Corporate

Building a Strong Corporate Identity

Most organizations realize that having a strong brand identity brings many benefits, among them more motivated employees, competitive advantage in the marketplace and a clear brand promise to engage customers and stakeholders.

But it’s not always clear how to build a strong identity if you don’t already have one. What does it take? And how do you know what to aim for?

 

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Why Large, Complex Organizations Need a Strong Brand Identity

If you read a lot of the branding and naming advice that’s out there on the Internet, it would be easy to think that the only time an organization should worry about its brand identity is when it is first getting started. What should you name your company? How should you position it against competitors? These are important questions for startups and new brands, but the truth is that large, complex organizations are just as often in need of identity strategy.

 

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Brands in Crisis: You Can’t Hide

Malaysia AirlinesAfter the back-to-back tragedies of Malaysia Airlines flights MH17 and MH370, we’ve seen some news reports that the airline is looking to rebrand and change its name.

While I can understand why a brand in crisis would want to distance itself from these terrible events, I think it’s a mistake. Here’s why:

The damage is already done: These tragedies have dominated the news for many months, and the misfortunes of Malaysia Airlines are seared into the mind of the world’s population.

Superficial rebranding looks like hiding: When a brand has been through a disaster, a superficial change in identity makes it look like you’re trying to hide something. Instead of helping, it can backfire, provoking condemnation that further sinks the brand’s reputation, revenue and market value.

What really matters is demonstrating integrity: Instead of hiding, brands going through disasters need to demonstrate a real and total commitment to making meaningful change. For Malaysia Airlines this means rethinking every aspect of the airline and implementing major changes in critical areas (safety, management, training, operations, policies, service and transparency). In this way the brand could signal its commitment to ensuring that these tragedies did not happen in vain.

Brands in crisis can turn tragedy to triumph. But doing so requires investment and integrity. Malaysia Airlines could successfully change its identity and name if they introduce these changes as a high-visibility sign of their commitment to completely re-vamp their airline, and to be held to the highest standard. If the airline is truly changed, its identity could be changed. Handled correctly, that’s an opportunity.

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Establishing Your Vision, Mission, and Strategy

How do you establish a strong and distinctive mission, and why should it matter?

Vision, Mission and Strategy are critical to a company’s uniqueness and vital to success. We have a very simple way to think about Vision, Mission and Strategy that can help you develop a unique, compelling, and clear way to differentiate your company, inspire your employees, and guide your company forward.

In this video, we define these elements and use the example of IBM to illustrate each one.

Contact us to learn more: https://www.marshallstrategy.com/contact

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Company Branding – Why Can’t We Do This Ourselves?

Company Branding and Brand strategy is the process of identifying and articulating who you are, what you do and why you matter – as clearly and compellingly as possible in ways that are unique, motivational, sustainable and meaningful to all of your critical audiences.

It can be difficult for an executive team to step back from the flow of business for any period of time and think holistically about where the business is going. What are the big ideas will drive their critical audiences? And, how can the executive team arrive at a consensus when multiple ideas are generated at the decision table?

A clear brand strategy can be a powerful tool for the overall company branding, and finding the right consulting team to gain strategic branding advantage is critical.

Visit our YouTube Channel for more helpful videos like this one.

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Strategic Identity and Your Corporate Image

Corporate Identity Branding and Strategy

Some people believe that “image is everything” when it comes to marketing their company. Others think ” brand identity” begins and ends with a logo.

The reality is, both are important, and identity and image have a critical relationship in telling your unique story.

We believe that a strategic identity should help you clearly articulate who you are, what you do, and why you matter to your key audiences, in ways that are ownable, believable, beneficial, sustainable, and profitable.

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Corporate Identity and Branding – A Reality Check

Some people believe that “image is everything” when it comes to corporate identity and branding. Others think “identity” begins and ends with a logo.

The reality is, both are important, and corporate identity and image have a critical role within brand marketing strategy. Branding consultants are a great resource when designing your successful branding strategies.

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Corporate Identity Guidelines: 4 Requirements For A Successful Strategy

Corporate brand identity guidelines in today’s fast paced world, may evolve with our changing marketplaces, yet a corporate identity strategy is simple in concept but can be challenging to deliver. Strategic brand identity is the disciplined effort to succinctly define what a company or brand does, why it matters to its critical audiences, and why it is better than the competition. Regardless of a company’s size, from start-ups to large, complex multinational corporations, its identity strategy needs to be expressed simply and compellingly, and that’s where the hard work begins.

In order to develop brand strategy, you need to first identify brand objectives. There needs to be internal alignment on the brand’s direction to ensure that all the moving parts are moving towards the same goal. Once this alignment is achieved, there can be greater clarity and relevance in communications, which ultimately leads to greater audience appeal. A company that has identified its strategic objectives will have better focus on its mission and greater impact in its market. Over the years, we’ve developed corporate identity guidelines, and found the following four key brand requirements are critical for a successful corporate identity strategy.

Differentiation. In today’s highly competitive market, brands need to have a clear differentiation or reason for being. What they represent needs to be stand apart from others in order to be noticed, make an impression, and to ultimately to be preferred.
Relevance. Brands need to connect to what people care about out in the world. To build demand, they need understand and fulfill the needs and aspirations of their intended audiences.
Coherence. To assure credibility with their audiences, brands must be coherent in what they say and do. All the messages, all the marketing communications, all the brand experiences, and all of the product delivery need to hang together and add up to something meaningful.
Esteem. A brand that is differentiated, relevant and coherent is one that valued by both its internal and external audiences. Esteem is the reputation a brand has earned by executing clearly on both its promised and delivered experience.

Delivering on these brand requirements requires discipline, insight, and a clear understanding of the company’s objectives, audience, competition, and opportunity.

Ask Marshall About Corporate Identity for Your Business
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