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	<title>Wide Angle &#187; Andy Armstrong</title>
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	<link>http://mlcwideangle.exbdblogs.com</link>
	<description>Broaden Your Perspective with the Marketing Leadership Council</description>
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		<title>Jack of All Trades, Master of None?</title>
		<link>http://mlcwideangle.exbdblogs.com/2010/02/23/jack-of-all-trades-master-of-none/</link>
		<comments>http://mlcwideangle.exbdblogs.com/2010/02/23/jack-of-all-trades-master-of-none/#comments</comments>
		<pubDate>Tue, 23 Feb 2010 19:55:21 +0000</pubDate>
		<modDate>Mon, 06 Sep 2010 12:00:33 +0000</modDate>
		<dc:creator>Andy Armstrong</dc:creator>
				<category><![CDATA[Cornerstones]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[B2C]]></category>
		<category><![CDATA[Organizational Management]]></category>
		<category><![CDATA[Talent Management]]></category>

		<guid isPermaLink="false">http://mlcwideangle.exbdblogs.com/?p=968</guid>
		<description><![CDATA[Are the training and development activities for your teams focused on the right thing? If your company is like most, you overinvest in general management skills and leave real, fundamental Marketing knowledge on the table…leading to great project managers, but lackluster marketers.  Here’s a guide to help fix that.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mlcwideangle.exbdblogs.com/files/2010/02/jack-of-all-trades1.JPG" rel="lightbox[968]"><img class="alignleft size-thumbnail wp-image-977" src="http://mlcwideangle.exbdblogs.com/files/2010/02/jack-of-all-trades1-150x150.jpg" alt="jack of all trades" width="150" height="150" /></a>If your company is like mine, the beginning of the fiscal year (now, for most of us) is when we’re thinking about project portfolios and operating plans – and, it’s the one time we managers have to focus on our direct reports’ development plans.  Setting development goals for staff while creating these “IDPs” (as we call them: “individual development plans”) is easy for some functions. Sales has revenue goals. Procurement has cost-cutting goals. But for marketing, setting development goals – and understanding the underlying functional competencies marketing staffers need to develop (and then creating action plans that line up to their current projects) &#8211; can be a little tricky. Why?<span id="more-968"></span></p>
<ul>
<li>Your company hasn’t created a standardized set of marketing competencies and capabilities. You may have a sense of what general areas to focus on, but intuition is a poor man’s reference guide to functional improvement.</li>
<li>Marketing’s functional scope has significantly increased over the last several years.  A marketing manager may be leading an agency negotiation one day, the next she could be working on a segmentation project, and maybe she’s doing a pricing re-boot a day later.   </li>
</ul>
<p>Even when we do create development plans, our tendency is to link them to short-term projects (e.g., “did you or didn’t you complete that digital campaign, and was it successful or not?”), which results in <em>general management skills</em> development. Or we align IDPs toward developing very specific skills relevant only to one project, when we need to focus on basic – but incredibly necessary -<em> marketing</em> <em>competencies </em>like marcomm mix management, segmentation, or channel management that enable success across a future projects.</p>
<p>Like I said, it can be tricky…so, one of MLC’s sister programs, the<a title="http://www.mes.executiveboard.com/" href="http://www.mes.executiveboard.com/"> Marketing Excellence Survey</a> (MES) created a <a href="https://mlc.executiveboard.com/Members/Popup/Download.aspx?cid=100163692"><strong>job function guide</strong></a> to help you and your management team build more meaningful, marketing knowledge-oriented IDPs by framing development in terms of the marketing knowledge gaps most commonly found in different marketing roles. For example – what are the key marketing competencies needed for (and frequent gaps found in) product managers vs. business development professionals?</p>
<p>By building IDPs around the specific functional knowledge areas staff in different roles need, marketers can set their staffers on a course that will result in transferable skills – rather than general management skills or single-minded capabilities that relate only to a specific project. </p>
<p>My suggestion: don’t just use this <span style="text-decoration: underline"><a href="https://mlc.executiveboard.com/Members/Popup/Download.aspx?cid=100163692">job function guide</a></span> to create plans for your direct reports, you can also:</p>
<ul>
<li>Pass this on to your own managers so they can use it with their teams</li>
<li>Help yourself out by passing it on to your HR business partner who probably could really use the help understanding and creating a common vocabulary for basic marketing competencies</li>
<li>Pass it to your staffers who are wondering about the kinds of knowledge they need to acquire to progress the next level or to a different role.<span> </span></li>
</ul>
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		<slash:comments>2</slash:comments>
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		<title>Don’t Let Valuable Agency Talent Walk</title>
