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Book
Review: The Marketing Plan in Colour
by Malcolm McDonald and Peter Morris
Butterworth-Heinemann ISBN 0-7506-4759-0. £15.99
This updated edition is highly unusual in
that it adopts a comic strip format to present Professor McDonald's
recommendations on effective and efficient marketing planning. He
developed his classic views at the Cranfield School of Management
and this format, first published in 1987, is a highly accessible
variant.
The Book explains how to integrate the marketing
process with the other key strands of business planning: sales;
product development; finance; personnel; and distribution. He shows
how to reconcile divergent objectives in each of these areas by
resolving a series of audits and SWOT (Strengths, Weaknesses, Opportunities
& Threats) analyses into shared assumptions about the business
environment and a set of objectives and strategies.
He goes on to consider plans for marketing communications, pricing,
distribution and then links these plans to sales and market information
and forecasting as a total system.
Management teams and sales representatives don't get the time to
read lots of books. However, if you are only going to read one book
on marketing, then this is the one. You may know all that is in
it, after all marketing is just common sense, but I bet you don't
do it all.
The strongest part of the book is the way that it shows how to link
market segmentation analysis through sales coverage planning to
the advertising and sales promotion plans. My criticisms concern
coverage of the trend to provide hybrid service and product solutions
and the role of value added resellers.
I think that managers in smaller businesses selling information
technology to industry would find this book particularly useful.
It could provide excellent preparation to ensure that the management
team turn the efforts of an "away day" into revenue and
profit.
.Mike Evans
Also in this issue . . . .
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