Posts Tagged ‘BRITE Conference’

Reflections on Business, Leadership, and Branding: Shelly Lazarus ’70

February 22, 2016

Much has changed in the world of advertising from the picture painted by Mad Men. Shelly Lazarus ’70, Chairman Emeritus, Ogilvy & Mather, was one of the women helping pioneer these changes. Making the journey from ‘the only woman in the room’ to CEO and Chairman of Ogilvy gives Lazarus a lot to reflect on in the world of business, branding, and leadership.

“Being the only woman in the room in an industry where most of what was being sold at the time was to women was remarkably powerful,” Lazarus notes. This was a dual power, driving value both in the workplace and for the client by providing more accurate perceptions about a target audience at a time when decision-makers didn’t have the breadth of data in front of them that exists today.

At the time that Lazarus entered the advertising world, typing was in many ways the only skill that was expected of women. Having been inspired by the women’s movement of the time, this expectation was disheartening to her. “I must have looked so crestfallen at some interview, when some recruiter was telling me this, that she said, ‘You know, I bet if you got an MBA, they couldn’t make you type.’ Frankly, I didn’t even know what an MBA was. But I found out.” After enrolling at Columbia Business School in 1968, as one of the very few women in the School at the time, she took great pleasure in her marketing classes, and that kicked off her future career.

A lack of women in the business side of the ad world also impacted Lazarus’s leadership style, as she recalls, “I really didn’t have any [women] role models… that turned into something wonderful for me, actually, because I just was myself from the beginning.” She says this focus on authenticity has always been crucial to being a strong leader, and it will be increasingly important as the Internet and social media further drive people to expect and demand transparency from their leaders and corporations.

Authenticity, Lazarus remarks, is also key to becoming a leading brand. “If people ask me what’s important when you think about branding,” Lazarus told AdAge, “it’s understand your essence, figure out who you are, and then consistency — maniacal consistency — is really what makes for strong brands.” Sadly, despite growing attention to exactly this point, companies still don’t always fully value the strength of a brand and its associations. “[I’m] flummoxed when a company buys another company because they believe in the brands, and then, within the space of six months, they fire all the people who have been there forever.”

Oglivy & Mather is renowned for building long-term relationships with both its clients and its employees. Lazarus believes developing these types of relationships can help agencies play the role of brand steward at times when changes within a company may drive it to lose focus on the perceptions of its brands.

As for where the future of brand building is heading, during her recent Marketing Hall of Fame speech, Lazarus highlighted a huge contrast from her early years in the ad world, “[Back then] you could run two campaigns per year, and the only choice was which magazines would get to run the campaigns—Ladies Home Journal, Better Homes and Gardens,or Cosmopolitan … I used to start presentations with, ‘Imagine if you could engage a customer as an individual.’ And now you actually can.” The marketing world is abuzz with the concept of personalization, but most would admit that there is still a long way to go before consumers experience such a relationship with a majority of their favorite brands.

We are delighted to be hosting Shelly Lazarus ’70, at a special panel at the BRITE ’16 Conference honoring Columbia Business School’s Centennial. She will be joined by Lew Frankfort ’69, Chairman Emeritus of Coach; Russell Dubner ’00, CEO of Edelman US; and Nt Etuk ’02, Founder of YourGuru to examine “Is Past Prologue? The History and Future of Brand Building.”

Register now for BRITE and join us on March 7–8, 2016, at Columbia University.

BY MATTHEW QUINT

145 Years Young: Digital Innovation at The Met

June 17, 2015

In 1967, IBM founder Thomas J. Watson approached The Metropolitan Museum of Art in New York City with a then unheard of offer… to donate computers to the Museum. The Met declined. Ironically, one particular curator doubted that a computer would be a “time-saving device.”

This resistance to joining the technology-driven world may now seem as dated as a piece from the Met’s Ancient collection, given that 2011 marked the year the Met lifted its cell phone ban and redesigned its website for optimal viewing on smartphone screens. And in 2013, the Museum’s first-ever Chief Digital Officer, Sree Sreenivasan, was brought on board to digitally transform the museum experience.

Art and technology have long been bedfellows—from Michelangelo with his chisel and hammer to Ryan TrecartinSree Sreenivasan at BRITE'15 with his mixed-media video installations. Speaking at the BRITE ’15 conference, Sreenivasan, who is also formerly Columbia University’s first Chief Digital Officer, noted, “Any art you see today is because the artist used the right technology at the right time—the right canvas, the right marble, the right tools.”

Sreenivasan understands firsthand the challenges of keeping pace with a rapidly evolving digital world, particularly at renowned institutions with such historical significance. At BRITE ’15, Sreenivasan shared insights from digital, mobile and social lessons learned during his tenure with The Metropolitan Museum of Art. He explained that a consistent strategy across mobile and social media platforms, like the one employed by the Met, is pivotal to staying relevant and continuing to meet consumers’ day-to-day desires in this age of constant change and innovation.

