Thursday 19 July 2018

My dear fellow travelers,



My dear fellow travelers,

Greetings to you on this momentous occasion. Each one of us is the CEO of his own company. Size of our companies may be small or big, it does not really matter. All of us do ultimately share a similar dream.

Each one of us offers our individual markets a bouquet of services which the market has accepted in varying degrees but the fact remains that although our market is more or less captive, there are certain undercurrents which undermine the brand loyalty from our customers which all of us desire.

In the past, many or maybe even all of us have harbored ambitions of going global and have made enormous efforts in that direction; efforts which I must say have required expenditure of huge amount of resources and especially managerial talent. Needless to say that much of these efforts have often been directed against other corporations and even your own brethren in corresponding top management holding crucial positions in these entities. I am sure you will agree that all of us could benefit substantially if these resources and talents were to be channelized for serving our markets constructively.

We have seen a lot of technological developments in past few years that have enhanced our ability to serve our markets through vastly improved data collection and data analytics which have together enabled us to reach remotest corners of our markets. I feel time has now come to consolidate our position more and ensure that we can continue to serve our markets with more and more efficiency.

With that single agenda on my mind I have been holding one-on-one discussions with each of you and have received favourable responses. I now propose that all of us gathered here agree to restrict ourselves to the geographical markets each of us is dominant in and leave the other geographies to our fellow CEOs who may be better equipped to serve those.  

I am aware that this may appear to be a radical departure from the norms that we have been used to operating, but a little reflection may convince each of us that it would be an ideal solution to avoid the bitter marketing wars that we have been used to all these years. Let me not claim that this idea is my own. The conceptual framework for this was drawn up around seventy years ago by a little known political philosopher by the name of Eric Blair who had developed this theme in his concept paper painting an almost utopian scenario based on such an arrangement.

You may ask me why this radical departure from the time-tested routine of involving Chambers of Commerce which is a formal setting for such discussions. I cite the precedent that comes readily to my mind. In 1945, 3 CEOs of the then largest corporates met to discuss the future course of market at Potsdam. In the scenario drawn up by Eric Blair, he had predicted that such market segmentation would come to be a reality by 1984 but I think 2018 would not be a bad place to start towards it in real earnest. Better late than never. Vladimir, Li, Kim, Recep, I welcome you all to this momentous conference. Our critics in fake media have termed this as Despotsdam Conference. But let us not get distracted from our agenda. This is the greatest thing that has happened to Earth in millions of years. Let our journey to Utopia begin.

Donald
July 2018
    
Note to the reader: If you have read Eric Blair aka George Orwell’s “1984” you would have wondered how the situation depicted therein could possibly have arisen. Now you know.