+I+ Interbrand Thinking Version 2.0
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
You’ll find lots of stuff in here. But at heart it’s simple. It’s about where to take brands next. How to get them there. And then actually getting them there. Interbrand Thinking
Introduction Context Our philosophy Our approach Our methodology Iconic Moves Brand Strength Our way of working FAQs Our behaviours Interbrand Thinking 2
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS Brands are more important than ever before. However, their role has changed Why are we reimagining dramatically. our approach? → Quite simply, because the world is changing. Our clients’ needs have evolved. Our the new rather than the known. ongoing conversations with leaders In addition to this, our competition from across industries and markets has changed dramatically. The show that, at a time of falling category we invented has attracted barriers and technological shifts, plenty of competitors from a variety brands are more important than of fields – from management ever before. However, their role consultancies to design outfits, has changed dramatically. from innovation agencies to in- house client capabilities. It’s From creating differentiation time for us to reinvent it. in an age of abundance, they are now key to staying relevant Too many great ideas live and die on in an era of turbulence. PowerPoint. People in much of the world are more It’s time to shake up the traditional informed, connected and wayof working so that it shakes up demanding than ever before. They our client’s structure and culture see through traditional marketing to deliver extraordinary results. and are intrinsically disloyal – with plenty of choices at their We’re not here to play the game. fingertips,they are attracted by We’re here to raise it. Interbrand Thinking 3
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS to Moving from brand branding thinking Moving from branding Four decades ago, we coined the us from having wider, ongoing term ‘branding’. Over time, this relationships with our clients’ leaders. to brand thinking means concept has come to identify a number of activities and ‘products’ Increasingly, great brands are no longer being defined required to create, manage not defined by what they do - and evaluate brands – naming, which can quickly evolve - but by a limited number of positioning, design, and so forth. why and how they do things. standard services – but We want to keep providing all As Interbrand, we must aspire to of these, and we want to be be known for a unique, powerful being known for a unique the absolute best at them. philosophy, and apply that to the widest possible range of approach to complex However, we don’t want to be defined complex business challenges. by products - for at least two reasons. business challenges. The clearer and sharper our How First, this makes us more imitable and is, the bolder and broader our comparable, commoditising our offer. What can be. We want clients to increasingly come to us to apply the Secondly, being defined by a range Interbrand way to new challenges. of activities confines our role, making it limited, delivery-based We frame this step as the transition and intermittent - preventing ‘from branding to brand thinking’. Interbrand Thinking 4
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS brand branding thinking A standard set of services aimed at A distinctive way to approach creating, managing and valuing brands. business challenges and opportunities. A What A How Visual first Experience-led Linear Cyclical Makes brand elements communicate Makes everything communicate Promise Promise and reality Relevant to experts in the organisation Relevant to everyone in the organisation What’s said when we’re in the room What’s done when we’re not in the room Delivers by handing over Delivers by coaching Input-based Outcome-driven Brand briefs Business challenges Responding to briefs Framing briefs Interbrand Thinking 5
Introduction Context Our philosophy Our approach Our methodology Iconic Moves Brand Strength Our way of working FAQs Our behaviours Interbrand Thinking 6
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS People’s Courtesy of Glossier “The one thing I constantly hear expectations from customers is that they want more... they want things that are moving faster we never even considered we EMILY WEISS, should have any FOUNDER AND than businesses. business making” CEO, GLOSSIER → For the first time since the industrial revolution, people’s expectations are changing faster than the fastest businesses. People are more informed, connected and demanding than ever before, as the result of a number of forces that are likely to continue to reshape the way categories evolve, businesses compete, and people choose – and, therefore, the way brands are built and grown. Interbrand Thinking 7 7
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS The keys to growth Empathy to understand shifting expectations, Affinity to address them, Agility to move at their speed. 1.6 1.4 1.2 1.0 0.8 0.6 0.4 Empathy 0.2 Affinity Agility 0.0 Difference in average Brand Strength Score (double digit risers vs double digit fallers), by Brand Strength factor Interbrand Thinking 8
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS Six forces that are changing the competitive environment 1/6 2/6 End of Abundance competitive of choice advantage In global markets, choices – both in B2B and B2C environments – In the words of Columbia are increasing, and are literally at School Professor Rita Gunther our fingertips. McGrath, “We used to think of the competitive environment as Even if customers know, trust one of punctuated equilibrium, or even love a brand, exploring where there were long periods of and trying new options has stability between disruptions. never been cheaper and quicker. Now the disruptions are coming This creates an erosion of loyalty closer and closer together. The as we currently understand it, competitive environment is in whereby brands must keep on perpetual motion… attractive addressing customers’ desire opportunities are more visible for what’s new and what’s next. to more players, and the resources needed to go after them are more available, too.” Customers are exposed to more Customers are used to an abundance frequent innovation, deriving from of options competing for their a hyperdynamic competition attention and money Interbrand Thinking 9
