Viva’s Blog: Evolve or become extinct

Darwin was one sharp guy. Through observation, Darwin learned that animals adapt to survive. They don’t adapt to be different or get noticed. They adapt to live. The same thinking applies to your business.

Evolve or become extinct

Take the baby Sally Lightfoot crabs found in the Galapagos. The young crabs are black and well camouflaged amongst the black lava rocks. They’ve adapted to survive. The adults, which earned their name by being swift and able to quickly get out of harm’s way, can get away with being bright red and yellow.

Take the giant tortoises. As a result of the environmental nuances among the Galapagos Islands, the types of tortoises that have the best chance to survive and successfully rear young are also different. Their neck lengths vary based on the nearby foliage they need to eat to survive. The shape of their shells also vary. The dome-back tortoises live where there is plentiful vegetation to support their huge size. The smaller saddle-back tortoises tend to live in places where vegetation is sparse.

Evolve or become extinct

Take McDonald’s. They were a hamburger and fries joint, until they realized that some family members desired a healthy option. So, in the mid-80s, they evolved. They added salads, and their business continued to flourish. And how about specialty coffees? McDonald’s astutely watched as their customers opted for Starbucks on their way to work. Then in early 2008, 14,000 McDonald’s restaurants announced they were employing baristas to serve specialty coffee beverages. By late 2008, same-store sales had climbed 8 percent.

Take Chase Bank. Years ago they adapted to provide a more convenient banking solution for their customers. Goodbye branches; hello ATMs. Technology changed and so did they. Today you can take a photo of your check with your phone and deposit it in your bank account. It’s yet another evolution that allows this mega-brand to survive in spite of intense competition.

Evolve or become extinct

Take your company. What’s important to your customers? What will be important to them in 6 months? 12 months? 24 months? Sure, they might be satisfied today, but how about tomorrow? Think you can just leave your business as is? What are you doing to ensure your survival?

Evolve or become extinct.

Read more at: www.vivalabrand.com

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Author:
Laura Sheridan
About:
Laura Sheridan, Founder & President of Viva La Brand has a proven track record of effective branding and advertising, spanning over twenty five years with some of the best in the business: Foote, Cone & Belding in Chicago; Hill, Holliday and Polaroid in Boston; and, Progressive Insurance and Viva La Brand in Cleveland. Laura founded Viva La Brand to offer large and small organizations alike strategic marketing expertise to catapult their visibility, growth and profitability. Viva La Brand develops effective brand strategies and conducts ad agency searches that successfully match clients with the optimal ad agency partners. Laura is proud to work with smart, innovative leader Brands in a wide range of industries from health care to manufacturing to technology and financial services. In addition to her work with clients, Laura is an author and speaker on all topics related to Brand.
More articles by: Laura Sheridan

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