Branson, Gates, Jobs and the examples of CEOs that are part of their corporate brand equity can go on and on. Business Times has an insight on this:
A study by global communications company Burson Marsteller showed that the CEO’s reputation is responsible for approximately 50 per cent of a company’s reputation, which translates into achieving key business objectives and increasing sales.Like it or not, CEOs are part of a company’s brand equity. In other words, the leaders inevitably reflect on the company.
Today, consumers expect a consistency between a company’s brand message and the behaviour and image of its key executives. Brand validity can only be fully achieved if the CEO embodies the brand and its values to meet the new challenges of an increasingly critical and demanding marketplace.
The CEO is often said to be the brand leader or guardian of the company’s brand. Consequently, all CEOs need to clearly understand the value and importance of the powerful, clearly defined corporate and personal brands. They need to ensure that there should be a clear brand strategy in place and that all stakeholders in the organisation understand and embrace it to deliver the brand promise.