Passion is not a line item in your budget. Neither are values.
“We’re not like Disney” is a common line people use, usually as a rebuttal against intensive brand development (or they toss out McDonald’s, Starbucks, Nike, etc..). In the world of brand strategy, those famous consumer brands are the de facto benchmark for “a real brand”, as though good and bad is measured on scale, not connection. While there is no question most organizations don’t have anywhere near the budget for brand execution that a Starbucks or an Apple has at their disposal, there is no line item in the balance sheet for your passion or commitment to real, compelling values.
Conviction—passionate belief in your values as a competitive advantage, and the conscious effort to live them—isn’t something that you can buy or trade. You have access to just as much passion as the famous brands, your competitors, and even the failing brands. You’ve got all the passion you’ll ever need, if you believe it.
Core values—holding people accountable for their actions in service of your mission—isn’t a budget issue. It’s a culture issue. And it’s free.
And that’s the catch. Do you really want it? Do you truly believe it?
Are you really committed to creating and delivering an experience that is compelling, driven by values that are truly engaging? Are you really committed to standing for what you believe is important and creating an experience that authentically expresses—and lives within—your core values? Do you really believe that what you offer is worthy, in spite of all the competitive options or differing opinions?
Or perhaps you just thought core values were a convenient message; the right words that are popular enough to compel to a suitable target audience. Perhaps you don’t filter every act through your established sense of right and wrong—the culture you’ve defined as important—and hold everyone accountable. When challenged, you believe values will bend if they offend.
Or perhaps you feel that passion takes too much energy and investment. Sure, you believe in what you’re doing, but you don’t believe people need to “drink the Kool-Aid” to show an unnatural sense of enthusiasm. Maybe you conflate passion with hype, letting ‘marketing’ lead the bandwagon of cheerleaders. Proof of passion—being excited about what you stand for and confident in your purpose—takes a big, bold, in-your-face expression, and you’ve got a bottom line to watch.
Too often people barter their core values and passion with excuses. They’ll find excuses for why they can compromise their values in a given situation, or why only some people in the organization are responsible for passion. Note: excuses also feel free, but actually put a massive lien on your credibility.
“When times are better…”, leaders say, “we’ll invest in making sure our values are clear and our passion is strong. But right now we have more important work to do.” Or the common, “We just need to get our work done. Whether they…” referring to anyone other than the customer “…are connected to the brand or not isn’t really important, as long as they do their job.”
Brand Strategy is about attaching values to the experience you promise. Brand Strategy is about defining your core values, and inviting people who share those values with you. Brand Strategy—the kind that adds value to your organization—is about creating a distinction with purpose and meaning.
Culture—probably more than any other factor—is the essence of loyalty; the pinnacle of brand success. So a positive culture, one that reflects the values of the org and serves the goals of the your mission, actually adds value to the bottom line. And it’s free. Easy money, …if you want it.
Passion and values are the seeds of the culture you build, and they are at the foundation of Brand Strategy. And they are free.
Great topic on both personal branding and self-development and motivation.
Thanks, Crystal. I don’t explicitly get into the discussion of personal branding, but I agree that this works in that world, too. Defining what you stand for, and making the effort to demonstrate it, is a choice that costs the same as any other.
Great post, Stephen, on the hidden costs of indifference to your brand. And oh, are those excuses about why you can’t care more expensive. Failing to pay attention to your culture (and how it’s developing) is expensive. Passion, as you put it so eloquently, really is priceless. Hence it’s got to be high on the list of organizational priorities.
This is the classic principle of investment; the immediate return may not be evident, and it might even feel a bit painful in the beginning. But the dividend in the end is exponentially greater, and it’s almost impossible to catch up if neglected in the beginning.
“Hidden cost of indifference” is a wonderful phrase. Well said, Marianne. Thanks for the comment.