Volvo Ocean Race: Overview, Marketing, History
Volvo Ocean Race: Overview, Marketing, History
Volvo Ocean Race: Overview, Marketing, History
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
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