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Category: Growth

Adopt a Growth Mindset to Drive Business

Posted on by Tracy Lloyd

Growth vs. Fixed Mindset

We believe an organization that adopts a growth mindset can position itself to thrive. But what exactly defines a growth mindset?

At Emotive Brand, we define a growth mindset as a set of attitudes and behaviors that reflect the belief that an individual’s talent is not set in stone. Talent can be developed. Intelligence can be fostered. Creativity and innovation can be strengthened. Leaders can emerge. People hold potential.

This means every employee within an organization has to have the ability to develop, grow, and learn. And organizations who believe this seek out individuals who show a capacity for such growth. And we believe that the companies who work to help each of these individuals progress, advance in their roles, take on more leadership capabilities, and constantly evolve their skills and thinking will thrive as a whole.

Growth Mindset Is Key

Strong leadership, continual learning, and innovation are key to thriving business today. And not just amongst the C-suite or those in designated leadership roles. Leadership and learning must be fostered throughout an organization in order for that organization to really progress. Although this often starts at the top, it must ring true throughout an entire business.

A fixed mindset – unlike a growth mindset – does not encourage any of these ideals. Nor does it allow employees to grow and new leaders to emerge. And less risk-taking, less freedom, less collaboration, and less acceptance of failure – all behavioral symptoms of a fixed mindset – can be detrimental to business.

Adopt a Growth Mindset to Drive Business By:

1. Seeking out learners

Often times, in business, as expertise increases, individuals struggle more and more to see new solutions or ideas.  Learning stalls and this leads businesses to get stuck in their thinking.

In order to adopt a growth mindset that can fuel your organization forward, you must focus on people’s capacity and not their pedigree. As such, recruitment should value people who show a real commitment to learning. These people will help build a learning culture, develop independently, collaborate successfully, and be able to adapt to whatever challenges arise.

Individuals that value learning, and show a capacity and passion for continual knowledge have a natural growth mindset that can move any business towards success.

2. Allowing employees to step out of their daily work

Creating a growth mindset means enabling each individual’s work to be more than just their job. Developing new skills – even if they shift outside of someone’s current daily work – is always valuable.

We believe that understanding and learning other roles than your own can help promote empathy, collaboration, and encourage new ways of approaching things. And setting aside time to build skills such as collaboration and leadership is key to making your people more productive and inspired at work.  

3. Building a culture that is willing to take risks and accept failure

An inevitable part of growth is failure. And adopting a growth mindset means accepting the chance that, in the end, you might fail. But innovation, creativity, and fueling a business forward wouldn’t be possible if people weren’t willing to take risks.

And often, this starts at the top. Leaders should set an example but also allow all employees to take on leadership roles – giving individuals the independence and freedom to try things, fail, and learn from their mistakes.

Taking on challenges is key. And organizations who view their people as capable of taking on challenges – even if it means failing – position themselves for success.

4. Driving commitment, determination, and innovation

Employees at growth mindset companies feel more committed to their work because they feel they have the potential to grow, learn, and thrive within it. They also feel more motivated to do their best because they know that their personal development and hard work is valued.

In fact, research has shown that employees at growth mindset organizations pursue more innovative projects. They also behave more transparently, cut fewer corners, and work more collaboratively. And these authentically motivated people will drive innovation and fuel business. Goals and Objectives

Any business that wants to position itself to meet goals and objectives, set new ones, continually move forward, and advance needs to adopt a growth mindset to succeed.

It’s all about developing, advancing, expanding, and seeing the opportunity and potential in every moment, individual, failure, and success. A growth mindset will move your business forward and position your business, its brand, and its people for growth, profit, and success in the future.

Emotive Brand is a brand strategy and design agency in Oakland, California.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

Sales: The Critical Element of a Growth Company’s Brand

Posted on by Sara Gaviser Leslie

Sales and Brand: A Connection Worthy of Discussion

Sales teams exist to grow revenue and keep customers happy. They’re also brand builders and the face of the brand to many customers.

They hear what customers want and keep a pulse on the market. When it’s easy for sales to share their observations with product development and marketing, their feedback spurs product improvements, brand definition, and growth. The first step in this process, though, is for sales to provide a clear explanation of the problem their product solves.

Recently we caught up with Pier Barattolo, a sales leader with decades of experience in technology companies, to learn how he makes sure the market understands what he’s selling and why they need it. 

