Damn The Process, Its The Company’s Fault

November 26th, 2011 § 0 comments § permalink

This is one post which I have been forced to write. Not by someone, but my own personal experience(S). I have this habit of spending my ‘driving time’ (when I am driving back from work) quietly, to think about what I did the whole day and how have things evolved in life. I try and re-inforce the learning’s from mistakes committed and look at new directions.

Though I don’t really have decades of experience, but in whatever I do, I have seen a particular trait in the Indian worker. We fail at implementing processes. There is a lot of technology as well out there, but somehow we fail at adapting it as well. Interestingly I have always worked in smaller set-ups in my life, which has always helped me to be critically involved in either setting up something and scaling it up OR evolving an existing set-up by challenging the usual ways of doing things.

Processes and Execution

When you work in smaller set-ups what you are able to critically learn are processes. I have mostly seen the Indian worker being a little off the mark when it comes to setting result oriented processes. Especially when it comes to setting a process from the scratch and building a system of result oriented numbers around the same, which enables the process handler to understand the success of the process and better the same if required.

The approach I follow

Almost everytime, I have faced the challenge of doing something new, I have always stepped back and looked at the situation/ task in hand from the ‘customer’s point of view, as to what does the customer really want and then assess, if the delivered value is the same.

Once set, I generally break down the objective into smaller steps and do a match the steps with the customer needs/ requirements. At each step, I create a forcible intervention with statistics around. This essentially is to ensure that if the process has a leakage/ break-down somewhere, the numbers will suggest the same and it can be improved.

The Planner and the Doer

But its not simply about setting the process. Its also about how simple can you make it for other team members (who will be working with you to action the whole thing). I am certainly not trying to make things robotic here, which restricts innovation and free thinking by the people involved. What I am suggesting is, to set easily executable strong processes, backed by numbers at every critical stage. At times these numbers have to in the form of forcible interventions, which give you critical data to suggest what works and what does not.

Why this post now?

Well, in my current role, I am working on something which obviously excites me. The way I am approaching it is simple, to understand the customer first, to understand their requirements and expectations. Then I am excavating deep knowledge from the right people within my organisation. This is essentially a forcible intervention which has been created with some initial statistics around. The next step is to create smaller executable steps for the members of the team who should not find it difficult to work it all out. While all this is happening, there obviously is a bigger vision around the entire activity.

A part of this post has also been inspired by the need of the young entrepreneur. There are several young folks who approach our organisation to look for mentoring. What I critically see missing in them is a process oriented approach which can provide critical data overtime enabling stronger and more focused, decision making.

If you are a start-up and need strategic help in processes and execution, drop me a mail:

paritosh@tienewdelhi.org

The TiE Delhi – NCR team and powerful team of mentors (top industry pros) will surely be guiding help!!

Exclusive facebook India User Statistics by SocialBakers

November 25th, 2011 § 0 comments § permalink

I am excited to announce a partnership with SocialBakers, one of world’s biggest social media statistics portal. Sometime back, while SocialBakers was looking to partner with leading bloggers and publishers in various parts of the world, www.paritoshsharma.com was quick to partner with them, under the category New Media and Marketing. The blog is officially listed under the blogger partner section of SocialBakers.

As part of the partnership, www.paritoshsharma.com will be presenting interesting social media statistics from India as a geography. The first in the series is the graphic below which gives some pretty interesting figures on facebook users in India and the brands which are making waves.

Its interesting to note that Reliance Mutual Fund has been the highest on Response Rate. Being a fund house in such volatile market conditions, talking to their customers on fb is sure an interesting deal.

www.paritoshsharma.com and SocialBakers will keep coming up with more exciting statistics which will sure give you exciting insights into what’s happening in the social media domain in India. Keep plugged!!

