Business Strategy Archives

The Evolving Role of the CMO: Chief Alignment Officer

Posted on April 19, 2024November 4, 2024 by Tracy Lloyd

No role in an organization has evolved more rapidly than the CMO’s. It used to be that owning branding, communications, and campaigns defined the job. Now, CMOs need to be experts on customers, marketing tools and advanced analytics,and business strategy. Brand management remains an essential duty, but in service of driving business growth. Most importantly, because a CMO’s work connects directly to sales, product development, IT, finance, and other parts of the organization, CMOs find themselves needing to play a growing role in aligning their organization around new ways of thinking and work that will help them engage customers more effectively.

For those in TL;DR mode, the quick takeaway is: CMOs are being stretched, so they might sometimes need a hug (but please ask first).

Here’s a by-no-means exhaustive look at some of the shifts that we’ve seen impacting how a CMO shows up:

From	To
Voice of the Brand	Voice of the Customer
Intuition & Instincts	Data & Technology
Brand Management	Brand Innovation
Strategy + Execution	Alignment

Voice of the Customer

The amount of information we have about customers is only increasing. How does a temperature between 70-75 degrees impact consumer behavior on Monday’s v Fridays? What is the correlation between a new Netflix series and GPU buying decisions? What invisible patterns in customers can data now make visible? More and more, it’s up to the CMO to develop the customer insights that shape how a business goes to market. And because so many groups touch the customers, from sales to product to finance to corporate strategy, the level of collaboration required to align on these insights requires a significant investment.

Data & Technology

The increase in customer data a business can capture also gives rise to new suites of tools and technologies that a CMO can use to mine for insights, optimize campaigns, and deliver experiences across channels. When almost every brand action can be quantified, decisions about how to go to market are becoming increasingly data-driven. As a result, the CMO is responsible for leading the digital transformation of the marketing organization which requires deep partnership with IT (among others) to develop the tooling and data models that align with the organization’s technology systems. While a CMO needs to rely on her or his instincts and intuition when it comes to decision making, increasingly they need to justify their strategies with that data that points to a certain direction. The more fluent a CMO becomes in technology, the easier it becomes to reconcile data-driven insights with gut instincts.

Brand Innovation

More than anyone in the organization, a CMO needs to connect the dots between a brand’s legacy and its future vision. As much as products need to innovate, brands must as well to remain relevant: messages need to resonate with how the world is changing, and their expression needs to drive differentiation. But in doing this, a brand must also feel familiar and to take advantage of the equity it’s built with audiences. As brand management becomes increasingly data-driven, brand innovation is also becoming more dependent on analyzing trends, creating new audience definitions and segmentations, and audiences, and delivering next-level experiences that are hyper personalized and hyper-relevant. And these insights provide fuel for both brand and product innovation. The CMO that can use data to drive innovation across the organization is one that will stick around.

Building Alignment

It’s not enough for a CMO to develop a winning marketing strategy and execute flawlessly. As organizations become increasingly customer-centric, a CMO needs to bring every function in the C-Suite into the conversation about how to drive growth. From gaining the full embrace of Chief Revenue Officer for their marketing strategies, to the creativity of the CTO as you make your strategies more data driven, to HR working to bring new talent to the table, to the head of Product working in partnership around how to claim new audience segments, and the CTO finding budget to drive the strategy forward, marketing has become increasingly a team sport.

It’s no wonder that CMO turnover is high, and those in their positions feel they’re continuously in the hot seat. While the complexity of marketing is growing and budgets are coming under increasing scrutiny, there’s never been a more exciting time to be leading a marketing organization. All the data organizations have been amassing and the tools ready to parse it can reveal truly amazing insights about customers and how to connect with them. But only if a CMO can enlist the organization in lending a hand in making this all happen. And this comes down to storytelling and building alignment.

We’ve worked with many organizations to craft what we call a Growth Manifesto—a narrative that shows how the thinking that goes into brand development can open up new possibilities across an organization—from how people think about innovation to the collaboration required to bring new ideas to life. We’ve seen that a Growth Manifesto serves as an incredibly effective tool for building that alignment that is essential to getting every part of an organization living a new brand promise. While CMOs will always own the brand, communications, and marketing lanes of a business, as their role evolves, we’re seeing how they also need to become experts at building alignment between the functions that marketing depends on.

