Of all the Values that are important in the play of Strategy, Courage ranks extremely high. It is the ability to take a stand and to have the strength to do something in the face of adversity, challenge and pain.
In the run up to Strategy, even before a Strategy is put in place, one has to have strong conviction in an idea, thought, mission, vision and/or intention. Needless to say, due diligence must be done in evaluating all scenarios and alternatives.
But once all deliberations are done and a course of action is determined to be wise, never discredit your judgement. Stand squarely behind your strategy and decision.
Course correction, basis midway changes, however, is a wise thing to do. Flexibility, not rigidity, is a characteristic of the Courageous. The virtue of honesty, truthfulness and a courageous recognition of reality combine into one of the most important virtues ….. Integrity.
There will be people who misunderstand intentions and actions and condemn, but if, as per your judgement and wholistic assessment, you are doing ‘The Right Thing’ and ‘The Right Way’, there is nothing to fear.
One of my biggest lessons in life has been related to ‘Moderation’. Extremes, I learned, are most often not the right route to take. It is more a ‘philosophy’ of life one builds on and becomes a way of thinking and taking decisions.
In pure business terms, I have seen the merit of cutting out extremes ….. on the one end of spectrum, to ‘reduce risk’ by not planning too aggressively ….. and on the other, to avoid not being ambitious/aspirational enough.
On another dimension, there is moderation needed between becoming too quantitative in strategy formulation and hence numbers driven vs staying highly qualitative and hence not specific enough.
Strategy also needs a good balance between the rational left brain and creative right brain thinking. I have seen merits of balancing a strategy by making a logical plan and then stepping back and looking at the ‘gestalt’ to ‘see and feel whether it all makes sense’ ….. using intuition and gut to ‘add that extra beauty’ to a well developed plan !!
Life, perse, is a perfect example of the outcome of moderation on planet earth and in homeostasis in our bodies. Mother Earth operates in a well defined range of temperature, humidity, atmospheric conditions ….. and any variation outside this range is corrected through well defined feedback mechanisms. So also is true with our bodies. Any disturbance of this delicate dynamic balance can cause disturbances and disease. A moderated and balanced system, in harmony with its ecosystem thrives with sustainable life in Bliss !! Strategy should ensure moderated and dynamic flow of life in a system.
Strategy makes the difference between a successful company & a failure ? The word has its origins in Greek :
‘Strategia’ = “generalship”
‘Stratos’ = “army”
‘agein’ = “to lead”.
In military science, strategy refers to the large scale plan for how the generals intend to fight & win a war. Strategy is about making choices to have A Winning Proposition to not only preserve resources, but leverage & multiply ….. in the Creation of Value ….. (in the same order as below) :
To Create Value for customers
To Build ROI for organisation
A Unique ‘Causal’ relationship exists between ‘Strategy’ and ‘Confidence’. The approach to Strategy has to be with full confidence ….. in one’s intentionality, in capability, in execution, in insights, in people…..
….. And deep insights, robust strategy, capable team ….. in turn lead to Confidence !!
Confidence is contagious & so is lack of confidence & a customer (as well as your enemy) will recognize both.
General Patton, having studied in detail and read his opponent Rommel’s book, exclaims after scoring over Rommel in battle “Rommel, you b******, I read your book !!”
A quote from General Patton captures the ‘Strategy – Confidence’ correlation beautifully : “A man must know his destiny. If he does not recognize it, then he is lost. By this I mean, once, twice, or at the very most, three times, fate will reach out and tap a man on the shoulder. If he has the imagination, he will turn around and fate will point out to him what fork in the road he should take, If he has the guts, he will take it.”
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What’s in a name ? Nothing ….. Or is it everything ? Shakespeare captures a perspective, so beautifully reflected in the following exchange between Romeo and Juliet :
Juliet.
O Romeo, Romeo! wherefore art thou Romeo, Deny thy father and refuse thy name; ‘Tis but thy name that is my enemy; Thou art thyself, though not a Montague.
What’s Montague? It is nor hand, nor foot, Nor arm, nor face, nor any other part; Belonging to a man. O, be some other name !
What’s in a name? that which we call a rose
By any other name would smell as sweet;
So Romeo would, were he not Romeo call’d, Retain that dear perfection which he owes; Without that title:–Romeo, doff thy name; And for that name, which is no part of thee, Take all myself.
Romeo.
I take thee at thy word: Call me but love, and I’ll be new baptiz’d; Henceforth I never will be Romeo.
Juliet tries to tell Romeo that a name is a meaningless formality (for the sake of identity ?) and that she loves the person who is called “Montague”, not the Montague name and the Montague family. Romeo, out of his love for Juliet, rejects his family name and vows to be instead “new baptized” as Juliet’s lover.
Juliet meant that she loved Romeo the person, his attitude, his spirit, his nature, his soul and not the name per se ….. little did she realize that the same very name, alongwith her own, would become a strong brand name, which, over the next few centuries, would epitomize love and romance !! So even if Romeo Montague’s name was changed to ‘Tom, Dick or Harry’, it didn’t really matter to Juliet. No one will ever know, however, whether instead of Romeo, if any one of ‘Tom, Dick or Harry’ were used, would they have still evoked the same feelings and emotions that ‘Romeo’ evokes or capture the same nuances ….. but that is what brand Juliet, in love with brand Romeo thought !!
