Overreacting to events, tackling symptoms rather than underlying fundamental problems and jumping to please the boss can prove fatal. Crippled marketing efforts can leave promising companies in the dust, or at least handicapped at the starting gate. Admired companies are leveraging Marketing Operations to improve performance and measure ROI as they refine their marketing organizations using an operational focus.
Marketing Operations (MO) is an emerging discipline with the potential to significantly increase performance and accountability in complex marketing organizations. It leverages a strong front-end infrastructure to reinforce marketing strategy and back-end programs and tactics. This article identifies the characteristics that signal your organization's readiness for MO.
Sales operations centre (SOC) is the heart of sales operations. Many companies do not realize the benefits of sales transformation because they under invest in SOC or do not plan & roll it out like a project. The result inconsistent sales reviews, inefficient controls and unrealized outcomes. In this white paper, Browne & Mohan consultants share the best practice approach to build a strong sales operations centre
Sensational Sales Management - The Key to a Winning Sales TeamAchieveGlobal
Gone are the days of numbers-driven dictators who motivate staff through intimidation or elaborate incentives. Instead, the most effective sales managers are multi-faceted - drawing on a number of diverse competencies to optimize their sales teams' performance.
Common Objectives Performance Management System for Not-for-profit and Public...Browne & Mohan
Designing Performance management system for government, public sector and not-for-profit organization is a daunting task. Many of these organizations pursue long-term programs and projects. Alignment of various groups, departments and individuals within each department is the need of the hour. However, many of these organizations suffer from functional silos and focus on financial measures only. Managing for results by directing right staff behaviour and initiative taking is not facilitated. In this paper Browne & Mohan consultants present a common objective approach that could be used to fix accountability, ownership and outcome based behaviour in public sector and non-profit organizations.
Marketing Operations (MO) is an emerging discipline with the potential to significantly increase performance and accountability in complex marketing organizations. It leverages a strong front-end infrastructure to reinforce marketing strategy and back-end programs and tactics. This article identifies the characteristics that signal your organization's readiness for MO.
Sales operations centre (SOC) is the heart of sales operations. Many companies do not realize the benefits of sales transformation because they under invest in SOC or do not plan & roll it out like a project. The result inconsistent sales reviews, inefficient controls and unrealized outcomes. In this white paper, Browne & Mohan consultants share the best practice approach to build a strong sales operations centre
Sensational Sales Management - The Key to a Winning Sales TeamAchieveGlobal
Gone are the days of numbers-driven dictators who motivate staff through intimidation or elaborate incentives. Instead, the most effective sales managers are multi-faceted - drawing on a number of diverse competencies to optimize their sales teams' performance.
Common Objectives Performance Management System for Not-for-profit and Public...Browne & Mohan
Designing Performance management system for government, public sector and not-for-profit organization is a daunting task. Many of these organizations pursue long-term programs and projects. Alignment of various groups, departments and individuals within each department is the need of the hour. However, many of these organizations suffer from functional silos and focus on financial measures only. Managing for results by directing right staff behaviour and initiative taking is not facilitated. In this paper Browne & Mohan consultants present a common objective approach that could be used to fix accountability, ownership and outcome based behaviour in public sector and non-profit organizations.
In a business global world, outsourcing is every day a real and successful management tool in all areas. This is a study of the impact of outsourcing and the competitive advantage that that brings in the Marketing area.
Hani is a Cairo-based growth hacker and business intelligence who creates socially-engaged projects and believes in creativity's power to help make the world more personal and human.
Marketing Agility: The Missing Metric?Shelly Lucas
Marketing agility isn’t just about doing things faster. It’s about being adaptable to abrupt shifts in customer needs and industry developments. In most cases, dialing up your nimbleness requires more than a team tune-up—usually, it requires nothing short of a transformation. Why, then, don’t CMOs measure their agility progress?
In this white paper, you’ll learn how and why marketers should consider measuring adaptability.
Wil je weten wat winnende sales organisaties onderscheid van de rest? Leer van de grootste sales best-practice study in zijn soort met 21.000 participanten wereldwijd van Miller Heiman.
Implementing lead management best practices through marketing automation reduces the cost of marketing, fills the sales pipeline faster with better quality leads, and grows revenue
Often times, corporate marketing departments find themselves between the proverbial rock and a hard place when it comes to developing a strategic marketing plan and bringing it to fruition. While the desire to design a well-thought out strategic marketing plan exists, resource and time constraints curtail companies from putting their marketing efforts in the strategic framework needed to guide them in carrying out their plans thereby ensuring success.
