Monthly Archives: July 2023

Too Much To Chew.

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Elon (Do I need to write his last name?) is definitely a smart dude. Politics aside, he may really transform Twitter in a positive way.  But I have a couple of bones to pick with his efforts over the last few days.  One, the rename.  X is not ownable.  It’s not language-friendly.  It’s a letter, not a word. Or name. The second issue I have is the so-called positioning: the everything app. When you are everything, you are really nothing. Been there, done that with a start-up called Zude.

Maybe you can become the everything app — you just can’t position around it.  Let the people make that distinction.  The iPhone was the everything device but it wasn’t positioned as such. Or named as such. That was some serious restraint in branding.

I love Twitter. To borrow a quote from Thomas Friedman, Twitter (or X) makes the world flat. But it is a communication device, with amazing search aptitude. If it becomes payment app, fine. But this?…

“X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities,” Linda Yaccarino, X CEO

It’s a chaotic position. Tech companies and tech entrepreneurs often bite off too much.  This is another case. And you can X me on that.

Peace.

 

Strategy or Brand Strategy. Hmmm.

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When I’m on a roll – and it’s not often, thanks to PCMS (Post Covid Malaise Syndrome), everything I see and read in the news is viewed through a strategic lens. It’s, as the kids would say, strategy fire. Today, for instance, it started with a glance about  a NYT piece on the speed with which Nokian Tyre’s changed manufacturing strategy.  With climate change, geopolitical results-driven planning and change. And they realize quick change is better than sluggish change. The new environment is the catalyst of this change, but strategy the driver.

Notice I didn’t use the word brand one time in that paragraph.

The brandscape was kind enough to teach me my craft yet the word “brand” diminishes what I do for a living. When I position around brand, it sounds cool, trendy and au courant, but it’s not a wining communications value. No one wakes up in the morning thinks brand strategy is the business answer.

When I think about it I am really a strategist.  I find business-winning values, actions, tasks (read: strategies) that add money to the top line and bottom line. My work doesn’t feed the ad agency. It feeds the business and everyone in it.  Which then feeds the consumer.

When Nokia Tyre decided to open a manufacturing plant in Hungary because of the war in Ukraine, they weren’t, per se, using a strategic road map or what I like to call “an organizing principle for product, experience and messaging.” They were looking purely at supply chain, cost of business, security, ROI timetable and investment strategy. They were blocking and tackling.  Had they an organizing principle of values to drive all decisions, before they met to solve the many layered challenges, their “time-to-solve” would have been faster and more organized. And, honestly, it was quite fast to begin with.

Strategy would have sped up the process.

For examples of how my strategy based upon proof has worked for other companies, write Steve at WhatsTheIdea.

Peace.