Monday, October 19, 2009

The importance of sticky strategies

An airline industry veteran was talking about Lufthansa's success even as other European airlines have fallen behind. I asked him, "What do you think that Lufthansa did different that enabled it to succeed?" His answer went something like this: "I think Lufthansa has had a clear vision of what it wanted to be, and has stayed true to this vision regardless of management changes. This probably best explains its success." Today the combined reputation of Lufthansa as an airline and Frankfurt airport as a hub eclipses that of British Airways plus Heathrow or Air France plus Charles de Gaulle for many travelers.

Strategy is long-term by definition. Yet very often "strategies" get dropped by the wayside at the slightest and new strategies adopted with much fanfare. Only to be dropped themselves. Poorly run companies do this all the time. Remember Air India and Indian Airlines? Remember the Maharaja logo? The IA logo? Remember Vayudoot? Remember the re-branding as "Indian" and the re-painting of the aircraft? And now the merged entity is called Air India once again. Just what is going on?




Some change is good and no strategy should be set in stone. But if you yourself don't know what you stand for, how can you expect the customers to know it and believe in it? You should try to stick to your strategies.

Now, when I began to write this post I was talking about strategies in general and not creative strategy in particular. I just happened to use the entire Indian Airlines + Air India logo fiasco to make a point. But then, on a hunch, I went to Google and searched for the history of Lufthansa's famous logo. I found it here and this is what I found!

2 comments:

Akshay Kothari said...

Respected Sir,
Great post on how to stuck on a particular plan or a strategy.And the point that really influenced me was that If you dont beleive in yourself or you are not clear with your vision how can to expect a customer to accept your Idea.
No matter what ever are the situations one should not divert from the ultimate goal.Plans to reach there can change but target should be the same decided initially.
Thanks
Proton Akshay
Fall09

Vidit Shah said...

Respected Sir,
Truly said by you,
Death and change are the only certain thing in ones life, and is always good to have change. The only thing to be taken care off is clarity of thoughts as to what is the reason behind the change. I feel the problem with Air India is unclear thoughts, which is stopping them to be in the competition. Clarity of thoughts is the biggest asset with the Lufthansa Airlines which made them succeed.
Regards
Vidit Shah