We're Number 68!
Is it worth shouting about an award if you aren't among the Top Ten winners? Today, Apple is the world's No. 1 Brand, according to Interbrand, a brand consulting agency (surprise!) that annually assigns an economic value to the best-known global brands. This year, Apple bounced long-time top dog Coca-Cola off the Global Brands summit, landing it just below Google at No. 2. (Read the whole list here. ) Business awards are our industry's cottage industry. A publication or organization looking to gain credibility creates some form of award competition, invites nominees, recognizes the winning companies at a banquet or news conference -- and then tries to leverage the relationship into an exchange of cash. Buying an ad or a membership. Licensing the award logo for use on packaging or in ads. And so on. Everyone likes recognition. Even if it's not cheap. Once J.D. Power recognizes your company as tops in customer satisfaction, you need to pay a minimum five-figu