Tuesday, 3 April 2012
Sunday, 1 April 2012
Overthrow Yourself
Here's a tiny question. When you boil it down, what's the human
purpose of enterprise? Of industry and ingenuity, effort and toil? When
it comes to life, what's the point of work — and when it comes to work,
what's the point of life? What's the point of "business", anyways? Is
there one?
You might answer, having spent years in combat on the war-torn front
lines of commerce, countless hours ensnared in soul-sucking conference
calls, endless days enticed by corner offices and promotions, something
like: "Making megabucks, by the most efficient route possible. Hey, dude
— got an iPhone7?". And you'd be perfectly right: the purpose of enterprise is chasing
megabucks. If, that is, the outer limits of your ambition screech to a
grinding halt at spending your days fine-tuning the just-tedious into
the shinily banal. But no one's going to look back on their deathbed and wistfully
remember "Man, I was the person responsible for the lime-flavored energy
drink!"
While it's arguable whether humans have immortal souls, deep down, we
all know: to thrive at the art of living, at some point each of us has
to take a deep breath, step outside the rusting prison or gilded cage,
plant our feet in the soil and reach towards the sky. Life feels
actively, furiously lived when we love, trust, wonder, care, believe,
dream, think, feel, do, count, matter.
Sure, you can argue that the right, true, and best purpose of
enterprise is selling more stuff, at a greater profit, to benefit the
already privileged more, through pure financial gain — and the human
consequences are merely an incidental, almost irrelevant afterthought;
nice-to-have, but as disposable as a plastic razor. But it's a weak
argument — and it's getting weaker by the second. Roger Martin has elegantly and brilliantly argued why maximizing shareholder value's a destructive goal; Jack Welch has called the single-minded pursuit of shareholder value the "dumbest idea in the world;" Teresa Amabile has cogently chronicled why higher purpose leads to better performance; Rosabeth Moss Kanter and Tom Peters have
both found time and again that the organizations that thrive amidst
turbulence are those that aim higher; Gary Hamel has devoted now two must-read books to examining why management's hit a human wall, and what to do about it; Richard Florida has untangled the pulsing link between creativity and prosperity; and Daron Acemoglu and James Robinson
have pointed to institutions that extract value from people, notably
middle classes, as the prime mover of the collapse of societies. And
that's just the very short list of my intellectual heroes and their
findings.
Here's what we already know. If it's the greatest gifts you want to
receive — whether from the people that work for you, invest in you, or
buy from you — then you're going to have to come up with a more
meaningful answer to the great existential question of enterprise than
"another million units of toothpaste — but this time, with heart-shaped
light-up tutti frutti polka dots!!" Hence, any variant of the answer to
the question "Why are you here?" that goes thus: "selling more stuff to
people they don't really need to buy with money they don't have for
reasons that don't count to live lives that don't matter" is about as
relevant to humans as a pair of ultra-luxe designer sneakers is to a
goldfish.
I'd put it like this: at its best, the purpose of enterprise is to
evoke the highest human potential. The instrumental, calculative,
deterministic view of enterprise, of human effort, of the role work
plays in life, is in its twilight. Not just because it's been debunked,
but because it just doesn't square with the most basic, shared
essentials of a human experience. Allow to me say it kindly for a
moment: Unless, you truly and deeply believe that the majority of us
should spend the majority of our days during the majority of the best
years of our lives being emotionally and intellectually waterboarded in
order to satisfy the whims of narcissistic Machiavellian sociopaths,
because since they're meaner and nastier than the rest of us, we owe
them the moral debt of our McFutures — enterprise, and by that I mean
your very hard work and ideas, your talents and gifts, your capacities
and skills, the raw stuff of your fragile human potential, has got to be
employed with a higher purpose: one that speaks to what it means to be
human.
So here's my advice: overthrow yourself. I'd like you to develop a
view of enterprise that's not merely instrumental, calculative, and
deterministic ("Work, money, stuff, power, status, rinse, repeat") — but
humanistic, constructive, and nuanced. And to get there, it just might
be time to square up to your own paucity of ambition, take a deep
breath, and admit that while the point of what you're probably doing
might be good enough for obsessive-compulsive sociopaths seemingly stuck
below the emotional development of a second-grader hell-bent on beating
his bffs at an endless game of Monopoly forever, it's nowhere near good
enough for humanity — as in both "the people inhabiting the earth" and
"the set of built-in emotional and logical wetware that elevates us
above the feudal, militaristic, and bestial."
