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The Leadership Crisis: CEOs Failing to Embrace New Media

[fa icon="calendar"] 17-Jun-2013 14:44:00 / by Iliyana Stareva

Yesterday I came acrosscrisis of leadership Stephen Waddington’s blog post introducing the findings of the 2013 Ketchum Leadership Communication Monitor (KLCM) and I found them quite interesting and worthwhile discussing, so I decided to share them. (Oh and by the way, Brandzeichen (the agency I work at) is now officially part of the Ketchum network).

Some background first: the annual research explored the perceptions of 6,000 people in 12 countries on five continents “regarding effective leadership, effective communication and the intrinsic link between the two.”

Here’s what got my attention:

  • Only 24% of people around the globe believe leaders overall are providing effective leadership.
  • Last year astonishing 60% of people boycotted or bought less from a company due to poor leadership behavior.
  • For the second year in a row open, transparent communication is the No. 1 characteristic of an effective leader.
  • However, 29% point a gap between expectation and delivery on communicating in an open and transparent way and only 16% believe leaders are effective communicators.
  • In the rank of credible information sources on a company employees are at the top, CEOs are placed sixth.

These figures also reflect the findings of the 2013 Edelman Trust Barometer and so invigorate even more the global crisis of confidence and trust in leadership.

But how could people trust leaders when they stubbornly refuse to adopt new media? We, the younger generation, expect leaders to be active online on the platforms that we actually use. I am honestly telling you that I do NOT watch TV, NOR do I listen to the radio and I SUPER RARELY read print newspapers or magazines. And I am not the only one – just as I highlighted in my previous blog post. I support Stephen Waddington’s opinion that things could be very different if leaders embraced new media. That’s why the formula for effective leadership developed by Ketchum in accordance with the study findings includes Personal Presence which is based on platforms such as Twitter and Facebook:

Credible Leadership = Open Communication + Decisive Action + Personal Presence

The below infographic that Ketchum produced shows some further interesting findings:

(Click on the infographic for a larger view)

Ketchum Leadership Communication Monitor 2013 Findings

 

So leaders what are you going to do?

 

Infographic by Ketchum

Image courtesy of jscreationzs/freedigitalphotos.net

 

Topics: Social Media, Brands and Business, Leadership

Iliyana Stareva

Written by Iliyana Stareva

Iliyana Stareva is the author of Inbound PR - the book that is transforming the PR industry. She's also a keynote speaker and a consultant in inbound and digital for fast-growing companies and agencies. Currently, Iliyana is Program Manager in the Chief of Staff office for CX EMEAR at Cisco where she is the operational leader for all things Customer Success. In her previous roles at HubSpot, she led major cross-functional change for the global Partner Program with her detail-oriented approach to project management and advised hundreds of agencies on how to transform their businesses with inbound and digital. During that time, she earned the globally recognised Project Management Professional (PMP)® certification by the PMI. In her free time, you can find Iliyana writing for her blog, dancing salsa or travelling the world.

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