Friday, November 22, 2013

Facts about Shivaji Maharaj




Following are some of the features of Shivaji Maharaj - Swarajya an insight by Mr. Vinod Mestry
  • Shivaji Maharaj started Swarajya with only 1200 soldiers, by the time of his death in 1680 he had an army of 2,50,000
  • Shivaji Maharaj was earning a salary of 36,000 bals PA, by the time of his death he was earning 4,00,00,000 cr PA
  • 360+ forts owned by Shivaji Maharaj, China wall took 150 yrs & Shivaji Maharaj constructed maximum forts in his 27 years of career. If all the forts stand in a line then it would form a line of 4000km
  • Shivaji Maharaj was the first king to form a formal Army
  • Shivaji Maharaj - Swarajya first initiated the concept of Pension schemes for retired army personnel.
  • Also, Swarajya initiated the concept of Mediclaim for injured soldiers.
  • 0% Loans for agricultural betterment was started by Shivaji Maharaj

Monday, July 15, 2013

Global Health Economics - A talk by Manish Tiwari, at Dimension

The speaker choose to focus on the below three main topics
  • Global health economics of country 
  • Organisation health 
  • Personal Health Global economics 
Global health economics of country - In the 21st century the European market after the great recession, will emerge one of the top tourist destination. The European market will evolve to become one of the leading tourist destinations where most people will visit. Similarly the market leader in manufacturing is China with largest manufacturing capabilities. But in next 20 to 30 years China will go down since it had earlier taken the decision of one child policy. The average age of Chinese will be around 40 years which will effect its growth. With the growth in Chinese manufacturing sector, it has helped the growth of Brazil economy as it is Brazil is one of the biggest supplier of raw materials required for manufacturing. USA which is the world's largest country with the biggest economy and leads the world will have average age of around 45 in next 20 years as most of the youth has been living life on credit cards and ain't going to any top league colleges.

India while on the other hand is an economy which the world over refers is growing andnot because of politicans it is growing on it is own 'growing because of Gods'. Last year Manoj Vohra, chief economist, Economist Intelligence Unit, India, quote, 'Indian economy is like a drunkenman, taking two steps ahead and coming back one step'. With the opening of economy in India, most of the Indian companies are facing competition from cheap chinese, high end european products. With this most of the Indian companies are now targeting Africa as it is one continent which is evolving and the markets are unexplored.

Organisation Health - Organisation health is the present status of the organisation. This health depends on three points Agressively Grow, Ruthlessely Prune - Any organisation growth depends on four key aspects

Markets:
  1. What is the present market? 
  2. Where is it?
  3. If the current market is Mumbai then are we planning to expand to Pune?
  4. How is the market evolving and what changes are happening in it?
  5. Products: Are we launching new products? 
  6. What are the new developments happening in the current market?
  7. What are the new products launched?
  8. what is the response?
Clients:
  1. What types of clients we have?
  2. What type of clients we are looking for? 
  3. Are they high end? 
  4. Which sector they are presenting? 
We need to answer these questions to understand how are we going to grow.

People:
  1. Have to hire good people suitable for the job, 
  2. Have to groom them to the expected level, 
  3. So they perform for the organisation's growth. 

Product + Management + Margin = Cost of the product


The company needs to understand direct and indirect cost the company incurrs, which helps to reach at the right cost. When circumstances go down, then you cut resources, so a stitch in time saves the nine, else when difficult situations arrive, we have to start cutting down on resources. It is always beneficial to focus on resources of the company and whenever required cut down the irrelevant resources. In the future most of the businesses will collaborate  they will be working in collaborative environment rather than competitive environment.

