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Marketing Excellence: Developing Strategic Marketing
     Skills With Advanced Marketing Simulations

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                                                      #CLOwebinar
Marketing Excellence: Developing Strategic Marketing
    Skills With Advanced Marketing Simulations
    Speakers:    Philippe Latapie
                 Partner, Managing Director
                 StratX International

                 Brennan Dell
                 Director, Marketing Talent and Capabilities
                 Dell

                 Sebastien Lamiaux
                 Director
                 StratX International

    Moderator:   Mike Prokopeak
                 Vice President, Editorial Director
                 Chief Learning Officer magazine




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                                                         #CLOwebinar
Marketing Excellence: Developing Strategic Marketing
    Skills With Advanced Marketing Simulations




                          Mike Prokopeak
                          Vice President, Editorial Director
                          Chief Learning Officer magazine




                                                     #CLOwebinar
Marketing Excellence: Developing Strategic Marketing
    Skills With Advanced Marketing Simulations
                         Philippe Latapie
                         Partner, Managing Director
                         StratX International


                         Brennan Dell
                         Director, Marketing Talent and Capabilities
                         Dell



                         Sebastien Lamiaux
                         Director
                         StratX International


                                                      #CLOwebinar
Marketing Excellence: Developing Strategic Marketing Skills
with Advanced Business Simulations




              Engaging Business Simulations
              Action Learning that Drives Growth
About StratX

                                                                     Our clients
                                                                     40 Fortune 500 companies
                                                                     have hired StratX.
                                                                     25 of the top 30 business
                                                                     schools in the world use
                                               STRATEGIC
                                                                     StratX simulations.
                                               THINKING              60+ countries around the
                                                                     world run StratX
                                            BUSINESS ACUMEN
                                                                     programs.

                                     Winning Behaviors
                                             that
                                       Drive Profitable
                                           Growth
                                                       COMMERCIAL
                            INNOVATION
                                                       & MARKETING
                            EXCELLENCE
                                                       EXCELLENCE

                                      CUSTOMER CENTRICITY

Our Mission
Enable leaders to drive profitable growth


                                                                                          8
Simulations Developed with Thought Leaders

                                 F. Simon
                            Columbia University
                                Professor
                              Biobrand Launcher
                           Simulation focused on new
                              marketing models in
                              biopharmaceuticals




      JC Larreche                                        C. Kim and R.
   Founder of StratX                                      Mauborgne
 and INSEAD Professor                                  INSEAD Professors
   Marktsrat simulation                                Blue Ocean Strategy
 and many others focused                                    simulation
   on customer centric                                 focused on customer
        strategies                                       value innovation




                                                                             9
Table of Contents


Why Marketing Excellence?

Dell example: how one leading company
is using a simulation-based approach to
develop its marketing know-how globally

Marketing simulations: what to expect and
where to begin

Q&A
Poll 1: Triggers of Marketing Excellence
Can you relate to the following challenges?

  Take the marketing function to the next level

  Differentiate in a maturing and competitive market

  Develop and retain marketing talent in global markets

  Help drive organic growth

  Maximize impact of upcoming launches

  Stimulate and orient innovation




                                                          11
Trends Affecting Marketing Excellence Initiatives


Marketing Excellence Initiatives seem more common now than 5 years ago
  The power of the customer is growing

  Markets are maturing and becoming more competitive

  Acquisitions and cost reductions are no longer sufficient

  Marketing’s role and impact on growth is increasing

  CMOs are in place in more organizations

  Customer insights can be the source of productive innovation, customer
  engagement and retention




                                                                       12
Two Levels of Marketing Excellence
                           2. Marketing as Leadership

                                            • To gain superior customer
                                External      understanding, capture
                                              customer insights, create
                               leadership     new markets, serve new
                                              customer segments




                                 Internal   • To motivate and enable the
                                              rest of the organization to
                               leadership     adapt and contribute



1. Marketing as a Profession

  Marketing excellence
 must develop marketing
  as a profession within
      the company

                                                                          13
Four Roles to Transform Marketing
     into a Strategic Function




      Source: Unleashing the Power of Marketing, HBR Review   14
StratX Approach




                  15
Table of Contents


Why Marketing Excellence?

