914 MSI Review - Marketing Science Institute
914 MSI Review - Marketing Science Institute
914 MSI Review - Marketing Science Institute
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Inside<br />
FALL 2007<br />
2 New Member Companies<br />
3 Snapshot: Design Meets <strong>Marketing</strong><br />
12 2007 Young Scholars<br />
M A R K E T I N G S C I E N C E I N S T I T U T E<br />
Interview with Executive Director Russell Winer<br />
Russell S. Winer began a two-year appointment<br />
as <strong>MSI</strong>’s Executive Director in July. In this<br />
role, he oversees the quality and content of<br />
<strong>MSI</strong>-sponsored research, and facilitates the<br />
matching of research interests between <strong>MSI</strong>’s corporate<br />
members and academics from universities around<br />
the world. He succeeds Dominique Hanssens of<br />
UCLA.<br />
Winer comes to Cambridge from New York City,<br />
where he is the William Joyce Professor of <strong>Marketing</strong><br />
at the Stern School of Business, New York University.<br />
He has also been on the faculties of Columbia and<br />
Vanderbilt universities and the University of California<br />
at Berkeley, and has been a visiting faculty member<br />
at MIT, Stanford University, and Cranfield School of<br />
Management (U.K.), among other schools.<br />
Although he has published on a number of topics,<br />
he is particularly interested in modeling consumer<br />
choice, psychological aspects of price, and interactive<br />
marketing using the new digital media.<br />
Winer’s involvement with <strong>MSI</strong> goes back to 1992,<br />
when he began a six-year term as an Academic Trustee.<br />
In 2005, he authored Pricing, a research monograph<br />
in <strong>MSI</strong>’s Relevant Knowledge series. He has also<br />
received <strong>MSI</strong> funding for several projects.<br />
He is the author of three books, <strong>Marketing</strong><br />
Management, Analysis for <strong>Marketing</strong> Planning, and<br />
Product Management, and has written numerous<br />
The recipient of <strong>MSI</strong>’s first Visiting Scholar<br />
Award, Steven M. Burgess of the University<br />
of Cape Town, will speak at <strong>MSI</strong>’s November<br />
Trustees Meeting on “<strong>Marketing</strong> Renaissance:<br />
How Research in Emerging Markets Advances<br />
<strong>Marketing</strong> <strong>Science</strong> and Practice.” Using examples<br />
from Unilever, J&J, Anglo Gold, Sahara Computers,<br />
and other firms, Burgess will discuss the institutional<br />
characteristics of emerging markets that often<br />
challenge conventional wisdom about the drivers<br />
of marketing success.<br />
As a visiting scholar at the Kenan-Flagler Business<br />
School, University of North Carolina, Burgess is currently<br />
conducting research on customer segmentation<br />
papers on topics including consumer choice, marketing<br />
research methodology, marketing planning,<br />
advertising, and pricing. He is past editor of the<br />
Journal of <strong>Marketing</strong> Research and the Journal of<br />
Interactive <strong>Marketing</strong>, the co-editor of the <strong>Review</strong><br />
of <strong>Marketing</strong> <strong>Science</strong>, an associate editor at the<br />
International Journal of Research in <strong>Marketing</strong>,<br />
and he is on the editorial boards of the Journal<br />
of <strong>Marketing</strong>, the Journal of <strong>Marketing</strong> Research,<br />
<strong>Marketing</strong> <strong>Science</strong>, and <strong>Marketing</strong> Letters.<br />
He received a B.A. in economics from Union<br />
College and an M.S. and Ph.D. in industrial<br />
administration from Carnegie Mellon University.<br />
Below, he discusses his views on marketing<br />
and <strong>MSI</strong>, and his goals as executive director.<br />
<strong>MSI</strong>: Have marketing issues changed much since<br />
you were an Academic Trustee in the 1990s?<br />
RW: The basic issues in marketing—what we call<br />
the four Ps—are the same: price, communications<br />
(promotions), distribution channels (place), and<br />
product-related issues such as branding and design.<br />
The big change has been the impact of technology.<br />
This has changed the marketing manager’s job<br />
and the nature of what is going on every day in<br />
marketing. Feedback to managers about whether<br />
they’re doing a good job is much quicker. Back in<br />
<strong>MSI</strong> Visiting Scholar to Speak at Trustees Meeting<br />
Continued on page 4 >><br />