If you have thoughts about the new challenges CMOs face today please add to the conversation below. And if you’re thinking about ways to address specific marketing challenges in your business, we are always happy to help you think through how to approach the challenge.

Emotive Brand is a brand strategy and creative agency that unlocks the power of emotion to propel a brand, culture, or business forward. We are a remote-first agency with a footprint in the San Francisco Bay Area.

The Engine of Productivity: Wellness in the Workplace

Posted on April 19, 2024October 27, 2024 by Tracy Lloyd

How we define the workplace has changed radically over the last few years. Offices no longer represent the primary workplace, and remote and hybrid modes of working are becoming the norm rather than the exception. And this has greatly disrupted the way we work. The “office rhythm” is out the door when you’re zooming with people three time zones away one minute, taking a call from the car while you drive your kids to school the next, and collaborating with colleagues face-to-face once or twice a week. It’s hard to connect. Hard to disconnect. And it’s hard to orient yourself in a culture without the daily cues to keep you on track.

All of this leads to wellness issues. The stress of being connected all the time. Or the self-doubt that leads to quiet quitting behaviors. The physical toll of being rooted at your desk all day. The erosion of mentorship in the workplace, and the rise of coaching to fill the gap. HR professionals are on the front lines of a crisis, and they’re responding by paying more attention to wellness than ever before. Employee well-being has emerged as a major focus as organizations replace the free-lunch and foosball-driven ethos with programs aimed at helping people thrive personally so they can thrive professionally.

The data supports this trend: corporate wellness directly influences the emotional and physical health of employees and, by extension, the health of the entire organization. Companies that prioritize wellness not only see an uptick in morale but also in productivity and retention. In fact, 83% of employees report that having a psychologically and emotionally healthy workplace correlates with a significant increase in productivity.

Crafting Cultures That Resonate with Employees’ Needs

Leaders in HR play a pivotal role in translating these programs into strategic elements of the company culture. The trend is clear: holistic wellness programs that address the full spectrum of well-being—mental, physical, emotional, and financial—help retain people and attract new talent. They make people more productive, as happier employees take fewer sick days, are more loyal, and bring a higher level of creativity and energy to their roles. And they add to your overall organizational resiliency, which is critical to navigating the ups and downs of today’s volatility.

How to make well-being a strategic element of your employer brand

1. Define a Wellness Philosophy: Have a candid conversation with leadership about why your organization values wellness, and how much you’re willing to invest in it. This is a crucial first step to getting your leadership team aligned on the value that wellness creates for the entire organization. You’ll need to address the holistic equation of well-being—physical, mental, emotional, and financial—and how each dimension drives employee performance and satisfaction.

2. Consistently communicate your POV on Wellness: Use every communication channel to consistently reinforce how wellness is woven into your corporate culture. Share stories that highlight the positive impacts of wellness initiatives on employees, strengthening the perception of your brand as caring and supportive.

3. Align Wellness with Strategic Goals: A key part of your wellness initiatives involves connecting the dots between employees’ well-being and the strategic objectives of the company. For example, link mental health programs like mindfulness sessions to innovation to demonstrate how they result in a more creative and productive workplace.

4. Showcase the Impact: Evidence that wellness works only deepens belief in it as a necessity. Share real-life examples of how wellness programs have improved workplace outcomes. Highlight case studies and testimonials from employees who have benefited from these programs. Create case studies that demonstrate improved productivity, reduced stress levels, and better teamwork.

5. Lead with Wellness: When leaders actively participate in and advocate for wellness programs, it sends a powerful message that no matter where you sit in an organization, you’re still a person with the same needs for support. The more leaders participate and evangelize your wellness programs, the more they become a core part of the company ethos.

6. Offer personalized Wellness Options: There is no one-size-fits all when it comes to well-being. By offering personalized wellness options that can be tailored to individual needs, you underscore your commitment to supporting each employee uniquely. This flexibility makes the programs more effective and highlights your company’s dedication to its workforce.

