The Myth of Manageability of Corporate Identity

  • PDF / 149,652 Bytes
  • 15 Pages / 594.976 x 764.976 pts Page_size
  • 76 Downloads / 224 Views

DOWNLOAD

REPORT


Volume 5 Number 1

The Myth of Manageability of Corporate Identity Michel Meijs Executive Vice President, Corporate Communications, ABP Investments, the Netherlands

Corporate Reputation Review, Vol. 5, No. 1, 2002, pp. 20–34 # Henry Stewart Publications, 1363–3589

Page 20

ABSTRACT Organizations and their environments are changing continuously. In an attempt to cope with fierce international competition, many organizations adapt their strategy and restructure their organization. The change of strategy often goes hand-in-hand with an attempt to improve the corporate image and strengthen the brand. Changing circumstances may require a different kind of company with different identity attributes. Under these changing circumstances, management tends to delineate the desired corporate identity1 or image without having a clear conception of the company’s actual identity, let alone of the existence of different identities within the company. Ideally, such a conception should form the basis of a planned change of identity. Corporate identity has emerged in literature of the last decade as a multifaceted phenomenon that has been looked at and defined from many perspectives. Various academics in the field hold that we are still at the beginning of our attempt to sound the depth of the concept. To date, there is no unambiguous, generally agreed upon definition of corporate identity. Despite the lack of definitional agreement on the nature of corporate identity, the international literature on corporate communications and strategic management of recent years shows a growing consensus in the business and academic communities on the importance of corporate identity (Balmer, 1995, p. 29).2 A favorable corporate identity is considered one of an organization’s most important assets and therefore deserves management’s constant attention. A changing or multiple corporate identity

can create instability; this may adversely influence a company’s internal processes and its corporate image, and thus endanger the realization of strategic targets. Management should be aware of these risks and act accordingly. But how manageable are corporate identities? The results of the case study discussed in this article provide an answer to this pertinent question. In a case study3 I investigated the effect of a change of the organizational structure, viz., geographical decentralization, on the corporate identity of the investment department of a large European pension fund. To measure the identity of the organization, I used van Rekom’s (1998) laddering technique. The laddering technique is a measurement instrument that allows one to identify all intentional actions, goals, and values of individuals within the context of their jobs. This instrument enables one ‘to open the individual’s mind’ and, consequently, ‘to open the organizational mind’ (Morsing, 1999).4 My preference for this instrument is based on its advantages over other qualitative methods in that ‘it is highly formalized, without sacrificing the openness of the more qualitative methods’.5 Moreov