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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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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 />

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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.

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