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS 3/6 4/6 Speed Shorter of adoption feedback loops Speed of innovation has certainly Smart use of data and artificial increased significantly, but what has intelligence have set the scene for also risen exponentially is the rate what is, in many cases, a virtually at which innovation gets adopted. instant, as well as constant, feedback loop between customer Ecosystems have the power behaviour and product innovation. to propagate and scale the adoption of new technologies As Amazon founder Jeff Bezos to millions of customers at points out, “One thing I love about speeds never seen before. customers is that they are divinely discontent, their expectations are never static… they always go up. Yesterday’s ‘wow’ quickly becomes today’s ‘ordinary’. I see that cycle of improvement happening at a faster rate than ever before.” Innovation becomes part of people’s lives Consumers expect new, better very quickly, changing their expectations and different on a daily basis Interbrand Thinking 10
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS 5/6 6/6 Inextricability Shifting frames of brand and of reference business Consumers’ frames of reference are shifting. A business, its brand and its leadership are The expectation of Uber’s immediacy, increasingly inextricable. Spotify’s cornucopia and Netflix’s intimacy ripples across every aspect Transparency and reduced of life and line of business, raising the information asymmetry mean that, threshold of what’s good enough. increasingly, brands are about what a business is and does, not just what it Expecting a mortgage to be says; and businesses are about trust approved in a few minutes is and relationships, not just delivery. no longer unreasonable. It’s hard to unbundle the troubled times of Facebook into brand, business or leadership. Customers less and less distinguish Customers’ benchmarks stretch way the ‘say’ from the ‘do’ beyond a single category Interbrand Thinking 11
Introduction Context Our philosophy Our approach Our methodology Iconic Moves Brand Strength Our way of working FAQs Our behaviours Interbrand Thinking 12
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS Interbrand Thinking is a business growth philosophy that seamlessly combines a deep understanding of people, businesses, and their interactions, through the lens of Human Truths, Economics and Experiences. → These three lenses are not disjointed Each lens may lead to in-depth perspectives, but the three work or may be considered at a indispensable components of a lighter touch level, depending on single, interdisciplinary, philosophy. the challenge, budget and timing. What is crucial, however, is that When we compete on a single lens, each of the three perspectives we face intense competition from is an integral and decisive numerous parties. When we show component of our approach. an equal, seamlessly integrated understanding of all three, we For this reason, we have translated are providing a unique, distinct these lenses into three simple approach that can be applied to principles, which must run across virtually any business challenge. every single piece of work we do. Interbrand Thinking 13
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS PEOPLE BUSINESS INTERACTIONS Human Truths Economics Experiences Ask the Do the Design for Why Maths Behavioural Our Change behind the What Principles Our clients’ question What do customers demand, What results are we going What moves should we now and next? to see, now and next? make, now and next? Our approach We lead with empathy. We understand We build confidence in change by making Instead of trying to change what what’s changing about people a case for it. We line up the knowns and people see, we focus on how they that businesses need to know unknowns to determine rewards and risk feel and behave. The ultimate now – to shape their ‘next’. – and focus on the right opportunities. test of our work is not what Why it’s important Human Truths inspires change by ensuring Economics inspires change by ensuring Experiences shape change by ensuring the business is in touch and in tune with the business has the confidence to seize the business influences how people people, to become and stay indispensable. marketplace opportunities. think, feel and, ultimately, behave. What it delivers We apply the lens of Human Truths We apply the lens of Economics to We apply the lens of Experiences to to surface the deep human truths bring quantitative and commercial logic transform insight and intent into actions a business needs to know now that to decision making. It is not just about that change and improve the way people is going to change its ‘next’. We apply carrying out traditional research, but interact with a brand, a business, or a this to uncover not just what’s going on, determining the risks and rewards of category. We make incremental changes but the deep meanings and motivations ideas and their likely business impact. that make things better for people, and behind it. What we derive are insights that bold moves that create a new normal. are fresh, provocative and generative. How it works We use a variety of techniques to Our Economics viewpoint encompasses Our Experiences viewpoint uses the power conform to economic and timing a variety of tools and approaches, from of design, language and technology to constraints, ranging from online quantitative research to concept testing, create effective networks of interactions communities to in-person Big Talks, from from Brand Strength to business case between brands and customers, in-depth interviews and vox pops, from modelling, from customer segmentation to ensuring that ‘everything communicates’, ethnography to social media analysis. the development of consumer dashboards. delivering at every moment the right combination of desire and utility. Work quality question Is there a powerful insight? Is it going to deliver results? Is it going to change people’s perceptions and behaviours? Interbrand Thinking 14
