THE FUTUREBRAND INDEX 2021 - REASON WHY
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FUTUREBRAND INDEX 2021 INTRODUCTION Twelve months ago, and against the backdrop of a global pandemic and other significant disruptions, we unveiled the FutureBrand Index (FBI) 2020 – a first look of how brands were faring, and a glimpse at how customer sentiments and expectations were being reframed. Today we follow up with the FutureBrand Index 2021, at a time when it is becoming increasingly clear that the experience of 2020 super-charged public worry as our worst fears for our health, wealth, environment and society were escalated and conflated. Amidst the chaos however, lies great opportunity. For the first time, we have real change at the top of our Index. Only Apple has stayed the course. What our research reveals is that today’s thriving companies are those prioritising innovation to consistently impact individual well-being and drive change for good at scale. There are some familiar names but its the newcomers to which company managers might wish to pay most attention. Alongside a renewed focus on corporate purpose and an elevation of ESG-orientated behaviours, we predict Looking a new era of opportunity for companies that create the platforms and infrastructures on which human life can thrive into the future. From energy to entertainment, consumer staples to corporate finance, those companies that are able to convince customers, employees and Beyond investors, today, that their approaches and offerings will be category defining tomorrow, will enjoy long-term and significant competitive advantage. Armed with a unique dataset, established over seven The Pandemic years of research, FutureBrand are perfectly placed to not only assess which brands will rise to the challenge ahead, but also advise on how those who are missing the mark can recalibrate to seize the opportunity. 2 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 3
FUTUREBRAND INDEX 2021 CONTENTS 01 Why the 2021 06–13 04 Sector by Sector 84–115 FutureBrand Index 4.1 Technology 86 matters 4.2 Consumer Discretionary (previously Consumer Services 92 ) 4.3 Consumer Staples (previously Consumer Goods) 98 4.4 Healthcare 104 4.5 Financials 110 02 New for 2021 14–31 2.1 The Top 20 16 05 Summary 116–121 2.2 What’s New and What’s Important 18 06 Notes and 122–126 03 The Top 100 Brands 32–83 Methodology 3.1 3.2 The Top 100 Brands The Top 5 34 44 Detail 3.3 The Top 5 Risers 58 3.4 The Top 5 Fallers 72 3.5 Who’s In, Who’s Out in 2021 78 4 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 5
FUTUREBRAND INDEX 2021 Why the 2021 FutureBrand Index 01. Matters 6 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 7
WHY THE 2021 FUTUREBRAND INDEX MATTERS The FutureBrand Index Brand is a global brand perception study that reorders PwC’s Global Top 100 Companies by Market Cap on perception strength rather than financial strength. Unlike a number of other reports, the FutureBrand Index is not based on consumer research. Instead, it prioritises the calibre of people it surveys, choosing only to speak to informed professionals who are in key positions and have compelling and pivotal opinions. As a result, our data gives us an insight into the minds of those with their fingers already on the pulse; business leaders, decision makers and market watchers. This data helps us identify and track where a company is already strong and what needs to be prioritised moving forward and over time to ensure continued growth and success. Perception Adding further weight to our insights is the fact that – like last year – our research was conducted at a pivotal moment in the pandemic saga as the global community took stock of just over 12 months of isolations, lockdowns and re-emergence. 8 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 9
WHY THE 2021 FUTUREBRAND INDEX MATTERS METHODOLOGY We work with QRi Consulting, INFORMED Professionals: 18,000 our global research partner and a respected specialist Personality Has strong and in brand, communication, engaging personality GLOBAL REACH Countries: Premium Has products and/or 17 product strategy and tactics. Story services that people Has a clear and value more than their defined story competitors Resource Management With more than three decades of experience, Acts ethically to maintain a sustainable Trust Is a trusted brand the depth and breadth of QRi’s research is environment perfectly suited to our work. Indispensability Consistency People depend Delivers a consistent In conjunction with QRi Consulting, over the last on the brand experience to customers seven years we have spoken to a global audience of 18,000 informed professionals from 17 countries Individuality Seamlessness Meets customer Is distinctive who were aware of and knew something about at and different needs at every touchpoint least seven of the top 100 companies of that year. Purpose Experience For a more detailed breakdown of our methodology, Thought Leadership Has strong ideas People Well-known for the please see page 124. and principles quality of its people Innovation Creates products Pleasure and services that A pleasurable brand are genuinely useful Authenticity Well-being Has the credibility Contributes to and authenticity to people’s well-being achieve its vision Inspiration Respect Inspires change Respects and for the better enhances people’s lives Mission Has a clear sense of the future 10 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 11
WHY THE 2021 FUTUREBRAND INDEX MATTERS TRENDS AND THE PANDEMIC EFFECT This is inherently linked to Well-being and Linking all of our success Quality of Life, with customers reappraising stories this year is the and engaging with brands that support the totality of human life, not just the aspects concept of Consistency. associated with their products or services. The ability to grow brand Comparing and contrasting last year’s Index with the 2021 ranking has also revealed much perception across a wide about the impact of the pandemic. It’s now variety of attributes – and increasingly likely that the anticipated return to pre-pandemic norms will be far more gradual to do so both within and than once thought and that the companies once thought of as being secure at the top beyond a company’s given cannot rest on their laurels. sector – appears to be Customer-facing companies are also no longer top dogs – we’re experiencing the ascent of increasingly critical to B2B as public awareness of how these formally success as customers and behind-the-scenes giants are now present in our daily lives. all other stakeholders look for and expect seamless and transparent execution in order to get back to ‘feeling good’ after the tumultuous year that was 2020. 12 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 13
