Your first kiss, your first love, listening to an old song, walking in the rain, receiving a mail from an old acquaintance, watching your child sleep, watching the sunset, waking up to find you still have an hour to sleep, getting a gift that you were planning to buy, seeing your parents smile, sipping coffee in the winter sun! Guess these are just some of the moments that are our ‘bestest’ ones. Life is full of challenges, heartbreaks, pressures and tensions, but true satisfaction and long lasting happiness comes from some of the simplest things that life has to offer. As in life, so in business, the best things are the simplest. Let’s take a closer look. THE BEST COMMUNICATION IS THE SIMPLESTThe most famous scientist who ever lived, and the person responsible for giving the most famous equation of the world: E=mc2, was, yes we all know, Albert Einstein. What made this man so famous and made his theories create the maximum impact was not just his genius in analysing things, but in his ability to explain even the most complicated theories in the simplest manner possible. Even a layman, a non-scientific brain could understand them. One of the simplest explanations of Einstein’s ‘Theory of Relativity’ was given by a young fellow, and this is what he said: “When a man sits with a pretty girl for an hour, it seems like a minute. But let him sit on a hot stove for a minute and it seems longer than an hour. That’s the crux of the Theory of Relativity.” Einstein too could simplify the various laws of physics and make everyone understand them. We live in an “over communicated” society where an avalanche of news, messages, ads, et al, greet us every single day. If you want to stand out, you need to be simple; it’s the best way to beat the clutter. Think of the punch line of any advertisement you like. Chances are, it will be short and simple. The most memorable advertisements have been the simplest ones. Ask a creative guy and he will tell you how difficult it is to be simple. Simplicity is an art, and as one of the most famous artists of our times Leonardo Da Vinci said: “Simplicity is the ultimate sophistication.” A great machine is not necessarily the most sophisticated one; it’s rather the one that’s simplest to understand by the person who will use it. The corollary? A great marketing message is the one that’s absolutely clear to the consumers. “Iodex maliye, kaam pe chaliye” is the simplest way to describe a quick-pain relief ointment. “The ultimate driving machine” best describes the pleasure that money could buy! BMW remains the world’s hottest brand. Alka Seltzer’s punch line “Plop, plop, fizz, fizz, oh what a relief it is!” made the brand an instant hit. From Nike’s “Just do it” to McDonald’s “I’m lovin it” to Coca Cola’s “It’s the real thing”, those are simple sentences that have been responsible for creating the magic and making the brand name stick in the mind of the consumers. In today’s world, it’s of utmost importance to focus on simplicity. In fact, your future survival will depend on it. According to UNICEF, “Nearly a billion people will enter the 21st century unable to read a book or sign their names and a third of them are women.” According to the National Adult Literacy Survey (1992), some 47% of the US population demonstrated low levels of literacy. The case would not be better for most other economies. As business people, we need to understand that these are our consumers and if we really want to sell them, or tell them anything, it better be simple for them to truly understand and appreciate the message. Read More....For More IIPM Info, Visit below mentioned IIPM articles.
