Fighting brand crises: Lessons from the marketplace
Business Standard|August 20, 2024
Success has many fathers but failure is an orphan' is a quote attributed to many including President John F Kennedy.
- AMBI PARAMESWARAN

In a similar vein, there are many books about brand successes but very few on brand failures or brand "transgressions". One of the books I managed to read many years ago, Brand Failures by Matt Haig, lists 100 biggest branding mistakes, nicely categorised as PR failures, culture failures, extension failures and so on.

Brands have faced challenges in India too and I was involved in a retreat at a business school that was set up to get brand thinkers to capture the learning from such stories. The book that came out of it, Brands Under Fire, edited by Ivan Arthur and Kurien Mathews, captured the challenges faced by Cadbury Dairy Milk, Pepsi/Coke, and UTI 64. All four brands had to confront major challenges—some self-created, some arising from a hostile environment-but they all managed to survive (UTI 64 vanished, but UTI Mutual Fund emerged from the maelstrom).

Ramya Ramamurthy, who was part of the CNBC team that curated the retreat, has written a wonderful book, Rebuild, which is about how some brands overcame crises and emerged stronger. This book, published in 2018, includes 20+ Indian brand stories, including Maggi Noodles, Kingfisher Airlines, Satyam, Tata Nano, and Nokia.

この蚘事は Business Standard の August 20, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Business Standard の August 20, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

BUSINESS STANDARDのその他の蚘事すべお衚瀺
IT stocks suffer biggest one-day fall in six weeks
Business Standard

IT stocks suffer biggest one-day fall in six weeks

Accenture promotion delay, past Fed rate cuts cited

time-read
2 分  |
September 19, 2024
Business Standard

Cabinet clears 'One Nation, One Poll' and host of proposals in farm to space

Soon after completing 100 days in office, the National Democratic Alliance (NDA) government has taken a series of decisions that would have political and economic implications for the country.

time-read
3 分  |
September 19, 2024
Tata Power to scale up internal RE component supply chain
Business Standard

Tata Power to scale up internal RE component supply chain

Plans to manufacture key parts rather than buying them

time-read
1 min  |
September 19, 2024
Business Standard

IT staffers' FY25 salary hikes may be 5.5-8%

Experts say top performers may continue to see increases ranging from 12-18%

time-read
2 分  |
September 19, 2024
Business Standard

RInfra pares debt by 87% to ₹475 cr

Anil Ambani group firm Reliance Infrastructure (RInfra) and its subsidiary Reliance Power (RPower) have cleared a major part of their debt, with RInfra reducing its standalone external borrowing by almost 87.6 per cent to ₹475 crore, down from ₹3,831 crore as on June, according to stock exchange notices.

time-read
1 min  |
September 19, 2024
'No plans to phase out Kwid until rules allow'
Business Standard

'No plans to phase out Kwid until rules allow'

Renault India, which saw a 33 per cent decline in sales in 2023, is facing a challenging 2024. The company's Managing Director and Chief Executive Officer VENKATRAM MAMILLAPALLE, discusses the firm's revival plans, launch strategy, and the future of the Kwid in an interaction with Shine Jacob in Chennai. Edited excerpts:

time-read
2 分  |
September 19, 2024
25-year-old company veteran Samir Kumar has cart full as he takes reins at Amazon India
Business Standard

25-year-old company veteran Samir Kumar has cart full as he takes reins at Amazon India

Amazon has announced that Samir Kumar, a 25-year veteran of the company, will assume the role of head of its India consumer business effective October 1, 2024.

time-read
2 分  |
September 19, 2024
ZEEL refutes $940 mn Disney Star claim over ICC TV rights deal
Business Standard

ZEEL refutes $940 mn Disney Star claim over ICC TV rights deal

Star India on Monday filed a statement of case seeking $940 million damages from Zee Entertainment Enterprises (ZEEL) over the terminated ICC TV rights deal, the latter said in a stock exchange filing.

time-read
2 分  |
September 19, 2024
Business Standard

Best option is to double down on mkt strategy: P&G India

Procter & Gamble Hygiene and Healthcare (PGHH) and Gillette India (GI), both listed entities of Procter & Gamble India, noted in their investor calls that despite near-term macroeconomic challenges, an above normal monsoon will help revive demand in India.

time-read
1 min  |
September 19, 2024
Business Standard

'Irreparable loss for us': EY India on death of CA

The death of 26-year-old chartered accountant Anna Sebastian Perayil is \"tragic\" and an \"irreparable loss\" for EY India, the company said in a statement on Wednesday.

time-read
2 分  |
September 19, 2024