Corporate Citizenship in the Networked Marketplace
Today we feature a guest blog post from Scott Henderson. Scott is managing principal of CauseShift, a team of strategists who help clients provoke, connect and market. He has led shifts for a variety of organizations, including P&G, UNICEF and wecanendthis.com, a yearlong, multi-partner initiative to spark innovation and engage more people in the cause of ending hunger in America. Scott is a regular keynote speaker and publisher of rallythecause.com.
The era of the oversized check is over. Showing up for a community relations photo op without altering your operations isn’t enough anymore. In fact, words without action are one of your greatest risks in the networked marketplace.
Your company’s filings with OSHA, EPA, USDA and other federal government agencies have created digital footprints. Customers, employees and activists are talking about you online, and this new generation of word of mouth isn’t contained by time or distance. Sooner rather than later, this mosaic of information will be available to everyone—investors, customers, regulators, employees and competitors alike.
Are you ready for the greater intimacy and immediacy that the networked marketplace demands? More specifically, are you ready for how the networked marketplace expects you to care about broader community issues?
Thanks to ubiquitous Internet access, a proliferation of mobile devices and easy-to-use web apps, the executive suite’s relationship to the rest of the world has changed. Corporations are able to engage with their stakeholders like they’re a corner store rather than a faceless multinational. That means the days of separate silos of communication are over. Corporate social responsibility, cause marketing and corporate philanthropy can no longer operate independently as if they serve different audiences. This is especially true for companies that profit from any services or products that contribute to social ills.
It is time for a unified approach to caring, driven by an awareness that your company is part of a larger ecosystem and community. Not only have these audiences converged, their expectations of companies have changed. You need to demonstrate an authentic commitment to the social causes your company has chosen to support. And your operations need to demonstrate this commitment just as much, if not more, than your marketing and communications.
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