| IMC Assignments & Grading | ||
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MKTG 534 -- Spring 2007 Integrated Market Communications, Dr. Ralph Oliva Assignments/Grading/Principles of Conduct Grades will be based on the level of insight you bring to class, and how much thinking you've done to help enable us all to learn more about how to be better coaches in the design, development, and implementation of Integrated Market Communications campaigns or programs. There is no text assigned/required for this course… Students will need to get a copy of the course packet for the course (mandatory) as soon as possible from the student bookstore downtown. For students wanting to go deeper, a recommended text is IMC: The Next Generation, by Don and Heidi Schultz, McGraw Hill, 2004 Your grade will be based on: 1. Team Case Presentation (35%) 2. Four (4) Case Insight Assignments (20%) 3. Term Team Assignment – Integrated Market Communications Campaign Outline (45%) 4. Class Participation (+/- 20%) Important Notes on Submitting Assignments Electronically:
1. Assignment – Team Case Presentation – 35% of your grade We’ll look to “wring out” all we can learn together from a deep discussion of a carefully selected set of cases: o 30 minutes -- team presentations o 15 minutes -- Q&A o 15 minutes -- key takeaways / wrap-up. It's exceptionally important that case teams are well prepared, and can deliver case questions on their key recommendations, in no more than 30 minutes. We'll gain a lot from the insights provided by the team, and then expand on that in the usual, lively Smeal MBA fashion with active case discussion.
Presentation format:
·
Important the key insights or
lessons learned from the case. Case Evaluation –Grading Template for class presentations Content: · Actionnable recommendations (versus general recommendations) · Rationale for recommendations · Key lessons learned / insights
Presentation: · Focused · Captured audience attention · Well structured · Questions answered well · Overall quality of report / charts / presentation materials. 2. Assignment – Case Insights – 20% of Grade As
in any course with a heavy emphasis on cases, each student is expected to
read each of the cases to be covered in class, before the session in which
the case presentation is made. · The most important consideration in this case is:_______________________________ · The key question I would like to ask the management of this business is:___________ (Note: make your e-mail BRIEF: One page or less) Case insights are due by 6:00 AM on the day the case is being discussed in class. (Insights received after class discussion will be considered, but (in fairness) graded way down.) Each case insight will be graded –the top 4 selected for your final grade – you may chose to omit some insight assignments – but be sure to turn in at least 4 for your grade. Grading for case insights will be based on a thoughtful analysis of the case, key issues, and most important questions to be addressed to the team. Case insights can be done individually, in teams or in small groups other than your normal teams… Special Note: Audio Grading – Experimental To enable a more thorough feedback process on the case insights for this class we’ll experiment with an audio grading process. Each person/team presenting a case insight will receive an email with an audio file attached which can be opened with a free download described in the course packet… This is an experiment –class feedback is invited –should this not work for any reason –we’ll go back to the more standard approach of sending an email with the grade to each person/team.
3. Term Team Assignment – Integrated Market Communications Campaign Outline
Integrated Market Communications is about lining up all of the various touch points, media, and communication tools and techniques to achieve business results, and a higher Return on Investment.
The tools you’ll be learning, (including the 8-step process, templates for the construction of a value proposition and a position, the behavioral timeline, the “FOCUS Process”, the Creative Brief and others) will enable you, as an “IMC Coach”, to lead your team to greater IMC impact and stronger business results. And…remember that each market communications activity should work to achieve at minimum two effects:
Assignment: IMC Campaign Plan Outline To provide some practice in putting it all together, we’ll ask each team to develop and present an Integrated Market Communications Plan Outline to our class.
Each team should pick a product/service offering, or other business situation, and using the 8-step planning process, and the tools outlined in the course, prepare and present a campaign plan to achieve the business result you set for your endeavor. The plan should include each element of the 8-step process, outlined in enough detail so that a management team will understand your intentions, where you’re going, and what you want to do, including but not limited to:.
