
I've just finished Andrew Marr's excellent 'A History of Modern Britain' and one of the things that struck me was that although British business is often good at inventing brands, its poor at growing and sustaining them.
This has been going on for decades. The decline of the automotive industry has been well documented - Rover, Leyland, Triumph and many more are buried in the Brands Graveyard. However, British brands perform badly in many other categories - sportswear (Dunlop?), consumer electronics (Amstrad?), even beer.
Those that are successful are often niche (MG) and/or foreign owned (Kit-Kat, the Mini, Manchester United, even Harry Ramsdens). There are exceptions of course (Tesco, BA, M&S) - but not that many.
There are a number of possible causes - global competition, union power, bad management, our poor relationship with Europe, government policy. However the fact is, consumers (including British consumers) don't have a burning desire to buy British brands.
However, our marketing services are world renowned. Our advertising agencies continue to lead the world in terms of creative output and we've got some thriving design, market research, training, consulting and media agencies with global reach. Some of the biggest marketing services groups are UK based eg WPP, Saatchi and Saatchi.
Why is this the case? I think the fact that English is the international business language helps. However, it could be that British creativity and our intellectual capital are more valued than our brands. Maybe its because Brits enjoy thinking and talking about brands much more than undertaking the much more difficult task of building them.