Interview with Pier Barattolo, CRO at Density.io

First, can you tell us a bit about your previous roles and your current gig?

My first quota carrying job was in 1996. My current job, Chief Revenue Officer at Density, is my third CRO position. Our sales team is small, handpicked, and focused on building the foundation for high growth and scale. As CRO, I am responsible for partnerships and business development and although I do not directly own marketing, I have a strong voice and influence on all marketing related activities.

When you join a company, you tend to be a founding member of the sales team. Tell us where you start.

Yes, I’m usually one of the first—if not the first—sales person at a company. I work very closely with the founder / CEO to establish product-market fit and put in the processes to scale the business. I start by thinking about the critical messages we need to develop and then what will get prospects to talk to us and, eventually, purchase. I ask myself, “Who should care about us?”

It’s about keeping things really simple. At a previous company, I didn’t take the time to really define our reason for being and this left the sales team to do their own thing and had to figure it out on their own. It did not work out very well for us. Now, I always work to identify and focus on the problem we solve and put it in simple terms so that everyone can articulate and explain it.

Messaging is, obviously, easier when the problem is familiar to people. But it isn’t always. Have you ever worked at a company that was in a new product category?

Category placement is really important. You have to be really clear which category you’re in so others can place you. It’s hard to sell something to a company that doesn’t have any budget allocated to that product/solution. I’ve found that when a category is particularly new, education is really important. This is often a big issue for platform companies.

So how do you create a platform brand?

You can’t depend on the enterprise to understand the power of the platform. It’s the selling company’s job is to educate the enterprise on the platform’s potential, the specific applications and how it solves a specific problem for a specific executive / buyer.  Unless widely adopted, companies do not go out and look for platforms.

At my current company, Density, our technology allows enterprises to measure occupancy by counting people passing through a doorway. We position ourselves as an analytics platform, driven by occupancy data. On its own, that doesn’t mean much to most people! We need to define the platform and also give examples of the things the platform can do and the problems it solves.

So how do you do that? How do develop a value proposition for each customer?

You need to get clear on what you do, how you do it, and begin to develop the proof points as quickly as possible. At Density, we have a device we install above a door that measures people going in and out of a space. The problem we solve really depends on the customer. When we talked to our initial customers, we looked for underlying trends and recurring problems. We identified initial applications that were common and valuable to our target audience and focused on those “use cases”: security tailgating, office space wastage, facilities management, and conference room and cafeteria planning.  We give executives the necessary data to enable them to make better decisions.

Let’s talk more about brand. You’re in a very early stage. Do you focus at this point on the brand?

Brand recognition and brand awareness help potential buyers understand who you are as a company. You’ve got to invest when you can. When I join a company, I first focus on the problem we are solving and then how we solve it in a way that is differentiated and valuable to customers.  That might not be the flashy brand stuff people see but it makes a big impact on the sales cycle. The better you define the problem and the solution, the easier it is to sell and the stronger your brand becomes.

Speaking of sales, what’s your approach to scaling the sales team?

I tend to make sure that I have a strong foundation that can withstand high scale—but at the right time. It doesn’t make sense to scale before you have a clear and repeatable product-market fit and go-to-market strategy. Although our technology is applicable to every Fortune 1000 company we’re targeting companies that align best with the use cases we are focusing on today.  Once we see a repeatable process, we will add reps and allow them to apply the recipe many times across many accounts.

How can the sales team impact brand building?

First, arm them with what they need. Content is king. We make sure sales has the content – data sheets, pitch decks, case studies – they need right away. The content doesn’t have to be perfect but they need something. We iterate on and refine this content over time.

Speaking of iterating, our reps are key to our ongoing learning process. They are out there hearing about how customers see our brand, how they use our solutions, and how we can make it better. You have to use every customer interaction to learn. Then you bring that feedback back inside and adjust. And then you go out again.

Any closing thoughts?

I’d just say that when you start to think about how your brand matters to people, it’s overwhelming.  I really try to stay focused. If we can do everything, it’s hard to do anything. Take it step by step and get straight on fundamentals first.

Pier makes it sound easy. But finding product-market fit and defining your value isn’t always simple. If you’re struggling to articulate the problem you solve or develop the use cases that communicate your value proposition, we want to hear from you. Emotive Brand understands the connection between positioning and messaging and sales. Let’s talk about how we can help you make your product more relevant to your customers and drive revenue.

Emotive Brand is a B2B brand strategy and design agency.