7. Measure Success and Adapt: As your employees engage with wellness programs, their needs will change. You need to continuously assess and adapt your wellness initiatives to keep the offerings relevant, the energy fresh, and the impact high. By actively managing the portfolio of wellness offerings, you show your workforce that rather than checking a box, the organization is committed to making wellness a foundational element of your employer brand.

Thinking Beyond Wellness Programs

Wellness programs alone can feel like Band-Aids if they’re not connected to the employer brand—the internal expression of your mission, purpose, and values—that drives your organization. As employee well-being emerges as a dynamic force that shapes every aspect of workplace engagement and productivity, employees need to feel that it is part of your organizational DNA.

At Emotive Brand, we specialize in connecting business strategy to culture strategy to develop employer brands that are not just smart—they resonate emotionally. Making sure that employees experience wellness programs as part of a larger narrative around how you value people is essential to delivering the experiences that contribute to an organization being a great place to work.

If you have thoughts about the role wellness programs play in culture strategy, please add to the conversation below. And if you’re thinking about ways to get your culture better aligned to your business strategy, we are always happy to help you think through how to approach the challenge.

How Do You Orient Your Team When Everything Seems Uncertain?

Posted on March 21, 2023October 27, 2024 by Jamey Aiken

The old axiom about uncertainty being the only certainty in business seems quaint given today’s headlines: Historically low unemployment. Hiring shortages one day and hiring freezes the next. Creeping inflation. Shaky markets. Unexpected layoffs. It’s whiplash inducing. And it’s the world we live in.

As the economy shifts and shudders, leaders are challenged to make strategic decisions with increasingly limited foresight. And employees? They’re left feeling disoriented, confused, and vulnerable. It’s a recipe for getting stuck. People become less willing to make mistakes, to stick their necks out for each other, or to take the smart risks necessary to adapt to the changing environment. In a time when flexibility and agility are critical qualities to business success, many organizations find themselves in a state of emotional contraction, unable to zag gracefully forward.

The problem is alignment. Conventional objective-setting tools simply fall short as a way to get everyone on the same page because they’re based on past assumptions rather than the competing signals of the future. Plus, they don’t give employees the right context for seeing themselves in that changing future—much less get them excited about it. For companies to navigate wave after wave of uncertainty, you need a more responsive approach:

Understand how your employees are feeling right now.
Are they cynical or optimistic? Are they barely hanging on or feeling enthused and inspired? Do they understand the vision for where the company is going? Or do they need more evidence and explanation? The more understood and recognized people feel in times of uncertainty, the more opportunities you have to deepen trust and allegiance. If you ask, people will let you know how aligned they are with a vision for the future and the strategy to get there. You can identify what dissonances need to be reconciled. Where the sources of doubt take hold. What fears need to be assuaged before they grow out of proportion. Powerful alignment—the kind required to change and adapt with the business environment—is only possible if you have clear insight into the emotional state of your organization at any given moment.

Address employees’ emotions with a clear story of how you plan to move forward.
While emotional understanding can improve conventional objective-setting by creating deeper connections with people, you still need to establish a clear point of view that will guide your organization toward its future. All businesses have multiple critical initiatives going on at any given moment: corporate strategy, product, go-to-market, brand, people & culture. If the narrative about how they connect is haphazard or unintentional—or confused by external market conditions—people will start quilting their own narratives. The result is multiple, often conflicting stories that lead to different end states. In other words, brand confusion. You must cut through the noise of function-specific goals, objectives, KPIs, and OKRs to make business and brand more emotionally relevant to the people in an organization.

Get employees focused on a future that they are empowered to create.
In times of flux, business leaders face pressure to leap into action—to batten down the hatches, set a course, and prepare teams to brace for the worst. But what employees most need today is leadership that inspires people with purpose and meaning amidst uncertainty. If your organization is feeling trapped by mounting performance pressure and shrinking time horizons, you must give every employee the ability to see, believe, and participate in creating a future that they know is not only possible but necessary. Emotion is the accelerant, the enabler, the multiplier, and the amplifier that connects powerful ideas more deeply and resonantly to the people who need them.

