Contents: Preface 1. Marketing strategy: the guiding premises 2. Marketing strategy: looking back to see ahead 3. Achieving customer value leadership 4. Sustaining customer value leadership 5. Innovating new value for customers: the full-spectrum approach 6. Innovating the business model 7. Strategy formulation starts from the outside in 8. Enabling outside-in strategy making 9. Preparing marketing for greater turbulence References Index
George S. Day, Geoffrey T. Boisi Emeritus Professor of Marketing, The Wharton School, University of Pennsylvania, US
‘A well-aligned corporate marketing strategy is a core component of
creating and sustaining strong customer value and superior
competitive advantage. Although the business marketplace is
complex, this valuable marketing resource gives readers conceptual
frameworks to guide them in rejuvenating their marketing strategies
from the “outside-in.” Day (emer., Univ. of Pennsylvania) explains
why certain firms are able to thrive and adapt while others
flounder. He advocates using data to innovate and drive marketing
efforts. The design of marketing strategies should be a dynamic and
reiterative process. A key lesson Day provides is that corporations
that make marketing a key priority are more resilient when facing
unforeseen events, such as pandemics, and continually changing
technologies. The book includes chapter summaries and integrated
diagrams to aid readers. Particularly helpful to students are the
appendix explaining marketing leadership roles and an entire
chapter focused on collaborating with C-suite leaders. This
advanced introduction offers deep insights about the importance of
marketing leaders and strategies to achieving success and is an
essential read for MBA students and business professionals.’
*C.E. Geck, independent scholar, Choice*
‘Strategy has been sliding away from marketing for the past several
years, if not decades. Professor Day has successfully brought
marketing strategy back to life. A firm that has a strategy without
fully embracing how it will serve its customers by offering and
sustaining superior customer value will be short lived. This book
is a must read to understand the stepping stones for bringing
marketing to the core of a business.’
*David J. Reibstein, University of Pennsylvania, US*
‘This is an important book. What distinguishes marketing from other
activities of an organization is the centrality of customers and
the environment in which they are embedded to effective management
decision making. This is the first book on making strategy that
starts with that core principle and proceeds to demonstrate how it
should affect the creation, maintenance and capture of customer
value. As such it is essential reading for both managers and
academics. The sections on pathways and enablers are particularly
useful to managers who wish to turn insight into action.’
*John Roberts, University of New South Wales, Australia*
‘In Advanced Introduction to Marketing Strategy, Dr. George Day
provides an excellent overview of the outside-in approach to
strategy formulation. The book provides valuable insights on
timeless issues such as achieving and sustaining customer value
leadership, as well as timely issues such as preparing marketing
for managing greater turbulence. The conceptual frameworks
presented in the various chapters of the book and the insightful
discussions relating to them would be valuable to decision-makers
in organizations for effectively navigating and competing in a
turbulent business environment.’
*Rajan Varadarajan, Texas A&M University, US*
‘Day has done a phenomenal job of guiding firms to achieve and
sustain superior customer value, especially in a turbulent world
where new age technologies such as artificial intelligence,
blockchain, robotics and drones are expected to cause market
disruptions. This book discusses elegantly the path to take using
an outside-in strategy, especially when facing a volatile,
uncertain, complex, and ambiguous environment. A must-read classic
by the world’s most renowned strategy legend for all the strategy
scholars and the C-suite executives worldwide!’
*V Kumar, St. John’s University, US*
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