FUTUREBRAND INDEX 2021 New For 02. 2021 14 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 15
NEW FOR 2021 THE TOP 20 2.1 The Top 20 As our Global Top 100 FBI Global Ranking 2021 2021 vs 2020 Company FBI Global Ranking 2020 PwC 2021 Position 1 7 ASML Holdings 8 31 table shows, it’s all change 2 1 Apple 1 1 at the top – indeed, only 3 8 Prosus NV 11 57 Apple has managed to 4 12 Danaher Corp 16 70 hold onto its spot in the 5 8 NextEra Energy 13 82 Top Five, as the last 6 19 TSMC 25 11 12 months have recast 7 2 Kweichow Moutai 5 16 the deck and brought 8 7 Ping An Insurance 15 40 other, perhaps unexpected, 9 7 Reliance Industries 2 58 companies to the fore. 10 3 Microsoft 7 3 We’ll examine some of this in more detail 11 13 Amazon RGB 24 PMS 186 4 in our sector snapshots later on in the report, but first here’s the crucial Top 20. 12 2 Toyota 14 32 13 10 Samsung 3 15 14 9 Tesla 23 8 15 6 Intel 21 30 16 2 Medtronic 18 72 17 5 AbbVie 22 55 18 6 AIA Group 12 86 19 8 Johnson & Johnson 27 14 20 45 Tata Consultancy 65 69 16 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 17
NEW FOR 2021 WHAT’S NEW AND WHAT’S IMPORTANT 2.2 Failing to keep up Threats to Future Success 2020 2021 with technology Technology adoption 15% and innovation and integration 15% 16% are perceived Changing customer tastes/expectations 14% 13% to be the key Corporate reputation and trust 13% threats to future Failure to engage diverse audiences and talent N/A 10% success for Climate change/ Finite essential 12% companies. resources 10% Leadership 10% challenges/ Workplace culture 10% 7% Organization’s innovation pipeline 9% Current skills/ 7% capabilities of an organization 8% 9% New entrants/ Start ups 6% 6% Protecting their price premium 5% 0% 20% 18 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 19
NEW FOR 2021 WHAT’S NEW AND WHAT’S IMPORTANT Personal well-being dominates worries for the future, undoubtedly influenced by the effects of the pandemic over the last year. 20 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 21
NEW FOR 2021 WHAT’S NEW AND WHAT’S IMPORTANT So, who are the winners? Positive Impact: Environment RGB 2 Apple and Society 1 Companies that are seen to enable and have 11 13 Amazon a positive impact on our Environment and Society today and in the future are perceived to; 36 4 Alphabet Bring people together 14 9 Tesla Be inclusive, focussing on diversity and equality 10 3 Microsoft Be focussed on ecological solutions Be greener, showing efforts to reduce carbon footprint Care about employees Care about and support the local community “Amazon is huge and cares Provide necessary and needed everyday about this planet. They are products/services actively working towards Be innovative and visionary ethnic diversity among Contribute to global and local causes Have a positive impact on the community their employees. They are Improve Quality of Life working towards less of a carbon footprint by using all-electric delivery.” NORTH AMERICAN PROFESSIONAL 22 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 23
NEW FOR 2021 WHAT’S NEW AND WHAT’S IMPORTANT So, who are the winners? Positive Impact: Social Justice 11 Amazon and Equity 13 Companies that are seen to enable and have 2 1 Apple a positive impact on our Social Justice and Equity today and in the future, are perceived to focus on: 36 4 Alphabet Diversity, Equality and Inclusion 10 3 Microsoft Giving back to the community Supporting those who are underprivileged 49 12 facebook Looking after its employees Being against discrimination and injustice Bringing people together Being committed to social causes Standing up for people’s rights “Facebook has been Running social programmes and initiatives supporting lots of features Always innovating to improve Quality of Life focusing on safety and inequalities happening. And also condemning any racial inequalities happening aground the globe.” NORTH AMERICAN PROFESSIONAL 24 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 25
NEW FOR 2021 Top 5 companies committed to Diversity, Equity and Inclusion, providing products and services doing good for all of society: ASML Prosus NV NextEra Energy Danaher Corp Kweichow Moutai 26 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 27
NEW FOR 2021 WHAT’S NEW AND WHAT’S IMPORTANT RGB Top 5 ‘Moving ahead in 3 years’ Companies perceived to be 2 Apple moving ahead, 1 14 Tesla have a strong 9 purpose and 36 4 Alphabet a clear vision 6 19 TSMC for the future. 30 15 Pfizer The key drivers for moving ahead in three years’ time are: Has a clear sense of the future Has the credibility and authenticity to achieve its vision Inspires change for the better “Tesla have created genuinely innovative products that will fit into the future of automobiles instead of just making automobiles that satisfy current needs.” NORTH AMERICAN PROFESSIONAL 28 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 29
NEW FOR 2021 WHAT’S NEW AND WHAT’S IMPORTANT Reasons to Reasons to want want to work to buy products for a company and services Personal development, making a lasting difference and being valued from a company appear to be uppermost when it With a myriad of brands selling an comes to choosing where to work: incalculable number of products and services, the main reasons behind Provides inspiration for change final purchase decisions are changing: They employ quality people Emotional attachment – a trusted company Respects and enhances lives Has a credible authentic vision Creates genuinely useful innovations Top 5 Top 5 30 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 31
FUTUREBRAND INDEX 2021 The Top 100 03. Brands 32 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 33
FUTUREBRAND INDEX 2021 THE TOP 100 BRANDS / 1–20 FBI Global 2021 Company FBI Global PwC 2021 Sector FBI Global 2021 Company FBI Global PwC 2021 Sector Ranking vs Ranking Position Ranking vs Ranking Position 2021 2020 2020 2021 2020 2020 1 7 8 31 Technology 11 13 RGB PMS 186 24 4 Consumer Discretionary 2 1 1 1 Technology 12 2 14 32 Consumer Discretionary 3 8 11 57 Technology 13 10 3 15 Technology 4 12 16 70 Healthcare 14 9 23 8 Consumer Discretionary 5 8 13 82 Utilities 15 6 21 30 Technology 6 19 25 11 Technology 16 2 18 72 Healthcare 7 2 5 16 Consumer Staples 17 5 22 55 Healthcare 8 7 15 40 Financials 18 6 12 86 Financials 9 7 2 58 Energy 19 8 27 14 Healthcare 10 3 7 3 Technology 20 45 65 69 Technology 34 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 35
