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By Michael Fleischner
I dont know about you, but I feel like there is a scarcity of good marketing today. What do
I mean good marketing? You know the kind of marketing that sticks with you and drives
you to take action. The only marketing that has really moved me in the last couple of years
has been from Apple. How do I know? I own 3 ipods.
You might be thinking to yourself that its more the product that drives behavior than the
marketing, and when it comes to the ipod I dont necessarily disagree. However, I would
argue that in some ways, the marketing has to be even better than it does with your run of
the mill product.
Apple has maintained a certain level of success with their marketing and now that
marketing must not only tie together with previous marketing campaigns, but convince
current customers that their current products are no longer sufficient.
It appears that this is done, not through slight of hand, but by showing you what you cant
do with your current device. By illustrating this in a manner that is contradictory to your
current satisfaction, it does make you feel like your ipod which was fine until a moment
ago has suddenly become inadequate. To me, thats really good marketing.
So what can be learned from the tens of millions that Apple spends on advertising every
year? I think the answer to that question is to work in lock step with your product
development team to showcase developments and tap the emotions of those using your
products. When I use my iTouch, I feel empowered, cool, and complete. I wouldnt have
reached that conclusion without the help of marketing to get me there.
The lesson that Ive learned is that marketing, if done correctly, helps us to define how we
feel about a product. Once you have prospects and customers attaching emotions to your
products, you develop loyal customers. The next time that youre thinking about a
marketing campaign, consider how you want your customers to feel about your product.
Manage the entire purchase decision process in order to consistently manage the experience
to reinforce or produce these desired feelings. Once youve been able to do that
successfully, your creative, marketing messages and promotions should be relatively easy
to produce. Now thats what I call good marketing.
True or False?
ALTHOUGH the debate about excessive executive pay in America has been heated, cool
heads prevailed when the time came to tackle the problem. On June 10th Tim Geithner,
America's treasury secretary, said the government would not impose fierce restrictions such
as caps on pay. Nor would it meddle in the detail of compensation packages. Instead, it
wants companies to adopt a series of broad principles on pay and it intends to make it easier
for shareholders to ensure that they do so.
This approach will infuriate pitchfork populists, who were hoping the Obama
administration would impose a regulatory straitjacket on corporate pay after an outcry
earlier this year over hefty bonuses dished out at firms rescued with taxpayers' cash. But Mr
Geithner warned that such an approach would ultimately be counterproductive. In
practice only firms that have been bailed out will face stiff restrictions on bonuses and other
forms of pay. Some will have to submit senior managers' compensation for review by a
new, government-appointed special master.
The rest of corporate America will escape such constraints, but the government still wants
firms to take a fresh look at the way they reward staff. Among other things, Mr Geithner
urged companies to avoid plans that offer big rewards for short-term risk-taking and called
for a reconsideration of golden parachutes, which can produce payouts that would make
Croesus blush for bosses ousted for poor performance. He also exhorted firms to be more
open with investors about the logic behind their decisions on pay.
Contrary to received wisdom, the process of linking pay to performance works reasonably
well in Americawitness the large number of bosses whose remuneration has plummeted
during the recession.
1.
2.
3.
4.
5.
no entiendo la foto
The government finally decided to impere some limites on tope executives pay
Compensation packages have to be supervised by he government in detail
Companies should adopt some general policies on pay
When tax payers money is used to rescue a company, people are happy to see that
executives get large bonuses
6. Only firms which have received government money to avoid bankruptcy will be
controlled
7. The special master will review the payment scheme
8. Managers who failed sometimes received a lot of money anyway
9. It is unnecessary to inform investors about remuneration policies
10. In some cases, justice was done and executives who failed had their salaries reduced
to make a huge impact upon the way in which your staff work. You can shape your own
work environment.
In a large company, your options may be limited by the existing corporate culture - and my
advice to you is to act like a crab: face directly into the main thrust of corporate policy, and
make changes sideways. You do not want to fight the system, but rather to work better
within it. In a small company, your options are possibly much wider (since custom is often
less rigid) and the impact that you and your team has upon the company's success is
proportionately much greater.
STARTING A REVOLUTION
The idea of starting alone, however, may be daunting to you; you may not see yourself as a
David against the Goliath of other peoples' (low) expectations. The bad news is that you
will meet resistance to change. Your salvation lies in convincing your team (who are most
effected) that what you are doing can only do them good, and in convincing everyone else
that it can do them no harm. The good news is that soon others might follow you.
There is precedent for this. For instance, when a British firm called Unipart wanted to
introduce Japanese methods (Honda's to be precise) into their Oxford plan (The Economist
- 11th April 1992 - page 89) they sent a small team to Japan to learn what exactly this
meant. On their return, they were mocked by their workmates who saw them as
management pawns. So instead they were formed into their own team and sent to work in a
corner of the plant where they applied their new knowledge in isolation. Slowly, but surely,
their example (and missionary zeal) spread through the factory and changes followed. Now
Unipart have opened a new factory and the general manger of the first factory attributes the
success to "releasing talent already on the shop floor". Of course one can always find case
studies to support any management idea, but it does exemplify the potential of a small cell
of dedicated zealots - led by you.
a. Your time
b. The rest of your work
c. Your mistakes
4. but rather to work better within it expresses
a. A contrast with the previous idea.
b. A consequence
c. A result
5. In the idea of starting alone, however,. , the word however expresses.
a. A condition
b. Reason
c. A contrast
6. you may not see yourself as. Expresses.
a. An ability
b. A need
c. A possibility
7. . You will meet resistance. Expresses that this is going to happen.
a. But is not very probable
b. From time to time in future
c. For sure
8. others might follow you expresses.
a. A remote possibility
b. An obligation
c. A command
9. In there is precedent for this, the word this refers to..
a. Other people following you
b. Resistance to change
c. The ideas expressed in the previous paragraph
10. In what exactly this meant, the word this refers to.
a. Japanese methods
b. The oxford plant
c. Honda
11. on their rectum means.
a. Before they left
b. When they came back
c. Before they came back
12. In so instead they were formed., the word so introduces.
a. A consequence
b. An example
c. A conclusion
13. . Spread through the factory. Means that it spread
a. To other factories
b. Within their sector
c. To all the factory
14. Now Unipart have opened a new factory means that
a. This factory is already working
b. They are opening this factory at the moment
c. This is only a project
PART C - VOCABULARY