Table of Contents 6 2012 OVATION Awards Winning Entries
6. 2012 OVATION Awards Winning Entries - IABC/Toronto
6. 2012 OVATION Awards Winning Entries - IABC/Toronto
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persuaded to consider and ultimately sell MLSE because it was <strong>of</strong>fered what it believed to be a fair<br />
return on investment for Ontario’s teachers. The goal was to position this as the sale <strong>of</strong> a company that<br />
happened to own sports franchises, rather than the other way around. Teachers’ communications<br />
approach emphasized getting the right information to the right business journalists.<br />
3. Goals and Objectives<br />
There were two overarching goals for this communications program: to increase awareness <strong>of</strong> Teachers<br />
as a savvy and honest investor and partner; and to protect the reputation <strong>of</strong> Teachers’.<br />
Goal 1: Increase awareness <strong>of</strong> Teachers as a savvy and honest investor and partner<br />
The sale <strong>of</strong> MLSE was a significant milestone for Teachers’. MLSE was one <strong>of</strong> the pension plan’s biggest<br />
holdings (close to one per cent <strong>of</strong> total pension fund), and far and away its most public one. As a large<br />
asset manager, it was paramount for the future successful operation <strong>of</strong> the pension fund that Teachers’<br />
be perceived as the type <strong>of</strong> investor that other companies want to partner and do business with.<br />
The objectives <strong>of</strong> this goal were to:<br />
<br />
<br />
<br />
Generate over 50 million MRP impressions in the week following the press conference.<br />
Ensure the story was seen as more than just a sports story, securing at least 25 million MRP<br />
impressions outside <strong>of</strong> the business section in the week following the press conference.<br />
Ensure at least 30 members <strong>of</strong> the media attend the press conference.<br />
Goal 2: Protect the reputation <strong>of</strong> Teachers’<br />
The second goal for this communications program was to proactively protect Teachers’ reputation. This<br />
was a tall order given that the pension plan had been derided for years as an indifferent and selfinterested<br />
owner <strong>of</strong> Toronto’s sports franchises. Additionally, it was important that the 295,000 active<br />
and retired teachers support the sale, and perceive the pension plan as an organization that will make<br />
decisions, even unpopular ones, to secure the retirement income <strong>of</strong> its members.<br />
The objectives <strong>of</strong> this goal were to:<br />
<br />
<br />
Ensure that less than 10 per cent <strong>of</strong> the coverage had a negative tone (as judged by FP<br />
Infomart).<br />
Maintain control over and play prominent roles in the sale press conference.<br />
4. Solution Overview:<br />
The communications strategy to support Teachers’ sale <strong>of</strong> MLSE was multifaceted and aimed to reach its<br />
target audiences. Tactics included:<br />
Media relations throughout the campaign<br />
Monitored media coverage during the course <strong>of</strong> the campaign and used key learnings to<br />
determine future strategies.<br />
Prepared contingency media strategies to counteract potential leaks and intervention from<br />
other parties.<br />
Developed key messages to position Teachers’ as an honest negotiator and a savvy investor.