The Perfect Time to Analyze Your Brand is When Times are Tough
Written by Robyn T. Braley
When economies are threatened by war, trade uncertainty, natural disasters, pandemics, domestic unrest or changing customer needs, it's time to reassess and realign your brand.
During the recent COVID lockdown, governments had to intervene in the economy to help companies survive. In a free enterprise-driven province like Alberta or a state like Texas, being forced to accept that reality spoke to the severity of the situation.
Many companies made it through. They adapted, adjusted and carefully managed their operations as they find ways to survive by finding new markets.
Other companies were not so lucky. One of my clients manufactured huge five-million-dollar processing units for the petroleum industry. Their market disappeared overnight.
Other companies were not so lucky. One of my clients manufactured huge five-million-dollar processing units for the petroleum industry. Their market disappeared overnight.