How to make the best utility out of emerging markets

Emerging markets are nations with social and business activity in the process of rapid growth and industrialisation. Well, imagine  you have prepared a detailed plan for your products for these emerging markets but do you know how customers will respond to it? And if you are not ready with these questions, you are at loss to your competitors.

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Planning the Excellence

We human beings have different qualities and this is what makes us different from each other. Some are very good in academies while some are good in sports. So a child who is good at sports will not be able to study. They can but with proper planning. There’s boy Harry despite so many efforts from parents and teachers he flanked in eighth grade several times what could be the reason? To find the solution, one needs to begin with Harry’s likes and dislikes. What he is good at and in what he finds energy to do something. Doctor advised his parents to change his classroom or teacher with whom he is not comfortable with. Also motivate him in a positive way like ‘I can see potential in you’. With all these efforts he started improving and positive feedback starts coming.

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Being overqualified for employment

Introduction

There is a vacancy in a company and you are looking for the right candidate. And even after  so many efforts you are not able to find a candidate suitable for the post. Then one day you get one resume and the person is overqualified for the job. What will be your action? You will feel relieved on finally having found ‘the perfect match’ for the position. You will be excited about getting more talent for less salary.

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Let’s make Work play

If companies want to attract top talent, they need to provide employees with a balanced work-life, so that they can feel good while joining any company. The movie ‘Take Back your life’ by Dr. Lisa Herbert is about hectic life at the organization. It gives beautiful insight about workers’ life in an organization.

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New Jersey chocolate dreams are melting away.

New Jersey’s chocolate company Mars flourishes the best cocoa beans of the world. It charges 25% more for its best ingredients bought from Zurich and Switzerland. Now the company is trying to make its own chocolate brand. But so far they are unsuccessful. Pralines from Belgium and Artisanal chocolate are in the same price range of Mars still people are not ready to buy Mars chocolate. This is because Mars is from New Jersey not from Belgium, Zurich or Switzerland.

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Brain to Brain Synchronization

Research  

Our everyday lives are filled with social interaction, which involves face to face communication, where one speaks, and other listens. However the important mechanism involved in communication is the neural mechanism, which lets the listener copy the speaker’s mind, which results in good communication.

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The Art of Branding

As social media is taking the place of traditional methods of marketing, it helps amplify companies reputation, to consistently deliver what they promise. Social media has shifted the power to consumers. It has not removed the old method of marketing rather it has improvised  it. It is always a big risk to disappoint your customers in the long run and social media has paced this process. Whether it is about backlashing or amplifying a company’s reputation, social media is playing a big role. Keeping momentum with social media is difficult but so is losing grounds of marketing. The companies who have harnessed the opportunities provided by social media have kept their strong feet in the market and even they are upgrading themselves rather than writing it again.

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MODIFICATION NEEDED AT C- LEVEL

INTRODUCTION:

Brenda Norris, CEO of Brascan corp, a manufacturing company in Dachigam, gets shocked after reading in the newspaper that her company lost a contract to Royal Dutch shell. Without wasting a minute she called her secretary Pedro Lee (COO)  and Cole Fletcher (CFO) quickly. This was not a normal loss and she needs complete detail about the loss. With Norris as CEO, Brascan has achieved great heights in America, Europe, Asia and Australia. Key feature of their success is low cost manufacturing, even if the market is new. Brascan has procured an R & D department and brought new offers to the market. Norris has even ventured into corporate Jet.

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Management: Yesterday &Today

Purpose of managers changes in every era. In the 90’s managers meant who could solve problems and provide solutions. But the question arises: for whom ? what is the purpose? By the end of the 90th century managers’ role had changed, it was now to enhance a company’s shareholder value, accomplish company’s owner goals. Arianna Huffington, Winston Churchil, Martha Stewart are big names in the management field, yet on the monetary basis they are unsatisfactory.

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SECRETS OF SUCCESSFUL SALESPERSON

CEO of various companies are assiduously trying to figure out where the gap lies in performance of their company. To analyse the gap, 500 sales people were analysed during a real sales meeting. They discovered 8 types of sales performed by these salespeople, and out of these 8 types only 3 of them are effective which accounts for 37% of total salesperson and only 37%  are consistently effective, rest 63% downgraded the performance. But research also finds that these 8 types of sales are formed on the basis of salespeople behavior which can be changed through training. Companies can design quality teams by recruiting better sales people if they understand these 8 sales types effectiety.

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