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS Use Interbrand Thinking’s three lenses as the way to approach any kind of challenge. Looking at the customer, the of view. As an example, applying business and their interactions is a Human Truths, Experiences and simple way to start breaking down Economics to a naming process might any type of business challenge or mean listening to, and involving, the opportunity, giving us the permission customer, identifying and shaping the to do new things. For instance, key interactions through which the we’ve applied our three lenses name can drive behavioural change, to the full fledge development and applying modelling to identify of a start up and to addressing a the name candidate with the highest client’s loss in market share. likelihood of delivering returns. Our three lenses also provide a way Whether it’s a new or typical to approach traditional challenges challenge, our three lenses are our with a unique and more rounded point unique way of approaching it. Interbrand Thinking 15
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS BUSINESS Helping clients make more informed, and therefore less risky, decisions. The HUMAN TRUTHS ECONOMICS EXPERIENCES What do customers What results are we going What moves should we demand, now and next? to see, now and next? make, now and next? Confidence to make Iconic PEOPLE Uncovering what Interbrand Thinking Moves is going to capture people’s imagination. INTERACTIONS Defining and delivering new ways of creating utility and desire, changing the competitive landscape. Interbrand Thinking 16
Introduction Context Our philosophy Our approach Our methodology Iconic Moves Brand Strength Our way of working FAQs Our behaviours Interbrand Thinking 17
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS Beyond Positioning → Our new approach to brand building stems from a simple observation – that today positioning is a temporary status quo, not a strategic tool. First and foremost, within Finally, brands can no longer accelerating markets where be considered as separate from customer expectations are businesses; the two have never perpetually moving ahead of been so inextricable. Transparency businesses, any positioning defined and reduced information asymmetry in a static way is destined to become mean that, increasingly, a brand obsolete and lose relevance before is about what you do and are, not it is able to make any difference just what you say; and a business in the customer experience. is about trust, not just delivery. Secondly, businesses will no longer All of this means that the be defined by categories, but by traditional notion of brand customer needs. Needs stay and positioning – a static, category- evolve, categories not necessarily; based, abstract construct to be it is safe to assume that the need checked and reviewed every so to move financial resources often – is increasingly inadequate will outlive banks. The future of to build successful brands. competition will take place in fluid, open arenas such as movement, Today’s fastest growing connection and entertainment, organisations move along populated by players with diverse trajectories that bring the business, business models. Increasingly, the brand and the customer brands will replace sectors. closer than they’ve ever been. Interbrand Thinking 18
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS What are we doing differently? Our new approach to brand building is a radical departure from the conventions of branding – so before going into more detail, let’s take a quick look at six key changes in our new way of growing businesses. 1 2 3 4 5 Strategy should be less A business’s most effective moves We must therefore establish a An ambition cuts through the brand/ We don’t only want to change about defining what a should reflect what it wants to north star Purpose and set a clear, business dichotomy, by determining: what people see, but also what business stands for - and be, rather than what it is. measurable, timebound Ambition - What customers and human they feel, remember and do. more about determining that inspires a roadmap. truth to address where it should go next. - Through what interactions - With what business model and results. Interbrand Thinking 19
Introduction Context Our philosophy Our approach Our methodology Iconic Moves Brand Strength Our way of working FAQs Our behaviours Interbrand Thinking 20
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS Our methodology → Departure Purpose Ambition Trajectory Moves Feel Signatures Behaviours Point A diagnosis of the The business’s north The objective(s) A Trajectory defines The strategic actions The consistent, Signatures are the key The way people in brand’s current situation star: the ultimate the business wants the journey the brand that propel the brand unmistakable sensation memorable and flexible an organisation act and how it is likely to reason why it exists. to achieve within a must be on to move along its Trajectory through which all sensorial assets (from as a result of strategy change, distilled into a What it aims to achieve given timeframe, from its Departure towards the Ambition. moves are instinctively graphics to product, and culture.reates an limited number of shifts. in the world and for underpinned by KPIs. Point to its Ambition. attributed to the brand from verbal to sound attribution of moves people generally. and are connected to space) that create and interactions. across all channels. distinctiveness and coherence. Interbrand Thinking 21
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS The Interbrand Thinking Canvas Purpose RELEVANCE Ambition Iconic Moves Trajectory Moves Departure Point Today 20xx TIME Feel Signatures Behaviours Interbrand Thinking 22
