Starting and running a business or managing one isn’t for the faint of heart. You’re balancing internal and external forces in a continually changing landscape. This is where Cadence Bank’s In Good Companies comes in. We share our wealth of knowledge–and insights from noted industry experts–to guide you through the forces shaping business today. It’s hosted by Patrick Pacheco, an EVP and President of Cadence Asset Management and Trust, who has more than 25 years’ experience and is a self-proclaimed lifelong learner. He leads discussions with business owners and subject matter experts about how they’re tackling business challenges like: ● What are ways to grow my business without growing my debt? ● How can I turn my data into meaningful information? ● Why is company culture more important than ever? It’s information you need, in one place, in under 30 minutes. More than 250,000 listeners tune in each week...
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episode 8: Brand & Culture: A Case Study
On our last episode, we explored how to develop a strong brand. But it’s one thing to talk about those principles, and another to put them into practice. So, on this episode, we’ve got a case study in the process of rebranding from a company that just went through it: Cadence Bank. That’s right–us!
In 2021, Cadence Bank officially merged with BancorpSouth Bank, which necessitated a large-scale rebrand to develop a new, shared identity. But while it presented massive opportunity, the branding process was also filled with plenty of challenges. And who better to tell us every detail than the very people who did the hard work? We’re bringing back the voices you heard last episode: our Tenet Partners team of Beth Flom and Andrew Bogucki, as well as Cadence Bank Chief Marketing Officer Jackie Hooper, to take us through every step of the rebranding journey–the difficult decisions, the surprising revelations and the rollout strategy that brought it all together. Plus, we’ll hear from a new guest, someone who had a huge hand in both the decision to rebrand and the culture that guided the process: Cadence Bank Chairman & CEO Dan Rollins.
Through their stories, you’ll hear about the ups and downs of this 18-month journey: how Cadence found the right partner in Tenet, what the research unearthed about their shared values, and the ways that Cadence differentiated from competitors. Plus, the unexpected emotions that accompanied all of it.
So let’s brand together and travel from a back porch in northwest Alabama to the facade of the New York Stock Exchange to discover what can happen in the best-case (study) scenario.
Highlights:
- Meet Dan Rollins (2:13)
- How the merger focused on culture (3:57)
- Why the new Cadence needed to rebrand (5:34)
- The opportunity–and scope–of the rebrand (6:31)
- What Jackie looked for in a partner (7:57)
- The secrets to a great collaboration (8:55)
- What the research revealed about culture (10:29)
- Creative decisions: how that culture is reflected in the new brand (13:52)
- Using sonic branding to differentiate from competitors (17:34)
- Rollout of the new brand (19:59)
- How customers kept the process in focus (21:54)
- Banner reveal at the NYSE (23:45)
- Transform Awards recognition (25:27)
- Dan on the importance of brand (26:51)
Links:
- Cadence Bank Website
- Cadence Bank Twitter
- Cadence Bank LinkedIn
- James D. “Dan” Rollins III LinkedIn
- Jackie Hooper LinkedIn
- Tenet Partners Website
- Beth Flom LinkedIn
- Andrew Bogucki LinkedIn
- Transform Awards North America 2022
- Cadence Bank - The new Cadence Bank
- PR Newswire - Cadence Bank Reveals Its New Logo
Feedback:
If you have questions about the show or topics you'd like discussed in future episodes, email our producers, sheena.cochran@cadencebank.com or danielle.kernell@cadencebank.com.