You have significant experience in healthcare. Are there any specific challenges that the healthcare industry faces that you’ve enjoyed grappling with?
With the sector’s rapid growth, the healthcare space is filled with both tremendous opportunities and challenges. The industry has absolutely recognised the importance of brand in driving growth and is seeing the need to move towards greater consumerisation and humanisation. That shift from a focus on technological ability to greater empathy and care is now becoming prolific.
So, what’s next? How will large healthcare systems, biotech and pharma companies continue to overcome certain negative perceptions – high costs, lack of transparency, anti-science beliefs and vaccine hesitancy? And what happens when iconic tech brands – like Apple and Amazon – move into this space? There are definitely more questions than answers at this point!
In pharma in particular, corporate brand isn’t often leveraged as much as it could or should be. What do you think a strong corporate brand can do for a pharma brand?
The pharma industry is recognising the very different and important roles of corporate brand versus therapeutic brands. Traditionally, more resources have gone into the specific drugs and indications, and in speaking to patients and physicians.
But the corporate brand has another job: communicating with a broader set of stakeholders, from stockholders to regulators, current employees and potential future hires. A strong corporate can build trust and connections, it can differentiate from competitors, it can attract both investors and employees. Building the corporate brand may be less immediate in creating value, but it’s no less critical.
Beyond healthcare, any sectors that you love working in and why?
My first love was CPG, where many of the best practices in brand building have been developed, and where I came-of-age as a strategist. Projects with super-smart marketers at P&G, General Mills, Kraft and SC Johnson, talking with merchants, listening to consumers... that’s how I earned my virtual MBA.
I’ve also really enjoyed working in the spirits category. In the past I’ve done work on Jose Cuervo, Captain Morgan and the DeKuyper brand, among others. Field research is especially enjoyable on those projects!
We know that you have lots of experience – and a real interest – in verbal brand expression (i.e. naming). What do you love about naming?
It’s true – my secret is out! Perhaps it goes back to my love of writing and storytelling. I sometimes describe brand naming as writing the world’s shortest story. The process certainly appeals to my infatuation with both words and the rigour of process.