Management and Leadership
Strategic Marketing for the Technical Executive
Dates: Jun 13-14, 2013| Nov 14-15, 2013
Certificate Track: Management and Leadership
Location: Cambridge, Massachusetts
Tuition: $2,900 (excluding accommodations)
Program Days (for certificate credit): 2
This program is designed to provide executives who already have deep technical or functional experience with a thorough review of the key concepts in marketing and strategy. The course begins by asking: what markets should you be in? This includes what markets should you enter, and just as importantly, when should you exit. The course then turns to tactical issues, describing how to optimize product, pricing, advertising and channel decisions. In the channel management module we describe how to work with channel partners and balance the twin demands of creating value together, while bargaining over who captures this value. The course describes the role of customer data and illustrates the most effective (and easily implemented) approaches for getting value from this data. After completing the course participants will have learned a common language, which they can use to interact more effectively with the marketing and strategy professionals in their own firms. Participants in the course include senior engineering, R&D, product development, project management, IT, finance, and manufacturing professionals, representing a wide range of consumer and business-to-business industries. While the program is designed for technical executives, these executives need not come from technology firms.
Join the MySloanExecEd Community Group for this program to network with past, present, and future participants.
Non-marketing managers will learn to look at marketing problems through the lens of an analytical framework that will help them better understand:
- How and when to contribute to the organization's marketing strategy
- How to collect customer data to support the product development process
- How to communicate more effectively with the marketing team
The insights gained in this program will enable participants to:
- Anticipate and take advantage of surprising inconsistencies in the customer decision process
- Evaluate market attractiveness and select target markets
- Manage the tradeoff between risk and information in the product development process
- Understand the keys to concept testing
- Form a structure for thinking about the design and management of distribution channels
- See why pricing decisions are complex and how they get made
- Manage an advertising campaign
This program has been developed for general and technical executives and key members of their staff who are responsible for project management of new product design, and development and distribution, including senior managers in:
- Engineering
- Research and Development
- Product Development
- Project Management
- Information Technology
- Manufacturing Managers
Titles of past participants include:
- Business Development Director
- Chief Executive Officer
- Executive Vice President, Finance
- Chief Technology Officer
- Research and Development Manager
- Director of Engineering
- Chief Operations Officer
- Director of Product Development
- Director of Product Management
- Head of Strategy and Administration
- General Manager
While the program is designed for technical executives, participants need not come from technology firms. Some organizations of past particpants include:
- Fidelity Investments
- Corning
- InterDigital Communications
- Raytheon
- Novartis
- FedEx
- Philadelphia Museum of Art
- Ernst & Young
- Kraft Foods
- Dell
- Whirlpool
- HP
- Medtronic
- Stonyfield
- Texas Children's Hospital
Please note that faculty are subject to change and not all faculty teach in each session of the program.
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Duncan Simester
Nanyang Technological University Professor
Professor of MarketingDuncan Simester investigates retail pricing and how customers form inferences about competitive prices from common marketing cues such as sale signs, price endings, installment billing offers, and credit card logos. Simester also investigates how operations research techniques can be used to optimize marketing decisions... ... (more) -
Catherine Tucker
Mark Hyman, Jr. Career Development Professor
Associate Professor of MarketingCatherine Tucker is the Mark Hyman Jr. Career Development Professor and Associate Professor (with tenure) of Marketing at MIT Sloan.Her research interests lie in how technology allows firms to use digital data to improve their operations and marketing, and in the challenges this poses for regulations designed to promote innovation...
... (more)
| DAY One SAMPLE | |
| 07:45 AM - 08:30 AM | Registration and Continental Breakfast |
| 08:30 AM - 12:30 PM | Extracting Value from Customers & Delivering Value to Customers |
| 12:30 PM - 01:30 PM | Luncheon |
| 01:30 PM - 05:00 PM | Explaining Value to Customers Marketing Simulation: Matching Products to Customers |
| 05:00 PM - 06:00 PM | Reception |
| DAY Two SAMPLE | |
| 08:00 AM - 08:30 AM | Continental Breakfast |
| 08:30 AM - 12:00 PM | The Customer Decision Process, Marketing Strategy, Part 1, Aqualisa Quartz Case |
| 12:00 PM - 01:00 PM | Luncheon |
| 01:00 PM - 03:30 PM | Executing on a Strategy, Marketing Strategy, Part 2, Barco Projection Systems Case |
| 03:30 PM - 04:00 PM | Adjournment |
Featured Video
Participant Discussion: Hakem Isa on Strategic Marketing for the Technical Executive
Participant Discussion: Hakem Isa on Strategic Marketing for the Technical Executive.
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