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Departure Point What is it? A diagnosis of the current situation and the forces that are likely to affect it, seen through the lenses of Human Truths, Experiences “If snow melts from and Economics. the edges, how do It answers the question, ‘What’s going on here?’ we make sure we see through a limited number of challenges and opportunities. when this is happening?” RITA MCGRATH, COLUMBIA BUSINESS SCHOOL Remarks - A Departure Point is more than an - Specifically, each lens looks - This amount of information, audit of the status quo – it combines at the business from both however, should then be multidisciplinary insight and an external and internal condensed into a limited number foresight to uncover the nexts that perspective, providing of challenges and opportunities to the business needs to know now. a very rich analysis. address – the things we want our clients to focus on – for example, - Structuring the Departure Point - This framework is designed to five strategic bets. This summary through our three lenses ensures bring together a vast array of shifts the complexity of reality with we are not missing out on anything, diverse inputs – quantitative/ a simpler story that calls attention providing a deep understanding qualitative, primary/secondary, to its most crucial aspects. of the brand and its context. field/desk, and so forth. Interbrand Thinking 23
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Approach Now Insight Typically acquired through client Next Foresight Typically acquired through interviews & material, customer customer communities, listening, ethnography, market industry experts, Big Talks intelligence and primary research and trend analyses This framework provides a guide to ensure a thorough and well What types of needs are we How are trends and weak rounded diagnosis of the brand External NEEDS addressing today, for whom? → signals likely to change them? and its context. It combines our lenses with an internal/external and now/next dimension. Human Truths What defines our How should our It can be used to design work Internal CULTURE culture today? → culture change? plans, as well as structure questionnaires, interviews and conversations. It also acts as a check box to ensure our departure What kind of products, services and How are expectations point is sufficiently informed. External OFFER experiences are we delivering now? → likely to change? This framework owes much to the 4C model (Context, Customer, Experiences Company, Competition), but Through what key assets (skills, What assets are likely to lends it further detail, breadth, Internal ASSETS tech, etc.) are we delivering them? → be critical going forward? as well as a dynamic nature. Whom are we directly and How is our arena External ARENA indirectly competing with? → going to change? Economics How are we currently How might that need Internal MODEL → making money? to change? ↓ Departure Point Interbrand Thinking 24
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Competitive Panorama Framework As barriers between sectors blur, it is helpful to open up our diagnosis to our clients’ wider environment. Often the most relevant Category Space Arena Context challenges and opportunities may come from far beyond the immediate competitive space. Competing for Competing for Competing for Changes in For instance, an airline’s competitive the same time & money the same time & money the same time & money available time & money space may include high speed rail, (society & economics) and its arena video conferencing; By addressing By addressing By addressing and its future performance will the same needs & desires the same needs & desires different needs & desires Changes in be strongly affected by rising needs & desires environmental concerns. Through Through Through (culture) the same types of different types of different types of This framework is a useful products & services products & services products & services Changes in reference, and can be used products & services internally or in client workshops. (tech & innovation) We actually compete with sleep. REED HASTINGS, NETFLIX Interbrand Thinking 25
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS What it looks like An example: Ferrari DEPARTURE POINT Departure Point The Italian luxury GT, racing and sports car par excellence, facing a global shift in mindset. ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ 1. 2. 3. 4. NEW NEW NEW NEW Shift no.1 Shift no.2 Shift no.3 Shift no.4 MEANING INTERACTIONS AUDIENCES FOCUS The Italian With F1 Ferrari is a Ferrari’s goal luxury GT, becoming a very effective of playing in NOTE: CONFIDENTIAL AND NOT TO BE SHARED OUTSIDE OF INTERBRAND PART OF THE TEXT DELIBERATELY LEFT OUT. Interbrand Thinking 26
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Purpose What is it? Encapsulated in a concise statement, a Purpose defines a business’s ultimate reason to exist: what it aims to achieve in the world and for people generally. As such, it becomes a north star for the business – a metaphor that suggests that a Purpose isn’t a destination, but a perpetual guide. A note of caution At its best, defining an organisation’s purpose involves a transformational journey that draws from fields such as philosophy, psychology and economics. Entire careers, organisations and books have dealt with and evolved this notion. These pages can only scratch the surface - and look at the concept of purpose from a purely strategic and structural point of view. A deep collaboration with clients and their constituents is particularly relevant, and further reading is strongly recommended. Interbrand Thinking 27