Most important advice for R & D:
  1. What which is difficult toconcensive which will change dynamics of the industry?
  2. In case two companies are doing JV or one company is taking over the other one, the most recognising brand should be retained.
Individual Health : Two tests to be done in every six months
  • Homocirtien test: This should below as if this is low it will keep cholestrol low. Incase high then have vitamin B12. To reduce homocirtien is less costly but when it increases it leads to release in cholestrol and this treatment is costly.
  • Fasting Insulin serum: This should be low, may be around 1 - 2 lower the better, in case more than 25 then go for diet. Low GI diet

Monday, May 31, 2010

Branding of a Maternity Hospital



A maternity hospital as the word defines is a place that provides care for women during pregnancy and childbirth and for newborn infants. Maternity hospitals are usually run & managed by gynecologists.
A lady mostly consults when she first takes pregnancy urine test and it shows a positive result. The lady usually meets her gynecologist after a period of 30 days or less depending on the criticality of the pregnancy.
These nine months can be an important branding exercise for a brand manager of a pharma company or companies marketing products for children between one to two years.
Let’s analyze, how a brand manager can translate this opportunity.
  • The number of visits of the pregnant lady 12 and waiting time 15 min, which a/c's to 180 minutes to focused viewer ship for any brand. Most often the lady is accompanied by her husband of a relative, so double the viewer ship.
o These companies can distribute reading material, with co-branding
o A TV screen can be displayed in the waiting room, and visual education material can be shown, like yoga exercises during pregnancy, diet to be followed, interview of the gynecologist, etc
  • Maternity hospitals are usually branded on the lines of hospital, but most fail to understand that the lady is not suffering from any diseases, its just a new phase in there life, her transformation to motherhood. So the hospital set-up should change. The lady should feel at home, decorate it as a place where she is feels more at home
  • Give or suggest books to read, coz their are many things she wont know. The companies targeting would be mothers should publish informative books for these ladies.
  • Suggest some instrumental music she should hear which will help in the development of the foetus. There are studies to indicate that you can teach you child in the womb itself.
  • The first consultation is first impression; give her accessories with the maternity home branding e.g. "Admit me to Ankur hospital in case of emergency". This will be a good branding initiative for the maternity home. The accessories can be t-shirts, teddy bears, etc.
  • Conduct pregnancy classes for would be mothers as they are going through lot of changes like psychological, hormonal, diet, etc. These classes can address their queries and also teach them yoga & exercises, which are very important. Though we will find maternity hospitals in each and every corner, but hardly any gynecologist is interested to run such classes.
  • Post delivery have the room decorated with balloons, this will create a moment of joy, so she will forget the pain of delivery. Also a lot of relatives visit the family after delivery, have a small flower boutique next to the hospital as they can buy flowers for the lady.
  • Post delivery the clothes of mother and child, should be branded on the lines of the maternity home colours and logo. This will have a good brand recall.
These are some of the branding exercises which can be undertaken by a maternity home, one example which I can think of is about Cradle in Bangalore.
If Branding and PR strategy is done properly the maternity home will reap huge benefits.



Sunday, March 7, 2010

Why should doctors market themselves?


This is what we say most often as they get references through word-of-mouth publicity.

But only doctor understands the reason behind it. After completing specializing most of the doctors attach themselves to various different hospitals as consultants and start their own clinic. The doctors believe this is the only route they can reach out to patients and market themselves. Well I am afraid as this is just one route of strategy!

There are many other ways of marketing and promoting their own brand and services, here I have tried listing a few which could help:
  1. Peer-to-peer marketing: It is very important for a doctor to inform the GPs and hospitals about services offered. This is from where most recommendations will happen. A doctor’s recommendation is worth more than patients references.

  2. Patients follow-up: Most of the doctors hardly follow-up with their patients well being or enquiring about follow-up visits. Also the charges of follow-up visits should be revised, like doctor charging Rs. 200 on first visit should charge Rs. 20 for follow-up visit and these patients should have different appointment schedule. The doctor can also send a get well card to the patient.

  3. Delivery of medicines: The doctor should tie-up with nearest medical store for delivery of medicines. This will ensure that medicines reach the patients and a service the patients will cherish. This will also benefit the pharma store.

  4. Suggesting medicines: Lot of patients hate taking medicines, the doctor can discuss with the patients and recommend only those medicines which are required. This will also ensure that patients will take the dosage.
There are many ways which can help the medical practitioners to market themselves, but most important is they should be compassionate and humble towards their patients.

