DIRECTIONS 2012 SALTERBAXTER WHAT DO YOU STAND FOR? Purpose is not just the words on the ‘About Us’ page of a corporate website. But those words are an important starting point for efforts to communicate purpose. W e took a look at the purpose statements of the Top 50 Green Brands from Interbrand’s 2012 survey, hoping to find some inspiration. Here are our favourites in no specific order, and our thoughts on them. There is no one standard way for a company to express its purpose. Where a company has a mission and a vision, we have tended to use the mission, as this is more about what the company is actually doing in the world, rather than what it would like the world to be like. Are green companies better at purpose? We also compared the purpose statements of the Interbrand Top 50 with the Top 50 of the Fortune 500 – and in both lists, half of them had a mention of sustainability or social purpose. So those companies that are ‘greenest’ do not make more of this in their purpose than other companies. The key differentiator for all of these statements is that you can see how they are translated into the real world – through products, through advertising, through actions. Some of them mention the how, some the what. Interestingly, none of them incorporate the why. NINTENDO This one has shades of Disney about it (Disney’s is ‘To make people happy’). It is very human, tangible and simple. Note that this is Nintendo’s definition of their social responsibility, rather than their corporate mission – which is very corporate. Room for integration. GE This is a very action-driven statement. It is full of verbs. It is specific about the areas that the company is working in. It leaves you with the impression that GE is working hard to fulfil its purpose. That this is a company that you can trust. www.nintendo.co.uk/NOE/en_GB/service/ csr_report_12107.html This is not explicitly labelled as a purpose – but it is the introduction to the company on the ‘Company’ page of the website AVON COCA-COLA It’s a mission that fizzes like a freshly opened bottle of Coke. It goes a little flat towards the end with the over-used phrase ‘make a difference’. But it is a purpose that is clearly expressed through the brand. www.thecoca-colacompany.com/ ourcompany/mission_vision_values.html It’s a good starting point that Avon stands for something. Their commitment to women is evidenced throughout the company’s history, with a recent example being Avon’s efforts to bring their representatives in South Africa out of poverty. This clear, positive statement stands in contrast to the official vision of the company, which is ‘to be the company that best understands and satisfies the product, service and self-fulfillment needs of women – globally’. This feels more like another example of corporate speak. On the ‘About’ page of www.avoncompany.com 6 STARBUCKS STARBU IKEA IKEA’s simple vision is clearly expressed through the business – and leaves it room to expand into new areas such as housing and hotels, anticipating recent strategy announcements. The slightly odd phrasing of ‘the many people’ seems to work, giving it a distinctive Nordic feel, and emphasising the affordable nature of its products. The Sta Starbucks mission might seem as cloying as a vanilla latte, but its heart is nitely in the right place. The focus on definite community as well as the individual is the com clearly evident in their stores. And talking about tthe human spirit adds a different dimension. dimens www.starbucks.co.uk/about-us/companyinformation/mission-statement CATERPILLAR TERPILLAR Not the most inspiring language, but Caterpillar’s purpose links the company to economic growth, giving the machines that they make a bigger purpose. And it clearly makes reference to social and environmental purpose as well. It’s a mission that would benefit from being moved from the sustainability section of the website to the main ‘Company’ section. www.ikea.com/ms/en_GB/about_ikea/ our_business_idea/index.html www.caterpillar.com/sustainability/ vision-mission-strategy JOHNSON & JOHNSON This purpose manages to exude warmth in a small number of words, by combining addressing the big picture with concern for the individual. www.jnj.com/connect/about-jnj NIKE Nike’s belief that everyone is an athlete is inspirational in itself. And their commitment to innovation is clearly evident throughout the business, with ideas such as Nike+, and initiatives such as the Nike GreenXchange. www.nikeresponsibility.com/report/content/ chapter/business-overview What are your favourite purpose statements? Which are the ones that inspire you, that we can all learn from? Which ones make you cringe? Please share them with us on our purpose website: salterbaxter.com/purpose 7