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Why Have a Purpose Beyond Profit?

Developing a purpose beyond profit business strategy has been gaining momentum in the business world, with both positive and negative attention.

For decades, enterprises have had “mission statements”, “vision statements”, and  “values”. Check almost any corporate website and you’ll find these “drivers” of the business buried deep down and many clicks away from the surface.

Despite having taken on these important steps to say what their business is all about, there’s often a big difference between what they intend, and the effect they have. The fact is, these tools of business have rarely gained much traction outside of the C-suite.

Defining Purpose

A “purpose” is a more powerful and effective tool because it engages in a way that matters to a wide range of people across an organization. It is not dry, administrative, and full of corporate jargon. It doesn’t set a goal that feels irrelevant outside the C-suite. Rather it is an idea that touches upon a quest for meaning and purpose that is universal in appeal, while at the same time relevant to the business.

People connect to a purpose. Within the purpose they see room for themselves to do something meaningful with their work lives. They feel closer to, more aligned with, and willing to help the business.

A good purpose can radically alter the customer experience as well, as the brand gradually starts to live up to its purpose and make life better in meaningful ways. As such, products evolve to embody greater meaning, the changing attitudes and character of the staff leads to more meaningful service, and every experience with the brand more clearly separates what it does from its competitors.

Think of purpose as a “North Star” for your organization, not as a marketing message. Let it help shape, guide, and align the attitudes, beliefs, and behavior of your people. Let the energy that new spirit generates create a beacon that attracts new customers, job recruits, partners, and others to your brand.

Why look beyond profit?

The most powerful purpose statements look beyond profit. This means they talk only of the good the brand seeks to create without stating the obvious goal of every business: profit. It is within the context of profit making that goodness makes a difference. People always remember the profit orientation of a meaningful brand, but it is the meaning the brand conveys that leads people to appreciate and prefer that brand.

While it may seem counterintuitive to not include the profit motive—after all what will shareholders think?—the benefits are clear. Having a purpose is not about forgetting about profits, it’s about changing how you think about the positive outcomes that happen when you make profits.

How does one define a purpose beyond profit?

Strong purpose statements flow from the emotional impact that is generated by the prime meaningful outcomes the brand produces through its products, policies, procedures, and behaviors. The ideal purpose operates on a level that makes it possible for even the most disparate people to see the relevance of the brand to their lives.

The outcomes to which the purpose points are the positive impacts that are made by the brand across the personal, social, or environmental realms. Positive impacts are those that add to the individual or collective well-being.

Everyone affected by the brand should feel that the purpose is personally relevant and emotionally important, that it embodies an ideal they share, and that they want to be part of fulfilling that promise, whatever their role.

As such, the language of a good purpose is anything but corporate-speak. Jargon gives way to simple, honest, and memorable words and phrases. The voice is positive, uplifting, and purposeful.

A brand purpose is not a tagline

A purpose is not written to fit the style of a slogan or tagline; it contains all the thoughts it needs to engage and inspire people. A new brand purpose may well inspire a new tagline (as well an overall communication style) for your firm. Though we caution you to be realistic about how much a tagline can achieve with respect to creating a meaningful difference. Remember, real change won’t come from what you say in advertising and marketing, but from the emotions your brand evokes in every interaction.

Download and read our Purpose Beyond Profit white paper.

Emotive Brand is a brand strategy firm.

 

The Meaningful Workplace: Employee Engagement for the 21st Century

The meaningful workplace is an idea which seeks to address many of the pain points businesses are feeling as they try to get their enterprises fit for the future.

This white paper will set out the advantages of building a purposeful, values-driven workplace with a meaningful culture that better balances the needs of both the employer and the employee. 

It will explore how businesses can reach out to their employees on a new and more engaging human level that reduces the static inherent in typical company/employee interactions. 

It will argue that when senior management seeks more meaningful outcomes from their employee engagement activities, they not only achieve their traditional objectives, but also something of great and enduring value: a new, higher-order and meaningful alliance with their employees.

This paper will suggest that the traditional notions of “purpose”, “values” and “culture” need to be rethought in light of the changing attitudes, expectations and aspirations of both current and prospective employees. It presents the alternative ideas of “ambition”, “feelings” and “behavior”, which are better aligned to the needs of the modern, meaning-seeking employee.

It will detail what composes the ideal master plan for a meaningful workplace and how that master plan can be used to fuel a range of plans designed to engender meaning at the corporate, workplace and individual levels. 

Finally, this paper will point out the need to rethink how to engage employees who are seeking meaning and urges businesses to think beyond mere “internal messaging” programs.

While this series challenges a number of established employee engagement “principles and practices”, it demonstrates how the “meaningful workplace” concept addresses the same business objectives of improved morale and increased productivity and engagement – albeit from a more compelling human perspective. 

