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Volvo Ocean Race: Overview, Marketing, History

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60 CASE STUDIES<br />

Assa Abloy built two boats in the UK. The boats were launched in May 2001,<br />

named at Tower Bridge in London and then moved to Göteborg, Sweden for<br />

testing and training.<br />

INTERNAL EXPLOITATION<br />

PRE-RACE EDUCATION<br />

Anchoring and creating a sense of belonging. Prior to the start of the race, the<br />

company wanted to create ‘a buzz’ around the sponsorship and felt that to<br />

ensure its success, they needed to work at getting buy-in from the various<br />

companies and their employees around the world. This activity started in<br />

September 2000, one year ahead of the race.<br />

A THREE-FOUR YEAR INTEGRATION EXERCISE WAS ACHIEVED IN<br />

NINE MONTHS<br />

Anna Bernsten says that some people doubt the statistic. “If you doubt it, let's<br />

put it another way”, she says. “Imagine you need to conduct an exercise that<br />

will pull together 25,000 employees in 100 companies present in 40 countries<br />

around the world. That process will need nine major senior management<br />

meetings, 10 two-day management seminars with 900 managers attending,<br />

eight international exhibitions, 60 global company communiqués, 20 press<br />

conferences, 80 press releases, and then 3,500 in-depth interviews of<br />

management meeting participants to assess effectiveness. How long do you<br />

think you would allow for this exercise? We did it in nine months.”<br />

INTERNAL COMMUNICATION<br />

To assist internal communication, Assa Abloy created 90 ‘champions’ to lead<br />

Assa Abloy Racing Team (AART) internally and increase information flow. A<br />

focal point was a well-established and exciting intranet site. The company ran<br />

competitions and incentive schemes.<br />

Throughout the race, they produced 13 issues of an AART news letter, 38 AART<br />

bulletins and nine issues of Assa Abloy News. Six stopover videos were created<br />

explaining branding, vision and values. An attractive team merchandise<br />

collection was produced and distributed.<br />

EXTERNAL EXPLOITATION<br />

BRANDING OF THE YACHT<br />

The company had decided that they would not support the sponsorship with

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