Friday, September 24, 2010

LEAD LIKE A CRAZY ROCK STAR

“I have two instincts, I want to have fun, and I want to change the world. As a rock star I have a chance to do both,” were the words of Bono, the lead singer of the Irish rock band U2. The man is not just great at “rock-n-roll” but is also today one of the most influential global leaders. The man today symbolises ‘poverty alleviation’. Not surprising that when the famous author Jeffrey Sachs released his book “The End of Poverty”, it was Bono who was asked to write the Foreword. The man is not just a great singer but also a great and influential world leader. Apart from receiving multiple nominations for the Nobel Peace Prize, he has featured on TIME magazine as the “Person of the Year”. His campaign “ONE” boasts of over 2.4 million supporters. From the time he sang his hit single in 1984, Do they know its Christmas, to raising money for Ethiopian famine relief, the man and his band have come a long way. The man is what rock star leadership is all about.

LEADERS OF ROCK-N-ROLL

To the world, they would be remembered as great singers who loved to rock-n-roll. But look deep and you realise that each of them taught us some very important principles of leadership. They taught us that those people, no matter what their background, who remain true to themselves and fight for what they believe in, can change the world.

Friday, August 27, 2010

DON’T KNOW… DON’T CARE

He doesn’t care about your claims of “good” quality. He doesn’t care if you are number one. He buys only that product which makes him feel happy and which he thinks is right. The “market” is a totally different place today, than it was earlier. There is a new generation of consumers that thrives on products that didn’t even exist as recently as five years back. Technology has created new markets (cell phones, smart phones, iPhones, Twitter, Facebook) and a new breed of consumers that is very difficult to please.

Today’s consumer is even more demanding. He wants greater value from products and services, greater transparency, greater corporate responsibility towards the environment & the less fortunate. According to a survey by Landor Associates, 50% of the 18-25 year olds said they are ready to take a pay cut to work for a socially responsible company. Add to this, the global economic downturn which not just affected many people’s wallets but also their outlook, and the way they are making choices in their lives. As Sheena S. Iyengar in her book The Art of Choosing says “…we use choice as a powerful tool to define ourselves and mould our lives.” If you want your brand to be “valued”, you need to make sure it is the one that this demanding consumer chooses which helps him define his life. Just hoping your brand will sell because it is of good quality, is correctly priced et al, won’t work. The “Don’t Know, Don’t Care” (DKDC) generation wants more. Nissan is rolling out a new ad campaign (dubbed “Innovation for All”), which showcases not price, but innovative features of its cars like keyless entry, air purifiers and smartphone apps, to appeal to this new consumer.

Thursday, August 12, 2010

CHANGING THE RULES OF THE GAME

It’s everywhere. Look around – technology is changing, customers are changing, companies are changing, values are changing, so much so even the climate is changing. As John F. Kennedy said: “Change is law of life and those who look only to the past or present are certain to miss the future”. Yes, change is everywhere.

General Motors (GM) is back. From bowing out in 2008 and moving towards a 2009 bankruptcy reorganisation, the company is planning to advertise in the Super Bowl, the most expensive event to advertise in, in February. GM is now ready with its new ad campaign and a new tagline for the Cadillac which says, “The new standard for the world”. From down-and-out to up-and-about! What a change!

Friday, July 30, 2010

WHAT’S YOUR WINNING LOOK?!

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.
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