Consider, for a moment, the uselessness of the corporate "vision
statement." If it's a difference you want to make, try crafting an
ambition instead. A vision statement is egocentric: it's about an
enterprise's vision for itself ("our vision is to provide the world's
best customer service at the lowest cos—" SNOOZZZZE). An ambition, in
contrast, isn't a picture of the enterprise you see in the future, but a
portrait of the human consequences that your enterprise (not just your
"company", but your ideas, effort, time, ingenuity) creates. How do you
want the world to differ — how do you want life to be meaningfully
wholer, richer, better? A vision is meaningless in human terms, but an
ambition is only meaningful in human terms. A vision might be about "the
cleanest restaurants", or "the most fashionable sneakers". But an
ambition is about "the healthiest lives", or "the fittest runners". (I
give some real-world examples of ambitions in Betterness.)
Argue with me if you like, throw your gilt-edged copy of the
collected works of Milton Friedman, Friedrich Nietzsche, and Ronald
McDonald at me if you must, but I'd say: when it comes to the role of
work in life, and the role of life in work, there's something akin to a
grand ladder of purpose, stretching from the deepest subterranean depths
inhabited by the lowest common denominator's immediate gratification up
to the snowy peaks of making a lasting, positive, perhaps radical
difference in the world. It's at the top of that ladder where the act of
enterprise reaches its apex; finds its possibility; becomes its highest
self; because it's there that human potential fulminates and culminates
in what matters. That's where it becomes possible to earn not just
money, but the stuff money can't readily, easily, imperiously buy,
because it's not a beige, interchangeable commodity: trust,
self-respect, adoration, fidelity, passion, dedication, maybe even a
tiny bit of love, fulfillment, and, at the outer limits, a searing sense
of meaning.
I'd suggest: it's time to begin firmly scaling that ladder — or get
ready to be overtaken by those who can, will, and already are. If your
answer to the question "what's the purpose of business" is as sweetly,
tenderly naïve as
"selling out and cashing in by pushing more disposable plastic
junk, odds are, your days are
already numbered with a clock counting down to the nanoseconds to zero
hour — you just don't know it yet.
Reprinted from:
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Tuesday, 27 March 2012
The Future of Profit is Brand Purpose
What’s the secret to successful brand
engagement you may ask? It’s less about
the moment and more about the movement.
Meaning, social media is simply a tool set that amplifies and extends
your brand where your constituents (and prospects) are online.
One cannot underestimate
the importance of having a brand purpose or ideal, a shared goal of improving
people’s lives. A brand ideal is a business’s essential reason for being, the
higher-order benefit it brings to the world. A brand ideal of improving people’s
lives is the only sustainable way to recruit, unite, and inspire all the people
a business touches, from employees to customers. It is the only thing that
enduringly connects the core beliefs of the people inside a business with the
fundamental human values of the people the business serves. Without that
connection, without a brand ideal, no business can truly excel.
Follow along in this blog or on our Facebook page for daily examples of social brand storytelling that effectively
demonstrates that - to succeed today and in the future - brands need to
demonstrate that maximum growth and high ideals are not incompatible, they’re
inseparable. The good news? The easiest way to predict the future is to invent it.
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The challenge that most brands are facing
today using social media is that their brands don’t stand for anything. Certainly they make something or
provide a service – but they don’t stand for anything. Bottom line is that your own brand
‘movement’ needs social media, but more than that it needs a higher purpose. At its core this is our modern
reality.
You’re dealing with a new, wired, evolving,
empowered consumer. Your brand’s
success today depends on whether it is perceived as having a social
purpose. It’s increasingly the
reason consumer’s select one brand over another. Customers are no longer satisfied with just
lodging complaints or casting opinions. Instead, they are voting with their
social capital and turning away from companies that fail to listen and respond.
The consumer is able to drive the conversation with or without the brand’s
input – therefore only brands that are authentic and transparent will succeed.
In this rapidly changing landscape, marketers
are challenged to humanize their brands and seize opportunities to engage
customers across a multiplicity of touch-points and channels. Want to build a future-proof brand that
stands for something? Here's a few hints:
1. Be Engaging
Brands that create rich, engaging stories
will build relationships. Authentic brand stories are retold by fans and become
viral. If you address your customer’s needs, it will foster brand
building. Meaningful and advantageous
engagement will shape your brand’s message. Platforms like Twitter, Facebook,
YouTube and LinkedIn will give your brand an authoritative voice and build
communities. Consistent engagement will increase your visibility, influence and
make your brand profitable.
