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Product
Leadership
 Strategy
Agenda



               Product Leadership Strategy


           AIESEC Product Leadership Strategy


         Four areas of benefits that AIESEC offers
Agenda



               Product Leadership Strategy


          AIESEC Product Leadership Strategy


         Four area of benefits that AIESEC offers
Organization    Vision

Corporate Firm
NGO
Government
Association




                 Strategy
The Choice of Strategy

         Product Leadership




     Cost
  Leadership             Customer
                         Intimacy
Product Leadership
                             To      pursue       a     strategy  of
                             “Cost Leadership” is     the     way  to
                             strategically position a company on the
                             advantage of cost is to increase
   Cost           Customer   market share by transforming from
Leadership        Intimacy   lowest cost producer to lowest cost
                             supplier of products.




                                                Now everyone can fly
Product Leadership
                             To       pursue      a      strategy   of
                             “Customer Intimacy” is predicated on
                             tailoring and shaping products and
                             services to fit an increasingly fine
                             definition of the customer. The objective
   Cost           Customer
                             is long-term customer loyalty and long-
Leadership        Intimacy
                             term customer profitability.
Product Leadership       To      pursue         a      strategy  of
                             “Product Leadership" entails delivering
                             value through offering leading edge
                             products and services, and creatively
                             adapting services, providing a stream to
   Cost           Customer   new and changing marketing conditions
Leadership        Intimacy   while constantly pursuing new solutions on
                             behalf of its clients and customers.
The Choice of Strategy

         Product Leadership




     Cost                Customer
  Leadership             Intimacy
Organization    Vision




               Strategy
What is our Strategy ?

          Product Leadership




      Cost               Customer
   Leadership            Intimacy
Agenda



               Product Leadership Strategy


          AIESEC Product Leadership Strategy


         Four area of benefits that AIESEC offers
• Niche player
    Product Leadership       • Delivering to the specific
                               needs of a particular market
                               segment
                             • Individual solutions
                             • Identify customer needs and
                               develop solutions
                  Customer   • Marketing/sales of unique
   Cost                        customer solutions
Leadership        Intimacy
• The company achieves the
                               lowest       production    and
                               distribution costs in the
                               industry
    Product Leadership       • Positioning the company as
                               a Low cost in the market
                             • Increasing revenue is the
                               first priority for the company
                             • Marketing/sales              of
                               components/stand alone
   Cost           Customer     products
Leadership        Intimacy   • ”Find” customers and offer
                               them existing portfolio
Product Leadership
Unique Product
Superior Quality
Create a Product then educate the Market
                                          Cost           Customer
                                       Leadership         Itimacy
Connection

 Balanced Score Card


  Product Leadership

      AIESEC 2010

      AIESEC XP

        AIESEC
         Way
Product
  Leadership                                       AIESEC Experience is the core product of AIESEC.
                                                   Different facets of AIESEC Experience are sold to different stakeholders who
       Product                                     customize their own experience.


                     AIESEC’s Product Leadership
                                                   @XP as an experience & how it is lived needs to
                                                   continue to evolve & improve, which would ensure our product
                                                   leadership. The absolutes of @XP are an exchange & leadership experience & a
                                                   global learning environment.
Cost      Customer
                                                   The objectives & scope of our core processes
                                                   need to be standardized across the network. The
                                                   processes should be customizable to the reality of countries, which would ensure
                                                   our product leadership on the ground, at the LC level.

                                                   We have to create a prime quality experience for every
                                                   stakeholder.
                                                   We need to have an extremely strong & reputable brand which
                                                   attracts people & organizations to AIESEC & @XP. We need to
                                                   reach out & educate the markets about our product – the AIESEC Experience.