in emerging markets with Jan-Benedict Steenkamp,<br />
who is C. Knox Massey Distinguished Professor of<br />
<strong>Marketing</strong> and a former <strong>MSI</strong> Academic Trustee.<br />
At the University of Cape Town, Burgess is<br />
Director of Research and Professor of Business<br />
Administration at the Graduate School of Business.<br />
He is also William Davidson <strong>Institute</strong> Faculty<br />
Affiliate at the Ross School of Business, University<br />
of Michigan. His publications include a recent<br />
<strong>MSI</strong> working paper, “Market Orientation and<br />
Performance at the ‘Base of the Pyramid’: The Case<br />
of Zimbabwean Retailers” (Report No. 06-104)<br />
with Pfavai Nyajeka. ●
New Member<br />
Companies<br />
Eight companies have<br />
joined <strong>MSI</strong>’s distinguished<br />
list of member companies<br />
in the past year:<br />
Applied Biosystems<br />
Con-way Inc.<br />
CVS/Caremark Corporation<br />
General Electric Company<br />
Harley-Davidson, Inc.<br />
Symphony Technology Group<br />
Time Warner Cable<br />
United Parcel Service, Inc.<br />
(UPS)<br />
2<br />
News<br />
Robert D. Buzzell <strong>MSI</strong> Best Paper Award<br />
The 2007 Robert D. Buzzell <strong>MSI</strong> Best Paper Award was awarded to the authors of two working papers:<br />
George S. Day for “Aligning the Organization with the Market” (<strong>MSI</strong> Report No. 05-110) and Debanjan<br />
Mitra and Peter N. Golder for “Customer Perceptions of Product Quality: A Longitudinal Study”<br />
(<strong>MSI</strong> Report No. 05-120).<br />
The <strong>MSI</strong> Best Paper Award was instituted in 1993 to honor the authors of the <strong>MSI</strong> working papers<br />
that have made the most significant contribution to marketing practice and thought. It also signals the kind<br />
of writing and research that is of lasting value to corporate marketing executives.<br />
Hanssens Receives Churchill Lifetime Achievement Award<br />
Dominique Hanssens, <strong>MSI</strong>’s 2005–07 Executive Director, was awarded the 2007 Gilbert A. Churchill<br />
Award for lifetime achievement in the academic study of marketing research. The Churchill Award is<br />
administered by the <strong>Marketing</strong> Research Special Interest Group of the American <strong>Marketing</strong> Association.<br />
Past recipients include past <strong>MSI</strong> Executive Director Donald R. Lehmann, who was given the award<br />
in 2005.<br />
<strong>MSI</strong> H. Paul Root Award<br />
Gary F. Gebhardt, Academic Trustee Gregory S. Carpenter, and John F. Sherry Jr. were chosen to receive<br />
the 2006 <strong>MSI</strong> H. Paul Root Award for their article, “Creating a Market Orientation: A Longitudinal,<br />
Multifirm, Grounded Analysis of Cultural Transformation,” which appeared in the Journal of <strong>Marketing</strong><br />
(October 2006). The article was chosen by the members of the JM editorial review board for its significant<br />
contribution to the advancement of marketing practice. An earlier version appeared as an <strong>MSI</strong> working<br />
paper (<strong>MSI</strong> Report No. 06-107).<br />
<strong>MSI</strong> Researchers Win Lehmann Award<br />
Debora Viana Thompson, Rebecca Hamilton, and Roland T. Rust were awarded the Donald R. Lehmann<br />
Award for “Feature Fatigue: When Product Capabilities Become Too Much of a Good Thing,” which<br />
appeared in the Journal of <strong>Marketing</strong> Research (November 2005).<br />
The award, named in honor of past <strong>MSI</strong> Executive Director Donald R. Lehmann, is given to the best<br />
dissertation-based paper appearing in either the Journal of <strong>Marketing</strong> or Journal of <strong>Marketing</strong> Research. It is<br />
administered by the <strong>Marketing</strong> Research Special Interest Group of the American <strong>Marketing</strong> Association.<br />
The JMR paper was based on Thompson’s dissertation, which was a winner of the 2004 Alden G.<br />
Clayton Dissertation Proposal competition, and was later published as an <strong>MSI</strong> working paper (<strong>MSI</strong><br />
Report No. 05-101).<br />
Berry-AMA Book Prize Announced<br />
The 86% Solution: How to Succeed in the Biggest <strong>Marketing</strong> Opportunity of the 21st Century by Vijay<br />
Mahajan and Kamini Banga has been awarded the 2007 Berry-AMA Book Prize for the best book in<br />
marketing. The book explores the opportunities offered by emerging markets, presenting techniques and<br />
