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Brand belongs in the boardroom... the important reason why

In just two years, South Africa’s 30 biggest brands have become worth an extra R232bn. Kantar’s 2026 BrandZ Top 30 Most Valuable South African Brands puts the collective value of those brands at R724.6bn in 2026, 47% higher than in 2024.
Nadia Ellis is the manager of curricula and research and head ofprogramme design at Red & Yellow Creative School of Business. She leads the design of its Brand as Capital executive education programme (Image supplied)
Nadia Ellis is the manager of curricula and research and head ofprogramme design at Red & Yellow Creative School of Business. She leads the design of its Brand as Capital executive education programme (Image supplied)

Kantar found that three-quarters of those brands are seen by consumers as highly “Meaningfully Different”; these brands grew twice as fast as the rest.

In a cost-conscious market, this kind of distinction can strengthen customer preference, support pricing power and build resilience.

Decisions far from marketing

Yet the decisions that influence brand value are often made far from marketing.

They sit in a pricing review, a customer-service policy, a procurement decision, a product redesign, a response to a complaint, or a leadership conversation in which the customer’s experience is not in the room.

Strategic choice

Kantar identifies FNB as the most Meaningfully Different brand in its 2026 Top 30, valuing it at $4.461bn, up 45% since 2024.

Kantar links this to the bank’s move from product-led to advice-led banking through its Reimagining Help initiative.

This was a strategic choice that made its services feel more personal, useful and connected to customers’ everyday needs.

The lesson is that decisions about the business’ model, service and experience can compound into brand value over time.

How a customer experiences a brand

In May 2026, Dis-Chem publicly distanced itself from social-media posts reportedly linked to a shareholder and member of the founding family, after the matter prompted boycott calls and an investigation by the South African Human Rights Commission.

The retailer said he was neither a board member nor an employee and had no authority to represent the company.

The episode shows how quickly conduct associated with a founder, shareholder or prominent business figure can become a brand issue, regardless of where formal authority sits.

Customers do not experience a business through its organisational chart. They experience the cumulative effect of its decisions, actions and associations.

CX inseparable from business performance

For Mike Pashut, CEO and Founder of ChangeCars, the customer experience makes the issue inseparable from business performance.

“Customers do not see the departments behind a business. They see the result of the decisions we make.

“In a high-consideration category such as car buying, our brand is built on trust. We put our name on the line with every decision.”

Looking further than immediate targets

Leadership teams therefore need to look further than the immediate departmental targets.

Does a decision reinforce the promise the business makes? What trade-off will stakeholders notice?

Will it protect preference and pricing power, or create costs that are later paid through lost loyalty, remediation or reputational repair?

A place in the boardroom

This is an argument for brand consequence to have a place alongside financial, legal, operational and people risk in the boardroom.

The businesses best placed to build lasting value are those that recognise that customers do not experience an organisational chart.

They experience the cumulative effect of what the business does.

When leaders bring brand into decisions early enough, it becomes more than a communication output. It becomes a form of commercial discipline: one that helps leaders identify where value is being created, where it is exposed, and what needs to change before the cost of repair becomes far greater than the cost of good judgement.

Brand as Capital

That's why Red & Yellow Creative School of Business developed Brand as Capital, a new executive education programme for senior leaders.

As brands increasingly impact business outcomes, they cannot be treated as something marketing communicates only after the business has made its decisions.

Brand needs to be considered while those decisions are being made.

Brand is often discussed when there is a campaign to launch or a reputation to repair

But the decisions that create or erode value usually happen earlier.

Brand as Capital was designed from real-world case studies and the experience of working with leadership teams, to help leaders see the commercial consequences of decisions across the organisation, not only in the marketing function.

About Nadia Ellis

Nadia Ellis is the manager of curricula and research and head of programme design at Red & Yellow Creative School of Business. She leads the design of its Brand as Capital executive education programme.
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