What a great ‘value add’ an experience, feelings and emotions can do to a name !! Even X, Y, Z and alpha, beta, gamma can start to stand for anything, depending on the ‘surround’ sound created by a brand experience, performance and interaction (referred to variously as brand positioning, personality, personification, style, tonality, image etc., etc.). But whatever it be, should be genuine; as they say, the consumer could be your wife or mother as well.
The word used for ‘identification’ of any product or service, whether having a dictionary meaning or not, starts acquiring a new meaning, properties and characteristics of its own, sometimes very different from the original meaning (if any), depending on the interactions and experiences ….. and when that happens, that word ‘grows up’ to be ‘A Brand Name’ !!
A classic case in brand experience is the iconic ‘Ambassador’ car seen on Indian roads for many decades now. Dictionary meanings of names, obviously cannot, on their own, rub off qualities on the product or services that use the name (as also, words with no meaning at all, acquire distinct properties based on the experience that the products/services using them create). Ambassador has not been able to ‘encash’ on the ‘class’ that the dictionary meaning of its name brings ….. no Ambassador would have ever taken the Ambassador car as a Brand Ambassador or vice versa, been one for the car !! But ever seen a white Ambassasor car with a red light on top (and maybe a few stars and a flag also), moving on the roads in India ….. this new ‘look and feel’ now acquires very different brand characteristics of ‘political power’.
The concept of branding, initially originated to ‘brand’ cattle for the purpose of identification, has now evolved into an art form working together with the discipline of scientific approach and evokes so many feelings, emotions and thoughts. Brands are valuable assets that need nurturing, protection and maintenance, to be handled very carefully like crystals or to be polished like brass. A little slip and we have examples of how brand equity risks getting shaken up, requiring monumental subsequent efforts to salvage/build it again. How much the ‘feel’ of a brand can be stretched to brand extensions, is also another area of debate and study ….. A Fanta always meant an orange drink to me; I could never ‘digest’ an apple Fanta. Examples and learnings abound for both positive and negative handlings of brand equity …. the Nimuselide controversy, Tiger Woods scandal, Satyam case, Tylenol crisis, etc., each of which is a case study, but obviously cannot be detailed out here due to lack of space.
Who would have thought that a very unconventional name like ‘Amitabh Bachchan’, carried by a thin, skinny, lanky figure, whose owner’s deep baritone voice was rejected by All India Radio and whose initial attempts in Bollywood were hardly worth talking about, would one day become A ‘BIG Brand’ with probably the largest fan following on this planet. The story of the effort that he genuinely put into his work and the experience, delight and enjoyment this brand name subsequently brought to the world, is what legends are made of ….. as if resonating a dialogue from one of his blockbuster movies, in the same deep baritone voice saying ….. Aaj khush to bahut hoge tum (Today, you must be feeling very happy) ….. A Brand tagline of sorts !!
(An edited version of this article also appeared in Empowering Times, May, 2011)
Testimonial67
I am sure the entire team will benefit from the guidance and support of a stalwart like you and your guidance and help will be most appreciated by all of us. Looking forward a significant and successful year 20XX. I am sure that with the team which we have now and a person like you guiding the team strategically, we can be the most admired company in India very soon.
Testimonial66
We are grateful to you.
Dear Mr. Singh,
I wish to convey my deepest gratitude to you for sparing your valuable time for designing and imparting such a wonderful and practical training programme for us. All of us, including the participants and the Chiefs of locations are extremely thankful to you. The training went off very well. Hope to have a long term relationship with you.
Testimonial64
Thanks very much for wonderful, invigorating training sessions for our staff. I feel and am very much sure that the staff has been sensitized to this very important aspect of their Job Profiles. I am sure this small step will go a long way in fulfilling the vision and mission of our organisation. Hoping this concept blossoms and flowers across the organization.
Regards,
Testimonial63
Dear Mr. Singh,
After reading the true story of XYZ Bakery in detail, I was highly thrilled. I am fully convinced that continuous improvement is the real secret of success. Japanese who were badly devastated by the second world war have come up very strongly to face the super powers only due to their firm conviction in 'continuous improvement'. Thanks for sending a highly inspiring story of success.
Regards,
Testimonial61
Pleasure has been ours too ! Students thoroughly enjoyed ! I was also moved by the film on leadership. I wish to see it again. Perhaps I shall borrow from you sometime during your next visit .
Propose you become a friend of our institute and you have a standing invitation to attend whatever you wish to and you can come here anytime - treat this as your institute ! Welcome as a Friend Forever
Testimonial48
Mr. JP Singh posses one of the sharpest marketing brain, a quick thinker & decision maker, under whose leadership team members always feel confident of support & assured of being taken care of.
Deepak Malaviya
CEO at DENIAR
Testimonial47
JP had an eye for the future , passionate,leads by example, he invited creativity with lot of zest and vigour. He has made Managers better effective leaders. He created the eyecare revolution in India. A teacher and a great Boss from whom I have learned a lot.