To move your business forward and ultimately grow in times of uncertainty, you need better ways to connect to what employees are feeling. And you need to equip them not with a best guess about the future, but rather with a clear picture of how they’ll create their future. When employees feel they have the agency and ability to control their destiny, they lean into the future with an entirely different spirit. This is how you translate all the ambition that underpins your brand into a coherent set of actions that keep an organization aligned, confident, and positive as it speeds into the uncertain future.

Why Have a Purpose Beyond Profit?

Posted on August 10, 2022November 22, 2024 by Tracy Lloyd

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.

Navigating the New Norm: Fast Forward for Efficient Growth and Strategic Stability

Posted on April 26, 2021 by Tracy Lloyd

We work and compete in a fast-moving world, driven by an accelerating pace of technological and social change. The markets we compete in shift quickly, competition intensifies, and expectations rise. Flux is the new normal. This increases the pressure to enhance efficiency, sharpen competitiveness, and improve profitability—all at the speed your business demands.

As a brand strategy firm, we understand that many of our clients, especially those operating in crowded, in-flux categories, need a much more agile approach to address the changing dynamics reshaping their markets and business. To meet these needs, we developed Fast Forward. Fast Forward is a six-week process that focuses on the challenges your brand, team, and business face, prioritizes them, and gives you the tools to address them.

Fast Forward is an agile set of strategy development frameworks, tools, and practices designed to empower learning, gain superior return on capital, and accelerate implementation. It’s a more flexible process for overcoming the barriers to successful, timely activation of strategy. Fast Forward does exactly what its name suggests: moves your business forward, and moves it fast.

Your Fast Forward engagement is completely customized to your situation. The deliverables are defined by the challenges and opportunities you face and the strategic outputs you prioritize as most important. The speed and power of Fast Forward stems from its format and focus. Below is an outline of what we tackle each week to gain momentum and drive impact.

Weeks 1-2: Immersion and Audit
We embark on a comprehensive week of intelligence gathering and analysis. We dive deep into your brand, business, and industry, fully immersing ourselves to gain insights and understanding.

We’ll assess your current positioning to distinguish your brand from key competitors, interview stakeholders to gain a deeper understanding of what is and isn’t working, identify white space opportunities for you to own in market, evaluate your latest brand and product messaging, and present a comprehensive audit of our discoveries.

Week 3: Workshop
Based on our findings from the immersion and audit, we develop, explore, and workshop new ideas to enhance your positioning and messaging, ensuring alignment with internal teams.

Weeks 4-6: Develop, Refine, and Deliver
During the final phase of Fast Forward, we focus on producing your bespoke deliverables that will provide the highest possible value and impact on your organization. Below are just a few examples of deliverables you can choose from after we’ve aligned on the key challenges you are facing:

Implement your augmented positioning and messaging through website landing pages that stand out and move the needle
Refresh your sales deck to amplify the impact of your elevated story
Craft a narrative to align and empower cross-functional teams with a unifying vision and strategy to harmonize your efforts

At the end of the six-week engagement, your team will hit the ground running with renewed strategic clarity and the agreed upon market-ready strategic elements to achieve the transformations essential to creating durable value and returns.

The interior of the diagram represents the iterative process of our Fast Forward offering.

The goal of Fast Forward goes beyond just solving problems; it identifies new strengths with the potential to accelerate your performance by generating new levels of coherence and coordination among your activities, resources, and people. All too often we’ve seen that the 30,000-foot views of strategy do not succeed without successful on-the-ground execution. Such execution requires the commitment and belief of leaders and implementers.

Fast Forward involves your team throughout the process to ensure alignment and gives you a new cohesive approach to strategy and implementation. Is it time to Fast Forward your business? Are you looking to make an immediate impact?

Emotive Brand is a brand strategy and creative agency that unlocks the power of emotion to propel brands, cultures, and businesses forward. We are a remote-first agency with a footprint in the San Francisco Bay Area.