Performance Measurement in NGOs is a challenging task as they have both business and social obligations to meet. Traditional accounting measures may not suffice to capture and benchmark growth and other challenges of NGOs. In this paper, we enumerate some key performance measures that could be used by some practitioners.
Six Mistakes Companies Are Making Today And How You Can Avoid ThemFindWhitePapers
"Look for additional opportunities to use business intelligence to uncover value and drive
improvements. Consider advanced planning tools that can help close the gap between
strategy and execution. Expand the use of sophisticated what-if analyses to model the
operational and financial impact of multiple scenarios on revenue, costs, and cash flow."
Chapter 8 - SECRETS TO BUILDING A WORLD-CLASS BUSINESS THROUGH LEADERSHIP MAR...VINCE FERRARO
Do you dream of winning? Are you In It To Win It? There is an old saying that states:To the victor go the spoils. This saying originated from wars fought in ancient days - and meant that the victor got all the goodies! In today's competitive society, our desires and intentions are to be the best at what we do to win the prize - tangible or intangible. In fact, even the US Army used the slogan Be all that you can be as a motivator for recruits to join and excel.
Tom Hopkins, Author of How To Master The Art Of Selling & states that if you're going to do anything-small or large-why not do it to the best of your ability? Being the 'best' connotes drive, perseverance, leadership, success - factors that are valued by our culture, by which we are judged, and which make us feel good. Where does this take us? Well, we all want to be successful in our endeavors.
The Celebrity Expert® authors in this book have earned 'Blue Ribbons' in their respective fields of endeavor. They have succeeded in attaining their goals. Are you aspiring to be the best in your field? Are you planning to succeed? These Celebrity Experts® have blazed a trail that will show you the way and make it easier for you to succeed. They will show you how to avoid the pitfalls they encountered and, if you take advantage of their experiences, they will coach you to attain your desired goals. Experience suggests that readers of this book will be...In It To Win It.
In a business global world, outsourcing is every day a real and successful management tool in all areas. This is a study of the impact of outsourcing and the competitive advantage that that brings in the Marketing area.
Hani is a Cairo-based growth hacker and business intelligence who creates socially-engaged projects and believes in creativity's power to help make the world more personal and human.
Marketing Agility: The Missing Metric?Shelly Lucas
Marketing agility isn’t just about doing things faster. It’s about being adaptable to abrupt shifts in customer needs and industry developments. In most cases, dialing up your nimbleness requires more than a team tune-up—usually, it requires nothing short of a transformation. Why, then, don’t CMOs measure their agility progress?
In this white paper, you’ll learn how and why marketers should consider measuring adaptability.
Wil je weten wat winnende sales organisaties onderscheid van de rest? Leer van de grootste sales best-practice study in zijn soort met 21.000 participanten wereldwijd van Miller Heiman.
Implementing lead management best practices through marketing automation reduces the cost of marketing, fills the sales pipeline faster with better quality leads, and grows revenue
Often times, corporate marketing departments find themselves between the proverbial rock and a hard place when it comes to developing a strategic marketing plan and bringing it to fruition. While the desire to design a well-thought out strategic marketing plan exists, resource and time constraints curtail companies from putting their marketing efforts in the strategic framework needed to guide them in carrying out their plans thereby ensuring success.
Performance Measurement in NGOs is a challenging task as they have both business and social obligations to meet. Traditional accounting measures may not suffice to capture and benchmark growth and other challenges of NGOs. In this paper, we enumerate some key performance measures that could be used by some practitioners.
Six Mistakes Companies Are Making Today And How You Can Avoid ThemFindWhitePapers
"Look for additional opportunities to use business intelligence to uncover value and drive
improvements. Consider advanced planning tools that can help close the gap between
strategy and execution. Expand the use of sophisticated what-if analyses to model the
operational and financial impact of multiple scenarios on revenue, costs, and cash flow."
Chapter 8 - SECRETS TO BUILDING A WORLD-CLASS BUSINESS THROUGH LEADERSHIP MAR...VINCE FERRARO
Do you dream of winning? Are you In It To Win It? There is an old saying that states:To the victor go the spoils. This saying originated from wars fought in ancient days - and meant that the victor got all the goodies! In today's competitive society, our desires and intentions are to be the best at what we do to win the prize - tangible or intangible. In fact, even the US Army used the slogan Be all that you can be as a motivator for recruits to join and excel.
Tom Hopkins, Author of How To Master The Art Of Selling & states that if you're going to do anything-small or large-why not do it to the best of your ability? Being the 'best' connotes drive, perseverance, leadership, success - factors that are valued by our culture, by which we are judged, and which make us feel good. Where does this take us? Well, we all want to be successful in our endeavors.
