Marketing Strategy and Management [MKTG 5003] - Course Outline - Asif Shahzad

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  • 8/12/2019 Marketing Strategy and Management [MKTG 5003] - Course Outline - Asif Shahzad

    1/5

    1 | P a g e M a r k e t i n g S t r a t e g y a n d M a n a g e m e n t - A s i f S h a h z a d

    University of Central Punjab, Khayaban-e-Jinnah, Avenue-1, Johar Town, Lahore, Pakistan.Tel: +92-42-35880007, Fax +92-42-35880007

    [MKTG 5003] Marketing Strategy and Management

    The students enrolling in this course should possess the basic knowledge of marketing. As such,

    they may have completed principles of marketing or fundamentals ofmarketing courses.

    Marketing strategy and management course demonstrates the benefits of undertaking

    marketing actions from a strategic context. In this course, we will study a series of topicalstrategic marketing issues. The course explores marketing strategies in diverse organizational

    types. In each class session, we will focus on topics of importance to the successful

    implementation of complex marketing strategies and management. This course extends the

    core-marketing course, providing strategic direction for marketing efforts. It also links

    marketing to corporate strategy and other managerial functions in the organization.

    After studying this course the students should be able to:

    Use frameworks to undertake the situation analysis underpinning the design of marketing

    strategies and their translation into marketing management programs.

    Understand a series of marketing analytical tools collectively and in an integrated manner

    to analyze real-world marketing strategy and management issues.

    Learn from case studies of leading global organizations who are highly regarded in terms of

    their best-in-class marketing practices

    Develop skills that will enable them to better understand the complexities and ability to

    develop more strategic marketing plans to understand the pitfalls and practical difficulties

    companies often experienced in trying to develop such plans.

    Gain experience of an organizations marketing strategy though participation in the case

    sessions and through the analysis and development of a Marketing report on new business.

    http://www.thetowertech.com/http://www.thetowertech.com/http://www.thetowertech.com/http://www.thetowertech.com/http://www.thetowertech.com/http://www.thetowertech.com/
  • 8/12/2019 Marketing Strategy and Management [MKTG 5003] - Course Outline - Asif Shahzad

    2/5

    2 | P a g e M a r k e t i n g S t r a t e g y a n d M a n a g e m e n t - A s i f S h a h z a d

    University of Central Punjab, Khayaban-e-Jinnah, Avenue-1, Johar Town, Lahore, Pakistan.Tel: +92-42-35880007, Fax +92-42-35880007

    My teaching philosophy is guided by the following quote from Benjamin Franklin: Tell me and I forget.

    Teach me and I remember. Involve me and I learn. Such as, you will be encouraged to contribute your

    knowledge and experience, in a manner that enhances the learning of the class. Following methods will

    be used for learning:

    Lectures & Slides

    Recommended Text / Supplementary Texts

    Reading Materials

    Handouts

    Guest Speakers from industry

    Documentaries / Skills Development Exercises

    Case Studies

    Project Presentation & Report / Term Paper

    Aaker, David A., Strategic Market Management, 9th edition Wiley, 2011.

    Strategic Marketing ProblemsCases and Comments by Roger A. Kerin & Robert A. Peterson,

    12th Edition, Published by Pearson Education Inc., Copyright/Second Impression (2011)

    Strategic Marketing ManagementCases by David W. Cravens, Charles W. Lamb Jr., Victoria L.Crittenden, 7th Edition, Published by McGraw-Hill Irwin, Copyright (2002)

    Marketing Managementby Roger Philip Kotler, Kevin Keller, 14th Edition, South Asian

    prospective Published by Prentice Hall Education Inc., Copyright / Second Impression (2011)

    Different topics will be distributed through handouts.

    http://www.nestle.pk/Pages/Nestle.aspx

    http://www.unilever.pk/

    http://engro.com/

    http://www.marketingbenchmarking.com/

    http://www.marketingpower.com/

    http://www.ismm.co.uk/

    http://www.marketingresearch.com

    http://www.nestle.pk/Pages/Nestle.aspxhttp://www.unilever.pk/http://engro.com/http://www.marketingbenchmarking.com/http://www.marketingpower.com/http://www.ismm.co.uk/http://www.marketingresearch.com/http://www.marketingresearch.com/http://www.ismm.co.uk/http://www.marketingpower.com/http://www.marketingbenchmarking.com/http://engro.com/http://www.unilever.pk/http://www.nestle.pk/Pages/Nestle.aspx
  • 8/12/2019 Marketing Strategy and Management [MKTG 5003] - Course Outline - Asif Shahzad

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    3 | P a g e M a r k e t i n g S t r a t e g y a n d M a n a g e m e n t - A s i f S h a h z a d

    University of Central Punjab, Khayaban-e-Jinnah, Avenue-1, Johar Town, Lahore, Pakistan.Tel: +92-42-35880007, Fax +92-42-35880007

    RReellaatteeddRReesseeaarrcchhJJoouurrnnaallss,,PPeerriiooddiiccaallss,,RReeppoorrttssaannddOOnnlliinneeRReessoouurrcceess::

    Harvard Business School - Case Studies

    Melbourne Business SchoolCase Studies

    Research papers from Harvard Business Review

    Research papers from MIT Sloan Management Review

    Research papers on marketing strategy and management issues etc.

    Exam Type Percentage (%)

    Quiz s 5

    Assignments 5

    Presentation & Project 20Mid Term 25

    Final Term 40

    Class Participation 5

    GGrroouuppAAssssiiggnnmmeennttPPrreesseennttaattiioonn&&PPrroojjeecctt::Each group should consist of 4 / 5 [maximum] students. You should choose a company / product /

    service, which has either achieved demonstrable market place success through developing and

    executing an effective marketing strategy or alternatively, has or in your opinion is about to experience

    comprehensive market failure due to the inadequacies of its strategy. The criteria for what constitute

    success and failure is left to you to define and these must be made explicit in your written report.

