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	<title>value &#8211; Manu Prasad</title>
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	<title>value &#8211; Manu Prasad</title>
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		<title>Platform Principles</title>
		<link>https://www.manuprasad.com/2014/09/17/platform-principles/</link>
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		<dc:creator><![CDATA[manu prasad]]></dc:creator>
		<pubDate>Wed, 17 Sep 2014 05:05:42 +0000</pubDate>
				<category><![CDATA[Brand]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[efficiency]]></category>
		<category><![CDATA[engagement]]></category>
		<category><![CDATA[organisation]]></category>
		<category><![CDATA[platform]]></category>
		<category><![CDATA[value]]></category>
		<guid isPermaLink="false">https://manuscrypts.com/?p=9328</guid>

					<description><![CDATA[Though not by design thus far, I have actually been expanding on the 4P (planning to add one more) framework I wrote about in Agile @ Scale. The attempt [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Though not by design thus far, I have actually been expanding on the 4P (planning to add one more) framework I wrote about in <a href="https://manuscrypts.com/2014/05/28/agile-scale/" target="_blank" rel="noopener">Agile @ Scale</a>. The attempt is to help me navigate the concept of brand in a rapidly changing landscape. <a href="https://manuscrypts.com/2014/07/09/the-change-imperative/" target="_blank" rel="noopener">The Change Imperative</a> tried to showcase some of the <em>possibilities</em> of these dynamic shifts, and <a href="https://manuscrypts.com/2014/08/06/revisiting-brand-purpose/" target="_blank" rel="noopener">Revisiting Brand Purpose</a> dwelt upon <em>purpose</em> in the framework. This post is on <em>platforms</em>. Though media platforms have been around for a while and have been utilised by brands, and the internet, mobile and different OS can also be treated as platforms, I&#8217;m choosing to focus on the brand/ organisation as a platform.</p>
<p>Thus far, the organisation as a platform has been built to leverage scale for competitive advantage. But technology and open platforms are easily on their way to make scale matter much less. As <a href="http://www.digitaltonto.com/2014/strategy-in-a-networked-world/" target="_blank" rel="noopener">this post </a> succinctly states,<em> connections weigh more than efficiency now</em>. So how can the organisation move towards connections?</p>
<p>My thought process on this was probably started in <a href="https://manuscrypts.com/2014/01/15/socials-second-chance/" target="_blank" rel="noopener">Social&#8217;s Second Chance</a>. Social tools and platforms have brought the brand into full contact with the user and have caused paradigm shifts in not just marketing but across the organisation. <a href="http://www.slideshare.net/gamages/fracking-the-social-web-2014" target="_blank" rel="noopener">This deck</a> makes an insightful point that <em>traditional marketing structures are dialectic in nature while social platforms are dialogic</em>. That explains why brands are using social mostly as media and trying to frack it, despite there<a href="https://medium.com/@faris/integrative-ideas-and-social-brands-27203f57c7a0" target="_blank" rel="noopener"> being better ways to approach it</a>, even in the context of marketing. <a href="http://think.storage.googleapis.com/docs/the-path-to-purpose_articles.pdf" target="_blank" rel="noopener">Experience &gt; exposure</a> is a lesson yet to be learnt.</p>
<p>Among other reasons, one of the big factors that are contributing to a resistance in truly embracing social in entirety is a fear &#8211; loss of control. <a href="http://designmind.frogdesign.com/blog/openness-or-how-do-you-design-for-the-loss-of-control.html-0" target="_blank" rel="noopener">This</a> is a great read on designing for the loss of control and my biggest takeout from it is where it quotes from &#8216;<a href="http://www.amazon.com/Power-Pull-Smartly-Things-Motion/dp/0465019358" target="_blank" rel="noopener">The Power of Pull</a>&#8216; &#8211; <em>“shaping strategies” on the individual, institutional, and societal level</em>.</p>
<p>I think there&#8217;s tremendous scope in rethinking the brand/organisation as a platform. In the bid for competitive advantage through scale and efficiency @ scale, it is possible that the organisation/brand has chosen to see value very myopically &#8211; as a transaction. What if the organisation transformed itself around connections &#8211; connecting employees to a sense of purpose, partners to the kind of work they&#8217;d want to associate with and its own narratives with that of the consumer&#8217;s? Of course there&#8217;d be transactions involved too, but how about engaging each in a way that understands and works with the unique value in every interaction within the context of a shared purpose?</p>