Challenge For Every Marketer! Market A TV Soap Called: Chulbulay Bulbule

November 18th, 2011 § 0 comments § permalink

Ol Rite, ladies and gentlemen, I have an interesting challenge for all you marketing guru’s out there. There is a new TV soap coming on BIG Magic called, Chulbulay Bulbule.

Okay, so what’s the big deal in a TV soap?

There aint a big deal here, but how do you market this ‘another in line’ comedy soap so well, that the audience get engaged and never again forget the name. How do you create a solid brand recall to the name, while keeping the marketing budget low? How do you innovate?

Lets get the marketing folks running their brains now!

So this is where it all begins. Marketing folks on the design table, understanding the TG from the client. Rattling their creative brains, they get together to design a powerful campaign. They advise the client on how to optimally choose marketing spends across print, digital, TV etc. Numbers will be shared and the campaigns will keep coming.

But there’s something still missing: Listen Hard!

Listening skills are great if you have them as a strong point. If you can strongly listen to someone and filter the information and structure it your way, it becomes far more easier and effective to create powerfully engaging propositions.

In the name of the soap above, it’s ChulBulay Bulbulay, the 2 words ‘heard’ mutually exclusively have an interesting product being spoken about which is also an engaging experience to make and anyone can make it actually: bulbulay! Yes, you ‘heard’ me right. Its bulbulay! BulBulay for the English folks are small water bubbles.

The most common of these can be seen each night at the India Gate Lawns.

User Behavior and Engagement

To make a bulbula, you have to pick up that soap filled water and blow a stream of air from your mouth on the plastic holder, which makes water bubbles light enough to float in the air, which you then love to burst!!

Open the IMPACT magazine and you will find something interesting this time!

The IMPACT magazine, printed by the exchange4media group in India, comes with one such plastic tube with soap water inside which upon opening simply gives you the instructions to make water bubbles. The plastic tube is obviously branded with the name of the program to be aired soon.

Interestingly wen you open the magazine, you notice this insert and you open the tube to make bubbles. This is simply such an amazingly engaging activity, which gives you instant results which you love seeing. In this too very complex world of advertising and marketing, a simple proposition which the customer engages with himself/ herself is fantastic.

High recall and stickiness with fantastic engagement in a highly usable manner!

The usability of the water bubble tube is so high that anyone can do it and hence the proposition reaches out from the magazine reader (professional) to his family (wife, kids). They as much engage or even more, with the proposition. Its a good learning from this exercise which effectively makes the marketing campaign absolutely simple and highly engaging. The simplicity and ease of understanding is another.

Social Is Dumb, Cmon Wake Up!

November 16th, 2011 § 1 comment § permalink

All right. So the word is out and I have to start this post with a clear thought that if you are proud of being an “Active on Social Media” business, then you are being plain simple dumb!

Don’t make any assumptions about what’s next in this post after reading those words above. I have been hearing so much of the word “social” lately, that I feel the buzzword is nearing its exhaustion in the usage of the context. Businesses are just lining up to be social. I have seen so many companies who are “wanting to be social” int he recent times, that I strongly feel, they don’t even have their basic customer understanding and service right.

What I want to clearly deliver to businesses is, that being social is not about something drastically different! Its just another extension of being there. The ultimate goal of the business is to serve the customer is the best possible manner and being social won’t replace this.

Set it In Your Culture!

Being social is not simply a marketing function. Its the mindset, I strongly believe. Its one thing having a great facebook fan page, a great looking YouTube channel with many hundreds of views, but its a whole different game to have “engaged audience”, for the same. In my view its a simple black is black and white is white proposition. If you understand your customer bloody well and are serving them in the manner they expect from you, well, then, being social will automatically fetch you engaged and active fans. You will not have to pump in those many hundreds of marketing dollars and then start a cycle of engaging your fans to make them from mere listeners to active contributors.

Are You Sure You Understand and Know Your Customer Bloody Well?

