Professional Documents
Culture Documents
Winning Market
Winning Market
THROUGH MARKET-ORIENTED
STRATEGIC PLANNING
The Strategic-Planning,
Implementation, and Control
Process
DEFINING THE
CORPORATE MISSION
Mission:
n What our business?
Four strategies:
n Build: question marks à stars
n Divest: dogs
The Strategic Planning Gap
Major Classes of Growth
Opportunities
Current New
Products Products
Market Development
à develop new markets for its
curent products.
how? Identify new geographic
markets
§ Product Development
à offering modified or new product
to current markets
how? New style, flavors, color, or
modified products.
Diversification
à new products for new markets
how? Start up or buy new
businesses
The Business Strategic-
Planning Process
STRATEGIC FORMULATION
n Differentiation
n Focus
(Michael Porter)
Two Views of the Value-Delivery
Process
The Marketing Management
Process
Analyzing Marketing
Opportunities
Developing Marketing
Strategies
Content:
n Executive Summary
n Current Marketing Situation
n Opportunity and issue analysis
n Objectives
n Marketing strategy
n Action programs
n Project profit and loss statement
n Control