<p>(Arguable) I think efficiency lays more stress on methods, but engagement has the potential to focus on principles. Profitability at any cost vs value creation as a means to profitability. The choice might actually make the difference between survival and irrelevance.</p>
<p><img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-9598" alt="Emerson" src="https://manuscrypts.com/wp-content/uploads/2014/08/Emerson.jpg" width="600" height="350" /></p>
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		<title>That&#8217;s the plan for now</title>
		<link>https://www.manuprasad.com/2013/08/14/thats-the-plan-for-now/</link>
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		<dc:creator><![CDATA[manu prasad]]></dc:creator>
		<pubDate>Wed, 14 Aug 2013 04:57:16 +0000</pubDate>
				<category><![CDATA[Brand]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[#Planning]]></category>
		<category><![CDATA[attention]]></category>
		<category><![CDATA[brand planning]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Facebook Mobile]]></category>
		<category><![CDATA[FB Platform]]></category>
		<category><![CDATA[focus]]></category>
		<category><![CDATA[mass media]]></category>
		<category><![CDATA[Mitch Joel]]></category>
		<category><![CDATA[Paul Isakson]]></category>
		<category><![CDATA[scale]]></category>
		<category><![CDATA[value]]></category>
		<guid isPermaLink="false">https://manuscrypts.com/?p=8288</guid>

					<description><![CDATA[This &#8216;what could have been&#8217; post on FB Platform and the broader theme of &#8216;move fast, break things&#8217; made me think about planning &#8211; brand as well as business, how [&#8230;]]]></description>
										<content:encoded><![CDATA[<p style="text-align: justify;">This &#8216;what could have been&#8217; <a href="http://pandodaily.com/2013/07/23/move-fast-break-things-the-sad-story-of-platform-facebooks-gigantic-missed-opportunity/" target="_blank" rel="noopener noreferrer">post</a> on FB Platform and the broader theme of &#8216;move fast, break things&#8217; made me think about planning &#8211; brand as well as business, how technology is reshaping it, and the fine balance that is required to ensure business growth goes hand in hand with retaining the trust of the ecosystem.</p>
<p style="text-align: justify;">Brand planning has always been an interest area, and I&#8217;ve had the good fortune of knowing a few brilliant planners, and learning what I could from them. Still continue to. A simple search would throw up a number of planning frameworks, and many of the fundamentals would still hold.  However, technology is throwing open more options in terms of manifestation/output. I found some good perspectives in <a href="http://adage.com/article/digitalnext/cmo-s-indispensable-buddy-technologist/243094/" target="_blank" rel="noopener noreferrer">this article</a> which is about that CMOs can learn from technologists. The fundamental theme is dynamism. But such are the challenges that they remind me of <em>We are trapped in our inadequate mental models ~</em> John Edwarrd Huth (<a href="http://stoweboyd.com/post/56028709230/we-are-trapped-in-our-inadequate-mental-models" target="_blank" rel="noopener noreferrer">via</a>)</p>
<p style="text-align: justify;">I&#8217;d think that brand narratives are (also) shaped by the story telling devices at their disposal. As Mitch Joel points out <a href="http://www.twistimage.com/blog/archives/are-brands-confusing-advertising-with-marketing/" target="_blank" rel="noopener noreferrer">here</a>, the nuances of marketing vs advertising need to be understood as brands struggle to transition from the mass advertising era. One-way media allowed a linear flow, but current platforms demand flexibility, and customised rendition across contexts and platforms. If consumers are the new media, the stories should be ones that they can identify with, fit into their personal narratives, and therefore inclined to share.</p>
