity, learning customer
preferences and building employee commitment enables the company to operate
effectively and efficiently in the marketplace.
Knowing what activities contribute what value is an easy first step in
beginning to work with the model. A full discussion by its authors gives
further insights and application in using the framework to begin “talking the
talk” of business value and measurement.
Consider applying the Value Circle to your practice in
these ways:
·
Planning
o Understand
the role of communication in organizations, specifically its cyclical nature in
sending and receiving messages in
business environments
o Align
communication activities goal/objectives with the value dimensions
·
Explaining
o Adopt
terminology of the Value Circle in your business reporting activities
o Add
“educating business partners on value” when developing the communication brief
·
Managing
o Position
communication activities as a primary and supporting function of fulfilling
corporate strategy
o Develop
measurement of activities that align with the value dimensions short or long-term
impact on the company
Let us know how it goes and what you find.
This is the second
in a three-part series on The Communication Value Circle framework of value
measurement. The first – Might The
Communication Value Circle, Finally, Get Us a Seat at the Table?
– was published February 9, 2018. The third – A Closer
Look at Business Value Models – will be published February 22, 2018.
*©University of Leipzig 2016
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