FUTUREBRAND INDEX 2021 THE TOP 100 BRANDS / 21–40 FBI Global 2021 Company FBI Global PwC 2021 Sector FBI Global 2021 Company FBI Global PwC 2021 Sector Ranking vs Ranking Position Ranking vs Ranking Position 2021 2020 2020 2021 2020 2020 21 9 30 12 Industrials 31 3 34 85 Consumer Staples 22 18 4 24 Technology 32 – NEW ENTRY 39 Technology 23 10 33 38 Consumer Staples 33 27 6 47 Consumer Discretionary 24 – NEW ENTRY 73 Consumer Staples 34 24 10 36 Consumer Discretionary 25 29 54 (2018) 66 Consumer Discretionary 35 4 39 59 Healthcare 26 9 17 21 Consumer Discretionary 36 4 40 5 Technology 27 – NEW ENTRY 96 Consumer Discretionary 37 22 59 23 Consumer Staples 28 63 91 2 Energy 38 2 36 18 Industrials 29 37 66 20 Consumer Discretionary 39 19 58 19 Healthcare 30 15 45 49 Healthcare 40 9 49 45 Healthcare 36 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 37
FUTUREBRAND INDEX 2021 THE TOP 100 BRANDS / 41–60 FBI Global 2021 Company FBI Global PwC 2021 Sector FBI Global 2021 Company FBI Global PwC 2021 Sector Ranking vs Ranking Position Ranking vs Ranking Position 2021 2020 2020 2021 2020 2020 41 7 48 79 Technology 51 19 70 61 Financials 42 33 9 28 Industrials 52 2 54 51 Financials 43 5 38 26 Consumer Staples 53 17 36 (2016) 99 Consumer Discretionary 44 24 20 43 Consumer Discretionary 54 14 68 44 Financials 45 27 72 95 Telecommunications 55 24 79 52 Consumer Staples 46 20 26 88 Healthcare 56 5 51 (2018) 90 Industrials 47 15 62 87 Basic Materials 57 12 69 9 Consumer Discretionary 48 5 53 41 Telecommunications 58 17 75 33 Telecommunications 49 12 37 6 Technology 59 5 64 100 Consumer Staples 50 33 83 10 Financials 60 15 45 (2018) 67 Basic Materials 38 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 39
FUTUREBRAND INDEX 2021 THE TOP 100 BRANDS / 61–80 FBI Global 2021 Company FBI Global PwC 2021 Sector FBI Global 2021 Company FBI Global PwC 2021 Sector Ranking vs Ranking Position Ranking vs Ranking Position 2021 2020 2020 2021 2020 2020 61 5 56 46 Healthcare 71 2 73 60 Healthcare 62 5 67 89 Healthcare 72 17 89 76 Financials 63 35 28 29 Healthcare 73 44 29 81 Energy 64 20 84 22 Financials 74 9 65 (2016) 78 Technology 65 8 57 7 Technology 75 34 41 17 Consumer Discretionary 66 6 60 37 Technology 76 32 44 65 Consumer Discretionary 67 21 46 97 Healthcare 77 1 76 27 Financials 68 37 31 71 Healthcare 78 26 52 94 Telecommunications 69 34 35 48 Technology 79 – NEW ENTRY 62 Telecommunications 70 19 51 25 Consumer Discretionary 80 12 92 50 Energy 40 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 41
FUTUREBRAND INDEX 2021 THE TOP 100 BRANDS / 81–100 FBI Global 2021 Company FBI Global PwC 2021 Sector FBI Global 2021 Company FBI Global PwC 2021 Sector Ranking vs Ranking Position Ranking vs Ranking Position 2021 2020 2020 2021 2020 2020 81 61 20 (2018) 80 Industrials 91 8 99 91 Financials 82 = 82 98 Financials 92 1 93 34 Telecommunications 83 6 77 54 Healthcare 93 14 79 (2016) 83 Industrials 84 41 43 56 Technology 94 16 78 63 Industrials 85 – NEW ENTRY 93 Consumer Discretionary 95 – NEW ENTRY 75 Telecommunications 86 1 87 84 Industrials 96 2 98 13 Financials 87 37 50 53 Technology 97 = 97 68 Financials 88 7 81 77 Industrials 98 2 96 35 Energy 89 34 55 74 Consumer Discretionary 99 4 95 64 Technology 90 4 86 42 Telecommunications 100 = 100 92 Consumer Staples 42 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 43
FUTUREBRAND INDEX 2021 The 03.2 Top Five 44 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 45
THE TOP 100 BRANDS THE TOP FIVE So, what sets the Top Five FBI Global Ranking 2021 vs Company FBI Global Ranking PwC 2021 Position apart from the rest, and how 2021 2020 2020 have they made it to the top after an extraordinary year? 1 7 8 31 This year’s Top Five is dominated by companies either in the technology space or linked to it 2 1 1 1 in some way. Aside from Apple – the sole company to have held onto its Top Five spot from 2020 – each of this year’s entrants have experienced a 3 8 11 57 significant jump in standing over the last 12 months. All of them are credible and compelling examples of delivering customer experiences that bring 4 12 16 70 their higher order purpose to life - and specifically in ways that suggest they are ahead when it comes to creating the platforms and infrastructures on 5 8 13 82 which human life can be maintained and enhanced in the future. 46 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 47
THE TOP 100 BRANDS THE TOP FIVE “They make chips that have become essential to very many things 1 7 ASML Holdings Last year ASML made an impressive entry to the FutureBrand Index, making its debut at number eight. This year, it continued to build on we take for granted.” its momentum across all attribute sets, delivering NORTH AMERICAN PROFESSIONAL high scores across the board and demonstrating a particularly strong showing across both its Purpose and Experience attribute sets. Having cornered the market in the global electronics supply chain, as the sole manufacturer FutureBrand of the most advanced equipment critical to Dashboard Key modern chipmaking, ASML found itself at the 1. Personality 2. Story centre of the global chip shortage which has 3. Attachment 4. Consistency threatened to disrupt life as we know it – impacting 5. Seamlessness 6. People everything from cars to consumer technology. ASML – Today and 3 Years’ Time (Q11 & Q12) 7. 8. Pleasure Well-being Moving ahead in 3 years’ time average = 59% 9. Respect With this in mind, it is reasonable to expect 10. Mission 11. Inspiration strong perception performance on attributes like 12. Authenticity 70 13. Innovation Innovation, Indispensability, and the quality of its 14. Thought Leadership 15. Individuality People - but it also brings Pleasure, contributes 16. Indispensability 60 17. Resource Management to human Well-being and has a great Story too. 18. Premium 2020 This cross-attribute performance is the key to 55% 54% 2021 meeting the diverse demands and expectations 50 18 1 2 of today’s public and, right now, this company 40 17 3 is out in front – even ahead of the mighty Apple. 16 4 30 Q11: For each of these companies please tell us where it us where it is 28% 27% 15 5 today? (Falling Behind, Standing Still, Moving Ahead) 20 ASML 19% “It is an up-and- 14 6 Q12: Where do you see these companies being in 3 years’ time? 17 % (Falling Behind, Standing Still, coming giant.” Moving Ahead) 10 13 7 Today 12 8 Falling Behind Standing Still Moving Ahead 11 9 3 Years’ Time % 10 NORTH AMERICAN PROFESSIONAL 48 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 49
