power of the internal brand

12
BUILDING BRAND FROM THE INSIDE OUT: Connecting People, Purpose & Performance July 11, 2013

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Like the fingerprint, a brand is a company's unique signature. Branding has the power to promote loyalty, culture, and company values from the inside out. With a focus on internal branding, practitioners must create compelling experiences for internal stakeholders that carries over to the external customer experience. Loretta Prencipe, Vice President, presented this deck to the IABC DC Chapter on July 13, 2013.

TRANSCRIPT

Page 1: Power of the Internal Brand

BUILDING BRAND FROM THE

INSIDE OUT:

Connecting People, Purpose &

Performance

July 11, 2013

Page 2: Power of the Internal Brand

Leaders are Activating Their Employees Around Purpose

to Build Brand from the Inside Out

Page 3: Power of the Internal Brand

Our Conversation Areas

The End Of Trust

Power To The People

The Rise Of Shared Value

PurPle

WHAT WHY HOW

Page 4: Power of the Internal Brand

WHAT’S

DRIVING

THE NEED

FOR INTERNAL BRANDING?

The End Of Trust

Power To The People

The Rise Of Shared Value

PurPle

Page 5: Power of the Internal Brand

The Trust Deficit

Communications

Implications:

• Credibility,

authenticity and

transparency of

information are

even more critical

• Systems and

channels that

enable real-time

communications

• Activate all four

generations in the

workforce

Trust in all organizations is at an all-time

low.

— 2010 Deloitte Ethics & Workplace Survey

48% cite a loss of trust in their employer

Page 6: Power of the Internal Brand

People believe that only they themselves can come up

with innovative solutions to our most pressing

problems, not governments or corporations.

Power to the People

Communications

Implications:

• Culture of

participation and

two-way dialogue

must be fostered

• Involve employees

in process early to

articulate, refine

or validate

purpose

• Co-create and

iterate purpose

content to

increase buy-in

• Create brand

ambassadors

“ The Marketing or Development Department

does not own our brand; the whole organization

is involved. — John Pfeiffer, CEO, Inspiration Corporation

Page 7: Power of the Internal Brand

People are demanding that organizations not only

rediscover their social purpose but also put it at the

core of how they conduct their business and engage

with their stakeholders to create shared value.

The Rise of Shared Value

Communications

Implications:

• Replace rulebooks

with shared beliefs

• Demonstrate

alignment of

purpose, business

strategy and

outcomes

• Adapt or adopt

recognition and

reward to link

with purpose

• Create

opportunities for

employees to live

purpose outside

their job function

“Great companies … nurture

a dialogue to keep social

purpose at the forefront

of everyone’s mind and

ensure that employees use

the organizational values as a

guide for business decisions.”

— How Great Companies Think

Differently, HBR, Nov. 2011

Page 8: Power of the Internal Brand

WHY

DOES IT

MATTER?

Page 9: Power of the Internal Brand

PurPle + Profitability

Purpose- and Values-

driven organizations

outperformed the

general market and

comparison companies

by 15:1 and 6:1,

respectively.

- Built to Last, James Collins

and Jerry Porras

“ “

Firms with shared values-based cultures

enjoyed:

Higher Revenues Higher Stock Prices

Global Job Growth

- Corporate Culture and Performance, John Kotter

and James Heskett

1,200% 400%

700%

Page 10: Power of the Internal Brand

HOW

DO WE

DO IT?

Page 11: Power of the Internal Brand

Inside-Out Branding: A Checklist

Can your employees articulate your purpose?

Is it integrated across your organization?

Have you educated your leaders?

Have you inspired employees to be ambassadors? Trained and

equipped them?

Are you sharing stories and celebrating success?

Are employees empowered to share their stories?

Page 12: Power of the Internal Brand

Thank You

Contact: Loretta Prencipe

202.658.8733

[email protected]

@LorettaPrencipe