<p style="text-align: justify;">Many of the familiar narrative devices have focused on getting attention, but that is increasingly difficult. It&#8217;s not that &#8216;awareness&#8217; can be ignored, but not only is it not enough, but attention for the sake of itself cannot work. I really liked <a href="http://paulisakson.typepad.com/planning/2013/07/adding-value-getting-attention.html?" target="_blank" rel="noopener noreferrer">this post</a> (again by Paul Isakson) where he encapsulates the thought in the title itself <em>Adding Value &gt; Getting Attention</em>. The &gt; works not just as &#8216;greater than&#8217; but also as &#8216;leads to&#8217;. Or, in other words, <a href="http://blogs.hbr.org/cs/2013/07/be_the_company_customers_cant.html" target="_blank" rel="noopener noreferrer">Be the Company Customers can&#8217;t Live Without</a>.</p>
<p style="text-align: justify;">In a highly fragmented media and consumption scenario, how does a brand/business know what to focus on and when to shift from it?A wonderful blog I have discovered recently is that of Paul Isakson. This <a href="http://paulisakson.typepad.com/planning/2013/07/getting-into-the-particulars.html" target="_blank" rel="noopener noreferrer">post</a>, for instance, throws light on the need for the brand to stay true to its own story, and therefore focus on specific audiences. <a href="http://paulisakson.typepad.com/planning/2013/07/learning-from-george-orwell-and-mad-men.html?" target="_blank" rel="noopener noreferrer">Another</a> of my favourite posts focuses on something that I have always believed in and liked &#8211; the back story, and its relevance for brands. <em>What we are today comes from our thoughts of yesterday, and our present thoughts build our life of tomorrow ~ </em>Buddha</p>
<p style="text-align: justify;">To get there involves a cultural change, and <a href="http://sethgodin.typepad.com/seths_blog/2013/07/change-the-culture-change-the-world.html" target="_blank" rel="noopener noreferrer">tectonic shifts</a>. I also think that this will force brands to think about scale. In a mass media world, a brand could get &#8216;reach&#8217; by throwing money. That can still be done, even on social platforms, but when attention is not the only thing that matters, the challenge is to build relevancy and scale it &#8211; across time. That requires new planning frameworks, and possibly means a</p>
<p style="text-align: justify;"><img decoding="async" class="alignnone  wp-image-8333" alt="permanent_state" src="https://manuscrypts.com/wp-content/uploads/2013/08/permanent_state.gif" width="596" height="468" /></p>
<p style="text-align: justify;"><a href="http://us1.campaign-archive1.com/?u=028de8672d5f9a229f15e9edf&amp;id=5103a6c4f5&amp;e=d74811b520" target="_blank" rel="noopener noreferrer"><em>(via)</em></a></p>
<p style="text-align: justify;">We started with FB, so let&#8217;s go full circle. Even as late as last year, there was massive skepticism around Facebook&#8217;s ability to adapt and thrive in the mobile space. In the last earnings call, they <a href="http://mashable.com/2013/07/31/facebook-returns-ipo-price/" target="_blank" rel="noopener noreferrer">reported</a> that mobile had contributed 41% to revenue. (<a href="http://venturebeat.com/2013/07/30/how-facebook-went-from-sucking-at-mobile-to-killing-in-mobile-in-12-short-months/" target="_blank" rel="noopener noreferrer">read</a>) It would seem that Facebook knew its story, what to focus on,  and stuck to it.</p>
<p style="text-align: justify;">until next time, refresh</p>
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		<title>Jump with a crowd</title>
		<link>https://www.manuprasad.com/2010/08/26/jump-with-a-crowd/</link>
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		<dc:creator><![CDATA[manu prasad]]></dc:creator>
		<pubDate>Thu, 26 Aug 2010 04:33:02 +0000</pubDate>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Brand]]></category>
		<category><![CDATA[Digital]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[crowdsourcing]]></category>
		<category><![CDATA[jumping the shark]]></category>
		<category><![CDATA[seth godin]]></category>
		<category><![CDATA[social media marketing]]></category>
		<category><![CDATA[tom fishburne]]></category>
		<category><![CDATA[value]]></category>
		<guid isPermaLink="false">http://www.manuprasad.com/blog/?p=3646</guid>

					<description><![CDATA[&#8216;Jumping the shark&#8217; is a phrase that has been jumping on to my face regularly, but something that got lost in the rigours of speed reading and processing. Thanks [&#8230;]]]></description>
										<content:encoded><![CDATA[<p style="text-align: justify;">&#8216;Jumping the shark&#8217; is a phrase that has been jumping on to my face regularly, but something that got lost in the rigours of speed reading and processing. Thanks to <a href="http://www.tomfishburne.com/tomfishburne/2010/08/jumping-the-shark.html?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed:+TomFishburne+%28Tom+Fishburne%29" target="_blank" rel="noopener">Tom Fishburne&#8217;s excellent post </a>on the subject in the context of brands, products and organisations, I got to think about it a little more.<em> </em>The quick definition would be (from the post), &#8220;the moment of downturn for a previously successful enterprise.&#8221; The problem with it? &#8220;The risk of jumping the shark isn&#8217;t getting eaten by the shark. It&#8217;s leaving your loyalists behind.&#8221;</p>