Most of the companies that I work with, while creating their social media strategies, my first thought simply is to understand the audience. And NO, I DON’T look at the audience from the mindset of a salesman. I clearly and simply look at understanding, who is the influencer, who is the decision maker, who is the ultimate consumer and what all do they expect from the business!

To me its simple, if you have not been able to create a satisfied and engaged customer, someone who listens to when you communicate, well, you will always keep fighting for engaged fans on social media as well.

So many businesses today are leveraging the digital medium to present a proposition, what they are missing is a very critical and powerful point. Everyone online today has the power and freedom to express by creating content and hence if you promise something and don’t stand upto the experience, well, you will one day be written about and that day aint too far!

Connect With the Core Human Motivation to Do Things!

My personal view is that social is no different from the usual way of connecting with your customer. For a while just think of a world which was a few decades back. When businesses used to communicate and reach out to customers in a ‘now rudimentary’ format of physical letters etc. the call to action was simply based on exploring the customer motivation and delivering the same as an incentive.

Going social though has made companies lose out on the understanding the customer’s basic motivation bit. Most businesses outsource the social part to agencies who again are working with limited manpower, with more constrained knowledge of the still nascent digital media. And these agencies well, many customers can share their personal experiences!

For God’s Sake Campaigns Won’t Fetch You Actively Engaged Fans!

I must speak it out loud, marketing folks please understand, if your objective is to create a buzz, great campaigns work. Yes they do. If its about creating actively engaged fans, well, a short-lived, time constrained campaign might not be the right approach. You might be successful in acquiring a fan through a campaign, but will that fan be actively engaging in future. I have serious doubts and have examples to share from my own experience.

Understand Your Customer, Do the Basic Right and You Will Win!

All you need to do to win the social world as well is to do the basic right. Ensure that you are reaching out to your customers and creating active touch-points with him/ her, which enable you to collect critical data about the customer. His/ Her preferences, Likes/ Dislikes/ Motivations etc. Once you have this existing, you will be able to develop a far stronger strategy to reach out to the set of people online who would have the highest probability of converting for you as an actively engaged fan.

Remember, A Real Smile is Anyday Better Than a Smiley!!

As I always say, a real smiley is always far more effective than a digital one. Create powerfully engaging and NOT SELLING touch-points with your customers in the ‘real’ offline world. Once your customer comes in your communication and listening range, then create the motivational pulls online!

Indra Nooyi’s 5 points to deal with Uncertainty @ AdAsia 2011: Video by Exchange4Media

November 6th, 2011 § 0 comments § permalink

AdAsia was sure an interesting event, one which I missed. Interestingly I got to know that exchange4media got it all covered on Video. I found this valedictory keynote by Indira Nooyi, Chief, PepsiCo, worth a share. Hear Indira talk about Leadership and Governance and how it went missing and what’s the road ahead!

INR 22 + User Behavior + Noida DND Flyway = More Revenue and Less Operational Costs

November 5th, 2011 § 0 comments § permalink

This one’s going to be interesting. Just a couple of days back, the Noida DND Flyway, which is one of the fastest ways to commute between Delhi and Noida, announced a toll hike of INR 2 for four wheelers, which in figures is INR 22 from INR 20 previously and INR 1 for two wheelers.

Now this is not the first ever toll hike in recent years, but what is interesting about this hike is the purpose with which it has been done. For people who are new to the entire thing, let me give a little introduction on the numbers:

According to a news report by the Times of India, in February 2011, almost 1 lakh vehicles use the DND Flyway daily. I am myself a daily user of the DND Flyway and I see a fairly large number of four wheelers using the DND Flyway on a daily basis.

I asked this question (why did DND Flyway increase the toll) to many people before this blog and almost everyone responded with an obvious answer, to increase their revenue. Now that’s obvious.