It’s no secret that mobile is now more important than ever. In September 2014, the Met launched its first app. Sreenivasan wanted to provide Museum visitors with an app that would speak more directly to their interests, “instead of putting the whole museum in [their] pocket.” Art enthusiasts can track upcoming events, save their favorite works of art to their smartphones and tweet about their favorite exhibitions. Within two weeks of its release, the app was downloaded more than 100,000 times and has been hailed as one of the Apple Store’s “Best New Apps.”

Though his title is Chief Digital Officer, Sreenivasan considers himself to be more of a “Chief Listening Officer,” observing the varying interests and behaviors of the institution’s 6 million museum attendees and the 30 million unique online visitors a year. “That’s a lot of listening,” quipped Sreenivasan.

One result of all that listening was a commitment to creating hashtags for each exhibition. No small feat, considering the Met currently houses over 2 million works of art. Sreenivasan credits the audience who tweeted their wishes for an intuitive way to share their museum experiences.

Sreenivasan notes that audiences are becoming increasingly “culturally curious,” eager to glimpse the behind-the-scenes of installations. The Met answered this growing need by displaying online the restoration of one of its most coveted acquisitions, Everhard Jabach (1618–1695) and His Family, ca. 1660, by French artist Charles Le Brun.

Charles Le Brun (French, Paris 1619–1690 Paris) Everhard Jabach (1618–1695) and His Family, ca. 1660 Oil on canvas; 110 1/4 × 129 1/8 in. (280 × 328 cm) The Metropolitan Museum of Art, New York, Purchase, Mrs. Charles Wrightsman Gift, in honor of Keith Christiansen, 2014 (2014.250) http://www.metmuseum.org/Collections/search-the-collections/626692

Through the Met’s social channels, fans and followers were able to view this typically veiled process from anywhere in the world. “Instead of working on it in secret for a year and then putting it out, we’ve already started blogging about it.” Viewer comments have ranged from questions surrounding oil paint solvents to expressions of gratitude for the ability to witness art history in the making.

One such commenter said, “Thank you for giving us the opportunity to see this fascinating work…. [R]eading about it does not convey the same image.”

Another asked, “How many more do we have to look forward to? I’m anxious to see the work in the gallery, but not so much that I wish you to rush, rush. I am enjoying my time!”

When it comes to choosing social media platforms, Sreenivasan advised that, depending on your business, you don’t always have to be on every network, and “there is no reason to be first [on a social media platform]. Join when it makes sense for you.” Sreenivasan reminded the audience of the potential minefield of controversy that social media platforms can become. “Almost everyone will miss everything you do until you make a mistake,” he cautioned. In the October 2014 New York Times article, Museums Morph Digitally, Amit Sood, director of the Google Cultural Institute in London, echoed this sentiment, “I learned not to underestimate museums. They were a little slow to the digital game. That’s a good thing.”

Slow to the digital game, perhaps, but well-conceived. Sreenivasan’s digital strategy at The Metropolitan Museum of Art has allowed this nearly 150 year-old institution to remain a timeless cultural mainstay while continually reinventing how it delivers art to art enthusiasts, based on their desires as they express them, from their smartphones to the front steps of the Museum itself.

BY THEO LEGRO

The Future of Omni-Channel: Insights, Innovations & Experiences

June 17, 2015

net-a-porterIn this technology-driven age, a common challenge for companies has been integrating new technologies into their existing business models, marketing and operations. This has been said to remain true for luxury brands. Convention has held that digital commerce is for the penny-wise. Research and consulting firm McKinsey dispels this perception. It reported that nearly 50% of luxury purchases are in fact influenced by digital. Warc’s Darika Ahrens aptly notes, “High-end income earners love high-end technology.”

Recognizing this, luxury fashion brand Rebecca Minkoff, an early adopter of new technologies in retail, is leading the way in immersive experiences that touch upon all senses to resonate with these digital-savvy, affluent consumers. Speaking at the Center Emily-Culp-BRITEon Global Brand Leadership’s BRITE ’15 conference, Emily Culp, Rebecca Minkoff’s SVP of eCommerce and Omni-Channel Marketing, discussed driving customer lifetime value by delivering multi-faceted experiences derived from technology, insights and organizational structure.

In 2014, Rebecca Minkoff launched its “Connected Stores” in New York and San Francisco. Culp explained that by leveraging beacon technology and RFID tags, Rebecca Minkoff offers consumers an even more personalized, integrated experience. “When [our customer] walks into the fitting room, it Rebecca-Minkoff-Connected-Storerecognizes merchandise and gives recommendations on what to wear [the item] with.” Interactive dressing room mirrors entice customers to browse video and content, order complimentary beverages, save merchandise options to their devices via the Rebecca Minkoff app, and check in-store and online inventory. Customers can even adjust fitting room lighting to reflect the setting in which they would don the outfit (i.e. “SoHo after dark”).

In developing experiences for their omni-channel consumer, the question Culp asks herself is straightforward: “How do we flawlessly execute this omni-channel marketing in such a complex ecosystem?” At BRITE ’15, she outlined four essential points to succeed at this:

  1. Leadership: the ability to embrace smart risk and experimentation
  2. Expertise: building teams with hybrid skill-sets (e.g. creativity combined with an understanding of metrics)
  3. Linkage: breaking down the silos to align the KPIs of different departments
  4. Communication: sharing insights even when they may seem irrelevant to another team. “Maybe they can take it in a different way that another hasn’t [considered],” explained Culp.

