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Embedding communication into
the business strategy



Anna Cousins
Asia-Pacific Marketing Manager
Agenda

? Articulating the importance of communication and its
  benefits in terms of ROI
? Influencing senior leaders to adopt communication as
  core business
? Building a business case for corporate communication
Agenda (cont)

? Working with leadership, marketing, finance and HR
  to understand wider objectives
? Delivering the communication strategy against the
  firm’s goals and brand
? Communicating consistently to diverse audiences –
  internal and external
Brand strategy helps firms …

? Differentiate from competitors
? Create a price premium
? Enhance profit margins
? Encourage buyer loyalty


Enduring brands become market leaders through
  consistent delivery to buyer expectations
Professional services

? Technical expertise, even excellence or quality, is a
  given – price of entry
? A “people business”
? Clients demand high service levels
? Align organisational behaviour with the external brand
  promise – link brand values to people management

Communication is critical to the process
Differentiation of law firms

? Larger commercial firms – full-service capacity, complex
  high-end work
? Niche firms – excel in one practice area
? Volume-driven commoditised business (conveyancing,
  insurance/personal injury)
? Geographic / Demographic market
? Alternative pricing models - new

Communicate what makes your firm special
A global firm
Snapshot

130 partners and >250 other lawyers in 13 offices:
? Europe – London (head office), Paris, Rouen, Brussels,
  Geneva, Piraeus
? Middle East – Dubai
? Asia Pacific – Hong Kong (1978), Singapore (1991),
  Shanghai (1999), Melbourne (2006), Sydney (2009),
  Perth (June 2011)
Fit purpose to strategy
Long-established in shipping ...

                   ? Sailing-ship owning Holman
                     family forms shipping
                     insurance associations
                     (1832-70)
                   ? John Holman & Sons moves
                     to City of London (1873)
                   ? Frank Holman, of John
                     Holman & Sons, sets up as a
                     solicitor (1883)
… but on the move

? Re-branded in 2008, deleting the '&' from name
? New logo and visual identity
? Firm converted to LLP status in 2009
? Tagline: “Lawyers for international commerce”
Lawyers for International Commerce
Key messages

? Tagline - Lawyers for international commerce
? International law firm with offices in Australia, Asia-
  Pacific, Middle East and Europe
? Depth of experience, longevity and resources in Asia-
  Pacific region
Key messages (cont)

                      A sector-focussed
                      business strategy:
                      ? Commercial
                      ? Corporate, Projects &
                        Finance
                      ? Insurance & Reinsurance
                      ? Shipping & Transport
                      ? Trade & Energy
Key messages (cont)
HFW has a diverse client base:
? Ship owners, operators, ports and shipyards
? Logistics providers and supply chain managers
? Commodity houses and traders
? Mining companies
? Energy companies and oil traders
? Banks and other financial institutions
? Private and public companies
? Insurance underwriters and brokers … and more
Key messages (cont)

? Need to communicate differently
? Open and personable communication approach breaks
  down typical barriers existing between:
   - clients / law firms
   - partners / employees
   - marketing / human resources / finance


? “People you can work with”
Key messages (cont)

? Vast global experience in emergency and crisis
  management wherever it occurs in the world
? 24-hour emergency service
Internal communication

? Aust managing partner highly visible
? Holmanet intranet - information-sharing
? Monthly “international lunch” for all staff

? Established social networking sites – Yammer?
? Own online communities of interest?
? Managing Partner’s blog - share ideas, feedback,
  dialogue, collaborate?
Structuring the Firm to Deliver
Communication strategy fits purpose

? Articulate market-leading position in established areas
? Demonstrate social responsibility and commitment to
  sectors on which we focus
? Manage the client experience and delivery
Communication fits purpose (cont)

? Foster global collaboration and teamwork across ten
  countries (and different cultures)
? Build the profile in new markets
? Support recruitment – hiring in Australia
In tough times …

? Competition threatens client relationships
? Media looking for bad news
? Everyone must champion the brand
? People feel unsettled and look to leaders for clarity

Clear, consistent communication is important
Leaders must …

? Keep communicating – remind
  clients/staff/suppliers of the big picture
? Make time to (deeply) understand audiences –
  particularly clients
? Maintain trust via personal communication –
  face-to-face becomes more important
? Demonstrate value – as competition intensifies
Not …

? Create a communication vacuum
? Over-communicate – looks nervous
? Fear new media – embrace it
? Grind to a halt – stay agile
In tough times … get personal

                Unified purpose – on message
                Storytelling – campaign leveraged
                  the power of leadership oratory
                Walking the floor – from
                  backstreets to boardrooms Obama
                  fronted up
                Kept communicating –even
                  when time (& questions) got tough
                Audience centric –tweaked
                  messages for different stakeholders
                Celebrating success – wins
                  used to fuel campaign motivation
Summary

