Tag Archives: P&G

A.G. Lafley :: How Strategy Really Works

A.G. Lafley
Former CEO of Procter & Gamble (2000-2009)
“Playing to Win: How Strategy Really Works”
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The biggest shortcoming among today’s CEOs is that they don’t think they need a strategy. They think they have a hot product or hot service. They think benchmarking, best practices and copying what the rest of the industry does is a strategy. They try to be all things to all people.
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If you’re not clear about which customers you’re going to serve, how to serve them in a unique and better way that creates real value for them, and your core competencies, you’re just not going to have as much of a chance to win. You cannot grow if you don’t end up making a meaningful difference in consumers’ lives.
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Filed under 1 – Where To Play

Cas Unilever :: disparition de la ménagère de moins de 50 ans

Unilever a vu que ses clientes avaient changé…
Voyons les mesures prises…
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Alan Rutherford, VP Global Media, Unilever
2 Bn consumers everyday
Annonceur #1 worldwide, budget d’achat media €4.3Bn
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En 10 ans, le prix de la pub TV a augmenté de 40%,
la visualisation de la pub TV a chuté de 50%
“On doit consacrer 5 à 10% de plus par an à notre budget pub pour continuer à viser le même résultat.
Les annonceurs ne peuvent plus continuer à subventionner ce type de media indéfiniment.”
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Keith Weed, Chief Marketing and Communication Officer, Unilever
from paid advertising to “owned” & “earned” media
“Brands must become Media to earn relevance”
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Les marques cherchent à devenir elles-mêmes un media et à développer du contenu. Mieux vaut constituer sa propre audience et ses propres contenus que dépendre d’une audience achetée mais peu captive.
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We will be doubling our digital investment every year in the coming years
“I want to be where consumers are”
We have created an Advertising R&D Division. The team will work on how we are going to be competitive tomorrow.
Mission #01: find out how to measure social media performance.
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Marc Mathieu, SVP Marketing, No. 2 Global Marketing Executive, Unilever
“Marketing is serving the progress of people’s lives in a good way”
L’homme qui a lancé le programme “More magic, less logic” en interne pour re-définir la vocation de la marque (et le mot marketing).
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We want to shake up our numbers-led strategy to reward marketers who are prepared to take risks
We want to back creative ideas
We want to enable marketers to fail
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Et aussi…
Bob McDonald, CEO P&G (budget marketing de plus de €9Bn):
investir de plus en plus dans les médias numériques et mobiles et de moins en moins dans les médias classiques comme la télévision. “La technologie nous permet de mieux cibler nos consommateurs et de construire une relation personnelle avec chacun d’eux.”
Pour moi, c’est clair, c’est propre.
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Filed under 3 – When To Go

The Little Black Book of Innovation | How it Works – How to do it

How it Works – How to do itScott D. Anthony

Harvard Business Review Press

Companies spend billions of dollars to advertise products that customers don’t want
Large companies are capable of doing amazing things, but when it comes to innovation, they just scratch the surface.
Marketing teams are busy producing PowerPoint documents on products rarely to be launched.
Companies often look for opportunities by saying something along the lines of: We have things to sell. Who will buy them?

What would you offer your 3-year old child for Christmas?
Dora The Explorer toy laptop, or an iPad?

The customer may very well prefer an offer that is sense & simplicity over complex & technical (what we call overshooting)

What is innovation? Something different that has impact. Impact means measurable results.
The word “technology” does not appear there. The word “creativity” does not appear either. Creativity, of course, can help in the innovation process. But innovation is a process that combines discovering an opportunity, blueprinting an idea to seize that opportunity, and implementing that idea to achieve results. No impact, no innovation.

Take Leonardo Da Vinci and Thomas Alva Edison. Both men were geniuses. Da Vinci was a creative genius. His ideas didn’t have impact at the time. Innovation is not an academic exercice where we think, think, think, but never do. The stock ticker-tape symbol, phonograph, incandescent light bulb, motion-picture industry… all have their roots in Edison’s labs in New Jersey. They all were different. They all had impact.

The new normal is perpetual change
In today’s world, innovation is not an option. And it may require walking away from the things you view as your core competency. Imagine: What if we were legally prohibited from selling to our current customer base?

Ted Levitt, “Marketing Myopia“:
Customers have problems. The company has potential solutions.
People don’t want quarter-inch drills. People want quarter-inch holes.

Peter Drucker, “Innovation and Entrepreneurship“:
Companies need to take a customer-first perspective to succeed with innovation.
Nobody pays for a product. What is paid for is satisfaction.
The customer has a problem to solve or a job to get done.
Now, if you go to your customers and ask them what job they are trying to get done, you are likely to be met with a blank stare. You just need to keep asking Why…? Hence…? And Therefore…?

Why do you want to buy a drill?  – I need to drill a hole.
Why do you need to drill a hole?  – I need to hang a picture.
Why do you need to hang a picture?  – I want to make my living room look nicer.
Why do you want to make your living room look nicer?  – My mother-in-law made an offhand comment about the room last time she visited, and I don’t want this to happen again…

The goal is to move from a solution to the source of the problem. Deep understanding of the problem can reveal the customer dream solution. Train yourself to spot signs of frustrations at your customers’.

A.G. Lafley, “The Game-Changer“:
Innovation is a process that can be managed and measured. The key to successful innovation is a customer-is-boss mindset. We have one and only boss. The Customer.

You need to focus on the customers wants and needs. You need to spend time with your target customers. You need to appreciate not just what the customers were saying, but also what they were feeling or unable to articulate. You need to understand what the person says he or she wants and needs, what he or she can’t easily articulate.

There are two moments of truth. The moment a customer chooses a product. The moment the customer uses a product.
Triple the amount of time you spend with your customers. Get the marketers out of HQ to spend time with the customer. It will help you feel their hopes, dreams, frustrations, and desires. This is a critical input to spot opportunities for innovation.

Joseph Schumpeter, “Capitalism, Socialism, and Democracy“:
The problem that is usually being visualized is how capitalism administers existing structures, whereas the relevant problem is how it creates and destroys them. Sometimes you have to destroy in order to create.
Schumpeter coined the term “creative destruction“.

Vijay Govindarajan, “Ten Rules for Strategic Innovators“:
Existing companies that want to master strategic innovation have to carefully borrow some core capabilities, thoughtfully forget others, and systematically  learn some completely new skills.

Dave Goulait, P&G Innovation Productivity Team:
To do something different, you have to do something different. It is almost Einsteinian in its simplicity.
If your mission is to shake up the corporate establishment, or to create what does not exist, you simply cannot do the same thing that everyone else is doing.
Historically great companies such as Kodak, Digital Equipement Corp., IBM, Sears, General Motors, Sony, Nokia, Microsfot, RIM (…) stumbled by doing precisely what they were supposed to do.

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Filed under 1 – Where To Play, 2 – How To Win