Case Study
Case Study
FINANCIAL STRUCTURE 14
ASSET MANAGEMENT 14
INCREDIBLE INDIA PROBABILITY MODEL 15
ALTERNATIVES 16
CONCLUSION 19
INTRODUCTION
In year 2013, minister of state for tourism in India is evaluating the future of the "Incredible
India" crusade. Initiated in the year2002, the campaign succeeded in transforming India into
a tourist destination, as a result bringing a growth of 16 per cent in the number of external
visitors.
Initially focused on culture and landscape, the campaign evolved to adopt such notions as
film, adventure, religious, medical and sports tourism on a yearly basis. In year 2007, the
advertising was strengthened to international arena with engagement in events in Berlin,
Cannes, London and New York.
Now uncertainties have multiplied. India has gained more know-how among and acceptance
from foreign tourists of distinct backgrounds, who now anticipate more differentiation in
the choices available. The tourism department of several Indian states and union territories
have started to embrace their own advertising campaigns to entice them. Can the Indian
tourism, which is predicated on a unified branding approach sustain its growth in future. Is it
more advantageous to modify to some system where distinct tourism products and regions
are branded distinctly
Evaluate the possible brand architect alternatives available to India and recommend the
strategic alternative that could be adopted as part of “Incredible India
The management/teams develops different options through which the problem can be
resolved. Many times, these options are already in hand with the management or re-
developed from the scratch through strong brain storming.
In typical situation, there are three options that are developed in by the organization to deal
with the given problem. The options developed entails and includes the maximum factor
that the organization should analyze or achieve, thus offering great value.
While developing The Alternative, the following factor are taken in account, in order to
develop the best alternative that may resolve the problem effectively.
Under the evaluation of alternatives, the pros and cons of the alternatives developed above
are gauged based on the benefits they offer to the organization and also the strengths the
carry that may help the organization in overcoming the problem. In addition to this, the
disadvantages of the alternatives entail the costs that are associated with implanting the
option, and thus required to be considered before the implementation process, in order to
avoid any mishap in future or during the implementation.
Under the Cost/benefit analysis of the alternatives, different factors such as cots,
competitive edge, market share, financial feasibility and human resource required are
considered to be the major factors of implementation. In addition to this, the careful and
deep consideration is given to the political, economic, social and other porter 5 forces and
pestle model so to understand the alignment of right alternative with maximum value and
weightage in resolving the problem.
Moreover, under the particular section, the decision criteria is also developed. The
particular decision criteria incorporate all the factors that the company aims to archives.
Such factors may include sales, profitability competitive edge, market share and other. Once
it is done, each alternate is compared against each other and with the decision criteria
develop, and are given different weightage. These weightages are given based on most
favourable to least favourable, and the option with most rating ultimately selected.
Also, during the evaluation process, the financial feasibility of the organization is also
considered and the drawbacks/weaknesses of the organization. This is important as it allows
the organization in meeting the ultimate goals and addressing the problem effectively.
Lastly, while doing the evaluation of Incredible India Evolution Of Brand India alternatives, it
is important to quantify the options through different techniques. Though in many cases, it
is difficult to analyse the feasibility of the options especially the intangible factor, however,
quantifying the maximum option is important, in order to develop a clear image and
understanding of option that will address the problem.
Perhaps, it is important to involve other members to take the active feedback on the
alternatives, in order to gauge the value of the alternatives and the value it may offer to the
organization in the long-term. The open discussion and review from past enables to see
more clear picture of the ultimate outcomes, leading to better implementation and
selection of the right alternative.