Posts tagged as:

Reputation Institute

What’s your *personal* ROI as a Brandividual?

by cv harquail on June 3, 2009

I’m not a wholehearted fan of personal branding. Some elements of applying a construct designed to sell products to the activity of selling oneself are a little questionable (as I argue in my Employee Branding research),  because personal branding can lead to an overly commercial understanding of the self.

Quite simply, personal branding can become self-exploitative. And yet, it can be a useful strategy for developing ones own reputation.

It may even be that thinking about your reputation as a personal ‘brand’ can help prevent you from being exploited, if it helps you understand all that you are worth to your organization.

Especially in the role of the brandividual, individuals should understand the ways that the organization is benefiting from their employees’ personal brands. Individuals should start thinking about their personal ROI in the brandividual role, and make sure they are getting compensated for all that they are bringing to the organization. Let me explain…

_3453_3318339595_4ceaaef2f2.jpg In my talk on ‘The Rise of Brandividuals’ at the Corporate Reputation Conference last Friday, I was explaining how an individual in the role of a brandividual uses his or her personal brand to cast authenticity onto the organization and to draw people into a relationship with the organization. I argued that there may be a way that being a brandividual benefits an employee, not only by enabling them to be more of themselves at work, but also by giving them the chance to raise their own personal profile through their brandividual job.

At first glance, the blending of organizational brand and personal brand seems fair. The organization gets to use the individual’s personal brand equity, and the individual gets to use her or his role in the organization to increase their own personal visibility. With this increased visibility, the individual can extend his or her brand and develop (even more) social capital. It’s a win-win situation, so it would seem.

I also noted that right now, brandividuals are often individuals who already had a reputation and/or personal brand before joining the organization as their brandividual. When they joined the organization, these brandividuals drew on their own reputations, personal brands and social networks to attract attention to their new organization. In this way, the organization got pulled into the relationships between the brandividual and the people in his or her social network by riding on the coattails of the individual’s personal brand.

My question is:

Are these brandividuals getting compensated for all that their personal brand equity is worth? And, are these brandividuals getting an appropriate personal return when they invest their personal brand in the organization?

This question came home to me as I read Kaplan Mobray’s article in AdAge, "How to Turn High-Profile Employees Into Brand Ambassadors. If They’ve Got Strong Personal Brands, Use Them to Call Attention to Your Company." Mobray’s language and action steps made me realize that all may not be right in this exchange.

First, Mobray argues:

Hiring employees who have established personal brands will help companies immediately inherit value and relevance in a crowded market and may lead to quicker results in meeting growth objectives.

I don’t think that brandividuals should bequeath their personal brand equity to the organization. The organization shouldn’t "inherit" the personal brand equity of the people it employs. Instead, just as the organization pays for the individuals’ skills, talents, experiences, the organization should pay to use the individual’s personal brand equity.

Mobray also writes that:

Kevin Carroll, "known as Nike’s "Katalyst," travels the world promoting the culture and spirit of Nike. His personal brand has nurtured the company, provoked new ways of thinking and doing, and inspired the entire organization. Kevin has created value for his personal brand as an author and speaker and as a result has driven exponential value for Nike’s brand.

While Carroll’s efforts are driving "exponential value for Nike’s brand", what is Carroll getting? When Carroll lets Nike use his personal brand, does this generate "exponential value" for Carroll himself?

Finally, Mobray recommends 5 tips for organizations that want to "tap into the personal brands" of their staff. While these tips are sensible, not one of these tips is intended to serve the interests of the employees themselves.

This arrangement looks great for the organizational half of the brandividual equation, but what about for the individual?

While the company can create "tons of internal buzz that will have your company’s brand soaring," and while publicizing the employees’ brands might draw attention to the employees themselves, does it create any tangible value for the employees themselves?

Many (including me) will argue that playing the role of brandividual can in fact extend the reach and prominence of an individual’s personal reputation. However — it is not clear whether being a brandividual will have any lasting and transferable benefit for the individual once he or she leaves that role. We don’t know whether any of the social capital that the individual has built within the brandividual role at one organization will even travel with him to another job. For example, how much of the social capital that Scott Monty has built at Ford will transfer with him if Monty takes a job with another company?

