Alder Consulting: Were there any insights or ideas that change the way you view your business?
Dr Freeman: During the strategy session we looked at a number of benchmark brands. For me, it was a mini masterclass on brands. One of the biggest takeaways was understanding that your brand is an asset. You have to protect it, invest in it, and make sure it is communicated intentionally.
Another key thing that stood out to me was the FAD Analysis™1 conducted by the Alder team.
Before working with Alder Consulting, I was not familiar with the concept. Afterwards, I realised and understood that it explains why people engage with certain companies and not others.
With the FAD Analysis, the Alder team gave us a template for anticipating risks and setting up systems to mitigate against the risks identified.