    So you provide some insight into what elements of their marketing strategy led to this success or

    failure and whythis will form an important element of your report and your presentation.

    Time for presentation is about 20 minutes, 5 minutes for Q&A, and 5 minutes for feedback. Written

    report should not cross more than 2,500 words in total.

    CCoouurrsseessttaaffffccoonnttaacctt--Asif Shahzad

    Email:[email protected]

    EExxaammss::MMiidd&&FFiinnaall::

    MCQs / short subjective type questions with equal percentage

    mailto:[email protected]:[email protected]:[email protected]:[email protected]
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    4 | P a g e M a r k e t i n g S t r a t e g y a n d M a n a g e m e n t - A s i f S h a h z a d

    University of Central Punjab, Khayaban-e-Jinnah, Avenue-1, Johar Town, Lahore, Pakistan.Tel: +92-42-35880007, Fax +92-42-35880007

    Week Contents Tasks/Activities

    1

    Introduction: Marketing Strategy: different perspectives, Marketing

    strategy nature and definitions, purpose, advantages, marketingstrategy development, Marketing strategy orientation, competitive

    marketing strategy, planning framework for the strategy-making

    process, Competitive marketing strategy approaches

    Introduction. Courseoutline to be discussed.

    Handouts

    2

    The changing Market Environment: A framework for macro-

    environmental analysis, the economic and political environment,

    social and cultural environment, technological environment, the five

    forces model of industry competition, competitiveness drivers,

    strategic groups,

    Case Studies, research

    paper

    3

    Creating customer value, Creating an improved strategic focus , The

    two faces of value, creation, Co-creation of value, The valueproposition, Value chains: how cost drivers and differentiators add

    value, Customer Analysis: Understanding customers, marketing

    research, process, organizing customer information

    Harvard Business Review

    Report, Quiz

    4

    Segmenting, Targeting and positioning strategies: Introduction,

    foundation for effective segmentation, segmentation tools,

    principles of marketing segmentation, choosing alternative market

    segmentations. Targeting: different targeting strategies , suit

    different opportunities, the positioning process

    Analysis, Groups

    Formation

    5 Positioning and perceptual mapping, Positioning Strategies Research Paper

    6

    A strategic perspective on brand management and the growing

    importance of the corporate brand as an asset in global markets. One of

    the worlds most successful re-branding exercises for a professional

    service firm will be examined.

    Case StudyHarvard

    Business School

    7

    Competing through innovation: Introduction, new product success

    and failure, the new product development process, organizing for

    new product development

    Melbourne Business

    School Articles / reports

    8Marketing Channel strategy, Distribution Channel Management, role of

    channels in value creationResearch Paper

    9 Mid-tem and course review Mid-Term Exam

    10Pricing Management, Role of pricing in Strategic marketing, price as a

    signal of qualityAssignment / Handouts

    11Integrated Marketing Communications, Advertising, Public Relations,

    Sales Promotions, Direct Marketing,Case Study

  • 8/12/2019 Marketing Strategy and Management [MKTG 5003] - Course Outline - Asif Shahzad

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    5 | P a g e M a r k e t i n g S t r a t e g y a n d M a n a g e m e n t - A s i f S h a h z a d

    University of Central Punjab, Khayaban-e-Jinnah, Avenue-1, Johar Town, Lahore, Pakistan.Tel: +92-42-35880007, Fax +92-42-35880007

    12

    Strategic Marketing applications, Business to Business Marketing, Services

    Marketing, the extended marketing mix - people, processes, and

    physical evidence, the nature of marketing control, implementation

    of marketing strategy, managing competitive advantage as a

    process: implications for the control and implementation of

    marketing strategy

    Research Paper, Quiz

    13 Global Marketing Strategy, Marketing Strategy Reformulation Quiz / Video

    14 Course roundup and Guest Presentation Guest Speakers

    15 Group Presentations and Projects Project Presentations

    16 FINAL EXAMINATION Final-Exams

    Plagiarism and Intellectual Property Policy:

    Reproduction of the writing or literary work or concepts or inventions of another person as one's own product without writing properacknowledgment to the actual author, willfully or unintentionally, is termed as plagiarism. The actual author has a right to bring alawsuit for unauthorized use of his/her work against the plagiarist. University of Central Punjab discourages plagiarism and warnsstudents to be careful while using someone else's work in their written work to meet requirements of a course or a degree. It maybe clarified that quotes which are brief or are acknowledged as quotes do not constitute plagiarism.

    Be watchful - Every written material/assignment shall come under the careful scrutiny of others. Do ensure that published work ofothers is properly cited; source of unpublished material obtained from lectures, oral communication or interviews are dulyacknowledged. UCP's statutes 2004 - Clause 22 at Chapter 15 and UCP regulations 2005 - Clause 8.18 and Clause 13 at Chapter 13deal with plagiarism and intellectual property rights, which may be consulted by the UCP students and employees.

    A fellow students, a Faculty member or member of the UCP Administration can report any instance of plagiarism to the Dean of theFaculty, who after ascertaining extant of Plagiarized material will determine penalty the against the student according to UCPRegulations, 2005.

    Prepared By: Approved By:

    Asif Shahzad Dr. Zulfikar Ali Khan

    Lecturer H.O.D. Marketing

    Faculty of Management Studies Subject Area Coordinator

    Department of Marketing Faculty of Management Studies