BCBusiness

November 2015 The Leadership Issue

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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NOVEMBER 2015 BCBusiness 27 ILLUSTRATIONS: VICTORIA PARK Who Are You, Anyway? D - I - Y M a n a g e m e n t exPreSS yoUrSeLf This is the stage where you know what you can truthfully say and how you can really sell yourself, says Dauphinee. "It really should be undeniable that you're being honest and that you're hitting the right people and then com- bining that with some clever or quirky marketing." Executing and building the rebrand "may involve everything from working on the website to chang- ing colours, redoing the logo, maybe even renaming and new storytelling," says Dahl. "All the diŠerent aspects that make up the brand." PrePAre for tAkeoff There should be a formal plan for how the rebrand will actually launch and come to mar- ket, says Dahl. For example, will it be a celebra- tion or evolve over time? "The execution of the rebranding and how it touches the customers needs to be formally and strategically identi…ed and planned. It should not be an ad hoc, 'Let's do this today,' because when the customer and your employees experience the new brand, they want to understand what it means." teSt the new BrAnding "Before you launch, you want to make sure that everything is making sense, it's coherent and it maps across the board," says Dahl. Ask customers and employ- ees whether it works. "It goes far, far deeper than how your letterhead looks, how your logo looks or how you display your products," says Dauphinee. "It really is a promise at its core. It's a promise that you make to your consumer, and it's a voice that needs to carry across every level of your business." figUre oUt whAt ProBLem yoU Are trying to SoLve Never rebrand simply to rebrand, says Dahl. Companies typically rebrand because something has changed—for example, you are losing relevance in the marketplace or customers don't understand you. A rebranding process can come after multiple years in busi- ness, notes Dauphinee. "Maybe you're …nding you're starting to plateau a little bit. You feel like maybe you're not getting enough penetration into cer- tain markets that you would like to." exPLore who yoU Are And where yoU're going "What do you want to convey and to whom?" says Dahl. If your customer has changed, who is your customer now? Dauphinee recommends asking: What makes you diŠerent? What makes you remarkable? What are you oŠering to the world that's diŠerent from everybody else, and how can you leverage that to make yourself more successful? "That really is at the core of a brand," he says. "It's very rarely the logo that draws people to your business. It's how you conduct your business that actually has the biggest impact." 1 2 3 4 5 Darren Dahl, senior associate dean of UBC's Sauder School of Business and director of the Robert H. Lee Graduate School, and Jason Dauphinee, creative director at Eclipse Creative in Victoria, discuss when, why and how to go about rebranding by Felicity Stone

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