The Celebrity Expert® authors in this book have earned 'Blue Ribbons' in their respective fields of endeavor. They have succeeded in attaining their goals. Are you aspiring to be the best in your field? Are you planning to succeed? These Celebrity Experts® have blazed a trail that will show you the way and make it easier for you to succeed. They will show you how to avoid the pitfalls they encountered and, if you take advantage of their experiences, they will coach you to attain your desired goals. Experience suggests that readers of this book will be...In It To Win It.
Rewiring sales organization for growth and scaleBrowne & Mohan
With markets becoming volatile and uncertain, shortening of products and commoditization, sales function is facing huge challenges. Companies need to rewire their sales organization to provide it with enough flexibility, visibility, actionable intelligence and ownership for employees. In this Whitepaper, Browne & Mohan consultants share how to rewire sales organization to set the company for revenue growth and scaling up.
Measured Marketing Lab November 2015 lecture at Boston University - College of Communications on the future of marketing and the rise of Marketing Operations as a role..
A Primer on Digital Marketing Goals - Challenges Faced by Digital MarketersRazi Salih
The process of implementing a digital marketing campaign for any business is one marked with triumphs and challenges, both unique and common.
Read more: https://www.razisalih.com/a-primer-on-digital-marketing-goals
Make marketing more productive by leveraging financial disciplines and strengths. Learn how in this 4-Step approach, with a case study to prove its effectiveness.
ARTWORK Markus Linnenbrink HOWTOSURVIVE, 2012, epoxy resin .docxrossskuddershamus
ARTWORK Markus Linnenbrink
HOWTOSURVIVE, 2012, epoxy resin
on wood, 13" x 17"
Spotlight
64 Harvard Business Review July–August 2014
SPOTLIGHT ON THE NEW MARKETING ORGANIZATION
Aditya Joshi is a partner at
Bain & Company, a leader in
the Customer Strategy and
Marketing practice, and the
head of the firm’s Marketing
Excellence area.
Eduardo Giménez is a
partner at Bain and a
member of the firm’s
Consumer Goods practice
in Europe, with a focus on
marketing organizations.
Decision-Driven
Marketing
Good decision processes break down silos
and improve performance. by Aditya Joshi
and Eduardo Giménez
Marketers have always had to build brands, create demand, promote sales, and help their companies earn custom-ers’ loyalty. But today’s turbulent environment means they must play critical new roles: They must be strate-gists, allocating scarce resources to support company priorities and increasing return on investment. They must be technologists, tracking and capitalizing on the most useful of the sophisticated technologies that are flooding their field. And they must be scientists, because the future of their business may not look much like the
HBR.ORG
July–August 2014 Harvard Business Review 65
requires a new mind-set for all the parties concerned
and a shared commitment to rethinking how deci-
sions are made and work is done. To be sure, some
companies will find that they need to consider orga-
nizational changes as well. But the decision perspec-
tive helps them establish a firmer foundation for any
restructuring and drives progress in the interim.
Typically, three categories of marketing-related
decisions cross organizational seams:
Strategy and planning decisions involve aligning
marketing goals with business and customer strat-
egies and aligning the priorities of marketing and
sales. These decisions typically address questions
such as:
• On which customer segments and product lines
should we focus marketing support?
• What is the optimal level of spending, and what
is the right allocation among vehicles and channels?
• What is the testing and learning plan?
Execution decisions, the marketer’s traditional
purview, are more challenging than they used to
be. A proliferation of marketing vehicles and digital
technologies has vastly increased the complexity of
creating and delivering messages and offers in an en-
vironment where ever-faster execution and relent-
less budget pressure are the norm. These decisions
include issues such as:
• Which product features should we highlight in
our marketing efforts?
• What incentives should we give customers to
get them to try or buy our offerings?
• What is the right mix of traditional and digital
marketing vehicles?
Operations and infrastructure decisions cover
all the new capabilities that are increasingly impor-
tant to marketing’s success. They address questions
such as:
• How will new marketing technologies and tools
be evaluated, boug.
A sneak preview of my latest thinking, in which I parallel Web 2.0 and Marketing Operations. I have not presented this work live as of 5/11/09.
See https://ClearAction.com
Jump-start your organization’s awareness of marketing effectiveness and efficiency improvement opportunities. Socialize your assessment results through this coffee table book with more than 2 dozen analyses and recommendations. Get insights on becoming more scalable, more flexible, and more competitive.
See https://ClearAction.com
7 ways Marketing Operations is your company's best bet to...