                                                   We need to be always sure about our product portfolio & the
                                                   value that the products offer. The portfolio continues to evolve as we find more
                                                   opportunities with @XP, but we need to be comfortable with the idea of everyone not wanting our
                                                   products & not wanting to associate with AIESEC.
Key principles of ‘Product Leadership’ Strategy
1. Develop a mindset of innovation amongst the
   members
2. Lead & educate the markets about the use, need &
   benefits of new products
3. A risk oriented management style, developing an
   attitude of self-management amongst the
   members
Product Leadership as our STRATEGY
 Does it give you focus & direction to your
  organization’s activities?
 Does it help define what not to focus on, what not to
  do?
 Does it aim to create a unique competitive position
  in the long-run?
Product Leadership:
 A corporate perspective

• Why can companies charge a higher price if
  they choose product leadership?
• What are the risks?
• The value added by the uniqueness of the
  product  a premium.
• The higher price will more than cover the
  extra costs incurred in offering the unique
  product.
• Because of the product's unique attributes, if
  suppliers increase their prices the firm may be
  able to pass along the costs to its customers
  who cannot find substitute products easily.
Firms that succeed in a differentiation strategy
   often have the following internal strengths:
• Access to leading market research.
• Highly skilled and creative product development
   team.
• Strong sales team with the ability to successfully
   communicate the perceived strengths of the
   product.
• Corporate reputation for quality and innovation.
• The risks associated with product
  leadership strategy include imitation by
  competitors and changes in customer
  tastes.
Think about yourself…
• When you first joined AIESEC, you bought
  AIESEC’s product – AIESEC XP.
Is it a unique product for you? How unique?
Have you experienced superior quality? If yes,
  how? If no, why?
Now you’ve become LCEB. As the people who
 develop our product,
Have you put innovation into developing our
 product?
Have you been educating our market about
 our product?
 How do you ensure your members are
 enjoying high quality experience?
Because we choose Product Leadership,
does it mean…
• We just need to educate the market to buy
  the thing we currently have?
• We can ignore market needs?
An
example:
  OGX
Now think about your LC
Think about what are the
products/initiatives/actions/projects in
your LC that you consider to be aligned
with the product leadership strategy?
Agenda



               Product Leadership Strategy


           AIESEC Product Leadership Strategy


         Four areas of benefits that AIESEC offers
In any product, any activity or partnership AIESEC brings
four areas of benefit. It is crucial that AIESEC delivers
value to any to its partners/sponsors. With no value-partners
have no reason to continue in partnerships.

          Access to Talent
          Employer Branding
          Impact in Society
          Access to youth opinion
Value   Description              AIESEC offers

        Global
                      International Internship Program
        Talent
                      Mentorship Program
                      Leadership Development Program
        Local         Graduate Program
        Talent

                      Alumni Hall of Fame
        Alumni        Graduate Program
Value            Description                      AIESEC offers

                                         AIESEC Conferences : Content
                                         workshops,        Partnership
        AIESEC                enables    Launch.
        organizations to interact
        physically and virtually with
        high talented people from        AIESEC Events – Alumni Events
        all over the world in order
        to      strengthen       their   Reward and Recognition:
        employer         brand and       Global/ Regional Awards
        position the company as
        the first choice of attracting
        Talent in the market.            Virtual               platform
                                         (myaiesec.net), wiki, classified
                                         …etc
Value           Description                   AIESEC offers



        Focusing on developing
        youth and interacting with    Issue Based Projects
        them around specific issues
        become a major need for       Learning      Events    and
        corporate     organization    learning networks
        nowadays.
                                      CSR/Sustainability Forums
        AIESEC is partnering with
        the corporates to provide     AIESEC Expansion
        the needed impact in
        society.
Value            Description                    AIESEC offers

        Youth is the future of any
        business today. Youth opinions
        and innovation are crucial in
        order for any business to be     Online Surveys
        aware of trends and issues
        young people care about.         Campus Surveys
        AIESEC offers the opportunity
        to interact physically and
                                         AIESEC Symposium
        virtually with high-potential
        university    students     and
        graduates from all over the      Focus     Groups       and
        world through gathering their    workshops
        opinion    through     ON-Line
        Surveys and Focus Groups
Value 1



Value 2



Value 3



Value 4
That was:

    Product Leadership                Access to Talent
                                     Employer Branding
                                     Impact in Society
   Cost           Customer            Access to Youth
Leadership         Itimacy               opinion




                Questions Please 
Thank you!