Dell example: how one leading company
is using a simulation-based approach to
develop its marketing know-how globally

Marketing simulations: what to expect and
where to begin

Q&A
About Dell
Our Purpose
Delivering technology solutions that enable
people everywhere to grow and thrive



                                      We are a leading technology
                                       solutions provider for individual
                                       consumers through large
                                       enterprises in public and private
                                       markets

                                      100,000+ employees across 40
                                       countries with sales in 180
                                       countries worldwide

                                      Over 4000+ marketers worldwide
                                       in a cross-matrixed organization
                                       serving numerous customer
                                       segments and marketplaces


                                                                           17
The Situation in 2009

 Difficult global economy

 Company branding and purpose
  transformation

 Focus on people strategy




                                   18
Marketing Gaps

Initial State                           Desired State
• Little consistency in approach        • Ability to reach consensus
• Too tactical without factoring in     • Alignment to create effective strategy
  strategy                              • Simple, repeatable, scalable
• Analysis paralysis                      templates and tools
• Over indexing on options              • Evaluation of options & alternatives




                                                                               19
The Approach
   Background and objectives
     • Target population of 1500 senior staff
        marketers with goal to deploy to 35% per
        year
     • Program started early 2010 and has been
        held more than 30 times in North
        America, Europe, Asia and South America
   Course Overview
     • The program includes a 3-day live
        workshop format featuring:
           The use of a strategic simulation
             developed by StratX
           Conceptual sessions and frameworks,
             including processes
           Application toward real-world Dell
             business issues
                 Corporate Responsibility
                 Social Media
                 Marketing Talent & Capabilities
           Virtual version of the program
           Continuous innovation of content
             and tools
                                                    20
Impact
“This course gives a great first hand on experience on how to run a corporation.
  Essential for every function in Dell, to relate to their contribution to the
  organization. ”
“Best simulation I’ve had since business school.”
“Great simulation based program. Refreshes need of collaboration and
  stimulates strategic thinking. ”
“This is a must take course in the Dell training portfolio”




                                                                                   21
                                                                                   21
Results

 More strategic mindset among
 marketers
 Strengthening of peer network
 Ability to leverage wisdom of crowd




                                        22
Table of Contents

Why Marketing Excellence?

Dell example: how one leading company
is using a simulation-based approach to
develop its marketing know-how globally

Marketing simulations: what to expect
and where to begin

Q&A
Key Success Factors of a Marketing Excellence Initiative


   Top management support

   Strategic Perspective

   Top notch execution

   Constant monitoring and alignment

   Honing skills, shaping mindsets, inspiring behaviors




                                                          24
Poll 2: Experience with Simulations


Have you ever used a computer based simulation before?
  Yes

  No


If so, in which type of environment?
  Corporate

  University / Graduate School / MBA

  Other


                                                         25
Why a Simulation?
Learning                                                          RESULTS
 Impact

                                        Experience                ACTION
      Experience-based


                                                                  BELIEF

                            Case Studies
                      Group Exercises                          UNDERSTANDING

              Discussions                  • Sharpen skills
                                           • Apply tools/
           Lectures                          concepts           KNOWLEDGE
                                           • Test strategies
       Reading         Traditional         • Build teams



                         Level of Involvement
                                                                            26
27
The Simulation Process

            Strategy            Results
                                                            Company,
                                                            Competitor &
                                                            Market
                                          Analysis
                                                            Information


                                            Group
                                          Discussion
              Integration of skills,
              perspectives and
              creative ideas
                                           Strategy
                                                       Immediate Feedback
                                          Generation
                                                       from Simulation
Teams in indirect
competition
                                          Evaluation
Intensive teamwork
Practice strategic
analysis and                               Decision
decision making                            Making
skills


                                                                       28
Simulation Participants are Challenged to Formulate
& Implement Customer-Focused Growth Strategies

                  Customer Groups


                      Plan Strategy

                    Balance External &
                   Internal Perspectives

                   Resource Allocation

                     Implement and
                         Monitor



        Company                            Competitors



                                                         29
So How Do You Begin?


Define vision and objectives through a diagnostic

Audit existing programs, resources

Identify target audience, budget

Start incrementally

Encourage emerging practices and celebrate early
successes




                                                    30
Key Messages

Marketing Excellence is more than just discrete
marketing training programs

Marketing Excellence is about marketing leadership
that will
– Drive a customer-centric mindset throughout the organization
– Uncover new offerings and new market opportunities
– Be a key contributor to the growth of the company

Skills, mindsets and behaviors

Simulation can be valuable tool to jumpstart, reinforce or
accelerate

                                                                 31
Table of Contents


Why Marketing Excellence?

