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What
is marketing operations?
The
marketing function has historically viewed programs and promotions
as the core of its management responsibility. The focus
has been on what to do to attract and retain customers, increase
revenue and improve margins. As a result of increased business
complexity, the activities surrounding the programs and campaigns
have grown to equal, if not exceed, the program and campaign budgets.
This is the “how” and this is what we call marketing
operations. By tying marketing activity to financial performance
and instituting stronger discipline in marketing operations, it
is not uncommon to reduce costs by 20-30%, while improving the
quality of the programs.
What
are the “tools”?
The Winkler Group tools help you
align marketing activity with the financial goals of marketing
and make better use of existing resources. Some examples
of tools include:

The
result is a strong framework for accountability and decision-making.
The tools are built with the “know how” of
what to look for by breaking down marketing elements into specific
areas that may have appeared too vague to measure in the past.
How
does the pay for performance work?
Pay
for performance means that The Winkler Group’s fees are
funded by the improvements achieved from The Winkler Group’s
work. In this way, your risks are minimized and you are
always ahead.
A component
of The Winkler Group’s compensation is based on a percentage
of the financial value that we create. Our approach includes
a quick overview of the current situation and the possibilities
for increased performance. In most cases, we can produce
a target financial improvement number within 30 to 90 days, as
well as a plan for achieving the improvement. By scheduling
areas to be addressed strategically, financial value can begin
to flow within a budget year.
Upon an engagement,
we gain consensus about the scope of work and the deliverables,
the percentage of fixed to variable fee, and the percentage of
the financial value created that you agree to share with The Winkler
Group along with the methodology for arriving at the calculation.
How
do you support the results you are claiming?
While The Winkler Group
recognizes that every client is unique and has its own financial
accounting systems, budgeting methodologies and processes, our
approach has been tested on a range of clients. Probable
results come from using ratio analysis which will then be applied
to your current budgets to generate the financial results you
can expect.
The
Winkler Group Tools are based on predefining the elements of marketing
operations from a best practices point of view. This allows
us to advise you on which areas of your marketing operations can
get the best payback in the early assessment phase of the engagement.
As a result, we help you realize savings in the amount
of time typical consultancies use to develop scope of work.
How
do you monitor progress?
The
Winkler Group Tools include a set of integrated monitoring and
measuring processes and dashboards designed specifically for the
areas you wish to address in your marketing organization.
I’ve
had trouble getting people to agree to metrics — how do
you do it?
Our
methodologies include benchmarks and dashboards that are tangible
as opposed to attitudinal or opinion based. Then the hard
work begins—the metrics must be embedded into all of the
relevant marketing process at the right points in the process.
By giving staff clear metrics, the reason for their importance,
a roadmap for achieving them, and then communicating progress
on a regular basis, we have found less resistance to agreement
and adoption.
Does
The Winkler Group help me implement the recommendations or only
assess the areas for possible improvement?
We
help you implement the recommendations by providing you with a
clear action plan of how to go about each recommendation.
The action plan includes such items as how to announce the changes
internally, assign the project team, break down the activity into
concrete tasks, set the target goals, measure progress and monitor
on an ongoing basis. The Winkler Group team members will
participate with your internal team members in assuring positive
progress on the agreed on targets.
How
much effort and people resources will I have to allocate to this
project?
We
would like to say no effort is required on your part, but all
good things do require effort and commitment. In order for you
to be successful, we need you to appoint a “Champion”
who has the clout to get things done in your organization.
Our QuickStart tool identifies a process for structuring a team,
communicating, collecting information and reporting in a way that
gets the job done while minimizing disruption to the day-to-day
activities and responsibilities of your staff.
How
do you get people to accept your recommendations?
Our
approach deals with the issues of change — how to communicate,
motivate, monitor, enforce and measure progress.
How
long does a typical engagement take?
The
length of the assignment depends on the number of areas that are
addressed and the complexity of the organization. Complexity
factors include globalized organization, degree of centralization/decentralization,
quality of data and accessibility, size of marketing staff, number
of outside resources and so on.
Can
I get started with a small project?
Yes
you can. As long as we are confident that we can help create value,
we
can engage with you at the part of marketing operations where
you feel the greatest pain.
About
The Winkler Group
We are senior executives
with strong performance records in global marketing, general management,
branding, technology development, advertising, and change management
who are dedicated to helping you maximize your marketing opportunities.
Our group of consultants is augmented by strategic partners
who join us on an as needed basis.
Marketers
are under considerable pressure to answer, “What am I really
getting for my marketing spend?” This leads directly
to other questions such as, “Am I making the right program
and campaign choices? Do I have the streamlined integrated
process to get the programs and campaigns out the door?”
The
Winkler Group helps you answer these questions and more by providing
your organization with the tools and skill sets to:
- Define,
value and manage your marketing assets
- Align
your marketing processes with financial metrics
-
Run your marketing function like a business
Through The
Winkler Group’s unique approach and 40+ best practice and
optimizer tools, you can free up 12 to 15%+ of your marketing
budget and substantially increase brand equity, enhance cash flows
and improve your marketing ROI.
To help you identify your most pressing challenges and biggest
opportunities for value creation, contact: moreinfo@TheWinklerGroup.com
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The Winkler Group, 2004. All rights reserved. Content is Confidential
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