We
follow a six step process when developing and implementing strategic and
marketing plans. Frankly, it's not rocket science, but it does take
dialog, diligence and discipline. Does your organization do this?
Step
1: Agree on what's to be accomplished.
Goals
must be:
-
Quantifiable
-
Attainable
-
Measurable
This
sounds easy, but in reality takes time and patience, as all parties
bring their own needs and perceptions to the table. We help people focus
on setting goals that are specific and achievable.
Step
2: Perform research and analysis to better understand the:
-
Market
-
Application
-
Competition
-
Target
Audience
-
Buying
Process
-
Sales
Organization
Too often,
companies say "We know what our customers think about our products
and our competitors' products." A few phone calls to their best
customers and prospects will generally prove them wrong!
Step
3: Develop a detailed plan that includes:
-
Objectives
-
Strategies
-
Tactics
-
Value
Proposition
-
Positioning
-
Market
Research
-
Budget
-
Timing
-
Responsibilities
Planning
is the cheapest money you can spend. Putting 10% of your budget against
planning assures that the 90% spent on execution will be maximally
effective.
Step
4: Implement
the plan professionally:
-
Within
the budget
-
On
time
As
the old saying goes, "Plan the work, then work the plan." We
stay involved to ensure that plans are executed, not just filed away.
Step
5: Evaluate success using:
Measure
your results, or you won't know either the speed or direction of
progress.
Step
6: Modify/revise the plan accordingly:
No
plan is perfect. Be prepared to execute, evaluate, and revise.
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