THE TOP 100 BRANDS THE TOP FIVE “ Technology is ever changing, and Apple is a company that is 2 1 Apple Last year, Apple wrestled back the crown and took top billing in the FutureBrand Index, having last occupied the number one spot in 2016. always looking forward However, the tech company’s second place and exploring how to position this year is not notable for the fact that it has dropped, but rather for the fact that it is improve its products.” the only brand from 2020 which has managed to hold on to a Top Five spot. ASIA PACIFIC PROFESSIONAL Add to that the fact that Apple has consistently FutureBrand ranked in the top four since the inception of Dashboard Key the FutureBrand Index and it’s clear that there 1. Personality 2. Story is much that can be learned from the technology 3. Attachment 4. Consistency giant. In the last seven years, the majority of 5. Seamlessness 6. People the company’s attribute scores have increased Apple – Emotional Connection (Q6) 7. 8. Pleasure Well-being year-on-year, demonstrating Consistency 9. Respect 10. Mission in evolution – which has been noted by 11. Inspiration 12. Authenticity our respondents. 13. Innovation 14. Thought Leadership Distant 4% 15. Individuality Pleasure is one of its strongest Experience 16. Indispensability 17. Resource Management attributes, and passion for the brand continues 18. Premium 2020 to ride high at 46% (the same score as in 2020). 2021 Indifferent 10% 1 18 2 17 3 Close 9 % 16 4 Q6: Thinking about your gut feeling “Apple has always about each of these companies 15 5 please put each company into one of these boxes – Passionate, Admiration 30% Apple been forward Admiration, Close, Indifferent, 14 6 Distant. For example if you feel passionate about any of them, put them into passionate. You can put thinking.” 13 7 them in as many boxes as you like Passionate 46% or none. 12 8 11 9 0% 50% 10 NORTH AMERICAN PROFESSIONAL 50 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 51
THE TOP 100 BRANDS THE TOP FIVE “ It’s emphasis and direction with technology, internet and start-up incubation 3 8 Prosus NV Another new entrant last year, when it came in at 11 in the ranking, Prosus NV has climbed 8 places since 2020 to secure the number aligns well with the direction three spot. Like ASML, Prosus NV is fundamental business, consumer to enabling us to live life as we wish; as Europe’s largest consumer internet company and one usage and participation of the largest technology investors in the world, Prosus NV’s activity is instrumental in ensuring are moving into the future.” businesses, individuals and governments are MIDDLE EASTERN (ME)/AFRICAN PROFESSIONAL able to function. FutureBrand Dashboard Key Helping it secure the number three spot is – 1. Personality 2. Story like its Top Five peers – a steady increase in 3. Attachment 4. Consistency all attributes, with a particularly strong showing 5. Seamlessness 6. People for delivering an engaging Experience at every Prosus NV – Emotional Connection (Q6) 7. 8. Pleasure Well-being touchpoint and delivering sustainable value. 9. Respect 10. Mission 11. Inspiration According to our respondents, the technology 12. Authenticity 13. Innovation company is also considered to be redefining 14. Thought Leadership Distant 3% 15. Individuality the category – further reflected in the fact 16. Indispensability 17. Resource Management that admiration for Prosus NV is at a respectable 18. Premium 2020 32% and that 52% of our respondents predicted Indifferent 15% 2021 it would still be moving ahead in three years’ time. 1 18 2 17 3 Close 19 % “Their services and 16 4 Q6: Thinking about your gut feeling products are leaders about each of these companies 15 5 please put each company into one of these boxes – Passionate, Admiration 32% Prosus NV and productivity Admiration, Close, Indifferent, 14 6 Distant. For example if you feel passionate about any of them, put them into passionate. You can put is very high.” 13 7 them in as many boxes as you like Passionate 31% or none. 12 8 11 9 0% 35% 10 ME/AFRICAN PROFESSIONAL 52 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 53
THE TOP 100 BRANDS THE TOP FIVE “It is dedicated to the quality of water to give environmental solutions 4 12 Danaher Corp Coming in at number four, Danaher is the only healthcare company in 2021’s Top Five. Yet another new entrant in 2020 – when it and is at the forefront was ranked number 16 – we predicted last in many respects.” year that it was likely to become a future staple of the Index. This Fortune 500 science LATIN AMERICAN (LATAM) PROFESSIONAL and technology innovator, whose sales range from diagnostics and life-sciences research equipment to environmental fields – managed to climb 12 places in the last 12 months, FutureBrand Dashboard Key demonstrating a fairly well-rounded set of 1. Personality results and an increase in all attribute scores. 2. Story 3. Attachment 4. Consistency What’s especially noteworthy is how a healthcare 5. Seamlessness 6. People company has grown its associations with Danaher Corp – Emotional Connection (Q6) 7. 8. Pleasure Well-being Personality, Story and Pleasure almost as much 9. Respect 10. Mission as Mission, Thought Leadership and Authenticity – 11. Inspiration 12. Authenticity the latter attributes more naturally connected to 13. Innovation 14. Thought Leadership the provision of healthcare solutions and services. Distant 6% 15. 16. Individuality Indispensability 17. Resource Management 18. Premium 2020 2021 Indifferent 15% 1 18 2 17 3 Close 27 % 16 4 Q6: Thinking about your gut feeling about each of these companies 15 5 please put each company into one of these boxes – Passionate, Admiration 28% Danaher Corp “ It has very good Admiration, Close, Indifferent, 14 6 Distant. For example if you feel passionate about any of them, put them into passionate. You can put brand satisfaction.” 13 7 them in as many boxes as you like Passionate 25% or none. 12 8 11 9 0% 50% 10 ASIA PACIFIC PROFESSIONAL 54 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 55
THE TOP 100 BRANDS THE TOP FIVE “ Their target is to revolutionise the energy industry towards 5 8 NextEra Energy With its focus on renewable energy, especially solar and wind, last year we noted that NextEra Energy was an exciting entrant in the FutureBrand sustainable energy.” Index 2020 Top 20. NORTH AMERICAN PROFESSIONAL Since then, the energy company has continued to go from strength to strength, increasing all its attribute scores in the last 12 months. The only utilities representative in this year’s Top Five, the company scores more strongly FutureBrand on its Experience attributes than Purpose, with Dashboard Key Mission coming in as its strongest single attribute. 1. Personality 2. Story 3. Attachment Reflecting its focus on delivering a sustainable 4. Consistency 5. Seamlessness future through alternative energy solutions 6. People NextEra Energy – Today and 3 Years’ Time (Q11 & Q12) 7. Pleasure is the fact that 69% of our respondents felt 8. Well-being Moving ahead in 3 years’ time average = 59% 9. Respect that the company would still be moving ahead 10. Mission 11. Inspiration of others in three years’ time, 10% higher than 12. Authenticity 70 13. Innovation our Index average. 70% 69% 14. Thought Leadership 15. Individuality 16. Indispensability 60 17. Resource Management 18. Premium 2020 2021 50 1 18 2 40 17 3 16 4 30 Q11: For each of these companies “Future-energy please tell us where it us where it is 15 5 today? (Falling Behind, Standing Still, 23% 24% NextEra Energy Moving Ahead) 20 sustainability, a leader 14 6 Q12: Where do you see these companies being in 3 years’ time? (Falling Behind, Standing Still, in solar energy.” Moving Ahead) 10 13 7 7 % 7 % Today 12 8 Falling Behind Standing Still Moving Ahead 11 9 3 Years’ Time % 10 EUROPEAN PROFESSIONAL 56 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 57