strategies to unleash new growth and profitability. It was published by Wharton School Publishing in 2006.<br />
The Berry-AMA Book Prize, supported by the American <strong>Marketing</strong> Association Foundation, recognizes<br />
innovative ideas with significant impact on marketing and related fields. The panel of judges, led by<br />
<strong>MSI</strong> Executive Director Russell Winer, included Chief <strong>Marketing</strong> Officer Earl Taylor and Executive<br />
Committee member Gordon Wyner.<br />
M S I R E V I E W F A L L 2 0 0 7
Snapshot<br />
Design Meets <strong>Marketing</strong>:<br />
Service Innovation by Design<br />
PALO ALTO, CALIFORNIA, OCTOBER 15–17, 2007<br />
Design principles—which catalyze and shape product innovation—apply not only to<br />
physical products, but also to services. This conference, co-chaired by Peter Lawrence of<br />
the Corporate Design Foundation, explored how emerging developments in the use of<br />
design and design thinking can lead to true innovation in services and customer experience.<br />
SPEAKERS<br />
John Barratt, Teague<br />
Klaus Brauer, Boeing Commercial Airplanes<br />
John Bricker, Gensler<br />
Herman D’Hooge, Intel Corporation<br />
Peter Dixon, Lippincott<br />
Joe Flannery, The North Face<br />
Kevin Giglinto, Chicago Symphony Orchestra<br />
Lee Green, IBM Corporation<br />
Alison Guy, McDonald’s USA<br />
Mark Jones, IDEO<br />
Jim Kelly, ING Direct<br />
Robert Kozinets, York University<br />
Dan Kraemer, IA Collaborative<br />
Richard Neuner, Blue Cross Blue Shield<br />
Doug Palladini, Vans, Inc.<br />
Joann Peck, University of Wisconsin-Madison<br />
Diego Rodriguez, IDEO and Stanford University<br />
DISCUSSION MODERATOR<br />
Jerry Wind, University of Pennsylvania<br />
PANELISTS<br />
Lee Green, IBM Corporation<br />
Doug Palladini, Vans, Inc.<br />
Diego Rodriguez, IDEO and Stanford University<br />
Jeff Hartley, General Motors<br />
Corporation, and Chris Han, Stanford<br />
University<br />
Jenne Meyer, Harley-<br />
Davidson, Inc., and<br />
speaker Robert Kozinets<br />
Matt Alverson, IA Collaborative, and<br />
speaker Doug Palladini<br />
Conference co-chair Peter Lawrence<br />
and speaker Kevin Giglinto<br />
Speaker Klaus Brauer and<br />
<strong>MSI</strong> Chief <strong>Marketing</strong> Officer<br />
Earl Taylor<br />
M S I R E V I E W F A L L 2 0 0 7 3
<strong>MSI</strong> Profile:<br />
Russ Winer<br />
TOP MARKETING ISSUE:<br />
How to deal with the<br />
new media<br />
LAST BOOK READ:<br />
The Coldest Winter: America<br />
and the Korean War by David<br />
Halberstam<br />
LAST COUNTRY VISITED:<br />
Vietnam<br />
MOST INFLUENTIAL PERSON:<br />
My wife, Toby<br />
FAVORITE CITY:<br />
London (if not New York)<br />
EXTRACURRICULAR:<br />
Golf, Boston sports teams<br />
MOST INFLUENTIAL BOOK:<br />
Phil Kotler’s 1971 <strong>Marketing</strong> Models<br />
4<br />
>> Continued from page 1<br />
the ’60s and ’70s, it took a few months to learn<br />
what your market shares were. Now you can learn<br />
day by day. For better or for worse the information<br />
is more timely, and the feedback you’re getting from<br />
customers is much, much faster. This is, of course,<br />
reflected in the theme of the current <strong>MSI</strong> research<br />
priorities, “The Connected Customer.” I expect that<br />
the impact of technology in areas such as the rapid<br />
expansion of new digital media will also be reflected<br />
in the next set of priorities which will be announced<br />
in mid-2008.<br />
The question is, how do you manage customers<br />
who have lots of information and talk to each<br />
other? Our conference in December (“Engaging<br />
Communities for the Company and the Brand”)<br />
is one manifestation of that question. At this<br />
conference, speakers from academia and industry<br />
will discuss both company-managed and “organic”<br />
communities, the latter resulting from customers<br />
themselves organizing to provide feedback to companies.<br />
Another is our February 2008 conference<br />
(“Leveraging Online Media and Online <strong>Marketing</strong>”).<br />
Integrating the new media with the “old” media<br />
(e.g., TV) will obviously be on the agenda there.<br />
Can you discuss some current <strong>MSI</strong><br />
research initiatives?<br />
I'm particularly interested in the work we’re doing<br />
to match up researchers and companies who may be<br />
willing to share data. It’s not a simple process. First,<br />
we have to identify companies and data that will<br />
provide sufficient value so that the resulting research<br />