Business Imperative: Socializing Strategy

Posted on August 27, 2019 by Joanna Schull

One of the first things we learn in business is the importance of “having a plan.” Preferably, it should be a strategic plan, complete with milestones, action items, KPIs, and other important measures. This is definitely true. You need to have a plan, and you need to be socializing strategy.

As someone who’s been in the consulting game for many years, I can’t count the number of times I’ve sat down with new clients only to discover that while there may, in fact, be a carefully (and expensively) constructed strategic plan, it’s a mystery to most employees. Chances are, they learned about the strategic plan via an online WebEx, saw some slides, listened to an executive talk, participated in some Q&A, and called it a day—and then promptly forgot the whole thing and went back to business as usual.

There’s a better way of socializing strategy—it comes down to following a few key principles and practices.

Step 1: Alignment

Align the entire leadership team on the key initiatives that’ll be required to execute on the strategy. The initiatives should be cross-functional and specific—not siloed within a single part of the organization. Good examples would be “develop vertical solutions and go-to-market expertise” or “create a culture of collaboration.”

Step 2: Plan for Change

As a leadership team, identify what’s going to change from three levels:

Functionally/operationally: What new things are going to need to happen? For example, do you need to develop new competencies, expand into a new geography, or acquire different types of talent?
Org structure: Are changes to the organization’s structure required to achieve the new strategy?
What internal cultural shifts will be required?: Starting with a baseline assessment of the status quo, what new types of behaviors will be needed to help the company adapt and execute on the new strategy?

Step 3: Socializing Strategy

Sharing and socializing the strategy and execution plan with your workforce is the next step. This is where it’s important to be thoughtful and thorough in planning and execution. Rushing the process will end up costing more in the long run, so take the time to do it right.

Don’t: Put together a deck, email it out, and consider the job done.

Do: Create an engaging way for employees to learn about the strategy directly from the executive leadership team, ideally with different leaders taking responsibility for explaining each track of work. If possible, do this at a live event that allows cross-functional teams to work together to discuss implications, as well as report outs from employees with questions, comments, and suggestions.

It’s important that the leadership team strike the balance of presenting a coherent, well thought out strategy while providing the rest of the company with an opportunity to provide input. This helps create ownership and buy-in across the company—but also may reveal things the leadership team may have overlooked or missed.

Step 4: Reinforce Awareness

Socializing strategy requires more than a one-time event. Best practices include:

Developing internal campaigns to keep it top of mind. Create a 12-month calendar to coordinate internal communications that reinforce the goals, but also celebrate progress and wins.
Ensuring cultural alignment. It is imperative that a company’s culture is set up to reinforce the change. This means taking a hard look at behaviors, metrics, and rewards. Do they align with the changes you’re asking employees to make? Are senior leaders practicing what they preach?

Step 5: Follow Up and Get Feedback

A good strategic plan will have ways to measure effectiveness by way of metrics, KPIs, etc. This is good, but not enough. It’s important to follow up and get feedback from the people who you’re ultimately relying on to see the strategy through: your employees. Find a way to check in on them and get a pulse on how it’s going, ask them what is working, and more importantly, what’s not. Nine times out of ten, you’ll get some valuable insights that will help to accelerate progress and keep things on track. At the very least, you’ll let your people know that you’re listening.

Strategic plans are imperative. Your company needs them to succeed in an ever-evolving and competitive world. But without a thoughtfully executed rollout plan to your employees—arguably the most important part of your business—even the most brilliant strategy will fall flat.

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

Aligning Business Strategy to Brand Strategy for Long-term Growth

Posted on August 13, 2018 by Tracy Lloyd

Planning for Tomorrow

We’ve written a lot about the importance of aligning brand and business strategy. But many leaders dismiss the business strategy as something necessary for the brand strategy. However, without understanding where the business is going, the brand can’t help the business grow in strategic ways.

Aligning Leadership

It’s obvious to work with the marketing team when developing a brand strategy. But gaining clarity on the business strategy can’t happen in a silo. You can’t develop a coherent brand strategy without internal alignment around the business strategy. That means bringing together the product, engineering, operations, sales, marketing, and HR leaders alongside the CEO to align on the direction of the business.

