Showing posts with label SMEs. Show all posts
Showing posts with label SMEs. Show all posts

Tuesday, 23 February 2010

Creating Design Strategies for businesses

A brand is a manifestation of design experiences. So are the products, services and marketing communications such as packaging, corporate websites and advertisements. The glass of water with your company logo that you serve your clients is one of them too.

Following this line of thought, it is almost easy to conclude a Design Strategy sounds very relevant to any business. Yet, Design Strategy is relatively rare in businesses outside of the creative industry especially SMEs in Singapore. My guess is that this is a relative alien or new concept where the definition and benefits are not very clear. We need to know what Design does first.

Design in business is hard to define yet its manifestations abound. From the way the logo, brand, tag line and the experience it delivers, it is like a light bulb which produces light but you do not feel it is really there. Increasingly, design in businesses is getting a heads up as we know what it can achieve. Design grows a business and ensures its sustainability.

 
Razer which designs gaming mice and peripherals is a testament of good design and branding. Gaming and mice are both not new categories yet Razer managed to capture nearly half of gaming peripheral market share in a matter of years. This model above is one of the fastest wireless mouse in the market. By this design alone, it is remarkable.Razer understood the language of gaming tribes and dived in deep. Designing true experiences for gamers by gamers which is also its brand tag line.

The Strategy aspects talks about a plan or model which Design is road-mapped like a business strategy. Hence, Design Strategy is about utilizing design or design thinking to help businesses gain competitive advantage over competitors.

In the next 3 posts, I will investigate how Design Strategy can impact businesses with examples.

Please leave your comments, if any. Image taken from Razer website.

Thursday, 11 February 2010

How do we become more innovative?












Aeron Chair from Herman Miller Inc.

Attract more Design Centers, less Business Centers. Design leading businesses.
Build a proper Art School. Uplift the notion of being a designer. We need design maestros.
Brand innovation as a culture rather than an approach. Creativity is never an algorithm.
Gather tribes to promote innovation, TED.
Put a designer in every business meeting.
Design thinking with T-shape employees.
Encourage Validity over Reliability. Take risks. Fail forward.
Advocate design consultancies.
Government to rally in.
Involve the SMEs.

Please leave your comments, if any.

Thursday, 5 November 2009

Merits of Brand Flexibility

How flexible is your brand? Is your brand able to meet changing consumer needs? Is your brand still relevant to your customers today? Is your brand shrinking or growing? These are probably burning questions brand managers and owners face. The best way to measure brand flexibility is survival-ability.

Brand flexibility is not about changing brand proposition because of changing trends or tastes etc. A brand needs a grounded promise. Brand flexibility is not changing that core proposition. Will Starbucks ever set up a dedicated juice bar counter during hot summer months? Quite possibly but selling dark roasted coffee is what Starbucks as a brand stands for but they are flexible enough to incorporate non coffee (fruity blends) and seasonal treats in their product mix. Toffee nut latte during Christmas period is my absolute favourite!

Brand flexibility is about staying relevant in order to survive tough compeition.

A defeated tune
Sembawang Music Centre is bringing down its shutters after years in the retail mall scene. Sembawang sells music just like That CD Shop and Gramophone but the latter two survive despite declining CD sales. These survivors have their own ways of selling music. Gramophone takes on a mega store approach that sells CD, DVDs, Blu-Rays, earphones, speakers and even PC accessories. Gramophone recognizes consumer needs for a one-stop supermarket shopping experience. Whereas, That CD Shop fuses sexy (strictly all female sales team) with their own private label music called High Society. That CD Shop builds their own discerning music followers (High Society Tribe, complete with a dedicated website), who appreciate their handpicked compilation, complete with in-store eye candy. Unfortunately, Sembawang failed the flexibility test to evolve. 'Neighborhood-style' music stores simply cannot cut it in retail malls anymore.

Inflexible brands expect customers to listen and follow. What if customers don’t? Tribes get disbanded to join others because there is always another one round the corner that feels and looks better. Profit goes where your tribes go. SMEs in Singapore are more vulnerable. On the bright side, SMEs do have lighter feet to make relatively fast turnaround or brand revamps. Big brands are huge oil tankers, takes longer time to change directions. Being small might not be all that bad.

Is your brand tuned for flexibility to relate and adapt? Building flexible brands start with integrative thinking with your customers. Be relevant; be flexible in your branding.

Please leave your comments, if any.