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IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
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domain-b.com : IIPM ranked ahead of IIMs
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Meet the “Man your man could smell like”. That’s the new viral-video that’s clearly broken all previous viral-video records. It features Isaiah Mustafa who has now achieved a pop-icon status. Since the time this man showed the ladies how their man could “smell” like him, even though they didn’t “look” like him, Procter & Gamble (P&G) has been “smelling” money in every market. After the viral-video produced by Wieden & Kennedy hit the Internet, the P&G brand Old Spice has been constantly gaining market share. The viral showed in an interesting tongue-in-cheek manner how anything is possible when you smell right. It may sound a little over the top, but it’s a fact – when you smell right, dress right, you have higher chances of success! Carmine Gallo, a popular communications expert once had the chance to interview Commander Matt Eversmann. He was the military hero who led his troops into battle in Somalia in 1993, and he also inspired the movie Black Hawk Down. Gallo asked him, “What’s the secret of leadership?” Eversmann answered: “It starts with how a leader wears his uniform.” That’s not a “mantra” or “gyan” many would give about leadership. However, as Eversmann said, his whites were whiter than his subordinates’, his clothes were better ironed, his shoes shinier! That’s where leadership starts. You never get a record chanceGreat leaders, if you thought, were about great speeches, great deeds, then think again. A lot depends on that “something” which happens even before you get a chance to speak. Many a time you find someone very lively and enthusiastic and you assume he is smart, likable and successful – without any proof of him being any of those things. It’s called the ‘halo effect’. A person who complains might be viewed as boring, negative, cynical, unsociable. It’s called the ‘horns effect’. That’s the way we perceive things around us. The sad part is that you never get a second chance to create that first impression, that ‘halo or horn’ effect. People size you up and decide whether they will like you or not on the basis of first impressions which are formed in – hold your breath – three to four seconds. Yes, even before you utter a word (forget about delivering a whole speech), even before you do something, chances are that people would have categorised you. Remember telling someone, “He looks like a leader,” even without knowing anything about that ‘leader’?! Dialogues like “She has a positive aura around her,” or “He looks dependable” or “There is something disturbing about him” are often used to judge people. These are nothing but people creating first impressions, which are not just created in a jiffy, but also are nearly impossible to change. To create that great first impression you need to wear two things: (a) good clothes; (b) a great smile. Look at any great leader, from the various Presidents of America to the heads of corporations and you realise that they all come across as likeable and dependable, depending on the way they carry themselves and the way they smile. The optimism & enthusiasm of their personalities is reflected the moment you see them, and this is an unwritten law – “Leaders always stand out and dress better than their subordinates.” Today, it’s important to know what suits you and fits you the best and makes you look good. Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website----------------------------------------------------------------------------------------------------------------
The closing ceremony of the FIFA World Cup, brought a lot of things to an end, like checking scores, looking in disbelief as big teams like Italy, Argentina, Brazil etc fell, like a pack of cards, smiling & wondering whether to believe in the octopus Paul’s prophecy! As Shakira sang “Waka, Waka,” the perfect cheering song meaning “Do it” during the closing ceremony, the world held its breath in anticipation. Who would it be this time – Spain or Netherlands? However, for a few moments, everybody forgot about the finals when this person entered the stadium, as all 89,000 spectators rose to salute the great leader, who actually started it all. Nelson Mandela’s overpowering presence left many teary-eyed. South Africa became the first African nation to host the FIFA Would Cup. Years ago, it also was the same nation that was banned from FIFA due to the apartheid system. If you have seen the heart touching film “Invictus” directed by Clint Eastwood, you would understand what a long & difficult journey Mandela tread to reach here. If there is one leader who understood the power of sports, it was this man – Nelson Mandela. In his first term as the newly elected president, in 1995, Mandela did the impossible. He united an apartheid-torn nation, brought them together using the universal language of sports, as he worked hard to make South Africa win the 1995 Rugby World Cup – where both blacks & whites of South Africa for the first time cheered together for their nation. From there to becoming a hosting nation of FIFA, all one can say – what a man! IT’S MORE THAN SELLING SOCCER SHOES!A few days back, Adidas launched a 60 - second viral to celebrate the success of its shoes F50 Adizero. The maximum number of goals during this World Cup were scored by players wearing the F50 Adizero shoe. While 20-year-old Thomas Mueller may have won the ‘Golden Boot Award’ and joined the