will actually break new ground in some area. Then<br />
there are internal hurdles within companies to get<br />
permission to make sensitive data available for<br />
academic research. In a several-thousand-personnel<br />
company, finding the appropriate person who has<br />
access to data is complicated. And there are always<br />
technical issues.<br />
Despite the difficulties, I think <strong>MSI</strong> has a very<br />
important role in helping academics gain access to<br />
member company data and access to executives in<br />
member companies. I’m hopeful that we will<br />
develop some good models for this process.<br />
Another initiative I’m excited about is our<br />
research competition, “<strong>Marketing</strong> Strategy Meets<br />
Wall Street.” There’s been a great response, and we<br />
have received about 35 research proposal submissions.<br />
A positive side effect of this initiative is that many<br />
of the proposals are co-authored with finance and<br />
accounting faculty members—making this initiative<br />
truly interdisciplinary.<br />
The Wall Street initiative is a great example of<br />
what <strong>MSI</strong> has done well in the past: gotten out in<br />
M S I R E V I E W F A L L 2 0 0 7<br />
front of a topic, put our resources behind it, and<br />
then disseminated a set of funded studies. Brand<br />
equity, market orientation, innovation—these are<br />
areas where <strong>MSI</strong>’s attention and support at nascent<br />
stages essentially defined the research agenda and<br />
then moved it forward.<br />
The Wall St. initiative addresses the critical<br />
question of marketing productivity. It dovetails<br />
well with what’s going on at the CMO/CEO<br />
level. Instead of looking at the effects of marketing<br />
advertising on improving attitudes or repositioning,<br />
we’re taking it to the next step—or even two steps<br />
further—and asking, what’s it doing to our stock<br />
price? Is it increasing shareholder wealth?<br />
What new efforts do you plan to launch?<br />
My major effort will be to increase <strong>MSI</strong>’s visibility<br />
among academic institutions and researchers in the<br />
Pacific Rim—China, Korea, Singapore, and Hong<br />
Kong—and get more research proposals from those<br />
institutions.<br />
There’s been significant growth in Western<br />
companies’ interest in doing business in the region<br />
and an increase in the number of business schools<br />
there. Over time, I hope to see an increase in the<br />
number of academics doing high-quality research<br />
and presenting it to our members. It’s going to take<br />
a number of years, however, for many faculty in the<br />
Pacific Rim area to consistently produce research<br />
that meets U.S. academic standards.<br />
<strong>MSI</strong> has a significant role to play in that we can<br />
help improve the quality of research coming out of<br />
those countries through our research proposal<br />
review process. Even if proposals are not funded,<br />
we give researchers useful feedback that ultimately<br />
improves the work. And when proposals are funded,<br />
a $5,000 research grant represents a lot to a<br />
researcher in India or China or Korea.<br />
I think <strong>MSI</strong> can have sustainable impact on<br />
the quality of academic research in the region—<br />
not necessarily during my two-year appointment<br />
but over a period of five to ten years. This faculty<br />
development process is good for the academic world<br />
and for our member companies, since they will have<br />
a larger set of research to draw upon. Our <strong>MSI</strong><br />
trustees are interested in the best work, not limited<br />
to the best American or best European work. How<br />
is consumer behavior or brand loyalty different in<br />
some of these countries? What are the differences in<br />
the decision-making process of B-to-B customers?<br />
How does this affect distribution channels?<br />
Certain issues may be the same whether you're<br />
in China or in the U.S.—how to price a product<br />
appropriately, how to communicate that to customers,
how to structure your sales force. But the execution<br />
may be quite different because of institutional differences<br />
or governmental restrictions. How do you<br />
do these things in a communist economy?<br />
I will present the “<strong>MSI</strong> story” at a major conference<br />
in Shanghai in March and I hope to generate<br />
interest and questions about <strong>MSI</strong>. The downside<br />