Teams should select a product, or a service, or business situation (e.g. a crisis situation, spin-off, launch of a new brand, etc) where you’re able to gather information necessary to do an outline plan from available sources.
Important Note: (Reasonable) Assumptions Required In doing an assignment such as this – the focus will be on having you get acquainted with each step of the process, to see where the challenges are and to think through how you would put things together. But…you’ll have to make some assumptions on many elements of the business situation as you go. Just let me know what those assumptions are – and in your plan suggest what data you’ll need. This in itself is a valuable part of the project – seeing where the data will fit –and giving you a feeling for the value of the data as part of the planning process.
(I certainly recognize that some of these data might be best guesstimates from the team of what might be required. When that’s the case, make reasonable assumptions and suggest further research or data gathering when needed. This will be most especially the case when outlining an approach to budgeting. Media costing is a tricky process, and is beyond the scope of this course, although students will be much better equipped to interface with advertising and media agencies for this purpose utilizing tools and techniques we’ll go through.)
Objective: An Integrated Market Communications Campaign is a carefully orchestrated, time phased, focused series of activities designed to produce a specific measurable business results. This IMC Campaign Plan Outline Assignment is not so much to create a “bulky” document, but to have the teams warm up with the 8-step plan and process tools, and other tools introduced in the program.
Milestones:
Suggested format for preparing the plan would be to work in PowerPoint to outline the plan – with details explained in the notes section of the PowerPoint, or in a separate Word document, whatever is preferable to the team.
Grades for this assignment: Teams will be graded on how well they use the tools and techniques taught in the course to create a plan that would be viable, one that if linked together with an agency would produce business results for their firm. Detailed knowledge of a specific domain of the offering will not necessarily impact grading for this course. Thoughtful use of the tools, templates, and approaches in the course, with additional insights from the teams own additional research – will boost the grade. And…
Most importantly, teams will be graded on chronicling what they’ve learned through this process. Where they’d like to go further. Where they found the process frustrating. Where they found the approach enabling. Suggestions for stronger, better Integrated Market Communications plans and outcomes.
Have Fun. Go Nuts! Questions? Please call me early in the module for clarification or explanation: 814-863-2782 roliva@psu.edu Connect with Cindy in the ISBM Office for an appointment…. 4. Class Participation +/- 20% of Grade We’ll be looking for insight versus “airtime”. Please use your name tents to help the process and be sure to add your insights, questions and texture to the class… This can be a “plus up”, neutral or knock down – so consider this in class…
Course Grading Guidelines: A+ Really outstanding. Only one group in the whole class may get this through the course of the semester. Totally new insights, frameworks for thinking, or tools for case analysis.
A Great
work. Obviously well thought through, recognized key insights and lessons,
brought new knowledge to bear on the problem, internally very consistent,
great presentation.
A- The course “benchmark” grade:
Very good work, beyond what was expected.
B+
Thorough and solid work a bit beyond
what was expected. Covers most important insights, worked through most
important issues.
B What
was expected. Good solid work, good groundwork in the fundamentals, solid
presentation and write-up, covered all the bases.
B-
Reflected some honest work on the problem, summarized the basics well, hit
the key points, missed one or more of the key lessons to be learned in the
case, didn't put the case presentation together effectively. C/D Clearly not what was expected or typical from a Smeal MBA. Cursorily covered the basics, didn't really bring anything new to the ballgame. Important: Principles of Conduct (Note: I’ve replaced a whole bunch of boilerplate here with the essence of the situation. It’s important that you read this carefully.)
First of all, on assignments, we suggest attaching the student integrity pledge, brought forth by your class:
“I/We ______________________ have neither given, utilized, received, nor witnessed unauthorized help on this deliverable and have completed this work honestly and in accordance to the professor’s guidelines.”
Dr. Ralph Oliva
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This site is for educational purposes and for the advancement of Business to Business Practices. © Ralph Oliva, 2003 |
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