Transocean cites safety record in doling out bonuses despite 11 deaths and totally screwing up the Gulf

Even the slogan is ironicNever, ever, let it be said that mere facts will come between an executive and his or her bonus. Transocean which – along with BP – is responsible for 11 deaths while creating the worst environmental disaster in US history, used its safety record as the reason for giving out exec bonuses.

According to the company’s financial proxy:

"Notwithstanding the tragic loss of life in the Gulf of Mexico, we achieved an exemplary statistical safety record." Based on the total rate of incidents and their severity, "we recorded the best year in safety performance in our company’s history."

Transocean’s PR person (now there’s a job for you) said, "The statements of fact in the proxy speak for themselves” before adding the requisite comments about feeling bad for all the little people.

It is worth noting that the company’s execs did NOT get their bonuses the year before because of safety issues. It really isn’t reasonable to expect them to go two years without bonuses. That could lead to the departure of all the great talent that got the company to where it is today.

Let us not think that Transocean is alone. Our good friends in the banking industry have been doing the exact same thing even while they were destroying the economy.

The past few years have been very rewarding for bank employees. OK, maybe not the government rescues, stagnant loan books, layoffs and litigation. But none of these disasters hurt pay at banks.

A review of call reports filed with the Federal Deposit Insurance Corp., compiled by BankRegData.com, shows that average compensation in the last few years rose — and at the same rate as it did before the crisis. Employees of the largest banks realized the largest gains. The increases significantly outstripped inflation and can’t be attributed solely to shifts in pay schemes or recovering profitability. Banking in general shielded pay from its cost-cutting ax.

Ah, personal accountability in action.

As American Banker points out: “Over the last eight years, average compensation for a full-time bank employee has risen 35% to $83,050, twice the rate of inflation. In 2003, the banking industry’s 1.3 million full-time employees took home $78.3 billion. In 2010, its 2.1 million employees took home $168.1 billion.”

How much of that do you think went to the tellers and branch managers?

Oh and don’t forget: It’s all those millionaire public-sector employees’ fault.

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The 10 Biggest Marketing Blunders of 2010

This year it was a race for 2nd place because the top honors were nailed down before the rest of contestants were even out of the starting gate.

1) BP & Tony Hayward

Under the astute guidance of now former-CEO Tony “I want my life back” Hayward, BP proved time and time again why it so wisely decided to can its positioning as the environmentally friendly oil company. Here’s just a few of Tony’s finer moments:

  1. Creates one of the quotes of the year by saying, “I want my life back.”
  2. In testimony before Congress he makes a point to remind us all that, “We care about the little people.”
  3. At the height of the spill he takes a weekend off to go watch yacht races at the Isle of Wright in England.
  4. In a slick video ad he takes pride in the fact that BP has “organized the largest environmental response in this country’s history.”
  5. His parting words on stepping down as CEO: “Safety, people and performance have been my watchwords. We’ve made significant progress.”

But Tony didn’t win this award all on his own. No he had help from literally thousands of BP execs like BP spokesman Randy Prescott: who said, “Louisiana isn’t the only place that has shrimp.” While space prevents from listing all the asinine things the company did, here are a few of the lowlights:

  1. Decided to pay out $10 billion in dividends to stockholders while failing to pay people hired to clean up its mess.
  2. Employed the engineer who wrote in an email about the decision not to install all the safety devices on the Deepwater Horizon, “Who cares, it’s done, end of story, will probably be fine.” The email was sent on April 16th – Four days before explosion that killed 11 people.
  3. “BP is going to [spin] off its Gulf of Mexico spill operation to a separate in-house business to be run by an American in a bid to isolate the “toxic” side of the company and dilute some of the anti-British feeling aimed at chief executive Tony Hayward, the company said today.” Because it’s all about protecting Tony, that’s why.
  4. Continuing to spend millions of dollars on ads promising to fix the damage its done and emphasizing how much effort it is putting into stopping the catastrophe it created.
  5. Put together an internal report on the disaster so vapid that the best defense BP’s safety honcho Mark Bly could offer was, “It wasn’t intended to be anything it isn’t.”
  6. Lying about the amount of oil being spilled in order to limit liability.
  7. Blocking the press access to the scene of the crime by banning flyovers and keeping reporters from beaches where the oil might be seen.

Of course these last two would not have been achievable without the aid and support of the US government. Reporters calling The Coast Guard about their inability to go look at the ocean were (and maybe still are) ROUTINELY referred to the BP press office. So BP gets to enforce the 1st Amendment. Ahh, the watch/lap dogs of government.