is that we could then be overrun with research<br />
proposals—but that’s not a bad problem to have.<br />
At some point, I would like <strong>MSI</strong> to have a cadre<br />
of “ambassadors” in these Pacific Rim countries to<br />
help further our research mission and, at some<br />
point, also develop relations with companies.<br />
What are your overall impressions of <strong>MSI</strong> after<br />
a few months as executive director?<br />
The leadership of the institution is strong. It’s<br />
gratifying to see that many companies have been<br />
with <strong>MSI</strong> for a number of years, and that we’re<br />
reaching out to new companies. I think that the<br />
health of the organization has never been better in<br />
terms of the number of member firms and those<br />
that want to join.<br />
I’m excited to be here. The two biggest influences<br />
on my career are past <strong>MSI</strong> executive directors:<br />
Rick Staelin, who was my thesis advisor, and Don<br />
Lehmann, who was a colleague in my first job at<br />
Columbia. So it almost seems like destiny that I<br />
become the executive director at some point! <strong>MSI</strong><br />
has had so many great people involved. This is a<br />
great job. A lot of people think it’s the best job in<br />
academia. ●<br />
Snapshot<br />
CMO Summit:<br />
Driving Customer-Focused Growth<br />
EVANSTON, ILLINOIS, SEPTEMBER 19–21, 2007<br />
The sixth CMO Summit, co-hosted by <strong>MSI</strong>, McKinsey & Company, and<br />
Northwestern University, addressed the broad and complex challenges<br />
of driving customer-focused growth throughout the firm while expanding<br />
marketing’s role within the firm.<br />
Conference co-chair Gregory S. Carpenter,<br />
Northwestern University, and discussion moderator<br />
and past <strong>MSI</strong> Executive Director Donald Lehmann,<br />
Columbia University<br />
David Ricanati, American Greetings<br />
Corporation, and Joan Gulley, The PNC<br />
Financial Services Group, Inc.<br />
Speaker Tom French,<br />
McKinsey & Company<br />
Speaker Philip Kotler,<br />
Northwestern University<br />
M S I R E V I E W F A L L 2 0 0 7 5
Speaker Rajendra Srivastava, Sean Bauld, Reuters, speaker<br />
Robert Leone, and discussion moderator V. Kumar<br />
6<br />
Snapshot<br />
<strong>Marketing</strong> Metrics and Financial Performance<br />
BOSTON, MASSACHUSETTS, DECEMBER 6–8, 2006<br />
Do increases in sales always correspond to increases in brand equity or in customer<br />
equity? How do customer metrics relate to business performance? This conference<br />
explored questions that emerge with the development of new marketing metrics and<br />
an abundance of good customer and marketing data.<br />
SPEAKERS<br />
Stoddard Crane, Darden Restaurants, Inc.<br />
Martyn J. Crook, General Mills, Inc.<br />
Mike Duffy, ACNielsen Advisory Services<br />
Carl T. Finkbeiner, TNS North America<br />
Lisa Gudding, GfK Custom Research Inc.<br />
Robert Leone, Ohio State University<br />
Prasad A. Naik, University of California, Davis<br />
Nancy Patton, Custom Strategies LLC, representing U.S. Bancorp<br />
Randle D. Raggio, Louisiana State University<br />
John Roberts, Australian Graduate School of Management<br />
and London Business School<br />
Bernd Skiera, University of Frankfurt<br />
Rajendra Srivastava, Emory University<br />
Daniel W. Thorpe, Wachovia Bank<br />
Jenny van Doorn, University of Groningen<br />
DISCUSSION MODERATORS<br />
V. Kumar, University of Connecticut<br />
Donald Lehmann, Columbia University<br />
David J. Reibstein, University of Pennsylvania<br />
Gerald Lopez, Rohm and Haas Company, and<br />
speaker Lisa Gudding<br />
M S I R E V I E W F A L L 2 0 0 7<br />
Speaker Daniel Thorpe<br />
Discussion moderator and past <strong>MSI</strong><br />
Executive Director David Reibstein,<br />
Heidelore I. Rowan, DuPont<br />
Company, and Emina Hrustic,<br />
Young & Rubicam Inc.
Snapshot<br />
Board of Trustees Meeting<br />
Challenging Unconventional (and<br />
Conventional) Wisdom<br />
BOSTON, MASSACHUSETTS, APRIL 12–13, 2007<br />
Has the death of broadcast and print media been greatly exaggerated? Has time<br />
run out for the middle as markets morph into high- and low-end hour-glasses? Leading<br />
thinkers from business and academia examined these and other examples of unconventional<br />
(and conventional) marketing wisdom.<br />
SPEAKERS<br />
Lyn Benton, Benton Consulting<br />
Bart J. Bronnenberg, UCLA<br />
Michael Duffy, The Nielsen Company<br />
Anita Elberse, Harvard Business School<br />
