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Cultural Strategy: Using Innovative Ideologies to Build Breakthrough Brands


Cultural Strategy: Using Innovative Ideologies to Build Breakthrough Brands

Hardback by Holt, Douglas (Founding Partner of The Cultural Strategy Group, New York); Cameron, Douglas (Founding Partner of Amalgamated Advertising Agency, New York)

Cultural Strategy: Using Innovative Ideologies to Build Breakthrough Brands

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ISBN:
9780199587407
Publication Date:
28 Oct 2010
Language:
English
Publisher:
Oxford University Press
Pages:
408 pages
Format:
Hardback
For delivery:
Estimated despatch 16 - 21 May 2024
Cultural Strategy: Using Innovative Ideologies to Build Breakthrough Brands

Description

Market innovation has long been dominated by the worldview of engineers and economists: build a better mousetrap and the world will take notice. But there's another important way to build new businesses: with innovative ideologies rather than innovative mousetraps. Consider Coca-Cola, Nike, Jack Daniel's, Marlboro, Starbucks, Corona, Oprah, The Body Shop: all built with innovative ideologies. Further many "better mousetraps" are much more compelling to consumers when bundled with innovative ideologies; consider BMW, Apple, and Whole Foods. Cultural Strategy provides a step-by-step guide for managers and entrepreneurs to build businesses in this simple but effective way. Holt and Cameron analyse a series of classic cases that relied on these bold, innovative strategies: Nike, Marlboro, Starbucks, Jack Daniels, vitaminwater, and Ben & Jerry's. They then demonstrate how the theory works as an actionable strategy model, drawing upon their consulting work. They show how cultural strategy takes start-up brands into the mass market (Fat Tire beer), overcomes "better mousetraps" wars in a technology driven category (ClearBlue pregnancy test), effectively challenges a seemingly insurmountable incumbent (FUSE music channel vs MTV), and develops a social innovation (The Freelancers Union). Holt and Cameron also describe the best organizational model for pursuing this approach, which they term "the cultural studio". The book demonstrates that the top consumer marketing companies are consistently poor at this type of innovation because they rely on an antithetic organization structure, what the authors term "the brand bureaucracy". To succeed at cultural innovation requires not only a very different approach to strategy, but a new way of organizing as well.

Contents

1. Rethinking Blue Oceans ; PART I: CULTURAL INNOVATION THEORY ; 2. Nike: Reinventing the American Dream ; 3. Jack Daniel's: Mythologizing the Company to Revive Frontier Masculinity ; 4. Ben & Jerry's: Provoking Ideological Flashpoints to Launch a Sustainable Business Myth ; 5. Starbucks: Trickling Down New Cultural Capital Codes ; 6. Patagonia: How Social Enterprises Cross the Cultural Chasm ; 7. Vitaminwater: Creating a "Better Mousetrap" with Myth ; 8. Marlboro: The Power of Cultural Codes ; 9. Cultural Innovation Theory ; PART II: APPLYING THE CULTURAL STRATEGY MODEL ; 10. Clearblue Pregnancy Tests: Branding a New Technology ; 11. Fat Tire Beer: Crossing the Cultural Chasm ; 12. Fuse Music Television: Challenging Incumbents with Cultural Jujitsu ; 13. Freelancers Union: Branding a Social Innovation ; PART III: ORGANIZING FOR CULTURAL INNOVATION ; 14. The Brand Bureaucracy and the Rise of Sciency Marketing ; 15. The Cultural Studio Forms Underground: Levi's 501s in Europe ; 16. The Cultural Studio Forms Above Ground: ESPN

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