Savage has always been a forward-looking company – whether we were leading the way in testing technology to enhance the skills of our designers or designing websites before most firms knew what a URL was – so when we began to hear whispers about the impact of corporate purpose, we knew we wanted to be early adopters.
In my last blog, I talked about why and how we implemented purpose at Savage. In this one, I want to talk about some of the things that purpose changed for us.
It all started with a powerful idea – the notion that doing business purely based on time or price is not the best way to build brand loyalty. The team at Savage realized that when companies value themselves based solely on what they do – selling things or hours – they are leaving out the most powerful part of the equation: purpose.
What does it mean for a business leader to be truly committed to purpose – and to lead a company that brings its purpose to life every day? We asked Savage President Bethany Haley: What does it look like when a CEO believes in purpose and walks the talk?
Folks who work in creative roles are all too familiar with the idea of creative block, but you don’t have to be in a traditionally creative role to experience a lack of creativity just when you need it most. By any name – writer’s block, designer’s doldrums, accounting apathy, marketing malaise, programmer’s procrastination – the frustrating lack of inspiration is just as hard.
We have an ongoing commitment to highlighting companies that are doing business purposefully – like Chipotle.
Since its spin-off from McDonalds in 2006, Chipotle has impressed Wall Street with its explosive growth, consistently beating earnings predictions and expanding with more than 1500 locations in 2013.
Recently, a Texas restaurant shut its doors temporarily, noting on its sign that it was “closed for an attitude adjustment.” When we hear the phrase “attitude adjustment,” we often think of a parent correcting a child who’s not acting the way he should – and that’s just what this restaurant owner was doing with his business. After noting that his workers’ customer service was not meeting the standards he expected, he announced the restaurant would close for a time of reflection, training and staffing changes.
As part of our mission to push companies to be more purposeful and less concerned with the bottom line, we’re recognizing the companies that are doing it right – like The Container Store.
The Container Store firmly believes that all of its stakeholders – employees, customers, vendors, the community and shareholders – its employees are No. 1. The company focuses on taking care of its employees first because its leaders understand that employees who are taken care of take better care of customers, and ultimately the shareholders experience greater benefit from this approach.
Forbes magazine recently published an article that confirmed what we at Savage preach to our clients: “People don’t come to work every day for just a paycheck, and customers aren’t indiscriminate shoppers anymore. They both want purpose, they want to believe, and they want to feel like they’re part of something large than themselves.”
Purpose – it’s our favorite word at Savage.
We’re looking forward to a great year at Savage. Last year, Savage Brands renewed its commitment to purpose: We believe that by helping companies deliver on their purpose, we are revolutionizing Corporate America.
We are working alongside our clients to help them find and deliver on their core business purpose in order to solve their toughest business challenges:
With social media and social sharing sites consuming so much of people’s time, it’s no wonder that storytelling has become the best way to share your brand. The traditional methods of “push” advertising get old very quickly, even if they are clever and well done. But stories? People never get tired of great stories.