annual report v website consistency analysis
TRANSCRIPT
© Black Sun Plc 2014 www.blacksunplc.com
THE ART OF COMMUNICATING A CONSISTENT CORPORATE STORY
10 July 2014
© Black Sun Plc 2014 www.blacksunplc.com
AGENDA
1. WELCOME
2. PRESENTATION OF RESEARCH FINDINGS
3. PRACTICAL ADVICE ON ACHIEVING CONSISTENCY
4. EXPERT OPINION ON INVESTORS’ NEEDS
5. Q & A AND GROUP DISCUSSION
6. SUMMARY
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OUR RESEARCH ANALYSIS AND KEY FINDINGS
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THE IMPORTANCE OF CONSISTENCY
4
ANNUAL REPORT CORPORATE WEBSITE
YOUR ANNUAL REPORT AND CORPORATE WEBSITE ARE KEY COMMUNICAITONS CHANNELSIT IS ESSENTIAL THEY TELL YOUR CORPORATE STORY
COMPELLINGLY, COHERENTLY AND CONSISTENTLY
© Black Sun Plc 2014 www.blacksunplc.com
TYPICAL SITE STRUCTURE
Our strategy
Our story
Executive committee
The Board
Committees
Corporate governance
Risk management
Code of conduct
Whistleblowing
Current operations
Reserves & resources
Our investment story
Share price & tools
Results & reports
Regulatoryannouncements(ARM/BUMI/Archive in tabs)
E-comms
Shareholder meetings
Registrar details
FAQs
Our approach
Community
Safety
Environment
News
Image gallery
Video library
Employees & health
Case studies
Investor presentations
Financial calendar
Contacts & advisers
Shareholder information
Media pack
Fact sheet
Home
Search
Our Operations Investors Responsibility Media ContactsAbout Us
© Black Sun Plc 2014 www.blacksunplc.com
INFLUENCE OF ANNUAL REPORT
Home
Our strategy
Our story
Executive committee
The Board
Committees
Corporate governance
Risk management
Code of conduct
Whistleblowing
Current operations
Reserves & resources
Our investment story
Share price & tools
Results & reports
Regulatoryannouncements(ARM/BUMI/Archive in tabs)
