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Showing posts from February, 2016

Does Cognitive Branding Model help in building Iconic Brands?

By definition, a brand is a timeless, abstract entity; thereby anything which is short lived, time based cannot be recognised as a brand in real sense. Brand Identity, however specifies a product markers, having reputation, benefit or value attached to it and this brand identity helps marketers to achieve short term success for their organisations. This at the same time, helps managers to control and coordinate easily the abstractions attached to a brand. It means cognitively one can conceive abstractions and manage it within the boundary of an organisation and even outside. This branding having Cognition at its base characterises Cognition Branding Model. Cognition Branding Model has its birth somewhere in 1950s, the era which is known for emphasising Unique Selling Proposition - USP - i.e. each product must communicate to its potential consumers a simple but distinctive benefits. The idea of USP got a shot in arm in 1970s when “Positioning” became the dear word across corporate...

Iconic Brands have their roots in Culture

About brands, a question generally been asked – is brand a means to convey a message to consumers about a product or it is a route to reaching customers via depicting socio-eco-cultural state of the society? May both be true to some, but it is the second more to me . Thoughtful scrutiny of brands clearly shows that Iconic brands have their origin in a state of the society. As Brand strategists say, Markers of a brand – Name, Logo and Design do not only depict product features but the then socio-eco-cultural transition, a society may be undergoing. To support it, look back in 1970s when the US was under economic and political meltdown along with increasing independence of women, beer manufacturer - Budweiser made use of it in its all advertisements. Budweiser, interestingly targeted acute tension between the revived American ideals of manhood and the economic realities that made these ideals nearly unattainable for many men. In India, 1970s and 80s, saw movies portraying anger thr...

Serial Temporary Advantage

Not able to understand one’s business nature and appropriate strategy is what I see a major reason of companies not able to get a place for themselves in the market.  Companies float between various approaches of strategy without realising what actually they need for success. The situation becomes more cumbersome for a conglomerate, comprised of various businesses, having need of specific strategy approaches for each business. Of late, you pick up any article on business strategy or talk to Business Heads, you will find mostly talking about how to ensure SUSTAINABLE COMPETITIVE  ADVANTAGE  for their respective business, without understanding that it may not be possible for them to achieve it as their individual businesses are in different phases of evolution & market placement. Nature of a business and phase they are in, differentiates the need of having a specific approach to succeed, eventually. Through this blog, I would like to stress upon the need ...

Workforce adaptability key to business success and sustenance

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My interview, published in Recruite, Times Job in its Half Yearly Publication , Feb-2016

Business Success: By Luck or Strategy

I have read innumerable articles on strategy and companies following a ‘definite’ strategy which has made these company ‘run their businesses successfully’ for a long period of time. No, doubt systematic analysis of environments around, marketing capabilities may be some of the factors which have made these companies tuck into the business world. But, simultaneously a question raises its head,  are these factors only really responsible for success, various organisations, if not all, tasting today? Let’s together, peep into the business world. On close look at various businesses and their success stories based on ‘certain strategy’ being followed by them, reveals that truth is far from the fact. It seems that most of the time, it is due to a product simply as there is no other comparable product in the market that makes a company run its business ‘successfully’ to a point and not because of having an appropriate strategy. Regarding strategy, most of the people do not even know...

Do Organisations fail due to lack of Big Picture Thinking?

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The article appeared in the Human Capital, December-2015 issue