Make Marketing History

The views of a marketing deviant.

Monday, April 30, 2007

The No In Knowledge.

Some people suggest that it's taken the freedom of information encapsulated in the internet to undermine advertising's effectiveness. Others feel that this just coincided with a general disenchantment with hyperbole. Either way, I welcome a dose of sceptisicsm.

As a great piece in the McKinsey Quarterly recently said

Our business world is full of research and analysis that are comforting to managers: that success can be yours by following a formula, that specific actions will lead to predictable outcomes, and that greatness can be achieved no matter what rivals do. The truth is very different: the business world is not a place of clear causal relationships, where a given set of actions leads to predictable results, but one that is more tenuous and uncertain.

Good decision making is about knowing what questions to ask and questioning is inherently challenging (or negative, depending on your point of view). But it should not be ducked, because the other way lies the tyranny of the yes man culture. Reality checks are essential and their great benefit is that the sooner they come, the less painful they are.

When that's not learned on a cultural level, it's arguable that the outcome is even more costly. The parallels with bad marketing are obvious.

2 Comments:

Anonymous ann michael said...

John –

I have long felt that management fads are the result of people applying the latest and greatest idea to EVERYTHING in their path - partly to be in vogue and partly to make it all feel so much easier.

In their world there is no adaptation (just plug and play). There are no grey areas. Everything has a correct and confirmable answer.

But in life (and business) it just isn’t like that. Thanks for a great post – and that click through is really disturbing!

Ann

12:35 PM, April 30, 2007  
Blogger merjoem32 said...

Very interesting post. i have to admit that I'm not that knowledgeable about Internet advertising but your post really gave me something to think about.

3:10 PM, April 30, 2007  

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