15 June 2004Maybe you've noticedthere's a quiet revolution going
on in European marketing. Innovative and creative marketers are breaking
from tradition and challenging the assumptions about "the way we
do things around here" across our industry. Signs of the revolution
were evident at ITSMA's recent 2004 European Forum, where challenges
to ingrained thinking and presentation of new ways of going to market
pervaded the discussions among forum speakers and delegates.
It starts with the way marketers gain insight into increasingly complex
markets. Dave Snowden from IBM's Canolfyn Cynefin Centre claimed
that traditional market research techniques no longer provide sufficient
insight; marketers should instead turn to stories and narratives, extracted
via naïve interviewing techniques, to really understand what is
happening in their markets. Dave's goal is to spot patterns in increasingly
complex environments, often for governments concerned with identifying
terrorist threats. The same techniques can be applied to complex markets
to spot opportunities that will drive business growth.
Once we've identified an opportunity, we need to think creatively
about how to capture value from it. This could mean working with competitors,
as Ellyn Raftery from Unisys noted in describing that firm's 3D Visible
Enterprise solution. Unisys worked with two of its biggest competitors,
IBM and Microsoft, to conceive, research, and bring the new solution
to market to capture value for the organization and aid its transformation
into a services company. Vega and BT similarly discussed the importance
of changing assumptions about how to do business; both firms have greatly
increased their investments in partners to capture more value from clients.
Closing the traditional gap between sales and marketing was another
dominant theme at the event. Marketers from Unisys, HP, CGI-AMS, Wipro,
and PricewaterhouseCoopers all stressed the improved results that can
be achieved when clients are approached with a unified voice. Forum delegates
identified many methods to close the gap, but all agreed that increasing
account-based marketing programs is one of the most effective approaches.
Doug Haynes from McKinsey highlighted the importance of a principled
approach to clients as companies move from a transaction-based business
model to one that relies on relationships. With principles in place to
say no to work that other firms could do better and to always act in
the best interest of the client, even if that means walking away from
a job before the contract ends but when most of the value has been delivered,
McKinsey demonstrates a commitment to relationships that exceeds that
of most firms. According to Haynes, that commitment is essential to the
firm's stellar reputation and continued growth.
Most of all, according to ITSMA's Dave Munn, breaking with tradition
requires rethinking the very roles and responsibilities of the marketing
team itself. Driving change successfully rests on marketing's ability
to deliver value for their company in five key areas, said Munn:
Business strategy
Portfolio management
Thought leadership
Go-to-market strategy and programs
Customer and partner relationships
None of these roles is entirely new, but continuing the quiet revolution
in marketing means placing a much greater emphasis on the skills, competencies,
and processes that can bring them to center stage.
About ITSMA
ITSMA specializes in helping companies market and sell services and solutions more effectively. As a membership organization, we provide research, consulting, and training to the world's leading technology, communications, and professional services providers to generate increased demand, strengthen customer relationships, and improve brand differentiation. ITSMA is based near Boston, and has offices in London and Tokyo. Learn more at www.itsma.com.