CEO's Are you Achieving Brand Longevity?

We are a world obsessed with staying forever young and living longer. Can the principles of life-longevity be applied to business? Yes, longevity, the length of one’s life or career, can be applied to business. Here are some things to think about:

In a book, “Seven Principles for Living in Balance”, they articulate driving principles of a well-balanced life that can be applied to business.

• Attitude-Change is an opportunity, not a threat (Can do)
• Accountability- Holding an accountable point of view brings our life into control and balance by focusing on where we can get leverage and where we can make a difference.( Results)
• Commitment-A meaningful role to fulfill and hold a strong inner belief in its importance. (Passion)
• Supportive Relationships-We are social creatures who thrive on meaningful, caring, and affirming contact with others. (Teamwork)
• Service-Highly change-resilient people view service as their true mission in life, and hold material wealth and success as secondary to helping others
• Personal Mastery- Personal energy management is that people are able to maintain optimal energy levels throughout the day without dependence (Well-Being)
• Faith -See their lives within a larger perspective and gives them a sense of belonging to a greater whole. (Community)

Is there an example of a brand that really does that? Yes!

Let’s look at Danone.

When you create products that you believe in passionately as a force for good — in this case, generating health and well-being — you too can live to 103 and build a global empire! Founder Daniel Carasso did both. In 1929, Carasso, having studied business and bacteriology, established the Danone brand in France.
Along the way, Carasso remained dedicated to yogurt no matter what happened. He ignored the beginning of the Great Depression because he was too busy trying to find dairy stores for his product in France. Yogurt rose from obscurity and niche markets into the mass consumer mainstream when adding fruit jam to the sour product proved a marketing breakthrough. In 2008, the Danone Groupe had worldwide sales of $20.48 billion.

Carasso lived though a century's worth of turbulence and destructive change, some of it much worse than anything happening today. He persisted when others gave up, reached out to partners to help him implement his vision, remained true to his values, and never lost his passion for yogurt.

Each of the principles of longevity and balance can in fact be applied to business. What principles should you deploy to improve the longevity of your brand? Let us know your thoughts by commenting in our blog.

Source: Bloomberg.com, Seven Principles for Living in Balanceby Joel Levey and Michelle Levey