User Behavior and Revenue – penny saved is a penny earned

Lets look at the picture from a user behavior perspective! If you are using the toll plaza, you obviously are wanting to save on time and that’s why you are ready to invest money into crossing the toll, otherwise you are always free to use the kalindi kunj, Yamuna flyover, which is generally jammed during rush hours. Having INR 2 in your pocket each time you pass the toll plaza will sooner than later, become a frustrating activity. You cannot always keep looking for change and hence spend more time doing what you were initially doing to save time for.

Chances are, you will one day reach out and get yourself a silver/ gold card made, which will make your commute far simpler and easier. The cards will do couple of things:

  • Ensure that the Toll plaza confirm revenue at the first level of transaction itself
  • Reduce ground staff in terms of the actual toll management personnel and invest into better resources probably
  • Get correct data figures which help in strategic decision making

All of this, by simply playing with the user behavior. This is an interesting case which pretty much reflects, how powerful can real customer understanding can be. If you understand your customer amazingly well, you will always be able to visit and re-visit and engage your customer just the right way.

User behavior understanding and knowledge of the customer has led to making of brands like Apple and the amazing products that people take pride in owning today. Get the lesson straight, its about your customer and how well you know him/ her, so get this piece right and you will be on your way to a great business!

Day 1 at Indian F1 at Buddh Internatinoal Circuit

October 29th, 2011 § 0 comments § permalink

India is an emerging economy, yes sure it is. You doubt? And now India goes International with the first ever F1 hosted at the Buddh International Circuit. I was there yesterday which was the first practice session and well, this is one experience which can’t be described in words and hence here’s the video!

facebook Brand Pages and Word of Mouth

October 7th, 2011 § 1 comment § permalink

Social networking has been around since sometime now. There’s much content around. There’s a lot of sharing, caring, love and what not. What was missing still, as I said it before, was the real understanding of the ‘Human Behavior’ by the social network. I am not referring to the real Artificial Intelligence, that might also happen one day, but social networking has a real face to it. Its more human really than technology.

Interestingly facebook, recently did couple of interesting changes in the UI and especially how they are evolving their brand pages. The entire concept of brand pages is essentially to provide an online space for brands to reach out and engage its target audience OR as I believe, targeting is the second level, first its about attracting just the available audience.

Look below your fan page likes

Recently facebook added something interesting below your fan page likes ‘number’. They added something called the People Talking About! This number essentially represents the number of people who are talking about your brand (mentioning you in comments, liking updates) etc. in a week. As an obviously logical extension to the thought, the more the number of people talking, the more is your brand reaching out to the relevant target audience.

Word of mouth

Now don’t feel as if I am traversing to a whole new topic. Interestingly what I feel is, there is a lot that facebook is doing to model the real world online. I find this very interesting. For me, since I have known social networks, I have always said, a successful social network is the one, which can understand the human behavior well and model it. And facebook is doing just that.

The number of people discussing your brand on facebook, is now visible to you, which is pretty much like the word of mouth which is one of the strongest ways of brand marketing in the real ‘offline’ world.

Social Network and the Human Behavior

I strongly believe, the future of social networking and hence the success of a global super social network really will revolve around the fact as to how well would the network understand the basic human nature and behavior and then model the various products and services around the same.

Make the platform effortless to engage with.

Statistics will always matter to businesses and Insights always help

One of the strongest advances which facebook has made in the last few days are to strengthen their “page” insights. Any brand which can intelligently gather data points and make worthwhile inferences from them, can leverage the free insights to better their understanding of the customer they are engaging with, online.

These are interesting times and such small yet powerful productized services from social networking platforms will surely change the game for everyone around.

The Future Never Dies, at 56 It Just Begins

October 6th, 2011 § 2 comments § permalink

A life well worth living is the one, when the world stands up and remembers you when you are not really around in your physical essence. I dedicate this post to Steve Jobs, as we all knew him. The greatest innovator, who saw the iPhone, before the world cold say multi touch. Who knew his customers, he knew the nerve and he did create a dent in the universe.

