(January 07, 2003) - A brand is a set of expectations
embedded in a relationship. As intangible as it seems, a brand has substance and
value. Although it is neglected and misunderstood, the employment aspects of the
brand are an essential part of the overall brand value. One way of thinking
about the equity in a brand is to consider the experience of every person who
comes into touch with it. The total value of the brand is the sum of the
meaning of all of those individual experiences.
A healthy brand grows in positive meaning and value over time. When managed
well, it comes to represent the guarantee that expectations will be met. Simply
seeing or hearing some brand names is enough to evoke the quality that they
represent. Brands are symbols that we fill with our experience of the firm
behind the brand.
The effective management of a brand requires precise alignment within the
firm. Starbucks has achieved massive brand recognition through tireless
attention to the details of the customer experience. The meaning of the brand is
understood and acted on by all employees of the company.
When a company is not completely aligned with its brand, terrible things
begin to happen. As customers associate negative experiences with the brand,
word gets out and the brand begins to take on new, harder to manage, characteristics.
This is because what fills a brand is customer experiences and no amount of
marketing spin can solve bad customer experiences.
Misalignment between the brand and the firm's behavior comes from one of
three sources: inattention to an aspect of the brand, an internal quality
failure or ineffective communications within the organization. It can be an
oversight or an overt management failure. The cause doesn't matter to the
customer.
Everyone has seen a terminally cancerous brand. Think of young pop stars who
lose their kiddie audience as the stars mature into adolescent druggies. Edsel
had the disconnect so bad that it's still talked about.
Without dramatic intervention, a cancerous brand rapidly deteriorates the
value of the company.
Unfortunately, all companies have 'employment aspects' to their brands. In
general, these components of the brand go unattended. Websites that provide no
confirmation email; personnel departments that file resumes without
acknowledgement; slow moving hiring processes; recruiting promises that do not
match the work realities and badly worded/ badly placed job postings are just
the tip of the iceberg. The cure begins with an audit of the hiring process from
the candidate's perspective.
(Thanks, Dave.)