Sunday 18 September 2011

THE "LIKE" BUTTON

Many of us turned into “revolutionaries” this April. It required no protest marches, no dharnas, no violence, not even fasting. A mere click of the ‘Like’ button on the “India Against Corruption” Facebook page, a change of our profile picture into that of Anna Hazare’s, an updation of our “Status” message into “I support Anna” made each feel a part of the great movement. For many, just giving a missed call on 022-61550789 was enough to express their solidarity towards the movement. Anna Hazare fought, not just by fasting but also by ‘Facebooking’. It was the Internet & other communication tools that increased the voice of his anti-corruption movement. So powerful was this tool that within two days the members of the ‘India against corruption’ page increased from 5 lakhs to 12 lakhs. Some 7 lakh people showed their support by giving a missed call on a number texted to them. The revolution was “virtually there” for everyone to join in. It did not require physical presence; as long as you thought alike you could be a part of this ever increasing group, whenever you felt like, and could voice your opinions too on this “virtual” meeting place!

TWITTER - THE NEXT “NOBEL PEACE PRIZE” WINNER?

The last few days have witnessed a lot of revolutions around the world, many of which started “virtually” on the Internet. Today, the role of the social media has become more than just a place to catch up with old friends. Rather, it’s now a place where your voice can be heard – and if what you speak is sense, then there is no limit to the number of followers you can gather. Social media is now bringing about social change too.

Thousands of protesters gathered on the streets of Moldova in 2009 to protest against the communist government. Tunisia too overthrew its ruler in 29 days and many called it the “Twitter Revolution”. It was Twitter that gave protestors the courage to rock the Iranian government, and stand up for freedom and democracy. So overwhelmed was Mark Pfeifle, a former national security adviser, that he called for Twitter to be nominated for the Nobel Peace Prize! Twitter was helping in bringing like-minded people together – and in the case of India, also in staging a non-violent protest... just the way Gandhi did decades ago.The invention of the printing press gave momentum to the French Revolution . For the first time, pamphlets could be printed in bulk and thoughts and ideas could be spread faster. The invention of Twitter and Facebook has given momentum to all recent revolutions. They have provided a voice that is impossible to censor and that can spread faster than lightening! The new age revolutions have become so big largely because of this digital revolution.

While it’s true that Twitter and Facebook are very important tools to spread information, the fact is, real change requires something more. It requires a true leader, who inspires a feeling of camaraderie, of brotherhood. It’s not just a voice, but a voice filled with passion. A true revolution is not about just the number of virtual “friends” who support you, but about those real people who are ready to die for you; it’s not about the number of “media tools” one has, but about the real ‘cause’ you stand for. As Malcolm Gladwell said, “Social media alone cannot provide what social change has always required.” Yes, it gives a voice to the powerless, but a voice needs a face, the face of a leader, who has the power to attract ‘real’ followers. The ‘Like’ button is a strong indicator of your potential, but for a revolution to reach its full potential, the ‘virtual’ voice needs to be backed by a ‘real’ one too. A great leader of tomorrow will be one who will have the maximum ‘Likes’ and “followers”, both in the virtual and the real world. Both grounds will be equally important .That will be the way to change tomorrow’s world.

VIRTUALLY POWERFUL

The ‘virtual world’ has a lot of potential and one person who exploited it best is Julian Assange. It’s not just the nuclear radiation leaks that have the power to destroy the world – rather more potent has been Wikileaks for that has caused more destruction; and that too in the right places. Assange found ways of channeling information from the ‘virtual’ spaces into the hands of the common man and woke him up from his slumber. When Assange started publishing the secret cables in Al-Akhbar, the Lebanese newspaper, did the common man realize how his leaders were cheating him. The revolution started from the average man and that’s how people could finally overthrow the government.

The ‘Virtual World’ has a lot of potential and a great leader can use it intelligently to change the world. An intelligent marketer can use it to get the cash registers jingling and change the very rules of business!

FACEBOOK SHOPS

Last year, two students of Wharton launched a site named ‘Kembrel’, which was a private shopping community for just college students. The site partnered with a few well-known lifestyle brands to offer deep discounts on goods for a limited window of time. The catch was, this was a private store which students could access entirely through Facebook – a place they anyway spent a lot of time on!

