CEOs Need to be More Visible and Engaged
Have you noticed the absence of local CEOs on LinkedIn? I did a quick check of the top SA listed businesses and here's what I found:
Naspers, Bob van Dijk - unbranded profile, won't accept connections and NO activity
FirstRand, Johan Burger - absent
Std Bank, Sim Tshabalala - empty profile
Vodacom, Shameel Joosub - unbranded, 3 connections, NO activity
Sasol, Bongani Nqwababa - empty profile / Stephen Cornell - absent
MTN, Rob Shuter - nicely branded page, only 3742 connections, minimal original content
Old Mutual, Peter Moyo - still listed as Chairman of Vodacom
Sanlam, Ian Kirk – absent
Nedbank, Mike Brown – empty profile
Shoprite, Pieter Engelbrecht – absent
Discovery, Adrian Gore – empty profile
So, there’s one vague attempt by MTN and the rest do nothing!Let’s compare this to some of the top US companies:
Microsoft, Satya Nadella – beautifully branded page, Influencer status, 5m followers
Dell Technologies, Michael Dell - properly branded, Influencer status, 1,2m followers, regular content and great engagement rates
General Motors, Mary Barra – properly branded, Influencer status, 1,1m followers
JP Morgan, Jamie Dimon – unbranded page, Influencer status, 922k followers
Unilever, Paul Polman – properly branded, Influencer status, 905k followers, DAILY content
Verizon, Lowell McAdam - properly branded, Influencer status, 308k followers
UPS, David Abney – unbranded page, Influencer, 254k followers and daily content
GE, John Flannery – ditto, 85k followers
Procter & Gamble, David Taylor – ditto, 25k followers
Walmart, Doug McMillan – ditto, 16,5k followers
The obviously missing ones are Apple (Tim Cook), Amazon (Jeff Bezos), Alphabet (Larry Page), Facebook (Mark Zuckerberg - you didn’t really expect him to be on LI!) and Berkshire Hathaway (Warren Buffet) – but let’s face it, they don’t need it!A recent poll of global executives clearly shows the importance of CEO Reputation:
“The benefits of cultivating a highly regarded CEO reputation, in addition to enhancing market value, are plenty. Executives report significant benefits that accrue from positive CEO reputation including attracting investors (87%), positive media attention (83%), and crisis protection (83%). Strong CEO reputation also attracts (77%) and retains (70%) employees.”
Hand in hand with this is the finding that: “For a company to be highly regarded, its CEO needs to be visibly engaged with its many audiences. A full eight in 10 executives (81%) report that it is important for CEOs to have a visible public profile for a company to be highly regarded. This was not always the case. Years ago, CEOs and those around them confused CEO visibility with CEO celebrity. Today, it is not about CEO celebrity, but CEO credibility. Today, CEO visibility means having a greater presence, but this time, with greater purpose.”You know what they say about first mover advantage… get with the programme corporate SA!!!