Here’s what you can look forward to in the Meaningful Workplace

  1. Context: the workplace in crisis
  2. Understanding what makes something “meaningful”
  3. Toward the meaningful workplace
  4. Employees respond positively to a meaningful workplace
  5. Why people are looking for meaningful workplaces
  6. Why workplaces aren’t meaningful now
  7. Making your workplace more meaningful
  8. “Ambition” is the new “purpose”
  9. “Feelings” are the “values”
  10. “Behavior” are the new “culture”
  11. Making it happen
  12. Going beyond “messages”
  13. A process of self-discovery and self-identification

If you or someone you know is challenged by a workforce in which employees aren’t engaged, productivity is down and morale is low, download this paper. It is a must read for any business today.

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

Emotive Branding: Becoming a Global Movement? A Fellow Agency Share Its Thoughts

Kindred Agencies Building More Meaningful Brands

At Emotive Brand, we work to build meaningful brands that can change the trajectory of a business. Purpose and feelings sit at the heart of what makes our approach different.

The awesome thing about sharing our unique methodology of emotive branding with the world is discovering like-minded people and agencies. Throughout our 8+ years, we’ve connected with agencies from across the world. From Amsterdam to South Africa, there are others who believe what we believe about brands – emotive brands drive business.

Recently, a kindred-spirit agency of ours, the Brand Station from South Africa, made their way into our own studio. We have been digitally connected with Brand Station for years, but hadn’t yet met them in person. If there was only one thing we gathered from meeting in person, it’s that the world (yes, the whole world) is ready for emotive branding. If there was ever a time for purpose and meaning, it’s now.

Read our interview with the Brand Station to find out why.

So what brings you to Oakland? It’s not a short trip here from where you call home.

We love Cape Town. It’s home. But we needed to step out of our own playground and gather some new inspiration. Hit refresh a bit. We’ve been traveling all over – across the ocean, across the states, down the coast. We hit LA next. But for right now, we’re just soaking in this Bay Area magic. And we couldn’t be happier to finally be in the Emotive Brand studio – it’s taken too long. We are thrilled. Traveling and meeting new people really fuels our creativity and passion. We are going to go back home feeling inspired and refreshed.

How did you get connected to Emotive Brand? Why did you stay connected?

In 2012, our agency friends in Amsterdam told us we had to get connected. That our three agencies were all doing similar things in different parts of the world. We all cared about building meaningful, purpose-led brands. So we had a Skype session and we started an Emotive Transformers group online. We became knowledge partners. We became friends.

Knowledge partners? Like you would exchange ideas, learnings, and challenges with each other?

Exactly. Exchanging ideas would strengthen our thought process. Thinking about emotive branding became a kind of school of thought. And together, by discussing our challenges and wins, we could strengthen our methodologies and processes and ultimately innovate together. Whenever we did talk, I would think, this should be done more frequently. We could ask questions like “all of us follow a pretty linear process – but maybe there is another way?” Things like that that unlock new possibilities.

What are some of the relevant challenges your agency is facing lately?

Our ultimate challenge – what faces most agencies today – is what do our clients really need? How can we be more client-centered? How can we fulfill our clients’ immediate needs? In fact, lately, we’ve thought about devolving into five different companies that all have the same core – meaning and purpose. One company could be a campaign studio, another a design studio…Basically it’s a solution for creating clarity and making it easier for people to approach us and understand that we can actually solve their problems. A lot of the time in branding, you are offering the same thing – brand strategy – but you have to put a different name on it so people get it.

Another challenge we’ve been thinking about lately is that a brand strategy that’s left in a deck or a brand book has little to no meaning. Activating the strategy – that’s what matters. We’ve been focusing on activation lately. How does the brand live that strategy? How do people live the brand every day?

At Emotive Brand, we have our own way of defining emotive branding. How would you define it? What does it mean to you and your clients?

To us, emotive branding is a framework. It’s an authentic way of thinking and looking at things. We actually never put emotion into something. We just help infuse the emotion that’s already there – maybe it’s hidden – into the brand so that people can get behind its purpose. We assess brands, redefining and rediscovering what they can offer to the world and in what ways. Our favorite brands to work with are purpose-driven already. Our job is to make sure that purpose comes to life in everything that they do and say.

What are some major shifts you’ve seen in branding since you founded the Brand Station?

Branding used to be super design driven. Most branding agencies were founded by people who came from design agencies – like Emotive Brand. Strategy was kind of in the slip stream for us. Now, we’re strategy-driven and strategy-focused. Our first clients were brave to do the insights and research parts of our process. Now, that’s always where we start. We’ve also moved design in-house which wasn’t always the case. This helps integrate the two and make sure that all our design is directly tied to strategy.