Dishonorable mention for its actions also go to: Rep. Joe Barton and The House Conservative Caucus for apologizing to BP. They called the President’s pallid pursuit of the company a “Chicago-Style Political Shakedown.”

2) Christine O’Donnell

In The Great Book Of Political Campaigns the first rule is “Never Have To Deny That You Are A Witch”. Coming up with the other best quote of the year (“I am not a witch.” Like you needed to be reminded) was but one in a cascade of highlights for Delaware’s GOP candidate for Senate. She also thought that an ad pointing out she had never been to Yale would be a good thing. Instead it merely highlighted the fact that she hadn’t actually graduated from college at all – despite her claims to the contrary. But, in the silver lining department, all the hoopla around her claims did get her to finally finish up the work on the degree she had begun working for 17 years earlier. Two weeks before election day she was awarded a BA in English from Fairleigh Dickson University. Despite having a degree in English it turned out that reading was not her strong suit shown when when she claimed that the separation of Church and State was not, in fact, a part of the constitution.

Not content to go quietly into the good night, O’Donnell returned to the public stage earlier this month, telling a gathering, “Tragedy comes in threes. Pearl Harbor, Elizabeth Edwards’s passing and Barack Obama’s announcement of extending the tax cuts, which is good, but also extending the unemployment benefits.” Tragedy may come in threes, but in this instance stupidity is singular.

3) TIE: Sharron Angle/Alex Sink/Libby Mitchell

  • Sharron Angle should have easily won the Nevada Senate seat. In a year when not being a Democrat was pretty much all you needed to win, she was running against Harry Reid – a man about as popular as Bernie Madoff. She managed to lose because of a campaign that rivaled Ms. O’Donnell’s for egregious stupidity. Of many great moments in her run for office my favorite was when she told the Rancho High School Hispanic Student Union, “You know, I don’t know that all of you are Latino. Some of you look a little more Asian to me. I don’t know that.” To make it clear just how hard it can be to tell who is Latino and who is Asian and who is white, Angle added, “I’ve been called the first Asian legislator in our Nevada State Assembly.”
  • Alex Sink, the Democratic nominee for governor of Florida, lost to Rick Scott — a man with no political experience who ran a company involved in the biggest medicare fraud case in American history.
  • Libby Mitchell, Democratic nominee for governor of Maine, came in third and lost to Republican Paul LePage – a creationist. While neither Sink nor Mitchell’s campaigns were as spectacular a flop as Angle’s, the results speak for themselves.

4) Summer’s Eve says, Want a raise? Wash your vagina.”

The literal and metaphorical douchebags at Fleet Labs ran a full page ad in Women’s Day that opened with the headline, “Confidence at Work: How to Ask for a Raise.” It then listed eight steps to getting more money out of the boss. Number 1? “Start with the usual routine and all things you do to feel your best, including showering with Summer’s Eve Feminine Wash or throwing a packet of Summer’s Eve Feminine Cleansing cloths into your bag for a quick freshness pick-me-up during the day.”

5) Montblanc regrets “honoring” Gandhi with $24K fountain pen

Either Montblanc’s execs have a brilliant sense of irony or they’re complete idiots. I’ll report, you decide. Whichever is the case, they have “unconditionally apologized” to an Indian court about it – at least until the court rules on whether the company can continue to sell the pen. The pen was marketed as a way of honoring 140th birthday of the brilliant spokesman for the poor.What, you may ask, justifies the $24,000 cost of this ink delivery system?

The gold and silver limited edition pen includes an engraving of Gandhi and comes with an eight-meter golden thread that can be wound around the pen, representing the spindle and cotton Gandhi used to weave simple cloth.

Montblanc made only 241 of the handmade pens, one for each mile Gandhi walked in his famous march against salt taxes in 1930. It should be noted that the company did think of the needs of the less affluent consumer when producing this pen. They are also offering ballpoint and rollerball versions for a mere $3000 per.

6) Drake University boasts about being a D+ school

clip_image001Let’s pretend you are an institution of higher learning. Let’s say the name of your institution starts with the letter D. Now you want something special for your marketing, something that talks about the special magic that occurs when a student comes to your university. So what do you call it? Anything BUT “D+.” Well, unless you’re Drake University. Much to the school’s surprise, some have taken the now-dead recruitment campaign amiss. Go figure. Maybe they needed a better slogan. How about, “Drake, the ultimate safety school.” I sure hope the faculty are smarter than the admissions office. The only thing dumber than the campaign is the school’s effort to explain it away.