We assume that the increased visibility in the organization’s brandividual role creates opportunities for employees to expand their own brands, and this may be true. But is that enough?

If organizations hire individuals with strong personal brands to represent the organization as brandividuals, then they should figure out how to compensate these employees for the use of their personal brands. Just as organizations pay more for celebrity talent of other kinds, they should pay more for individuals with strong personal brands.

Organizations should also do more to protect the individual’s brand equity by structuring the brandividual role in ways that allow the brandividual to be effective . (More on that in another post.) For now, we need to make sure that employees are getting a reasonable ROI when they invest their personal brands in service of the organization.

Otherwise, isn’t being a brandividual just another form of exploitation?

What do you think?

If you're interested in this issue, please subscribe to my RSS feed. Or, use the blue box (upper right) to get an emailed update. Join the conversation below...

{ 8 comments }

Here’s your chance to see someone in the brandividual role taking action, over time, in the face of a big challenge.

200906021307.jpg When I gave my talk about The Rise of Brandividuals at last week’s Corporate Reputation Conference, I used the example (well-known in social media circles) of @scottmonty of Ford Motor Company to illustrate what makes brandividuals effective. Now, thanks to Christopher Barger (and a hat tip to Chris Brogan for the idea) we can watch how a brandividual helps an organization and its stakeholders handle a tough social, reputational, and organizational transformation.

All you have to do is follow @cbarger on Twitter .

(If you aren’t already on Twitter, it’s easy to join. If @cbarger (and @cvharquail ) are the only folks you want to follow on Twitter, you can just subscribe to the tweetstream with RSS and use your RSS reader to catch up whenever you want. [If you have no idea what I'm talking about but you're interested in learning, email me and I'll help you get started.])

Like @scottmonty, @cbarger is the official Director of Social Media and GM’s Director of Global Communications Technology. In contrast to @scottmonty, @cbarger has only a tenth of the number of Twitter followers– although that may change if/as GM stakeholders and assorted interested individuals start to follow GMs actions by following @cbarger on Twitter.

200906021306.jpg Christopher Barger has a sophisticated understanding of how social media can play a role in crafting an organization’s reputation and relationships with stakeholders, although he may not be as well known as Scott Monty. It’s also not entirely clear to me that Barger is a "brandividual " per se. Christopher Barger’s personal brand may only be relevant in social media circles… we’ll have to see what kind of ‘personal brand’ he has among car fans & GM stakeholders.

What should we be looking for as we scan @cbarger’s Twitter stream? Let’s look for transparency, personal expression & interpretation of situations, and fair brokering between individual stakeholder concerns and the GM party line.

And as a bonus…

Thanks to GM’s bankruptcy filing yesterday, this is a "two-fer"– we can watch a brandividual in action AND an organization coping with profound challenges and an undeniable impetus for change.

Let us know what you see. …

For more insight, see:

General Motor’s Christopher Barger Gives Great Rundown On GM’s Social Media Progress by Jon Cass, a corporate social media expert who follows the auto industry.

The social mind of a corporate marketer (podcast)

Blogging at Big Blue, Part 1, by Dan Greenfield. How Barger got his start in social media.

{ 4 comments }

What’s a Brandividual?

May 20, 2009

When I read that David Armano had “invented” the term “Brandividual” a few months ago, I muttered choice words from an array of Continental languages and berated myself for not having TM’d the word myself.
Back when I started researching the practices of employee branding and ‘wearing the brand’, I’d toyed with the idea of using [...]

Read the full article →

Which is worse: Being “Authentic & Bad” or being “Bad for Being InAuthentic”?

April 30, 2009

Before reading any further, let’s take a poll:
[poll id=2] [poll id= 3]
How do our results compare to the findings of a more comprehensive annual survey of the reputations of US corporations?
"America’s Most Least Reputable Companies"
Reputation Institute just released its annual survey that determines the nation’s most respected companies. (The survey is summarized [...]

Read the full article →