Aligning executives around where the business is headed helps us create the right brand strategy to achieve the strategic goals for the business strategy. Facilitating intensive executive interviews and running workshops within the leadership team goes a long way. With clarity around the business strategy, we are in a better position to ensure that the brand strategy we develop is tightly and strategically aligned to business goals and objectives.

What Your Business Strategy Should Answer

It’s important that when aligning leaders around a shared and articulated business strategy, you answer the following questions. The answers to these questions help us do the strategic work for you.

What are the short- and long-term goals for the business? Is there an exit strategy? A merger or acquisition in the future?
What are the revenue and growth expectations? Are there specific target revenue goals the board is looking for? Your investors? Wall Street?
What is the growth strategy? What is your pricing model? Are you selling products or solutions?
What’s the human capital plan for achieving the desired business goals? Does that involve recruiting a different and higher level team in order to execute?
What is the product road map? Are you entering into new markets? Developing new products? What are you building vs. buying to enhance your product offering?
Is your business set up in the right ways to achieve your goals and objectives? Do you need to shift your organizational structure? Are you ready to hire in a C-suite team? What do they need from the brand?
How should you allocate resources in order to accomplish these goals?

These questions are integral for shaping the brand strategy – helping to guide your business toward its goals and objectives in the most efficient manner.

Clear Goals Enable a Clear Business Strategy

With the plan for the future of the business clarified, the brand strategy will answer:

What category do you fit into?
How do you define market fit?
What is the competitive landscape?
What is your positioning in the marketplace?
Who are your top target audiences?
What is the value proposition?
In what ways is your brand unique?
How does your brand look and feel?
What voice does your brand speak in?

Business strategy and brand strategy need to work together. Aligning the brand strategy to your business strategy makes your brand better positioned for success. As a result, you will differentiate your brand and make it more meaningful. Defining a clear business strategy makes it easier to create a roadmap that is tailored toward your brand’s short- and long-term growth.

And most importantly, leaders who see the value in sharing their business strategy and long-term vision for their business will get far more value and a stronger ROI from a brand strategy.

Emotive Brand is a San Francisco brand strategy agency.

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Investing in Corporate Narrative During Transition: Essential Tool for CEOs

Posted on April 23, 2018 by Tracy Lloyd

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Transformations and Transitions

The corporate narrative is an essential tool for CEOs. Persuading them to invest in one is hard sometimes.

Competitive pressures on businesses today are stronger than ever. And as a result, many companies are taking new directions, which are leaving CEOs to reevaluate their position, redirect employees, and build new identities and strategies that are going to fuel business forward amidst important transitions and transformations.

As many businesses today shift and flex to changing market demands, it’s easy for a large transformation or transitional period to leave critical audiences and stakeholders feeling lost. Lack of alignment, disparate value propositions across the organization, mixed information, brand behavior, unclear values, or varied messages from recruiters all add to this feeling. And a lack of clarity and/or mistrust among the people most important to driving your business in a new direction is detrimental to a successful transformation.

Falling Short

When businesses are in the midst of a large transition, focusing on a corporate narrative is usually one of CEOs last priorities. Execs are more concerned with the changing business at hand, meeting profit goals, or fighting off the newest competition. But what they don’t realize is that a strong corporate narrative is the high-potential solution to these top concerns.

Misconceptions about the impact of a strong corporate narrative may be due to the fact that few companies have actually leveraged their corporate narrative to its greatest potential. In these instances, the narrative is stifled because it is formulaic and limited in its reach, use, and emotional impact.

The Value Received From a Corporate Narrative

When built and leveraged in the right ways, a corporate narrative can help your business stand out and fuel the people who are going to power your business forward.

1. Standing Out

Differentiation is one of the biggest outcomes for businesses who dedicate time and resources to a strong corporate narrative. Because corporate narratives operate as long-term solutions, they can help your business sustainably stand out (as compared to a short-term solution like leading with a new product or service). Successful corporate narratives tap into an unmet desire of the people they are trying to reach, and this is the most powerful differentiator. Meeting important rational and emotional needs for the people who matter to your business is the competitive edge your business needs during a time of transformation.

