This piece, though autobiographical,
contains ‘archival’ documentation of my earliest experience in creation of
corporate identity. The documentation may be useful for students of design
interested in history, especially since it is not available in the public
domain, as yet.
It was sometime in 1976. HT Parekh had
retired as the chairman of ICICI in 1976. (Today’s generation may not even know
that ICICI was, at that stage, a development bank; the acronym stood for the
Industrial Credit and Investment Corporation of India.) After retirement, he
wanted to pursue his dream to set up a company that would provide housing
finance to individuals. No institutional loans for housing were available then
in India; and all lending was capital-geared, not income-geared. It was a
path-breaking effort.
He had chosen a small team from ICICI who
would assist him in all the preliminary steps for incorporating this new
company. My responsibilities were related to what was loosely known then as
‘corporate communications’ which involved anything from writing & research
to supervising the printing and stationery design! Once the company was
registered and the name clearance received for Housing Development Finance
Corporation of India (HDFC), the first among my tasks was designing the
letterhead and stationery.
At that stage, ‘branding’ and ‘corporate
identity’ had not yet become the buzzwords that they are now. There was barely
any ‘design thinking’ on this aspect among corporate chieftains of those times.
So when I asked HTP (as Mr Parekh was generally referred to), whether he wanted
me to develop a symbol or a logo for the company, he looked at me quizzically
and said: “I don’t know the difference. Do what you think is necessary.” And
with his Buddha-like smile, he uttered his signature words: “Do your worst! Come
back to me only with the final product, if you are personally satisfied with
it.” That was the kind of freedom he gave to those of us whose professional
judgement he trusted.
There were two outstanding designers in Bombay
whose names I had heard frequently in advertising circles then: Yeshwant
Chaudhary and Sudarshan Dheer. I just so happened that I could contact Mr
Chaudhary first, as Mr Dheer was out of town on that particular day.
Yeshwant Chaudhary, a brilliant alumnus of
the Sir JJ Institute of Applied Arts (Bombay), who had done his post-graduate
studies from the Central School of Art and Design (London) and worked for CIBA
(International, Switzerland), had returned to India and set up his own firm
Communica Corporate Communications. Our preliminary meeting went off so well
that I decided to work with him on the assignment.
My brief to Mr Chaudhary was simply that we
were working towards the establishment of a new company that would offer a new
financial product for the Indian market. Those familiar with the business
environment of the 1970s might recall that financial instruments were not even
perceived as ‘products’ in those days. To explain the concept and the
‘attributes’ of the product meant several discussions with Mr Chaudhary.
Finally, my brief to Mr Chaudhary was:
1) Since the company was looking at
retail finance, he should work on a symbol. In India, a country of many
languages, a logotype of HDFC, an abbreviation of the name in English, would
convey little.
2) The symbol should be so powerful that it should establish the
product, namely, housing finance, which itself was new for India.
We then went into long discussions on the
philosophy that the company would represent. In those days, ‘mission
statements’ or ‘vision statements’ were not fashionable. So, my elucidation of
the intended philosophy of the organisation was derived from the many, many
discussions I had had with HTP on the subject. The parameters of the philosophy
were:
1) HDFC would strengthen the financial infrastructure of the country by
catering for a ‘felt need’ of a large, emergent middle class.
2) Steeped as he
was in the philosophy of development finance, HTP said his organisation would
always be ‘development-oriented’.
3) The organisation would always be
customer-focused and based on ethical practices, especially since the real
estate sector in India was mired in practices that were to the contrary.
4) The
business of the organisation was predicated on the belief that the average
Indian borrower takes repayment liability seriously, if the credit-provider was
not ‘extractive’ and understood the borrower’s capacity to repay.
5) HDFC would
encourage developments in housing technology and skills.
6) Since HDFC would
channel the savings and investments of the ordinary public, it would keep these
stakeholders’ interest in mind.
7) It would be a publicly-owned, professionally
managed company, along the lines of ICICI that HTP had nurtured for 20 long
years at its helm and prevented it from near extinction.
The combination of symbol and logotype that
Mr Chaudhary developed is now a part of the annals of visual communications. His
treatment of four panels that constituted the symbol was as bricks. According to
him, these stood for ‘Housing, Environmental Development, Finance and Recycling
of Resources’. One panel was in red, as he wanted it to stand out; it indicated
Finance and was abbreviated as F in the acronym – that was also in red. We
deliberately chose to use the logo in lower case rather than capital letters
for several reasons. One, HTP’s approach was always diminutive. He was not an
aggressive, chest-thumping banker and chose to let performance speak for
itself. Two, the organisation was introducing a new concept; it was taking
small baby steps. Three, lower case letters lent themselves better in execution
of a composite of the symbol and logo. Mr Chaudhary’s design had the symbol and
the logotype as one unit; the symbol above and the logotype below.
When Mr Chaudhary and I went to make the
presentation to HTP, we entered his room with trepidation. I was nervous
because it was my first assignment – to create a visual corporate identity for
an organisation. And, perhaps, Mr Chaudhary was anxious because he would be
meeting the legendary HTP in person for the first time and also because he had
based his entire execution of the identity on the basis of his interaction only
with me! For safety’s sake, Mr Chaudhary had carried some of the alternatives
to the combination of the symbol and the logotype. But he need not have done
that. After ordering coffee for us, HTP asked for the design, had one look – I
could see that he liked what he saw. And then, he asked me: “Are you happy with
this?” On hearing an answer in the affirmative, he said: “OK; leave only this
folder with me; I will show it to the rest of my team. How soon can you get the
stationery printed?” Mr Chaudhary was incredulous. He could not believe the
speed of decision-making! But that was HTP. And, as they say, the rest is
history.
HDFC’s corporate identity won the CAG
(Commercial Artists’ Guild) Award in that year. Today, this organisation is
called Communication Arts Guild. The name change occurred somewhere in the
1980s; among the people behind the name change were Mr Dheer and Mr Chaudhary
who argued that ‘commercial artists’ almost had a pejorative connotation! At
one time, CAG Awards were the most coveted recognition of professional talent
in Indian advertising industry. Now, the organisation has nearly faded into
oblivion.
HDFC used the information – of winning the
CAG Award – in a corporate advertisement. The copy of the advertisement ‘explained’
the corporate identity. It read: “the four bricks together project the four
fold activities of HDFC i. e. Housing, Environmental Development, Finance and
recycling of Resources. In the emblem, one of the bricks is red. Similarly, in
the logotype of HDFC ‘F’ is also red. Because F stands for Finance.” The main message was: “Remember us as the Housing
Finance people. We give housing loans to individuals, co-operative societies
and corporate bodies.”
Image courtesy HDFC corporate
communications department.
I had mentioned this experience in a
commemorative issue of ICICI’s internal newsletter Swayam.
It is a tribute to Yeshwant Chaudhary’s
work that, in the 40 years since, HDFC has made only marginal changes in his
design – they use HDFC now in capital letters! The first change was made in 1984 and the second and third in quick succession, in 1994 and 1998. These images are reproduced below.
Image courtesy HDFC corporate communications department.