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS What makes a strong Purpose SATYA NADELLA CEO, MICROSOFT A strong purpose has some interconnected qualities. It is: ROOTED IN AN IRREFUTABLE RELATIVELY UNCHANGING AUTHENTIC TO THE WAY FOCUSED, BUT WITH NOT A STATEMENT. HUMAN TRUTH. OVER TIME. THE BUSINESS OPERATES SUFFICIENT LATITUDE. AND MAKES MONEY. There is a major difference It should not invite a further A strong purpose will transcend A purpose that is rooted in a between a purpose and a purpose ‘yes... but why?’. Nike’s purpose technologies, sectors and A purpose should be sharp human truth will be by definition statement. A purpose is a deeply to “unite the world through categories. Take, for instance, enough to act as a filter, draw too broad to be, in and of itself, rooted ethos that is actively sport to create a healthy Microsoft’s purpose to “empower a line and override profit in unique. Its function is not to create pursued. It is then summarised planet, active communities and every person and every decisions. As DDB founder Bill differentiation, but direction. It into a statement to create clarity an equal playing field for all” organization on the planet to Bernbach observed, “a principle should therefore define a role and inspiration around it. We identifies an ultimate benefit. achieve more.” A strong Why isn’t a principle until it costs you to play. Moleskine’s purpose to shouldn’t therefore be “writing will stay unchanged as the What something.” Beware of purposes “contribute to the expansion a purpose”, but defining one by changes; in fact, it should guide that are too vague or bland and dissemination of culture and working together with clients. The the way the ‘What’ changes. to do that. A strong purpose knowledge” isn’t what makes the reality is that many businesses creates forks in the road. brand unique – it does, however, have a purpose statement – far define a clear role that has fewer actually live by a purpose. sufficient breadth. Interbrand Thinking 28
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Defining a Purpose: Microsoft Interbrand “Empower every person and “To inspire growth for all” Three key dimensions every organization on the planet to achieve more.” ETHOS: equity FIELD: personal & business growth ETHOS: inclusion ROLE: inspirer FIELD: productivity ROLE: empowerer As the examples on this page show, a strong, authentic Purpose is usually Nike Ferrari underpinned by three key dimensions. “To unite the world through “To create timeless sport to create a healthy planet, icons of passion and active communities and an human achievement” equal playing field for all” 1 2 3 ETHOS: progress ETHOS: equity FIELD: self-realisation FIELD: sport ROLE: maker ROLE: unifier ETHOS FIELD ROLE What is the single irrefutable By acting in what field does Lastly, what is the role that truth at the heart of the the organisation pursue the organisation can credibly purpose? Fairness? its ethos? What will be its aspire to play in its field Progress? Equity? Justice? sphere of influence? to pursue its ethos? What What is the needle that the can the business credibly organisation aspires to move? This defines the organisation’s aspire to actually do? Moleskine latitude, making the This defines the single ethical purpose elevated enough, This defines the part “To contribute to the expansion conviction that is dearest to without being vague. organisation will play. and dissemination of its leadership. If it were for A kind of archetype. culture and knowledge” the organisation, what would This dimension defines a the world be more like? domain for the organisation. This dimension can be seen ETHOS: inclusion As such it can be seen as an amplification of our FIELD: culture and knowledge This dimension can be seen as an amplification of Economics lens – from what ROLE: contributor as an amplification of our our Experiences lens – the organisation does to Human Truth lens – from from a competitive arena sustain itself to what is its the need the organisation to a broader field of role in the bigger picture. addresses to a single action and influence. fundamental ethical calling. Interbrand Thinking 29
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Approach Now & Next North NEEDS Human Truths → Ethos CULTURE OFFER Experiences → Field ASSETS ARENA Economics → Role MODEL ↓ ↓ Departure Purpose Point Interbrand Thinking 30
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Co-creating a Purpose through its dimensions The following is a line of thinking for a workshop or co-creation session. While the Purpose draws from the work on the Departure Point, it is a leap. It will require brave, out of the box thinking, and a combination of left- and right-brain thinking. 1 WHAT’S 2 WHAT’S OUR ETHOS? OUR FIELD? 1 2 3 Purpose ETHOS FIELD ROLE What would the organisation What is the field of What role can the want the world to be action through which organisation credibly more like? What is the the organisation can play within that field? wrong it wants to right? make a difference? How can the Economics What is the single ethical How can the Experiences now & next of the Departure 3 conviction at the heart now & next of the Departure Point be expanded and of the organisationand Point be expanded and made more universal? its leadership? made more universal? Note: define a role that WHAT’S How can the Human Truth Note: strike a sweet spot is sufficiently incisive, OUR ROLE? now & next of the Departure – identify a field that is but equally credible. Point be expanded and broad enough to rise above made more universal? fast-changing categories, technologies and benefits, Note: this will be a but is sufficiently defined universal truth. In defining to be meaningful. this dimension, don’t pursue differentiation, but authenticity. Interbrand Thinking 31
