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Market Oriented Strategic Planning Prof.Prasanna Venkatesh
A general framework for Planning ,[object Object],[object Object],[object Object],[object Object]
Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object]
Market-Oriented Strategic Planning Objectives Skills Resources Opportunities
Market-Oriented Strategic Planning Objectives Skills Resources Opportunities Profit and Growth
Corporate Headquarters Planning ,[object Object],[object Object],[object Object],[object Object]
ITC- an example Touching your life everyday ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Strategic-Planning, Implementation, and Control Process Planning Measuring results Diagnosing results Taking corrective action Implementation Corporate planning Division planning Business planning Product planning Organizing Implementing Control
Good Mission Statements: Limited number of goals Stress major policies & values Define competitive scopes
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Westside Goals ,[object Object],[object Object],[object Object]
The Boston Consulting Group’s Growth-Share Matrix 20%- 18%- 16%- 14%- 12%- 10%- 8%- 6%- 4%- 2%- 0 Market Growth Rate 3 ? Question marks ? ? ? 2 1 Cash cow 6 Dogs 8 7 10x  4x  2x  1.5x  1x  Relative Market Share .5x  .4x  .3x  .2x  .1x  Stars 5 4
The Strategic-Planning Gap Sales 10 5 0 Time (years ) Desired sales Integrative growth Intensive growth Current portfolio Strategic- planning gap Diversification   growth
Three Intensive Growth Strategies: Ansoff’s Product/Market Expansion Grid 4.  Diversification 2.  Market development New markets 1. Market penetration Existing markets Existing products 3.  Product development New products
Opportunity Matrix ,[object Object],[object Object],[object Object],[object Object],1 4 2 3 High Low High Low Attractiveness Success Probability Opportunities
Threat Matrix ,[object Object],[object Object],[object Object],[object Object],1 4 2 3 High Low High Low Seriousness Probability of Occurrence Threats
The McKinsey 7-S Framework Skills Shared values Staff Style Strategy Structure Systems
The Value-Delivery Process (a) Traditional physical process sequence (b) Value creation & delivery sequence Sell the product Make the product Procure Design product Make Price Sell Advertise/ promote Distribute Service Choose the Value Provide the Value Communicate the Value Strategic marketing Tactical marketing
The Marketing Plan Executive Summary & Table of Contents Current Marketing Situation Opportunity & Issue Analysis Objectives Marketing Strategy Action Programs Projected Profit-and-loss Controls
Factors Influencing Company   Marketing  Strategy Target customers Competitors Marketing intermediaries Publics Suppliers Marketing information system Marketing planning system Marketing organization system Marketing organization and implementation Product Promotion Place Price Demographic/ economic environment Social/ cultural environment Technical/ physical environment Political/ legal environment
Thank you

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Mktg stratagic planning

  • 1. Market Oriented Strategic Planning Prof.Prasanna Venkatesh
  • 2.
  • 3.
  • 4. Market-Oriented Strategic Planning Objectives Skills Resources Opportunities
  • 5. Market-Oriented Strategic Planning Objectives Skills Resources Opportunities Profit and Growth
  • 6.
  • 7.
  • 8. Strategic-Planning, Implementation, and Control Process Planning Measuring results Diagnosing results Taking corrective action Implementation Corporate planning Division planning Business planning Product planning Organizing Implementing Control
  • 9. Good Mission Statements: Limited number of goals Stress major policies & values Define competitive scopes
  • 10.
  • 11.
  • 12. The Boston Consulting Group’s Growth-Share Matrix 20%- 18%- 16%- 14%- 12%- 10%- 8%- 6%- 4%- 2%- 0 Market Growth Rate 3 ? Question marks ? ? ? 2 1 Cash cow 6 Dogs 8 7 10x 4x 2x 1.5x 1x Relative Market Share .5x .4x .3x .2x .1x Stars 5 4
  • 13. The Strategic-Planning Gap Sales 10 5 0 Time (years ) Desired sales Integrative growth Intensive growth Current portfolio Strategic- planning gap Diversification growth
  • 14. Three Intensive Growth Strategies: Ansoff’s Product/Market Expansion Grid 4. Diversification 2. Market development New markets 1. Market penetration Existing markets Existing products 3. Product development New products
  • 15.
  • 16.
  • 17. The McKinsey 7-S Framework Skills Shared values Staff Style Strategy Structure Systems
  • 18. The Value-Delivery Process (a) Traditional physical process sequence (b) Value creation & delivery sequence Sell the product Make the product Procure Design product Make Price Sell Advertise/ promote Distribute Service Choose the Value Provide the Value Communicate the Value Strategic marketing Tactical marketing
  • 19. The Marketing Plan Executive Summary & Table of Contents Current Marketing Situation Opportunity & Issue Analysis Objectives Marketing Strategy Action Programs Projected Profit-and-loss Controls
  • 20. Factors Influencing Company Marketing Strategy Target customers Competitors Marketing intermediaries Publics Suppliers Marketing information system Marketing planning system Marketing organization system Marketing organization and implementation Product Promotion Place Price Demographic/ economic environment Social/ cultural environment Technical/ physical environment Political/ legal environment