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Mistakes to Avoid When Activating Strategy

Activating strategy is an integral part of moving your brand and business forward. Your brand strategy is a road map for success that positions your business for the future. It’s the set of tools meant to bring your brand to life and move your business forward.

Activating strategy means you need a strong go-to-market plan in the hands of a motivated, aligned marketing team to steer how the brand looks, behaves, and speaks – inside and outside your business walls.

Strategy is Set. So, What’s next?

 The value of a strong strategy can’t be fully realized until the strategy comes into real life execution. And often times, strategy never fully moves forward. There are lots of reasons for failed execution. And without a plan for really implementing your strategy and bringing your brand to life, any strategy (no matter how good) loses its value.

So when developing a brand strategy, one should always be simultaneously asking “What’s next?” This purposeful mentality helps ensure that the brand strategy is carried through, and all the strategic hard work pays off for your brand and your business.

How Activating Strategy Can Go Wrong

So ensure all the work, time, and resources you dedicated to creating a powerful strategy for your brand pay offs for your business in the end. We’ve identified some common mistakes to avoid when activating strategy:

1. Inviting too many stakeholders to the table:

Activating strategy with swift, efficient, and peak-impact is hard when there are too many stakeholders involved. Making things happen shouldn’t be that challenging. Often, large organizations struggle because too many people are involved, and too many levels of approval are needed to move the strategy forward. It’s important that leadership gets aligned from the start about who the key decision makers are and how the chain of command will be structured to ensure a smooth roll-out. This is often a question of pinpointing who’s in charge. Getting approval to move something forward shouldn’t be a matter of jumping through loops.

2. Poor communication between key stakeholders:

Even with a narrowed down group of key stakeholders, when everyone is on a different page about what’s happening and when, activating strategy is difficult. If stakeholders span across departments (as they often do), make sure there is constant communication between individuals. Work as a team and schedule meetings, create calendars, and document progress so that everyone can get aligned.

3. Forgetting to delegate:

Any leader knows that it’s hard to give up power. But part of being a successful leader is being able to delegate, giving work to the right people at the right time. Let people help you meet your goals and objectives, and make them shared goals and objectives. Trust that your people can help bring the strategy to life, bringing them along on the journey. In fact, taking it all on is not realistic or conducive to how the strategy should be brought to life. Delegating from the start helps get everyone within your organization on board with the strategy. This means a better lived brand promise and a better understanding about where your brand is headed, for everyone within your organization. This means people are more engaged, fired-up, and involved in the future.

4. A timeline that isn’t working:

It’s easy to get ahead of yourself. You’ve created an exciting strategy and everyone is ready for it to come to life. But creating an unrealistic timeline for execution isn’t going to help you. So make sure you’re realistic about how long goals and objectives are going to take. Do your research, add time in for mistakes, and accommodate for blips in the road. Set realistic expectations that keep everyone in line. Furthermore, ensure that your timeline is actually followed. Hold people accountable for deadlines and stay true to your allocation of time. Following a timeline will help move the project forward at the right speed for strategic execution success.

5. Always shifting strategic priorities:

Strategic execution is not a time to be going back and forth or flip flopping from decision to decision. Stick to the strategy you’ve created and stay true to your plans. Often times constantly shifting priorities are due to previously mentioned problems like lack of communication between stakeholders, or putting too many people at the table. If priorities do shift, take the time to explain the shift to everyone involved. It’s important that the process is fully understood by everyone working towards the project’s success. A brand strategy is a time of change, make sure this change is clear, directed, and not diluted by unnecessary shifts in plans.

6. Lack of budget:

This is one of the most common mistakes we see during strategic executions. Often times, people don’t realize that investing in brand strategy is only step one. It’s easy to underestimate and overlook the resources needed to actually execute the strategy you’ve worked so hard to create. That’s why planning from the start of the strategic project is key. As a result, when you invest in a strategy, make sure you consider what resources you’ll have available to execute.

And be realistic: change comes with a price-tag. A new visual identity that refreshes your brand and moves it into the future needs a brand logo, photography, all branded material, and a new website. Creating a knock-out visual identity is great, but until it actually lives in the real world it’s not worth anything. Make sure you have the resources allocated for every aspect of the strategy to pay off. So you don’t have to change everything overnight, but you do need to consider what your business can afford to change before you embark on a new strategy.

