In the first part of this post, we saw the 5 instrumental influences an Empowered & Branded Executive has in empowering the Corporate Brand, by personifying the yin-yang philosophy, which thus leads to a cohesive development of both the Brands in this equation, harmoniously. This post goes on to highlight the next 5 benefits of empowering your executive’s personal brand.
6. Inspires a higher Employee Engagement Level
Empowered Executives feel Appreciated & Honored; and indeed this is ‘your’ reason behind their strategic selection of being the worthy Brand Ambassadors of your corporate brand. When you empower them to take control of their personal brand and career, it boosts their happiness and job satisfaction quotient by miles; and in the form of a win-win turnaround effect, boosts their engagement with the company, customers, associates, business stakeholders etc. and thus accelerates their performance too.
7. Enhances Customer Connect, Client Preference & Loyalty
For an executive, when his Personal Brand reputation becomes as sacrosanct as the corporate entity’s, his performance is fueled with 2X times the effort in building, nurturing and protecting both the reputations-as both are at stake. So as a result of this 2X worth of efforts in the execution of his personal branding & professional commitments, he goes on to add 2X times value to his customers, associates, potential clients and so on. Better value addition at the same or no cost of investment, endears him to them and earns him the deserved reputation of being the go-to person/brand for an enhanced value addition experience. This is the most vital outcome of this exercise- a happy and content customer and client base that is converted into a group of brand loyalists, and more importantly brand evangelists for both these brands they are experiencing.
8. Builds a Dual Halo Effect: The Thought Leadership augments the Corporate Brand Appeal & Brand Equity
The Branded Executive, a proactive brand ambassador is perpetually in the limelight advocating his knowledge and wisdom, by promoting his personal as well as corporate services & products, which enable his brand community to lead a better life. This builds and fosters a reputation of thought leadership for both these entities as they are slowly perceived as the harbingers of the better way of life. This thought leadership, magnetizes (both) your Brands and enhances the appeal they have in your Brand Community; and once a Brand builds its reputation as the thought leader, it then goes on to evolve as the ICONIC Brand that enjoys unrivaled brand equity in the industry. This is the priceless dual halo effect of Personal Branding adoption by the Corporate Brand.
9. Executive Branding brings your Corporate Brand to Life; as they become your Brand, in Action.
There is never a time, that the Corporate Brand has not once, wished to have a live personification of their Brand-in flesh & blood: an individual who epitomizes their corporate brand, talks their brand, and walks their brand! Executive Branding allows the Corporates to empower their individuals to not only build their own personal brands, but simultaneously synchronize their personal brands with their employer’s corporate brands for an enhanced brand experience at their personal as well as professional level. This effort in working towards attaining a harmony with the corporate brand empowers them to bring the ethos, values and vision of your corporate brand to life; by offering a firsthand LIVE experience of your brand to your target audience.
10. Most important: a Stronger Brand means Better Business means Bigger Profits!
Powerful Brands foster Better Businesses and Growing Businesses nourish the power of their Brands. And when this nourishment and enrichment of brands happen at the corporate as well as personal levels, then a business is said to actualize 100% of its most precious asset-its executives. By empowering them to build their personal brand, and thus evangelize and nurture their corporate brand in the process, the company ensures that the executives become the custodians of the brand-who are voluntarily and proactively contributing and building its visibility, credibility and reputation to attract better business opportunities, and hence influence the overall profitability of the company-monetary as well as the corporate brand equity.
These are the 10 benefits that your company can milk by adopting the power of personal branding and honoring your key executives-your star performers, as these are indeed the true brand guardians of your brand.
Words of Wisdom: View branding of your Company and your Executives as an Investment; the one that yields returns in a long run; priceless returns that no other investment can match.
Liked this article, and wish to experience the power of Executive Branding for your C-Suite Executives? Get in touch with its Author & the Personal Branding Pioneer in India-Tanvi Bhatt (The Personal Brand Strategist for Indian CXOs) today!