Tuesday, March 17, 2009

Party First, Country Second

I'm confused. Very confused. How can a Rush Limbaugh say he hopes the President fails, in the same breath he speaks about being a patriot? How can he even begin to think it's okay to put the success of his political party above the success of the President of the United States, and of the United States itself?

Without delving into politics too much, it is unconscionable that any pundit, newscaster, or even shock radio/tv host [whether it's Rachel Maddow or Rush Limbaugh] who calls themselves a patriot or true American, can wish that the President fails. "I deal in principles, not polls," wash Rush's response. So I ask, what principles are they, that he holds so dear? Is his principle and brand about "Damn America as a democratic state, and win at all costs?" If so, then his message is right on target.

Thursday, February 26, 2009

Giving Your Addicted Child An Allowance

"Mom, dad, can I have another sixteen billion dollars?"

"Hmmmmm, well honey, what did you do with the thirteen billion we just gave you?"

"Uh, spent it?"

"Spent it? On what?"

"Things...."

Well, you get the idea. GM is addicted to doing business the same old way it has always done business. It hasn't developed new products that consumers are actually looking for. It hasn't opened its eyes to the resource problem we and the rest of the world are having with oil. It hasn't, in the face of failure, shown an ability to get off its addiction to antiquated thinking and given anyone the least bit of assurance that it can, in fact, change.

Aside from the fact that General Motors can't seem to manage its business. It's definately not carrying through on its brand promise for being an innovative, forward thinking company. Instead, it's showing itself as a tired, old company, set in its ways, and groaning about how bad things are. Hmmmmm, would you buy a tired old man on a porch?

Perhaps I'm being overly harsh on this. After all, they did just shed Hummer. Okay, not quite forward thinking, but it's a step. And they did create the Saturn concept. Which while admittedly was innovative in the 80s, their decision to hide it in the closet in the 90s, leads me to think more of a [once again] tired old man too embarassed when his kid dyed her hair green and started listening to Kurt Cobain.

So even if they do survive, what will their brand be remembered for? Have they already tarnished it so badly with their management [or lack thereof]? Or do they have to hire someone under 50 who can truly reinvent the company.

Hmmmmm, wait a minute, isn't that what we're doing with Barack Obama and the United States?

Well, perhaps both brands can be saved after all. It will be an interesting year...

Sunday, February 15, 2009

Starbucks - 25 Years In The Making & Gone In An Instant...

So last week, the purveyor of high end coffee drinks, the self-promoted creator of luxury coffee, the name that taught Americans what was acceptable and not acceptable in making a good cup of joe - announced it was launching an instant coffee.

Instant?

As in Maxwell house? As in Folgers? As in Taster's Choice? As in a product known for bad taste, cheap, and lousy?

Why, after spending all those years impressing on people the need to roast the beans just right, to use only spring water, heated to just the right temperature, and served by a practiced professional, would they now say, they can give you the same great taste in an instant, powered coffee? Why would they undermine their brand by aligning it with a bottom of the barrel category?

UBS analyst David Palmer, said of the instant coffee - "It's no big deal," he says. "What's different about soluble coffee is that it's equated with poor quality."

Hmmmmmmm, would a company really undermine its brand and long-term prospects to leverage that brand for some very short-term profits? Apparently so.

What's next? Will Tiffany's start producing cubit zirconium rings? Will Chanel start making $29.95 plastic handbags?

Hmmmmmm, there may be a reason brand leaders are very careful about ensuring their products match their brands.

Let's all watch and see what happens when Starbucks - "Seattle's Best" puts its toe in the worst coffee category. Will it become Seattle's Worst?

This could be more fun than watching Coca Cola try and launch New Coke. We all know how well that turned out....

Saturday, February 7, 2009

Kelloggs - Get Real

So dropping Michael Phelps because he happened to smoke marijuana is Kellogg's way of supporting athletes and making a commitment to their growth. I hate to tell you Kelloggs, this isn't 1955, and today's kids don't eat their wheaties while waiting to work at dad's accounting firm. This is the 21st century where star athletes are under unbelievable pressure to perform. Not just in their venue, but 24/7.

