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Corporate Repositioning: From
Dish Maker to Technology Leader
When several members of the Birnbach Communications team started working
with Corning at Brodeur Worldwide, the communications challenge was exciting
but formidable … change the company's image from the people that made
dishes with "little blue flowers," into a technology leader in the Optical
Communications space.
As a foundation for the communications program, Corning had undertaken
a major corporate re-branding initiative to create a "new Corning." The
initiative's efforts ranged from conducting brand value research and
developing a new logo, to creating a new corporate tagline, corporate
vision and design/graphic approach.
It was then the job of the in-house corporate and agency communications
team to bring this new look and feel to life with key audiences including
the media, customers, employees and Wall Street.
Telling A Compelling Story…
A critical piece of successfully transforming Corning's image, was building
a story that would be compelling, credible and transferable across audiences.
We worked closely with the client to build a set of messages, story
angles and positioning that would establish them as an Optical Communications
giant. Leveraging their discovery of optical fiber in the 1970's, divestiture
of the consumer products division, countless networking technology advances,
global expansion, M&A's, and strong leadership, we wove a powerful value
proposition for the company and their contribution to the telecommunications
arena.
This messaging and positioning was then threaded throughout all communications
internally and externally from the annual shareholder meeting
speech, board presentations and media interviews, to customer letters
and the company intranet.
This was the first time in many years the company's image was being
communicated in a unified way starting at the corporate level and then
funneling down through every division.
Getting on the Right Radar Screens …
When we began working with Corning, their media exposure was predominantly
limited to local business media, technical publications and a small slice
of national business press. Visibility also tended to result from reactive,
news release efforts vs. proactive, sustained outreach.
Further, it was being covered as a manufacturing company vs. a technology
hot-bed and being categorized in stock listings among companies like
Anchor-Hocking as opposed to Nortel, Cisco and Lucent, with whom it rightfully
belonged.
By building new relationships, educating key influencers in the business,
technology and telecommunications spaces, and building a steady drumbeat
of outreach, we put Corning on the radar screen of a whole new set of
news makers.
Resulting coverage spanned many outlets including The New York Times,
The Wall Street Journal, Business Week, USA Today, Fortune, Forbes,
Financial Times, Fast Company, The Economist, Red Herring, Business
2.0, Reuters, Associated Press, CNBC, CBS MarketWatch.com, TheStreet.com,
MoteleyFool.com, Bloomberg News and more.
Two interesting areas where we made very specific tweaks to how Corning
was being viewed included: successfully lobbying The Wall Street Journal to
shift the reporter covering Corning from the manufacturing beat out of
Pittsburg to the telecom business reporter out of New York City; and
changing its SIC code classification from glass/manufacturing to technology/telecom.
We were able to get magazines like Fortune and Business Week to
change the categories in which they had placed Corning; for example,
last year in its "Most Admired Companies" special section, Fortune listed
Corning among telecommunication manufacturers, away from glass manufacturers
(such as Libby Glass) against whom the company no longer competed.
Integrating the New Image Across All Communication Functions …
In order for the story of the new Corning to ring true and be sustainable,
it was critical that all communications vehicles were unified.
We were instrumental in helping Corning build and execute integrated,
ongoing programs that would make a lasting impact.
- Employee communications were evolved to one look and feel, taken
on-line for maximum reach, and built to connect with the growing worldwide
employee base.
- M&A announcements were used as an opportunity to educate Wall Street,
customers and employees on Corning's deep commitment to the Optical
space.
- Media efforts dovetailed with advertising initiatives at the corporate
and divisional levels for maximum impact and ROI.
- Executive communications were unified across internal and external
vehicles to showcase the company's unique management bench strength.
- Outreach to the financial analyst community was synched more tightly
with media efforts to ensure consistency and credibility.
Bringing it All Together
By helping Corning tell a compelling story, get onto the right radar
screens and integrate efforts across all communications we were able
to help the company truly move the needle and transform its image from
a company that "lived" in America's kitchens to a worldwide technology
force.
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