Dominique Hanssens, UCLA and <strong>MSI</strong><br />
Scott McDonald, Condé Nast Publications, Inc.<br />
David Poltrack, CBS Corporation<br />
Mohanbir Sawhney, Northwestern University<br />
Hans-Willi Schroiff, Henkel KGaA<br />
V. Seenu Srinivasan, Stanford University<br />
Gordon A. Wyner, Millward Brown, Inc.<br />
DISCUSSION GROUP LEADERS<br />
Patrick Barwise, London Business School<br />
Rohit Deshpandé, Harvard Business School<br />
Punam Anand Keller, Dartmouth College<br />
Jay Moore, General Electric Company<br />
Russell Winer, New York University<br />
Discussion group leader Jay Moore, speaker<br />
and <strong>MSI</strong> Executive Committee member Hans-<br />
Willi Schroiff, and Susan Stoev, Eastman<br />
Kodak Company<br />
Discussion group<br />
leader Punam<br />
Anand Keller<br />
Maarten Schellekens, McKinsey & Company,<br />
and speaker Anita Elberse<br />
<strong>MSI</strong> Distinguished Research Associate Alvin<br />
J. Silk, Harvard Business School, and John D.<br />
C. Little, Massachusetts <strong>Institute</strong> of Technology<br />
Henryka Komanska, Colgate-<br />
Palmolive Company<br />
Speakers V. Seenu Srinivasan<br />
and Gordon Wyner, <strong>MSI</strong><br />
Executive Committee member<br />
<strong>MSI</strong> Executive Committee member Jim<br />
Figura, Colgate-Palmolive Company,<br />
Richard Hodges, L.L. Bean, Inc., and<br />
speaker Michael Duffy<br />
M S I R E V I E W F A L L 2 0 0 7 7
Speaker Vivian Callaway<br />
8<br />
Snapshot<br />
William Sidwell, Hewlett-Packard Company,<br />
and Donna MacFarland, Vanguard Group<br />
Creating and Cultivating Brand Connections<br />
MINNEAPOLIS, MINNESOTA, JUNE 6–8, 2007<br />
Co-sponsored with the <strong>Institute</strong> for Research in <strong>Marketing</strong> at the Carlson School of<br />
Management, University of Minnesota, this conference explored the challenges of managing<br />
brands in an environment where rapid changes in communications technology<br />
and globalization of markets are creating communities of connected customers.<br />
SPEAKERS<br />
Rohini Ahluwalia, University of Minnesota<br />
Rajeev Batra, University of Michigan<br />
Vivian Callaway, General Mills, Inc.<br />
Giana M. Eckhardt, Suffolk University<br />
Pam Forbus, Frito-Lay, Inc.<br />
Dominique Hanssens, UCLA and <strong>MSI</strong><br />
Kevin Lane Keller, Dartmouth College<br />
Anca Cristina Micu, Sacred Heart University<br />
Kim Olson, Carlson Companies<br />
C. Whan Park, University of Southern California<br />
Akshay R. Rao, University of Minnesota<br />
Lopo L. Rego, University of Iowa<br />
Baba Shiv, Stanford University<br />
Lance Thornswood, Target Corporation<br />
DISCUSSION MODERATORS<br />
Mark Bergen, University of Minnesota<br />
Rajesh Chandy, University of Minnesota<br />
George John, University of Minnesota<br />
Barbara Loken, University of Minnesota<br />
Om Narasimhan, University of Minnesota<br />
Baba Shiv, Stanford University<br />
PANELISTS<br />
Diane Harper, Kraft Foods, Inc.<br />
James Henney, Wells Fargo & Company<br />
David Krajicek, GfK<br />
M S I R E V I E W F A L L 2 0 0 7<br />
Conference co-chair and<br />
speaker Akshay Rao,<br />
and speaker Dominique<br />
Hanssens, 2005-07 <strong>MSI</strong><br />
Executive Director<br />
Discussion moderator George John and<br />
speaker Kevin Lane Keller<br />
Stan Joosten, Procter &<br />
Gamble Company
Snapshot<br />
Accelerating Market Acceptance<br />
in a Networked World<br />
LOS ANGELES, CALIFORNIA, MARCH 14–16, 2007<br />
How can marketers conceptualize, implement, and measure marketing efforts in<br />
an environment mediated by social networks and peer-to-peer communication? This<br />
conference, co-sponsored with the Center for Global Innovation at the University of<br />
Southern California’s Marshall School of Business, offered business and academic<br />
perspectives as well as a pre-conference program on new analytical developments.<br />
SPEAKERS<br />
Barry L. Bayus, University of North Carolina<br />
Pete Blackshaw, Nielsen BuzzMetrics<br />
Rosanna Garcia, Northeastern University<br />
Shawndra Hill, University of Pennsylvania and<br />
AT&T Laboratories<br />
Yansong Hu, University College Dublin<br />
John Lynch, Duke University<br />
Puneet Manchanda, University of Chicago<br />
Kevin McCarthy, Procter & Gamble Tremor<br />
David Midgley, INSEAD<br />
Patrick Moriarty, OTX<br />
Elizabeth Noonan, Eastman Kodak Company<br />
Glen Schmidt, University of Utah<br />
Stefan Stremersch, Erasmus University<br />
Gerard J. Tellis, University of Southern California<br />
