Karl Speak has kept his company small but his thinking big while building Brand Tool Box, his Minneapolis-based consulting and training firm, into a global leader in helping companies mold brands that engage employees and align them with customers.
Speak refers to his brand-management breakthrough as "internal brand-building'' but he emphasizes that it involves company culture and organizational development more than logos, labels or marketing campaigns.
Since he launched Brand Tool Box three decades ago, Speak has developed internal brand-building programs with companies in 23 countries. Speak and the more than 125 independent trainers he has certified have trained tens of thousands of employees to develop a strong personal brand that can help them and their company achieve more. Clients have included such local giants as 3M, Target and Cargill as well as IBM, Sony and the Scotts Miracle-Gro Co.
Speak said he believes his work has resulted in a broader practical understanding of brand as a part of business strategy.
"I am hopeful that that will be my contribution to the discipline, expanding brand from a niche part of marketing, i.e. advertising, to be an organizational development construct that passionately connects employees to customers," Speak said.
Speak's conclusion that strong corporate brands stem from healthy company cultures coincided with parallel work on helping employees develop personal brands. Internal brand-building seeks to align organizational and personal brands to benefit customers, employees and the company.
"The strength of a corporate brand is the sum total of all the personal brands in the organization,'' Speak said. "The more of those that are passionate about the company, then they deliver more effectively on what matters to the customer, and therefore the corporate brand grows."
At 62, Smith is not about to abandon his founding commitment to his brand — keeping his company a small, expert organization. Speak has pursued controlled growth of his company, which has five employees, reaching his target of roughly $1 million in revenue in recent years.