Part 2, How does your management dashboard help to inform Strategic decision making? (1,400 words)
Please Note: the Dashboard is to demonstrate your selection of elements and how you would display those elements to support performance management. You DO NOT have to include real data in your graphical displays.
Areas for consideration: Approx. % Effort / Focus
Market Shares & Market Forecasts 5%
Routes to market 5%
Brand and brand equity frameworks 5%
Tactical Mix (4 P’s) 20%
Like a car’s dashboard (or control panel), a dashboard provides decision makers with the input necessary to “drive” the business. Thus, a graphical user interface may be designed to display summaries, graphics (e.g., bar charts, pie charts, bullet graphs, etc.), and gauges (with colors similar to traffic lights) in a framework to highlight important information. Wikipedia
Please note that as well as drawing on information about the markstrat industry or an industry of your choice, your submission should make use of appropriate use of literature to support and develop arguments.
Kotler, P., Keller, K. L., Brady, M., Goodman, M., and Hansen, T. (2012) Marketing Management, Pearson Prentice Hall, London
Dibb, S., Simkin, L., Pride, W. and Ferrell, OC (2006), Marketing Concepts
and Strategies (5th ed.), New York: Houghton Mifflin. The 4th edition of this textbook is also acceptable.
Additional texts recommended for consultation:
Aaker, D.A. (1996). Building Strong Brands. New York: The Free Press.
Blois, K. (Ed.) (2000). The Oxford Textbook of Marketing. Oxford: Oxford University Press.
de Chernatony, L. & McDonald, M. (1998). Creating Powerful Brands (2nd ed.). Oxford: Butterworth-Heinemann.
Dibb, S. & Simkin, L (2004), Marketing Briefs: A revision and study guide (2nd ed.), Oxford: Elsevier Butterworth-Heinemann
Enis, B.B. Cox, K.K and Mokwa, M.P. (1994). Marketing Classics: A selection of influential articles (8th ed.), Englewood Cliffs, NJ: Prentice Hall.
Fifield, P. (2007) Marketing Strategy: The Difference between Marketing and Markets, (3rd ed.), Oxford: Elsevier Butterworth-Heinemann.
Hooley, G. Saunders, J. and Piercy, N. (2008). Marketing Strategy and Competitive Positioning (4th ed.). London: FT Prentice Hall.
Kapferer, J.L. (2008), The New Strategic Brand Management Creating and Sustaining Brand Equity Long Term (4th ed.). London Kogan Page:
The question first appeared on Write My Essay