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Cultural Strategy - Using Innovative Ideologies to Build Breakthrough Brands (Hardcover)
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Cultural Strategy - Using Innovative Ideologies to Build Breakthrough Brands (Hardcover)
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How do we explain the breakthrough market success of businesses
like Nike, Starbucks, Ben & Jerry's, and Jack Daniel's?
Conventional models of strategy and innovation simply don't work.
The most influential ideas on innovation are shaped by the
worldview of engineers and economists - build a better mousetrap
and the world will take notice. Holt and Cameron challenge this
conventional wisdom and take an entirely different approach:
champion a better ideology and the world will take notice as well.
Holt and Cameron build a powerful new theory of cultural
innovation. Brands in mature categories get locked into a form of
cultural mimicry, what the authors call a cultural orthodoxy.
Historical changes in society create demand for new culture -
ideological opportunities that upend this orthodoxy. Cultural
innovations repurpose cultural content lurking in subcultures to
respond to this emerging demand, leapfrogging entrenched
incumbents.
Cultural Strategy guides managers and entrepreneurs on how to
leverage ideological opportunities:
- How managers can use culture to out-innovate their competitors
- How entrepreneurs can identify new market opportunities that big
companies miss
- How underfunded challengers can win against category Goliaths
- How technology businesses can avoid commoditization
- How social entrepreneurs can develop businesses that appeal to
more than just fellow activists
- How subcultural brands can break out of the 'cultural chasm' to
mass market success
- How global brands can pursue cross-cultural strategies to succeed
in local markets
- How organizations can maximize their innovation capabilities by
avoiding the brand bureaucracy trap
Written by leading authorities on branding in the world today,
along with one of the advertising industry's leading visionaries,
Cultural Strategy transforms what has always been treated as the
"intuitive" side of market innovation into a systematic strategic
discipline.
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