Converting intangible value into a stakeholder discussion
Aaron Kong, Certified Chair ?, PMC. RMC
Guildmaster | Advisory Board Chair | Fractional Communication Leader | Empowering Communicators to Lead with Impact and Provide the organisations they serve with a competitive advantage
Engaging stakeholders effectively is one of the most frustrating challenges communicators face.?
While discussions around tangible metrics such as revenue, market share, or engagement rates are often straightforward, conversations about intangible value are far more complex. Yet, these discussions are critical for demonstrating the long-term impact of communication programmes.?
For communicators, the ability to articulate intangible value is essential to building credibility and securing buy-in from stakeholders.?
Whether it is about strengthening reputation, fostering trust, or shaping public sentiment, intangible value often serves as the foundation for achieving broader organisational objectives.?
The Perception Problem: Why Stakeholders Avoid Discussing Intangibles
Intangible value refers to outcomes that are qualitative in nature, such as enhanced trust, improved reputation, or increased brand equity.?
These are the kinds of results that rarely show up in financial reports but are nonetheless vital to the organisation’s long-term health.?
Internal stakeholders often shy away from discussing these outcomes with communication teams for a variety of reasons. One common issue is the lack of a clear framework for defining and measuring intangible value, making these discussions feel abstract and unproductive.?
Another barrier is the tendency to prioritise short-term, easily measurable outcomes over longer-term benefits. In fast-paced organisational environments, stakeholders may view intangible value as secondary to immediate deliverables, failing to recognise its importance in achieving sustainable success.?
Proactive Stakeholders Drive Strategic Alignment
Proactive engagement from stakeholders can transform the way communication objectives and outcomes are defined.?
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Instead of focusing solely on activities or tactics, proactive stakeholders bring a strategic perspective, aligning communication efforts with broader organisational goals.?
This approach fosters collaboration, ensuring that communication teams are not just executing tasks but contributing to meaningful outcomes. Stakeholders who actively participate in setting objectives are more likely to understand and appreciate the intangible value that communication brings to the table.?
Moreover, proactive engagement creates a sense of shared ownership. When stakeholders are involved in shaping outcomes, they are more invested in the success of communication programmes, making it easier to secure support and resources.?
Start the Conversation: Building a Case for Intangible Value
The first step in engaging stakeholders is to frame the discussion in terms that resonate with their priorities. Begin by identifying a specific organisational challenge or objective that intangible value contributes to resolving.?
For example, if the organisation is looking to improve customer loyalty, position the discussion around how trust, reputation, and consistent messaging support this goal. This creates a tangible connection between intangible outcomes and the organisation’s success.?
Once the connection is clear, use data and case studies to illustrate the role of intangible value in past successes. This approach helps stakeholders see the relevance of these outcomes and builds a foundation for more in-depth discussions.?
Why Intangibles Are Hard to Grasp – and Why It Matters
Discussing intangible value can be challenging because it often involves abstract concepts that are difficult to visualise or quantify.?
Continue reading the article through this link between cognitive bias and concrete information, and tap on a simple framework to start the discussion with stakeholders around intangible value.?
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