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Marketing |
The article, entitled "Six Types of Marketing Organizations: Where Do You Fit In", is based on a study by Booz Allen Hamilton and the ANA (Association of National Advertisers) with the purpose of identified six basic types of "marketing organizations" contained by companies. I found it to be a fascinating and intuitive look next to the meaning of making certainly the marketing function aligns with what did you say? The problem really needs.
According to the article, the six types of marketing "organizations" (i.E. The marketing group, systems and processes inside a problem and the activities they perform) are as follows:
1. Growth Champion. Marketing drives strategy next to the senior level and acting a major role in generating revenue and leading contemporary result and problem development.
2. Senior Counselor. Although still functioning next to the strategic level, marketing serves as more of an advisor to the head of the company than a formulator of company-wide strategy.
3. Brand Foreman. Functioning in a more of tactical role, marketing focuses on on condition that various services to support the company's brands. This can include increasing communications strategies and creative initiatives, as well as campaign execution.
4. Growth Facilitator. Similar to the growth champion, except for now marketing essentially wires other major functions more exactly than initiating and leading strategy on its own.
5. Best Practices Advisor. Marketing serves as more of a tactical bludgeon whose primary resolve is to help apiece problem thing pull off most effectiveness in their marketing pains.
6. Service Provider. Marketing acts much like an outside vendor, on condition that advertising, promotions, free relations and other marketing services to the company's problem units and result teams as wanted.
The danger, warns the article, is with the purpose of the majority marketing organizations believe they cover all these functions, what time in information they really play simply solitary. Since a end result, in attendance is often a major disconnect flanked by what did you say? The problem needs from the marketing function and what did you say? It really gets.
The fundamental to resolving this dilemma falsehood in answering three derogatory questions:
1. What type of marketing organization at this time exists in your company?
2. What type of marketing organization needs to exist in your company (based on your strategic goals, price proposition and the coming direction of your business)?
3. How figure out you appropriately align the marketing team so with the purpose of #1 and #2 are the same?
A Simple Test
What I really liked approaching the article was with the purpose of it incorporated a link to the Booz Allen/ANA Marketing Profiler, a undersized questionnaire with the purpose of identifies your marketing organization's current profile and offers recommendations in support of your emotive your marketing organization closer to somewhere it needs to be. Taking part in addition, the profiler offers income and readings (based ahead your profile) to help put into words the proper strategy in support of this "migration path."
I took the profiler in support of Townsend, Inc., and found it to be quite accurate (we came not at home as "Growth Champions") in its assessment of our current marketing function. Supplementary weighty, the recommendations presented to get better our marketing organization were inert on. They helped focus my thinking in several weighty areas and durable a pair of initiatives we control recently begun. For illustration:
* Recommendation: Develop metrics and decision tools (such as marketing ROI) to determine the performance of entity products, channels and segments.
* Lesson learned: At Townsend, we need to figure out a better job of measuring our marketing ROI. We control already happening down with the purpose of road by shifting primarily to turn marketing and Internet marketing, which be supposed to promote to it easier in support of us to track and determine results.
* Recommendation: Don't keep all decision-making authority next to the CMO (Chief Marketing Officer) level. Instead, allocate these "decision rights" to appropriate levels of the organization to ensure accurate, rapid and incessant responses to service wishes
* Lesson learned: This was a lovely reminder with the purpose of we need to persuade our inner teams more involved in the marketing process so they can help first-class somewhere we vision and ensure with the purpose of we generate the exact kinds of clients in support of Townsend.
* Recommendation: Make certainly your capabilities are appropriately aligned with both the marketing agenda and the CEO's priorities. Understand exactly what did you say? Skills are compulsory in entity areas.
* Lesson learned: If we're available to bazaar through the Internet, we need to build inner Web-based marketing skills as quickly as workable.
* Recommendation: Involve other executive areas (operations, result development, finance, sales) beforehand in the process of making marketing reserves
* Lesson learned: Again, a lovely reminder to persuade our inner teams more involved in how we bazaar as an organization.
The Rise of Samsung
It might be relaxed to dismiss this kind of assessment as an attractive but not especially valuable employment. Before burden so, however, consider what did you say? Assessing their marketing organization did in support of Samsung.
According to the "strategy+business" article, Eric Kim took finished as associate president of international marketing in support of Samsung in 1999, merely as the company embarked on a contemporary strategy to operate from "a low-cost producer of electronics, sold primarily under the brand names of its OEM customers, to a manufacturer of high-end digital products." This represented a gigantic and very challenging lift in support of the company, solitary with the purpose of might have an advantage to failure on a massive magnitude if all the proper elements were not in place.
Upon analyzing the skills, arrangement and central competencies of his marketing organization, Kim quickly realized they did not align with the contemporary direction. He so therefore spent five years alternative Samsung's complete marketing organization so with the purpose of it more carefully matched the firm's newly identified needs.
The end result?
Last day, Samsung became the world's 21st the majority valuable brand (according to the Business Week/Interbrand 2004 rankings), simply solitary catch a glimpse of behind the vaunted Japanese electronics giant, Sony. While many factors contributed to this impressive enlargement, increasing the exact kind of marketing organization unmistakably played a major role in elevating Samsung to its current sit as solitary of the world's elite brands.
So -- what did you say? Kind of marketing organization figure out you control? And more weighty, does it carry what did you say? Your organization needs?
To learn not at home, take the Booz Allen/ANA Marketing Profiler. I plus suggest evaluation the article to persuade a plump understanding of the concepts involved. You possibly will discover with the purpose of you're marketing organization is exact on track with somewhere it needs to be. Or you possibly will learn not at home with the purpose of you're irritating to throb a curved hook into a rectangle void.
Either way, my suppose is you'll learn it period well spent.