2. Fuel Business Efforts

A strong corporate narrative can help fuel business efforts and drive innovation forward during a transformation by getting people inside and outside the company on board with the new vision of the business. When people are engaged and excited about what the brand and business can fulfill for them, they start behaving in ways that enrich the purpose and drive business forward. Consider all the app developers who have gotten excited by Apple’s narrative, developed their own apps supported by the platform, and as a result, driven Apple forward.

3. Power Innovation

Narratives have the power of opening up possibilities and opportunities for your business. Often, they help bring new audiences into what’s at play, and as a result, new voices get heard, people engage more, and innovation increases. For instance, having a strong narrative might attract new partners or companies to you that want to be a part of the story. Think of all the cutting-edge collaborations Nike has done. Because narratives encourage action and build a community around your brand, they attract more active people, which leads to more innovation. Giving people a narrative to buy into can help people see new possibilities and become more likely to experiment, explore, and collaborate.

4. Pull People In

When trying to take a new direction with your business, it’s important that you bring people along on the journey. Investing in a corporate narrative can help build important relationships that will help your business sustain long-term success. Instead of pushing shifts on people, a narrative can help people feel like they are part of it, that they’re role matters. When you have a narrative, even during turbulent times, people are more likely to stand by you because they believe in what you stand for.

Your Corporate Narrative = Your High-Potential Solution

With a simple, flexible corporate narrative that fits the direction you want to take, and clear guidelines on how to use it, your business gets propelled in that direction. You become more differentiated, loyalty and pull increases, and innovation amplifies because everyone takes a more active role.

A strong narrative embodies the long-term opportunity your business offers and represents a sustainable future of meaning. It connects with the right people at the right time – bringing them into your collective culture that is formed around the vision, values, needs, desires, and aspirations that your narrative articulates so simply and so clearly. It is a foundation that can drive business success – a high-potential solution for any CEO looking to transform or transition their business in a new direction needs to be taken seriously.

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

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Good Leadership Character Leads to Good Brand Character

Posted on June 12, 2017November 22, 2024 by Tracy Lloyd

Tough time call for strong leaders

As recognition sets in that the COVID-19 crisis will not be short-lived, companies must respond appropriately by communicating in ways that are empathetic and relevant, contextually aware, human and sensitive. Leaders, brand stewards, and their teams must be extremely focused, keep up with the new normal of uncertainty, and have the ability to rapidly re-evaluate what their company stands for, how it communicates, and why this matters now more than ever.

Leadership Character

An excellent post at IMD.org speaks to two attributes that the writers, Professors Stewart Black and Allen Morrison, believe are necessary for leaders of global organizations today: emotional connections and integrity.

I think this advice is great for any business leader, not only those operating at the “global” level. Here’s the section on emotional connections that talks about being sincerely interested in others, genuinely listening to others, and understanding different viewpoints.

Emotional connections

Global leaders need to establish personal, empathetic relationships with people from all backgrounds inside their company, and in the broader community. Doing this requires three distinct abilities: sincere interest in other people, a heightened ability to listen, and a strong capacity for understanding different viewpoints.

Sincere interest in others

Our research found that effective global leaders actually like people – all kinds of people. They enjoy talking with people and being around them. They care about people and want in some way to make their lives better. All of these attributes help them to form better business relationships, which are a critical part of doing business in many countries. “International customers buy a relationship, not equipment,” David Janke, Vice President of Business Development at Evans & Sutherland, told us. “We’re not selling equipment: we’re selling somebody’s career, because she’s got her neck on the line. She is buying something and making a large investment,” he said. “If it doesn’t work, everybody points the finger at her, so she wants to deal with a company and people…that she trusts.”

Genuinely listening to people

Being interested in people is not the same as genuinely listening to them. As one executive recently told us, “It can be too easy when you are in a leadership position to do all the talking.” Yet, for others to feel understood, leaders must excel at picking up verbal and non-verbal communications. They must also overcome the “everyone thinks the same” assumption, which suggests a superficial understanding of the aspirations, interests, and feelings of other people.

