Innovation is a holistic change in a company’s management and ecosystem’

Erehwon, an organisation engaged in imparting the mantra of innovation, has built up an impressive clientele. Asian Paints, ESPN-STAR Sports, Gillette, Hero Honda and Wipro are some of the companies that have imbibed Erehwon’s innovation techniques. The company is now seeking to expand to Europe.

e4m by exchange4media Staff
Published: Sep 4, 2006 8:43 AM  | 3 min read
Innovation is a holistic change in a company’s management and ecosystem’

Innovation for many is a subjective word which cannot be measured and can be best described as doing something different. For manufacturing companies, innovation mostly means introducing new products to increase sales.

And then there is the Erehwon way to innovation. An 18-year old organisation, Erehwon started small by introducing its programme that encouraged ‘creating thinkers’ in schools. The programme slowly moved from schools to working for companies like Asian Paints, ESPN-STAR Sports, Gillette, Hero Honda, Hewlett Packard, Hindustan Lever, Hutch, IBM, ITC, Bharti Televenture, Marico Industries, Motorola, Philips, and Wipro, among others.

Bhupendra Sharma, Director and Senior Strategy Consultant, Erehwon, said, “Our focus on research is very strong and we believe that small steps to innovation also result in radical returns. There are brands like Fair and Lovely and Divya Bhaskar who are wonderful examples of being globally unique brands.”

Erehwon’s key focus is to get global recognition to Indian companies by helping them move up the value chain. For Sharma, innovation is not about growing the business to get better returns, but shifting the orbit altogether.

He said, “If a company wants to innovate, it should change the fundamentals that it has been working on. We help companies realise that innovation does not mean manufacturing new products or introducing new services. The change has to happen at the very core of the organisation and should start with a change in the mindset. Innovation is a holistic change in a company’s management, ecosystem and belief system.”

Commenting on the ways that companies can be innovative, Sharma said, “There are certain ways like subtly introducing the fear factor, creating new desires and the making top management feel insignificant (without humiliating them) that can kick start innovation in a company.” Sharma also believes that companies are now more willing to take risks than they did earlier and also understand that innovation is not plain ideation but a total shift in perception.

Though defining and measuring innovation’s success seems difficult, Erehwon has mastered the science over the years and guarantees 50 per cent success. This, according to Sharma, is a significant guarantee as the global benchmark for innovation’s success was 10 per cent a few years back.

Though Erehwon’s programme for innovation has a patent pending, Sharma is not worried about being imitated as he said, “Innovations cannot be copied.”

Erehwon has also held workshops at STAR and ESPN and is currently talking with sports and general entertainment channels to implement the Erehwon programme. Sharma is currently in the process of writing books on topics like Inspiring India to Innovate and reference books based on Erehwon’s work over the years.

Aspiring to set global benchmarks in innovation, Erehwon is also expanding internationally and is planning to set up offices in Europe and UK after its offices in Bangalore and Singapore.

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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