Dell example: how one leading company
is using a simulation-based approach to
develop its marketing know-how globally

Marketing simulations: what to expect and
where to begin

Q&A
Poll 3: Next Steps


I would like to:
  Receive a complimentary copy of Building Marketing
  Excellence article by StratX

  Receive a complimentary copy of the summary of
  The Momentum Effect by Jean-Claude Larreche

  Request a follow-up from StratX




                                                       33
Q&A




                            www.stratx.com

Brennan_Dell@Dell.com                          Philippe.Latapie@stratx.com

                    Sebastien.Lamiaux@stratx.com



                                                                      34
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Marketing Excellence: Developing Strategic Marketing Skills With Advanced Marketing Simulations

  • 1. Marketing Excellence: Developing Strategic Marketing Skills With Advanced Marketing Simulations You can listen to today’s webinar using your computer’s speakers or you may dial into the teleconference. If you would like to join the teleconference, please dial 1.408.600.3600 and enter access code 499 658 737 #. You will be on hold until the seminar begins. #CLOwebinar
  • 2. Marketing Excellence: Developing Strategic Marketing Skills With Advanced Marketing Simulations Speakers: Philippe Latapie Partner, Managing Director StratX International Brennan Dell Director, Marketing Talent and Capabilities Dell Sebastien Lamiaux Director StratX International Moderator: Mike Prokopeak Vice President, Editorial Director Chief Learning Officer magazine #CLOwebinar
  • 3. Tools You Can Use • Q&A – Click on the Q&A panel (?) in the bottom right corner – Type in your question in the space provided – Click on “Send.” #CLOwebinar
  • 4. Tools You Can Use • Polling – The poll will appear on the right side of your screen – Select the best option for each question – Click on “Submit” #CLOwebinar
  • 5. Frequently Asked Questions Will I receive a copy of the webinar recording? YES Will I receive a copy of the slides? YES Please allow up to 2 business days to receive these materials #CLOwebinar
  • 6. Marketing Excellence: Developing Strategic Marketing Skills With Advanced Marketing Simulations Mike Prokopeak Vice President, Editorial Director Chief Learning Officer magazine #CLOwebinar
  • 7. Marketing Excellence: Developing Strategic Marketing Skills With Advanced Marketing Simulations Philippe Latapie Partner, Managing Director StratX International Brennan Dell Director, Marketing Talent and Capabilities Dell Sebastien Lamiaux Director StratX International #CLOwebinar
  • 8. Marketing Excellence: Developing Strategic Marketing Skills with Advanced Business Simulations Engaging Business Simulations Action Learning that Drives Growth
  • 9. About StratX Our clients 40 Fortune 500 companies have hired StratX. 25 of the top 30 business schools in the world use STRATEGIC StratX simulations. THINKING 60+ countries around the world run StratX BUSINESS ACUMEN programs. Winning Behaviors that Drive Profitable Growth COMMERCIAL INNOVATION & MARKETING EXCELLENCE EXCELLENCE CUSTOMER CENTRICITY Our Mission Enable leaders to drive profitable growth 8
  • 10. Simulations Developed with Thought Leaders F. Simon Columbia University Professor Biobrand Launcher Simulation focused on new marketing models in biopharmaceuticals JC Larreche C. Kim and R. Founder of StratX Mauborgne and INSEAD Professor INSEAD Professors Marktsrat simulation Blue Ocean Strategy and many others focused simulation on customer centric focused on customer strategies value innovation 9
  • 11. Table of Contents Why Marketing Excellence? Dell example: how one leading company is using a simulation-based approach to develop its marketing know-how globally Marketing simulations: what to expect and where to begin Q&A
  • 12. Poll 1: Triggers of Marketing Excellence Can you relate to the following challenges? Take the marketing function to the next level Differentiate in a maturing and competitive market Develop and retain marketing talent in global markets Help drive organic growth Maximize impact of upcoming launches Stimulate and orient innovation 11
  • 13. Trends Affecting Marketing Excellence Initiatives Marketing Excellence Initiatives seem more common now than 5 years ago The power of the customer is growing Markets are maturing and becoming more competitive Acquisitions and cost reductions are no longer sufficient Marketing’s role and impact on growth is increasing CMOs are in place in more organizations Customer insights can be the source of productive innovation, customer engagement and retention 12
  • 14. Two Levels of Marketing Excellence 2. Marketing as Leadership • To gain superior customer External understanding, capture customer insights, create leadership new markets, serve new customer segments Internal • To motivate and enable the rest of the organization to leadership adapt and contribute 1. Marketing as a Profession Marketing excellence must develop marketing as a profession within the company 13
  • 15. Four Roles to Transform Marketing into a Strategic Function Source: Unleashing the Power of Marketing, HBR Review 14
