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Al Ries and Jack Trout are perhaps the most successful and the best-known personalities in the marketing world- with due regards to Phillip Kohtler. Al Ries is chairman of Ries & Ries, an Atlanta based marketing firm that has done strategic work for many major corporations Jack Trout is recognized as the world's foremost marketing strategist and is responsible for the freshest ideas in marketing in the last 20 years.
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Al and Jack Trout are the co-authors of the industry classic, Positioning: The Battle for Your Mind, published in 1980 by McGraw-Hill. The principle of positioning itself has been the subject of articles in The Wall Street Journal, In 1985 Al Ries and Jack Trout wrote a second best-selling book entitled Marketing Warfare. Crossing marketing thinking with some principles of the famous Prussian military strategist, Carl Von Clausewitz, this book also received wide acclaim.
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The two books are available in a total of 17 different languages. In 1988, they wrote Bottom-Up Marketing a book that attacks some of management's most cherished concepts, including goals, mission statements and strategic planning. Their revolutionary concept: Strategy should be developed from the bottom up, not the top down.
In 1993, they wrote The 22 Immutable Laws of Marketing, a book that outlines the basic reasons why marketing programs succeed or fail in the competitive nineties.
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In 1994, Al Ries opened Ries & Ries with his daughter Laura in Great Neck, New York. In April 1996 Al's book, Focus: The Future of Your Company Depends on It-was published by HarperCollins. Al and Laura have written their first book together entitled The 22 Immutable Laws of Branding, published by HarperCollins in September 1998..
CONCEPT OF HORSE
WHAT IS A HORSE ?
Life is a horse race. Individual strive for success. The result? They rarely succeed ! Look for others!
CONCEPT OF HORSE
WHAT CAN BE A HORSE? Anybody or anything ! Company Product Ideas Family Partner Spouse
Intelligence Quotient
IQ
Confidence Quotient
CQ
NO !
Can it give you a promotion? How less can mean more? Hard work is optional!
THE IQ HORSE ( 75 TO 1 )
Top Executives come from the middle of the IQ curve. Success in the classroom vs. success in the boardroom. Smarter people depend more on themselves. Less intelligent people look for others.
MY ANALYSIS
Changed scenario- knowledge economy. Benefit in the long run. Exceptions.
HOBBY HORSE
Tim Zagat
Mike Sinyard Components
Pearl S Back
MY ANALYSIS
Truly Relevant will always be so. Publicity has been given due importance. Innovative ideas. BUT These horses require a lot of introspection and circumspection.
1 1. 2. 3. 4. 5.
Susan Rose
M F Hussain
Joanna Ferrone
Madhuri Dixit
MY ANALYSIS
Example of Walchand Hirachand. The case of TATAs and BIRLAS. Factor of risk involved. Present Indian scenario. A word on ethics : Ethics do matter !
CHANGING HORSE
Why should one change? If you always do what youve always done ,you will only get what youve always got ! Change careers Change companies Change while you are happy
NO SECOND CHANCES!
Herrells Ice Cream NeXT Company The bursting of IT bubble Can anyone Emulate Bill Gates ?
OVERALL ANALYSIS
Effective Full of examples Bold I suggest that two separate chapters could have been included 1. How to recognize the most beneficial horse 2. How not to become a horse yourself
POSITIVE SIDE
Pragmatic approach Fresh and innovative concepts Associate the reader Language is lucid
FLIP SIDE
Examples cannot be generalized Success is subjective Focus is always needed The importance of hard work and patience cannot be challenged. Changing time - knowledge economy
CONCLUSION
The importance lies in finding one How to make it effective Difference between dream and ambition
BIBLIOGRAPHY
Horse sense,by Al Ries & Jack Trout,McGraw Hill,1991. Business Legends,by Gita Piramal,Penguin Books, 1998. www.google.com www.ries.com www.economictimes.com