blockchain Archives - Marc Rudov

IBM has experienced declining revenues for 21 straight quarters. Alas, as I've written previously, the amorphous company still doesn't know why. As I've opined previously, in articles and in my latest book for CEOs -- Brand Is Destiny: The Ultimate Bottom Line -- the reason is simple: IBM has no brand. Let me repeat that: IBM has no brand. If you find my audacious proclamation outrageous, offensive, and triggering, you don't know branding. A company's brand, which sets it purpose and direction, begets its products. The reverse is not true. Buzzword Bouillabaisse Have a look at IBM's latest TV commercial. I have no idea what Big Blue is trying to convey -- only that it fails. It has thrown everything into this spot, including the kitchen sink! I counted 13 visual and verbal messages in this 41-second buzzword bouillabaisse. Thirteen. I may have missed one or two. Cloud Tomato Farm-to-table IBM IBM Cloud Blockchain Shoppers Hack-proof financial transactions AI (artificial intelligence) IoT (Internet of things) Skyscraper elevators Enterprise Astronaut in outer space How many messages should there be? ONE. All communication must be clear, never cloudy. To evaluate this 41-second waste of money, ask: Who's the audience? What's the value proposition? What's the emotional hook? What's the call to action? What will the dazed viewers tell others who didn't watch it? Getting the picture? What can I conclude? A committee created and greenlighted this ineffective, amateurish ode to technology. Committees and technology-worship are futile. Parting Advice to CEOs Saying everything is tantamount to saying nothing. Never approve and fund a commercial (or a homepage or a brochure or a magazine ad) like the one above. Because of unsocial media and pervasive political correctness, today's Millennial-influenced workforce is unskilled in knowing humans and connecting with them. But, that's no excuse for failure. Find people who have the requisite branding skills. IBM can't communicate and has no brand. What about your company? POSTSCRIPT #1: IBM Reports Worst Earnings in Five Years (04.18.18) POSTSCRIPT #2: IBM’s 2.1% Drop in Revenue Drags Stock Lower (10.17.18) POSTSCRIPT #3: IBM Can't Explain Why It Bought Red Hat for $34B (10.28.18) POSTSCRIPT #4: IBM Revenues Drop 5th Quarter in a Row (10.16.19) POSTSCRIPT #5: IBM CEO Ginni Rometty to Step Down (01.30.20) © 2017 Marc H. Rudov. All Rights Reserved.About the Author Marc Rudov is a branding advisor to CEOs,producer of MarcRudovTV, and author of four books

IBM Can’t Communicate