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Ambition What is it? What makes a The objective(s) the business wants strong Ambition? to achieve within a given timeframe, underpinned by clear KPIs. - A Purpose is set too high to - Articulating the Human Truths, SIMPLE: In 1997, we used Apple as the living create momentum. An Ambition Experiences and Economics Can the Ambition’s achievement case in the UCLA Anderson MBA How is it built? translates it into a timebound, components of an Ambition is be measured or, at least, strategy course. I and several other measurable objective that people an important reality check, and objectively assessed? If not, faculty members met with Jobs. within an organisation know forces us to be very clear about it is not a commitment, but a An Ambition should be encapsulated they can potentially accomplish. the implications of that Ambition. pure statement of intent. “I know Stanford,” he said, in a succint formulation. As such, an Ambition is able to “but am not all that familiar drive change and create focus. - An Ambition is not just a lofty CHALLENGING: with UCLA Anderson.” It is helpful however to get to this desired state, but implicitly Can the Ambition be very easily statement “bottom up” through - An Ambition must be timebound. represents a choice, setting achieved? If it can’t be missed, The department chair, Jack our three lenses, building on the A rule of thumb may be 5 years an inherent guiding policy it’s not an Ambition, but simply a McDonough, responded by offering Departure Point; i.e., by defining into the future, which usually – a principle of action to projection of the way things are. the school’s party line: “We like to think what customers and human aligns to a business plan and follow that rules out a vast that we are the entrepreneurial school.” truths will be addressed, through is sufficiently distant to allow array of possible actions. CREDIBLE: what experiences, and how the for brand building, but close Can the Ambition be realistically “That’s interesting,” said Jobs. business is going to make money. enough to be grounded and - A strong Ambition should be a achieved within the timeframe? If “Which Silicon Valley entrepreneurs realistic. That said, its date will be simple, challenging but credible not, it’s merely a daydream which have come out of your program that I Articulating the Ambition through influenced by business-specific commitment. If it can’t be is not going to guide any action. would recognise?” the three lenses provides it with factors such as, for instance, missed or reached, it will fail to a robust backbone, anchoring product development timings. drive the business forward. Jack grimaced, then answered it in reality and preventing it truthfully, “There aren’t any.” from being a lofty statement. - An Ambition should be measured through one or more KPIs. “Well, then you’ve failed,” These may be monetary or Jobs said with finality. could relate to perceptions or behaviours. They may be based on Brand Strength. They could also be absolute or relative to the competition. RICHARD RUMELT GOOD STRATEGY BAD STRATEGY Interbrand Thinking 32
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Approach Now & Next New North NEEDS What human truths will we Human Truths address, for what customers? → Ethos CULTURE OFFER Through what products, Experiences services and experiences? → Field ASSETS ARENA How are we going to Economics make money? → Role MODEL ↓ ↓ ↓ Departure Ambition Purpose Point Interbrand Thinking 33
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS What it looks like An example: Ferrari AMBITION Ambition To consistently take the Ferrari experience to new heights, captivating existing and new enthusiasts, elevating the brand’s equity to contemporary luxury. ↓ ↓ ↓ ↓ ↓ ↓ HT XP E$ HT XP E$ What human What kind How are we Expressing the power of Cars, adjacencies, The economics and truths will of products, going to make passion and the beauty extensions and the arena of luxury we address, services and money? of achievement. entertainment that embody for what experiences will the power of beauty and customers? we deliver? the beauty of power in unpredictable ways. + + Gen X&Y increase on selected BSS factors KPI’s NOTE: CONFIDENTIAL AND NOT TO BE SHARED OUTSIDE OF INTERBRAND PART OF THE TEXT DELIBERATELY LEFT OUT. Interbrand Thinking 34
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Purpose and Ambition In recently celebrating the fiftieth anniversary of the Apollo 11 mission, astronaut Michael Collins, who was part of the expedition crew, emphasised how John F. Kennedy’s 1961 commitment – to put an American man on the moon within the decade – had been a powerful driving force in the Our Purpose is clear: to support years leading up to the mission. the world’s health —for health is a fundamental human right that The singlemindedness and clarity underpins every human aspiration. of that statement, Collins recalled, worked as a true north throughout Our Ambition must be to deliver the years leading up to the mission – against our triple billion target helping overcome obstacles, speed of universal health coverage; up processes, providing everyone safety from health emergencies JFK’s NASA’s with a clear aim and timeline. “We and disease; and better health could quote him, get things done, & wellbeing through Science, Ambition Purpose accelerate people,” he noted. “the Solidarity and Solutions. simplicity, the stark beauty of John Kennedy’s mandate… really DR TEDROS helped us along to the moon.” ADHANOM GHEBREYESUS “I believe that this nation should To reach for new heights and DIRECTOR GENERAL, This story provides a clear commit itself to achieving the goal, reveal the unknown for the WORLD HEALTH ORGANISATION illustration of the difference before this decade is out, of landing benefit of humankind. between Purpose and Ambition. a man on the moon and returning him safely to the Earth.” President John F. Kennedy, 1961 - Timebound - Evergreen - Measurable - Not measurable - Serves as a destination - Serves as a north star - A commitment - A principle - Is achievable one step at a time - Is never fully achievable - Sets people in motion - Gives people a direction Interbrand Thinking 35