E-comms
Shareholder meetings
Registrar details
FAQs
Our approach
Community
Safety
Environment
News
Image gallery
Video library
Employees & health
Case studies
Investor presentations
Financial calendar
Contacts & advisers
Search
Our Operations Investors Responsibility Media ContactsAbout Us
Shareholder information
Media pack
Fact sheet
© Black Sun Plc 2014 www.blacksunplc.com
ANNUAL REPORTS
SD REPORTS
WEBSITES
MOBILE
SOCIAL MEDIA
PRESENTATIONS
PUBLISHINGPLATFORM
DEFINE
WRITE
CREATE
YOURCORPORATE STORY
TECHNOLOGY IS NOW AN ENABLER
© Black Sun Plc 2014 www.blacksunplc.com
1. How much of the content of the strategic report appears in a corporate website?
2. When it does appear in both, how consistent is it?
QUESTIONS WE WANTED TO ANSWER
8
© Black Sun Plc 2014 www.blacksunplc.com
CONTENT WE ANALYSED
9
Corporate information
• Description of the market
• Business strategy
• Business model
• Products & services
• Geographical presence
Financial information
• Summary financial performance/KPI’s
• Financial performance over time
Corporate & social responsibility
• Priorities
Governance information
• Governance framework
• Remuneration policy
© Black Sun Plc 2014 www.blacksunplc.com
• Recognises print and digital are different channels
• Does NOT require content to be identical – except for the financials
• Structure, messages and core content to match
• Reader take-out should be the same
TEST FOR CONSISTENCY
10
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EXAMPLE OF CONSISTENCY
11
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EXAMPLE OF INCONSISTENCY
12
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SUMMARY OF OUR FINDINGS
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OVERALL
Content in Annual Report Content in AR and website Content consistent in AR and website
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
85%
58%
36%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Content in Annual Report Content in AR and website Content consistent in AR andwebsite
FTSE100
FTSE250
85%
58%
36%
84%
56%
39%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Content in Annual Report Content in AR and website Content consistent in AR andwebsite
FTSE100
FTSE250
© Black Sun Plc 2014 www.blacksunplc.com
CONTENT IN REPORT AND WEBSITE
15
Descr
iptio
n of
mar
ket
The
com
pany
's b
usin
ess st
rate
gy
Wha
t mak
es th
e bu
sine
ss u
niqu
e
Busin
ess m
odel
Prod
ucts
and
ser
vice
s
Geo
grap
hica
l rea
ch/p
rese
nce
Sum
mar
y fin
ancial
per
form
ance
/KPI
's
Fina
ncia
l per
form
ance
ove
r tim
e
Risk m
anag
emen
t
CSR key
are
as
Gov
erna
nce
fram
ewor
k
Remun
erat
ion
polic
y
Tota
l ave
rage
0%
20%
40%
60%
80%
100%
120%
38%
78%
69%
38%
97%
89%
51%53%
32%
100%
37%
9%
58%
0%
20%
40%
60%
80%
100%
120%
FTSE100
FTSE250
38%
78%
69%
38%
97%
89%
51%53%
32%
100%
37%
9%
58%
36%
83%
71%
25%
100%95%
30%
47%
16%
92%
76%
4%
56%
0%
20%
40%
60%
80%
100%
120%
FTSE100
FTSE250
© Black Sun Plc 2014 www.blacksunplc.com
0%
20%
40%
60%
80%
100%
120%FTSE100
FTSE250
55%
65%
57%
76%
69%
61%65%
75%
61%
43%
74%
67%64%
0%
20%
40%
60%
80%
100%
120%FTSE100
FTSE250
CONSISTENCY OF CONTENT
16
55%
65%
57%
76%
69%
61%65%
75%
61%
43%
74%
67%64%
20%
79%
90%
80% 80% 79%
86%
78%
50%45%
56%
100%
70%
0%
20%
40%
60%
80%
100%
120%FTSE100
FTSE250
© Black Sun Plc 2014 www.blacksunplc.com
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
FTSE100
FTSE250
21%
51%
39%
29%
67%
54%
33%
40%
20%
43%
27%
6%
36%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
FTSE100
FTSE250
CONTENT AND CONSISTENCY
17
21%
51%
39%
29%
67%
54%
33%
40%
20%
43%
27%
6%
36%
7%
65% 64%
20%
80%
75%
26%
37%
8%
42% 43%
4%
39%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
FTSE100
FTSE250
© Black Sun Plc 2014 www.blacksunplc.com
CONTENT AND CONSISTENCY
18
0% 20% 40% 60% 80% 100% 120%30%
35%
40%
45%
50%
55%
60%
65%
70%
75%
80%
Content presence in the website
Consis
tency o
f conte
nt
CSR
Strategy
UniquenessRisk
Governance
Geography
Products
KPI’s
Market
Fin. Perf.
Bus. model
Rem
© Black Sun Plc 2014 www.blacksunplc.com
BY SECTOR
19
0%
10%
20%
30%
40%
50%
60%
70%
BuildingMaterials
Consumergoods
Consumerservices
Financialservices
Healthcare Industrials Oil & Gas Technology Telecoms Utilities
Content in report & website
Consistent content62%
52%
45% 45%
35%
50%
63%
33%
42%
47%
0%
10%
20%
30%
40%
50%
60%
70%
BuildingMaterials
Consumergoods
Consumerservices
Financialservices
Healthcare Industrials Oil & Gas Technology Telecoms Utilities
Content in report & website
Consistent content62%
52%
45% 45%
35%
50%
63%
33%
42%
47%46%
49%
29%31%
20%
35%
60%
25%
15%
25%
0%
10%
20%
30%
40%
50%
60%
70%
BuildingMaterials
Consumergoods
Consumerservices
Financialservices
Healthcare Industrials Oil & Gas Technology Telecoms Utilities
Content in report & website
Consistent content
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STAR PERFORMERS
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THANK YOU