In hindsight, introducing the concept and the testing that was conducted with the target audience may have minimized some of the concerns that have been expressed, and we are very sorry that many of you were caught by surprise as a result.

They used 42 words to say “Mistakes were made.”

“Our experience in the survey and in the field suggests that the kind of students whom we want to attract to Drake easily understand and appreciate the irony of the D+.”

Ahhh, irony the last excuse of the incompetent. Or, as Calvin Trillin once said, “I never did very well in math – I could never seem to persuade the teacher that I hadn’t meant my answers literally.”

7) Medal of Honor video game shoots itself in the foot

Simple marketing rule: Don’t include a feature in your product that directly contradicts the name of your product. Case in point: The Medal of Honor video game from EA games. In this first person shooter, players get to pretend they are soldiers. I assume it lets you pretend you are a US soldier since those are the only people who can actually win a Congressional Medal of Honor. The latest version of the game — coming out next month — includes a feature where you can play as a member of the Taliban … and thereby shoot US soldiers. Here’s the brand disconnect: Shooting US soldiers is definitely NOT going to let you get a Medal of Honor.

Surprisingly, many people and organizations were upset by this. A lot of those people are the families of soldiers who have been killed in the war. Who could have seen that coming? Also upset is the commander of the US Army and Air Force Exchange Service (that’s the group that runs the stores on military bases), who has decided that they won’t sell the game. That will hurt because, as Sgt. Big Brother CollateralDamage can attest, military folk LOVE games like this. It will also hurt because it will make Walmart and co. think twice about stocking the game. Congrats, guys, on a blunder that could have easily been avoided.

8) Sperm Logo Sneakers

I can’t top what Rebecca Cullers wrote over at AdFreak:

sperm sneakerDo you wake up in the morning wishing you could wear shoes with a picture of a sperm prominently displayed on them? Well, now, with Gravity Defyer sneakers, you can! The Web site refers to the sperm logo as the ‘Slick Seed of Life Logo,’ and says it’s there ‘because it’s cool!’ As you can see from the full-page advertisement … wearing these shoes is like pouring an energy drink on your feet. At least, I’m assuming the can (also covered in sperm pictures) that’s splashing liquid on the shoe is supposed to be an energy drink. In a press release, company officials explain how, despite a couple of retail partners who’ve pulled out due to the logo, they intend to keep it: “Our logo is deliberate. … There’s no shame, there’s pride,” they write. In my mind, there’s a big gap between not being embarrassed by sperm and wanting to have it all over my shoes.”

9) Video game lets players bomb illegal immigrants.

Spain’s conservative Popular Party launched the video game, Rescue, on its website as part of the party’s campaign for regional elections in Catalonia.

In the game, Alicia Sanchez-Camacho – the president of the PP branch in Catalonia – is depicted riding a white seagull called Pepe. She is dubbed Alicia Croft, in a reference to Lara Croft, the heroine of the popular video game Tomb Raider. Points are awarded to players when they direct the bird to bomb aircraft containing illegal immigrants or symbols of Catalan nationalism.

The game was taken down within hours and the party of course found someone else to blame for it. In this case, it was the developer who allegedly failed to follow directions. Instead of bombing the immigrants, the PP  claimed, the seagull should have targeted the organized crime groups that traffic them.

Hey, who hasn’t made that mistake?

10) Magazine industry spends millions preaching to the choir

On a list of industries with too much money the leader would clearly be banking followed probably by oil. What about magazine publishing? While it is certainly ahead of typewriters (repair & manufacture of), I don’t think it would crack the top 1000. Despite this, the industry has collectively decided it is time to waste some of this precious resource. Thus the just-announced multimillion-dollar ad campaign touting the “power of print.”

The campaign, funded by five leading publishers, seeks to convince people that “magazines remain an effective advertising medium in the age of the Internet because of the depth and lasting quality of print, compared with the ephemeral nature of much of the Web’s content.”

And how are they going to get this message across? “Nearly 1,400 pages of the ads will be sprinkled through magazines including People, Vogue and Ladies’ Home Journal this year.”

Let me get this right – you’re going to tell magazine readers that reading magazines is a good thing? Maybe it’s just me but I’m pretty sure they already know. Aren’t the people you want to reach the ones who aren’t trying to discern the difference between the ads and the articles in GQ?

SPECIAL BONUS: BEST UNINTENTIONAL MARKETING MISTAKE OF THE YEAR


Rhode Island outraged by use of Massachusetts to illustrate size of oil spill

Rhode Island, perhaps because it is the smallest state in the union, is the preferred media reference when describing the size of something. This works well for both the factual and the fantastical.