		<link>http://mlcwideangle.exbdblogs.com/2009/11/23/don%e2%80%99t-let-valuable-agency-talent-walk-out-the-door/</link>
		<comments>http://mlcwideangle.exbdblogs.com/2009/11/23/don%e2%80%99t-let-valuable-agency-talent-walk-out-the-door/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 18:50:16 +0000</pubDate>
		<modDate>Mon, 06 Sep 2010 12:00:33 +0000</modDate>
		<dc:creator>Andy Armstrong</dc:creator>
				<category><![CDATA[Cornerstones]]></category>
		<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Agency Management]]></category>
		<category><![CDATA[B2B]]></category>
		<category><![CDATA[B2C]]></category>

		<guid isPermaLink="false">http://mlcwideangle.exbdblogs.com/?p=508</guid>
		<description><![CDATA[There’s nothing like a recession to make your agencies work really hard for you. But as we start to see the dimmest of lights at the end of the tunnel, you should make sure your best agency staffers are locked up and focused on your account.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mlcwideangle.exbdblogs.com/files/2009/11/SMAC-fish-bowls.JPG" rel="lightbox[508]"></a><a href="http://mlcwideangle.exbdblogs.com/files/2009/11/SMAC-fish-bowls2.JPG" rel="lightbox[508]"><img class="alignleft size-medium wp-image-512" src="http://mlcwideangle.exbdblogs.com/files/2009/11/SMAC-fish-bowls2-245x300.jpg" alt="SMAC fish bowls" width="226" height="265" /></a>There’s nothing like a recession to make your agencies work really hard for you.  But as we start to see the dimmest of lights at the end of the tunnel, you’d be smart to think about getting the best work from agencies that are poking around for new business from clients starting to spend again. </p>
<p>I see a blind spot for client-side folks&#8211;we think about the agency as an institution, not a collection of smart, creative workers.  You can bet that, just like the agency business itself, the <span style="text-decoration: underline">staffers</span> on your account are poking around for new job leads, too (at least the best ones probably are); it’s natural, but it costs you money and time when the best staffers leave.</p>
<p>Don’t leave this to the agencies to manage without your input.  With all the pressure we’re putting on their margins, there’s no guarantee they’ll do what’s best for their staffer’s compensation.<span id="more-508"></span></p>
<p>I usually talk about this issue in terms of <span style="text-decoration: underline">motivating</span> individuals, rather than <span style="text-decoration: underline">retaining</span> individuals on your account; but it’s really two sides of the same coin. The important question is <em>how can you get individuals in an agency to give you their discretionary effort? </em>You know they’re going to put in the hours, but how do you incentivize them to go the extra mile for your account, find that next great media/creative idea, take that little step to make it easier for partner agencies to work with them?  Essentially, how do you motivate the kinds of behavior you’re trying to get out of agency staff rather than just use rewards as a “thank you” for good work?  </p>
<p>Whatever lens you use – retention or motivation – here are two ideas as food for thought:</p>
<p style="padding-left: 30px"><strong>1. Non-Compensation:</strong> Use career/professional development as an incentive to agency staff.  One company I’ve talked to names its top agency staffers and takes an active hand in shaping their development, making sure they get challenging projects, exposure to senior client-side executives, rotations and interactions with other agencies, and involving them in what normally would be client-side training opportunities.</p>
<p style="padding-left: 30px">If you do this, work with the agency leadership, of course, and be sure to discuss whether you let the staff know they’ve been put on a special list – you may think it’s too risky to create an “elite” group inside your agency.</p>
<p style="padding-left: 30px"><strong>2. Compensation:</strong>  For some of its largest initiatives (e.g., Olympics, World Cup), Coca-Cola used a new agency model dubbed the Red Lounge (for its Olympics efforts in China) to break down silos between agencies.</p>
<p style="padding-left: 30px">For the ‘08 Olympics, a separate incentive structure was established for this agency model. Coca-Cola created a discrete bonus pool for Red Lounge, which was allocated to the home agencies (not directly to Red Lounge staffers) who then determined how to best distribute the incentives. The only rule was that all of the money had to end up in individuals’ pockets, not the agency’s.</p>
<p style="padding-left: 30px">I’m sure motivation came from multiple factors here (e.g., working on the Olympics…in China…for a brand like Coca-Cola) but it’s a fine illustration of indirectly influencing individual compensation.</p>
<p> <strong>MLC Members:</strong>  See the <a href="https://mlc.executiveboard.com/Members/ResearchAndTools/Abstract.aspx?cid=100120613">full case study</a> on how Coca-Cola creates a distinctive, compelling work environment to capture the commitment of individuals on their account.  Or listen to the <a href="https://mlc.executiveboard.com/Members/Events/EventReplayAbstract.aspx?cid=100120261">webinar replay</a>.</p>
]]></content:encoded>
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