? Communication must fit the wider strategy
? Work with HR to align culture and behaviours with
  external brand promise
? Reflecting brand consistently – internal/external
? Leaders must communicate firm’s vision …
  and fill information vacuums
Lawyers for international
commerce




hfw.com

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Anna cousins

  • 1. Embedding communication into the business strategy Anna Cousins Asia-Pacific Marketing Manager
  • 2. Agenda ? Articulating the importance of communication and its benefits in terms of ROI ? Influencing senior leaders to adopt communication as core business ? Building a business case for corporate communication
  • 3. Agenda (cont) ? Working with leadership, marketing, finance and HR to understand wider objectives ? Delivering the communication strategy against the firm’s goals and brand ? Communicating consistently to diverse audiences – internal and external
  • 4. Brand strategy helps firms … ? Differentiate from competitors ? Create a price premium ? Enhance profit margins ? Encourage buyer loyalty Enduring brands become market leaders through consistent delivery to buyer expectations
  • 5. Professional services ? Technical expertise, even excellence or quality, is a given – price of entry ? A “people business” ? Clients demand high service levels ? Align organisational behaviour with the external brand promise – link brand values to people management Communication is critical to the process
  • 6. Differentiation of law firms ? Larger commercial firms – full-service capacity, complex high-end work ? Niche firms – excel in one practice area ? Volume-driven commoditised business (conveyancing, insurance/personal injury) ? Geographic / Demographic market ? Alternative pricing models - new Communicate what makes your firm special
  • 8. Snapshot 130 partners and >250 other lawyers in 13 offices: ? Europe – London (head office), Paris, Rouen, Brussels, Geneva, Piraeus ? Middle East – Dubai ? Asia Pacific – Hong Kong (1978), Singapore (1991), Shanghai (1999), Melbourne (2006), Sydney (2009), Perth (June 2011)
  • 9. Fit purpose to strategy
  • 10. Long-established in shipping ... ? Sailing-ship owning Holman family forms shipping insurance associations (1832-70) ? John Holman & Sons moves to City of London (1873) ? Frank Holman, of John Holman & Sons, sets up as a solicitor (1883)
  • 11. … but on the move ? Re-branded in 2008, deleting the '&' from name ? New logo and visual identity ? Firm converted to LLP status in 2009 ? Tagline: “Lawyers for international commerce”
  • 13. Key messages ? Tagline - Lawyers for international commerce ? International law firm with offices in Australia, Asia- Pacific, Middle East and Europe ? Depth of experience, longevity and resources in Asia- Pacific region
  • 14. Key messages (cont) A sector-focussed business strategy: ? Commercial ? Corporate, Projects & Finance ? Insurance & Reinsurance ? Shipping & Transport ? Trade & Energy
  • 15. Key messages (cont) HFW has a diverse client base: ? Ship owners, operators, ports and shipyards ? Logistics providers and supply chain managers ? Commodity houses and traders ? Mining companies ? Energy companies and oil traders ? Banks and other financial institutions ? Private and public companies ? Insurance underwriters and brokers … and more
  • 16. Key messages (cont) ? Need to communicate differently ? Open and personable communication approach breaks down typical barriers existing between: - clients / law firms - partners / employees - marketing / human resources / finance ? “People you can work with”
  • 17. Key messages (cont) ? Vast global experience in emergency and crisis management wherever it occurs in the world ? 24-hour emergency service
  • 18.
  • 19. Internal communication ? Aust managing partner highly visible ? Holmanet intranet - information-sharing ? Monthly “international lunch” for all staff ? Established social networking sites – Yammer? ? Own online communities of interest? ? Managing Partner’s blog - share ideas, feedback, dialogue, collaborate?
  • 20. Structuring the Firm to Deliver
  • 21. Communication strategy fits purpose ? Articulate market-leading position in established areas ? Demonstrate social responsibility and commitment to sectors on which we focus ? Manage the client experience and delivery
  • 22. Communication fits purpose (cont) ? Foster global collaboration and teamwork across ten countries (and different cultures) ? Build the profile in new markets ? Support recruitment – hiring in Australia
  • 23. In tough times … ? Competition threatens client relationships ? Media looking for bad news ? Everyone must champion the brand ? People feel unsettled and look to leaders for clarity Clear, consistent communication is important
  • 24. Leaders must … ? Keep communicating – remind clients/staff/suppliers of the big picture ? Make time to (deeply) understand audiences – particularly clients ? Maintain trust via personal communication – face-to-face becomes more important ? Demonstrate value – as competition intensifies
  • 25. Not … ? Create a communication vacuum ? Over-communicate – looks nervous ? Fear new media – embrace it ? Grind to a halt – stay agile
  • 26. In tough times … get personal Unified purpose – on message Storytelling – campaign leveraged the power of leadership oratory Walking the floor – from backstreets to boardrooms Obama fronted up Kept communicating –even when time (& questions) got tough Audience centric –tweaked messages for different stakeholders Celebrating success – wins used to fuel campaign motivation
  • 27. Summary ? Communication must fit the wider strategy ? Work with HR to align culture and behaviours with external brand promise ? Reflecting brand consistently – internal/external ? Leaders must communicate firm’s vision … and fill information vacuums