031105_RhodeIsland The following are just from news stories in the past week:

The ice sheets that peel off of Antarctica all seem mathematically related to the Ocean State. The most recent: An Ice Shelf the Size of Rhode Island Breaks Up in Just 24 Hours

For those of you keeping track at home, Rhode Island is either 1000 square miles in size (just measuring the land part) or 1,500 sq. mi. if you include Narragansett Bay as well. Now comes the horrific news that MASSACHUSETTS!!! of all places is being used as a measure.

They say the dead zone is roughly the size of Massachusetts, or at least 7,722 square miles. The largest ever measured was just over 8,000 square miles in 2001.

Rhode Island has always had a chip on its shoulder about Massachusetts. My home state was literally founded by Bay State castoffs (cast off because they were in favor of things like religious tolerance, I might add). So this trend has to be stopped in its tracks. NOW. So Mr. Reporter, lets try again. It is nearly EIGHT TIMES THE SIZE OF RHODE ISLAND!!! Now, isn’t that more impressive?

Best and most appropriate use of invective in an ad campaign ever.

While I generally don’t swear there are some situations where not to would be a lie. This video from UnFuckTheGulf is one of those. It speaks the truth – both emotional and factual – directly and appropriately. It isn’t easy to find the perfect word to use in a situation, and far too many people use this word pointlessly, but these folks nailed it. I really think this is the definition of the phrase “public service announcement.”

 

 

Oil Spill Charity "F-Bomb-A-Thon" from UnF–kTheGulf.com on Vimeo.

Oil spill is a crude and growing advertising trend

bullshitplug400x566 It’s an ill tide that … Spirit Airlines latched on to The BP Oil Spill as a way to divert attention from its own PR fiasco of charging for carry-on bags. So they launched a campaign with bikini-clad women in all glistening in sun screen with the tag of "Check Out The Oil On Our Beaches. While I’ve seen more risqué (and clever) things on the Benny Hill Show, someone somewhere objected to this. (And pardon me if I suspect Spirit of being behind this.)

Twitter users from all over the world have been tweeting about the advert while an indignant Facebook user has started the group ‘Tell Spirit Airlines their oil ads are offensive’.

Meanwhile, a chain of NYC gyms managed to come up with something slightly funnier. The NYSC is running ads which read, “Exercise sharpens the brain. Oil execs come in ASAP.” (For some reason CNN called the ad “tasteless.” A bazillion gallons of oil in the Gulf and you think this is tasteless?)

The marketing is seeping into new media with apps for both the Droid and iPhone that let you A) plug the spill or B) save a little yellow duck from turning brown. Elsewhere, everyone is trying to make political hay from the oil. In Minnesota, the Democratic opponent to Michelle Bachmann (R-Loon Lake) is flinging petrol-soaked mud because Bachmann also said the government was extorting money from BP to pay for the spill. In Maryland, Gov. Martin O’Malley claims his opponent is an oil company stooge because he once voted for tax breaks for the oil companies. Not to be outdone, the GOP has a video blasting President Obama for having the temerity to play golf during the oil spill. I really am not ready for a world in which the GOP disapproves of someone playing golf. That’s like the Democrats attacking brie. Have you no sense of decency, man?

What little quality advertising has been done about the oil spill has come at BP’s expense both thematically and fiscally. The beleaguered Gulf state tourism boards are desperate to get people to come visit. To that end, New Orleans launched a campaign with the tagline: “This isn’t the first time New Orleans has survived the British.” You know you’re desperate when your ads are built around a reference to the War of 1812. Next up, a Millard Fillmore quote. Probably the best thing about these ads is that BP is picking up the tab for them. Florida has already burned through the $25 million BP gave them for advertising and is now preparing to go back to the well for more.

But my personal favorite BP-related marketing effort comes from TerrorBull Games – the company which brought us War On Terror: The Boardgame. They are offering a free, downloadable game called Operation: Bullshit Plug (my but they do love colons over there).

This game is for two players. Each player takes a role – either ‘BP’ or ‘The Public’ and each player has two cards that represent two possible strategies. BP is trying to shore up its dwindling share price, while the public just want the leak plugged. Both players pick a strategy and play it face down, simultaneously. These are then revealed and the effects on the share price and the leak are worked out. This action is then repeated until the game ends. It’s very simple, takes just a few minutes to play, but is also quite devilish and deceiving.

Plus you get that cool/disgusting Ralph Steadman-esque picture.