It is not enough to have a talented designer; the management must be inspired too. The creative process is very disorganised; the production process has to be very rational.
Bernard ArnaultRead
Mastering the paradox of star brands is very difficult and rare - fortunately.
Interpretation
Creating and maintaining a strong brand that stands out in the market is both challenging and uncommon.
This quote by Bernard Arnault emphasizes the complexity and rarity associated with building a successful brand that has a lasting impact. The term 'star brands' refers to those exceptional brands that not only capture consumer attention but also foster a strong emotional connection, making them difficult to master due to the intricacies of market dynamics and consumer behavior.
In practice
In a marketing seminar to emphasize the importance of strong branding.
It is not enough to have a talented designer; the management must be inspired too. The creative process is very disorganised; the production process has to be very rational.
I think in business, you have to learn to be patient. Maybe I'm not very patient myself. But I think that I've learned the most is be able to wait for something and get it when it's the right time.
When you are on the management side, you still have to understand the artistic sensibility so that there is a dialogue with the creative side.
What made Louis Vuitton famous was the quality. We don't do marketing; we just create products which are exceptional in their design and craftsmanship.
It's very important that when you have a designer like Marc Jacobs, who is a genius, you give him complete freedom.
There's a fundamental distinction between strategy and operational effectiveness.
A visionary company doesn't simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable. A visionary company doesn't simply balance between preserving a tightly held core ideology and stimulating vigorous change and movement; it does both to an extreme.
If your goal is anything but profitability - if it's to be big, or to grow fast, or to become a technology leader - you'll hit problems.
If the employees come first, then they're happy. A motivated employee treats the customer well. The customer is happy so they keep coming back, which pleases the shareholders. It's not one of the enduring green mysteries of all time, it is just the way it works.
If you don't understand the details of your business you are going to fail.
Each individual should work for himself. People will not sacrifice themselves for the company. They come to work at the company to enjoy themselves.
Subscribe for the occasional hand-picked quote. No noise.