<p style="text-align: justify;">I thought about it a bit, not in the context of brands or businesses, but more in terms of brand communication as a field, advertising specifically, and brands&#8217; usage of the social web. Consumption patterns, media platforms available etc had pretty much created templates for creative agencies over a period of time. But the arrival of the web, social platforms and the democratization of media have managed to disrupt the ways of the one-way communication age. This <a href="http://adage.com/smallagency/post?article_id=145454" target="_blank" rel="noopener">post is a good one</a> to read in that context, and talks about the change digital has made to campaigns, and the &#8216;role of the consumer&#8217;. But desperation, hype and the eagerness to get on board makes everyone concerned &#8216;jump the shark&#8217;. And unfortunately, the way I&#8217;ve seen many agencies and clients execute it (purely as a consumer), I&#8217;m quite inclined to agree with the author of this hilarious letter. (via <a href="http://www.psfk.com/2010/08/an-open-letter-to-all-of-advertising-and-marketing.html" target="_blank" rel="noopener">PSFK</a>)</p>
<p style="text-align: justify;"><a href="https://manuscrypts.com/wp-content/uploads/2010/08/Clipboard01.jpg" target="_blank" rel="noopener"><img decoding="async" class="alignnone size-medium wp-image-3662" title="Clipboard01" src="https://manuscrypts.com/wp-content/uploads/2010/08/Clipboard01-221x300.jpg" alt="Clipboard01" width="221" height="300" /></a></p>
<p style="text-align: justify;">(click to enlarge)</p>
<p style="text-align: justify;">The job of the brand manager/creative agency is obviously a more difficult one now, and is made even more so thanks to the approach &#8211; of tool strategy. Like this (old but) <a href="http://www.guardian.co.uk/technology/2010/jan/05/social-media-cory-doctorow" target="_blank" rel="noopener">excellent post</a> states, &#8216;the technology that underpins social media is changing fast&#8217;, but its ephemerality &#8216;is a feature, not a bug&#8217;. It made me wonder whether brand communication/advertising, as a process (the way we see it now) had &#8216;jumped the shark&#8217;, mostly because the thinking process still sees  social platforms in the same light as traditional media and has not changed to be in tune with the former&#8217;s dynamics. In other words <a href="http://blogs.forrester.com/augie_ray/10-08-24-do_you_want_succeed_social_media_or_social_media_marketing?utm_medium=Argyle%20Social&amp;utm_source=twitter&amp;utm_campaign=sme-share&amp;utm_content=http=//blogs.forrester.com/augie_ray/10-08-24-do_you_want_succeed_social_media_or_social_media_marketing" target="_blank" rel="noopener">mistaking social media marketing for social media</a>.</p>
<p style="text-align: justify;">Maybe they have to dig deeper, figure out <a href="http://www.twistimage.com/blog/archives/people-pay-for-value---their-value-not-yours/" target="_blank" rel="noopener">the value that people are willing to pay for</a>, and then find their &#8216;<a href="http://gapingvoid.com/2010/08/15/oi/" target="_blank" rel="noopener">purpose idea + social object</a>&#8216;, and consistently. But that would mean a sea change in the way brands and creative agencies operate. Is adaption possible, or is complete disruption inevitable?</p>
<p style="text-align: justify;">I juxtaposed this thought with something that Seth Godin wrote recently, about the &#8216;<a href="http://sethgodin.typepad.com/seths_blog/2010/08/how-big-is-your-red-zone.html" target="_blank" rel="noopener">red zone</a>&#8216;   &#8211; the joyless part of the learning curve. His graph also has a green   dot, which represents &#8216;someone on the other side.. rooting us on, or   telling us stories of how great it is on the other side&#8217;. Perhaps if   brands can find from the existing consumer crowd a few who  believe   enough to play the &#8216;green dots&#8217;, they can adopt a more holistic approach to social platforms and carry the loyalists without it seeming like &#8216;jumping the shark&#8217;?</p>
<p style="text-align: justify;">until next time, safe jumping.</p>
<p style="text-align: justify;">
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