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Trajectory What is it? A Trajectory defines the journey the brand must be on to move from its Departure Point to its Ambition. Having established where the brand needs to go, the Trajectory determines how it’s going to get there. In other words, it determines what Moves the brand is going to make from day one to grow its relevance and achieve its Ambition. A powerful Trajectory must be at once sharp and inspiring. Mastercard Pirelli Juventus In its push towards being recognised In 2010, Pirelli set a 2015 Ambition We have been helping Juventus Sharpness comes from first as the technology enabler of a world to become the global leader in the pursue its Ambition to engage with answering the question, What beyond cash, Mastercard’s Trajectory premium tyre segment. In order to high-potential audiences beyond perceptions and/or behaviours is about expanding the brand’s role do that, the brand had to change its football fans as a premium pop icon must we change in order to from being a payment system to role – from being a commodity to by setting the brand on a journey achieve our Ambition? connecting people to the things that being a coveted ingredient for the that transforms a traditional football matter most, creating engagement world’s most desired cars (based club into an attitude expressed Inspiration comes from then beyond the norms of its category. on the observation that, while across new interactions. summarising this in a simple, being indifferent to tyres, its target powerful way that everyone This Trajectory may be summarised audience was passionate about cars). Such a Trajectory can be can understand: a big idea as Meaningful experiences. summarised as Fearless off the pitch. that is compelling enough to Embodied in the Priceless platform, This Trajectory was summed up It has inspired brave moves that have inspire a variety of Moves. it has inspired moves that have in the Engineered to Excite idea, taken Juventus into unchartered created completely new touchpoints connecting the best tyre technology territory for a football club – from A sharp, inspiring Trajectory for the brand - from its Pride to the best driving experience. partnerships with the likes of Boiler acts, in all respects, as the Day activations to personalised Moves along this trajectory included Room in New York and Palace in the promise that the brand experiences, to actual restaurants - the return to F1, the celebration UK, to the development of the Icon delivers through its Moves. ultimately increasing its relevance. of the iconic Calendar and the fashion line. As a result, the brand piloting of a premium flagship has successfully grown its relevance The examples on this tyre dealership concept. far beyond the football sphere. page illustrate this. Interbrand Thinking 36
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Approach 1 2 3 ARTICULATE FOR SHARPNESS ENCAPSULATE FOR INSPIRATION STRESS-TEST FOR EFFECTIVENESS Start from addressing these It’s now time to sum up the Co-creating this with customers The Trajectory’s function is to (interconnected) questions: Trajectory into a concise, is obviously ideal - their framing inspire diverse and effective Moves compelling idea. Note that this and language around the job that – including one or more Iconic “We have started shifting How is the brand going to move from idea must not substitute the the brand does will create richness ones. So stress test the Trajectory money away from the traditional its Departure Point to its Ambition? agenda above – but, rather become in concepts and vocabulary, against the following criteria: advertising model towards more What are the perceptions the Trajectory’s headline and and help make the trajectory a use of experiential marketing... and behaviours that we must most inspiring encapsulation. concise, engaging promise. Has it got texture? Exemplify the Priceless Cities, Surprises, change, starting now? diversity of moves the Trajectory Causes, and Specials… a How are we going to increase This exercise may lead to a In the case of Pirelli, the three-point can actually inspire. Make these as significant rationalization of our the brand’s relevance? formulation that is powerful agenda was summed up into the idea realistic and tangible as possible. 168 previous activation platforms, enough to potentially serve of Engineered to Excite (which, yes, Avoid presenting a Trajectory without aiming to simplify and amplify Start listing answer statements as a tagline. Remember that’s was also briefly used in campaigns). some prototypes of related Moves. the things that we believe really beginning with “by”. not the goal, though. matter to our consumers..” Has it got longevity? A Trajectory’s DESIRE Don’t try to simplify – yet – and Many powerful trajectories combine role is to act as a platform for RAJA RAJAMANNAR, don’t be abstract. Seek clarity. A utility and desire by combining investment. Therefore, it should CHIEF MARKETING & powerful Trajectory always starts explicitly a functional and an avoid becoming quickly obsolete. COMMUNICATIONS from a pragmatic marketing agenda emotional benefit, and/or using OFFICER, MASTERCARD expressed in one or a few sharp points. a metaphor or analogy to push Is it authentic? Is the Trajectory utility into an emotional sphere. a promise that can be delivered For Pirelli, for instance, we through its moves. concluded that the Ambition of An approach to conceive a leading the premium segment trajectory is therefore to start by Does it express a relevant benefit? A could be pursued in three ways: brainstorming the functional and Trajectory is ultimately a promise of emotional benefits that the brand what the brand will deliver through 1. By shifting the brand’s role aspires to deliver in addressing its its moves. Remember, the journey to a high value ingredient. human truth. Open the exploration towards an Ambition is a brand’s 2. By celebrating the brand’s to different terms. Use creative journey to increase relevance. technological edge. techniques to build metaphors and 3. B y connecting it to premium analogies that can be inspiring lifestyle experiences. and universally understandable. UTILITY Interbrand Thinking 37
