06. brand objectives

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History of Branding - YouTube.flv THARAKA DIAS MBA(USA), BBA(USA), Dip in Mgt, ACIM(UK), FAEA(Dip in AEA-UK), FinstSMM(UK), CPM(Asia), MSLIM

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Brand Objectives by Tharaka Dias

Transcript of 06. brand objectives

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History of Branding - YouTube.flv

THARAKA DIASMBA(USA), BBA(USA), Dip in Mgt, ACIM(UK),

FAEA(Dip in AEA-UK), FinstSMM(UK), CPM(Asia),

MSLIM

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Objectives are the core of managerial action, providing direction the plans. An objectives will ensure that a company knows what its

strategies are

SMART objectivesLong term brand

objectives Short term brand

objectives

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� By taking the ideas encapsulated in the

brand vision and transforming these into

concrete objectives

� Managers can transform the brand vision into � Managers can transform the brand vision into

quantified objectives by identifying long term

objectives and short term goals

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� From brand vision a sense of direction is given to the

brand

� A more proactive measure is to roll back the future to

present by analyzing and anticipating future changes

– SLEPT, Customers and Completion– SLEPT, Customers and Completion

� Proactive organizations adopts an out side in

approach in setting objectives.

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Brand Vision

Long term objectives

Aggregation of short term objectives

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Key factors covering brand objectives

� Should be easy to understand

� Every one should be compelled to act

� Objectives should act as an internal catalyst

� The intent is to move from merely having a goal to a long � The intent is to move from merely having a goal to a long

term challenge

� A long term brand objective is powerful when there is

commitment at all levels in side the organization

� Able to take risk

� Should be a stretched and challenging one

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� Does it stimulate progress

� Is it exiting and adventures

� Is it clear to understand

� Does it force staff to think differently

� Does it provide a clear sense of direction

� Does it have risk, yet scope to gain full commitment

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Facebook.mp4

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� Short term objectives could be set that gives a

meaning to long term objectives

� Breaking down on customers, intermediaries and

product line collectively help to achieve long term

objectivesobjectives

� This help to ensure that the organization survive

during the short term period and set the phase for

long term objectives

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To make the brand Hutch as the no 1 brand ,in mobile telecom service provider in Srilanka within the next 10 provider in Srilanka within the next 10 years

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What customer motivation does the brand satisfy?What customer motivation does the brand satisfy?

The Market Cube: Short term objectives can be identified in terms of the three dimensions as a means to achieve a

long term objective

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� The brand team must identify stretch objectives and roll back the desired future to the current time to build innovatively appropriate strategies

� The market cube enables the brand team to connect short term and long term objectives

� Long term objectives must be developed with suitable catalytic mechanisms to bring about the desired future

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� Managers should roll the future back to the

present, rather than incrementally project the

present forward

� In 1961, President Kennedy proclaimed the � In 1961, President Kennedy proclaimed the

daunting challenge of landing challenge of

landing a man on the moon and returning

him safely to earth before the end of the

decade

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Thank you

Thank you

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