FUTUREBRAND INDEX 2021 The Top Five 03.3 Risers 58 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 59
THE TOP 100 BRANDS THE TOP FIVE RISERS All but one of this year’s TOP RISER: FBI Global 2021 Company FBI Global PwC 2021 Saudi Aramco 63 Ranking vs Ranking Position Top Five performers were 2021 2020 2020 promising new entrants or movers and shakers 28 63 91 2 in 2020. 20 45 65 69 With that in mind, what do 2021’s Top Five Risers tell 29 37 66 20 us about what’s going on today and where things 50 33 83 10 might go tomorrow? 45 27 72 95 60 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 61
THE TOP 100 BRANDS THE TOP FIVE RISERS “Consistent and financially stable. One of the leaders 28 63 Saudi Aramco Coming in at a lowly 91st place in the FutureBrand Index 2020 – despite topping PwC’s Top 100 companies by market capitalisation list in the same in this industry.” year – this oil and gas giant is making good on its EUROPEAN PROFESSIONAL ambition to shift perceptions around its Mission and Purpose and, in particular, how that relates to Respect and care for human life and Innovation. This shift has enabled Saudi Aramco to climb 63 places to number 28 in this year’s Index. FutureBrand Indeed, since its partial IPO, perceptions of the oil Dashboard Key and gas powerhouse have ‘rounded out’ markedly, 1. Personality 2. Story with a particularly strong showing on Mission and 3. Attachment 4. Consistency a recognition of its ability to redefine the energy 5. Seamlessness 6. People category. As with ASML, Apple and Prosus NV, it’s Saudi Aramco – Today and 3 Years’ Time (Q11 & Q12) 7. 8. Pleasure Well-being the company’s ability to drive brand perceptions Moving ahead in 3 years’ time average = 59% 9. Respect 10. Mission not typically associated with its sector that is 11. Inspiration 12. Authenticity most impressive and suggest its future potential. 70 13. Innovation 14. Thought Leadership Providing a sense of Inspiration and pushing its 15. Individuality 16. Indispensability Mission alongside a renewed Personality and Story 17. Resource Management 60 18. Premium are not perhaps what one might have expected 2020 2021 to see in just over 12 months since we first 50 49% benchmarked Saudi Aramco, but indicate that 47% 18 1 2 its upward trajectory has only just begun. 40 17 3 37% 16 4 30 33% Q11: For each of these companies please tell us where it us where it is 15 5 today? (Falling Behind, Standing Still, Saudi Moving Ahead) Aramco 20 “It has great 14 6 Q12: Where do you see these companies being in 3 years’ time? 17% 18% (Falling Behind, Standing Still, 10 potential.” Moving Ahead) 13 7 Today 12 8 Falling Behind Standing Still Moving Ahead 11 9 3 Years’ Time % 10 ASIA PACIFIC PROFESSIONAL 62 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 63
THE TOP 100 BRANDS THE TOP FIVE RISERS “…Very good, reliable company, delivering good consistent growth. 20 45 Tata Consultancy Tata Consultancy’s upward momentum in this year’s rankings has seen it jump 45 places to edge itself into the Top 20, with all its attribute It works for the good scores across both Purpose and Experience of society at large. It is increasing significantly in the last 12 months. As a result, nearly half of our respondents stated an excellent company and that they would like to work for the company and buy its products, coming in at 46% and has a great potential.” 44% respectively. ASIA PACIFIC PROFESSIONAL FutureBrand The move upwards for the global IT services Dashboard Key and consulting firm sees it begin to catch 1. Personality 2. Story up with another Indian behemoth, Reliance 3. Attachment 4. Consistency Industries, which has held onto its impressive 5. Seamlessness 6. People 2020 debut spot in the Top 10. Together, these Tata Consultancy – Today and 3 Years’ Time (Q11 & Q12) 7. 8. Pleasure Well-being giants are beginning to carve out a new and Moving ahead in 3 years’ time average = 59% 9. Respect 10. Mission exciting story about the business prowess 11. Inspiration 12. Authenticity and potential of India – a country that will soon 13. Innovation 70 14. Thought Leadership overtake China to become the most populous 15. Individuality 16. Indispensability in the world. 60 17. Resource Management 59% 18. Premium 2020 53% 2021 “It carries a legacy 50 1 18 2 40 17 3 and dedication behind 36% every product it 16 4 Q11: For each of these companies 30 31 % releases, I have please tell us where it us where it is 15 5 today? (Falling Behind, Standing Still, Tata Moving Ahead) 20 Consultancy tremendous faith 14 6 Q12: Where do you see these companies being in 3 years’ time? (Falling Behind, Standing Still, 10 11% in its future.” 13 7 Moving Ahead) 10% Today 12 8 Falling Behind Standing Still Moving Ahead 11 9 3 Years’ Time % 10 ME/AFRICAN PROFESSIONAL 64 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 65
THE TOP 100 BRANDS THE TOP FIVE RISERS “Large brand influence, excellent quality.” ASIA PACIFIC PROFESSIONAL 29 37 LVMH LVMH has had a mixed bag of results since the FutureBrand Index began in 2014, peaking at number 19 in 2016’s ranking, before falling sharply to number 70 in the 2018 Index. In 2020, the company began to climb the rankings once again, coming in at 66. In 2021 LVMH’s ascent has been supercharged by a growing customer focus on luxury and need to seek pleasure wherever it is accessible, in lieu of pre-pandemic freedoms. FutureBrand Indeed, it should come as no surprise then Dashboard Key that the luxury retailer’s strongest attribute 1. Personality 2. Story overall is Pleasure. Even as global lockdowns 3. Attachment 4. Consistency began to ease in early 2021, LVMH delivered 5. Seamlessness 6. People a forecast-beating first quarter driven by LVMH – Today and 3 Years’ Time (Q11 & Q12) 7. 8. Pleasure Well-being demand in the US and China as customers Moving ahead in 3 years’ time average = 59% 9. Respect 10. Mission sought to indulge and celebrate in what one 11. Inspiration 12. Authenticity of our respondents referred to as a “high 13. Innovation 70 14. Thought Leadership quality life”. 15. Individuality 16. Indispensability 60 17. Resource Management 18. Premium 57% 2020 55% 2021 50 1 18 2 40 17 3 40% 36% “People’s lives will 16 4 30 Q11: For each of these companies be more high quality; please tell us where it us where it is 15 5 today? (Falling Behind, Standing Still, Moving Ahead) 20 LVMH people cannot do 14 6 Q12: Where do you see these companies being in 3 years’ time? (Falling Behind, Standing Still, 10 without fashion.” Moving Ahead) 13 7 5% 7 % 12 8 Today Falling Behind Standing Still Moving Ahead 11 9 3 Years’ Time % 10 ASIA PACIFIC PROFESSIONAL 66 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 67