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Moves Talent and Organisation Drivers and attributes Participation to shaping trends Rethink the category’s desire/utility orientation By creating a shadow board of Millennials, Gucci built an Harley-Davidson is an inspiring example of how to compete With Nike+, Nike has not only created a community The creation of the Moleskine Cafè was a move aimed at exceptional understanding of their desired audience, making on drivers of choice that deviate from the category norm, and data platform - it is riding the rising wave of accelerating a critical shift in the business’s perception - What are Moves? customers part of their decisions - as well as ambassadors. creating and monetising a high role of brand. wellness and health consciousness. from functional stationery to a creative ecosystem. A Move is a visible strategic action that implies a credible Channels Improved New categories Launch a new brand commitment from the business, interactions making it vulnerable in the absence of follow through. Moves are therefore not simply Apple opened its stores at a time when consumer GE leapt ahead of the conversation about sustainability by aunching a standard-setting new business that, according campaigns or announcements, electronics was withdrawing from physical retail. By building new partnerships and addressing new to Fast Company, “became the lynch pin of a remarkably The stores fuelled the brand’s myth and accelerated Uber disrupted a legacy category by using technology categories, Juventus is shifting consumer expectations, successful reinvention of GE, (and) the foundation of the but credible commitments that the business along its trajectory towards luxury. to remove friction and barriers, and leverage data. as well as attracting new audiences. company’s future.” require a follow through. Moves must be meaningful. They must add an emotional or Partnerships Complementary Refocus or expand Reframe the category functional value to people’s lives. and M&As Products and the target audience Services Most importantly, moves are not merely about communications – and this gives us an immense The Louis Vuitton-Supreme collaboration brought the permission field. marriage between luxury and streetware to scale, By expanding its offer to local experiences and, more Born as the quintessential B2C business, Amazon Starbucks reimagined the role of coffee shops, reframing changing the luxury zeitgeist and creating a blueprint recently, building design, AirBnB has moved successfully has successfully expanded its target audience to them as the third place - a space outside the home and work for many subsequent collaborations. towards epitomising the notion of belonging. the B2B audience, reaching massive scale. where people can gather and build a sense of community. There are, however, types of moves that are more frequent and/or successful than others. Business Model Alternative Customer Social commitment and Customer industries engagement Relationship Adobe was one of the pioneers in moving from A significant portion of Red Bull’s organisation focuses on Yvon Chouinard founded Patagonia so that people could one-and-done software purchases to a business model A bold move from Amazon a few years ago: create content and experience creation. Red Bull has captivated explore wild places, which led him to believe the company with predictable revenue, more innovation and the use and market the Kindle – in theory, the strongest audiences worldwide through moves along a single should also protect them. In 2019, Patagonia redefined itself of data to drive customer understanding and interactions. threat to its original core business - books. trajectory - ‘Giving You Wings’. as being “in business to save our home planet.” Interbrand Thinking 38
INTRODUCTION • CONTEXT • OUR PHILOSOPHY • OUR APPROACH • OUR METHODOLOGY • ICONIC MOVES • BRAND STRENGTH • OUR WAY OF WORKING • FAQS • OUR BEHAVIOURS → DEPARTURE POINT → PURPOSE → AMBITION → TRAJECTORY → MOVES → FEEL → SIGNATURES → BEHAVIOURS Conditions Customer Conditions Operational Conditions Competitive Conditions Performance Conditions for Moves Customers must work hard to create a cost-efficient solution. There are low value-adding intermediaries, typically creating The products, services and experiences provided by different Average NPS in the industry is low, with no competitor standing out. an opaque cost structure. operators are interchangeable. Moves should always There are some unserved or There is a low average Role of Brand underserved customer segments. There is strong staff turnover. The industry is highly fragmented. in the category, with no outliers. be inspired by a There is widespread friction The business is siloed There is declining loyalty in There is high pressure on price dissatisfaction with and frustration with the category. internally, with a negative the category, with customers impact on the experience. switching frequently. There is margin erosion the status quo. One or more of the standard practices collides with the The business or category The industry is highly concentrated. Innovation is becoming incremental cultural/social climate. is losing customer contact and showing decreasing returns. and data to other players. New businesses are entering the The four areas on this page are There is a strong information market with new business models. Revenue is highly volatile. populated with examples of some asymmetry between customers Innovation is R&D led, not of the most typical conditions and businesses. customer collaboration led. High regulatory barriers are for a move, leading to four discouraging innovation. typical impacts of a move. Customers are using There are inefficiencies and no outdated technology. network effects in the supply chain. The business’s skills or This array of conditions is technology could be employed usually a good place to start. There are no premium or The organisation is lacking to create a new proposition value options for clients. a service mindset. Compare this with what has been The category has limited and/ unearthed in the Departure Point. or low engagement interactions Subsequently, use the types with its end customers. of Moves on the page before ↓ ↓ ↓ ↓ to start narrowing the possible spectrum of potential Moves. Meet customer Evolve the Drive choice Sustaining and expectations organisation and loyalty improving performance Interbrand Thinking 39
You can also read