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MARKETING STRATEGY O.C. FERRELL • MICHAEL D. HARTLINE

MARKETING STRATEGY O.C. FERRELL • MICHAEL D. HARTLINE. 11. Marketing Implementation and Control. The Link Between Strategic Planning and Implementation Interdependency Evolution Separation. Strategic Issues in Marketing Implementation (1 of 2). Southwest: Improving Customer Service.

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MARKETING STRATEGY O.C. FERRELL • MICHAEL D. HARTLINE

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  1. MARKETING STRATEGYO.C. FERRELL • MICHAEL D. HARTLINE 11 Marketing Implementation and Control

  2. The Link Between Strategic Planning and Implementation Interdependency Evolution Separation Strategic Issues inMarketing Implementation(1 of 2)

  3. Southwest: Improving Customer Service

  4. Strategy and Implementation:A Two-Way Relationship Exhibit 11.1

  5. Discussion Question • Forget for a moment that planning the marketing strategy is equally as important as implementing the marketing strategy. What arguments can you make for one being more important than the other? Explain your answers.

  6. The Separation ofPlanning and Implementation Exhibit 11.2

  7. The Elements of Marketing Implementation Shared Goals and Values Marketing Structure Systems and Processes Resources People (Human Resources) Employee selection and training Employee evaluation and compensation policies Employee motivation, satisfaction and commitment Leadership Strategic Issues inMarketing Implementation(2 of 2)

  8. Home Depot Employees

  9. The Elements ofMarketing Implementation Exhibit 11.3

  10. Implementation By Command Implementation Through Change Implementation Through Consensus Implementation as Organizational Culture Approaches to Marketing Implementation

  11. Marketing Strategy in Action • Chrysler Corporation’s acquisition of Jeep/Eagle was a critical step in the process of rebuilding Chrysler. • How can an implementation through change strategy alter the success of a company? Can you think of other mergers/acquisitions that improved the company’s competitive position?

  12. Discussion Question • If you were personally responsible for implementing a particular marketing strategy, which implementation approach would you be most comfortable using given your personality and personal preferences? Why?

  13. The Internal Marketing Approach Goals of Internal Marketing (1) Help employees understand their roles (2) Create motivated and customer-oriented employees (3) Deliver external customer satisfaction The Internal Marketing Process Internal Customers External Customers Putting Internal Marketing Into Action Internal Marketingand Marketing Implementation

  14. The Internal Marketing Process Exhibit 11.5

  15. Discussion Question • What do you see as the major stumbling blocks to the successful use of the internal marketing approach? Given the hierarchical structure of employees in most firms, is internal marketing a viable approach for most organizations? Why or why not?

  16. Four possible causes of differences between intended strategy and realized strategy: (1) The marketing strategy was inappropriate or unrealistic. (2) The implementation was inappropriate for the strategy. (3) The implementation process was mismanaged. (4) Substantial changes occurred in the environment between development and implementation. Evaluating and ControllingMarketing Activities

  17. A Framework for Marketing Control Exhibit 11.6

  18. Input Controls Recruiting, selecting, and training employees Resource allocation decisions Process Controls Commitment to the strategy System for evaluating and compensating employees Output Controls Formal performance standards Marketing audits Formal Marketing Controls

  19. Employee Self-Control Employees manage their own behaviors Establish personal objectives and monitor results Social Control Standards, norms, and ethics found in workgroups Peer pressure causes employees to conform Cultural Control Behavioral and social norms of the entire firm Shared values throughout the firm Informal Marketing Controls

  20. Basic steps in creating a schedule and timeline: (1) Identify the activities to be performed (2) Determine the time required to complete each activity (3) Determine which activities must precede other activities (4) Arrange the proper sequence and timing of all activities (5) Assign responsibility Scheduling Marketing Activities

  21. A Hypothetical 3-MonthMarketing Implementation Schedule Exhibit 11.8

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