Facebook commerce is the new buzzword. Retailers are exploring Facebook as a revenue channel like never before. Bulgari, the high end fashion label, has developed jewellery lines, leather goods, and perfumes which are priced right for its Facebook audience, who may hesitate to enter its store in Fifth Avenue, New York; these very consumers can access the brand in the comfort of their Facebook world. This year, FCUK [French Connection] and Dove also opened shops on Facebook, enabling their followers to buy their products directly from the page. P&G had already tasted success when it launched its Max-Factor brand on Facebook last year. Again, last year, Tesco Clothing generated £2 mn in sales as a result of their UK Facebook page. Using vouchers, it tracked its activity on Facebook and found out that its campaign “Friday Frenzy” resulted in more sales in two hours, than it would usually get in a week.

Facebook is inarguably becoming a lucrative place for marketers. Oscar de la Renta launched his first fragrance in 10 years on Facebook. All the people who ‘Liked’ the brand’s page got a free sample. Indian designer Arjun Khanna saw his Facebook page grow so much in popularity that he opened his store in Goa. 3M came up with an innovative product to rejuvenate its Scotch Tape brand. It launched a Scotch Shoe, a tape dispenser that looked like a lady’s shoe. The launch happened only through Facebook, for that was the place where its consumers were.

According to Booz & Company, the value of goods sold through social media may rise six-fold by 2015 to reach $30 billion. In the future, many product sales/launches would happen on Facebook. It’s time for companies to seriously start working on getting more ‘Likes’ and simultaneously thinking of ways of converting the ‘Likes’ on their Facebook fan page into ‘Buys’.

The future seems to be all about ‘Likes’. The power will lie in the hands of the people who will use the ‘Like’ button to give their vote. The one with maximum ‘Likes’, be it an individual or a brand, is the one who will wield the maximum power; for that’s going to be the way to judge the potential of an idea or a brand.

As future leaders, let’s start thinking of ways of making the most of the ‘Like’ button.


Tuesday 6 September 2011

JUST ONE

‘One’ is not just the lowest single digit numerical value; neither is it just a show of miniscule strength. Instead, the digit has the wherewithal to change national destinies, unflinchingly challenge mighty emperors and irrevocably alter your life condition!

It is just another day, yet today, this one date has begun to signify something of great importance to all of us. Its impact has been felt all over the world. Yes, 9/11 or September 11 today symbolises terrorism. One incident on this day shook up the entire world. Overnight Kabul and Kandahar became the most talked and written about places. The world became more knowledgeable about bombs and forget about our way of thinking, even our manner of speaking changed. ‘Ground Zero’, the original meaning of which was the epicenter of a nuclear explosion, now meant something else entirely. ‘Terrorism’ was no more an activity that happened in far away places for Americans, but something that took lives in their own home. One event and look at the profound impact it has had on all of us.

In fact, one way to judge the impact of any event is to see how much it affects the language we speak. In that sense at least, 9/11 has added words like jihad, holy-war, Taliban and Twin-Towers to our collective vocabularies. Another event had similarly enriched the English language – World War II. Words like jeep, blitz, java, flak, sonar, radar, bazooka and atom bomb didn’t exist prior to World War II.

Clearly, one event can change a generation’s outlook. ‘One’ may be the smallest of numbers, but ‘one’ is all it takes to have a profound impact. It’s interesting to see how ‘one’ has influenced us in more ways than one. To start, take the date 9/11 and flip it once. This one change brings us to a date dramatically different from the previous one. If one stood for terror, and destruction and ruin, the other symbolised unification, hope and brotherhood. The 9th day of November or 11/9 was the day the Berlin Wall fell. If 9/11 divided the world, 11/9 was an attempt to unify a city that had been divided for over 30 years. The 28 mile barrier dividing Germany’s capital was built in 1961 to prevent East Berliners fleeing to the West. ‘One’ of anything (even the flip of a date) can do wonders.