2. Be Relevant
A strong brand must be relevant. Brands that
are viewed as “relevant” can go a long way toward making their competitors
irrelevant. Instead of focusing on achieving brand preference, it is possible
to reduce or make other brands irrelevant. A brand that offers something so
different and special will create its own unique category and customers will
perceive those as the only option, with no alternatives.
3. Be Accountable
In the future, brands will be held
accountable for the good things they do (or do not). For example, Nike is
highly engaged in efforts to demonstrate corporate accountability. Employing
over 800,000 people worldwide, Nike was once criticized for employment
practices of some of its suppliers in developing countries. Now, Nike posts
results of external audits and interviews with factory workers at www.nikebiz.com. Brands build equity by pursuing a
customer-centric brand strategy. Companies that reflect their target market’s
beliefs, mirror them and link their brands to people’s feelings will succeed.
4. Be Collaborative
Technology now shapes the entire customer
experience and has transformed marketing. There is a need for more
collaboration between marketing and IT. Your customer is a moving target. It is
critical for CMO’s and
CIO’s to take leadership roles to align and form a partnership with
a definitive plan for marketing transformation. There are riches to be won for
brands through this partnership.
5. Be Creative
and innovative
Brands must aspire to be creative and
innovative to win customer loyalty. Even successful brands can become
complacent over time and have tunnel vision. CMOs need to take a disciplined
and decisive approach and tap into the company’s core strengths.
6. Be Purpose
driven
The future of profit is purpose. Consumers want a better world. Brands
that recognize the importance of doing good deeds will be rewarded with
increased sales and market share. So, marketers must ask themselves: What is my
brand’s purpose? If the answer is, “I don’t know,” there are agencies that can
help. (Wink, wink.)
7. Be
Responsible
Businesses are increasingly becoming part of
the solution rather than the cause of the problem. What’s clear is that Social responsibility is a
differentiator for products and brands that create economic value through
corporate social responsibility.
8. Be
Simple
Businesses that simplify products and provide
clear, transparent, user-friendly communications enable customers to make
informed decisions. These are the businesses that will succeed.
9. BE A
GOOD ListenER
Aka "Give a shit". ;) We know as Marketers that the better we understand our
target consumer the easier it is to engage them. Brands must listen to
customers today and build strategies that respond to their needs in real-time.
Listening enables the ability to infuse data-driven insights into every
customer interaction, thus personalizing communications.
10. BE ONE WITH THE Crowd
Innovative marketers are turning to
crowdsourcing. A crowdsourced
campaign might include hundreds of creatives generating hundreds of ideas. It’s about asking your constituents to offer
feedback and input into driving your brand direction (and success).
The business case for
brand purpose or ideals is not about altruism or corporate social
responsibility. It’s about expressing a business’s fundamental reason for being
and powering its growth. It’s
about linking and leveraging the behaviors of all the people important to a
business’s future, because nothing unites and motivates people’s actions as strongly
as ideals. They make it possible to connect what happens inside a business with
what happens outside it, especially in the “black box” of people’s minds and
how they make decisions. Ideals are the ultimate driver of category-leading growth.
A viable brand purpose or ideal
cuts through the clutter and clarifies what you and your people stand for and
believe. It transforms the enterprise into a customer-understanding machine,
personalizing who your best customers are and what values you share with them.
It helps crystallize your business’s existing and potential points of parity
and points of difference with the competition. It illuminates your
organizational culture’s strengths and weaknesses, so that you can see what
needs to change and what doesn’t, what’s negotiable and what’s not, what can be
outsourced and what is core.
Highly adaptive and flexible,
a brand ideal is not tied to a particular business model and has no expiration
date. It generates effective new business models, strategies, and tactics before
the current ones have lost their freshness and begun to produce diminishing
returns. Most important, a brand purpose or ideal enables leaders to drive results
by being absolutely clear and compelling about what they value.
Welcome to the brave new world. Let us know if you need any help.
