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Importance of Brand Equity
SMART goal setting
Internal & External Factors
All three listed resonated with me in a few different ways. Brand Equity
is how the consumer receives your brand so it's essential to invest in it
heavily and maintain a positive image even when things are not so
good. We took a bad situation and had to re-spin it into a good one to
improve upon brand equity. SMART goals help with everything
involved in a business so they stood out to me. They allow you to set
very relevant and specific goals that will help you get further along in
the right direction. Last, we looked into internal and external
environmental factors. These are the factors that determine how you
operate in every which way. It's key to maintain a good grip on the
internal business environment as well as the outside.
A good leader to me has the ability to communicate with their
employees. Most of the time you see people leading with an iron fist
and not really appealing to the very people that help them succeed.
Communication is key so that employees are heard and valued
properly. This behavior will empower your employees and you will get
much better work from them thus leading to many other positive
outcomes rather than not. I want my personal brand to be one that is
diverse and adaptable. I like the thought of getting into different
businesses so this image would fit me very well. Learning and being a
lifelong learner will allow me to always keep the door open to new
things. A mindset like that will be one that gets you a long way so that's
what everyone should strive for.
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