ONE WORD, ONE ACT – CHANGE...
One word and its wrong interpretation caused irreparable damage. The Americans issued an ultimatum demanding the unconditional surrender of Japan. Nearing breaking point, the Japanese wanted to negotiate for peace, but not surrender unconditionally. They issued a statement using a Japanese word ‘mokusatsu’, which technically meant ‘refrain from comment’, but had another interpretation i.e. ‘ignore.’ And that is how the Americans decoded it. Keeping the Japanese ‘refusal’ in mind, Americans continued to fight and eventually dropped two atom bombs – an event that changed Japan forever. One wrong translation caused so much destruction. In contrast, one statement shot this actress to fame and resurrected her failing career. Yes, one racial slur shot Shipla Shetty to fame and made her a fortune. So much so that now everybody seems to want one!

But, it was bravery of a different kind that changed the world. A simple seamstress from Alabama refused to relinquish her seat on a city bus to a white man. It was her one act of courage that sparked the Montgomery Bus Boycott and brought the Civil Rights Movement to national attention. Jack Kemp ‘once’ said, “the power of one man or one woman doing the right thing, for the right reason and at the right time, is the greatest influence in our society.”

ONLY ONE, YET NOT INSIGNIFICANT
It may look small and insignificant but sometimes ‘one’ can have tremendous impact. It was one vote per precinct in key states that gave victory to George Bush. It was one vote by then Vice President Al Gore that approved President Clinton’s budget, which included the largest tax increase in American history. It was one vote that made Hindi the National language. History proves that one vote absolutely does matter. So next elections, remember that your vote could be the crucial deciding factor.

Compared to this vast universe you may look like a tiny dot but you have the power to control this vastness. However small, but you do matter. When in doubt hum the Song “Everybody makes a difference.”

ONE – IS ALL IT TAKES
It was ‘one’ film and ‘one’ title of the ‘Angry Young Man’ that changed the career of Amitabh Bachchan and catapulted him to fame. When he was deep in debt and was ‘written off’ by the industry, it was one game show – Kaun Banega Corepati – that again saw him riding the high wave of fame and fortune. Not just Amitabh, KBC even changed the fortunes of television. Suddenly, TV programming was hot & happening and worth watching again.

Back when Indians were fighting their war of independence from British Colonial rule, the favourite British jibe was that “Indians were not ‘manly’ enough to rule themselves.” Mohammed Salim was a simple boy from Calcutta, known for his ability to keep a football in the air. He, together with his team used football to give a firm retort to the British. He proved the British wrong by defeating them in their own game and showed that Indians were not inferior to the British in any way. Most interestingly, the Indian team played the game bare foot and defeated the haughty English men in boots. That ‘one’ victory sent a strong signal to the whole world!

Large numbers are simply no good because sometimes just ‘one’ is enough. One album ‘Thriller’ shot Michael Jackson to fame and made him immortal.

Napoleon was obsessed with the idea of ruling the world. He seemed unstoppable, conquering one country after another. It took one man, one day to smash Napoleon’s dream of invading Britain. In the Battle of Trafalgar, inspite of being outnumbered by the French, Nelson won and that too without losing even a single ship. The Trafalgar Square in London stands testimony to that beautiful victory.

In the corporate world ‘one’ is the new buzz word. Top executives globally are facing criticism for drawing hefty salary packages and the growing financial crisis. CEO’s are now pruning down their packages to just one dollar. Vikram Pandit the CEO of Citigroup will now take home a one dollar salary, Larry Ellison the Oracle CEO too would take home just a dollar this year as salary – a cool $999,999 less than last year.

Steve Jobs and even the founders of Google have been old members of the ‘$1 CEO club’, which now seems to be getting bigger and bigger. We hope that it also helps the economy – but one thing that it is doing for sure is attracting attention.

‘One’ is small, but has the power to make a big difference. Sometimes the number of chances that you get or need to completely overhaul your whole life is just ‘one’. As Abraham Lincoln said, “It matters not the number of years in your life. It is the life in your years.” Seize the moment now; know that this is your one chance to change everything. Strength, my friend, doesn’t lies in numbers, but in just that ‘ONE’ opportunity. Don’t miss it!