PJA Blog: The Complex Brand

Now that we are ‘officially’ in a recession, the realization of which typically means that we are in the middle of or on our way out of one, we’re seeing a curious trend here at the agency. Companies that we’ve never talked to, companies we haven’t heard from in years, and companies we’ve never heard of, period – are asking us to help them choose a position. It might be a new position or it might be an updated position to suit these less-forgiving times.

In some cases these companies have their business strategy set but no story with aspiration or vision that sits above the strategy and unites every business unit. As a result they can’t get the right valuation from analysts or they’re stuck in the wrong competitive set. In other cases the company has chosen a position and is interested in a gut-check, hiring us on a consultative basis first. (These ‘trial-size’ contracts are a classic sign of an economic downturn.)

In other situations the company’s markets are consolidating by the minute, driven by the entrance of a behemoth competitor (on Mondays and Wednesdays insert “Google,” on Tuesdays, Thursdays and Fridays insert “Microsoft”) and they need an irrefutable statement of why choosing best-of-breed still matters over giving in to the inevitable one-stop shop.

In still others, the company is growing too quickly to come up with a new position that works for the next stage of growth, realizing that if they don’t, they’ll put the brakes on that growth because they just don’t pass the smell test of the CXO customer versus the regional VP they’ve sold to successfully in the past. (more…)

As much as I admire and like a lot of industry analysts we talk to (we’re actually a Gartner customer: makes me feel wistful that some of these people get to think about one industry niche 24 x 7 x 365), there’s always a Cassandra-like note in their reports, not unlike a Tom Peters book. Something along the lines of, “If you don’t undertake these 11 priorities this quarter and reinvent your business process platform by end of year, you’ll be seriously behind your competitors or pushing up the daisies. Et cetera.”

Which would be a serious problem if a lot of companies didn’t have those ‘job’ things to do. One antidote to these pronouncements came recently when I was interviewing a CEO about recent job cuts and whether he was worried about retaining his big stars. His response: “Most of them don’t have the option to go, honestly. And of the few that do, half of those are subject to the same inertia that everybody is subject to, so they’re not going anywhere.”

As you probably know, Forrester now creates a lot of reports for “marketing leadership professionals.” Or as I thought to myself on first seeing one of these documents, “Oh, great. They’re not satisfied making my clients feel guilty about falling behind; now they’re doing the same thing with agencies.”

All this throat-clearing aside, I have read and can recommend a recent report called The Connected Agency by Mary Beth Kemp and Peter Kim that’s getting a lot of buzz (and yes, you can check the records: I did pay my $279 for it). (more…)