Ensure that success can be measured and replicated
Leverage systems and processes to enable consistently excellent performance
Run its marketing department more like a business.
Read more: https://ClearAction.com
Marketing Metrics, Technology, & Customer Experience: bringing it all together, presented by Lynn Hunsaker at the 2014 Marketing Operations & Technology Summit
While the average starting point for all #MarketingOps objectives included in this study was “practiced less than 50% of the time,” it is encouraging to note that the near-term expected performance target for all MO objectives is within the range of “practiced 79%-85% of the time.”
Value is what most things in business are about. And in #Marketing Operations, best-practice companies are reaping higher value as they evolve toward a more sophisticated scope for what Marketing Ops (MO) entails.
Marketing Operations to-date has focused primarily on marketing automation, return on marketing investment, and work flow management. Here's how to take it to the next level, with much stronger impact on all of Marketing's stakeholders internally and externally.
Examples of conscious integration of learning organization principles into Marketing are scarce. We’re just starting to acknowledge that we’re behind other organizational functions in our learning process.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
What is the TDS Return Filing Due Date for FY 2024-25.pdf
7 Deadly Sins of Marketing
1. 06 white paper
delivering the customer experience
Solving Marketing’s
Seven Deadly Sins
The emerging discipline of Marketing Operations can cut through many
of the barriers to efficient, strategic marketing teams and measurable ROI.
b
usy corporate marketing SiN #1: ill-Defined Metrics and missed opportunities to leverage
groups can be so focused on Today’s corporate marketing departments important but ownerless programs.
tactics and firefighting, they must justify their existence. The need to SOLuTiON: Marketing Operations
jeopardize their marketing measure results is inevitable. However, addresses resource limitations by ensur
investment. Overreacting the instincts and skills that make a cor ing that workload is effectively allocated,
to events, tackling symptoms rather than porate marketing professional great – a roles are clearly defined, interdependen
underlying fundamental problems and bias toward action, verbal and written cies are understood, team members feel
jumping to please the boss can prove fatal. acuity, and a talent for relationship build satisfied with their jobs and valued-added
Crippled marketing efforts can leave prom ing – often don’t translate into an ability or programs and associated resources can
ising companies in the dust or, at least, willingness to scientifically and objectively be justified to executive management.
handicapped at the starting gate. evaluate success.
Admired technology companies Broken systems and the unwilling SiN #3: Sketchy
are leveraging Marketing Operations to ness of the organization to pay for institutional Memory
improve performance and measure ROI as marketing measurement also conspire Successful marketing programs depend on
they refine their marketing organizations. against the effort to define meaningful accurate information, a historical view into
Marketing Operations is an emerging dis success metrics. past successes and failures, and the ability
cipline that increases efficiency and drives SOLuTiON: Marketing Operations to recognize patterns that link seemingly
consistent results in complex marketing ensures that correct processes are in unrelated data points.
organizations. It builds a foundation for place to establish meaningful metrics Unfortunately, in many marketing
excellence by reinforcing marketing strat at the front end of the marketing process, organizations, this crucial knowledge is
egy with processes, technology, guidance enabling success measurement processes scattered all over the company. It’s in the
(including rules of engagement, knowledge at key intervals and as each program heads of individual workers, on shelves, on
management, marketing intelligence and concludes. hard drives and in long-forgotten filing sys
best practices) and metrics. tems. Often, when people leave, a big piece
While Marketing Operations is uniquely SiN #2: Slammed resources of organizational knowledge goes with
suited to tackle marketing’s most challeng The prevailing attitude of “doing more with them. Information loss is a huge productiv
ing problems in Fortune 500 companies, less” can leave key people discouraged, ity killer for marketing teams, and trying to
you don’t have to be a Cisco or an Adobe overwhelmed and near burnout – eventu regain this lost insight wastes previous
to benefit. The following describes the ally, leading them to circulate their résumés. marketing investments.
seven deadliest marketing sins that plague For organizations, the consequences are SOLuTiON: Marketing Operations
companies of all sizes and how Marketing costly mistakes, high turnover and col facilitates knowledge sharing, creates an
Operations addresses them: lapsed programs when key people leave enduring repository of information and
encourages decision making based on fact,
by Gary M. Katz, Marketing Operations Partners rather than on hunches or gut feelings.