THE TOP 100 BRANDS THE TOP FIVE RISERS “… Run for years by the guru of Wall Street, Warren Buffet. He is the most knowledgeable 50 33 Berkshire Hathaway Berkshire Hathaway jumped 33 places this year to occupy the number 50 spot – a commendable effort after it slipped down to a lowly 83rd spot person about Wall Street in last year’s ranking. markets and trends. I have Working in its favour has been a slow but steady every confidence that it is still growth across all attributes, with a particularly strong showing on Story and Thought Leadership. growing into greatness and However, the company will need to continue to focus on Mission in the months and years ahead, is on the upside swing still.” FutureBrand Dashboard Key as it continues to struggle to bring its score on this attribute up to its 2018 level, when it came NORTH AMERICAN PROFESSIONAL 1. Personality 2. Story in at number 29. 3. Attachment 4. Consistency 5. Seamlessness As in previous years, Berkshire Hathaway’s 6. People Berkshire Hathaway – Today and 3 Years’ Time (Q11 & Q12) 7. Pleasure chairman and CEO Warren Buffett was seen 8. Well-being Moving ahead in 3 years’ time average = 59% 9. Respect to be closely associated to the company’s future 10. Mission 11. Inspiration successes (or failures) and therefore a key driver 12. Authenticity 70 13. Innovation of shifts in perception. Given Buffett named 14. Thought Leadership 15. Individuality a successor towards the end of our data collection 16. Indispensability 60 17. Resource Management for this year’s FutureBrand Index, it will be 18. Premium 59% interesting to observe how this impacts the 55% 2020 50 2021 company’s ranking in the months and years ahead. 1 18 2 40 41 % 17 3 38 % “They have a clear 16 4 30 Q11: For each of these companies vision, they know what please tell us where it us where it is 15 5 today? (Falling Behind, Standing Still, Berkshire Moving Ahead) 20 Hathaway they are in, they know 14 6 Q12: Where do you see these companies being in 3 years’ time? (Falling Behind, Standing Still, how to achieve it.” 10 Moving Ahead) 3% 4% 13 7 Today 12 8 Falling Behind Standing Still Moving Ahead 11 9 3 Years’ Time % 10 ASIA PACIFIC PROFESSIONAL 68 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 69
THE TOP 100 BRANDS THE TOP FIVE RISERS “This company is impressive; it is competent, it never 45 27 China Mobile China Mobile is another Chinese success story this year, making a comeback after a significant drop in perception at the height of the pandemic cease to amaze, and in 2020. it offers a very smart In particular, it has seen a marked improvement variety of services.” on its Purpose attributes and is held back only by its Personality attributes on the Experience side. ME/AFRICAN PROFESSIONAL Our respondents also perceived it as leading the way, with an above average 66% believing that FutureBrand it would be moving forward in three years’ time. Dashboard Key 1. Personality 2. Story 3. Attachment 4. Consistency 5. Seamlessness 6. People China Mobile – Today and 3 Years’ Time (Q11 & Q12) 7. 8. Pleasure Well-being Moving ahead in 3 years’ time average = 59% 9. Respect 10. Mission 11. Inspiration 12. Authenticity 70 13. Innovation 14. Thought Leadership 66% 15. 16. Individuality Indispensability 60 64% 17. Resource Management 18. Premium 2020 2021 50 1 18 2 40 17 3 16 4 30 Q11: For each of these companies “Chinese companies 15 5 please tell us where it us where it is today? (Falling Behind, Standing Still, 26% 25% China Moving Ahead) 20 Mobile are very innovative 14 6 Q12: Where do you see these companies being in 3 years’ time? (Falling Behind, Standing Still, 10 and market leaders.” Moving Ahead) 13 7 10% 9% Today 12 8 Falling Behind Standing Still Moving Ahead 11 9 3 Years’ Time % 10 ME/AFRICAN PROFESSIONAL 70 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 71
FUTUREBRAND INDEX 2021 The Top Five 03.4 Fallers 72 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 73
THE TOP 100 BRANDS THE TOP FIVE FALLERS Just as illuminating is the TOP FALLER: FBI Global 2021 Company FBI Global PwC 2021 Royal Dutch Shell 44 Ranking vs Ranking Position story told by this year’s 2021 2020 2020 fallers. Remarkably, three of this year’s biggest 73 44 29 81 fallers featured in last year’s list of Top Risers: 84 41 43 56 Taking the unwanted top spot in this list is Royal Dutch Shell, which has fallen 68 37 31 71 44 places since 2020 to come in at 73. Healthcare company Novo Nordisk bucked the general upward trend in its sector to 87 37 50 53 63 slip 37 places from 31 to 68 in the rankings. 35 28 29 Roche is another healthcare company which has experienced a downward trajectory, dropping 35 places to come in at 62. Last year, at the outset of the pandemic, all three had taken a spot on a risers list, characterised in the main by solid and stable healthcare or technology companies driven on by the serious and challenging times we faced. While some of this is likely to be attributable to natural research effects, it’s worth taking a closer look at what’s going on here. 74 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 75
THE TOP 100 BRANDS THE TOP FIVE FALLERS 73 84 All of our Top Five Fallers have seen their attribute 44 41 scores decline across both Experience and Purpose. The fact that they also tend to fluctuate, year on year, suggests they are not ‘balanced’ in the minds Royal Dutch Shell Broadcom of the public. 1 1 18 2 18 2 This further emphasises the point that companies 17 3 17 3 that are best placed to do well are those that 16 4 16 4 have a well-rounded perception set and that can project beyond their immediate sector norms. 15 5 15 5 From utilities to healthcare to business services, 14 6 14 6 every company needs to be thinking about how it plays to the totality of human well-being to thrive, 13 7 13 7 not just the immediate and expected associations 12 8 12 8 of their given sector or traditional customer. 11 9 11 9 10 10 FutureBrand 68 37 87 37 63 35 Novo Nordisk Salesforce.com Roche Dashboard Key 1. Personality 2. Story 3. Attachment 1 1 1 18 2 18 2 18 2 4. Consistency 5. Seamlessness 17 3 17 3 17 3 6. People 7. Pleasure 8. Well-being 16 4 16 4 16 4 9. Respect 10. Mission 11. Inspiration 15 5 15 5 15 5 12. Authenticity 13. Innovation 14. Thought Leadership 14 6 14 6 14 6 15. Individuality 16. Indispensability 17. Resource Management 13 7 13 7 13 7 18. Premium 2016 12 8 12 8 12 8 2018 2020 11 9 11 9 11 9 2021 10 10 10 76 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 77