Brand Is the Best Foundation for Growth

Posted on by Chris Ames

Emotive Brand Experts #6: Kelly Morgan

Continuing our Emotive Brand Experts series, we’re interviewing past and present Emotive Brand clients to discover what they do better than anybody else — and how that expertise can be used to embolden your brand today.

Kelly Morgan is Head of Marketing at Lyra, a startup that’s transforming behavioral healthcare. We’ve been working with Kelly to rebrand Lyra, and they just launched their new brand last week. In addition, they’ve secured their next series of funding! Kelly spoke with us to discuss key learnings from the rebranding process.

What was the catalyst for the rebrand?

When I joined the company, I was overseeing designers, communication teams, and marketing assets. It became very challenging to do all that without real brand guidelines. Of course, we had some things, but not the mature and robust set of design tools you need when you go to market. We were inventing everything from scratch. We had a core that we loved, but the look itself wasn’t that modern and it didn’t reflect what Lyra is all about.

When you think about what we’re trying to do, we’re bringing technology to a space that is somewhat tech-averse and not that sophisticated in terms of modern convenience and simplicity. We felt as though our look didn’t accurately reflect that we’re a high-tech and a visual company. As I dug in further with other stakeholders and the management team, it became clear that there was a real appetitive for this. Not just a new visual identity, but for equipping our team with the right tools – messaging, positioning, a unified elevator pitch, and a cohesive way to describe what we do as a business.

What were some early successes in the process?

I found myself a great executive sponsor. We developed a solid business case not only for “Why?” but for “Why now?” We’re a relatively young company, and before we start investing, it’s great to have a solid foundation to build on. These things are easier when you’re smaller. It’s not as disruptive or confusing to the market. The overall timing was a big part of making that case. Having an executive sponsor can help garner alignment internally when people are having a hard time seeing the bigger picture. Change is hard. It’s difficult to imagine how it’s all going to come together when you’re only seeing pieces at a time. It’s challenging to understand the impact of those decisions when you’re so comfortable with something you already have.

What would you describe as the biggest challenge of a rebrand?

I think it comes down to educating your team on what brand really is. You hear those hallway conversations of, “Oh, new logo, new colors,” but it’s so much more than that. This is something that’s going to align with your business strategy and make it easier for you to sell, to communicate, to stand out – brand is everything. That misunderstanding can manifest itself in different ways throughout the course of the project.  It could mean that someone is not investing enough time in reviewing something until it’s already live on a website. A rebrand involves soft skills — feelings, emotions, perceptions. Everyone has a different function in the organization and so it’s sometimes hard for people to see why the brand will matter to their piece of the business. A rebrand also has a fair amount of feelings and emotions, something that not everyone easily connects to in how they approach work. It took me a while to understand how important it was to get everyone aligned, but more so, how much time I needed to dedicate to education, understanding different perspectives, and gaining consensus. It could mean someone not investing enough time in reviewing something until it’s already live on a website.

A personal challenge for us was that we don’t have a team of in-house designers or Creative Directors. Representing Lyra in the rebrand discussions, I found my own limitations and wished that we had someone who had a visual design background. That’s where the value of bringing in an outside agency comes in. Contractors and freelancers can get you pretty far, but an agency has the talent and insight you’re missing. Plus, they can see the life of the brand over time and evolve and implement everything seamlessly.

To make things even more interesting, you are also in the process of changing offices during this rebrand. How is that going?

It’s true! We’re moving in June and building out a new workspace tailored to our employees. I think it will make a great impression and help employees feel even more tied to our mission and our values. To carry the brand to the employee experience, we will have vinyl decals of our mission statement, powerful testimonials from people whom we’ve helped, and wall art that showcases our creative marketing campaigns, monitors displaying business analytics and KPIs.

You only just launched your new look last week, but have you noticed any behavior change as a result?

It is early, but next week is the HLTH Future of Healthcare conference in Las Vegas, which will be the first real test of our brand. Needless to say, we’re super excited. Our new brand makes us look more polished and mature, but still has that fun, vibrant startup feeling. It brings us much more confidence in delivering our elevator pitch, as well as unifying the marketing and sales teams together around the same story.

What key advice would you give to other companies about to embark on a rebrand?

