Dear friends,
As most of us are losing our habit of constantly reading
books, journals in times of digital & social media invasion and an era of
online streaming of movies, we all are getting too engrossed in technology
which is hampering all of us to grow as human beings who were by DNA once programmed
to be enterprising, innovative & hard working.
My current blog is dedicated to those who have lost their
habit of reading books and it is my effort to summarize some of my
learnings /key notes from famous books that I have come across. (let me be
honest that I am trying to come out of social media addiction myself…)
(Disclaimer: my learnings /keynotes from particular book is
completely my opinion and may differ from individual to individual).
Recently I was gifted a wonderful book called “Art of war-sun
tzu”. Below are some of my key take outs which could be correlated to corporate
world.
a) All wars consume 3 main resources i.e. Time,
Money & Energy.
In corporate world we compete with our
services/ products on daily basis and try to win mind space/ market share from
our competitors; Professionals invest their time, money and energy in order to
win consumers & sell their goods/services.
Brands should know when to communicate (timing),
what to communicate (message) and how to communicate (media planning) and
monitor its end result (call to action through market research).
b) Ignore choleric comments:
Sometimes competition passes comments or
runs campaigns in order to irritate you or their targeted brands. (for example:
Coke’s campaign in India in 1990’s official sponsor of world cup cricket vs
Pepsi’s response – Nothing official about it).
Always remember, ‘Wars are won by people who control their emotions’. Don’t allow
your emotional quotient to overtake rational or logical behavior.
c) Know yourself first and Opponent second.
We need to first completely understand our
strengths, weaknesses prior to even enticing or acknowledging competition.
We all have seen a famous Bollywood
blockbuster “ Dangal” wherein the key protagonist Aamer khan first studies
weakness of his daughter and train her to overcome them prior to even
attempting to compete with other wrestlers. Knowing yourself is most important.
Understand your weaknesses and overcome
them to make it your strengths.
d) Prepare beforehand to take your competition
unprepared.
Winners prepare themselves before hand to
face tough situations.
We all have heard story of Ant &
grasshopper in our childhood days wherein Ant works throughout year to collect
food for winter season vis a vis Grasshopper who is flamboyant and doesn’t
sustain itself when weather changes.
We all brand managers, retail professionals
should ensure that we work like an Ant i.e. taking care of our brand strategies
in terms of its market share, inventory planning, marketing, customer service
and implement continuous improvement drive in whatever we do in our
professional lives.
I hope sharing of some learning will help
in some way or other to my friends, upcoming entrepreneurs, budding brand
managers to develop their brands in better & more successful way.
Cheers
Ritesh
#nevergiveup #believeinyourself.
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