Riyadh Philanthropic Society for Science Prince Sultan Private University مؤسسة الرياض الخيرية للعلوم جامعة األمير سلطان كلية إدارة األعمال قسم اإلدارة والتسويق College of Bus. Admin. Dept. of Management & Marketing MKT 470 - Strategic Marketing Credits 3 (3,0,0) Lecturer: Mr. Mahmoud Achouri Room: A 255 Phone: #4548489-ext: 319 Email: machouri@fnm.psu.edu.sa Class Session: UT 9:00 AM– 10:30 AM Office Hours: SUMTW: 10:30-12:30 am Course description: The course is concerned with strategic marketing planning. The focus is on making strategic decisions and developing plans for implementing them. A strategic market plan gives direction to a firm’s efforts and better enables it to understand the dimensions of marketing research, consumer analysis, and product, distribution, promotion, and price planning. Strategic Marketing examines the concepts and processes in market-driven strategies. The course is designed around the marketing strategy process with a clear emphasis on analysis, planning, and implementation. The course provides an overview of market- driven strategy, develops a framework for the situation analysis, discuses designing market- driven strategies, considers market focused program development & finally examines implementing and managing market- driven strategy. The general goal of the course is to enable the students to integrate the various marketing tools into a consistent program aimed at achieving a sustainable and profitable position in the market place. Course Objectives: To enhance each student’s awareness of strategic marketing & to gain insight into its process. 1 To develop knowledge of practice and receive feedback in performing skills that are essential to managing in the current environment and to build skills in strategic marketing. To make students put both concepts and processes into practice through case studies, exercises, projects and discussion questions. Strategic Marketing uses a process perspective to examine key concepts and issues in selecting strategies, and expands beyond the traditional focus of the marking mix. This allows students to visualize direct applications of the concepts in the context of the working world. To take an active part in the classroom experience to enhance learning and application of skills. Topics to be Covered: Introduction and Overview Introduction to Strategic Marketing; Review of the Marketing Mix; The strategic mind: implications for creative and critical thinking in strategy formulation. Chapter 1: Strategic Market Management- An Introduction and Overview Select a case from Recommended Cases Article: What is “Market Oriented”? Chapter 2: External Analysis and Customer Analysis Case: Zipcar Article: The Fall and Rise of Strategic Planning Chapter 3: Competitor Analysis Case: BMW Article: Hardball: Five Killer Strategies for Trouncing the Competition Chapter 4: Market/Submarket Analysis Case: Zara Article: Blue Ocean Strategy Chapter 5: Environmental Analysis and Strategic Uncertainty Case: Wal-Mart 2005 Article: Strategy as Active Chapter 6: Internal Analysis Case: Kodak and the Digital Revolution Article: Types of Strategy: Which Fits Your Business? Chapter 7: Creating Advantage, Synergy and Strategic Philosophies Case: Apple Computer, 2006 2 Article: Strategy as a Work in Progress Chapter 8: Alternate Value Propositions Case: Intel: Microprocessors at the Crossroads Article: Curveball: Strategies to Fool the Competition Chapter 9: Building and Managing Brand Equity Case: On-Line Music Distribution in a Post-Napster World Article: The Lure of Global Branding Chapter 10: Energizing the Business Case: Samsung Electronics Alternate Article: Strategy and your Stronger Hand Chapter 1: Leveraging the Business Case: Google Article: The Fundamental Dimensions of Strategy Chapter 12: Creating New Businesses Case: Southwest Airlines Article: Strategies that Fit Emerging Markets Chapter 13: Global Strategies Case: Robert Mondavi and the Soft drink Industry Article: Global Gamesmanship Chapter 14: Setting Priorities for Businesses and Brands – The Exit, Milk, and (Day) Consolidate Options Case: Asahi Breweries Article: Core Objectives: Clarity in Designing Strategy Chapter 15: Organizational Issues Case: 3M Optical Systems Article: The Importance of Structure and Process to Strategy Implementation Final Project Presentations Required Text: Strategic Market Management, 8th edition by: David A. Aaker - Publisher: John Wiley & Sons, 2007 Recommended References: David W. Cravens, Charles W. Lamb, & Victoria L. Crittenden. Strategic Marketing Management –Cases, 7th Edition. McGraw- Hill / Irwin, 2002. 3