club which has stars like Pele, Michael Owen etc, a totally different competition has started between Adidas & Nike. While Adidas in its viral claims its F50 to be the ‘2010 FIFA World Cup Top Scoring Boot’, Nike for its part claims the honours. After all, Iniesta who scored the winning goal for Spain was wearing Nike’s CTR360 Elite series boots. Irrespective of whose claims are correct, this is sure, both brands would witness a surge in their sales. However, what’s interesting is FIFA or any other mega sporting events do more than just help sell sports shoes. A month before the FIFA, people in UK were asked, “How safe is South Africa?” A good 56% responded ‘not safe’, while only 3% said ‘very safe’. Towards the end of the World Cup, 56% had changed their answer to ‘quite safe’. South Africa saw its image getting a boost after the world watched it on TV for about a month! Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website---------------------------------------------------------------------------------------------------------------
The world over people are glued to their TV screens, taking in the excitement of FIFA. It’s pure delight, sheer happiness to see a goal being scored on football’s biggest stage. A goal brings with it instant fame, victory and of course celebrations for players and fans. However, what’s different is that for the first time in the history of FIFA, will someone be awarded for showing their passion. This month (June) Coca-Cola revealed its plans to recognize the most entertaining “goal celebration” with its “Coca- Cola Celebration Award”. Coca-Cola believes that “Players are sure to release their African rhythm and create some iconic move that will rival the legendary celebrations…” After all what is FIFA without the jig, the jiggle, the jumps, the triumphs. You enjoy the way the players celebrate after each goal as much as the game. Now Coca-Cola has it all archived at www.fifa.com/celebrations, and it’s giving awards for the jiggle that gets the highest votes from viewers. In fact it was Roger Milla of Cameroon who in a spontaneous release of emotions celebrated his goal with his iconic corner flag dance; and forever changed the world of “football goal celebrations”. With FIFA happening in Africa, Coca- Cola thought of this unique advertising strategy. Its final aim is to increase the company’s service from 1.8 billion servings per day to 3.2 billion by 2020. This seems to be an interesting way of blending the game, the feel of Africa and happiness all into one! So it instituted this award for the player who celebrates his goal in the most unique manner. OPEN HAPPINESS – A GREAT STRATEGYAn interesting viral campaign caught my attention – it was called “The fun theory” campaign. The bottom line of all the video clips was – making things fun is the easiest way to change people’s behaviour. It was a series of experiments named “the fun theory” which was conducted and captured on a hidden camera to find out if the world could be made a better place by introducing the element of fun. One of the most popular ones (more than 1 million views on YouTube) shows how turning a set of subway stairs into a large piano (each step was painted as a key of a piano) encouraged people to use the stairs and not the escalator. Every time you walked, a stair played a musical rote. You could see the people playing on the steps and actually enjoying it. Another experiment had a trash can which made a sound, as if it was a 50 ft. deep well, when you threw garbage into it. This particular trash bin collected more garbage than earlier - simply because everyone enjoyed the experience. Each viral ended with one line, “The funtheory.com. An initiative of Volkswagen” Not surprising then, that this year at the Cannes Lions International Advertising Festival, the most prestigious award, that of ‘Advertiser of the Year’ – which is given to advertisers who have made a place for themselves when it comes to encouraging creativity and inspiring innovative marketing campaigns – went to Volkswagen. From its first win at Cannes Lion in 1961 to the current one for its ‘viral ad’, Volkswagen has showcased creativity at its best. Again, it’s not surprising that its intelligent positioning and brand building strategy will help it fulfill its aim of becoming the leading car manufacturer in the world. When it comes to brand building, the one theme that seems to be working best is that of “fun”, be it drinks (Coca- Cola) or driving (Volkswagen) all seem to be adopting this theme. Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website---------------------------------------------------------------------------------------------------------------
How long does it take to summarize two hundred years of a nation’s history? Ans: Exactly 181 seconds! This is the way Argentina is celebrating its bicentennial. The story of the nation is being told through a 181-second story of the county’s most loved and strongest brands. With the help of each brand, a tale is woven around the growth and development of the nation and the brand – for these brands are no ordinary brands; their makers didn’t just believe in earning profits but in earning pride for their nation. One 181-second story is on Quilmes beer. It traces the history of how the brewery was set up, which slowly changed the fortunes and lifestyles of the people of that area. As the nation prospered, so did Quilmes. When T.V. came to the country, Quilmes became the first advertiser. Then one day, Quilmes picked up its local soccer team, backed it with sponsorship, enthusiastically supported it through