3 minute read
Continuing measures to squash the bell curve of the COVID 19 infection rate has meant for many, a new experience, working from home! There is plenty of advice on how to work from home, to name a few:
- Allocate a dedicated workspace
- Remove distractions
- Enjoy breaks every 30-40 minutes
- Periodically check your phone, not when the light is blinking
- Have a good internet connection and cloud file storage system
- Utilise a reliable video conferencing tool
However, there is little advice on how to continue working as a team, to keep your business going forward in these exceptional circumstances.
Many people are asking, how are you finding working from home… in response the team at IM are adept at this as 50% of the time we do just that, work remotely. Given our strength in this area we wished to share some of our top tips on team engagement and also contest some fears, as many people are currently working outside their comfort zone.
Firstly, it should be stated that this is an opportunity to change, grow, and transform how business is undertaken. In a recent US study, it showed that ‘86% of employees say they are most productive when they work alone’ as there are less distractions including inefficient meetings and office chat. It is also reported that home workers benefit from reduced stress levels, are more likely to stay loyal to a company and given lack of commute, ‘give back’ the equivalent of 11 days per year, demonstrating there are plenty of positives on home working.
To take advantage of these benefits the right environment needs to be created, as noted in a recent Gallup survey a highly engaged team shows a 21% greater profitability, need we say more. So firstly –
In these times of disconnection, a concerted effort needs to be made to connect with your team, including opportunities for feedback loops. Depending on team size we suggest a weekly or twice weekly team ‘headline’ conference call of no more than 30 minutes.
This provides team members the opportunity to ‘headline’ their workload, the positives and negatives, and if any assistance is required from the group. We also suggest enabling team leaders to have weekly one to one ‘calls’ with team members for a further deep dive into workload, encouraging feedback and discussion.
We hold both of the above internally on a weekly basis and 30 minutes almost seems too much time; it is always productive and creates pointers for further ‘out of group’ engagement and collaborations.
Connecting with others is an embedded social and human normalcy. Connection gives us a sense of inclusion, interaction, safety, and community; we work and play with our tribe, it gives us our purpose.
2) Purpose and Goals
During the COVID 19 holding pattern, business continuity is a must, but this also provides an opportunity to put your business in order and set goals for the future. As Richie Norton stated ‘Tidy your business by looking at your product offerings and categorize them by putting them into value grade buckets,’ which can be continued by Marie Kondō who states ‘The best way to find out what we really need is to get rid of what we don’t.’
Working from home and having fewer distractions provides more time to reflect and drill down on your business goals and purpose, an opportunity to realign your business to market fit and what your brand stands for.
Take this time to undertake competition analysis alongside historic and current consumer research to find out what your business brand vision, values and positioning will be after COVID 19. Given habits take 3-6 weeks to take hold, the temporary confinement of your customers means during and on exit, their consumption behaviour will not be the same as it was pre-Coronavirus.
The knowledge you explore will produce freedom on purpose and goals; by understanding the ongoing and future customer needs provides space to develop previously unseen opportunities, to form new ways to connect with your customers and form new consumer habits.
3) Trust and Collaboration
Working from home, with increased productivity and flexibility, means that not everyone is in ‘work mode’ at the same time. Sending an email, instant message or What’s App does not equate to the instant response you are used to in a traditional office environment; this can start alarm bells ringing in your ears and frustration.
While working remotely there has to be an assumption of good intentions and trust and a clear understanding of requirements and collaboration, while utilizing the right communication methods at the right time.
A simple and effective tool to negate frustration and ensure collaboration and engagement is a shared diary, all team members noting when they are diarized to be in ‘work mode’ for example core hours of 10am till 4pm with flexi time around it, as IM do.
Never underestimate the power of personal verbal connection, picking up the phone or a quick VOIP call during core working hours increases trust and collaboration, as well as ensuring effective communication for the present and the future, and builds a further layer of engagement in your team. Out of hours send an email, but don’t expect an instant response!
These three suggestions put a strong focus on effective communication, which we trust and hope, will form new habits in your business and enhance your team’s engagement.
It’s quite simple; connect often, enable feedback loops and discussion touchpoints and never underestimate the power of personal verbal connection.
Contact us now and let IM help you optimise your business goals and purpose, through realigning your business to fit market changes and what your brand stands for.
Growth was weak but stabilising – until the coronavirus hit.
– OECD Economic Outlook, March 2020
Market instability will always uncover any underlying strengths and weaknesses within individual brands and businesses alike. For the latter, with no global economic relief in sight right now and a panicked market, it’s hard to face up to the need for a brand review or revamp when your primary focus is likely on tactical discounting and short-term cost savings for survival.
What is the difference between a brand refresh and a full rebrand?
In our experience, you can achieve major improvements to your competitive position with a simple brand refresh rather than invoking major changes or undertaking a full rebrand.
