Connect with us

MAM

Winners, Losers of Corporate Image 2005

Published

on

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.

Advertisement

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

Advertisement

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.

Advertisement

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.

Advertisement

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.

Advertisement

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

Advertisement

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.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

MAM

Beacon Group appoints Dr Rajesh Patel as Group CEO

36-year healthcare veteran to lead Beacon Diagnostics, Vector Biotek, Biogeny.

Published

on

MUMBAI: A new chief, a fresh diagnosis and a sharper prescription for growth. Beacon Group has appointed Dr Rajesh Patel as its Group Chief Executive Officer, effective April 1, 2026, signalling a decisive push to scale its presence in the diagnostics and IVD space. Patel steps into the role with 36 years of experience across the healthcare and diagnostics industry, bringing a career shaped by leadership roles spanning sales, marketing, business development and operational strategy. His mandate is both expansive and precise: to steer the group’s overall strategic direction while tightening coordination across its three core entities Beacon Diagnostics, Vector Biotek and Biogeny Diagnostics.

In practical terms, that means driving cross-company synergies, accelerating market expansion and strengthening organisational capability areas increasingly critical as diagnostic players compete for scale in a fragmented yet rapidly evolving healthcare ecosystem. The group is positioning itself to capture unmet demand across chain laboratories, key accounts and standalone labs, segments that remain underserved despite growing diagnostic needs.

The appointment comes at a time when the In Vitro Diagnostics (IVD) sector in India is entering a more competitive and innovation-led phase, with companies focusing not just on product pipelines but also on service delivery, integration and customer-centric models. Beacon’s leadership appears to be betting that Patel’s execution-focused approach can help translate ambition into operational momentum.

Advertisement

Welcoming the appointment, Chairman Dr D K Joshi described Patel’s induction as a strategic move aligned with the group’s long-term vision, emphasising the role of leadership depth in navigating the next phase of growth.

For Beacon Group, the message is clear, in a sector where precision matters, leadership is the new differentiator—and this appointment is intended to set the tone for what comes next.

Advertisement
Continue Reading

Advertisement News18
Advertisement
Advertisement Whtasapp
Advertisement Year Enders

Indian Television Dot Com Pvt Ltd

Signup for news and special offers!

Copyright © 2026 Indian Television Dot Com PVT LTD