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Sunday, 25 March 2012
SOCIAL MEDIA CASE STUDIES [GB_V74.0]
Ferrari is promoting their new microsite with
photos of their new F12berlinetta model on Facebook, Twitter, and Google+ - Luxury Daily
To rally support for the British Olympic
athletes, Cadbury has created a virtual parade on Facebook that lets fans
create an avatar to join in on the march - Digital Buzz
Blog
The new Facebook timeline offers
new ways to tell brand stories (and a new paradigm to engage a community.) Here's
a helpful #infographic to use in the development of updated brand styleguides –
Infographic
Aussie beer brand XXXX GOLD has actually
bought a 15-acre island on the Southern Great Barrier Reef designed to be a
'getaway for mates'. There's nothing on it yet but the idea is that men get to
decide what goes on the island by visiting the island website and (social)
voting on what activities the island should offer and what should be built - Website
The True Value of the Facebook ‘Like’ – Article
Frito-Lay thanked their Facebook fans with
coupons for chips after the five-day live event showcasing their flavor
development kitchen in Times Square drew over 1.5 million new likes - Chief Marketer
This certainly isn't a 'first' (see Intel’s ‘Museum
of Me’) however Microsoft's
'A year in the Like' app gathers all your Facebook comments and
images and posts them into a movie starring YOU – Website
McDonald's encouraged fans to show their love
for Shamrock Milkshakes and submit photos of themselves doing an Irish jig with
hashtag #Shamrocking - Ad Age
Toyota has added a fun virtual game board to
their YouTube channel to engage fans in their new "The Game of Life with
Prius c" campaign - Brandchannel
Guess is teaming up with a few of their
favorite fashion bloggers to judge a Pinterest contest that requires fans to
create boards based on the colors of their new line of denim - FashionablyMarketing.Me
Mercedes-Benz is helping fans find a parking
spot by syncing Twitter in their "Park Assist" feature and
crowdsourcing the nearest parking - PSFK
What better way to motivate your morning jog
then to make you think you're being chased by a pack of Zombies!? Described as
'an ultra-immersive running game and audio adventure' - the game places you in
a Zombie story where you're given various 'missions' to escape from the hordes
of undead – App
The American Red Cross has launched a Digital Operations Center to better respond to disasters and help track public conversations - Information Week
The American Red Cross has launched a Digital Operations Center to better respond to disasters and help track public conversations - Information Week
Taco Bell shares how their new augmented reality app allows fans to
see live tweets about their new tacos on their packaging. (Now if they'd just use 40% actual meat in their meat) - ClickZ
An emerging class of “social discovery” apps—which monitor your location and alert you when you’re in close proximity to people who have similar social media contacts or interests - Article
An emerging class of “social discovery” apps—which monitor your location and alert you when you’re in close proximity to people who have similar social media contacts or interests - Article
How Powerade, Kraft
Foods, KLM, and more are using Twitter in new and creative ways to engage fans
- Simply Zesty
Social Media Content Strategy Redux – Article
Dos Equis
is running its own version of March Madness (or as we call it – crowdsourcing
their next ten ads) with fans competing on Facebook. The challenge is to write
a witty line about ‘The Most Interesting Man in The World.’ – Contest
Domino's
Pizza (Australia) is creating the world's first Social Pizza. Over 7
days the Domino's Pizza Australia Facebook community will be able to vote for
their favourite crust, sauce and toppings, with the most popular selection from
each day added to the pizza - the final product will also be featured on the
Domino's menu. Fans will even have the chance to name the pizza – Video
Envisioning the near future of technology - Infographic
Whether you belong to one or ten social
networks, you’ll likely appreciate ‘Bliss Control’. Building on the
popularity of Notification Control,
developers took the one-stop settings shop idea and expanded it to cover every
possible setting on 13 different sites – Website
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Thursday, 15 March 2012
SOCIAL MEDIA CASE STUDIES [GB_V73.0]
Fanta is experimenting
with Facebook's new brand pages by running a contest for fans to find four
cartoon characters hidden in the brand's Timeline history - AdWeek
American Express' new Twitter program lets cardholders tweet special offer hashtags in exchange for coupon-less savings at participating stores - VentureBeat
BMI has turned the
Pinterest repining function into a lottery style game for fans to participate
in and win big flight prizes - Simply Zesty
American Express' new Twitter program lets cardholders tweet special offer hashtags in exchange for coupon-less savings at participating stores - VentureBeat
Intel picked up a lot of press when they
hired will.i.am as their "creative director. At the same time, Razorfish developed an
“experiential publishing engine” that presents content in real-time so that
users could listen, touch, explore and connect with the storyline – Ultrabook
Project
Coldwell Banker Real
Estate's new campaign is sharing their ideas of the "Value of a Home"
with fans on Facebook, Twitter, Pinterest, YouTube, and their blog - Facebook
Nike+ is often heralded as
the king of branded utility, and combines many of its key characteristics: more
than marketing, it is a useful product that brings digital possibilities to the
real world to build a global community and embed the brand 24/7 in people's
daily lives. The Nike+ GPS app and Path
have partnered up (https://path.com/nike) to
give you another great way to share your Nike+ GPS app runs.
