Contents
• Introduction: What is branding?• Corporate branding: What is corporate branding?• Influence CRE:
-Direct influence CRE on corporate brand-Indirect influence CRE through behaviour
• Fieldwork: InterviewsResults
• Conclusions & recommendations
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Introduction
• Tough competition product differentiation
• Aligning Corporate Real Estate (CRE)• 7 added values (Lindholm and Leväinen, 2006):
• Organizational costs (direct return)• Value of assets (indirect return)• Organizational flexibility (€ saving in times of change)• Marketing and sales • Organizational innovation• Employee satisfaction• Organizational productivity
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Corporate branding
Marketing and sales
Corporate branding
• Origin in product branding• Add value to basic product/service create brand
preference and loyalty• 1990’s marketing mix for product corporate
branding of whole organization• Corporations & employees central role; one
consequent story• Corporate identity converts into corporate brand
• 7 organizational characteristics
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Corporate branding
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Corporate branding model (Adapted from Melewar & Karaosmanoglu, 2006)
Corporate identity
direct
indirect
CRE
Influence CRE
• Direct influence• All visual elements; properties, products, presentations & publications• 3 studies (Bitner, 1992; Hatch & Cunliffe, 2006; Strati, 1999):
− location typology− reputation location− landscaping− façade− recognizability− quality finishings− main entrance− architectural style− floor-plan (zones horizontally and vertically)− accessibility− thermal comfort− lighting
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location
building
Influence CRE
• Indirect influence• Awareness crucial role employees (‘soft’ factors)• Behavior setting theory (Barker, 1968) (‘hard’ factors)• Aesthetics (Vilnay-Yavetz et al, 2005)
− landscaping− facilities in the neighborhood− accessibility by car, bicycle or public transport− quality finishings− architectural style− floor-plan− accessibility− thermal comfort− lighting− restaurant facilities
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location
building
Fieldwork
• All aspects equally important?• Different types of companies?
• 3 extra CRE aspects:• Visibility (need to be seen by customers)• Security entrance building (delicate information)• Visibility of sustainability (high rents/less vacancy)
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Fieldwork
• Interviews service providers:• Multinationals (4)• Architects (6)• Real estate brokers (6)• Lawyers (4)
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Conclusions & recommendations
• CRE not most important, but essential• Not always consciously implemented• Not single list of aspects
• corporate branding model useful to determine strategy• cooperation with marketing and HR managers
• Decision making model through research among many types of companiesor
• Is uniformity undesired?
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Conclusions & recommendations
• Further research• How to design the relevant CRE aspects• Customers’ image of CRE• Actual influence of CRE vs influence other resources• Direct vs indirect influence
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