Our Clients
Threadneedle
Threadneedle Asset Management case study
Inside Out
Couravel helped Threadneedle “live the brand”. It designed and ran a programme to help Threadneedle employees understand a new brand proposition and translate it into actions across the investment, property, sales and administrative communities.
The issues
Threadneedle is an international asset manager offering a range of investment funds and hedge funds. A brand review identified that it lacked differentiation in the marketplace, despite a track record of rigorous investment management. The leadership team developed a strategy for growth and high performance, and a brand proposition presented as “Out-think. Out-perform” to external audiences. We were asked to:
- Develop the strategy and plan the execution of the brand positioning for the internal audiences
- Demonstrate the impact and importance of a strong brand to all Threadneedle people (including outsourced staff)
- Ensure these people understand the new brand idea prior to its launch to external customers and clients
- Help them explore how their role is significant in differentiating the business, and what they need to do to support the new brand positioning
- Translate the refreshed brand vision into specific team and personal action plans that can be delivered and measured
- Win buy-in to adopting the behaviours and action required to deliver this support, creating “ambassadors” for the brand throughout Threadneedle
The approach
We identified a number of important target audiences whose needs varied. These included the Executive board, the corporate leadership team (some 20 – 25 mostly senior line managers), the investment, marketing and administrative employees. In designing our approach we:
- Ensured the context for all discussions and planning were based on business priorities (not a separate or independent initiative; “sits at the heart of the business”)
- Aligned with HR policies
- Content focused on market forces, customer needs, values and behaviours, desired customer experience
- Exploration focused on what this means for Threadneedle, for department and for me
- Output fed into existing corporate, team and personal plans, not a separate brand strategy owned by marketing
The work involved:
- An Executive Board positioning workshop, and follow up action planning with the Board at the end of the process??
- For the corporate team, a series of planning sessions and individual briefing meetings
- Structured brand workshops for all employees, co-facilitated with line managers
- Individual action plans and proposed leadership plans fed back to Executives
- A “town hall” meeting to signal progress and closure of Phase 1
Results
A large number of positive comments including:
- “Real evidence of change through leadership behaviour”
- “More senior team visibility and interaction – real collaboration”
- “Evidence of change through leadership
