MAM
Winners, Losers of Corporate Image 2005
Corporations that develop clear messages and clearly communicate their stories to both the internal organizations and the external forces are the real players. The rest are either still discovering who they are or just making stories as they go along or periodically falling flat on their faces.
Who are the real winners and losers of the corporate image in 2005, which corporation had the best identity, which was most famous, hated or most profitable? All these responses depend on where you stand, as a loyal customer, the general public, employee or competitor.
In a study conducted by ABC Namebank International, 5,000 major corporations around the world were surveyed and results were compiled to measure the impact of their image on customers, profitability and overall market positioning. There was also a strong emphasis on their cyber-branding platforms and e-commerce presence.
Most corporations passed the acid test — 54 percent in all — with a B+ ranking. But the real big winners were very few — 3.9 percent — and the losers stood at 42.1 percent.
The big winners had the Right Story with the Right Image; the others had The Right Story but a very poor Image and struggled to make it work. The losers were almost without a Story, with a bunch of ideas thrown together and some randomly picked up image. They were spinning, but going nowhere.
The Story
Corporate image demands a very clear strategy, a mission, a game plan and a story. All that needs to be enunciated in a few simple sentences or a paragraph or two. What is the corporation all about, what does it do, and where it is going and why?
Corporations that develop these clear messages and clearly communicate their stories to both internal organizations and external forces are the real players. The rest are either still discovering who they are, are just making stories as they go along, or are periodically falling flat on their faces.
It is true that most corporations are usually wrapped-up in some big generic business concepts. It is also a very common problem these days that most find themselves in the middle of quicksands, while the markets are moving too fast in too many directions. Still, the issue of clarity and directions must be fixed. The correct messages must be built and the real stories need to be told.
The Image
There is a lot to be said for the right image to fit the right story.
The most common problem is that the image has no relationship whatsoever with the corporate objectives. Still, senior teams regularly send out very confusing messages to internal layers of staff and ask them to band around the existing image and sing along with out having any solid base or substance. This very often makes it a chicken-or-the-egg dilemma.
The issues about image-building also require a deeper understanding and professional guidance. The right image to fit the right story is critical.
Basic Rules
No matter what the corporation does, it must project a sharper personality, something that requires professional and objective assessments — not just randomly picked, trendy ideas.
When it comes to corporate image, corporations must also try to have images of honesty and respectability. Therefore they have no room for false claims or overly silly, wildly humorous image campaigns. Money and business both are serious issues. Customers and shareholders alike want to do business with the sober teams, and not the beer-commercial-happy bunch.
Lastly, whatever the corporate image and brand name identity the corporation adopts, it must be secured under proper trademarking so that it can be built as something unique and not something shared by thousands of others. Cyber-branding is now the backbone of any business. Only good name identities will survive on the search engines.
In Summary
It’s very easy to figure all this out. A quick review of all your corporate communications material and your collateral will clearly tell you what are the several stories that are being projected by your corporation today. A quick search of your own corporate name identity in Google will tell you in seconds where your corporate brand stands in its distinction, visibility and how easy or difficult is it to find on e-commerce.
Once you have all the data, it is also very easy to have a conference call with your senior management on this issue. You will quickly come up with a game plan to fix the problems you have. After all, it is very easy to do.
Remember… the customers are waiting.
Brands
Google completes $32 billion Wiz deal to boost AI and cloud security
Wiz joins Google Cloud but keeps multi-cloud support across rival platforms
NEW YORK: Google has completed its $32 billion acquisition of cloud security company Wiz, marking the biggest deal in the tech giant’s history and signalling a major push to strengthen security in the era of artificial intelligence and multi-cloud computing.
The New York-headquartered cybersecurity firm will join Google Cloud while continuing to operate under the Wiz brand. Crucially, the company will maintain support for multiple cloud platforms, including Amazon Web Services, Microsoft Azure and Oracle Cloud, reflecting the reality that most large organisations run their systems across several cloud providers.
Google said the acquisition is designed to help organisations build and scale applications more securely as businesses and governments increasingly move critical systems and data to the cloud. At the same time, the rapid adoption of generative AI has introduced new cybersecurity risks, with attackers also using AI to launch faster and more sophisticated attacks.
Wiz has built a reputation for simplifying cloud security. Its platform maps entire cloud environments, identifying vulnerabilities, potential attack paths and misconfigurations before they can be exploited. By connecting insights from code, cloud infrastructure and runtime environments, it allows security and engineering teams to detect and fix risks early in the development cycle.
Bringing Wiz into Google Cloud will create what the company describes as a unified security platform capable of detecting, preventing and responding to threats across cloud and AI environments. The combined offering will also integrate Google’s own security capabilities, including threat intelligence tools, security operations platforms and the cybersecurity expertise of Mandiant.
Google CEO Sundar Pichai said the move reflects the growing importance of security as more organisations rely on AI and cloud technologies. “Keeping people safe online has always been part of Google’s mission,” he said, adding that the partnership will help organisations innovate with greater confidence.
Google Cloud CEO Thomas Kurian, said the goal is to make security an enabler rather than a roadblock for businesses building modern applications. He noted that the combined technologies will simplify the complex task of protecting hybrid and multi-cloud environments.
For Wiz, the acquisition opens the door to global scale while keeping its core philosophy intact. Co-founder and CEO Assaf Rappaport said the company remains committed to an open, multi-cloud approach and will continue supporting customers regardless of where their workloads run.
Over the past year, Wiz has expanded its platform to address emerging risks tied to AI applications, including tools that help organisations monitor AI usage, detect AI-specific vulnerabilities and secure AI workloads during runtime.
With Google’s infrastructure, artificial intelligence capabilities and security ecosystem now behind it, Wiz plans to accelerate development of its platform while continuing to serve enterprises, governments and start-ups operating across different cloud environments.
For Google Cloud, the acquisition adds a powerful piece to its security puzzle as competition intensifies among global cloud providers. For customers, it promises a future where building fast in the cloud does not have to come at the expense of staying secure.
