March 19, 2018
Someone to Know: Q&A with Bloomberg Global Head of Employee and Innovation Communications Ethan McCarty
Next up in my series of wonderfully intelligent leaders I think you should know is someone who has made his mark in the Marketing Communications space in many ways, including developing IBM’s groundbreaking blogging guidelines. Today, he leads a team of internal, multimedia and external communicators who activate, inspire and inform his organization’s 18,000+ employees. I hope you enjoy this next Q&A!
Q&A with Ethan McCarty,
Global Head of Employee and Innovation Communications
Q: As the Global Head of Employee and Innovation Communications at Bloomberg, how do you talk about the value of internal communications today?
A: There are many ways that effectively communicating with and through your employees can create a ton of value for your organization. These days I've had many conversations within Bloomberg and with leaders at other companies about how there's a power shift underway that organizations need to account for and address. Namely, the historical asymmetry of power that existed between employees and employers is changing pretty radically – particularly among highly skilled workers. What I mean is that for a long time, if you wanted to do anything really big and impactful, you had to rely on an employer's funding, infrastructure, networks, access to markets, publicity and training. All of those things existed in their most concentrated forms within corporations because they were so expensive. But this is no longer the case with the advent of (for lack of a better word) 'digital' which has allowed the same set of motivated and ambitious people who would have otherwise spent their energy climbing the corporate ladder to raise money through crowdfunding, spin up their own infrastructure on AWS etc., aggregate and manage their own networks on LinkedIn, market and promote their products on any number of virtual and social marketplaces and, of course, self-train through systems like Lynda, Khan Academy, Code Academy, etc., etc., etc.
So that's like a reeeeaaalllly long way of saying a traditional publication-style modality of communication is probably not going to cut it any more and we need to rethink everything – even the sacrosanct (like the power of linear storytelling, the intranet/executives as authoritative sources, the necessity of prescriptive company values and so on.)
Q: What’s the biggest communication opportunity you see at Bloomberg?
A: Well, we are a founder-led company with an amazing founder. Mike really has a very special power to clarify things for everyone here and the story of our company's inception 35 years ago still has a ton of impact on us (even those of us who were in elementary school at the time!) Just yesterday he addressed an event – Goldman Sachs' 10k Small Businesses – and a story he told ended up in the press. We will run the video on our employee-facing platforms and I won't be surprised if it is the most-watched content for the month. So, the opportunity for us is to see how much of that founder magic we can bottle up and sprinkle strategically.
Q: What's a wish you have about internal communications today?
A: I don't mean to argue with the question, but fundamentally, I wish we could stop calling what we do "internal communications." I don't think internality and externality are particularly helpful concepts in modern communications practice since digital makes every real and metaphorical firewall more permeable than ever. If I absolutely had to reduce a human population to a technical term, I think I'd say employees are more usefully thought of as a thinking, feeling, curious network of autonomous radiators and sensors of information. I mean, the idea of employees being internal is kind of a cross between wishful thinking and anachronistic ignorance. After all, we not only pay some of our most important employees to speak with our customers (like, the entire sales team!), but employees of every firm have access to the same or better publishing tools as do the professional communicators.
Q: What tried and true strategies do you count on to help leaders understand the value of communications?
A: The main strategy I employ is beginning every project with this question to stakeholders: "What behaviors among employees would indicate that we are making progress towards the business outcome you are trying to drive?" If we can isolate the behaviors that indicate business impact (or that are proximal to business impact) we can work back from there. Oh, and this approach should give us some really good measurable outcomes to look for too.
Q: Who in business do you most admire today and why?
A: Would I sound like a total sycophant if I said Mike Bloomberg? I mean, he is one of the most successful tech start-up founders in history, an enormously generous philanthropist to causes I care about and a great boss. Does that sound too kissy-uppy? Well, even if it does, I'll take the heat. :-)
Q: What about your role brings you the most joy?
A: I absolutely adore working with creative, motivated people – and that is all I do. Over the past few years, Bloomberg has allowed me to invest in bringing together a stellar team of writers, editors, public relations experts, video producers and designers. The fact that I get to make cool stuff with them every day is truly joyful.
----To read more executive Q&As in our Someone to Know Series, click here.
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Tag(s): Leadership Communication
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