In today’s health care landscape, companies undergoing rapid transformation face a common challenge: how to communicate effectively at each critical juncture, from onboarding new leaders to disrupting a category. Milestone moments – whether a funding round, regulatory approval, commercial launch, or reputational threat – bring high visibility, high stakes, and high complexity.
These are moments when communications need to go beyond fractional strategy. They require integration with business, policy, and commercial planning to ensure a throughline that reinforces your company’s value in a crowded and competitive space. Yet too often, communications are outpaced by or focused too narrowly on short-term execution, without laying the groundwork for a sustained value proposition.
For companies in execution mode, communications strategy becomes indispensable: connecting the dots between data and science, health policy, and commercialization; anticipating how audiences will respond; and articulating a clear, compelling story that resonates, and, ultimately, accrues value to your business and stakeholders.
Communications that Grow Corporate Value
Positioning through transformational moments is a public test of your company’s credibility, leadership, and strategic direction. And the expectations from investors, media, policymakers, patients, and partners are only getting higher.
When managing change to your corporate model, companies need to anticipate not only what to communicate, but how the communication will land and how stakeholder reaction can shape the next phase of your business. Often, this means standing up new capabilities to respond to breaking developments while simultaneously managing complex dynamics across political, regulatory, and legal environments. This is especially true for growth-stage health care companies, where communications teams are often lean or embedded within other functions.
Value Creation Across the Milestone Lifecycle
Communications shouldn’t just “turn on” during events that generate stakeholder interest. The most effective communications and issues management strategies are grounded in foresight – bringing consistency and clarity to a series of moments that are often anything but predictable. Here’s a checklist to help companies plan and execute across the milestone lifecycle:
- Before the Milestone
- Define your narrative early: Tie your news and core message to the broader value your company delivers to patients, the system, and society.
- Align leadership: Ensure your senior team, policy leads, commercial brands, and legal experts are aligned on messaging, tone, roles, and risk appetite.
- Scenario plan: Anticipate reactions from investors, media, competitors, policymakers, and patient advocates – and develop tailored responses to be ready to execute across functions.
- Build communications cascades: Who needs to know what, when? Map internal and external stakeholders, such as those in patient, policy, or payer circles.
- Prep spokespeople: Equip internal and external voices to speak authentically with appropriate messaging.
- During the Moment
- Synchronize internal and external communications: Your employees are your first audience and can be strong advocates across public affairs efforts.
- Engage investors with tailored updates: Highlight how the milestone supports your long-term strategy, aligns with the market, and advances your value proposition.
- Coordinate with medical and advocacy leads: Drive accountability and empower provider and patient champions to serve as a trusted source of accurate information for the communities they serve.
- Monitor and respond in real time: Track media coverage, social response, and stakeholder sentiment – and course correct as needed.
- Demonstrate thought leadership across channels: Don’t just publish a release. Leverage targeted media engagement and digital or sponsored strategies to reinforce your corporate value.
- After the Milestone
- Follow through on stakeholder engagement: Continue dialogue with key audiences to deepen understanding and shape future direction.
- Leverage research and insights to inform the next stage: Conduct message testing, media analysis, social media audits, or stakeholder pulse checks to refine your strategy and identify emerging opportunities or risks.
- Elevate executive visibility: Identify strategic platforms, from industry events to internal thought leadership, to expand your enterprise value story.
- Reconnect communications to business planning: Ensure future strategy is aligned with product roadmaps, policy priorities, and growth objectives.
Amplifying an Enterprise-wide Value Story
Major milestones are accelerators – not endpoints – and can be used to build momentum, reinforce positioning, and shift perception. Strategic communications in these moments can be an engine for enterprise value, aligning internal execution with external expectations and helping companies earn trust and shape how they’re understood by markets, the media, and the health care system at large.
Learn about Reservoir’s on-demand corporate communications.