Your brand is the platform through which your communities and patients, and in turn, your healthcare system or hospital brand, grow stronger.
We presented to the Board of a healthcare system client last week. We’re rebranding the organization and were reporting on our Discovery and initial Strategy direction.
To provide context for our presentation we opened with a few slides titled “Great Brands.” This cross-functional senior team, comprised of employees and community members, don’t spend much time thinking about the “b” word, so we wanted to make sure we were all on the same page from the outset of our session.
They found the slides extremely revealing as they challenged their beliefs about brands. As a result, it widened their lens and provided a much richer (and rewarding) picture of their opportunity. Expanding on the few opening slides…
Great Brands bridge brand strategy and business strategy. Using brand to differentiate organizations, products and services to maximize their value and potential – by managing all of the tangibles and intangibles that surround these offerings – successfully achieved when championed by the CEO, embraced by leadership and lived by every stakeholder.
Great Brands create relationship and financial value inside and outside the organization. They create relationship value internally by impacting recruitment and retention, staff connection and commitment, pride in the organization and confidence in the future. Externally, they enhance community health status, influence consumer choice and build loyalty, create leverage by attracting partners, enhancing relationships and allowing the organization to seize new opportunities.
They create financial value internally by optimizing marketing/spend resources, enhancing future cash flows and bond rating and promoting coherent and efficient brand management. Externally, brands influence service volumes, donor attraction and contribution, capital fundraising and higher revenue procedures.
Great Brands are built on a foundation wider and deeper than brand positioning. They are nurtured with connecting Stories, shaped by shared Values, guided by Promises, expressed by way of their Positioning and Personality, and succintly captured through their Tagline.
Great Brands know that actions speak louder than words. To talk only of their “campaigns” diminishes their opportunity to help communities, patients and ultimately the organization itself grow stronger. An easy example is Nike + iPod which gives you feedback while you record your run or workout and then lets you track your progress.
In short, great brands provide the energy that drive your communities, patients and organizations forward.