UNIVERSITY OF CALIFORNIA-BERKELEY Walter A. Haas School of Business PRODUCT MANAGEMENT E262A SPRING – 1999 Monday, 6:00-9:30 C-110 Instructor: Contact: Email: Website: Course: E.A. JOHNSON edward@haas.berkeley.edu johnsonagency@compuserve.com http://haas.berkeley.edu/~market/PROFILES/PROFS/johnson.html e262-a@your e-mail address "Subscribe with majordomo@haas.berkeley.edu" CLASS SCHEDULE: 1/25 INTRODUCTION TO PRODUCT MANAGEMENT Course Overview and Learning Objectives The Customer Driven Organization The Organisational Role of Product Management Today's Business Environment 2/1 THE STRATEGIC ROLE OF MARKETING PLANNING Elements of the Strategic Plan Customer Centric Planning - Oracle Changes Direction The Johnson Agency Plan Strategic Importance of Business Case Method Matching Company Capabilities: SWOT & the Wedge Text: Chapter 1, 2. Case: Ready to Drink Fruit Drinks Personal Digital Assistants Web Assignment: The LCD Industry - Environmental Analysis 2/8 THE MARKETING AUDIT PROCESS Analysing The Intensity Of Competition Category Attractiveness Analysis Critical Success Factors Porter Force Analysis Use of Matrix Analysis Text: Chapter 3, 4. Guest: The Role of Product Management at Clorox The Clorox Corporation 2/22 COMPETITOR ANALYSIS Sources of Information Defining & mapping Competitive Strategies Use & Application of Matrix Analysis Text: Chapter 5. 3/1 CUSTOMER ANALYSIS What Do Customers Buy - Defining Needs Features, Benefits & Advantages Market Research - The Questionnaire Sales Techniques & Need Applications - The Spin Method Text: Chapter 6. Guest: The Applications of Customer Management Software Seibel Corp. 3/8 MARKET/CATEGORY POTENTIAL AND FORECASTING Estimating Market Potential - Domestic & Global Sales Forecasting Methods Industrial versus Consumer Goods Key Account Attractiveness Analysis - The McKinsey Matrix Development & Use of Scenarios Text: Chapter 7. 3/15 DEVELOPING PRODUCT STRATEGY -THE PRODUCT AUDIT Developing an SCA The Extended Product Life Cycle Selection of Strategic Alternatives Developing & Analysing a Positioning Matrix (Boston Consulting Group) The Question of Branding Porter: "What is Strategy?" Activity mapping Systems. Text: Chapter 8. Web Assignment: Developing a Technology Strategy at Sharp Guest: High Technology Product Strategy at LTX 3/29 NEW PRODUCTS The Sources of New Product Ideas From Concept to Prototype - Developing a Concept Statement Placement Tests - The Henkel "Shim" case Filters and Tests - the Process at American Home Products The Launch Plan Great Successes - Spectacular Failures The 3M Corporation "Innovation" Centre Text: Chapter 9 4/5 PRICING DECISIONS Customer Driven Pricing Pricing Strategy and Tactics Global Pricing Process Text: Chapter 10 4/12 ADVERTISING/PROMOTION DECISIONS Setting Budgets Developing Effective Briefings Development & Management of Resources Elements of a Promotional Plan Text: Chapter 11, 12. Guest: Managing the Creative Resource TBWA/Omnicom 4/19 CHANNEL STRATEGY AND MANAGEMENT Channel Analysis and Selection - An Algorithm Costing the Target Channel Contractual & Legal Provisions Global Trends - The Cost Decline Impact Text: Chapter 13, 14. Web Assignment: Forecasting the Future for Sharp Electronics Guest: The Global Distribution Challenge - Use of Contract Intermediaries American President Lines Kuhn & Nagel 4/26 FINANCIAL ANALYSIS Sales Reporting & Analysis Profitability Analysis Reporting Responsibilities Text: Chapter 15. 5/3 KEY ISSUES IN PRODUCT MANAGEMENT What are the key challenges facing companies today The Future of Product Management Hewlett Packard - Developing a new Paradigm Managing Vision & Strategy Creating a Personal Scorecard Text: Chapter 16 Guest: The Impact of E-Commerce on Business as We Know It 5/10 PROJECT PRESENTATIONS