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.

Bu hikaye Business Standard dergisinin August 20, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Standard dergisinin August 20, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Volumes, margins lead to earnings upgrade for Page Industries
Business Standard

Volumes, margins lead to earnings upgrade for Page Industries

Page Industries reported sales growth of 11 percent in Q2FY25 and volume growth of 7 percent year-on-year (Y-o-Y).

time-read
2 dak  |
November 09, 2024
With benchmarks becoming harder to beat, avoid very high-cost funds
Business Standard

With benchmarks becoming harder to beat, avoid very high-cost funds

The Securities and Exchange Board of India (Sebi) has, through a circular dated November 5, mandated that asset management companies must disclose expense ratios for direct and regular plans separately in their half-yearly statements.

time-read
2 dak  |
November 09, 2024
Sensex, Nifty fall for 2nd day on FPI selling
Business Standard

Sensex, Nifty fall for 2nd day on FPI selling

Stock markets closed lower for the second straight day on Friday amid relentless foreign fund outflows and losses in blue-chip stocks Reliance Industries, ICICI Bank, and State Bank of India.

time-read
1 min  |
November 09, 2024
Business Standard

NSE mulls launching new products to bolster commodities market

The National Stock Exchange (NSE) is seeking to expand its commodities segment by launching new products after examining the performance of energy, base metals, and bullion, an official of the domestic equity benchmark said on Friday.

time-read
1 min  |
November 09, 2024
Zinka Logistics sets price band for ₹1,115 cr IPO
Business Standard

Zinka Logistics sets price band for ₹1,115 cr IPO

Zinka Logistics Solutions Ltd, a digital platform for truck operators, on Friday said it has fixed a price band of ₹259-273 per share for its ₹1,115 crore initial share sale.

time-read
1 min  |
November 09, 2024
Swiggy IPO: QIBs do final-day heavylifting
Business Standard

Swiggy IPO: QIBs do final-day heavylifting

Issue subscribed 3.6x as institutional investors swoop in on Day 3 to corner 90% bids

time-read
2 dak  |
November 09, 2024
Business Standard

Adani Power cuts B'desh supply by more than 60%

Adani Power on Friday further reduced electricity supply to Bangladesh as the company seeks to recover more than $800 million in dues, according to data from Bangladesh's grid operator and two sources.

time-read
1 min  |
November 09, 2024
Beyond the syntax of national culture
Business Standard

Beyond the syntax of national culture

This book is not just a masterly exploration of India's linguistic civilisation. More importantly, it serves as a timely warning against recent attempts at conducting the epistemic study of Indian languages through a narrow prism of singularity.

time-read
4 dak  |
November 09, 2024
FORENSIC PROBE ALL SET TO BOOST CONVICTION RATE
Business Standard

FORENSIC PROBE ALL SET TO BOOST CONVICTION RATE

With Bharatiya Nyaya Sanhita making such investigation mandatory in serious crime cases that attract seven years' imprisonment or above, more and more criminals are likely to be brought to justice in the next five years

time-read
4 dak  |
November 09, 2024
'Ek hai toh safe hai': Modi in first rally for Maha polls
Business Standard

'Ek hai toh safe hai': Modi in first rally for Maha polls

Prime Minister Narendra Modi on Friday flagged the Congress' \"caste politics\" and cautioned the nation against it, while also accusing the grand old party of \"playing a dangerous game of pitting one caste against another\" for political gains.

time-read
2 dak  |
November 09, 2024