Demetrios Vakratsas, McGill University<br />
Christophe Van den Bulte, University of Pennsylvania<br />
DISCUSSION MODERATORS<br />
Barry Bayus, University of North Carolina<br />
Dawn Iacobucci, University of Pennsylvania<br />
David Midgley, INSEAD<br />
Stefan Stremersch, Erasmus University<br />
Gregory Alley, Harley-Davidson, and<br />
Maria Kratcholova, McGill University<br />
Speakers Shawndra Hill<br />
and Pete Blackshaw<br />
Suzan Burton, Macquarie<br />
University, and Maryann Beebe,<br />
Merck & Company<br />
Conference co-chair Gerard Tellis and<br />
Bernarde Duesenberg, Mars, Inc.<br />
Speaker John Lynch and<br />
Pat Crane, Eastman<br />
Kodak Company<br />
M S I R E V I E W F A L L 2 0 0 7 9
Panelist Martin Campiche, speaker Jutta Menninger, and Bruno Horst, University<br />
of Applied <strong>Science</strong> & Technology<br />
1 0<br />
Snapshot<br />
Managing Customers vs. Managing Brands:<br />
Striking the Balance<br />
FONTAINEBLEAU, FRANCE, MAY 3–4, 2007<br />
One business might rely predominantly on brand building and brand management;<br />
another might focus exclusively on managing its customer base. Most businesses use<br />
a combination of both approaches when they go to market. This conference offered<br />
a better understanding of how these two approaches are linked.<br />
SPEAKERS<br />
Frédéric Dalsace, HEC School of Management<br />
Dieter Ebbers, Henkel KGaA<br />
Mark Grether, United Internet AG<br />
Jutta Menninger, PricewaterhouseCoopers AG<br />
Werner Reinartz, INSEAD<br />
Roland Rust, University of Maryland<br />
Hans-Willi Schroiff, Henkel KGaA<br />
Peter Verhoef, University of Groningen<br />
Gabriele Zedlmayer, Hewlett-Packard Company<br />
DISCUSSION MODERATORS<br />
Markus Christen, INSEAD<br />
Oliver Heil, Universitat Mainz<br />
Russell S. Winer, New York University<br />
PANELISTS<br />
Martin Campiche, General Electric Company<br />
Olga Prosetskaya, Campbell Soup Company<br />
Roger Sant, Millward Brown<br />
M S I R E V I E W F A L L 2 0 0 7<br />
Speaker Roland Rust, Clara Agustin, Instituto de Empresa,<br />
and Oliver Götz, Institut fur <strong>Marketing</strong><br />
Discussion moderator<br />
Russell S. Winer, <strong>MSI</strong><br />
2007-09 Executive<br />
Director, Gilles Laurent,<br />
Groupe HEC, and<br />
Richard Low, Eli Lilly<br />
and Company
Snapshot<br />
Board of Trustees Meeting<br />
Beyond <strong>Marketing</strong> Mix: Making <strong>Marketing</strong><br />
More Effective<br />
SAN FRANCISCO, CALIFORNIA, NOVEMBER 9–11, 2006<br />
Channel proliferation and media fragmentation have complicated the marketing mix.<br />
Further, with 80% of the U.S. economy now in the service sector, employees have<br />
become a significant component of firms’ marketing assets. This conference looked<br />
at how firms can move beyond traditional marketing mix models and management<br />
practices to operate more effectively in this environment.<br />
SPEAKERS<br />
Pablo Azar, Allstate Insurance Company<br />
Randolph E. Bucklin, UCLA<br />
John Deighton, Harvard Business School<br />
Alison Lewis, The Coca-Cola Company<br />
James Mendelsohn, Capital One Financial Services, Inc.<br />
Ann Miller, Amgen Inc.<br />
Sylvia Reynolds, Wells Fargo & Company<br />
Venkatesh Shankar, Texas A&M University<br />
DISCUSSION FACILITATORS<br />
Ruth Bolton, Arizona State University<br />
John Hauser, MIT<br />
Dominique Hanssens, UCLA and <strong>MSI</strong><br />
Donald Lehmann, Columbia University<br />
Earl Taylor, <strong>MSI</strong><br />
Gerard J. Tellis, University of Southern California<br />
PANELISTS<br />
James Figura, Colgate-Palmolive Company<br />
Michele Madansky, Yahoo! Inc.<br />
Nicole O’Rourke, Aetna Inc.<br />
Sudeep Haldar,<br />
Kraft Foods, Inc.,<br />
and Douglas Smith,<br />
IBM Corporation<br />
Mary Ellen Muckerman, Condé<br />
Nast Publications, Inc.<br />
Speaker James<br />
Mendelsohn<br />
Stuart Sheldon, The Coca-Cola Company,<br />
Jan-Benedict Steenkamp, University of<br />
North Carolina, and Valarie Zeithaml,<br />
University of North Carolina<br />
Raimund Wildner, GfK Nuernberg, Tony Siesfeld,<br />
Monitor Group, and Ian Turvill, Fair Isaac Corporation<br />
M S I R E V I E W F A L L 2 0 0 7 1 1
Snapshot<br />
Young Scholar Program<br />
PARK CITY, UTAH, JANUARY 4–7, 2007<br />
The biennial Young Scholar Program brings together scholars<br />
in marketing whose work suggests they are potential leaders<br />
of the “next generation” of marketing academics. Co-chaired<br />
