By
Ashish Anupam,
P. Anand,
Suniti Khastgir
and Shiladitya Saha |
An
overview of focused initiatives that have shaped the Tata Structura
brand and established it as a leader in the new-age structural materials
business
Abstract
This
article presents an overview of the initiatives taken by Tata Steel’s
Tubes SBU to establish the Tata Structura brand.
The
Steel hollow section's (Rectangular,Square and Circular) were being
manufactured and sold by the Tubes SBU for over the past ten years.
These sections did not possess a distinct brand identity and its
potential for growth had remained largely unutilised and unexplored.
However in the recent past a few key initiatives were taken resulting in
a paradigm shift in the way the structural business is conducted.
These
initiatives, commencing with the launch and repositioning of these
sections as Tata Structura have resulted in the brand being widely known
and respected by architects, engineers and construction professionals
across the country. New applications are being designed every day and
the brand appears poised for exponential growth.
One of
the key drivers of success of Tata Structura has been its “Opinion
leader management initiative”. This article provides an overview of the
process that was followed to devise and design the Influencer Management
Programme and also evaluates the impact of the activities undertaken.
Key Words
Steel
Hollow Sections, Usage, Opinion leaders, Influencers, AEC (Architects,
Engineers & Construction Professionals),Brand Management, Influencer
Management, Key Success Factor, Inform, Interact, Inspire.
Introduction
Tata
Steel’s Tubes SBU has been manufacturing Steel Hollow Sections for the
last ten years. While the Steel Hollow Section's business had been
growing at a 20% CAGR over the past five years, future aspirations
necessitated a paradigm shift in the way the business was conducted.
The market was at an inflexion point wherein acceptance of the product
was increasing with a corresponding increase in competitive intensity,
leveraging the gaps that had not been covered by us. The market was ripe
for consolidation. The need was to create a powerful brand and also
design initiatives to enhance the usage manifold.
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