World's No. 1 Two Wheeler Company | Hero | Brij Mohan Munjal | Tycoons of India | Dr Vivek Bindra
Автор: Dr. Vivek Bindra: Motivational Speaker
Загружено: 2024-10-12
Просмотров: 463475
In 1970, there was massive tension in the Middle East! The Yom Kippur War, the Iranian Revolution—everything was in chaos. The world realised that there was going to be an oil shortage, and the demand for bicycles was going to skyrocket!
Brijmohan Lall Munjal understood this perfectly. He knew that for expansion, he’d need manpower and dealers. So, he studied Atlas’s entire operation and identified the mistakes they were making with their employees and dealers. Munjal turned their mistakes into opportunities! By 1975, Hero Cycles had overtaken Atlas to become India’s largest bicycle manufacturer, producing half a million units a year—pumping up their tires while deflating Atlas’s!
In this 9th episode of Tycoons of India, Dr Vivek Bindra elaborates on the legendary journey of Brijmohan Lall Munjal, the mastermind behind Hero MotoCorp. Discover how he revolutionized the cycle and motorcycle industry with his visionary approach and brilliant business strategies.
learn about the 9 Strategies That Shaped the Hero Empire:
Innovative Imitation vs. Original Innovation
Average Order Value – Revenue Multiplication
Integrative Negotiation - Win-Win Collaborative Bargaining
Vertical Disintegration
Value Propositions (Customer, Employee, Dealer)
White Space Strategy - Partnership with Honda
PESTLE Analysis
Risk Mitigation Strategy
Communication of Celebration in Separation
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If you find value in this video, like, share, and comment below. Tell us which tycoon’s story you’d like to see next!
Disclaimer:
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The term "tycoon" utilized herein does not signify any formal title, official designation, or honorary status. It is employed solely to describe an individual of notable success or prominence within their respective field. The use of this term should not be construed as conferring any legal or official standing.
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Dr. Vivek Bindra is the Founder & CEO Of Bada Business Pvt. Ltd., One Of The Most Progressive Ed-Tech platforms in South East Asia. Know more: https://www.badabusiness.com
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