FUTUREBRAND INDEX 2021 Who’s In, Who’s Out 03.5 in 2021 78 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 79
THE TOP 100 BRANDS NEW ENTRANTS IN 2021 There were FBI Global Ranking 2021 2021 vs 2020 Company PwC 2021 Position Sector a total of six new entrants 24 NEW ENTRY 73 Consumer Staples this year. 27 NEW ENTRY 96 Consumer Discretionary Chinese and Japanese players are on the rise and, forgive a moment of sentimentality, but it’s great 32 NEW ENTRY 39 Technology to see Sony back in the Top 100. 79 NEW ENTRY 62 Telecommunications 85 NEW ENTRY 93 Consumer Discretionary 95 NEW ENTRY 75 Telecommunications “Sony is a very strong brand when you think of the future and modernization.” LATAM PROFESSIONAL 80 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 81
THE TOP 100 BRANDS WHO’S OUT IN 2021 A number of Dropped out (2021 vs 2020) companies have dropped HSBC Petro China out of the PwC Sanofi Top 100 Global NTT Docomo Total Companies 2021 IBM American Tower Corp list this year. Lockheed Martin GSK Gilead Sciences Nippon Telegraph China Life Insurance BP 82 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 83
FUTUREBRAND INDEX 2021 Technology Sector Consumer Discretionary Consumer Staples Healthcare by Financials 04. Sector 84 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 85
SECTOR BY SECTOR SECTOR OVERVIEW 4.1 Technology Unlike in previous years however, when it was customer-facing tech brands which ruled the roost, this year’s technology success stories are companies which are critical behind-the-scenes enablers of the technology which underpins The technology sector our everyday lives. continues to lead the way, In particular, the widely reported and disruptive shortage of semiconductors which began at with three of this year’s the end of 2020 appears to have had a huge Top Five Risers coming impact on the perception of B2B companies which manufacture microchips and semiconductors. from this sector. In tandem, an urgent need for connectivity at home – whether for work or play - has made information technology services and internet providers like Prosus or Tata Consultancy even more indispensable. Apple is therefore particularly notable for not only having held onto a spot in the top four since the inception of the FutureBrand Index in 2014, but for also being one of the few customer-facing technology brands left standing in a year which pushed many off their pedestals. 86 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 87
SECTOR BY SECTOR SECTOR SNAPSHOT “Technology companies Technology Brands are always looking to FBI Global Ranking 2021 vs Company FBI Global Ranking PwC 2021 improve and create 2021 2020 2020 Position the next big thing.” 1 7 8 31 NORTH AMERICAN PROFESSIONAL 2 1 1 1 3 8 11 57 6 19 25 11 10 3 7 3 TECHNOLOGY TOP RISER: TECHNOLOGY TOP FALLER: 13 10 3 15 Tata Consultancy Broadcom 45 41 15 6 21 30 20 45 65 69 22 18 4 24 32 – NEW ENTRY 39 36 4 40 5 Sector Performance Score by Year Average score of all 18 Experience and Purpose Dimensions for all companies included in that sector for each year. 41 7 48 79 49 12 37 6 50 65 8 57 7 40 37% 35% 33% 33% 33% 66 6 60 37 30 29% 69 34 35 48 74 9 65 (2016) 78 84 20 41 43 56 10 87 37 50 53 % 2021 2020 2018 2016 2015 2014 99 4 95 64 88 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 89
SECTOR BY SECTOR TECHNOLOGY BIG STORIES 6 19 TSMC Chip foundry TSMC is another top riser in the technology category, following the lead of the 36 4 Alphabet Alphabet’s reach is vast. As the holding company for flagship brand Google and likes of Apple, ASML and Prosus NV in fulfilling associated businesses like YouTube, Chrome a role which is both essential to the totality of and Android, its products and services touch human well-being and driving a positive perception a global publication and is firmly embedded into over and above sector-specific attributes. our daily lives. The fact that it is regarded as a steady ship is reflected in the fact that, since The company’s rise up the ranking has been slow it first entered the FutureBrand Index in 2016, but steady, supported by consistently increasing it has maintained a fairly consistent position attribute scores year-on-year. No doubt because outside the Top 20, but still in the top half FutureBrand of its place at the heart of the global chip Dashboard Key of the rankings. This year, it has risen four places shortage, as the world’s largest contract chip 1. Personality to rank at number 36, still five below its peak in 2. Story manufacturer, it is particularly also strong on 3. Attachment 2018 at number 31. Of all its attributes, it scores 4. Consistency Indispensability. As a result, it’s now hovering just 5. Seamlessness most strongly on Innovation and Mission, followed 6. People outside the Top Five, coming in at number six, 7. Pleasure closely by Premium. 8. Well-being 19 places above where it was just 12 months ago. 9. Respect 10. Mission In terms of future potential, it’s looking rosy for 11. Inspiration 12. Authenticity the technology company, with our informed 13. Innovation 14. Thought Leadership respondents noting its potential for growth “It has very skilled 15. Individuality 16. Indispensability and propensity for Innovation. 17. Resource Management and diverse staff. 18. Premium 2020 2021 18 1 2 18 1 2 It is involved in many 17 3 17 3 areas with huge “They are a leading potential for growth, 16 4 16 4 provider of in the short and 15 5 15 5 TSMC Alphabet technology of long term. It is very 14 6 14 6 the future.” profitable and global.” 13 7 13 7 12 8 12 8 11 9 11 9 10 EUROPEAN PROFESSIONAL 10 EUROPEAN PROFESSIONAL 90 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 91
SECTOR BY SECTOR SECTOR OVERVIEW 4.2 Consumer In contrast, companies providing luxury goods or online shopping have been positively impacted by the pandemic, as consumer priorities (and Discretionary access) shifted as a result of lockdown orders. LVMH in particular has benefited from the events of the last 12 months, with its 29-place jump in the FutureBrand 2021 Index securing Unsurprisingly, companies it the accolade of being not only this category’s top riser, but also a member of the coveted associated most strongly Top Five Riser group overall. Online shopping giants Amazon and Alibaba also experienced with a bricks and mortar a boost, rising 13 and 12 places respectively. offering have suffered over the last 12 months with the likes of Walmart and McDonald’s falling sharply down the ranking. (We expect to see this rebound next year and moving forward). 92 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 93
