Right after I became CMO, I encountered the power of purpose in a major way. We had just signed a sponsorship with the McLaren Formula 1 team and during the signing process, Zak Brown, the CEO of McLaren Racing encouraged our team to be bold and push the limits of the sponsorship. We knew there was only so much that a company name and logo could accomplish.
This is how our Sponsor X initiative came to life. At the Australian Grand Prix, we replaced our logo on the McLaren F1 cars with that of a local nonprofit, DeadlyScience. We took all the media and marketing support we would normally use to promote our company — from logo placement on the car to our web presence and social media posts — and directed it to the organization. Read more.