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Case: Credit Suisse 2006
2005 1997 Nine years ago, Chairman Rainer Gut led what I then called "a controlled and brilliantly executed corporate-branding exercise," to establish Credit Suisse as a modern global masterbrand while retaining its valuable First Boston investment banking equity. Mission accomplished. Then last year, new Chairman Oswald Grübel approved the next and final step to monolithic branding. This could have been done simply by dropping "First Boston." Instead, advised by Enterprise IG's London team and its research, Grübel chose to rebrand again, by changing to a post-modern logo that nods to the pre-1997 First Boston ship symbol. One could hardly ask the incumbent identity firm, Wolff Olins, to scrap its own good work; Grübel needed someone else and chose the London office of Enterprise IG. Responding to the management teams' polar range of wishes, to take pride in tradition and heritage while promoting modern dynamism, Enterprise came up with a have-your-cake positioning: "The Tradition to Innovate." Since the existing logo tilted toward "modern," a new logo would have to reverse course toward "traditional' ... in other words, post-modern. The Enterprise IG designers came up with a lightly-serif-ed, all-caps wordmark, pulled by two foresails. CREDITS Enterprise IG (UK) CASE INFO Submitted by: Tony Spaeth, 14/11/2006 |
MATRIX DATA
DRIVERS | TOOLS | ||
Strategic driver: 100% | |||
Change internal culture Refresh & redirect competitive energy | 20% | x | Identifier tactics: Logo change: Wordmark-dominant |
x | Change event : Medium visibility: Launch event | ||
Change internal culture Transfer affiliation from unit to parent | 40% | x | Identifier tactics: Logo change: Wordmark-dominant |
x | Situation facts: Subcorporate facts: Defining units | ||
x | Change event : Medium visibility: Launch event | ||
Change expressed personality Renew/refresh public image | 20% | x | Identifier tactics: Logo change: Wordmark-dominant |
x | Identity system elements: Verbal elements: Tag lines | ||
x | Change event : High visibility: Campaign | ||
Change perceived composition Modify parental 'umbrella' presence | 20% | x | Identifier tactics: Logo change: Wordmark-dominant |
x | Identity system elements: Unit signature system: Monolithic | ||
x | Change event : High visibility: Campaign | ||