2. The Good Strategy( winning plan) plus Good
Execution = Good Management
The success of any marketing plan will rests on how
well it is implemented and managed
Marketing plan itself is a guide to implementation and
control
Marketing Plan indicates objectives, strategies and
tactics for accomplishing the activities planned
It is a continuous cyclical activity in a formal company
4. Strategic planning goes beyond one year and therefore
one year plans are considered as short term plans
Although a company needs beyond one year plans to
set their strategic vision and activities, in a dynamic
market place planning for longer term needs lot of care
and proper forecasting
5. The larger companies with different bureaucratic
layers faces major challenges in implementing
marketing plans.
Good implementation process shows proper action
plans with listed activities, who is responsible, time
and allocation of budgets etc.
A Gnat Chart could be used in this regard
6. Most important element in putting a plan to action is the
people who implement the plan
Good planners may not be good implementers.
Implementers need to have:
Inter personnel skills/ emotional intelligence/ability to get
support of all the members towards the implementation
Good communication skills
Focus on the targets
Firm determination to achieve targets
Ability to be flexible
Motivate others
Develop Team work
7. Following factors also are important putting a plan
into action
Organisational design
Incentives
Corporate Culture
Integration of marketing orientation within the
organisation
Efficiency of external support services ( such as research
firms, advertising and consultancy firms)
8. The plan has to be made public among the staff
Targets and end results should be emphasised
What is their for all individuals must be
communicated (MMT- Mata Monawada Tiyenne)
What is expected from individuals and teams should
be explained well (ODK-Oben Dayakathwaya
Kumakkda)
Importance of everyone's commitment should be
emphasized
9. Periodical Key performance indicators should be
established as to important elements of the marketing
plan
E.g. Sales
Product Development
Distribution outlets
Promotion
Recruitment
Expenses
Customer satisfaction level/Complaints
10. The systems should be developed to get actual
information in time –( IT base system could be used )
Internal Information
Standardised External information such as TV rating
data
Special research data
Information from firms Strategic Intelligence
11. Information could relate to
The actual performances ( such as sales)
Buyers response
Channel response
Competitor information
Complaints from members of the staff
Suggestions
12. Evaluation
Information gathered should be processed
It should be compared with the plan
Information taken to prepare the plan may be
incorrect
Planned sales or activities may have not achieved
Then the gaps should be identified
13. Gaps or variability cannot be avoided
The issue is that these variations will make a
substantial change to achieving expected results or not
Can the remedial action be taken or not
How soon the problems could be fixed
Is there a contingency plan to fall back if problems
cannot be fixed
14. Action could be
Changing the target market ( difficult)
Changing the positioning ( difficult)
Changing tactical tools ( not very difficult)
Changing Strategy ( not difficult)
Changing the original targets made ( not difficult)
15. Any comments send an email to maxran1@yahoo.com
Please share this presentation with your Marketing
Team
Develop it through your own inputs
Knowledge is universal, we all learnt from others
So “sharing” is the name of the game
Good luck- Maxwell Ranasinghe