by Gavan Fitzsimons, Duke University, and Duncan Simester,<br />
MIT, the meeting was designed to facilitate the exploration<br />
of research opportunities and to encourage future research<br />
collaboration.<br />
2007 YOUNG SCHOLARS<br />
Affiliations at time of selection<br />
Eduardo Andrade, University of California, Berkeley<br />
Jennifer Argo, University of Alberta<br />
Tamar Avnet, Yeshiva University<br />
Amitav Chakravarti, New York University<br />
Sucharita Chandran, Boston University<br />
Allan (Haipeng) Chen, University of Miami<br />
Tim Gilbride, Notre Dame University<br />
Rebecca Hamilton, University of Maryland<br />
Karsten Hansen, Northwestern University<br />
Justin Kruger, New York University<br />
Aparna Labroo, University of Chicago<br />
Michael V. Lewis, University of Florida<br />
Yong Liu, University of Arizona<br />
Dina Mayzlin, Yale University<br />
Pete McGraw, University of Colorado<br />
<strong>MSI</strong> Member Companies<br />
Young Scholars<br />
2007<br />
Andrea Morales, Arizona State University<br />
Om Narasimhan, University of Minnesota<br />
Dhananjay Nayakankuppam, University of Iowa<br />
Nathan Novemsky, Yale University<br />
Robert W. Palmatier, University of Cincinnati<br />
Young-Hoon Park, Cornell University<br />
Suresh Ramanathan, University of Chicago<br />
Vishal Singh, New York University/Carnegie Mellon University<br />
Catarina Sismeiro, Imperial College<br />
Rebecca Slotegraaf, University of Indiana<br />
Raji Srinivasan, University of Texas at Austin<br />
Olivier Toubia, Columbia University<br />
Stefan Wuyts, Tilburg University<br />
Catherine Yeung, National University of Singapore<br />
Rui (Juliet) Zhu, University of British Columbia<br />
Aetna Inc. • Allstate Insurance Company • Amgen Inc. • Applied Biosystems • AT&T Inc. • Bank of America •<br />
Bayer HealthCare LLC • Bristol-Myers Squibb Company • Campbell Soup Company • Capital One Financial<br />
Corporation • Carlson Companies • CBS Corporation • Chevron Corporation • Cisco Systems, Inc. •<br />
Citigroup Inc. • The Clorox Company • The Coca-Cola Company • Colgate-Palmolive Company • Condé Nast<br />
Publications, Inc. • Con-way Inc. • CVS/Caremark Corporation • Darden Restaurants, Inc. • Diageo Plc •<br />
DuPont Company • Eastman Kodak Company • Eli Lilly and Company • Fair Isaac Corporation • Ford Motor<br />
Company • General Electric Company • General Mills, Inc. • General Motors Corporation • GfK Group •<br />
Harley-Davidson, Inc. • Henkel KGaA • Hewlett-Packard Company • IBM Corporation • ING US Financial<br />
Services • Intel Corporation • Ipsos • Johnson & Johnson • Kraft Foods, Inc. • L.L. Bean, Inc. • McDonald’s<br />
Corporation • McKinsey & Company • Merck & Company, Inc. • Miller Brewing Company • Monitor Group •<br />
Nestlé USA • The Nielsen Company • Nielsen Media Research • Oliver Wyman • PepsiCo, Inc. • The PNC<br />
Financial Services Group, Inc. • Praxair, Inc. • The Procter & Gamble Company • Rohm and Haas Company •<br />
Royal Philips Electronics • Symphony Technology Group • TD Ameritrade • Time Inc. • Time Warner Cable •<br />
TNS • Unilever • United Parcel Service, Inc. (UPS) • The Vanguard Group • VF Corporation • VISA<br />
International • Wachovia Corporation • Wells Fargo & Company • WPP Group PLC • Yahoo! Inc.<br />
<strong>Marketing</strong> <strong>Science</strong> <strong>Institute</strong><br />
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mclippinger@msi.org<br />
Earl L. Taylor<br />
Chief <strong>Marketing</strong> Officer<br />
etaylor@msi.org<br />
Russell S. Winer<br />
Executive Director<br />
William Joyce Professor of <strong>Marketing</strong>,<br />
New York University<br />
rwiner@msi.org<br />
Kimberly Hellmuth<br />
Administrative Assistant, Research,<br />
Member Services, and Publications<br />
khellmuth@msi.org<br />
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Editorial Director<br />
skeane@msi.org<br />
Brian Kostantin<br />
Director of Finance and Administration<br />
bkostantin@msi.org<br />
Donna Peck<br />
Conference Director<br />
dpeck@msi.org<br />
Michele K. Rainforth<br />
Systems and Member Services Director<br />
mrainforth@msi.org<br />
Ross Rizley<br />
Research Director<br />
rizley@msi.org<br />
Josiah Spurr<br />
Administrative Assistant,<br />
Conferences and Systems<br />
jspurr@msi.org<br />
The <strong>MSI</strong> <strong>Review</strong> is sent to members<br />
and friends of the <strong>Marketing</strong><br />
<strong>Science</strong> <strong>Institute</strong>. Inquiries should be<br />
addressed to Susan Keane, Editor.