Question
How has the fusion of brand and culture influenced the business strategies of global leaders such as GE's former CEO Jack Welch, Virgin Group's Richard Branson, and Southwest Airline's Herb Kelleher?
The fusion of brand and culture has significantly influenced the business strategies of global leaders like Jack Welch, Richard Branson, and Herb Kelleher. This fusion has led to stronger financial performance, higher margins, and less employee turnover. It has also resulted in more engaged employees and happier, loyal customers due to the authenticity of the brand. Once brand and culture are successfully fused, it becomes a competitive advantage for a company, creating an intangible value that sets them apart from competitors who can't replicate their distinct brand and culture.
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Global business leaders such as GE's former CEO Jack Welch, founder of Virgin Group Richard Branson, and Southwest Airline's Herb Kelleher all expound the virtues of fusing brand and culture. A short list of the benefits include the following: "stronger financial performance," higher margins, less employee "turnover," more talented and engaged employees, and happier customers who stick with you for the long term due to the value and "authenticity" of your brand. In addition, once brand and culture are successfully fused, it becomes an incredible asset and "competitive advantage" for a company. In building their brand and culture, they have created something of "intangible value," something that sets them apart from competitors who can't copy or offer their distinct brand and culture.
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