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Product leadership

  • 2. Agenda Product Leadership Strategy AIESEC Product Leadership Strategy Four areas of benefits that AIESEC offers
  • 3. Agenda Product Leadership Strategy AIESEC Product Leadership Strategy Four area of benefits that AIESEC offers
  • 4. Organization Vision Corporate Firm NGO Government Association Strategy
  • 5. The Choice of Strategy Product Leadership Cost Leadership Customer Intimacy
  • 6. Product Leadership To pursue a strategy of “Cost Leadership” is the way to strategically position a company on the advantage of cost is to increase Cost Customer market share by transforming from Leadership Intimacy lowest cost producer to lowest cost supplier of products. Now everyone can fly
  • 7. Product Leadership To pursue a strategy of “Customer Intimacy” is predicated on tailoring and shaping products and services to fit an increasingly fine definition of the customer. The objective Cost Customer is long-term customer loyalty and long- Leadership Intimacy term customer profitability.
  • 8. Product Leadership To pursue a strategy of “Product Leadership" entails delivering value through offering leading edge products and services, and creatively adapting services, providing a stream to Cost Customer new and changing marketing conditions Leadership Intimacy while constantly pursuing new solutions on behalf of its clients and customers.
  • 9. The Choice of Strategy Product Leadership Cost Customer Leadership Intimacy
  • 10. Organization Vision Strategy
  • 11. What is our Strategy ? Product Leadership Cost Customer Leadership Intimacy
  • 12. Agenda Product Leadership Strategy AIESEC Product Leadership Strategy Four area of benefits that AIESEC offers
  • 13. • Niche player Product Leadership • Delivering to the specific needs of a particular market segment • Individual solutions • Identify customer needs and develop solutions Customer • Marketing/sales of unique Cost customer solutions Leadership Intimacy
  • 14. • The company achieves the lowest production and distribution costs in the industry Product Leadership • Positioning the company as a Low cost in the market • Increasing revenue is the first priority for the company • Marketing/sales of components/stand alone Cost Customer products Leadership Intimacy • ”Find” customers and offer them existing portfolio
  • 15. Product Leadership Unique Product Superior Quality Create a Product then educate the Market Cost Customer Leadership Itimacy
  • 16. Connection Balanced Score Card Product Leadership AIESEC 2010 AIESEC XP AIESEC Way
  • 17. Product Leadership AIESEC Experience is the core product of AIESEC. Different facets of AIESEC Experience are sold to different stakeholders who Product customize their own experience. AIESEC’s Product Leadership @XP as an experience & how it is lived needs to continue to evolve & improve, which would ensure our product leadership. The absolutes of @XP are an exchange & leadership experience & a global learning environment. Cost Customer The objectives & scope of our core processes need to be standardized across the network. The processes should be customizable to the reality of countries, which would ensure our product leadership on the ground, at the LC level. We have to create a prime quality experience for every stakeholder. We need to have an extremely strong & reputable brand which attracts people & organizations to AIESEC & @XP. We need to reach out & educate the markets about our product – the AIESEC Experience. We need to be always sure about our product portfolio & the value that the products offer. The portfolio continues to evolve as we find more opportunities with @XP, but we need to be comfortable with the idea of everyone not wanting our products & not wanting to associate with AIESEC.
  • 18. Key principles of ‘Product Leadership’ Strategy 1. Develop a mindset of innovation amongst the members 2. Lead & educate the markets about the use, need & benefits of new products 3. A risk oriented management style, developing an attitude of self-management amongst the members
  • 19. Product Leadership as our STRATEGY  Does it give you focus & direction to your organization’s activities?  Does it help define what not to focus on, what not to do?  Does it aim to create a unique competitive position in the long-run?
