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Posts Tagged ‘business plan consulting Vancouver’

Case Study: TOMS Shoes – How One Company Fosters Its Corporate Culture

Wednesday, May 18th, 2011

If you are a fan of the reality television show, The Amazing Race, the name Blake Mycoskie might ring a bell. While competing on the second season of the show in Argentina, Blake noticed numerous children were without shoes in the poorer villages.

There are over one billion people at risk for soil-transmitted diseases around the world. In addition to the health risk, many children cannot go to school simply because they don’t have shoes.

“I was sitting on a farm pondering life, and it occurred to me, ‘I’m going to start a shoe company, and for every pair that we sell, I’ll give a pair to someone who needs them.” Blake later said in an interview. Rather than starting a charity, he decided that a for-profit business would be more sustainable as his work would not rely on charitable giving.

Since its launch in 2006, TOMS Shoes has given away over 1 million pairs of shoes to children in need. Even in his first years of business when money was non-existent, TOMS’ founder never faltered from his “One for One” company ethos. In addition to partnering with 501 non-profit organizations and NGO’s to give away shoes year round, “Friends of TOMS,” a non-profit arm of TOMS, also coordinates “Shoe Drops” around the world for employees and volunteers to experience TOMS’ giving first-hand.

“Giving” is TOMS’ business strategy, and “Giving” defines its corporate culture. All employees, including interns, participate in the “Shoe Drops”. Blake has seen how inspired and impacted his staff were having experienced “Giving” first hand.

What is it about your business that gets you out of bed and excited every morning? How can you help your employees experience that excitement? We invite you to watch this video of TOMS and be inspired.

 

 

Branding Essentials

Tuesday, November 9th, 2010

Living Blueprint Vancouver British Columbia

Strategy & Branding

Whether a company wants to grow, expand, or simply survive, a clearly defined direction is essential. Achieving success and recognition requires maintaining a consistent and appealing image and message through careful strategy and branding. How does one start this process?

1) BE DECISIVE! For a company to thrive, its direction must be defined early on. Otherwise, confusion down the road may stifle progress. To create a strong brand, there must be a clear understanding throughout the company of what they do and what they stand for. A carefully planned strategy will guide the branding process to maximize efficiency and effectiveness.

2) DON’T BE AFRAID to ask for help! Developing a strong, appropriate image for your company involves careful introspection and making some important decisions. Strategy agencies provide invaluable insight and guidance throughout this often complicated process to ensure that your brand and product/service maintain consistency both within the company and in the public eye.

3) COMMUNICATE your plans! Constant communication between your employees and your executive team is vital when deciding on your brand’s direction and values. To achieve and maintain a consistent brand image, you must ensure that your employees believe in your company, thoroughly understand your core values, and work as a cohesive unit.

This article is contributed by David Childs of Living Blueprint Creative.

Business Mentoring v.s. Business Coaching v.s. Business Consulting

Wednesday, June 16th, 2010

I have been asked many times the difference between coaching, and consulting, and how mentoring fits into this. It’s a good idea for business owners to know the difference and identify what they need help with before going out and hiring someone.

Mentors typical walk alongside of business owners and impart wisdom by sharing their own successes and failures. Mentorship is usually developed organically. Nowadays, many government agencies serving small business owners, such as Women’s Entreprise Centre, connect business owners with a mentor as well.

Coaches help by probing and asking questions business owners need to find answers to – it’s a self-discovery process. Business owners often benefit from having someone to keep them accountable. Coaches usually work with business owners over the phone for a couple of hours a month.

Business consultants, contrary to coaches,  focus on the business challenge and help by solving problems and offering suggestions to a specific business issue, such as marketing or strategic planning. Consultants work with business owners to understand the external environment they’re operating in, the internal business capabilities, and strategize to come up with the best course of action for the company to move forward.