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3 ways to (usefully) lose control of your brand

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    Companies are losing control.
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    What happens on Wall Street
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    no longer stays on Wall Street.
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    What happens in Vegas ends up on YouTube. (Laughter)
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    Reputations are volatile. Loyalties are fickle.
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    Management teams seem increasingly
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    disconnected from their staff. (Laughter)
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    A recent survey said that 27 percent of bosses believe
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    their employees are inspired by their firm.
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    However, in the same survey, only four percent
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    of employees agreed.
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    Companies are losing control
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    of their customers and their employees.
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    But are they really?
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    I'm a marketer, and as a marketer, I know
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    that I've never really been in control.
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    Your brand is what other people say about you
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    when you're not in the room, the saying goes.
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    Hyperconnectivity and transparency allow companies
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    to be in that room now, 24/7.
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    They can listen and join the conversation.
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    In fact, they have more control over the loss of control
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    than ever before.
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    They can design for it. But how?
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    First of all, they can give employees and customers more control.
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    They can collaborate with them on the creation of ideas,
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    knowledge, content, designs and product.
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    They can give them more control over pricing,
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    which is what the band Radiohead did
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    with its pay-as-you-like online release of its album
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    "In Rainbows." Buyers could determine the price,
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    but the offer was exclusive, and only stood for a limited period of time.
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    The album sold more copies than previous releases of the band.
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    The Danish chocolate company Anthon Berg
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    opened a so-called "generous store" in Copenhagen.
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    It asked customers to purchase chocolate
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    with the promise of good deeds towards loved ones.
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    It turned transactions into interactions,
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    and generosity into a currency.
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    Companies can even give control to hackers.
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    When Microsoft Kinect came out,
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    the motion-controlled add-on to its Xbox gaming console,
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    it immediately drew the attention of hackers.
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    Microsoft first fought off the hacks, but then shifted course
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    when it realized that actively supporting the community
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    came with benefits.
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    The sense of co-ownership, the free publicity,
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    the added value, all helped drive sales.
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    The ultimate empowerment of customers
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    is to ask them not to buy.
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    Outdoor clothier Patagonia encouraged prospective buyers
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    to check out eBay for its used products
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    and to resole their shoes before purchasing new ones.
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    In an even more radical stance against consumerism,
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    the company placed a "Don't Buy This Jacket"
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    advertisement during the peak of shopping season.
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    It may have jeopardized short-term sales,
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    but it builds lasting, long-term loyalty
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    based on shared values.
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    Research has shown that giving employees more control
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    over their work makes them happier and more productive.
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    The Brazilian company Semco Group famously
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    lets employees set their own work schedules
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    and even their salaries.
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    Hulu and Netflix, among other companies,
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    have open vacation policies.
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    Companies can give people more control,
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    but they can also give them less control.
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    Traditional business wisdom holds that trust
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    is earned by predictable behavior,
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    but when everything is consistent and standardized,
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    how do you create meaningful experiences?
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    Giving people less control might be a wonderful way
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    to counter the abundance of choice
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    and make them happier.
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    Take the travel service Nextpedition.
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    Nextpedition turns the trip into a game,
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    with surprising twists and turns along the way.
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    It does not tell the traveler where she's going
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    until the very last minute, and information is provided
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    just in time. Similarly, Dutch airline KLM
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    launched a surprise campaign, seemingly randomly
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    handing out small gifts to travelers
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    en route to their destination.
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    U.K.-based Interflora monitored Twitter
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    for users who were having a bad day,
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    and then sent them a free bouquet of flowers.
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    Is there anything companies can do to make
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    their employees feel less pressed for time? Yes.
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    Force them to help others.
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    A recent study suggests that having employees complete
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    occasional altruistic tasks throughout the day
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    increases their sense of overall productivity.
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    At Frog, the company I work for, we hold internal
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    speed meet sessions that connect old and new employees,
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    helping them get to know each other fast.
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    By applying a strict process, we give them less control,
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    less choice, but we enable more and richer social interactions.
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    Companies are the makers of their fortunes,
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    and like all of us, they are utterly exposed to serendipity.
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    That should make them more humble, more vulnerable
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    and more human.
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    At the end of the day, as hyperconnectivity
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    and transparency expose companies' behavior
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    in broad daylight, staying true to their true selves
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    is the only sustainable value proposition.
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    Or as the ballet dancer Alonzo King said,
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    "What's interesting about you is you."
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    For the true selves of companies to come through,
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    openness is paramount,
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    but radical openness is not a solution,
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    because when everything is open, nothing is open.
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    "A smile is a door that is half open and half closed,"
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    the author Jennifer Egan wrote.
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    Companies can give their employees and customers
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    more control or less. They can worry about how much
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    openness is good for them, and what needs to stay closed.
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    Or they can simply smile, and remain open
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    to all possibilities.
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    Thank you. (Applause)
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    (Applause)
Title:
3 ways to (usefully) lose control of your brand
Speaker:
Tim Leberecht
Description:

The days are past (if they ever existed) when a person, company or brand could tightly control their reputation -- online chatter and spin mean that if you're relevant, there's a constant, free-form conversation happening about you that you have no control over. Tim Leberecht offers three big ideas about accepting that loss of control, even designing for it -- and using it as an impetus to recommit to your values.

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Video Language:
English
Team:
closed TED
Project:
TEDTalks
Duration:
06:30

English subtitles

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