The Halo Effect Around Prashant Kishor

prashant kishor

Prashant Kishor is currently the most famous backroom boy in Indian politics. To put it euphemistically, he is currently India’s most famous political strategist who helps Indian politicians win elections.

He helped Narendra Modi win the 2012 Gujarat state assembly elections and the 2014 Lok Sabha elections. In 2015, he helped Nitish Kumar win the Bihar state assembly elections. Given this success, currently there is a “halo effect” that has been built around Kishor, in the media.

The Bharatiya Janata Party fought the Bihar elections under the leadership of Narendra Modi. Modi was the main campaigner for the party, in the run-up to the election. The party lost badly in Bihar. Given this, Kishor is now seen as the man who first scripted Modi’s rise and then his fall. He is seen as the man who can do nothing wrong.

As Phil Rosenzweig writes in The Halo Effect…and the Eight Other Business Delusions That Deceive Managers: “Once people…believe the outcome is good, they tend to make positive attributions about the decision process; and when they believe the outcome is poor, they tend make negative attributions.”

How does this apply in Kishor’s case? Kishor has been a part of three successful election campaigns in India. Also, more than the 2014 Lok Sabha triumph, the 2015 win in Bihar has given an aura of invincibility to him, which is nothing but the positive attribution that Rosenzweig talks about.

Nevertheless, Kishor has just been a part of three successful elections in India, up until now. The point being that the sample size is very small. And small samples do give extreme results, as has been the case with Kishor.

As Nobel Prize winning psychologist Daniel Kahneman writes in Thinking, Fast and Slow: “Large samples are more precise than small samples. Small samples yield extreme results more often than large samples.”

What this means is that Kishor needs to be a part of more election wins till the tag of invincibility is ascribed to him. Also, until now he has had to hard-sell leaders like Modi, Kumar and Lalu Yadav, who were strong brands on their own.

In fact, the Bihar election win was more about Kumar and Yadav coming together, than anything else. The BJP did very well in 2014 Lok Sabha elections in Bihar because Kumar and Yadav fought the elections separately.

Of course, Kishor deserves credit for building a coherent marketing message around Kumar and Yadav, who are very distinct personalities.
Kishor’s real challenge will come in the state assembly elections in Uttar Pradesh and Punjab in 2017, where he will help the Congress party. The Congress has six members in a house of 404, in the Uttar Pradesh assembly. In Punjab it has been out of power for a while.

In these two states Kishor will have to construct a marketing message around Rahul Gandhi and the Gandhi family.  And this is where his real challenge will lie. Despite having been in active politics for close to twelve years now, Gandhi remains a weak leader and weak brand, who is not taken very seriously, in large parts of the country.

Will Kishor be able to rescue Gandhi and the Congress party? It is difficult to see the Congress party reviving in Uttar Pradesh. In Punjab, perhaps they stand a chance. Predicting how politics and elections go, is a difficult job. But one thing can be said here nonetheless, Kishor’s invincibility will surely take some beating in the days to come.

As Leonhard Mlodinow writes in The Drunkard’s Walk—How Randomness Rules Our Lives in the context of corporate executives: “Executives’ winning years are attributed to their brilliance, explain retroactively through incisive hindsight. And when people don’t succeed, we often assume the failure accurately reflects the proportions which their talents and their abilities fill the urn.”

Come 2017, something along similar lines will happen with Kishor as well. The media which is currently busy talking about his invincibility, will be busy writing about his weaknesses.

(Vivek Kaul is the author of the Easy Money trilogy. He can be reached at vivek.kaul@gmail.com)

The column originally appeared in the Bangalore Mirror
on March 16, 2016

Advertisements

About vivekkaul
Vivek Kaul is a writer who has worked at senior positions with the Daily News and Analysis(DNA) and The Economic Times, in the past. He is the author of the Easy Money trilogy. Easy Money: The Greatest Ponzi Scheme Ever and How It Is Set to Destroy the Global Financial System , the latest book in the trilogy has just been published. The first two books in the trilogy were published in November 2013 and July 2014 respectively. Both the books were bestsellers on Amazon.com and Amazon.in. Currently he works as an economic commentator and writes regular columns for www.firstpost.com. He is also the India editor of The Daily Reckoning newsletter published by www.equitymaster.com. His writing has appeared across various other publications in India. These include The Times of India, Business Standard,Business Today, Business World, The Hindu, The Hindu Business Line, Indian Management, The Asian Age, Deccan Chronicle, Forbes India, Mutual Fund Insight, The Free Press Journal, Quartz.com, DailyO.in, Business World, Huffington Post and Wealth Insight. In the past he has also been a regular columnist for www.rediff.com. He has lectured at IIM Bangalore, IIM Indore, TA PAI Institute of Management and the Alliance University (Bangalore). He has also taught a course titled Indian Economy to the PGPMX batch of IIM Indore. His areas of interest are the intersection between politics and economics, the international financial crisis, personal finance, marketing and branding, and anything to do with cinema and music. He can be reached at vivek.kaul@gmail.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: