Professional Documents
Culture Documents
Strategic Marketing
Management
Student activities /
Program / Assignments
Presentations.
Subject page
1. Student Weekly Activities:
. Theoretical part 3
. Practical part 4
2. Main items for Case Presentation 5
3. Tasks Counter team 7
4. Extensive Strategic (Marketing) Planning 8
process in 10-steps + table evaluation online
activities
12
5. Companies for Strategic Marketing Plan
13
6. Team information, schedule etc.
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IBMS & IMM; Strategic Marketing Management
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1 Student Activities MBIB-SMM-14, Theoretical Part
6 Full SWOT analysis & Divergency Team 5 L4A* : Porter: Operational effectiveness.
analysis (Strategic solutions). L4B* : Simons, Robert (2014). Choosing the right customer: The first
Chapter book: 6 step in a winning strategy. Harvard Business Review (March): 49-55.
L4C* : Porter: Operational effectiveness.
L4D* : Simons, Robert (2014). Choosing the right customer: The first
step in a winning strategy. Harvard Business Review (March): 49-55.
7 Marketing Planning & Team 6 L4A* : . Adner, R., & Kapoor, R. 2010. Value creation in innovation
implementation. Exam preparation. ecosystems: How the structure of technological interdependence
Chapter book: 7 affects firm performance in new technology generations.
L4B* : Aaker, (2012), Win the Brand Relevance Battle and then Build
Competitor Barriers California Management Review, Vol. 54, No. 2
L4C* : Adner, R., & Kapoor, R. 2010. Value creation in innovation
ecosystems: How the structure of technological interdependence
affects firm performance in new technology generations.
L4D* : Aaker, (2012), Win the Brand Relevance Battle and then Build
Competitor Barriers California Management Review, Vol. 54, No. 2
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Student Activities MBIB-SMM-14, Practical part
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IBMS & IMM; Strategic Marketing Management
© Hogeschool Utrecht: University of Applied Sciences Utrecht, 2014, This material is subject to copyright. Copies for own or internal use are permitted.
*) 6 Teams per class: 4-5 members / team, of which A1 = 2-3 persons (50%) & A2 = 2 persons (50%).
- Teams e-send the PPP or list with questions (CT) to the lecturer for evaluation.
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IBMS & IMM; Strategic Marketing Management
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NB: don’t forget the Core Competence (SCA) and list of Key Success Factors (hygienic versus visionary).
Step 5: forecast scenario’s: (world) market trend for 3 years planning, based on list of relevant factors;
resulting in ‘sunny / realistic / raining’ scenario.
Step 6: position in portfolio; according the MaBa and Space matrix (see detailed document), 5 forces of
Porter
Step 7 What is the Key problem via 3-4 steps of the SWOT-analysis (External analysis (meso & macro) &
Internal analysis)
Step 8: Full ‘divergency analysis’ (set of strategic solutions / options and the choice for best option, according
‘suitability, feasibility & acceptability evaluation criteria:
Step 9 Create a Blue Ocean, see excel doc.
Step 10: Determination of marketing goals per PM-combinations & determination of Marketing Strategy. See
Balanced Scorecard document, Marketing mix factors.
Step 11: Implementation Control, evaluation & feedback
(back to step 1.)
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. having relevant (related to the case
questions (>10 - 15) for the
presenting teams;
Company level: the organisation, SBU, Product market technology -combination, Product market combinations and/or the
Marketing mix.
Market level: world, region, country, market segment.
The strategic profile includes the steps 2 till 4.
Step 2: Business Definition (current and potential business) and Business Scope (current business)
‘In what business is the organisation in? In what business should the organization in?’
- What are the wishes and needs of customers and what are the problem solving’s and functions for
customers,
- the so-called ‘P’s’?
- Which are the market segments or target groups, the so-called ‘M’s’?
- What are the means or technologies to meet the needs of the customers, the so-called ‘T’s’?
What are our current business activities and what could be our future business activities?
What are the consequences for marketing?
The model of Abell is used to determine the business scope and business definition.
Step 3: Vision (What is the ambition of the organisation?)
- Existence in the future (Why?)
- Culture (values and norms) (How?)
- Mission (What)
Organisation strategies: generic (Porter) and/or customer value strategy (Treacy & Wiersema).
A part of the strategy is also the realisation and improving of sustainable competitive advantages and core
competences. Moreover, the organisation should analyse and meet the hygienic as well as the visionary
key success factors (KSF’s) .
The objectives and goals should be SMART. The objectives and goals vary:
- in timing, e.g. old and new;
- in period (long, mid and short term);
- in urgency, emergency planning (‘if…then’ – ‘what…if’);
- in level: strategic, tactic or operational.
*) Draw conclusions on the position in for instance : BCG, MaBa, strategy evaluation, bench mark comparison.
From the ‘comprehensive’ SWOT-table, the most relevant S, W, O & T are selected.
Strengths (S) Weaknesses (W) Opportunities (O) Threats (T)
1. 1. 1. 1.
2. 2. 2. 2.
3. 3. 3. 3.
4. 4. 4. 4.
Confrontation matrix
Determination of a number of strategic issues: opportunities issues (O/S) and problem issues (T/W)
Determination of key (core) problem:
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Evaluate and choose the best option, which meets the organisation objectives and goals, such as ROI.
If needed carry out additional market research for predicting the effect of implementation on e.g.: profitability,
reaction of competitors, cannibalisation etc. Evaluation by ++/+/0/ -/--
. Feasibility: by FOETSIE:
- - financial, e.g. ROI, CLV
- - organizational
- - economic
- - technological
- - social / strategic
- iustitia (juridical)
- ethics / ecological.
. Acceptability:
- shareholders
- relevant other stakeholders
Step 7: Modify Strategic Profile if needed (see also steps 2 till 4):
- change in vision
- change in business scope (PMT)
- determination of objectives and strategies for organisation or SBU in the long run
- change in the organisation structure, culture (internal and external)
- creation of new value curve; from ‘red ocean’ into ‘blue ocean’
- needed competences & capabilities in marketing and sales.
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IBMS & IMM; Strategic Marketing Management
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Setting budgets.
Step 9: Marketing mix
Price:
Price goals, e.g.:
- Price perception, price level, margin and sales growth, return on sales (ROS), safety margin, BEP, etc.
Promotion (Communication)
Personnel (staff):
Personnel goals, e.g:
- sales, volume, average order size, gross profit per customer, product or region, order score, presence, etc.
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IBMS & IMM; Strategic Marketing Management
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Step 10: Implementation
Who, what (activity plan), when, where, how long, etc.? Who is/are responsible?
**) Table: Evaluation Online activities: own company versus main competitor
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IBMS & IMM; Strategic Marketing Management
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in the organization?
10.To what extent is the organization omni- 10.
channel?
5. The Companies for the Strategic Marketing plan assignment is the company in the Harvard case
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6. Theoretical Part, SMM (6 teams per class and equal teams from size point of view!)
a.
b.
c.
d.
e.
(f.)
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IBMS & IMM; Strategic Marketing Management
© Hogeschool Utrecht: University of Applied Sciences Utrecht, 2014, This material is subject to copyright. Copies for own or internal use are permitted.