Yesterday I spoke of using brand strategy to help mitigate business disruptions associated with the pandemic. Readers know my brand strategy framework comprises “one claim and three proof planks,” the so-called organizing principle to guide business.
When making tough decisions about cutbacks and reducing business expenses you must stay true to your claim. Back in the day, working with AT&T’s business services, the claim was “creating business certainly.” Much of business then, as now, ran on phones and data line. During a pandemic, this message would still be powerful. The proof planks were network reliability, competitive price, and tech tools to grow your business. Science suggested these three measures moved positive revenue. When cutting back on personnel, promotion and other during a major business discontinuity, it is the planks that have to give. They all work together, much like a recipe, but some offer more value to customers than others. Managing cutback by plank is how you make business decisions. Don’t invent new planks. Don’t reinvent your claim.
Stick to the plan. Manage strategically. Manage to brand science.