Lessons from Twenty-20 cricket- 2016
June 25, 2024
The T-20 World Cup is being played in India this month and it is non-stop entertainment time for all those who understand cricket and are passionate about it. There is a high level of interest and excitement, with endless debates around the toss, team selection, batting order, field placements and of course the umpiring decisions.
While the fans are gripped in a frenzy, it’s a good time to step back and see what lessons are there to be learnt from the T-20 format for those of us in the Corporate world.
Before we get into the lessons, let’s take a brief journey in time to the early days of cricket, often referred to as the gentleman’s game. Cricket is generally believed to have been first played in southern England in the 16th century. The first Test match was played in March 1877 between an English team and an Australian team. It would be almost another 100 years before the first ODI was played in January 1971 between Australia and England at the Melbourne Cricket Ground. When the first three days of the third Test were washed out officials decided to abandon the match and, instead, play a one-off one day game consisting of 40 eight-ball overs per side. Australia won the game by 5 wickets. After that it took another 34 years before the first international Twenty-20 match was played in February 2005, where Australia defeated New Zealand at Eden Park in Auckland.
And since then there has been no looking back. The T-20 format has taken the cricketing world by storm and has gained immense popularity over the last decade.
So what are the lessons that we can learn from T-20 which would be relevant for organizations in today’s world? I have tried to capture below 5 lessons:
- Expand your playground: The T-20 format [read Indian Premier League] came and converted cricket from a sport for the boys to a complete value-for-money family entertainer. This was done through carefully orchestrated marketing plans which included catchy advertising, music during the match, cheerleaders and what have you. T-20 has cleverly expanded the consumer base to maximize revenues. Organizations need to redefine their competitive set and play in a wider field. As we all know, the same Rs. 5 can be used to buy a bar of chocolate or a pack of biscuit or a bottle of fizzy drink or an ice-cream or even a samosa. Brands need to appropriately define their competitive set and accordingly devise their Marketing plans to drive revenues.
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