STORM THE NORM
UNTOLD STORIES OF 20 BRANDS THAT DID IT BEST
By
Anisha Motwani
BACKGROUND TO THE REVIEW
This
book is yet another milestone in Indian writing on our internal marketing and
business success stories; for way too long we have been fed Western success
stories in our marketing books and cases, virtually 100% of which have little
direct applicability in India and consequently learnings from them. There is
precious little literature on our own stories, of which we have examples
aplenty. The complete lack of quality research on and writing on Indian cases
is a major lacuna we face; one that is now being slowly bridged.
I
recall reading only 3 books so far – one a book on Positioning giving Indian
case studies, another a more recent book by Anuradha Goyal on Ecommerce
companies, and this – the third one. And sadly, not one of these is available
on book stores prominently; while I can spot an entire series of books by
Western authors, Harvard and what not; as I mentioned in my review on HBR Case
Studies book on Decisions, I can understand the concepts; but the setting is
totally alien and inapplicable to the business atmosphere in India, rendering
the much-vaunted HBR useless to me as a practicing business manager in the
Indian Economy.
ABOUT THE BOOK
This
book takes out 20 case studies from contemporary India – making it a treasure
trove for all Business Managers. These are companies we have worked in,
producing products we have purchased in a socio-cultural atmosphere we are
comfortable in, and in a geography we understand. The chosen case studies are
basis brands that have challenged norms, redefined markets or created new ones,
brands which have been transformational in their impact and approach; all in
all – brands which have done things out of the ordinary.
These
brands can be categorised into 3 – Legacy businesses {Cadbury, Kissan, Raymond,
Saffola, MTR, TOI}, Entrepreneurial {PVR, Makemytrip, Mirchi, Real} and
Challengers {Tata Tea, Sprite, Axis Bank, Cheetah, Kurkure, Honda, Sensodyne,
Idea, Ford Ecosport, Fiama Di Wills}. Challenger category represents brands
which came from behind and launched an attack on the market leader/s; Legacy
represents stories of old & established companies that have constantly
reinvented and reinvigorated themselves to maintain contemporary relevance –and
Entrepreneurial, representing brands that created new categories, and start-ups
which defined a clear space for themselves in in emerging markets and product
lines.
It
is this varied approach, which attempts to cover most types of business
challenges a brand can face in the market, that is the best part of the book.
It also makes for a riveting read, as you are treated to an entirely different
market, business environment and reality every few pages, breaking the monotony.
It also gives deep learnings and fascinating insights for industry specialists
like self, as it gives a peek into processes, best practices from other
industries, which is a vital aspect.
I
would not like to make any comment on the choice of brands; we are such a large
and diverse market that a different author would like as not find 20 other
cases as well; what matters is we are seeing a write-up on a wide spectrum of
business cases cutting across industries – and this may just be a first. Earlier
books I have read have been pretty much industry-specific. There is a crying
need for more such quality research – I hope and wish Management Institutes and
Top Professionals are reading this, and will in future place before us more
such quality output.
THE REVIEW
All
in all, rated 4.5 stars out of 5; it was a tough call – 4 stars or 5; and, as
befits a man who has studied Decision Making in detail, I simply used elementary
statistics to arrive at this scholarly evaluation. 5 stars for the reasons
mentioned above, and 4 stars {minus one} for one case study that I found to be
inaccurate both as an professional as well as a person, for reasons I shall
withhold; as well as due to undue focus on what I perceived to be Urban Indian
Case studies. Be that as it may, the remains that this book is one of the best
I have read for practicing managers and educationists alike, unlike all those
HBR Books which I found to be impractical and theoretical in the extreme.
The
approach that I liked the best was getting the companies that actually did the
tasks to write about how they did it within a framework developed by the author
and her team; while this approach may have it downsides, it does bring an
interval view, a cockpit view to the entire matter, and gives a realistic
vision and exposure to thought processes, analysis of business realities, and
how they planned it out, what decisions and risks they took. This obviously comprises
valuable insights; what I would have loved , and what would have elevated this
book to the level of 5 stars overcoming all other objections is if each case
had an external expert analysis as well, giving a complete view to the
professional. I especially felt the need for more numbers, and industry
analysis to be present. But what is there is way more than enough, that is also
a truism.
The
learnings one can glean from these cases are diverse, and stretch across the
fabled 4 Ps of marketing, giving a full insight to the thinking reader, as well
as the practicing manager. The impact of each decision, the way it was taken,
the approach taken in each case and the focus of the leaders on the various
elements are covered in detail, which is valuable. In reading all, one gets a
deep insight from the level of importance and emphasis placed on each component
“P” by each company. Given that they are from diverse industries, it becomes a
valuable learning when in the process of reading each case, you attempt to
place the decisions and the marketing mix in the context of the industry it is
from; this is what actually furthers your own personal growth, imho.
The
book is a fast read, written in easy simple language and thankfully devoid of
any jargon. It covers a diverse set of industries and Sectors – FMCG, Auto,
Banking, Ecommerce, Services, Telecom, Media, Entertainment. What I felt
lacking was that a couple of cases exclusively focussed on rural India could
have been used; having rural sales experience, I am aware that what is
applicable in our cities is not applicable in the interiors in many, many
cases. Then, I also realise that it is not feasible for one book to do all
- and given the relative paucity of such
material, this is a really class book, all things considered...
Thank You Vishal for a candid review.
ReplyDeleteThank you for taking the time read! Glad you liked the review...
Delete