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It starts with the corporate strategy, and includes marketingstrategy, and the all-important humanresourcestrategy. Unlike PepsiCo , Coca-Cola’s corporate strategy is to resist diversification and focus on non-alcoholic beverages. You focus on that 20% to generate a high ROE (return on effort).
Wouldn’t you expect more innovation? Trouble often starts with the brand management itself – the loss of direction, the inability to inject innovation, the failure to recognize customer evolution, the lack of understanding of what the brand is and what it is not. Some companies brand exceedingly well. That’s an understatement.
by John • November 30, 2011 • HumanResources , Leadership , Life , Marketing , Strategy • 0 Comments. For example, if it was innovation and creativity that brought revival, chances are high that innovation and creativity will remain a cornerstone of their corporate culture. HumanResources.
The Essence of Strategy (Part 2). by John • October 30, 2011 • HumanResources , Leadership , Marketing , Strategy • 4 Comments. At Fortis we help businesses use natural gas more efficiently, save energy and seek innovative energy solutions to save money. Leadership , Marketing , Strategy.
Innovation has always been what makes good businesses great. And innovation does not happen without change and risk. Armed with ready ideas, the lead team can decide who will post what and when, creating a consistent, time-efficient social marketingstrategy. Part of being a leader is managing change. Manage perceptions.
For the sake of brevity, I’ll list just five similarities between HR and brand marketing. HR’s product is the corporation’s humanresource , the people required to build the product, produce it, sell it, ship it, invoice it and service it. Marketers determine how to bring the brand promise to life. Everything.
The Essence of Strategy (Part 1). by John • October 23, 2011 • HumanResources , Leadership , Marketing , Strategy • 4 Comments. I’ve always loved strategy. People worry that strategy slows a company down and limits growth opportunities. Innovative. HumanResources.
The essence of sacrifice in her mind was giving up something of value for another consideration; when people are together they are more collaborative and innovative. Branding HumanResources Leadership Life MarketingStrategy Bob Olodort CEO Complexity Culture Focus Jacobs Suchard Nabob Sacrifice Samsung Vision'
by John • December 11, 2011 • Branding , Leadership , Marketing , Strategy • 1 Comment. In the case of struggling Nabob Foods, two significant innovations facilitated the turnaround. Nabob Coffee’s market share accelerated to 25% and national leadership as arch rival Maxwell House worked to catch up.
by John • November 13, 2011 • Branding , Life , Marketing • 5 Comments. I’ve never thought of the homeless as innovative or entrepreneurial. Formerlife: CEO of Jacobs Suchard (Nabob, Kraft), Strategy/Branding Consultant. HumanResources. Homeless, Not Helpless: Entrepreneurship in Unlikely Places.
Tough-Minded Ways to Innovate. by John • May 16, 2011 • Leadership , Strategy • 3 Comments. Articles on strategy and culture were my favorites, many of which I scribed in pencil on a piece of paper that my secretary typed for posterity – oh my, that sounds archaic. They’re hardheaded about Strategy.
by John • October 17, 2011 • Branding , HumanResources , Leadership , Marketing , Strategy • 3 Comments. Never in the history of marketing has there been so much talk about branding. Wouldn’t you expect more innovation? HumanResources. In the CEO Afterlife. Main menu Home.
Magic can’t happen in cultures that don’t worship innovation. Innovation starts with leadership. Most big company cultures are not innovative. Oh yes, they talk about innovation in their annual reports and their mission statements. But this isn’t the Apple, Google or Amazon type of innovation. Failure is lauded.
In this TED video , Sinek explains what he believes to be the reason for Apple’s constant innovations and their repeated successes. Red Zone Marketing’s “Why”: We focus our efforts on finding simple, common sense and inexpensive alternatives to creating growth in a business. Sinek makes a case that it’s all about the messaging.
So much has been written about business innovation this past year. Those walking the talk are on Fast Company’s list of the World’s 50 Most Innovative Companies. Are we to deduce that innovation is the domain of new economy and early-stage life cycle businesses? These innovators love playing rocket man.
Jack Welch’s replacement wanted ‘Innovation at Work’ — not bad for culture and corporate morale, but in my view, short on consumer relativity. Formerlife: CEO of Jacobs Suchard (Nabob, Kraft), Strategy/Branding Consultant. HumanResources. Now, as far as ‘walking the talk,’ Allstate has plenty of work to do.
You be obsessed with innovation. They leverage their financial resources. You grow by doing less, better. They are conventional and reactive. You be distinctive and farsighted. They are obsessed with efficiencies and processes. You leverage your creativity.
But they cannot be permitted to lead; make them play catch-up by continuing to strategically innovate. But in my final years as CEO of a growing, profitable consumer packaged goods enterprise, it was senseless to engage in bitter wars that challenged margins. A competitor doesn’t have to fail; they too, can make a profit.
Here’s a clue to the French liquor-maker’s culture, from their annual report: “We will continue to raise our game so that creativity and innovation are the heart of our model. Great observation – that it's creativity and innovation in the business plan that matters, less so the advertising. HumanResources.
In a world where consumer expectations are higher than ever, achieving meaningful engagement requires more than traditional marketingstrategies; it demands a personalized approach that resonates with each individual. This is where Artificial Intelligence (AI) is making a transformative impact on MarTech (Marketing Technology).
We are living in a digital era, and hence, online marketingstrategies are promising. Utilize a variety of online tools available, including social media and email marketing. Provide Innovative Service. To do this, you need to embrace innovation. You can also provide free pick-up and delivery services.
Thirty-five years ago at a ceremony in Vancouver, BC, I accepted AMA’s Marketer-of-the-Year Award on behalf of Nabob Foods. This company earned that honor by re-staging a tired coffee brand with innovative packing technology and breakthrough advertising.