SECTOR BY SECTOR SECTOR SNAPSHOT “People are spending Consumer Discretionary Brands more personally FBI Global Ranking 2021 vs Company FBI Global Ranking PwC 2021 in a Covid-induced 2021 2020 2020 Position RGB PMS 186 style of living.” 11 13 24 4 ASIA PACIFIC PROFESSIONAL 12 2 14 32 14 9 23 8 25 29 54 (2018) 66 CONSUMER DISCRETIONARY CONSUMER DISCRETIONARY 26 9 17 21 TOP RISER: TOP FALLERS: LVMH Walmart/Costco 27 – NEW ENTRY 96 37 34 29 37 66 20 33 27 6 47 34 24 10 36 Sector Performance Score by Year 44 24 20 43 Average score of all 18 Experience and Purpose Dimensions 53 for all companies included in that sector for each year. 17 36 99 (2016) 50 57 12 69 9 40 35% 33% 70 19 51 25 29 % 29 % 27% 30 26% 75 34 41 17 20 76 32 44 65 10 85 – NEW ENTRY 93 % 2021 2020 2018 2016 2015 2014 89 34 55 74 94 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 95
SECTOR BY SECTOR CONSUMER DISCRETIONARY BIG STORIES 25 29 (2018) Volkswagen Volkswagen has gone up an impressive 29 places since it last appeared in a 11 13 Amazon It should come as no surprise that Jeff Bezos’ behemoth continues to go from strength to FutureBrand Index in 2018. Today, it comes strength in a year when the majority of the world in at number 25 – a respectable placing has experienced a series of stay-at-home orders. for a brand which has worked hard to An increase in attributes across the board this rehabilitate its image in the last decade. year saw it rise 13 places to number 11, just shy Although it has yet to replicate its 2014 of a coveted Top Ten spot. placement at 17, a strong focus on Story But don’t think its success is just down to function – as its single strongest attribute and an the company’s strongest attributes in 2021 are increase overall on the Experience attributes FutureBrand Mission and Pleasure. The breadth of its offering, Dashboard Key set mean that it is once again a brand from AWS to logistics and streaming content, 1. Personality to watch in the automotive space. 2. Story mean it is well placed to fulfil a wide variety of 3. Attachment 4. Consistency What stands out from our informed public needs and save it from being boxed into 5. Seamlessness 6. People respondents’ anecdotal observations one sector vertical. Indeed, a whopping 74% of 7. Pleasure 8. Well-being is a sense of evolution and momentum, our respondents felt that it would still be moving 9. Respect 10. Mission with a keen focus on consumer needs ahead in 3 years’ time, nearly 20% above our 11. Inspiration 12. Authenticity and expectations. Index average. 13. Innovation 14. Thought Leadership 15. Individuality 16. Indispensability 17. Resource Management “This company has 18. Premium 2018 2020 innovative solutions 2021 1 1 18 2 18 2 17 3 “It is a company that 17 3 to real challenges is always evolving, and is well positioned 16 4 16 4 always looking for to continue to grow 15 5 15 5 Volkswagen Amazon the best technology given the covid 14 6 14 6 for its customers.” pandemic.” 13 7 13 7 12 8 12 8 11 9 11 9 10 LATAM PROFESSIONAL 10 ME/AFRICA PROFESSIONAL 96 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 97
SECTOR BY SECTOR SECTOR OVERVIEW 4.3 Consumer As with previous years, Pleasure remains this category’s single strongest attribute – which is perhaps why these brands rose in Staples favour at a time when our sources of pleasure were limited to those housed within our immediate four walls. With the global population experiencing extended and recurring lockdowns over the last 12 months, resulting in a growth of home consumption, it would seem that Consumer Staples have reaped the benefits. 98 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 99
SECTOR BY SECTOR SECTOR SNAPSHOT “Food and fast-moving Consumer Staples Brands consumer goods FBI Global Ranking 2021 vs Company FBI Global Ranking PwC 2021 will always be on 2021 2020 2020 Position an upward trend.” 7 2 5 16 ME/AFRICAN PROFESSIONAL 23 10 33 38 24 – NEW ENTRY 73 CONSUMER STAPLES COMPETITOR 31 3 34 85 TOP RISER: COMPARISON: PepsiCo Coca-Cola 37 24 10 22 59 23 43 5 38 26 55 24 79 52 Sector Performance Score by Year Average score of all 18 Experience and Purpose Dimensions for all companies included in that sector for each year. 59 5 64 100 50 100 = 100 92 35% 40 33% 28% 28% 29% 27% 30 20 10 % 2021 2020 2018 2016 2015 2014 100 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 101
SECTOR BY SECTOR CONSUMER STAPLES BIG STORIES 55 24 PepsiCo Like many others in this year’s ranking, PepsiCo has benefited significantly from 37 22 Procter & Gamble P&G has significantly risen up our ranking with positive moves across the board and in particular an increasing public focus on Pleasure. around Innovation and Story, where perhaps its Have languished at the bottom of the rankings everyday, familiar products and services might for a few years, an increase across all of the previously have struggled to register. Notably, company’s attribute scores has seen it jump it is particularly strong on the Experience side, up 24 places to come in at number 55, edging it suggesting it is perceived as being essential to ever closer to being in the top half of the Index. delivering on Well-being and Pleasure at a time when the global population has been hyper- A focus on sustainability is also likely to have focused on ensuring their immediate surroundings FutureBrand helped the company build on other strong Dashboard Key are clean, safe and supporting their well-being. attributes, such as Story and Authenticity. 1. Personality 2. Story Critically, it has demonstrated a consistent 3. Attachment 4. Consistency performance across a wide range of attributes, 5. Seamlessness 6. People not just those which are most readily associated 7. Pleasure 8. Well-being with its sector. Although it has yet to reach the 9. Respect 10. Mission high of its 2014 position, at number 23, its rise up 11. Inspiration 12. Authenticity the rankings to number 37 means that it is edging 13. Innovation 14. Thought Leadership ever closer after a few rocky years. 15. Individuality 16. Indispensability 17. Resource Management 18. Premium 2020 2021 1 1 18 2 18 2 17 3 17 3 “They have a broad portfolio of brands 16 4 16 4 “Well established which meet the needs 15 5 15 5 Procter Pepsi-Co & Gamble company with of customers in their 14 6 14 6 a history.” every day lives.” 13 7 13 7 12 8 12 8 11 9 11 9 10 NORTH AMERICAN PROFESSIONAL 10 EUROPEAN PROFESSIONAL 102 FutureBrand Index 2021 / Copyright © 2021 FutureBrand 103
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