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CEOs will quickly make it mandatory reading, as it ties marketing back to the things that matter to the board of directors: profit and shareholder value. Marketing Due Diligence is not just a book, it's a process developed at Cranfield School of Management in the U.K. that says marketing needs to be a disciplined function, just like finance, rather than just the promotions division that makes cool ads. - Marketing Magazine
Product Description
At the top of a company, sales do not matter, profits do not matter, even return on investment is a secondary concern. What matters is share price and what drives share price is the creation of shareholder value. Many marketing directors, obsessed with branding and other promotional tactics, miss this fundamental truth of modern business and so destroy the wealth of their company's ultimate owners. By failing to consider and manage the business risk associated with their strategies, they deliver returns below the cost of capital and neglect the firm's raison d'etre. The board needs a way of holding these marketers to account.
Marketing Due Diligence is a new process which has emerged from years of research at Cranfield, one of Europe's leading business schools. It blends proven ideas from strategic and financial management with new concepts about organisational effectiveness to create a process that directly connects marketing strategy to shareholder value. CEOs and CFOs cannot afford to operate without Marketing Due Diligence. Bad marketing directors cannot afford to work with it.
* Top level Cranfield based author team utilising latest Cranfield in-company research
* Connects marketing plans and investment to the valuation of the firm and how it can contribute to increasing stakeholder value
* Systematic and practical approach so that it can be used by both practitioners and students
See all Product Description
CEOs will quickly make it mandatory reading, as it ties marketing back to the things that matter to the board of directors: profit and shareholder value. Marketing Due Diligence is not just a book, it's a process developed at Cranfield School of Management in the U.K. that says marketing needs to be a disciplined function, just like finance, rather than just the promotions division that makes cool ads. - Marketing Magazine
Product Description
At the top of a company, sales do not matter, profits do not matter, even return on investment is a secondary concern. What matters is share price and what drives share price is the creation of shareholder value. Many marketing directors, obsessed with branding and other promotional tactics, miss this fundamental truth of modern business and so destroy the wealth of their company's ultimate owners. By failing to consider and manage the business risk associated with their strategies, they deliver returns below the cost of capital and neglect the firm's raison d'etre. The board needs a way of holding these marketers to account.
Marketing Due Diligence is a new process which has emerged from years of research at Cranfield, one of Europe's leading business schools. It blends proven ideas from strategic and financial management with new concepts about organisational effectiveness to create a process that directly connects marketing strategy to shareholder value. CEOs and CFOs cannot afford to operate without Marketing Due Diligence. Bad marketing directors cannot afford to work with it.
* Top level Cranfield based author team utilising latest Cranfield in-company research
* Connects marketing plans and investment to the valuation of the firm and how it can contribute to increasing stakeholder value
* Systematic and practical approach so that it can be used by both practitioners and students
See all Product Description
Inside This Book
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First Sentence
Since the Second World War, Western Europe has seen a steady and unrelenting decline in its traditional manufacturing industries. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index
Since the Second World War, Western Europe has seen a steady and unrelenting decline in its traditional manufacturing industries. Read the first page
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Concordance
Browse Sample PagesConcordance
Front Cover | Copyright | Table of Contents | Excerpt | Index
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