 |
New
Survey Results
Do
PSF practitioners WANT to market and sell? See
the results of our research.
Our
upcoming surveys:
Are Marketing and Business Development Functions
Stuck in a Rut?
How
well do Marketing and Business Development work
with other operations, like Finance, IT, HR, Legal
and more?
PSF
Marketing/Business Development Integration –
Does it Benefit Clients?
News
Podcast:
The
Silver Group's interview with Suzanne Lowe
on differentiation and her upcoming book. January
2008. MP3
file
Read
a summary of Suzanne Lowe's upcoming book The
Integration Imperative™.
The
One Piece of Advice You Can't Generate Leads Without,
Rain Today, September 2007
New
from the Expertise Marketplace™ Blog
Hiring
fee-earners who WANT to Market and Sell
I'm
at the February 2008 Carnival of Trust
Pricing:
An Elephant in the Professional Services Room?
Can
PSFs "PSF" themselves?
Are
you "cup half-empty" on Marketing ROI?
See
all the posts at the Expertise Marketplace blog
Subscribe
to the blog's RSS
feed for regular updates. (Need
RSS help?)
Subscribe
Did
a colleague forward this newsletter? Sign
up to receive your own copy.
|
 |
"What a great
newsletter — about the only one I've ever
found useful in the marketing space."
—
Marketing and Communications Director, New York
investment firm
Recent
Issues
Five
Questions for Eileen Harrington, VP, Marketing,
Analysis Group, on the Firm's Web Initiative,
January 2008
A
Year of Doing Things Differently, December
2007
Doing
Things Differently – Using Budgets Proactively
to Evolve a Professional Firm’s Marketing
Program, November 2007
You
can order
Marketplace Masters from Barnes &
Noble, Amazon, your favorite online bookseller,
or CEO-READ.
|
 |
The
Marketplace Master™ is a monthly email publication
on professional service marketing from Expertise Marketing,
LLC.
Using Branding in a Professional Service Firm to Escape the "Sea of Sameness"
Have
you ever felt that your firm was drowning in a "sea
of sameness," barely differentiated from the competition?
This
month we talk to Jessica Reiter, Vice President of Strategic
Marketing for R. W.
Beck, who used that clever term to describe the
impetus for the firm to launch a branding initiative
that resulted in a new company vision, mission, brand
attributes and promise, and ultimately an improved way
of doing business.
R.
W. Beck, Inc. is a technically-based business consulting
firm providing engineering, economic, financial and
planning solutions for the energy, water and solid waste
industries.

Suzanne Lowe
President, Expertise Marketing
Author, Marketplace Masters: How Professional Service
Firms Compete to Win
P.S. Is your firm employing unique marketing and business
development strategies or tactics? Are you marketing your
firm differently? Let
us know if you would like to be featured in a future
issue. Five Questions for Jessica Reiter on Launching a Groundbreaking Branding Initiative
Lowe:
Describe a "Doing Things Differently" initiative
that is intended to increase your firm's marketplace
effectiveness.
Reiter:
One initiative that has had an impressive impact
on the way we do business is our Brand Program. Our
goal was to develop a unified brand strategy that enables
and ensures a consistent client experience – through
every action, communication, and touch point with our
stakeholders. It involves every employee at all levels
of the organization. When stakeholders interact with
someone from R. W. Beck, we want them to have a consistent
experience and image of R. W. Beck and the way we deliver
our insights to positively impact our clients.
We
define our brand as the promise we make to the marketplace
and to each other. It’s everything we do, everything
we say. It's our reputation. It's what stakeholders
describe, what they feel, what they think, what they
experience with R. W. Beck—that's our brand. It's
not a marketing program, a slogan or a logo. Our Brand
is made up of what we term our “Guiding Principles”
– our company vision, mission, attributes, and
our brand promise, which is "Mind Powered:
Insight with Impact."
Lowe:
How did you realize that something different needed
to be done?
Reiter:
We engage past, current, and potential clients to stay
in touch, to evaluate the marketplace and to see how
R. W. Beck is performing. We have received varied feedback
in the past about what we are known for, what we do
best, and how we’re different from the competition.
As one of hundreds of management consulting and engineering
companies, we’re at risk of falling into a "sea
of sameness" in the market. When we asked clients
how the consulting firms they used differed, we'd hear,
"Ya know, you're all about the same."
We
knew we needed to elevate ourselves from this "sea
of sameness" of consulting firms. We needed to
do something that would make a difference to our clients
and therefore make a difference for us. Objectives and
strategies of our brand program focused on defining
and enabling a consistent client experience that would
differentiate us from the “sea of sameness.”