the years, while the team went ahead and started playing for the nation and one day got Argentinaits fi rst World Cup. 30 such local brands are being showcased to celebrate Argentina’s 200 years. This goes on to show that brands are today symbols of our society and brand builders are even society builders. Brands have a symbolic power and some of them have so deeply ingrained themselves into our culture, that they even give consumers a way to identify themselves – I am who I am partly because of the brands I use. Turn your brand into a ‘host’ brandIf your brand can become a part of the local culture and sneak into popular conversation, you have won the loyalty of your consumers. In my previous write-up, I mentioned how interesting ‘brand stories’ make the brand more endearing and popular than just plain facts about its various attributes. Well, the best brand stories are those that are in sync with the culture of the country. The brand that understands the cultural sensibilities of its consumers always has the upper hand. As Julien and Eric remarked in their study on branding, marketers must view branding as a “culturally malleable” mode of communication. The FIFA World cup fever is on as everybody from Timbuktu to Tamil Nadu, from Beijing to Bhubaneswar will be engrossed in this mega event. Sab Miller, the South African beer brand, did not waste this opportunity to connect with people. It may not be the ‘offi cial beer’ of FIFA, but it found a way using its culture knowledge. “Bula Boot” is one such typically African concept. It’s all about spontaneously having a party from the ‘boot’ of your car, usually near a sports match, or music concert. SAB Miller distributed many Bula Boot kits. 100 teams of tow people went around the various football venues with South African fl ags, chairs and the beer to, well, Bula Boot. It sure booted out the offi -cial sponsor of FIFA, Budweiser, out of everyone’s mind. SAB used its cultural heritage brilliantly to gain the upper hand. Today, it’s extremely important to stay culturally relevant. The American T.V. channel Telemundo, which broadcasts in Spanish, went ahead and got research done to understand the Latin community better and to fi nd out what they identifi ed with, demanded and wanted. Gone are the days when just demographic studies were enough. This time, the research studied cultural infl uences, sexual preferences, and other such issues. They uncovered a spectrum of rich identities, which were overlooked earlier by marketers. On the basis of this, Telemundo can and will create newer, more relevant T.V. programmes – and of course, keep its lead vis-à-vis other T.V. Channels. Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website---------------------------------------------------------------------------------------------------------------
It started with a rivet. Born in Germany this man migrated to USA, settled in San Francisco and became a trader. Jacob Davis a tailor, started buying cloth from him to stitch pants. One of his customers kept ripping his pockets on his pants & Jacob had a tough time repairing it time & again, till he came upon the idea of putting copper rivets at the stress points on the pocket corner. His “riveted work pants” very quickly became a craze. Worried that someone would steal his idea, he called on his friend, the trader. Together they patented his invention. For twenty years Jacob and his friend Levi were the only company allowed to make riveted work pants. This is how the story of Levis “jeans” started – with a rivet. In today’s world too, its “riveting” stories that bring success. Every time you look at a Levis jeans you remember the rivet story. Good stories stick on and make the brand name stick on too. Stories don’t just save livesThere was woman named Scheherazade who was one of the many slaves of the Sultan. The Sultan was known for beheading anyone who displeased him. The intelligent woman found a unique way to save her life… every night she told him a story, but would stop at the most exciting part and make the Sultan wait until the next evening to hear the end. For 1001 nights she did this. It impressed the king so much that he not only granted her life, but also married her. A great story is what is responsible for the survival of great brands too. We all love stories. We love to listen to them, narrate them & we all love great story tellers. Great stories never die – look at the Mahabharata and the Ramayana. Similarly great brands built on great stories live on. “Intel Inside” is one of the shortest, yet one of the most successful stories ever told. Not many know or understand the benefit of an Intel processor in their computer, yet it’s these two words that make them feel confident that they have made the right choice. According to some thinkers what really turns a product into a “brand” is intelligent “PR” (Public Relations). You need to let out an interesting story to the media, for people to notice you. Later on, advertising can be used to sustain the brand & survive. One company that used it the best to its advantage was the UK-based “Innocent” brand of smoothies. There was a “story” woven into every ‘P’ of marketing, right from the name – well chosen, to represent that everything in the bottle was “fresh and unadulterated” to the packaging. Short on budget, they launched the drink from a stall put up in a little music festival in London. On top of their stall they put up a sign which read thus: “Do you think we should give up our jobs to make these smoothies?” and put two bins labeled “Yes” & “No”. If you liked the smoothies you