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A Class with Drucker - Headway | Work on yourself

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The assembly line, especially the moving assembly line, was important<br />

as a tactic to enable low prices in supporting Ford’s strategy. As a result,<br />

the famous Model T dominated the industry for several decades and was<br />

arguably the most successful automobile of all time. Only later did Ford<br />

go after other mid-priced and later high-priced market segments.<br />

However, had Ford selected a different strategy to serve high-end customers,<br />

as did Cadillac and Oldsmobile, an assembly-line tactic would<br />

have been inc<strong>on</strong>gruent <str<strong>on</strong>g>with</str<strong>on</strong>g> this strategy. No matter how well implemented<br />

his assembly line, the overproducti<strong>on</strong> and lack of uniqueness and<br />

exclusiveness would not have been attractive to wealthy prospects.<br />

Clearly, strategy is more important than tactics. While it is desirable to<br />

be <strong>on</strong> target <str<strong>on</strong>g>with</str<strong>on</strong>g> both, it is far better to be pursuing the right marketing<br />

strategy <str<strong>on</strong>g>with</str<strong>on</strong>g> less than optimal selling than vice versa.<br />

<str<strong>on</strong>g>Drucker</str<strong>on</strong>g> Less<strong>on</strong> Summary<br />

Here are some of the key aspects of <str<strong>on</strong>g>Drucker</str<strong>on</strong>g>’s theory <strong>on</strong> the relati<strong>on</strong>ship<br />

between marketing and selling:<br />

■ A poor marketing strategy cannot be overcome by good implementati<strong>on</strong><br />

or marketing tactics; marketing strategy is the governing<br />

aspect.<br />

■ Marketing and selling are neither syn<strong>on</strong>ymous nor necessarily<br />

complementary.<br />

■ The objective of marketing (and therefore marketing strategy) is to<br />

make selling superfluous.<br />

■ Selling and marketing can be adversarial.<br />

THE OBJECTIVE OF MARKETING ■ 107<br />

<str<strong>on</strong>g>Drucker</str<strong>on</strong>g> did not intend to negate the importance of selling. Advertising,<br />

distributi<strong>on</strong>, and face-to-face selling are all critical functi<strong>on</strong>s.<br />

<str<strong>on</strong>g>Drucker</str<strong>on</strong>g> wanted us to understand that marketing was the governing factor<br />

of any business and was so central to all business that its goal was to<br />

make selling unnecessary, even if this objective could never be attained in<br />

the real world.

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