We know that the best and most meaningful strategy in the world can only make a positive impact on your business if it’s implemented thoughtfully and effectively. Managing and executing change is no easy task. In the end, a go-to-market plan is essential to bring the strategy to life. Avoid these common mistakes when activating strategy and help transform your strategy into a successful, living reality for your brand.

Emotive Brand is a San Francisco brand strategy agency.

Readying Your Marketing Budget

For most companies, Q4 is a time of strategic planning and where every CMO and VP of Marketing prepares for marketing budget planning for the upcoming year.

Questions You Want to be Asking

It’s important for businesses to start the new year with a strategic framework that sets them up for success. Look beyond your marketing department for alignment within the rest of your organization to help refine and define your marketing objectives for planning purposes.

  • What are the strategic initiatives for your business?
  • What are your top marketing priorities from these strategic initiatives?
  • What mix of strategic and tactical projects will you need to focus on next year?
  • What resources (time, money, people) do you need to accomplish those projects?

Q4 is a great time to evaluate your brand strategy in light of where your business, product(s), recruitment needs, and sales strategy is heading. So make sure you are supporting each of these as strategically as possible within your brand strategy and marketing team.

  • Are you happy with your brand and its reputation in the market?
  • Does it make sense to reevaluate your brand positioning based on any past or upcoming business or product shifts?
  • Is your messaging as tight as it needs to be?
  • Are you in high-growth mode? Is recruitment a top priority for 2017?
  • Are there any strategic creative projects you are looking to complete next year? A website update? A new visual identity?
  • Are you engaging in any merger or acquisition plays in the coming year that need to be considered?

These are great questions to take the time to evaluate when preparing your marketing budget for next year.

So when’s the right time to begin asking these questions?

Now! Be proactive. Do your research. Be strategic. Talk to your team to get their input. Is your marketing and sales teams aligned around priorities?  What’s your agency planning for 2017? How about your PR firm? Be diligent and bring all your external resources into the conversation to help both craft and validate your strategic and tactical needs against the realities of determining a budget.

Ask your agency what they think is important and where they see opportunities. These meetings can shift your perspective and open your eyes to what is possible. And it’s always good to have a third party perspective, especially those strategic partners that truly and deeply understand your business.

As you well know, it’s not an easy task to articulate and validate a budget to the CFO. You’re going to have to go to bat and prepare to negotiate. And if business has been anything less than outstanding in 2016, that’s only going to add to the challenge.

So prepare to show a strong ROI. Articulate how this work can help drive growth. Outline the business case of what you are looking to do mapped against the strategic priorities of the business. Understand how you help support sales and drive top-line revenue. Discuss how to strengthen brand awareness and deepen brand engagement. Be able to articulate the value you are delivering to all parts of the organization from HR to sales enablement to product development.

What can marketers be prioritizing in Q4?

Q4 is often a time when businesses find they have surplus budget. This means quickly determining the most strategic way to spend this money before the year is over. When time is of the essence, it’s important to make sure you are spending your budget in the smartest way – with the largest strategic impact. So if you find yourself with surplus, it’s important to take a pulse of what’s working well today and what’s not.

View this as the perfect opportunity to use your surplus marketing budget for the good of the entire business, aligning everyone around what is most important for the business and brand, while ensuring you are starting off running on day one of Q1.

A quick win for your leadership team in Q4

Getting your leadership team together in Q4 for a facilitated, focused look backward at your business and brand. This is a smart way to take a strategic look forward and determine how to best position the business for success in 2017.

Working together to address the biggest business and brand issues, and getting to the bottom of those problems quickly is a good way to wrap up the year. It is also a great opportunity to create fast and executable solutions that are ready for Q1 across the board.

This is exactly why we created Fast Forward – a quick and agile strategy delivery that happens all within 30 days. It’s for businesses that need to move quickly and make an impact immediately. It’s a way to getting things going and really addressing those pertinent issues that are stalling your business.

If you have the resources to invest in Q4, this is one of the most strategic ways to get aligned around your business, brand, and the priorities 2017 that will benefit the entire company.

Marketing Budget: Final Thoughts

Nobody enjoys budget season. And nobody ever is happy with where their budgets land. Our best advice is to get outside of your comfort zone and outside of your department to ensure you are tightly aligned to the business. Drive strategic conversations that ensure your marketing budget for 2017 is directly aligned to topline initiatives for the business. Enabling the leadership team to come together will help each department benefit from your projects. And you’ll be better able to drive value inside and outside of your business. By taking this step, you may find your marketing budget increases, and the strategic value you deliver as well.

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