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SHOULD MILLENNIUM-THEMED COMPANIES CHANGE THEIR NAMES?


With 2000 just around the corner, a select number of Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  companies with a 20th century monikers are faced with a perplexing per·plex  
tr.v. per·plexed, per·plex·ing, per·plex·es
1. To confuse or trouble with uncertainty or doubt. See Synonyms at puzzle.

2. To make confusedly intricate; complicate.
 decision: Do they change their names to reflect the new millennium?

It's a quandary that has no easy answer. Some are choosing to stay in this century. Others, like 20th Century Insurance Co., are taking the great leap forward Great Leap Forward, 1957–60, Chinese economic plan aimed at revitalizing all sectors of the economy. Initiated by Mao Zedong, the plan emphasized decentralized, labor-intensive industrialization, typified by the construction of thousands of backyard steel .

20th Century Insurance, headquartered in Woodland Hills, will introduce its new moniker (1) A name, title or alias. See alias.

(2) A COM object that is used to create instances of other objects. Monikers save programmers time when coding various types of COM-based functions such as linking one document to another (OLE). See COM and OLE.
 to the world on a 55-foot-long float at the 111th Tournament of Roses Parade The Tournament of Roses Parade was established, and first held, on January 1,1890, in Pasadena, California, eight miles (13 km) northeast of Downtown Los Angeles.

Rooted in tradition, this parade is broadcast on multiple television networks, watched by upwards of one
 in Pasadena on New Year's Day New Year's Day, among ancient peoples the first day of the year frequently corresponded to the vernal or autumnal equinox, or to the summer or winter solstice. In the Middle Ages it was celebrated among Christians usually on Mar. 25. .

The company's float, called "Visions of Wisdom and Imagination," will have the name 21St Century Insurance Group boldly emblazoned along the side.

"We decided to change our name in keeping with the company's updated technology system and our modern structure for doing business," said spokesman Ric Hill. "Our customers are very pleased with the idea. We actually did surveys on a name change on a number of occasions going back to the mid1980s. Most of the customers said they liked the company and it's more important that we remain a low-price, quality business rather than changing our name. But they said if you're going to change it, change it to 21st century."

That is exactly what companies should be doing, said marketing consultant Mike Marsak.

"The real answer to the problem is that you go to your customers and ask them if it is important to change your name to 21st century or is it unimportant. And then ask them if you kept the name with 20th century in it, would they recommend you to other customers," said Marsak, president of Effective Marketing Strategies Inc. in Marina del Rey Del Rey may refer to:
  • Del Rey, California, a census-designated place in Fresno County, California
  • Del Rey, Los Angeles, California, a small district in the west side of Los Angeles
  • Del Rey (band), an indie rock band
. "I would venture that for the next couple of years, keeping the 20th century name will be fine."

Film studio giant 20th Century Fox will stay the way it is. "At this time, we have no plans to change the name of the company," said spokeswoman Florence Grace. However, the studio has applied for a trademark for the name 21st Century Fox.

Another movie-industry company, 20th Century Props in North Hollywood, will hold onto this century for a little while longer, too.

"It's such a great hook, 20th Century Props," said owner Harvey Schwartz, whose establishment has 57,000 props, including the chandeliers used in the movie "Titanic Titanic (tītăn`ĭk), British liner that sank on the night of Apr. 14–15, 1912, after crashing into an iceberg in the N Atlantic S of Newfoundland. More than 1,500 lives were lost. ." "With our name, people think of 20th Century Fox and think we're bigger than we are."

Rudy Ordubegian, president of 20th Century Mortgage in Glendale, is also sticking with the tried and true, opting to hang onto the name his company has had for 13 years.

"The thought of changing the name had crossed my mind, but we are going to leave it because our customers already know the name. I don't think it makes too much difference," he said.

In Woodland Hills, 20th Century Construction will stay in the 20th century as well, said owner David Siegel.

There a few companies that have been ahead of the times for a while now. L.A.-based 21st Century Paint Contractors has had the same name since it was founded six years ago, owner Norman Clarke said.

At first, his customers were a tad perplexed per·plexed  
adj.
1. Filled with confusion or bewilderment; puzzled.

2. Full of complications or difficulty; involved.



[Middle English, from perplex, confused
, but they have adjusted. "It's kind of funny. They think that you don't know Don't know (DK, DKed)

"Don't know the trade." A Street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party.
 it's the 20th century," he said. "They think you should stay right where you are and don't understand that you have to be thinking of the future."

Some are taking an altogether different tack. 20th Century Plastics Inc. in Orange County is changing its name, but not to 21st Century. The office supply manufacturer will now be known as Centis Inc.
COPYRIGHT 1999 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Comment:SHOULD MILLENNIUM-THEMED COMPANIES CHANGE THEIR NAMES?
Author:BELGUM, DEBORAH
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 13, 1999
Words:610
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