I have always been a services guy in my career, but my fascination for products, to be precise, productized services, really began with Steve’s presentations. You are a hero Steve and you will always be. May God Bless you with all happiness, rest and peace and more innovations in heaven’s above :)

Glad to have lived my lifetime knowing you Steve.

TiEcon Delhi and Superman – What I Learnt!

October 4th, 2011 § 1 comment § permalink

I am pretty excited about this post, writing this, after completing India’s Largest Entrepreneurial Event, TiEcon Delhi 2011 just the last night. It was one helluva of an effort. Not herculian, but nothing less. I must thank each and everyone who put in sleepless nights and endless days. Also appreciation for each one of you who saw value, registered for the event and came in with all the excitement. There sure was entrepreneurial energy all around.

After a successful event in many ways, I am sharing my learning’s and experiences which I believe are crucial for any entrepreneur in every stage of the business.

Pre-TiEcon. Especially for someone like me who has been in the Internet space, getting into the ‘doing a mega event’ mode was new. But that’s the fun. Learning something new every day of life.

Planning with a clear direction is critical

It was all about planning and planning with details while keeping the key objective in mind all the time. Losing focus was never in question. When you are sitting with some interesting industry leaders who have defined success in their domains, to plan out an event, well, you seldom can afford to lose focus. The entire TiE team was involved in the process and so the shape emerged of TiEcon Delhi 2011 – Entrepreneurship – Transforming India.

Let me tell you this, once the title was set, never again was a moment when anyone diverted form it. From planning sessions to approaching speakers, the broad vision for the event was always in mind.

Execution is the key: before that comes Ownership

Everyone says execution is the key. But ownership is everything. Everyone in the initial TiEcon steering committee took charge of a role, which added value to the event overall. And yes collectively everyone delivered. There always were challenges in terms of schedules, times and the rest, but when the leadership is focused it all came together.

And let me emphasize on the leadership bit. TiE Delhi – NCR has Geetika Dayal, leading the charge and she ensured at all times that everything is put in perspective and the focus does not gets lost. The ownership was defined and was evaluated at all times.

Lesson #2 hence is that there has to be ownership across the board, but there must be a strongly defined leadership which puts everything in place and ensures that focus is never lost. Hence the overall ownership always must be maintained.

Plan A might change when you least expect it: you must have a plan B, C, D

The plans you make WILL change. They will. Period. At TiEcon, speakers plans changed, we had to make last minute changes, but again there always were strong networks placed before, to ensure that if we are faced with a contingency, we do deliver. Hence planning for a situation before it occurs is always the right thing. You always must have back-up plans which will deliver.

When you have to reach on time, you will get traffic jams: you must know alternate ways to still reach on time

A night before TiEcon, the entire TiE Delhi – NCR team was at office and we were to leave for the Taj and just then, as a sudden change in plans, I had to leave to the printer’s office to get some stuff picked up. I also had to pick up my stuff from home and then reach Taj in all of 1.5 hours flat. I sat quietly for a few minutes and marked my way.

Though when I reached near Apollo, Sarita Vihar, the route which I had to take to reach to the printer’s office was jammed and this is at 11:15 in the night. Now since I knew of the situation beforehand, a quick decision had to be made. I had 2 choices: either to call up office and ask someone to pick up the stuff OR I find another way out.

These are moments when Google maps don’t work and only what you know of the area, works. I remembered, many years back my school bus used to take us from behind the Kalindi Kunj area, through Jamia University and suddenly struck a whole new way. And wallah, I was at the printer’s office in about 20 minutes.

Keep everyone informed, that’s what technology is meant for: this will enhance your decision making

While all of this was happening, me and the entire team was constantly on call and we knew exactly where who was and what who was doing, such that if someone had to pitch in with extra support, we could. And we did.

