Title: What company did you say you were from Developing a Strategy to Communicate a New Corporate Brand
1What company did you say you were
from?Developing a Strategy to Communicate a
New Corporate Brand
- Linda Rebrovick, Chief Marketing Officer,
BearingPoint - IABC International Conference 2004
- June 7, 2004
2Communicating the Brand
- Why Re-brand?
- The Challenges
- The Team. The Process.
- Communications Concept to Reality
- Spotlight on Launch
- The Results
- Maintaining the Excitement
3Why Re-brand?
4Our Legacy of Growth
2002MAY SEPTEMBERThe firm acquires 17 premier
consulting practices OCTOBER - KPMG Consulting,
Inc. becomes BearingPoint and begins trading on
the NYSE (Symbol BE)
1973The firm pioneers the concept of peer review
to ensure quality and objectivity in service
1897The company that would become KPMG Peat
Marwick is founded
1997Consulting is reorganized into a distinct
KPMG LLP operating unit
2000The firm begins to operate as KPMG
Consulting, Inc.
1910First US consulting engagement undertaken
with Westinghouse Electric and Manufacturing Co.
1999As an extension of our technology
partnership, Cisco Systems becomes a major
investor
2001KPMG Consulting, Inc. completes Initial
Public Offering and is listed on the NASDAQ
(Symbol KCIN)
1987Peat Marwick International merges with
Klynveld Main Goerdeler to form what becomes KPMG
LLP
2004 3.1b revenue15,000 people 39 countries
Fortune 500
FY03 results
5Key Drivers of Change
- Reinforce independence
- Observe SEC requirement
- Reduce marketplace confusion
- Gain the right to compete in any market
- Unify the business through a common identity
6Re-branding Objectives
- Create a distinctive brand
- Move target audience to new brand immediately
- Build long-term brand awareness
- Unify the company under one brand name
- Spend shareholder capital wisely
Clients
InvestorsAnalystsMedia
Employees
Target Audience
7The Challenges
8Internal and External Challenges
- Intense Cultural Change
- Abandoning the security of the partnership
- Transition to publicly listed entity
- Employee ownership
- Reporting of quarterly results
- Single, global PL
- Integration of acquired practices
- Tough Economic Climate
- Reduced information technology market spend
- Intense shareholder expectations
- Continued pressure to drive profit and operate
efficiently - Higher expectations of marketing to re-brand
cost-effectively
9Expanding Global Footprint
- Early acquisitions included KPMG Consulting in
Japan, New Zealand, Ireland and Israel - Australia acquired October 2001
- Andersen Business Consulting practices acquired
early 2002, doubling our capability in Asia
Pacific - KPMG Consulting European practices join late 2002
10Global Launch
- Must launch in 43 countries simultaneously
This was to become the right decision despite it
being our biggest challenge
11The Team. The Process.
12We Assembled the A Team
- Advertising
- Alumni Relations
- Analyst Relations
- Brand Tracking
- Brand Management
- Content and Collateral
- Direct Mail
- Information Technology
- Internal Communications
- International Communications
- Legal Counsel
- Media Relations
- Merchandise
- Shareholder Relations
- Visual Identity
- Web
13Challenges Were Significant
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14A Comprehensive Approach
- A strong focus on market insights, employee
feedback and advice from best-of- breed creative
firms
15Re-branding Process
16Our Value Proposition
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17Our Process Led to One Name
18What BearingPoint Means
Bearing (bâr -ing) n. the situation or
horizontal direction of one point with respect
to another or to the compass Point
(point) n. An end or object to be achieved
purpose BearingPoint means setting direction to
an end point. As business systems integrators, we
align business processes and systems in order to
achieve end results.
19The Brand Architecture Is Completely Integrated
- The Arc Design
- One line represents the business processes of our
clients - The other line represents their information
systems - Both lines come together representing our
commitment to align our clients business
processes and information systems - The Colors
- Black signifies strength and stability
- Sandstone represents empowerment
- White reflects clarity of purpose
20What Our Brand Represents
- BearingPoint is more than a new name
- It is also a new brand position
- We will elevate our position in todays global
marketplace by empowering our clients to create
enterprise value - By aligning our clients business processes and
systems, we enable them to access the right
information at the right time - Because the right information brings knowledge
- Knowledge is power
- And sharing it is empowerment
21The Tag Line Clearly Emerged
22Communications Concept to Reality
23Launch Critical Success Factors
- Context and time-sensitivity
- Secrecy was critical if announcement and
execution were to coincide - Over 100 non-disclosure agreements signed
- Secure intranet sites deployed
- Not one external leak
- Audience-specific communications
- Employees
- Clients
- Alliance partners
- Investor community
- Analysts
- Alumni
- Post-launch equally important
24Communication Materials
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25Extraordinary Pre-launch Activities
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26Employee Communications Plan
- Launch Day
- CEO and CMO Communiqué, showcase ad campaign,
Corporate Identity System, signage changes
(selective), Web site, business cards,
stationery, office celebrations - Week One
- Launch package, merchandise, collateral,
remaining signage - Ongoing
- Reinforcement, completion of Web overhaul,
re-branding of all client-facing documents
27Client Communications Plan
- Launch Day
- Worldwide main event, press, e-mail, personal
visits, print and broadcast campaign - Week One
- Direct mail, personal calls, Web banner
announcements, Mickelson events (USA), print and
broadcast - Ongoing
- Ongoing advertising, PR, solution tools and
templates
28Spotlight on Launch
29Aggressive Brand Launch on Day One
- BearingPoint TV videos and toolkits on desktops
- 160 global office celebrations
- New visual identity
- Extensive marketing communication materials
- Office signage, business cards, stationery
- Proposal and presentation templates
- Web site
- Merchandise
- Print advertising announcing our new name
- Press conferences
- And more, including the transition to the NYSE!