  • 17. Table of Contents Why Marketing Excellence? Dell example: how one leading company is using a simulation-based approach to develop its marketing know-how globally Marketing simulations: what to expect and where to begin Q&A
  • 18. About Dell Our Purpose Delivering technology solutions that enable people everywhere to grow and thrive  We are a leading technology solutions provider for individual consumers through large enterprises in public and private markets  100,000+ employees across 40 countries with sales in 180 countries worldwide  Over 4000+ marketers worldwide in a cross-matrixed organization serving numerous customer segments and marketplaces 17
  • 19. The Situation in 2009  Difficult global economy  Company branding and purpose transformation  Focus on people strategy 18
  • 20. Marketing Gaps Initial State Desired State • Little consistency in approach • Ability to reach consensus • Too tactical without factoring in • Alignment to create effective strategy strategy • Simple, repeatable, scalable • Analysis paralysis templates and tools • Over indexing on options • Evaluation of options & alternatives 19
  • 21. The Approach  Background and objectives • Target population of 1500 senior staff marketers with goal to deploy to 35% per year • Program started early 2010 and has been held more than 30 times in North America, Europe, Asia and South America  Course Overview • The program includes a 3-day live workshop format featuring:  The use of a strategic simulation developed by StratX  Conceptual sessions and frameworks, including processes  Application toward real-world Dell business issues  Corporate Responsibility  Social Media  Marketing Talent & Capabilities  Virtual version of the program  Continuous innovation of content and tools 20
  • 22. Impact “This course gives a great first hand on experience on how to run a corporation. Essential for every function in Dell, to relate to their contribution to the organization. ” “Best simulation I’ve had since business school.” “Great simulation based program. Refreshes need of collaboration and stimulates strategic thinking. ” “This is a must take course in the Dell training portfolio” 21 21
  • 23. Results  More strategic mindset among marketers  Strengthening of peer network  Ability to leverage wisdom of crowd 22
  • 24. Table of Contents Why Marketing Excellence? Dell example: how one leading company is using a simulation-based approach to develop its marketing know-how globally Marketing simulations: what to expect and where to begin Q&A
  • 25. Key Success Factors of a Marketing Excellence Initiative Top management support Strategic Perspective Top notch execution Constant monitoring and alignment Honing skills, shaping mindsets, inspiring behaviors 24
  • 26. Poll 2: Experience with Simulations Have you ever used a computer based simulation before? Yes No If so, in which type of environment? Corporate University / Graduate School / MBA Other 25
  • 27. Why a Simulation? Learning RESULTS Impact Experience ACTION Experience-based BELIEF Case Studies Group Exercises UNDERSTANDING Discussions • Sharpen skills • Apply tools/ Lectures concepts KNOWLEDGE • Test strategies Reading Traditional • Build teams Level of Involvement 26
  • 28. 27
  • 29. The Simulation Process Strategy Results Company, Competitor & Market Analysis Information Group Discussion Integration of skills, perspectives and creative ideas Strategy Immediate Feedback Generation from Simulation Teams in indirect competition Evaluation Intensive teamwork Practice strategic analysis and Decision decision making Making skills 28
  • 30. Simulation Participants are Challenged to Formulate & Implement Customer-Focused Growth Strategies Customer Groups Plan Strategy Balance External & Internal Perspectives Resource Allocation Implement and Monitor Company Competitors 29
  • 31. So How Do You Begin? Define vision and objectives through a diagnostic Audit existing programs, resources Identify target audience, budget Start incrementally Encourage emerging practices and celebrate early successes 30
  • 32. Key Messages Marketing Excellence is more than just discrete marketing training programs Marketing Excellence is about marketing leadership that will – Drive a customer-centric mindset throughout the organization – Uncover new offerings and new market opportunities – Be a key contributor to the growth of the company Skills, mindsets and behaviors Simulation can be valuable tool to jumpstart, reinforce or accelerate 31
  • 33. Table of Contents Why Marketing Excellence? Dell example: how one leading company is using a simulation-based approach to develop its marketing know-how globally Marketing simulations: what to expect and where to begin Q&A
  • 34. Poll 3: Next Steps I would like to: Receive a complimentary copy of Building Marketing Excellence article by StratX Receive a complimentary copy of the summary of The Momentum Effect by Jean-Claude Larreche Request a follow-up from StratX 33
  • 35. Q&A www.stratx.com Brennan_Dell@Dell.com Philippe.Latapie@stratx.com Sebastien.Lamiaux@stratx.com 34
  • 36. Join Our Next CLO Webinar Driving Your Organization’s Culture by Building Learning Relationships for Mutual Benefit Thursday, March 22, 2012 CLO Webinars start at 2 p.m. Eastern / 11 a.m. Pacific Register at www.clomedia.com/events Join the CLO Network: http://network.clomedia.com/ #CLOwebinar