Wednesday, January 20, 2010

Wednesday, December 16, 2009

ATTEMPT AT IDENTITY MANAGEMENT - TIGER WOODS

Accenture, as if Tiger Woods Were Never There
By BRIAN STELTER
How do you Tiger-proof an entire corporation? At Accenture, you start by telling employees to tear down all the posters that say, now somewhat awkwardly, that “we know what it takes to be a Tiger.”

For six years, Tiger Woods was the advertising face for Accenture, the big consulting firm. But now that Mr. Woods has confessed to infidelities amid an assault of media coverage, Accenture wants him to disappear.

On Sunday, hours after Accenture ended its sponsorship deal, the golfer’s face was replaced by an anonymous skier on the company’s home page. His name was scrubbed almost completely from the rest of the Web site. The company’s advertising campaign is about “high performance,” and Mr. Woods “just wasn’t a metaphor for high performance anymore,” a
spokesman for Accenture, Fred Hawrysh, said.

By Monday afternoon, Accenture staffers had swept through the company’s New York office and removed any visible Tiger posters. The next day, marketing and communications employees around the world were asked to turn in any remaining Tiger-emblazoned posters and other materials. Accenture marketing employees did not respond to requests for comment about the Tiger purge on Wednesday.

Accenture said it did not tell all of its 177,000 worldwide employees to toss their Tiger T-shirts, caps and tchotchkes away. But when asked about branded merchandise, Mr. Hawrysh said, “Our intention is to ensure we are no longer using it internally or externally.”

But it takes time to erase the golfer’s identity completely. Accenture spent $50 million on advertising in the United States last year, and Mr. Woods appeared in 83 percent of the company’s ads — far more than for any of his other major sponsors — according to TNS Media Intelligence.

The remaining billboards and ads, now outdated, inspire smirks and jokes. In ads at the Dallas-Fort Worth airport, Tiger is seen crouching on the green, studying a golf ball’s trajectory and endorsing outsourcing. In Atlanta, he is posed as The Thinker, adorned with a Nike hat, promoting management consulting. At Dulles International outside Washington, he is peering into the distance, dark clouds on the horizon. That ad, forebodingly, says it is “tougher than ever to be a Tiger.”

“The Accenture ads with Tiger finally make sense,” Quentin George, the chief digital officer for Interpublic Mediabrands, an advertising holding company, remarked on Twitter Wednesday.

Mr. Woods provided a big boost to Accenture when he became the company’s worldwide public face in 2003. At the time, the Accenture name was less than three years old, and was still regularly called by its old name, Andersen Consulting. The campaign’s initial theme was “Go on. Be a Tiger.”

Mr. Woods “was a powerful device for our advertising, there’s no doubt about it,” Mr. Hawrysh said. But as allegations of Mr. Woods’s extramarital affairs spread in recent weeks, the titan of golf was transformed into a distraction. In the early days of the media frenzy, Mr. Woods still greeted visitors to Accenture’s Web site next to the words, “It’s What You Do Next That Counts.” Then on Sunday, the company proclaimed that Mr. Woods was “no longer the right representative” for its advertising and began scrubbing his name and face away.

On Tuesday, that meant telling staff members in an e-mail message to review their sales pitches and slide shows to ensure that they “no longer include Tiger Woods.” In New York, employees were asked to bring posters and other physical assets to the company’s front desk for disposal. The company would not comment on exactly how they would be disposed of.

They may be trying to avoid having the materials recast as collectors’ items. Already, some Accenture magazine ads and memorabilia, including an Accenture Match Play Tiger Woods Caddy Bib, are on eBay (Asking price for the bib: $175.)

Mr. Woods’s private life remains a daily topic on TV talk shows and Web sites, but some of his sponsors, including Nike, have stayed by his side. Nike’s chairman, Phil Knight, told The Sports Business Journal last week that when Mr. Woods’s career “is over, you’ll look back on these indiscretions as a minor blip.”

Accenture, however, is already preparing a new ad campaign. Jon Swallen, a senior vice president for research for TNS Media Intelligence, said it seemed notable that the consulting firm chose not to hide under a no-comment cloak or hire a new celebrity spokesman; instead, it separated from Mr. Woods publicly and swiftly.
“It struck me that they were taking him to the woodshed,” Mr. Swallen said.
With due courtesy - The New York Times