Thursday, September 20, 2012

Yikes! 10 P's of Marketing

Just when you thought you had marketing down pat, along comes social media and new emerging concepts about marketing fundamentals. You know by rote the  fundamental four Ps: product, price, place and promotion. To be a successful marketer, it's important to also consider the effect of people, process, physical evidence, packaging, partners and payment on your success as a marketer.  Social Media,maligned, misunderstood, and misused, has contributed to marketing disasters by diverting marketers attention from the basic 10 P's.

A recent Forbes article puts Social Media in perspective. Read more http://www.forbes.com/sites/yec/2012/09/18/why-traditional-marketing-trumps-social-media-and-what-to-do-about-it/ 

Also, check J-W Facebook posts for articles and information related to keeping Social Media in perspective. https://www.facebook.com/pages/Johnson-Woodford-Company-Management-Consultants/211542583960?ref=hl



Tuesday, August 28, 2012

Balanced Score Card, Redux

In, his brief video, "Simplify Your Strategy",  Donald Sull, London Business School professor, poses three questions to break down complex strategies into actionable steps. http://www.youtube.com/watch?v=PZg6Q8HJ6Iw&feature=em-share_video_user

The Balanced Score Card (BSC), developed by Johnson-Woodford, helps clients formulate, communicate and implement their strategy, sans the administrative nonsense found in most approaches to planning.

Click here for more information and to download "BSC, A Revolutionary Approach to Strategic Process Management,"
http://dl.dropbox.com/u/11858916/BSC%20Booklet%2011-03%20%20--final%20final.pdf