Domino's UK hosted a short
Twitter engagement where fans could tweet with the hashtag #letsdolunch to save
on the price of a pizza for lunch -
Twitter
Campaigns
Pantone's latest Facebook
effort asks ‘WHAT COLOR ARE YOU FEELING TODAY?’ The ‘Moods App’ lets you select
a PANTONE Colour that best expresses your mood, then posts it to your profile
to share it with friends - App
Transmedia Storytelling
and Content Marketing –Article
The Coca-Cola Company made
a big deal of the Argentinean national soccer team's fan messages on Twitter by
printing 2,000,000 of them on confetti and launching the
"Papertweetos" into the stadium - PSFK
During their "Goodest Get Together" campaign, KFC threw a party for one lucky fan and flew in 100 of her Facebook friends from around the world - Media News in Pics
IKEA has launched a
"How to Build" YouTube channel dedicated to helping customers
assemble their furniture with easy-to-follow videos - Apartment
Therapy
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Friday, 9 March 2012
♔ Social Media Case Studies (GB_V.72)
Cheez-It is engaging fans
with a new promotion that lets them campaign and vote for their favourite flavor
of cheese cracker on YouTube and Facebook - YouTube
eBay share how they're
rebooting their social media program to improve users' social shopping
experiences - Mashable
Rubbermaid share how they
implemented and grew privately-branded communities - Vimeo
Orbitz has launched a
Facebook game that encourages fans to share with their friends to improve their
chances of winning a once-in-a-lifetime vacation - All Facebook
Country Living Magazine shares
how they're using Pinterest to connect with their readers - Ragan.com
TIME Magazine has teamed
up with Foursquare to allow check-ins and up-to-the-moment updates at the
Democratic and Republican conventions - Business 2
Community
Krispy Kreme is setting
out to tour the nation with their "Cruiser" 1960-vintage Starliner
bus to mark their 75th anniversary. Fans can track the bus in real-time on
Facebook and Twitter, and they're encouraged to connect with the bus on Foursquare,
Pinterest, and Instagram - Customer
Insight Group
Boeing discuss how their
content marketing and brand journalism strategies are all about telling a story
-- not pitching a product - WebInkNow
KFC share their social
media strategy, from handling negative comments and measuring ROI, to their current
promotion on Facebook and Twitter - PROMO
Magazine
ABC and the Academy of
Motion Picture Arts and Sciences used social media applications, Twitter,
original content, celebrity videos, and a central social hub to keep viewers
engaged before, during, and after the Oscars - Entrepreneur
H+M is one of the most
popular brands on Google+ to date due to their frequent photo postings,
relevant fashion news, and "exclusive" fan treatment - Ragan
Dunkin' Donuts has
launched a "Like a Boss" application that lets fans create funny
video resumes to share with friends on Facebook, Twitter, and LinkedIn - Smarter CPG
Solutions
Corning, McGraw-Hill, and
Intuit were announced as BtoB’s Social Media Marketing Award winners for their
exceptional work in viral video, mobile, and corporate blogging, respectively -
BtoB
For the first time, ESPN will
be streaming March Madness tournament games on Facebook - Los Angeles
Times
Advocate Health Care is
interacting with fans on their new live video chat platform, AdvocateLive.
Viewers can submit questions, join the conversation on Facebook, and share
related videos - AdvocateLive
UPS shares how they're
using social media for customer service - Vimeo
Subaru has launched a new
website that lets fans generate a personalized video story of their very first
car. Fans can tag their Facebook friends in the video and then share it across
all social media channels - Torque News
Zappos, Estee Lauder, and
Warby Parker are using social media to get personal with customers and improve
their service - Knowledge@Wharton
Macy's discusses their
plans for Facebook's new brand Timeline feature and expanding their social
media reach to other platforms - MediaPost
Harley-Davidson is
encouraging fans to use the hashtag #StereotypicalHarley to share who they are
and why they like to ride - AdWeek
One of the clear winners
out of the 'Facebook Timeline' gate was Red Bull. Not only has the
brand done a great job of seeding milestone content since it’s founding, they
also launched an incredibly compelling scavenger hunt that spans the history of
the company and integrates brand milestones in a seamless manner with the hunt
– FB Page
The Mechanics of Social Change, Invisible Children, and Kony 2012 – Article
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