  • 20. Product Leadership: A corporate perspective • Why can companies charge a higher price if they choose product leadership? • What are the risks?
  • 21. • The value added by the uniqueness of the product  a premium. • The higher price will more than cover the extra costs incurred in offering the unique product.
  • 22. • Because of the product's unique attributes, if suppliers increase their prices the firm may be able to pass along the costs to its customers who cannot find substitute products easily.
  • 23. Firms that succeed in a differentiation strategy often have the following internal strengths: • Access to leading market research. • Highly skilled and creative product development team. • Strong sales team with the ability to successfully communicate the perceived strengths of the product. • Corporate reputation for quality and innovation.
  • 24. • The risks associated with product leadership strategy include imitation by competitors and changes in customer tastes.
  • 25. Think about yourself… • When you first joined AIESEC, you bought AIESEC’s product – AIESEC XP. Is it a unique product for you? How unique? Have you experienced superior quality? If yes, how? If no, why?
  • 26. Now you’ve become LCEB. As the people who develop our product, Have you put innovation into developing our product? Have you been educating our market about our product?  How do you ensure your members are enjoying high quality experience?
  • 27. Because we choose Product Leadership, does it mean… • We just need to educate the market to buy the thing we currently have? • We can ignore market needs?
  • 29. Now think about your LC Think about what are the products/initiatives/actions/projects in your LC that you consider to be aligned with the product leadership strategy?
  • 30. Agenda Product Leadership Strategy AIESEC Product Leadership Strategy Four areas of benefits that AIESEC offers
  • 31. In any product, any activity or partnership AIESEC brings four areas of benefit. It is crucial that AIESEC delivers value to any to its partners/sponsors. With no value-partners have no reason to continue in partnerships. Access to Talent Employer Branding Impact in Society Access to youth opinion
  • 32. Value Description AIESEC offers Global International Internship Program Talent Mentorship Program Leadership Development Program Local Graduate Program Talent Alumni Hall of Fame Alumni Graduate Program
  • 33. Value Description AIESEC offers AIESEC Conferences : Content workshops, Partnership AIESEC enables Launch. organizations to interact physically and virtually with high talented people from AIESEC Events – Alumni Events all over the world in order to strengthen their Reward and Recognition: employer brand and Global/ Regional Awards position the company as the first choice of attracting Talent in the market. Virtual platform (myaiesec.net), wiki, classified …etc
  • 34. Value Description AIESEC offers Focusing on developing youth and interacting with Issue Based Projects them around specific issues become a major need for Learning Events and corporate organization learning networks nowadays. CSR/Sustainability Forums AIESEC is partnering with the corporates to provide AIESEC Expansion the needed impact in society.
  • 35. Value Description AIESEC offers Youth is the future of any business today. Youth opinions and innovation are crucial in order for any business to be Online Surveys aware of trends and issues young people care about. Campus Surveys AIESEC offers the opportunity to interact physically and AIESEC Symposium virtually with high-potential university students and graduates from all over the Focus Groups and world through gathering their workshops opinion through ON-Line Surveys and Focus Groups
  • 37. That was: Product Leadership Access to Talent Employer Branding Impact in Society Cost Customer Access to Youth Leadership Itimacy opinion Questions Please 

Notas del editor

  1. After seeing the video, what’s the impact or the feeling that you feel? What do you think about people using Apple or consuming Starbucks? That’s why we have Product Leadership Strategy!
  2. Refer to roxies’s blog
  3. Talk to the person next to you. What are the unique attributes to our product? Compentency assessment
  4. Sit with LC. 6 groups.
  5. Give OGX example TED talk: Malcolm Gladwell on spagetti source Low-sugar, low-fat food, copmpentency assessment