gARy M. KATz is cEO of Marketing Operations Partners (www.mopartners.com) and commPros group, SiN #4: Constipated Creativity
Inc. (www.commprosgroup.com). He is a 20-year marketing veteran with extensive experience directing The best creative solutions come from the
corporate marketing, strategic planning, change management, lead generation, public relations, collaboration of many brains. The age of
investor relations and employee communications programs. the “individual-contributor/director” has
p174 Perform: The Marketing 2.0 Standard
PME_Ch6_final.indd 174 5/1/08 4:19:18 PM
2. www.revenuetoday.com/perform/XXXXX
www.perform.mThink.com/XXXXX
www.perform.mThink.com/30160
led to constrained creativity. When the of marketing department failture, rather • Focus is instinctively on high-visibility
entire creative burden falls mostly on one than poor vendor performance. Unfortu marketing activities and C-level executive
corporate marketer, thinking out of the box nately, companies that have had consis requests over good fiscal management;
can be severely impacted. Creative synergy tently bad relationships with outside ven • Most marketing types are inclined
results from many minds thinking as one. dors and suppliers often react by bringing toward creativity rather than finance .
SOLuTiON: Marketing Operations everything in-house. While this strategy
enables the creative process to benefit may provide the illusion of control, it allows Poor budgeting processes and kludged
from the synergy of team. marketing managers to deflect the blame financial/marketing systems also contrib
for failures, rather than teaching them how ute to perpetuating this sin.
SiN #5: Dysfunctional Team to manage their outsourcig program by SOLuTiON: Marketing Operations
and Supplier relationships taking responsibility for the results. In addi facilitates implementation of the system
Team collaboration is a real challenge in tion, this “Band-Aid” strategy won’t scale support infrastructure and financial
stagnant, mature – and even dynamic – with the organization as it grows. management discipline needed to protect
organizations typically modeled on com SOLuTiON: Marketing Operations valuable marketing budgets.
petition, power and control strucures. Over helps set realistic expectations and mutual
reliance on legacy systems and tools also accountability between suppliers and SiN #7: inadequate
perpetuates this problem. At a Marketing the organization, thereby increasing the Marketing Portfolio
Operations symposium I attended, effectiveness of outsourced partners by Many companies align their fate with the
one MO leader at a large financial institu empowering them to act as an extension success of too few marketing programs,
tion proudly shared how his department of the internal team. whether it’s lead generation, public rela
was using Excel speadsheets to capture tions, trade shows or advertising. Over
knowledge that required more than 100 SiN #6: Poor Fiscal and reliance on any one particular program
columns in width. Many companies are Tactical Decision Making can derail a company, especially if a key
stretching the capabilities of everyday Budgets are never set in stone. Often, it’s a program unexpectedly loses momentum.
resources like Excel well beyond their “use it or lose it” situation. For some man In the meantime, programs that could have
intended capabiliies. This misuse of tech agers, it’s “misuse it and lose it anyway.” had strong leverage never get a chance
nology only perpetuates the siloed nature Unfortunately, many corporate marketing to prove their mettle and are forever
of organizations and the rampant overde departments end up leaving program relegated to the “B” list. Classic examples
pendency on individuals who closely pro budget on the table or allocating it to the include customer references, lead nurtur
tect their specialized knowledge as a source wrong initiatives. This “catch-22 marketing ing and leveraging investments in analyst
of power, potentially leaving the company budget dilemma” occurs because: research and consulting subscriptions.
in the lurch when they are unavailable or • It’s very time-consuming to manage the In addition, poor intelligence about
decide to leave the organization. Real col budget effectively, especially in compa program ROI creates a challenge in sustain
laboration and traceable decision-making nies with broken financial systems; ing the right marketing mix.
processes are fantasies in such companies. • Each marketing-spend decision creates SOLuTiON: Marketing Operations
Problematic supplier relationships are more work for the one-person or small puts the means in place to launch poten
also an indicator of trouble. Most success team marketing department in terms tially high-value marketing programs
ful companies can point to numerous of project management, measurement, that would otherwise never get out of
strong, long-term marketing supplier rela supplier management, etc.; the starting gate, and understand the
tionships they consider to be integral to • Doubt persists about the ability to contribution of each marketing program
their success. Likewise, a pattern of failed successfully justify the expenditure to in the context of the overall marketing
supplier relationships is often an indicator management; portfolio.
WiNNiNg COLLAbOrATiON
THE bOTTOM LiNE Implementing a Marketing Operations
program takes buy-in from key executives
In a nutshell, Marketing Operations is your company’s best way to: and the commitment of the entire market
• Ensure that success can be measured and replicated; ing team. However, considering the posi
• Leverage process, technology, guidance and metrics to enable consistently tive results and high return on investment
excellent performance; and experienced by Fortune 500 companies
• Run its marketing department like a fully accountable business. and those that wish to emulate them, it is
well worth the effort. n
www.perform.mThink.com p175
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