tuesday 10.1

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Page 1: Tuesday 10.1

Week of 9/30Goals and Objectives

Strategy•Heart of the planning process, the meat and potatoes•What we want to achieve and how we want to achieve it; where to go and how to get there•Dual focus:•actions of the organization •content/presentation of messages•Should be single and unifying•Goals and objectives are part of the strategic phase•Goals guide objectives•Objectives lead to decisions about supporting strategies and tactics

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Week of 9/30Goals and Objectives

Positioning Statement•How do we want to be seen?•How do we want to be known by our targets/publics?•What distinguishes us from others in our category?•Highlights a distinguishing attribute by implying distinction from competitors•How are competitors distinguishing themselves?•Do we need to change our current position or maintain it? •Make sure it is realistic. Don’t chase impossible dreams•Ask “does this sound like us?”•Not a tag line, can turn into one but it doesn’t start out with that as the goal

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Week of 9/30Goals and Objectives

Positioning StatementsSIMPLE:

[NAME OF BUSINESS] is [KIND OF PRODUCT OR SERVICE] for [KIND OF PEOPLE].

MORE IN-DEPTH (template from Marty Neumeier’s ZAG):

• What: The only [category]• How: that [differentiation characteristic]• Who: for [customer]• Where: in [geographic location]• Why: who [need state]• When: during [underlying trend]

ALTERNATIVE:• For (target audience), (brand name) is the (frame of reference) that delivers (benefit/point of

difference) because only (brand name) is reason to believe).

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Week of 9/30Goals and Objectives

Positioning Statement•Examples-•Volvo: For upscale American families, Volvo is the family automobile that offers maximum safety. •Home Depot: The hardware department store for do-it-yourselfers.•Target: Style on a Budget•Harley Davidson: The only motorcycle manufacturer that makes big, loud motorcycles for macho guys (and “macho wannabes”) mostly in the United States who want to join a gang of cowboys in an era of decreasing personal freedom.

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Week of 9/30Goals and Objectives

Positioning Statement---->Tags•Examples-•Volvo: For Life.•Home Depot: You can do it. We can help.•Target: Expect more. Pay less.•Harley Davidson: American by birth. Rebel by choice.

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Week of 9/30Goals and Objectives

Goals•What we want to accomplish•Short and sweet, attached to the vision or mission of the org•Acknowledges the issue and then outlines how we want to resolve it•No measurements, more general•Goals and objectives are part of the strategic phase•3 types of goals:•Reputation management- identity and perception (i.e. improve reputation)

•Relationship management- an organizations connections to its publics (i.e. enhance relationship)

•Task management- getting things done (i.e. increase visitors)

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Week of 9/30Goals and Objectives

Objectives•Consistent with positioning•Comes from goals•Clear and measureable•A single goal may have several objectives•standard is about three objectives for each goal•Helps organizations act•Provide evaluation reference points•Should be singular, challenging, explicit, measurable and attainable•Include a time frame

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Week of 9/30Goals & Objectives

Lab Assignment/Homework:

•LA/HW #4: JC Penney Turnaround- JC  Penney  is  struggling  in  their  industry  and  has  had  a  series  of  failures  and  event  recently  changed  CEOs  again.  Imagining  you  were  recently  hired  as  CMO  for  the  company  as  they  a>empt  to  make  a  turn  around,  what  would  your  goals  for  the  organizaBon  be?  Locate  the  company's  mission  and  provide  at  least  2  reputaBon,    relaBonship  and/or  task  goals  and  objecBves  to  accomplish  these  goals.•Due:  10/3•LINKS  FOR  ARTICLES/BACKGROUND:

•h>p://www.forbes.com/sites/walterloeb/2013/06/13/j-­‐c-­‐penney-­‐at-­‐the-­‐crossroad-­‐to-­‐oblivion-­‐or-­‐recovery/•h>p://money.cnn.com/2013/08/20/invesBng/jc-­‐penney-­‐earnings/index.html•h>p://www.insidermonkey.com/blog/the-­‐customer-­‐comes-­‐first-­‐did-­‐j-­‐c-­‐penney-­‐company-­‐inc-­‐jcp-­‐forget-­‐

this-­‐231291/ •Read  Phase  2,  Step  5:  Strategy

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Week of 9/30Goals & Objectives

Thought of the Day:

“If you don’t know where you’re going, you’ll end up somewhere else.”

-Yoga Berra

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