We’ve talked a lot about things that Emotive Brand and the Brand Station have in common. What’s different? I assume branding in South Africa means something slightly different?

Can you think of a South African brand you know of the top of your head? Probably not. That’s our problem – we don’t have any national brands that we can all be proud to call South African. Because of our history, brands have to have a deeper meaning in South Africa. People are always changing and often fickle. That’s part of the reason why we set out on this journey – we wanted to help create the South African brand. The Nike of South Africa. For us, it’s all about building brands that we feel our country can proudly rally behind. That vision fuels us forward. Most of our favorite clients are brands that want to start some kind of movement. But a lot are too humble to start it on their own.

As business and life partners you must think highly of collaboration?

We both believe strong collaboration can propel a business forward. And yes – a good partnership always inspires. Just like Bella and Tracy, we both have our strengths and our interests. And we complement each other. We are always there for one another – in life and in business. Plus, we always take time to have a little fun.

Do you think more people are getting on board with purpose and meaning?

Yes, definitely. Now, every agency is claiming that they are purpose-led. This is exciting because, like Emotive Brand, we were at the forefront of this moment. But it’s also a challenge. In the end, I think agencies who are focused on authenticity and meaning are going to come out on top. People are demanding more authenticity and more meaning for a reason. With all the empty marketing out there, being purpose-led has to ring true at every touchpoint. And I know Emotive Brand feels the same way.

Emotive Brand is a San Francisco brand strategy and design agency.

Brand Purpose Drives Trust

Brand Purpose Drives Trust

How does brand purpose play into building trust? As customers become more connected, more involved, and more engaged than ever before, it becomes more and more difficult for brands to earn their trust. And this trust is key to successful business today. High-trust companies “are more than 2 ½ times more likely to be high performing revenue organizations” than lower-trust companies.

One of the strongest drivers of trust today is purpose. People want the brands they buy from and the businesses they support to work in line with their values, goals, and greater aspirations for the world as a large. A good product is no longer enough. It’s about what the product stands for – what the greater brand represents. That’s why brands that commit to authentic, transparent CSR, meaningful innovation, and lead with purpose are outcompeting their competitors.

Here’s what we believe makes a brand purposeful and trustworthy to consumers:

  1. Responsive customer needs and feedback
  2. High-quality products and services
  3. Treats employees well
  4. Places customers above profits
  5. Takes actions to address an issue or crisis quickly
  6. Practices ethical business
  7. Embraces transparency
  8. Communicates frequently and honestly
  9. Works to protect/improve environment
  10. Addresses society’s needs
  11. Positively impacts their local community
  12. Innovates of new products
  13. Respected and highly regarded top leadership
  14. Delivers consistent financial returns
  15. Ranks on a global list 1
  16. Partners with third parties

Asking Yourself About Your Brand Purpose

The problem is that sometimes business’s own brand behavior doesn’t match up with what makes a brand purposeful and trustworthy to the people that matter its business.

Addressing these questions can help align consumer’s priorities with you own – making your brand and business more purpose-led, more directed, and more strategic moving forward.

So take the time to ask yourself and your business:

  • How are the attitudes and behaviors within your organization pushing your brand up the meaning ladder through purposeful actions?
  • What’s driving the people who develop your products? What shapes the way your organization sources materials, manages, and recruits employees?
  • How do you positively impact the community, society, and the environment?
  • What guides the decision making processes of your top leaders and managers. How do leaders choose to connect with people inside and outside of the organization?
  • How do your customer service people converse with your customers? What tone do they strike?

Driving Meaningful Business Forward

Asking these questions can help you examine how your business is currently addressing these top concerns – guiding how you reframe the attitudes and behaviors within your organization and better address those areas where your brand purpose may be weak. Purpose points your brand in a new direction, inviting everyone to re-evaluate what they do, and how they do it. It adds more meaning to your business and creates the energy to transform the business in ways that matter most to people.

Emotive Brand is a San Francisco brand strategy and design agency.

Startup Brands Should Follow This Strategy to Authentically Differentiate

Startup brands stop leading with features and benefits!

If only more startup brands understood the value of brand strategy and how it could lead them away from leading with features and benefits vs. why the brand matters.

Convincing minds by capturing hearts: the new brand-building approach.

What comes first? The rational decision to take the next step on the path to purchase, or the emotional trigger that gets them started on that path? Aren’t we humans cool? We pride ourselves on our cognitive skills, our ability to weigh pros and cons, and our decision-making power. After all, these factors separate us from other life forms.

We also prefer to emphasize our thoughts because we are able to talk about them, explain them, and defend them. Continue reading “Startup Brands Should Follow This Strategy to Authentically Differentiate”