Facebook Pixel The Story Of Telling | The Smart Manager - Business - Bu hikayeyi Magzter.com'da okuyun

Denemek ALTIN - Özgür

The Smart Manager

|

July-August 2017

“The best brands are built on great stories,”* this remark by Ian Rowden best captures the strategy of diligent brand building. Much more than attractive logos or the products themselves, what builds a brand is how successfully a story is woven around it. Brand marketers have to be good storytellers indeed.

In its dictionary, the American Marketing Association (AMA) defines a brand as a “name, term, symbol, design, or other feature that distinguishes an organization or product from its rivals in the eyes of its customers.” With all due respect to the good people at the AMA, that definition is a long way out of date.

As any good marketer will know, a brand is a lot more than just a name or a symbol. They are the attributes that customers associate with a product, service, or company. They are what customers think of when they see the name or logo. The name and the symbol serve as psychological cues, bringing those attributes into the forefront of the mind. But they are not the brand itself.

Brand marks have been around for a long time; Chinese producers have been stamping makers’ marks on products for about a thousand years, but there was little understanding of the cognitive impact that brands had. In the nineteenth century Charles Babbage, better known as the father of the modern computer, wrote about brands in his book The Economy of Machinery and Manufactures, suggesting that customers saw the brand symbol as an indicator of product quality. They would be more likely to buy trusted brands, he said, because they knew those brands would deliver value for money.

William Lever, later Lord Leverhulme and founder of a business empire that includes the modern-day Hindustan Lever, understood what Babbage was talking about. Lever designed one of the first soap brands, Sunlight, very much with the idea of communicating a message about quality. The name itself, Sunlight, implies something that is pure and clean; very much the values that people associate with soap. Lever marketed his product as brand that would deliver those values to the product’s end users.

The Smart Manager'den DAHA FAZLA HİKAYE

The Smart Manager

The Smart Manager

What Are You Doing Wrong In Business?

The havoc incompetent managers can wreak is immeasurable. And incompetence and failure have costs: financial, organizational, and human. When a business fails, or when it suffers a serious setback, its entire mission is compromised. It can no longer serve its customers; it can no longer perform the social function for which it was created. In an interview with The Smart Manager, Morgen Witzel offers a peep into the seven sins of management detailed in his latest book Managing for Success, and tells us how managers can shape cultures that minimize failure.

time to read

9 mins

March-April 2016

The Smart Manager

The Smart Manager

Building A Quality Culture

A strong company culture defined by its values, beliefs, and behaviors, has a profound impact on its products and services. More so in today’s VUCA world, where to stay relevant and maintain a competitive edge, it is critical for organizations to build a culture that focuses on quality. Suresh Lulla, author of Quality Fables, elucidates through significant examples how creating a culture of quality is imperative to driving success and productivity.

time to read

5 mins

July-August 2016

The Smart Manager

The Smart Manager

Customers For Life

The history of General Motors in India can be traced back to the 1920s, when it became the first automotive company to set up an assembly plant in the country. The relationship since then has not been as fruitful as GM would have hoped. GM’s flagship brand, Chevrolet, was introduced in India to build upon the success of the popular Opel marque. However, success has been fleeting at best—an issue that GM India is determined to rectify. It aims to do so by adopting a two-pronged approach: using customer feedback to influence product development, and delivering a superior sales-to-service experience.

time to read

4 mins

July-August 2016

the smart manager

the smart manager

the mark of a leader

leaders and the value they bring to organizations have always been a topic of much discussion. but what often gets forgotten in this dialog is the equally vital aspect of followership. good leadership entails good followership, and in a sense, a good leader has to be a good follower. morgen witzel dwells on the relationship between leaders and their followers—why true leaders do not consider themselves to be a cut above the rest. they interact with their followers, help them achieve their personal goals even while drawing them to a common sense of purpose.

time to read

9 mins

september-october 2016

the smart manager

the smart manager

intrinsic motivation: the missing piece in changing employee behavior

“intrinsic motivation is about helping employees become more productive, engaged, and happier in their work.” shlomo ben-hur and nik kinley talk about fostering a culture of intrinsic motivation and how it can better organizational performance.

time to read

7 mins

september-october 2016

the smart manager

the smart manager

healthy employee, healthy business

organizations with strong wellness programs had lower rates of obesity than “loweffectiveness” companies, and had lower unplanned absence rates (3.3 vs. 4.0 days/year).*today your wellness is not just your own personal issue; it is also a concern of your company. parag pande, accenture india, showcases how designing effective and exhaustive wellness plans can help businesses achieve both short-term and longterm success.

time to read

4 mins

september-october 2016

The Smart Manager

The Smart Manager

Machine Power

..what is machine learning, exactly? Stanford University computer science professor Andrew Ng defines it as “the science of getting computers to act without being explicitly programmed.” In fundamental terms, machine learning is a branch of artificial intelligence that is meant to replicate the way humans take in information from their environment to make better-informed choices for the future*. But realistically, will machine learning transform the way businesses are managed?

time to read

5 mins

November-December 2016

The Smart Manager

The Smart Manager

A Fresh Start

Three experts reflect on their experience of pursuing a management development course and how it reshaped their journey.

time to read

3 mins

January/February 2017

The Smart Manager

The Smart Manager

Fighting The Trolls

The number of people who feel bad reviews have the power to make or break their business has risen from 17% (2014) to 21%. * However, most are struggling to find the right solution. Along with the benefits it provides, the internet also has a dark side. Today, it has become a cesspool of hatred where users openly abuse individuals or companies without any hint of shame or guilt. This culture of trolling has tarnished the brand image of several companies. It is time organizations anticipate such situations and design strategies to combat the menace.

time to read

5 mins

January/February 2017

The Smart Manager

The Smart Manager

Sustainability Is A Marketing Problem

In their recent book, The Sustainability Edge, Suhas Apte and Dr Jagdish Sheth equate the sustainability journey to the game of golf—they say the intent is not to get the best score but rather pursue continuous improvement. They believe companies should embrace sustainability as it is the only way to build long-term competitive advantage. And for this, companies need to effectively engage with all key stakeholders and influence them too. In this exclusive to The Smart Manager, Dr Sheth, talks about why consumers form the biggest piece in this puzzle and why they will play a major role in how this discourse unfolds. Edited excerpts:

time to read

11 mins

March/April 2017

Translate

Share

-
+

Change font size