Let the master play the game, be a support system to him, that helps, don’t try and be everything

Nitin, from the TiE Delhi – NCR team is a logistics champion and we all say that with all the confidence. We ensured that while he is setting up the stalls, registration profiles etc. at 4:30 AM, we were there to help in quick decision making.

Right before that, I was quickly roped in by Manish to ensure that we ‘sex up’ the session presentations a bit, which were a little bland before. Since I can quickly work on content, change designs around, I spent about 2 hours in a quiet Taj room and got the work done, while knowing that Manish, Digbijoy and Shivam are taking care of the badges downstairs.

Teamwork: you must know the nerves

Since each one of us knew exactly, what the other was working on, we knew what was happening and what needed urgent attention. The team had full confidence in each other and the ownership was un-questionable.

Teams are not just you, they are many like you and you have to ensure you engage them enough. Talking of the team, obviously a small TiE Delhi – NCR team could not have pulled off such a large event by themselves. We were happy to have some real action oriented college students and professionals who volunteered with us and Shivam from our team took the charge of directing them the right way and yes we got much support :) .

Shivam incidentally has joined TiE a few months back and did a great job of getting the younger chaps together to deliver what was intended.

Its important to take feedback and act quickly, you must know just the right buttons to hit, when time is critical

One of our key networking features of TiEcon was: TiE Connect, which many people used, but not all could use it the right way. Couple of delegates approached me and the team, to help them find people who connected with them to set meetings. Some of them we were able to get together by quickly working out the TiE database and thanks to Goutam from TiE team, 2 of our delegates were much thankful to the quick TiE team, which helped them meet an interesting investor.

When it pains, it pains, its a part of what you set out to achieve!

I remember my colleague, Manish’s words, ‘this Taj bed is so soft that I feel as if, I am drowning in it’ and its not a joke. With your heels paining badly, when you are utter tired after much work, a 5 minute of a rest on a comfortable cushion feels as if the cushion is calling you in its arms.

The TiE team went on working through-out the 2 days, while ensuring that we were present at every corner of the space where people needed us.

People support you, if you are there for them!

At several events before, I have heard that delegates don’t appreciate if their badges are not in order etc. well, this happens in every large format event, hic-ups are a part of life, aint’ they, but the lesson learnt by being at the registration desk almost throughout all major moments during the 2 days was, if you are polite in your way of handling the query and get results fast, the delegate won’t mind co-operating along, while you create other opportunities for him.

I remember a statement by Aditya Ghosh of Indigo Airlines here: we studied our customers and learnt that the customer might want to talk of the skirt length of the air hostess, but what he finally pays for is the comfort, safety, service and on-time performance.

The TiE team went ahead and provided just that, starting from registration desk to the respective halls where the sessions were on and it all went smooth!

Innovation and keeping the Cost Low is the key!

Just a few days back Jeff from Amazon said some very exciting words about how to innovate while creating world class products and still keeping the costs low. TiE Delhi – NCR did something very exciting which created much value for the delegates. We leveraged the power of social networking (especially fb and twitter) to announce special bidding rounds every-day, which helped us create buzz in the environment and helped many entrepreneurs and young start-ups who were finding it hard to pay the required amount for attending TiEcon Delhi 2011, get the passes at a far lesser cost.

It helped us market by reducing our cost and pass on the benefit to the entrepreneurial community, for which we are passionately committed.

You must know your customer, Period.

You must know your customer. Paridhi, Digbijoy and Amit from the TiE team collated all available information about the delegates. This really helped the whole team ensure that we provide as much as possible, a WOW experience to everyone on the spot.

But where does the Superman in the title go?

Well, it was about being Supermen when it mattered the most. The moment was captured and handled well and ON TIME. Yes there sure were small hic-ups, but yes we learnt and the fantastic feedback we are getting from all quarters of the ecosystem is great!

Look forward to seeing you all more actively engaged while creating many new opportunities.

If you wish to know more about TiE Delhi and be a partner in growth, visit the website and call us at : 0120 – 4066500