1<!DOCTYPE html>
2
3Anonymous
4/bestp
5/bestp/domrep.nsf
6BE7228CCCCB2B98985256EE5005E434D
8
9
10
11
12
13
140
15
16
17/bestp/domrep.nsf/products/the-growing-role-of-corporate-marketing?opendocument
18
19opendocument
2034.229.24.100
21
22
23www.best-in-class.com
24/bestp/domrep.nsf
25DB




Products & Services Sales and Marketing Marketing Management Designing Marketing Strategies CRM Strategies Consumer Relationships

The Growing Role of Corporate Marketing

DB Image

ID: 4702


Features:

Graphics


Pages/Slides: 33


Published: Pre-2014


Delivery Format: Online PDF Document


 

License Options:
close

Single User: Authorizes use by the person who places the order or for whom the order was placed.

Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.

Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.




Buy Now

 

919-403-0251

  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • SPECIAL OFFER
To download a free excerpt of some of the findings in this document click here: http://www.best-in-class.com/de187.ad

Study Overview

To survive in the dynamic, global e-economy, companies must understand the structures, skill sets, technology, and performance measurements that drive marketing productivity. Today, more than ever before, companies’ future growth and profitability depend on their marketing success. Corporations can use the information in this document to make adjustments in the company's structure and objectives, reflecting the increased importance and prioritization of marketing. This 33-page document details the way marketing executives from benchmark partners explicitly defines its marketing roles and responsibilities, employ marketing performance measurements, and coordinate marketing functions under a centralized CMO in order to maintain high-performing marketing organizations.

Key Topics

  • establishing foundation of corporate marketing strategy
  • transitioning from a product-driven to a market-driven organization
  • facilitating communication and knowledge sharing throughout the organization
  • implementing a global brand planning process
  • coordinating marketing functions under a centralized CMO
  • employing marketing performance measurements that guide refinement of integrated marketing strategies


Sample Best Practices
  1. Empower the centralized marketing organization to avoid disputes with local markets and achieve economies of scale.
    *Marketing organizations must continually balance local market needs with global standards. The marketing organization must authoritatively decide when local markets simply cannot change or tailor a corporate marketing plan. If these guidelines are not clear, the company will have constant disputes between local and corporate marketing groups, losing marketing focus and millions of invested dollars by allowing business units to develop different marketing plans.
  2. Build an executive marketing council to facilitate communication and knowledge sharing throughout the organization.
    *Company A developed a marketing council comprised of key marketing executives and thought leaders from all of its business units. Every two months, the Council convenes for regularly scheduled daylong meetings to discuss marketing strategies, new initiatives and key ingredients for regional marketing plans. Impromptu meetings may also be called to discuss urgent, unexpected business or customer developments.


Methodology

This research originated from a Best Practices, LLC consulting project. It was conducted for a client and was based on interviews, database research, literature reviews, on-line data searches, conference proceedings, professional journals and books, academic research, and analysis of past Best Practices, LLC consulting assignments.


Industries Profiled:
Automobile; Manufacturing; Consumer Products; Distribution; Chemical; Pharmaceutical; Computer Software; High Tech; Computer Hardware; Computers; Medical Device


Companies Profiled:
Ford Motor Company; Pepsi; DuPont; SAS Institute; Pitney Bowes; Xerox; Hewlett-Packard; General Motors; 3M; Caterpillar

If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.