Understanding different viewpoints

Understanding people requires leaders to relate personally to the lives of their employees, customers, and others who are relevant to the business. It means understanding context and, more specifically, how to provide appropriate leadership within it. For example, how a 40-year-old American expatriate manager delegates to a 35-year-old Japanese subordinate with a U.S. MBA should differ significantly from her delegation to a 55-year-old Japanese subordinate with no U.S. experience. To succeed, the American manager should pay much greater deference to the 55-year-old Japanese subordinate.

Effective Leadership

Establishing emotional connections is an essential part of effective global leadership, but this is not the same as “going native.” Leaders who are interested in people, who are excellent listeners, and who are familiar with local conditions and traditions do not have to become like the people they are with. While they need to keep an open mind, they should never forget who they are or what they represent.

When leaders have character,c their behavior influences people throughout the organization. This impacts on every aspect of the business, including the way its brand behaves. When the organizational culture is built around character, a new way of being emerges that is far more appealing to people, both inside and outside the business.

To sum up: When you bring empathy to your leadership style, you win. When your leadership style makes your brand more empathetic, everyone wins.

Emotive Brand is a brand strategy firm.

The Value of Mapping Business Strategy to Brand Strategy

Posted on February 14, 2017 by Tracy Lloyd

Business strategy and brand strategy should be closely linked

There’s a perception among many executives that business strategy is strategic, and brand strategy is a marketing tool – and not a strategic asset. As a result, businesses set ambitious goals, but don’t consider how investing in and developing a brand strategy could help get them there.

As a brand strategy agency, we rely heavily on our client’s full disclosure of their business strategy – their goals and objectives, pitch decks, revenue reports, exit strategy – to build a meaningful, emotive brand that will transform their business, drive revenue, enable them to hire top talent, and power the company’s future success. But, in order for a company to measure success and see the value of the brand strategy, the business and brand strategy need to be aligned. By mapping the two together, we can create a strong, impactful brand that is geared towards specific growth goals and worthy of investment.

Mapping ensures that business can grow in any strategic direction

In any business situation, the brand strategy needs to reflect both the short-term and long-term goals of the business. A brand that aligns with the business plan ensures these goals become reality. Consider these three situations:

Startups need top talent to build and sell their products.

Most startups have aggressive hiring ambitions to meet their revenue goals. And in today’s world, because startups are all competing for the same talent – data scientists, engineers, and top sales people – they need to rely on a strong brand to effectively articulate why they matter. Investing in your company’s brand strategy will help recruit the right employees who are aligned to your brand and business aspirations. When recruits and employees connect to your brand’s purpose in more meaningful ways, the business will stand out from your competition and employees will drive business because they will be more dedicated, loyal, and committed to your success.

High-growth companies that are looking to scale at a rapid pace need a brand strategy to stand out in crowded markets.

Your brand strategy is an opportunity to better connect your product and/or services to the people that matter most to your brand, and involving your sales and marketing teams in the process is a smart way to help map your business and brand strategy together. By examining business priorities, we can develop a go-to-market strategy that will drive revenue, better support your sales and marketing teams, and boost loyalty with your customers and partners.

Established enterprise companies often need a brand refresh to meaningfully reconnect to internal and external stakeholders.

In competitive markets, business strategies have to shift and change over time to help sustain growth, maintain market share, and combat new competition. These shifts in business strategy can be hard for an established company to take on – both internally and externally. Whether you are preparing for an IPO, involved in M&A activity, or trying to stay relevant in a changing market, investing in a brand strategy refresh can help articulate these shifts. Presenting a cohesive brand, corporate narrative, and updated look that communicates who you are, why you matter, and what you stand for is necessary to shift your business and reconnect the brand to all your key stakeholders

Mindful leaders connect business and brand strategy, and reap the benefits.

Regardless of what stage the business is in, a brand strategy is the best tool to hone in on the impact your brand can make. Aligning the brand strategy to your business goals makes your brand more impactful and emotionally meaningful. It is the best way to create a road map that is tailored toward your brand’s growth. Those leaders who understand the value of a strong and clear brand strategy are better situated to lead their business. Use brand strategy to connect and matter to the people who are most important to your brand’s success.

Emotive Brand is a San Francisco brand strategy firm.