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Marketing in an Uncertain
                               American Climate
                                 20 March 2012

Allyson Stewart-Allen
                            Director
International Marketing Partners Ltd.
      Grosvenor Gardens House
       35/37 Grosvenor Gardens
          London SW1W 0BS
        Tel: +44 (0)20 7828 9400
E: allyson@intermarketingonline.com



© International Marketing Partners Ltd.   1
Why Have You Invited Me?

   Women leaders like you often find America, and
    Americans, frustrating
   Consultant, speaker, journalist, author, broadcaster
    on the US business culture
    –   Working with Americans (Pearson)
    –   Marketing in the USA (UKTI)
   London-based Californian since 1988




                                 2
Agenda

 Factors driving the climate change
 Reading the mood

 Persistence of the Underlying Values

 Upside of the Climate Change

 Implications: Marketing and
  Communications
 Implications: Leadership



                       3
Factors Driving the Climate Change

   Highest unemployment rate for at least 60 years
   California highest in the US (12.4%)
   “white collar recession”
   Little job security, healthcare security
   Frustration with politicians, economic revival
    tactics (stimulus packages, “QE2”)
   Devaluation of personal assets: pensions, property
   Distrust of traditional institutions: religious,
    corporate, government, academic

                             4
5
6
7
www.despair.com




      8
Factors Driving the Climate Change

   More information about the world and
    the US role in it
    –   Business for Diplomatic Action
    –   China
    –   Oil dependence
    –   Proliferation of devices
         •   iPad, phones
    –   Proliferation of outlets
         •   TV, news aggregators/portals, social media

                                   9
Factors Driving the Climate Change

   “retirement” a lost dream
    –   Pension/savings erosions
   Dubious business practices and fraud
    –   Madoff, BP
    –   “bankers bonuses”
    –   creative financial instruments
         •   CDS, Coco’s (contingent convertible bonds)
   Celebrities as trusted sources
    –   Oprah, Bono, George Clooney

                                   10
Reading the Mood




            11
Reading the Mood




            12
Reading the Mood

   Akio Toyoda, Toyota
   Lloyd Blankfein, Goldman Sachs




                           13
Persistence of the Underlying Values


 Bigger is better
 Diversity

 Equality

 Opportunity




                     14
Persistence of the Underlying Values

 Win/win = economics of abundance
 New is improved

 Anything is possible

 Information is free
    –   Americans speak in questions
 Ready/fire/aim
 the American way/insularity




                             15
Persistence of the Underlying Values

 Age and experience not seen to be
  correlated
 Monochronic

 Business to be done ethically
    –   Attitudes to bribery, corruption, fraud
    –   Banking, pharmaceuticals




                               16
Upside of the Climate Change
   It’s never been easier to start a business
   “work/life” balance
   Transparency means companies and practices are
    outed
   Multiple careers over the span of working life
    –   Continuous learning
   Recognition of the power of networks
   Companies pushed to up their game to win
    business
    –   Customers more selective, more promiscuous

                                17
Implications: Marketing and
      Communications
 Empathy                Reveal allowable flaws
 Seriousness            Be “human”

 Sincerity              Future orientation

 Genuineness            Ignore the digerati at

 Diplomacy               your peril
 Think longer-term      Do right by the

 Fill the trust void
                          customer


                            18
Implications: Leadership
   Deliver on your promises
   Manage expectations intentionally
   Be transparent
   Communicate more often, diplomatically
    – US business culture values extroversion

   Help teams cope with stress
    – Clinical depression

   Keep people focused on the goals


                            19
Comments? Questions?




           20
Marketing in an Uncertain
                               American Climate
                                 20 March 2012

Allyson Stewart-Allen
                            Director
International Marketing Partners Ltd.
      Grosvenor Gardens House
       35/37 Grosvenor Gardens
          London SW1W 0BS
        Tel: +44 (0)20 7828 9400
E: allyson@intermarketingonline.com



© International Marketing Partners Ltd.   21

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Marketing in an uncertain Amercian Climate

  • 1. Marketing in an Uncertain American Climate 20 March 2012 Allyson Stewart-Allen Director International Marketing Partners Ltd. Grosvenor Gardens House 35/37 Grosvenor Gardens London SW1W 0BS Tel: +44 (0)20 7828 9400 E: allyson@intermarketingonline.com © International Marketing Partners Ltd. 1
  • 2. Why Have You Invited Me?  Women leaders like you often find America, and Americans, frustrating  Consultant, speaker, journalist, author, broadcaster on the US business culture – Working with Americans (Pearson) – Marketing in the USA (UKTI)  London-based Californian since 1988 2
  • 3. Agenda  Factors driving the climate change  Reading the mood  Persistence of the Underlying Values  Upside of the Climate Change  Implications: Marketing and Communications  Implications: Leadership 3
  • 4. Factors Driving the Climate Change  Highest unemployment rate for at least 60 years  California highest in the US (12.4%)  “white collar recession”  Little job security, healthcare security  Frustration with politicians, economic revival tactics (stimulus packages, “QE2”)  Devaluation of personal assets: pensions, property  Distrust of traditional institutions: religious, corporate, government, academic 4
  • 5. 5
  • 6. 6
  • 7. 7
  • 9. Factors Driving the Climate Change  More information about the world and the US role in it – Business for Diplomatic Action – China – Oil dependence – Proliferation of devices • iPad, phones – Proliferation of outlets • TV, news aggregators/portals, social media 9
  • 10. Factors Driving the Climate Change  “retirement” a lost dream – Pension/savings erosions  Dubious business practices and fraud – Madoff, BP – “bankers bonuses” – creative financial instruments • CDS, Coco’s (contingent convertible bonds)  Celebrities as trusted sources – Oprah, Bono, George Clooney 10
  • 13. Reading the Mood  Akio Toyoda, Toyota  Lloyd Blankfein, Goldman Sachs 13
  • 14. Persistence of the Underlying Values  Bigger is better  Diversity  Equality  Opportunity 14
  • 15. Persistence of the Underlying Values  Win/win = economics of abundance  New is improved  Anything is possible  Information is free – Americans speak in questions  Ready/fire/aim  the American way/insularity 15
  • 16. Persistence of the Underlying Values  Age and experience not seen to be correlated  Monochronic  Business to be done ethically – Attitudes to bribery, corruption, fraud – Banking, pharmaceuticals 16
  • 17. Upside of the Climate Change  It’s never been easier to start a business  “work/life” balance  Transparency means companies and practices are outed  Multiple careers over the span of working life – Continuous learning  Recognition of the power of networks  Companies pushed to up their game to win business – Customers more selective, more promiscuous 17
  • 18. Implications: Marketing and Communications  Empathy  Reveal allowable flaws  Seriousness  Be “human”  Sincerity  Future orientation  Genuineness  Ignore the digerati at  Diplomacy your peril  Think longer-term  Do right by the  Fill the trust void customer 18
  • 19. Implications: Leadership  Deliver on your promises  Manage expectations intentionally  Be transparent  Communicate more often, diplomatically – US business culture values extroversion  Help teams cope with stress – Clinical depression  Keep people focused on the goals 19
  • 21. Marketing in an Uncertain American Climate 20 March 2012 Allyson Stewart-Allen Director International Marketing Partners Ltd. Grosvenor Gardens House 35/37 Grosvenor Gardens London SW1W 0BS Tel: +44 (0)20 7828 9400 E: allyson@intermarketingonline.com © International Marketing Partners Ltd. 21