MG445 Half Unit
Marketing Strategy (modular)
This information is for the 2013/14 session.
Prof Om Narasimhan
This course is compulsory on the Executive Global MSc Management. This course is not available as an outside option.
This course is a rigorous examination of the key analytical frameworks and tools that are essential to building an effective marketing strategy. Peter Drucker, the father of business consulting once remarked, Because the purpose of business is to create a customer, the business enterprise has two--and only two--basic functions: marketing and innovation. In todays highly competitive environment these words ring even more true: a well-designed marketing strategy can make all the difference between success and failure in the marketplace. While marketing is commonly associated with consumer goods companies (e.g., Unilever) it would be myopic to restrict the relevance of marketing to such instances alone. Marketing, ultimately, is about understanding and shaping behaviour. Accordingly, banks and other financial institutions, as well as governmental, medical, and not-for-profit organisations - from those that design and sell financial products, to those that implement public policy (e.g., those dedicated to reducing drunk driving, increasing literacy, and encouraging safe contraception), have all found that a well-thought out marketing strategy can be a critical arbiter of success even in this “ideas marketplace.” This course combines LSE’s premier standing in the social sciences with cutting-edge management practices. By using a wide range of quantitative as well as qualitative methods, interactive lectures, videos, hands-on exercises, and case studies, we will share key analytical frameworks and tools that are essential to a good marketing strategy. The aim is to develop an analytical tool-kit that will be applicable to a wide range of industries and functions.
Scheduled over two modules – one of which will take place overseas. Teaching will be spread across 10 sessions of up to 4 hours each.
1,500 word case write up.
Kotler and Kellers (2009) Marketing Management (13th Edition, PrenticeHall). Further references will be provided at the commencement of the course.
Class participation (10%).
Group Marketing Plan (15%).
Group live case analysis (20%).
Take home exam (55%).
Total students 2012/13: Unavailable
Average class size 2012/13: Unavailable
Value: Half Unit