Defunct to World Leading. The Power of Story to Massively Grow a Network.
Introduction to NZTE and the Beachheads Program
NZTE serves as New Zealand's international business development agency, with the Beachheads program offering advisory services to New Zealand companies seeking global expansion. However, the program's initial implementation in North America failed to resonate with the local market, resulting in diminished effectiveness and engagement.
The Challenge
The Beachheads program's tactical focus and centralized management structure, coupled with a reliance on New Zealand expatriates, led to a disconnect with North American business development managers (BDMs) and advisors. The lack of cultural consideration and the underestimation of the importance of relationships in the North American market resulted in a program that was mistrusted and underutilized.
Strategic Insights
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The program's narrative needed to shift from transactional to aspirational, emphasizing the impact of advisors on a national scale rather than individual companies.
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The allure of working with New Zealand businesses was insufficient. The program needed to offer value that aligned with the advisors' professional goals and interests.
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The potential for networking within a select group of professionals emerged as a significant incentive for participation in the Beachheads program.
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Positioning the program as a cause greater than individual success stories, it appealed to accomplished professionals eager to contribute to a larger mission.
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The program fostered trust and collaboration with local teams by addressing advisors' needs and protecting BDMs' networks.
Rebranding and Repositioning Beachheads North America
A rebranding initiative was launched to craft a compelling narrative that would resonate with advisors and BDMs. Creating a 'Club of New Zealand' concept provided a sense of exclusivity and purpose, transforming the program into a prestigious network with a narrative of national contribution.
Implementation Steps:
Extension: Taking the new language and identity through all artifacts of the North American Beachheads program we ensured that at every touchpoint we told the same story - internally and externally.
Results
The repositioning efforts yielded remarkable results, with the number of advisors growing from four to over 180 and engagements increasing from 11 to over 1,000 annually. The program's budget expanded to over $1 million, and its success led to global adoption of the North American model, resulting in significant cost savings.
Conclusion
The transformation of the Beachheads program underscores the power of storytelling and the importance of aligning with cultural norms and values. By crafting a narrative that resonated with the emotional and professional aspirations of its audience, the program not only revived but also set a new standard for international advisory services.