Well, the first real challenge is, “How do you evaluate an agency?” The best advice I got was that I needed to directly meet the people I would be working with. That sounds obvious, but many agencies have a great portfolio – impressive customer list and endless examples of nice looking things – but often that’s the sales team or some top-level Creative Director. You need to understand the difference between who is selling you and who you are going to be working with. You must meet the project managers, the copywriters, the people who are going to bring this thing to life for you.

The second challenge is rallying your own internal team, and that’s the part that often goes to the wayside. In that whole project planning phase, you need to carve out time to get internal feedback, but also to keep enthusiasm up throughout the entire process. We had an internal kickoff with a catered lunch, which served as a great opportunity to explain what brand really means to the company. I wanted everyone to understand what it was, why it mattered, and how they are a part of it.

This isn’t just a logo. When you’re at a cocktail party, when you send an email out, it’s all an expression of the brand. This isn’t just a marketing thing, this is about behavior. Of course, the first question anyone will ask will be about swag, but those little delighters are important, too! It takes a lot of effort and energy to do a rebrand, and the success of the whole thing can come down to enthusiasm. There is bound to be friction and bumps along the way. If management sees that their employees are excited, they will hold up their end of the bargain.

What’s next?

Having completed the brand project, the exciting thing now is how poised we are to refocus on our growth strategy. We’re in such a good position to move forward. Not only did we launch a new brand, but we launched it on a new website, on a new platform, with all sorts of robust marketing tools built in. We’re ready for whatever comes next.

Emotive Brand is a brand strategy and design agency based in Oakland.

Category Creators: Creating a New Brand Category to Drive Growth

Posted on by Tracy Lloyd

Category As A Frame Of Reference

A brand’s frame of reference is the foundation of its positioning. It will determine the points of parity the brand has to meet in order to be considered a legitimate player, and highlight opportunities to differentiate. As such, your brand needs to fit into the framework of a brand category that people understand and relate to in order to really ‘get’ your brand. As UC Berkeley Professor George Lakoff explains, a frame of reference is absolutely essential, get it wrong and your difference may be ignored: “Framing provides a mental structure that shapes the way we see the world. If a strongly held frame doesn’t fit the facts, the facts will be ignored.”

It’s human nature to want to fit things into a category. The more innovative and disruptive your offering is, the more it needs a frame that people can relate to. If your brand can’t easily be defined, people often push it to the margins and leave it there. This is because its complexity is easier to ignore than to figure out.

People hold on tightly to their established understandings of what a category is and what it offers. Choosing the right category is about defining, or framing, what people are buying in such a way that your value shines through. The goal is to identify the best category that will help your customers “get” your value and make it relevant to them, while putting your competitors at a disadvantage.

When Your Brand Category Isn’t Serving Your Brand

If you are looking to grow your business, make sure the brand category you align with is still the right one for the brand. For some brands, the category they originally aligned with stops serving their needs. If you meet any of the following criteria, it might be time to break out of your current category and become a new breed of category creators developing new markets with innovative technology and products.

  • You are altering your strategic direction and your business model is shifting.
  • Your product or offering is misunderstood by prospects and partners.
  • You have created a significant innovation or proprietary advantage.
  • Competition is stifling your ability to grow.
  • Your current category prevents your key differences from standing out as ‘must haves.’
  • Your category is in crisis or has fallen out of favor.
  • You are ready to extend your brand beyond current customer segments.

It’s Time to Create a New Brand Category

Creating a new brand category might be the best way to position your brand for success. But, creating a new category is incredibly hard. For most companies, it’s hard enough to explain what your product does and how it’s different from your competitors. And the task of explaining and defending a new product category can be too much for many companies to take on.

However, the rewards of creating a new category are great. High0companies that created their own category accounted for 74% of incremental market capitalization growth from 2009 to 2011. Category creators experience much faster growth and receive much higher valuations from investors than companies bringing only incremental innovations to market.

Category creators must be fearless and confident in their ability to lead the category, build momentum quickly, and maintain a reputation as the category leader over time.  Before creating a new category, consider whether your business has the resources and time available. Don’t just define a new category for your brand, but brand the category itself. In the end, creating a new category can be transformational for your brand and business if you do it well. Look for the best practices for defining a new category and what mistakes to avoid in our upcoming post.

Category Creators

This is the 1st in a series. Check to How to Create a New Brand Category, Naming a New Brand Category, and Launching a New Brand Category by downloading our White Paper on Brand Category Creation.

Emotive Brand is a San Francisco brand strategy firm working with high-growth technology companies.