Every company experiences a rut. Perhaps it’s because of the ever-changing world, technology (and the lack of capability or desire to adapt), and/or a new management. It may even be the work of external circumstances. A strong yet underhanded competitor, maybe? Whatever the case, when your company is losing steam, there’s a fix. But it will take a lot of time and effort.
You know what it is. Rebranding. Not all companies need one since it’s very risky. But what about those that do? There have been success stories and huge failures. It’s a long campaign, and taking shortcuts may very well compromise everything: years of history, customer trust, employee loyalty, etc.
Any self-respecting entrepreneur knows that those are just as important as every ounce of effort you put into your business. That fact alone makes it risky from the get-go, but any miscalculated step you take is a potential snowball waiting to roll down. In short, disregarding a lot of considerations during a rebranding will only make things worse.
When it’s time to say goodbye to the old and say hello to the new, every person involved must be on the same page. For each process, everybody should work towards the same short- and long-term goal. Since rebranding doesn’t happen overnight, the possibility of people getting ahead—and, of course, people lacking behind—grows more or more. So letting each level of the hierarchy know what, where, and why is essential.
This, then, is corporate communication. Because you’ve got a lot of pointers, conditions, and rules you need to cover, transparency and reachability are definite musts. And what’s a better communication and presentation tool to use than Microsoft PowerPoint? Nothing, according to an awesome presentation design agency. Check this infographic on how you could leverage communication with your people in the best way possible.
Resources:
DeMers, Jayson. “5 Examples of Rebranding Done Right.” Forbes. July 7, 2016. www.forbes.com/sites/jaysondemers/2016/07/07/5-examples-of-rebranding-done-right/#3c8c60492124
Shandrow, Kim Lachance. “The 8 Must-Follow Rules for Rebranding Your Company (Infographic).” Entrepreneur. September 10, 2014. www.entrepreneur.com/article/237296