In particular, culling data from all touchpoints is at the foundation of their approach. “A lot of people think that data is boring,” she explains. “I inherently think this is one of the most creative and fascinating parts of marketing today.” Quantitative and qualitative insights paint a holistic picture of their consumer. “[W]e can see as she traverses across these different channels what her behavior is and help her make informed decisions when it’s right for her.”

Through research, Culp’s team discovered that their consumer checks her smartphone, on average, 150 times a day, spiking at different points depending on when she’s at work using her computer or at night on her tablet. “The constant is mobile. So for us, when we’re looking at omni-channel marketing… we start with mobile.”

Rebecca-Minkoff-App
Culp stresses the importance of not employing technology for technology’s sake. It should have a purpose. For Rebecca Minkoff, it’s using technology to seamlessly deliver value to consumers, relieving pain-points and empowering them to make informed decisions while shopping in-store and on any device at any time, anywhere in the world.

Check out Emily Culp’s talk at BRITE ’15 to hear more on developing omni-channel innovations and experiences to drive long-term value.

BY ALLIE ABODEELY

Disney Shares the Secret of Happiness

February 6, 2014

Mention the word happiness and usually two brands come to mind, one of which is Disney (you’ve likely already thought of the other). Disney maintains this association through consistently delivering great experiences for all their stakeholders — an expertise they now provide to other companies through their own  consulting institute.  We are pleased to have Jeff James, general manager of the Disney Institute, at BRITE ’14 to talk about how companies can become leaders in providing happy experiences.

This little-known training and consulting arm of Disney was started almost 30 years ago, and the company now works with a wide range of organizations from Chevrolet to Florida Hospital. While the overall goal of most projects is to improve the brand experience, much of its activity is focused on the leadership and training efforts that are necessary to drive this kind of organizational change.

James writes regularly for his corporate blog, and a recent post focused in particular on what helps drive inspiration and creativity both as an individual and within an organization – key elements to sustaining happiness in life and work. He offers some sage advice about thinking small, “Remember that creativity is not always about the ‘big ideas.’ The biggest majority of the creative work you can do today is around incremental improvements that arise from the creativity surrounding the projects you are working on daily.”

When working with companies, it isn’t as if Disney can just wave a magic wand and immediately transform a company’s brand experience. As James told the New York Times, “Companies come in and say, ‘Just make my employees smile more,’ but you can’t take Disney and just plug it in. We can advise them on how to change, but the heavy lifting is theirs.”

We look forward to hosting James on our BRITE ’14 panel, “Possessions or Experiences: What Makes You Happier?” which includes perspectives from the worlds of business, economics, urban planning, and branding, on how organizations can, and should, contribute to the happiness of citizens, consumers, and society.

REGISTER NOW for BRITE ’14, March 3-4, Columbia University, New York, NY

By MATTHEW QUINT

Building Your Action Plan for Social Media Marketing

July 23, 2013

As social media platforms went through their early exponential growth, marketers were compelled to dive blindly into the pool. Today they care about what kind of splash they will make. The pressure is on to create concrete strategies and deliver real value from any time spent on social media marketing activities. At the BRITE ’13 conference, Ric Dragon, author of Social Marketology, offers an action plan for marketers, of all sizes, to think smartly about how to best use these new tools and the 1-to-1 connection they offer.

While it should be obvious, Ric has found that many companies still don’t think about their desired outcomes – how will a social media marketing effort fit in with your company’s broader brand position and personality, and how does it align with all your marketing goals? He notes that the important thing is to consider and develop an understanding of these four major brand stakeholders:

  • Us – be united internally on your company’s brand goals and personality
  • Them – know what drives your consumers and how they perceive your brand
  • Communities – uncover the larger, aggregated networks of your consumers
  • Influencers – get to know who is influential in these communities

Throughout his talk, Ric provides insights on how to think about developing metrics for your social media campaigns, how to uncover micro-segments of active communities that will likely have an affinity for your brand or communications, and how to “professionally stalk” and excite the influencers of those communities.

These techniques would then be executed within five key approaches to social media:

  • Brand maintenance – having a footprint, and listening to and occasionally interacting with your customers
  • Reputation and crisis – creating and sharing content that shows your leadership on business and/or social issues
  • Community building – creating an interactive presence with brand ambassadors
  • Influence – targeting and connecting with key social media influencers in your category
  • Big splash – creating attention through a unique campaign that will excite a huge reaction

“[Marketers] need to think about the healthy mix of these approaches,” Ric states, “and acknowledge that they may change over time.” Each brand must develop an action plan that weighs the level of attention it gives to the development of web properties, social connections, content creation, and stakeholder engagement, and how this balance should be altered each quarter.

Ric concludes, “When we integrate all this work with storytelling, it is extremely powerful, and I believe we all can grow our business through social media.”

 

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