Strategy Thinkers
In this episode of Strategy Thinkers, I sat down with Stefano Saporetti, a leader in Modern Brand Licensing, Director of Brand Diversification at Aston Martin Lagonda and formerly Head of Licensing and Brand Operations at Ferrari. We went deep on the strategic thinking behind Ferrari World Abu Dhabi, the first Ferrari branded theme park.At the time, Ferrari was producing roughly 7,000 cars a year, doing very little traditional marketing, and relying primarily on product excellence. Opening a theme park in a new region was an unconventional move.Stefano shares how the team framed the strategic rationale, worked through internal resistance, and designed a model that protected brand equity while building long-term presence in a new region.If you look at the project today, it is still working. People continue to visit, and the brand is even better understood thanks to richer content and experiential storytelling, which resonates strongly with younger generations.A few ideas from our conversation that will resonate with senior leaders:☑️ Brand extension only works when it strengthens the core, not when it distracts from it☑️ Experience has become a central currency of luxury☑️ In a heritage business, credibility is earned through rigour and risk design☑️ Sometimes the most practical move is to license the execution while owning the meaningChapters:00:00 - Intro - Stephano’s career across sport and luxury brands01:34 - The Context & Problem - Why Ferrari needed a new brand experience in the Middle East05:17 - Strategic Rationale & Business Case - Building legacy and desire through experiential luxury08:49 - Constraints & Execution Approach - Winning internal buy-in and de-risking via licensing12:36 - Delivery & Outcomes - Designing the park experience and strengthening brand equity15:25 - Strategic Thinking Lessons - Innovate first, then work within constraints
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