ITC triple bottom line contribution

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LEVERAGING CORPORATE STRATEGY TRIPLE BOTTOM LINE CONTRIBUTION

Transcript of ITC triple bottom line contribution

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LEVERAGING CORPORATE STRATEGY

TRIPLE BOTTOM LINE CONTRIBUTION

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LEVERAGING BRAND ASSOCIATION

CompaniesThrough Branding Strategies

Countries or other geographic area

Through identification of product origin

Channels of DistributionThrough channel distribution

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SECONDARY SOURCES OF BRAND KNOWLEDGE

BUILDING BRAND EQUITY BY LEVERAGING RELATED OR SECONDARY BRAND ASSOCIATION

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FACTORS PREDICTING EXTENT OF LEVERAGE

Awareness and knowledge of the entity

Meaningfulness of the knowledge of the entity

Transferability of the knowledge of the entity

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BRANDING STRATEGIES FOR A NEW PRODUCT

CORPORATE BRANDING STRATEGIES

Create a new brand

Adopt or modify an existing brand

Combine an existing and a new brand

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Companies

Countries or other geographic area

Through identification of product origin

Channels of Distribution

Through channel distribution

ITC leveraging sustainability initiatives for stronger brand equity

CORPORATE BRANDING STRATEGIES

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Growing inequities in income distribution and wealth. 10% of the richest adults own 85% of the world’s household wealth.

GLOBAL SUSTAINABILITY CHALLENGE

Half of the world’s population live on less than $2 per day.

Threat of global warming and environmental degradation

Debilitating impact on air, water, soil, and bio-diversity threaten the present as well as socio-economic security of future generations

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ITC redefined its value proposition by focusing on contribution to the Triple Bottom Line objectives

ROLE OF BUSINESS

ITC structured innovative business models to contribute to a more secure and sustainable future

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ITC’s TRIPLE BOTTOM LINE CONTRIBUTION

Social Brand Trust

Economic

Environmental

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ITC: ENVIRONMENT, HEALTH & SAFETY

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ITC: CORPORATE SOCIAL RESPONSIBILITY

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ITC: ECONOMIC ACTIVITIES

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ITC SUSTAINABILITY REPORT 2015

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ITC e-CHOUPAL INITIATIVE

Delivering large

societal value by co-creating rural markets with local communities

Enables small farmers to access relevant knowledge

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By providing a more transparent process and empowering local people as key nodes in the e-Choupal system, ITC increases trust and fairness.

e-Choupal

States Covered 10

Villages Covered 40,000

No. of e-Choupals 6,500

Farmers empowered 4 million

e-CHAUPAL

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Empowerment of Farmers and raised rural income

ADVANTAGES OF e-CHOUPAL

Above advantages have led to increased reputation of ITC brand and hence strong brand equity

Efficient and effective performance and supply chain system

Shortened value chain removing unwanted players

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ITC builds a stronger brand equity by

leveraging its sustainability initiative position in the market.

LEVERAGING CORPORATE STRATEGY

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SUMMARY

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DISCLAIMERCreated by Sagar Narang during the PGP Brand Management course taught by Prof.

Sameer Mathur at IIM Lucknow.

PGP31286 (Section B)