Brand, Identity and Reputation: Exploring, Creating New Realities ...
Brand, Identity and Reputation: Exploring, Creating New Realities ...
Brand, Identity and Reputation: Exploring, Creating New Realities ...
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Research questions <strong>and</strong> methodology<br />
This study looks at corporate br<strong>and</strong> management <strong>and</strong> links a corporation‘s br<strong>and</strong> identity to family values. It focuses on<br />
management who try to establish a "family feel". <strong>Br<strong>and</strong></strong> identity content can be detected either in a actual,<br />
communicated or even ideal identity (see Balmers AC 3 ID Test, Balmer, Stuart & Greyser 2009).<br />
The key question, this study addresses, is: ‗When <strong>and</strong> why does family add value <strong>and</strong> act as a differentiator between<br />
br<strong>and</strong>s?‘ To answer this question this paper initially examines the extent to which family is currently being used as a<br />
differentiator. The research is based on a case sample of four different industries. All cases are discussed within a<br />
proposed framework that comprises family feel indicators observable through secondary research. To explore this topic<br />
we have developed a framework to identify if a company presents a family ‗feel‘ either externally or internally through<br />
br<strong>and</strong>ing <strong>and</strong> communication (Memili, Kimberly, Kellermanns, Zellweger & Barnett 2010).<br />
Underst<strong>and</strong>ing weather a family feel is used as part of a corporation‘s identity will lead to us addressing the following<br />
key questions surrounding family <strong>and</strong> br<strong>and</strong> management: (1) Should management address ‗family‘ as a value? (2) Is<br />
family a differantiator? (3) Should a corporation adopted by a family focus on its (face) value? (4) Can management<br />
play the family value <strong>and</strong> are there risks of overplaying it? (5) How much should ‗family‘ be emphasised by the<br />
corporate br<strong>and</strong>? (6) When <strong>and</strong> why does a true <strong>and</strong> sustainable family feel add value to the corporate br<strong>and</strong>? (7) When<br />
does family br<strong>and</strong> value have a positive influence on the leadership of the company? (8) And how to play "family" into<br />
the internal <strong>and</strong> external perception of the company?<br />
Family businesses can be found in almost all industries. For our research we selected four sectors; retail, construction<br />
materials, health care <strong>and</strong> banking. All of these industries are global <strong>and</strong> established in almost all markets. Between our<br />
four sectors we represent both business to consumer <strong>and</strong> business to business concerns.<br />
Findings <strong>and</strong> practical implications<br />
The findings un-earthed following the initial secondary research that this article presents will not tell us definitively<br />
when <strong>and</strong> how family adds value to a business. What it gives instead is a set of "indicators" that allow us to identify the<br />
presence of a "family feel" within any organisation. These "indicators" lead to a framework in which family business<br />
<strong>and</strong> br<strong>and</strong> management will be discussed. At this level of findings, indicators are split into external <strong>and</strong> internal usage.<br />
External indicators: (1) Family founding name included in company name: Made via an unconscious decision or<br />
planned by management, naming can evoke a specific family feel, even if family members are not part of the company<br />
anymore. (2) Family referred to the company‘s values: The family represents a specific attitude to business <strong>and</strong> it is part<br />
of external communication <strong>and</strong> approach to business. (3) Family story prominent in company history: The personal<br />
story of the family is directly linked to the corporate br<strong>and</strong> <strong>and</strong> used in external communication. (4) The notion of<br />
family used by external communications: Family as a stereotype is used in advertising <strong>and</strong> corporate communications.<br />
(5) Family imagery or films used: Portrayal of family imagery in br<strong>and</strong>ed external communcation. (6) <strong>Br<strong>and</strong></strong> symbols<br />
<strong>and</strong> are directly linked to the family (i.e. a signature logo)<br />
Internal indicators: (1) Family members present in management: Owners concentrate on internal management. (2)<br />
Family members present in supervisory board: Family presence is limited to corporate governance <strong>and</strong> not used<br />
regularly in public <strong>and</strong> management. (3) Family name included in company name: Family is part of the heritage without<br />
being involved in actual management <strong>and</strong> ownership. (4) Family values referred to in recruitment information: Family<br />
values are strongly used throughout the entire recruitment processes. (5) The notion of family used by internal<br />
communications or initiatives: i.e. celebrating corporate anniversaries are strongly linked to a sense of family. (6)<br />
Family imagery or films used for recruitment: A sense of family is part of the recruitment argument.<br />
The key finding is a framework that can lead to aiding management decisions within family owned business or be used<br />
as a platform for further research about corporate family heritage <strong>and</strong> br<strong>and</strong> management. Summarising the results of<br />
the study, it detects several major gaps in regards to companies presenting a non-coherent internal <strong>and</strong> external family<br />
feel which present avenues for further exploration around br<strong>and</strong> alignment <strong>and</strong> authenticity.<br />
Amongst other cases the study presents finding in which strong family businesses only use a family approach internally.<br />
In terms of their external communicated br<strong>and</strong> identity (Balmer et al. 2009) other values <strong>and</strong> stereotypes are used <strong>and</strong><br />
replace any outward family feel. This situation causes important br<strong>and</strong> management issues that should be explored <strong>and</strong><br />
addressed.<br />
An even more dramatic situation is described in the study when a family feel is used externally despite the fact that<br />
there is no family present within the business. The gap of authenticity stretches the br<strong>and</strong> across customer <strong>and</strong><br />
stakeholder expectations. Such an approach needs to be managed carefully from a br<strong>and</strong> perspective in order to satisfy<br />
all relevant parties.<br />
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