Business
My guest on today's episode is Myra El-Bayoumi, Strategy Director at Character, a branding and design studio with offices in New York and San Francisco. Before Character, Myra held senior strategy positions at Landor, Siegel+Gale, and Interbrand (which is where I met her). Myra also holds an MBA from the University of Toronto Rotman School of Management. Given Myra's experience, I wanted to get her perspective on the similarities and differences in brand strategy approach, philosophy, and deliverables among top-tier brand consulting firms. She has a lot of respect for her prior firms, but admits she's biased toward Character now that she's leading their strategy efforts. She says she's "better equipped to see the value of a place like Character because [she] grew up in the big shops," and that differences at Character include more flexibility, the ability to "blow up our process in service of solving" the client's problems, and speed. Myra describes the Character approach to brand strategy as arriving at answers to two key questions: Why did this brand exist, beyond to make money? Why should the world choose this brand? The second question should be answered in a way that's relevant in today's culture but also "evergreen for the future." This link between the brand strategy and cultural trends is equally applicable for B2B brands, Myra says, citing the example of UberConference (a product of Dialpad, a Character client). "One of the examples of a B2B brand that we worked with, who I actually think does the brand experience thing pretty well is Dialpad. You might not know Dialpad, but you probably know UberConference, which is one of their products, and UberConference has that famous hold music. That's an example-and we didn't create that, so I won't take any credit for it-but we know those people now and we know how well that hold music-what it says, the sound of it, and the fact that it exists in the first place-represent the spirit and the DNA of who that company is." I asked Myra what components she thinks are necessary in a brand platform. She says purpose is critical, but that values and personality traits "lack precision, focus, clarity, and sharpness." We got into an interesting conversation about whether personality belongs within a brand strategy platform or should be removed, allowing design principles or voice principles to play a similar role, but "outside" of the brand platform. We wrapped up by talking about a brand Myra thinks is doing "pretty much everyhing right" (Billie) and a book she recommends (Mating in Captivity) even though "it has nothing to do with branding. It just has to do with humans." To learn more about Myra, visit the Character website.