Market Strategy & Marketing Capability Building
The role of marketers is becoming increasingly complex and dynamic. Customers have been placed in the drivers seat, expect to be catered to, and their loyalty and attention is constantly under threat from competition. On the other hand, customers can be (and want to be) reached in more ways, and are simultaneously leaving behind more data clues of how to do so.
THRIVE helps clients formulate strategies that allow companies to resonate with the right customers on a deeper level while meeting corporate objectives. THRIVE also works to help strengthen organizations capabilities internally and scale this expertise throughout client businesses.
Situation Overview
The new CMO of a fast growing pharma company with presence in 12 countries in Asia. The company’s commercial organization was traditionally highly sales and promotion focused with limited systematic Marketing and large variance of skills and methodologies applied in different countries.
The Challenge
Build a state-of-the-art Marketing system (tools and processes) and train all marketers throughout the organization in the Marketing philosophy and toolkit (buying process, segmentation, positioning, messaging, etc.)
What we did
» Case for Action
- Developed a “business case” for investment into Marketing capabilities to secure support from EXCOM
» Marketing Philosophy
- Established principles to guide all Marketing strategy development and execution activities in the organization
- Defined desired Marketing core competencies
» Marketing System
- Developed a brand planning process and supporting tools (e.g. buying process, segmentation, etc.) – building on industry best practices and customized for client situation
» Training
- Designed training and prepared CMO to deliver training; participated in trainings as content expert
One year after launch of Marketing system and brand planning process:
» Refined Marketing toolkit; added new and enhanced tools to further increase level of insight and user friendliness
» Developed & delivered “master-class” training to company’s 100+ marketers and country heads (e.g. expert training on advanced segmentation questions)