{"id":101384,"date":"2023-05-01T16:37:00","date_gmt":"2023-05-01T20:37:00","guid":{"rendered":"https:\/\/www.shortform.com\/blog\/?p=101384"},"modified":"2023-05-08T14:07:13","modified_gmt":"2023-05-08T18:07:13","slug":"corporate-story","status":"publish","type":"post","link":"https:\/\/www.shortform.com\/blog\/corporate-story\/","title":{"rendered":"Why Your Company Needs a Corporate Story &#038; How to Craft One"},"content":{"rendered":"\n<p>Do you talk about your company&#8217;s timeline, only to have people tune out? How well do people know the journey that your organization is on?<\/p>\n\n\n\n<p>In his book <em>Unleash the <a href=\"https:\/\/www.shortform.com\/blog\/the-power-of-storytelling\/\">Power of Storytelling<\/a><\/em>, Rob Biesenbach contends that you can make any message much more compelling by simply telling a story. He shares his practical template for a narrative that explains your company&#8217;s history, mission, and values in an engaging way.<\/p>\n\n\n\n<p>Read on to learn the importance of a corporate story and how to create one for your organization.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-your-corporate-story\">Your Corporate Story<\/h2>\n\n\n\n<p>When you need to talk about your company and the work you do, <strong>a great story plays a crucial role in holding your audience\u2019s interest<\/strong>. Biesenbach explains that businesses, nonprofits, and other organizations need an \u201corigin story\u201d that presents their history and purpose and humanizes the people behind the scenes. A corporate story is more compelling and memorable than a dry corporate timeline, which typically just lists dates and milestones without a narrative arc to connect them.&nbsp;<\/p>\n\n\n\n<p>(Shortform note: Not everyone thinks that a company\u2019s origin story is the important one to tell. Writer John Hagel III thinks that <a href=\"https:\/\/hbr.org\/2021\/05\/every-company-needs-a-narrative\" target=\"_blank\" rel=\"noreferrer noopener\">a story is too self-contained<\/a> because it has an ending. He suggests that in a corporate context, narratives should be about the customer, not the company, and advocates for <a href=\"https:\/\/www.shortform.com\/blog\/how-to-create-a-narrative\/\">creating a narrative<\/a> where the resolution is dependent on the listener\u2019s actions\u2014which can create a compelling call to action.)<\/p>\n\n\n\n<p>When you\u2019re telling a corporate story, you need to <strong>tailor the story to what the company can do for the audience<\/strong>. Like any good story, this <a href=\"https:\/\/www.shortform.com\/blog\/different-types-of-stories\/\">kind of story<\/a> needs a relatable character and a clear theme. Biesenbach notes you should pick just one <a href=\"https:\/\/www.shortform.com\/blog\/unique-value-understanding-michael-porter\/\">value proposition<\/a> to focus on rather than trying to address everything the company does. Many company origin stories follow a familiar pattern, which you can adapt:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The founder encounters a problem.&nbsp;<\/li><li>They make a discovery or invent a solution.<\/li><li>They turn their idea into a product or service.&nbsp;<\/li><li>They grow their business.&nbsp;<\/li><li>The business continues to operate on its original values.<\/li><\/ul>\n\n\n\n<p>(Shortform note: A company origin story can communicate a message to audiences inside and outside your organization. <a href=\"https:\/\/lioncrest.com\/books\/just-go-with-it\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Just Go With It<\/em><\/a> author Mandy Gilbert explains that a company origin story can help a business <a href=\"https:\/\/www.inc.com\/mandy-gilbert\/how-to-use-your-companys-origin-story-to-attract-right-talent.html\" target=\"_blank\" rel=\"noreferrer noopener\">attract both customers and talent<\/a>. She recommends a few steps for crafting an origin story in a process that\u2019s less focused on the chronology of the company than Biesenbach\u2019s model. She advises that you start the story with the \u201caha\u201d moment that kickstarted the company rather than the problem the founder encountered, be transparent about the mistakes you made along the way, and share your excitement with your audience.)<\/p>\n\n\n\n<p>Company origin stories that follow Biesenbach\u2019s template are everywhere, including behind some of your favorite products. For instance, here\u2019s the story of Fender Guitars: In the 1940s, a radio repairman named Leo Fender saw that musicians needed an electric guitar that was <a href=\"https:\/\/www.sweetwater.com\/insync\/what-makes-the-tele-so-great\/\" target=\"_blank\" rel=\"noreferrer noopener\">more durable, more affordable, and easier to amplify<\/a> than the archtop guitars they were playing at the time. In 1951, he introduced a solid-body guitar he called the Telecaster, which had a bright sound that made the guitar into a lead instrument. Inventions like the Precision Bass, Stratocaster, Jaguar, Jazzmaster, and Twin Reverb amplifiers followed. Each one was a new tool that changed how people make music, a mission that Fender still pursues today.<\/p>\n\n\n\n<p>(Shortform note: A company origin story isn\u2019t the only story that can help customers see value in your brand. In <a href=\"https:\/\/www.shortform.com\/app\/book\/building-a-storybrand\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Building a StoryBrand<\/em><\/a>, Donald Miller outlines a <a href=\"https:\/\/www.shortform.com\/app\/book\/building-a-storybrand#the-seven-parts-of-the-marketing-outline\" target=\"_blank\" rel=\"noreferrer noopener\">seven-part formula<\/a> for a marketing story, which casts a customer as the main character and tells a story about a product. The customer wants something and encounters a problem. The brand steps in with a plan to help and tells the customer how they can solve the problem. The negative outcome of not taking action becomes clear, and the positive outcome of following the plan is the happy ending.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do you talk about your company&#8217;s timeline, only to have people tune out? How well do people know the journey that your organization is on? In his book Unleash the Power of Storytelling, Rob Biesenbach contends that you can make any message much more compelling by simply telling a story. He shares his practical template for a narrative that explains your company&#8217;s history, mission, and values in an engaging way. Read on to learn the importance of a corporate story and how to create one for your organization.<\/p>\n","protected":false},"author":9,"featured_media":27013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45,34,14],"tags":[1007],"class_list":["post-101384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-communication","category-management","tag-unleash-the-power-of-storytelling","","tg-column-two"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Your Company Needs a Corporate Story &amp; How to Craft One - Shortform Books<\/title>\n<meta name=\"description\" content=\"Rob Biesenbach shares a corporate story template for you to share your company&#039;s history, mission, and values in an engaging way. 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