For customers to know about your company brand, ensure that your marketing tactics fit your target audience. Having a well-thought marketingstrategy will help you direct your budget on the most effective communication channels. To address these concerns, you need a robust and able HumanResource department.
Imagine Apple without innovators or Zappos neglecting service or Whole Foods selling a slew of processed foods loaded with saturated fat. Other than ensuring an ethical environment in the organizations they govern, I suspect today’s Boards still don’t give culture the attention it deserves. Generally, founders instill the culture.
Last week I identified the successful 21 st century CEO as someone who is constantly thinking about the future. History has shown us that the best performers were those who made the right strategic moves to create a future in which their company would enjoy significant competitive advantage.
Companies say they want to be customer-centric, to be innovative, to produce outstanding products and services, to be environmentally responsible, to be socially responsible, and so on. We read about these factors in the quintessential mission statements that occupy real estate in annual reports and gather dust in reception lobbies.
Envision Google without innovators, or Zappos cutting corners on customer service. And even though culture is a vital determinant of business performance, today’s Boards fail to give it the attention it deserves. That is not the case at Google, Zappos, Whole Foods, and several other new age companies.
Most leaders are interested in growing their businesses through innovation, but it's risky business: most innovation efforts fail. After years of helping to make innovation happen as chief communications officer at Steelcase and as a consultant, I have a point of view that I'm willing to bet on. Don't lose sight of the horizon.
How many times have you heard that “knowledge is power?” I’m guessing that without much thought, you readily nod your head in agreement. In every vocation, from academics to business to politics, the knowledge theorem and its power corollary is seemingly undeniable. . Knowledge Theorem: Information + Knowledge = Better Decision-Making. .
Or could it be something more, something about the human spirit that has us looking ahead to a better future for ourselves, our families, and every living thing on the planet. To every one of us, the future is important. Maybe it’s because the future is where we are going to spend the rest of our lives.
The free flow of workers between companies is central to economic growth and innovation. Although it might seem that greater control and stronger enforcement are beneficial—it is important for firms to protect key trade secrets, after all—the evidence shows that these changes critically undermine employee incentives to learn and innovate.
Two decades ago, organizations were designed around stand-alone business units, so all managers had to understand finance, technology, manufacturing, sales, marketing, strategy, humanresources, and more. At one time general managers were at the center of the action.
The giants dominated markets and gobbled up competitors; they also failed to cope with rapid change. Their competitive edge eroded because the people at the top, who considered themselves the corporate brain, failed to innovate. Innovation and entrepreneurship began a comeback, albeit in measured bites. HumanResources.
To its credit, GSK still owns Macleans and although it is no longer the #3 brand, chomping at the tails of Colgate and Crest, Macleans has benefitted from contemporary marketing and dental care innovation in a few geographies. Formerlife: CEO of Jacobs Suchard (Nabob, Kraft), Strategy/Branding Consultant. HumanResources.
To its credit, GSK still owns Macleans and although it is no longer the #3 brand, chomping at the tails of Colgate and Crest, Macleans has benefitted from contemporary marketing and dental care innovation in a few geographies. Formerlife: CEO of Jacobs Suchard (Nabob, Kraft), Strategy/Branding Consultant. HumanResources.
Brand Surgery – excerpts from my Marketing Magazine article. by John • February 5, 2011 • Branding , Leadership , Marketing , Strategy • 1 Comment. The role has been relegated to middle managers who are brand custodians, not leaders in innovation. HumanResources. Main menu Home.
Qualitative cultures are about the creativity, the ingenuity, and the innovation created by the humanresource, not the financial resource. But to smaller companies, qualitative strategies are the catalyst to sustainable competitive advantage. This is a culture of entrepreneurial and innovative thinking.
Co-founder of Rose Park Advisors—Disruptive Innovation Fund. A leading thinker on strategy and breakthrough innovation. Telisa Yancy – Chief Marketing Officer at American Family Insurance. Formerly a leader in the automotive, retail, restaurant, media innovation and consulting industries. ’ Game.
I consider Google a tier-one innovator. You “fix brands before they break” with innovations that add value and fortify the bran d’ s raison d’être. Twenty years ago, Nestlé could see that the instant coffee market was broken. Nestlé turned to product innovation to fulfill the convenience needs of coffee lovers.
The outcome of ‘doing less better’ in market scope has been stellar; past five years sales have doubled and earnings have tripled. With 60% of annual sales coming from innovative new products, it is clear that LEGO has not been idle. Doing less better’ doesn’t mean doing less work. In-N-Out Burger.
But even artists have to eat, and the fuel of commerce and industry is innovation and novelty. This hybridization of the arts and business is nothing new of course – it’s been going on for centuries – but they have always been uncomfortable bed-fellows. Let’s trade. Will work for food!” as the street-beggars sign says.
Bold Innovation. The bolder you are in the search for innovation, the more likely you are to unearth the big idea. I’ll compare this to the “fire, ready, aim” approach of innovation. HumanResources Leadership MarketingStrategy BP Culture Donald Trump Entrepreneurship Howard Schultz Life Mentoring Starbucks Vision'
For example, we know that a great strategy without great execution isn’t worth the paper it’s written on. Culture, strategy, leadership, branding, innovation, customer orientation and employee centricity must co-exist. So why then, has strategy been singled out as the whipping boy? Most leaders and managers know this.
by John • April 11, 2011 • HumanResources , Strategy • 0 Comments. Sixty-five innovative operations - four in the state of California alone. EA says that would stifle innovation. Check their market cap and reputation for innovation. HumanResources. In the CEO Afterlife.
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