Coaching for Leaders

521: The Way to Earn Attention, with Raja Rajamannar


Listen Later

Raja Rajamannar: Quantum Marketing

Raja Rajamannar is Chief Marketing & Communications Officer for Mastercard, and president of the company’s healthcare business. He also serves as president of the World Federation of Advertisers. Raja has held C-level roles at firms ranging from Anthem to Humana, and has overseen the successful evolution of Mastercard’s identity for the digital age, from its Priceless experiential platforms to marketing-led business models.

Raja’s work has been featured in Harvard Business School and Yale School of management case studies, and been taught at more than 40 top management schools around the world. He is the author of Quantum Marketing: Mastering the New Marketing Mindset for Tomorrow’s Consumers*.

In this conversation, Raja and I discuss the reality that traditional advertising as we know it is ending. He also invites us to rethink how we’ve traditionally thought about customer loyalty. Instead of telling stories about our brands, we should be doing the work to create stories along with our customers.

Key Points
  • Organizations need to engage in permission-based marketing to be credible to consumers.
  • It’s helpful to think about relationships with consumers as affinity instead of loyalty.
  • Most of what we call advertising today is interruptive to consumers and a poor experience. It’s not entirely dead, but certainly heading that way.
  • Invite consumers into unique experiences by making the transition from storytelling to story making.
  • Create experiences that are scalable and economically viable and sustainable.
  • Smaller firms can seek out opportunities to create partnership that will help them make stories that are purposeful.
  • Resources Mentioned
    • Quantum Marketing: Mastering the New Marketing Mindset for Tomorrow’s Consumers* by Raja Rajamannar
    • Interview Notes

      Download my interview notes in PDF format (free membership required).

      Related Episodes
      • How to Lead Top-Line Growth, with Tim Sanders (episode 299)
      • Serve Others Through Marketing, with Seth Godin (episode 381)
      • Where to Start on Subscriptions, with Robbie Kellman Baxter (episode 484)
      • If You Build It, They Will Come (Dave’s Journal)
      • Discover More

        Activate your free membership for full access to the entire library of interviews since 2011, searchable by topic.

        ...more
        View all episodesView all episodes
        Download on the App Store

        Coaching for LeadersBy Dave Stachowiak

        • 4.8
        • 4.8
        • 4.8
        • 4.8
        • 4.8

        4.8

        1,393 ratings


        More shows like Coaching for Leaders

        View all
        The Look & Sound of Leadership by Essential Communications - Tom Henschel

        The Look & Sound of Leadership

        1,168 Listeners

        The Learning Leader Show With Ryan Hawk by Ryan Hawk

        The Learning Leader Show With Ryan Hawk

        1,337 Listeners

        Teaching in Higher Ed by Bonni Stachowiak

        Teaching in Higher Ed

        371 Listeners

        HBR IdeaCast by Harvard Business Review

        HBR IdeaCast

        158 Listeners

        Negotiate Anything by Kwame Christian Esq., M.A.

        Negotiate Anything

        719 Listeners

        How to Be Awesome at Your Job by How to be Awesome at Your Job

        How to Be Awesome at Your Job

        1,033 Listeners

        Worklife with Adam Grant by TED

        Worklife with Adam Grant

        9,116 Listeners

        Speak Up: Develop Your Executive Presence & Leadership Communication Style by Laura Camacho

        Speak Up: Develop Your Executive Presence & Leadership Communication Style

        95 Listeners

        Maxwell Leadership Executive Podcast by John Maxwell

        Maxwell Leadership Executive Podcast

        385 Listeners

        Inside the Strategy Room by McKinsey & Company

        Inside the Strategy Room

        176 Listeners

        No Bullsh!t Leadership by Martin G Moore

        No Bullsh!t Leadership

        127 Listeners

        The Anxious Achiever by Morra Aarons-Mele

        The Anxious Achiever

        573 Listeners

        Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

        Think Fast Talk Smart: Communication Techniques

        827 Listeners

        A Bit of Optimism by Simon Sinek

        A Bit of Optimism

        2,241 Listeners

        Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

        Coaching Real Leaders

        671 Listeners

        HBR On Leadership by Harvard Business Review

        HBR On Leadership

        168 Listeners