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MarketCulture Blog
The MarketCulture Mentor is our web resource for clients and partners. A strong market culture requires a certain level of agility, which is why we provide you this remote service, enabling you global online access to key documents and tools.
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Published online in Wiley InterScience - Employment Relations Today - 2008 Wiley Periodicals 2008.
CEOs Take Heed: Studies Show That Market Culture Matters More Than Other Strategies. Accepted for publication in IndUS Business Journal Summer 2008.
Printed in CMO Council's monthly newsletter, Marketing Magnified December 2007.
This white paper covers the topic of lifetime value of customers as a critical financial metric for customer focused businesses to guide their investment in customers.
Published in Strategy & Leadership Vol. 36 No. 5 2008, pp. 28-33, Emerald Group Publishing Limited.
32% - Nearly a third of a firms performance is explained by market-driven behaviors, that's how important. This paper presents you the simple arithmetic behind the most reliable source of success.
Getting new customers costs a fortune. Losing them can send you broke. There is only one measure of customer focus and that is customer loyalty. When you fail so does profitability, and your competitors triumph. But this need not be so. Your whole organization, not just your 'customer facing departments' exist to provide value for customers. This requires complete customer focus immersion.
Printed in the February 11, 2008 issue of BtoB, the Magazine for Marketing Strategists.
Six Steps to Becoming a Market-Focused, Profit Generator That Delivers Customer Value. Accepted for publication by CEO Refresher - March 2008.
Learn more about the new imperative metric for 2012. The Market Responsiveness Index tells you how to measure Market Sense-Ability and what impact it has on your business.
87% of Boards of Directors are not creating adequate value for shareholders. To reverse this trend, Directors must identify the central creator of business value and help top management leverage it.
Can HR Executives play a role in building a company that consistently outperforms its competitors? Is there a fundamental human resources difference between top performing firms and laggards? Can the HR Executive lead the CEO to the breakthroughs required to succeed in the new environment? The answer to these questions is a definitive "yes."
This new white paper underscores some of the most important organizational challenges facing senior executives in 2012, and how companies like Apple differentiate themselves based on corporate culture.
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59m:00s - Part 1 of 5 in SVAMA Market-Driven Leadership Series - Sponsored and Moderated by MarketCulture Strategies.
1h03m:16s - Part 3 of 5 in SVAMA Market-Driven Leadership Series - Sponsored and Moderated by MarketCulture Strategies.
00h47m:05s - Part 5 of 5 in SVAMA Market-Driven Leadership Series - Sponsored and Moderated by MarketCulture Strategies.
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57m:11s - Special SVAMA Webinar Sponsored and Moderated by MarketCulture Strategies.
58m:39s - Part 4 of 5 in SVAMA Market-Driven Leadership Series - Sponsored and Moderated by MarketCulture Strategies.
58m:44s - Part 2 of 5 in SVAMA Market-Driven Leadership Series - Sponsored and Moderated by MarketCulture Strategies.
Ericsson went through a significant Customer Focus transformation a number of years ago. In this video series, Steve describes how Ericsson refocused its business, his view on Customer Focus, and the role of executive training.
CMO at the time of the first MRI implementation, Charles was getting frustrated with the various cultures in Franke's different businesses. Of specific concern was their lack of customer focus and the resulting slip in business performance. Two MRI assessments later, his organization is aligned, and business performance has improved.
Understanding the relationship with the customer and what they need comes from understanding that we are not selling "stuff", we're delivering on what the "stuff" provides.
David describes the new competitive pressures that were facing Orica while servicing a highly diverse customer base, and what he did to make a change.
Allen Medical is a manufacturer of patient positioning products with more than 100 employees. They have taken the MRI twice over an 18 month period and undertaken a number of initiatives to improve their business as a result.
Over the course of two years, CFO John Stanhope has lead his 2,400 employees through a culture transformation. Using the CRI tool, the Value Service Culture initiative resulted in annualized gains and savings of $15 mil; $55 mil created in business value.
Speedo faced the gloomy prospect of declining market share due to an obsolete production oriented business culture. Tim's leadership as the Marketing Director resulted in revitalizing Speedo to become a more customer focused and relationship oriented company. In these two videos, Tim offers his perspectives on the process and provides advice to other marketing leaders.
Darren describes the unique role of Corporate Security and Investigations (CSI) inside Telstra and the impact of the Value Service Culture (VSC) change initiative on his team, the approach taken, and how it was measured using the CRI.
"Marketing has over the years come to be perceived as an expense versus a generator of growth, revenue and prosperity.... I think the biggest challenge for a marketing executive is to get a seat at the table and truly be perceived as a strategic partner... turn marketing into a tangible business investment".
Katie describes Intel's marketing approach as an 'ingredient product', and how the organization has to evolve as the brand expands its market range far beyond the PC, their customer focus initiatives and training, and general advice to marketing exellence.
"The most important capability for our team is really that of influence, and being able to make a business case for an investment, to help executives and line of business general managers understand the value of particular marketing investments".
"I've been talking to our senior executives, and they start describing to me what they want our enterprise marketing to look like, how do we want the behaviors to be different, and then backing up from that we start to do skills assessments".
"[With our training] ...there came a time where we realized that putting butts in the seats wasn't the best metric...we needed to get better aligned with the senior officers - were we really meeting the needs of the business?".
John Konsin, President and CEO of RS Medical, discusses the drivers behind performing an MRI, how it came to fruition and the benits of receiving the results.
John Stanhope, Chief Financial Officer and Director of Telstra Corporation, Australia. John is driving a value service culture with his 2,400 employees.
18 months, two MRI benchmarks, and one important adjustment toward current customers: Learn how it resulted in 30% growth - in an industry marred by layoffs and retreat - for an innovative medical devices company and its entrepreneurial general manager.
MCS developed an innovative and effective marketing excellence program that targeted critical marketing capabilities required to drive business results. "I wanted to elevate Marketing to strategic partner status inside the business as a crucial element to driving growth." -Doug Biehn, Vice President, Corporate Marketing, Blue Shield
How the Market Responsiveness Index turned organizational turmoil and decline into market re-alignment, renewed strength and sales and profit growth after a series of missteps and an economic downturn.
Speedo was a strong brand, but manufacturing-oriented rather than market-focused. The MarketCulture team worked closely with the marketing director and his marketing team, and a broad section of the executive team to create the mindset and skills needed to turn the company around. Results included growth in market share, profit margins and the development of new market segments.
The CFO of a 2,400 employee finance group faced with bureaucracy run amok, leads a critical 'cultural transformation' to become customer-centric (utilizing our CRI assessment). The solution was surprising and easy to implement. The outcome was greater than anyone expected: annualized gains and savings of $15 mil; $55 mil created in business value.
The CFO leads cultural transformation and acts as a guiding light for the whole organization. - "I set out to transform the Finance Group into a support group that would create new value, provide top service and be seen to be valuable by its customers...and deliver millions of dollars to the bottom line." - John V. Stanhope Chief Financial Officer and Group Managing Director, Finance and Administration, Telstra Corporation