30Signage
And other photos
31The Results
32Media Coverage Is a Success!
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33PR Keys to Success
- Effective, targeted media outreach by the team
- Coordination between the media relations team
worldwide - Development of an extensive press kit
- Translated in 9 languages
- Early access to press materials
- Global spokesperson preparation
- Held multiple conference calls for designated
spokespersons, complete with key messaging
materials
34We Moved Target Audience to New Brand in First
75 Days
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35We Are Tracking Long-Term Brand Awareness
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36Web Hits High
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37Supporting Information
38Why Did We Do So Well?
- Compelling business reasons to change
- Passionate and involved CEO sponsoring project
- Outstanding internal team
- Partnered with best-of-breed advisors
- Global advertising agency allowed for local
interpretation - Invested heavily in internal communications
- Our team is proud of our new name and brand
position
39Maintaining the Excitement
40Shift in Strategy
- Identified the need to
- Improve brand awareness and loyalty in all
regions to drive more business for BearingPoint - Special emphasis to increase brand awareness in
EMEA, Japan and China - Continue to develop a comprehensive global brand
program - Design a program that serves as air cover and
complements region/industry activities - Create a synergistic end-to-end brand and voice
across the company to optimize budget and
resources - Develop a consistent client message experience
across all regions and communication channels
41Focus on Integrated Strategies
42Integrated Global Partnership Program
- Establish a macro-level partnership to supplement
regional activities - Align with a leading media and communication
company that has high concentration and mind
share of business decision makers - Leverage the medias brand strength and loyal
customers to support our direct marketing
activities and sponsorships - Leverage unparalleled venues only offered through
partnership for events and promotions - Gain access to exclusive business authorities,
in-demand editorial staff and c-level audience
43Sports Sponsorships
- Established sport figures who personify our
company values and strengthen our brand
attributes of competence, integrity,
determination, value, and results - Secured highly visible logo placement to build
brand awareness and name recognition - Aligned with sport areas in key countries that
have high reputation among our target audience - Incorporated elements of high-touch opportunities
with clients and prospects - Developed solid communication program to
strengthen internal brand ambassadors
44Solution Themes
- Execute global rollout of identified solutions
that are critical growth initiatives for the
company - Coordinate regionally planned activities across
every aspect of marketing - Leverage industry, solution and alliance
interlock to maximize return on our investments - Build global message platform for consistent
communication - Summary points of the Solution sets
- Promote internal training
- Spokespeople in different regions
- Build awareness of Solutions as a key
BearingPoint offering
45Target Segments and Key Initiatives
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46Representative Activities
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47Internet User Experience
- Improved the breadth and depth of available
content delivered to any web context - Powerful personalization and customization
functions (e.g. My BearingPoint) - Dynamic page creation and navigation
automatically delivers links to repositories of
contextual content - Significant enhancements to search and sort
functions - Everything on-linebusiness intelligence exposure
- More intuitive navigation
- Integration with back office systems (e.g.
OneView) - Single Sign-On/User Authentication
48Interactive Campaigns
- Traffic Generation Activities
- Home Page Features Opportunity to reach 170K
visitors per month - eMail Campaigns Targeted, multi-stage campaigns
- Key Word Buys Google, Overture
- Directory Placement IT Content Directories
integrate our content in key .com vehicles
including Forbes, Information Week, Government
Technology and major search engines - Flash Banners and Adverts Resident or externally
placeddesigned to target specific users and
drive traffic to lead-gen content - Traditional Marketing Advertising, collateral,
press relations, events all optimized to drive
visitors in a follow-on dialogue
49Measurement Tracking Strategy
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50Measurement Tracking Strategy
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51Empowered by BearingPoint
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52Our Corporate Video
53We Are Proud of