Strategic Planning

Win Mindshare to Influence Your Market

Years ago Peter Drucker, the father of business consulting, made a very profound observation: “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs. Marketing is the distinguishing, unique function of the business.” Yet…Read More

Strategic Planning

The Problem with Marketing Departments

Fifty years ago, Peter Drucker said that “any business enterprise has two – and only these two – basic functions: innovation and marketing.” Yet even today, industry leaders are still lamenting that the marketing function is broken. Issue #1: Companies have vastly different definitions of “marketing.”  To some it’s a creative function that develops slick…Read More