Lowe:
How did you overcome the obstacles or internal challenges
to turn your idea into reality?
Reiter:
Change is often a cause for concern. For some people,
the immediate knee-jerk reaction was, "Wait a minute,
you're changing something, why are we changing?"
It
was absolutely imperative to demonstrate the business
case by sharing what we learned from our client research.
We convinced professionals in the firm that if we wanted
to get out of the "sea of sameness," if we
wanted to do something better and different for our
clients, and really excel as a firm, this is what we
needed to do. But, we couldn't do it individually, or
inconsistently. We'd have to come together as a team
and have one voice, one reputation in the marketplace.
With
any change you need to make people comfortable and educate
them so they are active and positive participants in
the process. And with brand programs at professional
services firms, it's all about getting your employees,
every single one of them, from interns to the CEO, to
understand, embrace, and enable what you need to accomplish.
Lowe:
What's the status of your “Doing Things Differently”
initiative now, even if it’s not finished yet?
Reiter:
We kicked the program off at the end of 2006, and it's
been hard work but very successful and exciting. For
the development phase of the program we worked with
an outside strategy consulting firm.
The
first step was to talk with our past, current and potential
clients, and industry influencers. We did our research.
Then to get things started internally, I built a program
team. Called the Brand Council, the team included our
executive level (CEO, CFO and executive vice presidents).
It was crucial to have them on the development team
because it got buy-in from the top; and it quickly established
excitement and interest at all levels.
When
we were ready to share progress with our employees we
launched an internal brand education program. We focused
on helping employees understand what they can do differently
in their jobs to really live the brand. We
encouraged employees to be active participants, from
program development to implementation. We included all
600+ employees in over 25 different locations, including
Singapore.
Our
internal rollout included in-person facilitated lunch
meetings, online e-learning modules, html emails, posters,
packets and handouts, and even fun contests to get people
engaged and excited. Our lunch meetings would have themes
– Chinese food followed by specially made fortune
cookies that we wrote 40 different “brand fortunes”
for. My team had fun writing the fortunes – things
like “It’s not the size of the firm,
but the brawn of the brand” and “You
were born to be a brand role model.” We would
ask people to read their fortune and describe the meaning.
We also promoted participation at the meetings with
Starbucks gift cards, crisp $20 bills, and even iPod
shuffles with our brand promise engraved on the back.
All of this has made for some very fun, interactive
sessions, fantastic participation, great prizes and
effective learning!
The
real goal of all of these internal programs was to guarantee
that every employee understands, embraces, and can deliver
on our brand promise. In order to deliver our brand
promise externally, you have to be certain that internally
every employee gets it. External implementation has
been more natural, because it's about each one of us
living our brand and delivering on our brand promise.
There won't be a big external launch campaign. We'll
just do it.
Our
brand program has led to so many things. We've started
new project manager training and we're updating all
of the standards of practice. We have new leadership
training and have started what we’re calling “Beck
University.” We also have "new language,"
a new visual identity, new graphic elements and concepts
that we use to portray ourselves. We started rolling
this out externally in late 2007, and we'll continue
throughout 2008. We are making some changes to our performance
review process and compensation system that will promote
accountability and will reward employees for delivering
on our brand promise.
All
of these things help our employees be exceptionally
successful at what they do. As you know, in professional
services, you're delivering the people.
Lowe:
What advice would you give other professional service
marketers who want to Do Things Differently?
Reiter:
My advice is to always remember that the client is at
the center of your business. In professional service
organizations, everything begins and ends with your
clients – every initiative should have an end
goal of providing value for the client. It's crucial
that you are truly invested in your client's success
so they consider you a trusted advisor and partner.
Secondly,
when you discover that there is something you want to
change internally in your firm, you have to do your
homework, and then start at the top. Bring information
to your executive leadership and say, "Here are
the facts." You're not there to tell them what;
you're there to tell them why. You need to
answer that "So what?" question.
Finally,
to be a successful professional services marketer, remember
that business is ultimately about people. Foster personal
connections with stakeholders. Collaborate with them
to solve problems. Engage those you work for and with
by thinking out of the box and daring to be different.
It makes an impact, and people remember that.
Your
feedback is important to us. Please contact
us with your comments and questions.
Call
for interview subjects: Do you know
of a professional service firm that is taking steps
to integrate its marketing and business development
functions and would be willing to be interviewed for
Suzanne’s upcoming book, The Integration Imperative™?
If so, please direct them to our
page on The Integration Imperative™ for more information.
Take
the confidential, web-based Marketplace Masters professional
service firm differentiation assessment test for
instant feedback on whether your firm is doing differentiation
right.
©
2008 Expertise
Marketing, LLC All Rights Reserved |