had to put the empty bottles in the “Yes” bin. At the end of the weekend the “Yes” bin was full. The two friends resigned from their jobs, and “Innocent” was born. Not just the brand name, even the logo & the packaging was designed in such a manner as to tell the story of their company’s philosophy. Their aim was to design the packaging such that it told a three word story i.e. the contents are “home-made, natural, and posh.” This helped them differentiate from the hundreds of “fresh juice” brands crowding the marketplace. The space behind the logo on the bottle was used to put down a “banana phone” number where you could call and let the company know what you thought about smoothies. You could even mail them. The unique way of telling your story via the packaging caught the fancy of consumers & shook up the beverage market. The company showed it was a good story & not big budgets that was required to win over customers & market share. Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website---------------------------------------------------------------------------------------------------------------
He is more popular than Jesus… well, at least on Twitter and he is just 16 years old. His mom posted a video of his on YouTube, which triggered a series of events and shot him to fame. Today every girl from the age group of 7-16 dreams of how it would be to be his girlfriend. She did in 18 months what Madonna took nearly a decade to accomplish. She is 23. She features in the 2010 Time Magazine’s listing of the 100 most influential people in the world. Who are these people? How will they affect business? Get to know them betterWelcome to the new world. Generations come and generations go and they leave their impact on the world. The generation of ‘Baby Boomers’ is retiring and a whole new, and totally different one is emerging, ready to take on the world. Look around you they are everywhere, in sports (Maria Sharapova, b.1987), in business (Mark Zuckerberg, Founder Facebook, b.1984, Ivanka Trump, Donald Trump’s daughter, b.1981), in music (Britney Spears, Miley Cyrus of the Hannah Montana fame, b: 1992, and of course Justin Bieber, remember he is more famous than Jesus, and Lady GaGa, who beat Madonna in her own game) in Hollywood (Daniel Radcliffe of Harry Potter fame, Megan Fox, b.1986 , Hilary Duff and the very pretty Scarlett Johansson, b.1984). They are even the new face of Royalty! Move over Lady Diana, it’s time for Princes, William and Harry. These are the people who are not just bringing the gold medals for sports, but also the Oscars, and the moolah for businesses. In fact, they seem to be popping-up just about everywhere. Look at more characters being modeled behind them. In the fi lm ‘Up in the Air’, the young recruit changes the whole work place and shakes up George Clooney, as he gets a close view of the way this generation functions. He realises that they nowadays use SMS to even break up a relationship. Look at movies like the Devil Wears Prada, (500) Days of Summers etc. and you will get to understand them better. The latest ad of Intel in some way mirrors this new generation’s thought process. The tagline goes – “they come from around the world. Then they go out and change it”. Intel: Sponsors of Tomorrow. The copy of the advertisement goes on to explain how the company uses these young minds to solve tomorrow’s biggest challenges. Look, even scientists are getting younger. Mover over, old, wild Einstein, the image of a new scientist is a smart, cool, kid! These are the “Millennial”. Just a few years ago, you watched them zip by in cars driven by their parents with the ‘Baby on board’ stickers on them. You fought with them across the dining table to fi nish the vegetables on their plates. Today, you are meeting them in the boardrooms, and in the market place, and you cannot ignore them, for according to a survey done by Pews Research, this is America’s most educated generation, and the one with a large spending power. This is the first generation that grew up with computers, mobile phones, and got iPods & Nintendos as Christmas gifts. They are multi-taskers, they live on the Internet. They don’t go to the stores to buy things – they first check the website. This is also a generation that grew up in stable homes, is closer to their parents, who are more like friends (remember it was Justin Biebers’s mother who posted his first video on YouTube & is the one who travels with him and he is proud about it). This generation likes large families and is more tolerant. Most importantly, it’s very hard working, talented, confident, connected and open to change. It even voted for “change”. Don’t forget this is the generation that made the impossible happen and voted Barack Obama to power. And yes, he may not be Elton John, at least not yet, but 16 years old Justin Bieber got to perform at the White House. Read More....For More IIPM Info, Visit below mentioned IIPM articles.
IIPM B-School Detail
IIPM makes business education truly global
IIPM’s Management Consulting Arm - Planman Consulting
Arindam Chaudhuri (IIPM Dean) – ‘Every human being is a diamond’
Arindam Chaudhuri – Everything is not in our hands
Planman Technologies – IT Solutions at your finger tips
Planman Consulting
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM ranked No 1 B-School in India
domain-b.com : IIPM ranked ahead of IIMs
IIPM: Management Education India
Prof. Rajita Chaudhuri's Website---------------------------------------------------------------------------------------------------------------
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