Think about Michael Phelps. He's what 23? He's been doing nothing but training every day for the last six years. He won more medals at the olympics than can fit around his neck. He takes a break and makes one mistake by trusting his friends while he parties. And boom! You turn around and drop him as a bad influence on America's youth. Doesn't say much about your commitment to your athletes. It doesn't say much about your standing behind America's principles. Actually, it sounds more like a company that cuts and runs at the tiniest hint of bad news. Why not admonish the snake who took the photos and sold them? That would have been a stronger move, and one that would have bought you a lot more respect.

What do your actions say about your brand? In my humble opinion, it tells me that you're a brand that only stands by your friends as long as the skies are clear and the sun is shining. Let's just hope your product never has a rainy day.

Oh yes, I would be very curious to know how your executives unwind after a bad quarter? Something tells me it's not all apple pie and freshly scrubbed faces...

Tuesday, January 27, 2009

Blagojevich - Or, Just How Badly A Bad Image Can Ruin You

Blagojevich - now there's a name to bring up when talking about the importance of reputation management. Not in terms of his recent media campaign, but proof of how quickly and completely a bad reputation can permanently ruin a person's reputation or a product's brand. Brand management? Personal branding? Reputation management? Throw your case studies out the window, because Rod Blagojevich will go down in history as showing the true value of a reputation.

Think about it. Technically Rod Blagojevich hasn't been found guilty of anything illegal - yet. He hasn't faced criminal proceedings yet, and in the United States it is still innocent until proven guilty - isn't it?

The only fact that is concrete, is that he shot his mouth off on several occasions and embarrassed himself and the state of Illinois so badly that it's been the leading headline beneath Obama's win.It's as if the Illinois Legislature has said, "Enough, Rod. Frankly, we don't care if you're innocent or guilty. You've already done so much damage to this state that we really don't really care if you are innocent or guilty. Please, just leave."

They are not even allowing him to present witnesses in his defense. "Thank you Rod, but we just want you to sit there for a moment so we can get this over with."What is this all based on? A brief window in time in which he allowed himself to be, well himself.

Nobody knew who he was before this. But the brief look at his language, his attitude, and that Boss Tweed meets Tony Soprano image he created for himself. In effect, his reputation and his brand.

He, in such a short period of time, created such a reprehensible name for himself that he's now being impeached for it. He could possibly be the first person found guilty, not for doing anything criminal, but for establishing a bad brand.

So if you ever have to ask yourself how important branding is, or reputation management is - well just think of Rod Blagojevich. The guy who created such a bad image for himself, he ruined his career and his future in less than a day. Well, ruined that is unless he wants to do talk radio...

Friday, January 23, 2009

Keeping One's Personal Brand Strong

As John Stewart said "If you ever wondered what Barack's 'Shut the F**k up' face looks like, just watch him when Joe Biden started to joke about the slip up with the oath of office."

It's also one of the best examples of someone protecting his personal brand. In effect, by taking the initiative to repeat the oath, by reigning in his second in command, and by maintaining a no-joke demeanor throughout his campaign and the initial days of his presidency, he has sent a solid message out to the world - "we do not take this job lightly, we understand how serious this office is, and we are not going to allow anyone to undermine us in tackling the tasks ahead."

It is refreshing to see, and is a lesson to everyone out there in terms of what it takes to protect one's brand in today's media world.

Wednesday, January 21, 2009

Just glad we could help you live out the recession in ease....

Speaking at the FBR Capital Markets conference in New York in December, Walter M. Pressey, president of Boston Private Wealth Management, a healthy bank with a mostly affluent clientele, said there were no immediate plans to do much with the $154 million it received from the Treasury.

“With that capital in hand, not only do we feel comfortable that we can ride out the recession,” he said, “but we also feel that we’ll be in a position to take advantage of opportunities that present themselves once this recession is sorted out.”

Well, ain't that wonderful? I mean, it must be nice to have all these kind people help you out, and ensure you could ride out the storm in comfort.

And don't think he's alone. At the Palm Beach Ritz-Carlton last November, John C. Hope III, the chairman of Whitney National Bank in New Orleans, stood before a ballroom full of Wall Street analysts and explained how his bank intended to use its $300 million in federal bailout money.

“Make more loans?” Mr. Hope said. “We’re not going to change our business model or our credit policies to accommodate the needs of the public sector as they see it to have us make more loans.”


I truly can't even comment on these two statements - on a human level, on a brand level, or on a "never in a million years...." level.

I ask, if We the people can give the money away, can't we call the loan in early? Why not put it up for vote?