But, can this be done at a low cost?
The short answer, absolutely. A brand refresh can be done whilst minimising cost, time and distraction within your business and still enable you to re-engage your customers, win back your share of the market and create lasting benefits for years to come.
A brand refresh does not always mean investing in new logos and colours, although they may become part of the job. An effective brand refresh looks closely at the current customer experience. Following which, identifies ways in which you can restore faith in your product and gain momentum in your sector whilst providing high value to your customers in every facet of your business.
In service sectors – such as hotels, restaurants, wellness and events, the way to do this whilst minimising disruption to daily operations, is to prioritise key brand touchpoints. These are the ‘pain’ points as well as face to face opportunities to create a ‘wow’ for your customers.
Understanding the market means understanding your customers’ priorities.
Understanding your customers’ priorities in addition to understanding how your competitors are adapting to market conditions are both key components of the job. Insights like these will identify the kind of improvements that will strike the right note for your target audience, as well as your customers, in the current climate – including quick, easy wins for your business.
Instead of undermining your brand reputation with unsustainable discounting or cutting corners on quality, this is the time to respond in a more sensitive way to market conditions and set your sights on increased market share…at the right price.
86% of customers – whether clients or consumers – will pay more for a better experience.
– PwC UK Forecast
Trust in your workforce to deliver high value solutions.
Keeping your staff fully on board to deliver the best possible customer experience at every touch point can be difficult.
A brand refresh is an ideal opportunity to fully engage or re-engage your teams throughout your business, to be honest about the need to go the extra mile and trust them to deliver with full company support.
There may be less job churn at the moment, however, workforce motivation and commitment levels are transparent at the sharp end of service delivery. Because of this, maintaining and increasing commitment will determine success or failure whatever the no matter the environment the current market is facing.
Our approach for a brand refresh is simple, yet straightforward:
- Gain insights from both customers and competitors
- Innovate at key brand touchpoints
- Engage your workforce throughout the process
- Communicate with your audience about your new innovations
- Measure and review the refresh for predetermined success metrics
Are you looking to undertake a brand refresh, or perhaps you’d like to get an idea on where to start? Drop us a line, we’d love to help!
When was the last time you undertook a brand audit?
Having a strong brand is essential for your business. If your branding is not generating value, you are compromising opportunity.
A brand audit becomes a brand investment:
Any investment into your business will be rigorously considered against a set of parameters and ROI. A brand refresh or undertaking a rebranding initiative is very often considered when a business reaches a milestone. For example, when reaching 10, 15, 20 years in business, or when a new CMO/COO joins the company, presenting reason to rethink the status quo or to make improvements to the brand image.
Whilst these can make for sound courses of action, there is a more analytical approach required to well-rounded brand management.
Brand performance should be assessed and evaluated on a timely basis to ensure that your branding is in line with your vision and values, relevant to stakeholder groups – both external customers and internal – and consistently experienced across all touch points.
The significance of strong, relevant branding:
A powerful brand will inspire and engage your audience and ultimately increase conversions and sales. A strong, consistent brand retains customers and requires less spend to attract new ones. A powerful brand also cultivates referrals and commands a premium.
However, an inconsistent, irrelevant and or disconnected brand will not achieve desired results such as these.
What is a brand audit?
A calculated approach to brand management should involve regular brand audits. A brand audit, often termed a brand health check, is a thorough examination of a brand’s current position in the market, against the competition, providing a review of effectiveness. A comprehensive brand audit will reveal new growth opportunities for your business, and new ways to make your brand resonate with both existing and a new generation of target customers who will represent your brand’s long-term future. Even seemingly successful brands need a regular brand audit or health check to keep them on track to reach their goals.
In short, a brand audit will assess and evaluate the performance of your brand against a series of criteria including:
- Relevance to achieving your business vision and reflecting your established business values
- Your relevance in the marketplace to stakeholder groups – especially your primary target audience
- The integration of your brand’s visuals, services and products in relation to customer experience
- The consistency of your branding across all customer touch points.
A brand audit can be scaled to any business size, sector and customer base, and can be as thorough as required. Most importantly, undertaking a brand audit will deliver solutions that can be transformed into actionable results. Gaps in your branding will be identified (or not!) and investment into your rebrand, brand refresh or customer experience application efforts can be efficiently focused and tailored.
Keeping branding relevant and on track is important in driving brand value and relevance. Similarly to any other asset, your brand requires managing diligently through application, monitoring, evaluation and maintenance.
At IM London, we love branding and pride ourselves in being experts in maximising our clients’ brand value with strategic execution and considered creative solutions. If you need to assess your brand performance, need support with a brand audit or are looking to undertake a brand refresh, we’d love to speak to you about your branding goals.
Drop us a line at email@example.com!