Here is another great blog from Andrea Simon. It’s a great example of how a brave leader used a crisis to spur dramatic change.
Ever been on a sinking ship? That was the state of Centenary College when Dr. Kenneth L. Hoyt took over as president in 2001.
To say the Hackettstown, NJ academic institution was in serious financial trouble was an understatement. Enrollment was declining, annual deficits were large and increasing, fundraising was stagnant, the facilities were old and crumbling, and student retention was terrible (only half of first-year students returned to become sophomores). What’s more, from a recruitment standpoint, the college was virtually unknown among high school counselors. No way to go but up, right?
That’s exactly what Dr. Hoyt did. As I detail in my book, “On the Brink: A Fresh Lens to Take Your Business to New Heights,” by the time Hoyt left in 2009, Centenary had become the fastest-growing college or university in New Jersey. He:
How did Hoyt pull it off? In short, by stripping down and then rebuilding Centenary’s brand message — identifying what made Centenary “Centenary” — and then broadcasting it far and wide. Guess what? It worked, transforming this sleepy, liberal arts college into a thriving, innovative powerhouse.
Can you do the same for your stalled business? You sure can! Here’s how.
I often say, “If you want to change, have a crisis.”
It was indeed crisis time for Centenary when Hoyt arrived in 2001. The college was known as a two-year women’s finishing school with an equestrian program, and a limited course curriculum focused on teacher education. For most of its students, Centenary was their only choice, and they planned to transfer out as soon as possible.
Hoyt quickly recognized that just about everything about Centenary needed to change, from the culture to the teaching models to the facilities to the abysmal retention rates to recruitment to…you get the idea. To accomplish this massive brand reimagining, he promoted in-house talent and hired outside ones (myself included) to rethink and rebuild the college. Plus, he identified areas needing immediate investment, particularly technology, if Centenary was to become a leader in educating a new generation of students for the jobs of today and tomorrow.If you want to change, have a crisis. Click To Tweet
A two-part overhaul to get Centenary back on track.
As a consultant, my assignment was two-fold:
As an anthropologist, I approached these two tasks like an anthropological research project, seeking to experience Centenary as if I was a student there. I hung out on campus — a lot. I went to classes and observed, watched faculty interact during meetings and listened to students as they went about their day. I was trying to discover the core personality of the college so I could answer the crucial questions:
I invite you to try these same techniques as a way of identifying your own company’s essence. Go out in the field and mingle with your customers. What are they saying? How are they interacting with your product or service? Are they satisfied or frustrated? Then ask yourself, what makes us different? What are we doing well? What could we do better? What unmet need could we capitalize on that we’re ignoring?
The brand was real. It just had to come alive.
In Centenary’s case, I found that teachers were doing a great deal that was different and that innovatively created value for their students. From that insight, a theme began to take shape: “Education designed around you.”
The more I observed, and listened, the clearer the distinctions from other colleges became. At Centenary, students received an inordinate amount of individual attention. They regularly spent time with faculty in their offices, asking questions, weighing their career options, getting academic help, “shooting the breeze.” I felt that we were onto something, but it needed packaging into a consistent brand positioning that is easily communicated.
A second theme that kept popping up was the tremendous pride the faculty felt in how they taught their students to “teach how students learn.” And still, a third theme, expressed by the students, was a yearning to “belong.” They strongly wanted to feel a part of what was becoming the college’s new message: “The Centenary Experience: An Education Designed Around You.”
Once we’d found the story, we needed to tell it loudly and well.
As things began to shift in a positive direction at Centenary — new buildings, new faculty, new programs for non-traditional (adult) students — so did the values, beliefs, and behavior — the culture — of the institution. Day by day, Centenary was being rebuilt in both a physical and cultural sense.
So how could we take the essence of what the administration, faculty, and students were already living and create messaging that captured the story?
First, we settled on the message (“The Centenary Experience: An Education Designed Around You”). Then we figured out how to make it come alive. And by the way, how we did it easily applies to any business that needs to communicate a new brand strategy – even its current strategy — and move forward for growth.
Our new communication strategy was fourfold:
When branding your company, product or service, there must be a common thread.
In everything we did to build Centenary’s brand persona, we asked ourselves, “How is this heightening understanding of why Centenary is a college education students should consider?” By staying true to the core brand message — “The Centenary Experience: An Education Designed Around You” — we successfully repositioned this stalled, little-known academic institution as a nationally-recognized, independent college that taught you the way you best learned and successfully prepared students for careers after college.By staying true to the core brand message we successfully repositioned this stalled, little-known… Click To Tweet
What can you learn from Centenary College for your business?
Dr. Hoyt left Centenary in 2009, having accomplished the turnaround he’d envisioned. But even more important than all the new buildings and programs and dorms he built, he gave the college something that your business might also find of great value: a new way to think about its role in the lives of the people it served.
Centenary’s mission was to produce well-prepared students who could thrive throughout their adult lives, long after leaving college. What might this mean for your organization? A suggestion: like Centenary, build your mission backward, determining what the needs of your customers are and then figuring out the best ways to satisfy them.
Perhaps this is a good time for you to rethink your business, including your brand and how you’re living it (or not) internally and externally. Like Dr. Hoyt, are you ready to make fundamental changes if you find the old models aren’t working? Change is never easy, but in Centenary’s case, it was the only option. Is dramatic change the best way to move forward for you, too?
(All photos courtesy of centenaryuniversity.edu)