The Cucinelli philosophy- How he uses it to make his luxury brand so successful?
Kristel L.
Business Development Manager ? International Networker | Database Management, Software Development/IT, and Luxury Product Industries
Brunello Cucinelli is an entrepreneur, fashion designer, and philanthropist. He has been the inspiration for several other designers, including Ralph Lauren and Tommy Hilfiger.
?The company he founded in 1978 has grown from a small family business with one retail store to a publicly traded global powerhouse with annual revenue of more than $544 million and a market value of more than $2.5 billion.
?Brunello Cucinelli's success as a brand is built on a history of rich heritage and deep-seated beliefs. The Italian-born brand operates with the philosophy that its success comes through the unique interplay of art, craftsmanship, and innovation. Their latest innovations illustrate how adaptive, innovative thinking can build a successful business as it moves into a new era.
?Cuccinelli's story is one of the rags-to-riches, growing up poor and barely getting by. He eventually moved to the city where his father found work in a factory. While there, his father told him countless stories of how his life could have been if he had worked for a different company.
?Self-taught, Cucinelli began reading books, studying various philosophies and religions, and taking inspiration from the works of philosophers, artists, and scientists alike. He wanted to build an altogether different organization from those his father worked for, one that valued its employees' minds, bodies, and secular souls.
?The company's philosophy and values are strongly inspired by thinkers like Aristotle, Shakespeare, and Dostoyevsky. The founder's love of literature is reflected in its mission statement and tagline -"Where Ideas Come To Life."
?Cucinelli seems to have an erroneous idea of the relationship between a company and its primary goal of business success. The company of Cucinelli is a humanistic enterprise. The primary purpose of his business is not to make money; it is to serve the customers to make people happy and provoke thought.
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?As a designer, Mr. Cucinelli teaches that simplicity is the way to go. He began in his 20s by making colorful women's tunics out of wool. He was inspired by the success of the clothing line Benetton (still prevalent today) and by the many knitting factories in his homeland of Umbria.
?For Cucinelli, a timeless style is timelessly elegant. His clothes are designed with the sophisticated understanding that "man and culture are both slow-moving in their evolution.
?Cucinelli's success was indeed due, in part, to the remarkable performance of his many teams. His teams are known for their high levels of trust, identity, and efficacy. And they work together more creatively.
?After years of the company's founding, cognitive science and research into the effectiveness of organizations show that Brunello Cucinelli's faith in great works from the past was more than just an intelligent way to create an intellectual and humanistic company culture.
?It aims out Cucinelli was quite ahead of his time executing a recipe for professional success that until recently was unknown to the business world.
?Fortunately, businesses are starting to understand the benefits of Cucinelli's framework. It helps organizations prepare for future growth and positions them as a leader of today and the future.