Here are the six brand attributes I outlined.
I worked at Lands' End in the early 1990s.
- Omnichannel Zombie = Low.
- Diversified Portfolio = Average.
- Lucky Duck = High.
- All Seeing Eye = Low.
- Merchant Prince = High.
- 3-D Chess = Low.
I worked at Eddie Bauer, way back in the late 1990s.
- Omnichannel Zombie = High.
- Diversified Portfolio = Low.
- Lucky Duck = Low.
- All Seeing Eye = Average.
- Merchant Prince = Average.
- 3-D Chess = High.
And I worked at Nordstrom in the early 2000s.
- Omnichannel Zombie = Average.
- Diversified Portfolio = Low.
- Lucky Duck = High.
- All Seeing Eye = Average.
- Merchant Prince = High.
- 3-D Chess = Average.
Look at the Lands' End profile. Merchant Prince and minimal red tape and few people playing 3-D Chess. Just don't screw up the merchandise and don't give up the Lucky Duck attribute of a folksy call center team coupled with whimsical copy. The company was bought by and absorbed by Sears, which has a different profile. Oh oh.
Eddie Bauer was the definition of an Omnichannel Zombie ... red-tape and inability to get things done. 3-D Chess was "high" ... everybody had a strategy and nobody agreed on the strategy of a co-worker. Obsessed with history. Utterly stuck. Went bankrupt (twice) in the next decade.
Nordstrom had the Lucky Duck attribute of paying employees 7% of each sale and a customer service culture (people still don't replicate the commissions even though we all know they work wonders). A merchant-dominated brand. A strategy team, but not a strategy team that stepped on anybody imposing their will. Still successful.
Profile the company you work for.
What did you learn?
How do you make a difference knowing the pros/cons of your company culture?
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