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12 BANDT.COM.AU MAY 29 2009 I recently made one of my biggest career moves. I have spent the bulk of my marketing career working in big organisations. And when I mean big, I mean big – Goodman Fielder, Diageo, PepsiCo and Ninemsn. Some may say I’m an establishment guy. If anyone had asked me five years ago where I would see myself now, answering “running a start-up agency” would have been inconceivable. But something happened. The thought came to me at about the same speed as the idea of having kids. One minute kids were an annoyance on aeroplanes and the next I was tapping my wife on the shoulder in the middle of the night. Big organisations have their benefits – security, support, structure and for some, a position of power. Big budgets, big teams and big pay packets are all attractive. You also have the ability to learn a lot from those around you, about systems and processes, about dealing with people and standing out from the crowd. But, for me, it’s these exact things that suddenly became the reasons why I needed a change. In large businesses, no matter how good your processes, you end up spending a lot of time talking internally. Now don’t get me wrong, internal communication is important to keep the business ticking, but when you’re a marketer, and you spend more time talking to one another rather than to the people who will hopefully buy your product, there is an issue. So, from someone who has just moved from businesses with 100,000 plus employees to a start- up, what are the main differences? Firstly, ideas can be acted upon immediately without multiple layers of stakeholders watering them down. You have the ability to be agile and change course without feeling like you are steering a superliner. There is also an innate feeling of team like nowhere else. Everyone shares the vision and is motivated by the possibility of building something out of nothing. Support is not a role, but is expected from everyone. Standing in the queue at the post office is everyone’s job. Success is everyone’s and is celebrated no matter how big and small. There is nowhere to turn when the pressure is on. You can’t blame the sales team if you’re not hitting your numbers. The buck stops with everyone. Now, I am not suggesting which environment is better, or that every large organisation doesn’t deliver on the above thoughts, but there is no question that size does matter when it comes to selecting the right environment for you. To comment go to fromthepopulation.blogspot.com James Bond would be a nobody without a licence to kill. Barristers get their name by passing the Bar. Accountants wear their CPA badges with pride. Qualifications are a prerequisite for entry in many professions, but in marketing they are often a preference. But professionalism has its payback. Last year the London-based Chartered Institute of Marketing (CIM), the leading international body for marketers, co-funded a 50-page Economic Impact Assessment. For the first time, eight of the leading professional bodies in Britain (including CIM) had an estimation of the lifetime economic benefits of holding professional qualifications and membership of a professional institute. So, what is the payback from holding a professional qualification? According to the research the magic number is £81,000 ($A162,000). That figure is an average across the eight different professions, so obviously amounts will vary for each one. Considering that a masters degree in marketing at the prestigious Melbourne Business School will cost a little over $40,000, that still seems like a decent career investment. But if you haven’t got a spare $40,000 laying around, you might also consider studying the CIM’s globally-recognised postgraduate diploma in marketing. This will set you back around $8000 and is now offered through blended learning from the newly- established Australian College of Marketing. But back to the report. It also looked at the lifetime payback from membership of a professional institute along the lines of CIM, or the equivalent Down Under, the Australian Marketing Institute (AMI). According to the research, the magic number is £71,000 ($A142,000). This makes the few hundred dollars a year annual AMI membership feel like a good investment too. On top of this, AMI members get a nice laminated James Bond-style card which I like to think of as my licence not to kill a brand. But the pinnacle for Australian marketers has to be Certified Practicing Marketer (CPM) status. The AMI describes CPM accreditation as the peak professional benchmark for marketers. It takes into account professional qualifications as well as relevant marketing experience. There are more than 1000 CPMs in Australia and their number is growing at an annual rate of 13%. If the CIM report is true, these are increasingly Australia’s most minted marketers. comment SIZE MATTERS IF YOU’RE STEERING A SUPERLINER THE MAN WITH THE GOLDEN CREDENTIALS TO MAKE A COMMENT EMAIL [email protected] Tony Thomas Managing director, The Population Adam Joseph Insights manager, Herald Sun Melbourne BTMAY29_12.pdf Page 12 20/5/09, 11:47 AM

Marketing Credentials Bond 007 B&T May 2009

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12 BANDT.COM.AU MAY 29 2009

I recently made one of my biggest career moves. Ihave spent the bulk of my marketing career workingin big organisations. And when I mean big, I mean big– Goodman Fielder, Diageo, PepsiCo and Ninemsn.

Some may say I’m an establishment guy. Ifanyone had asked me five years ago where I wouldsee myself now, answering “running a start-upagency” would have been inconceivable.

But something happened. The thought came tome at about the same speed as the idea of havingkids. One minute kids were an annoyance onaeroplanes and the next I was tapping my wife onthe shoulder in the middle of the night.

Big organisations have their benefits – security,support, structure and for some, a position ofpower. Big budgets, big teams and big pay packetsare all attractive. You also have the ability to learn alot from those around you, about systems andprocesses, about dealing with people and standingout from the crowd. But, for me, it’s these exactthings that suddenly became the reasons why Ineeded a change. In large businesses, no matter howgood your processes, you end up spending a lot oftime talking internally. Now don’t get me wrong,internal communication is important to keep thebusiness ticking, but when you’re a marketer, andyou spend more time talking to one another ratherthan to the people who will hopefully buy yourproduct, there is an issue.

So, from someone who has just moved frombusinesses with 100,000 plus employees to a start-up, what are the main differences? Firstly, ideas canbe acted upon immediately without multiple layersof stakeholders watering them down. You have theability to be agile and change course without feelinglike you are steering a superliner. There is also aninnate feeling of team like nowhere else. Everyoneshares the vision and is motivated by the possibilityof building something out of nothing. Support is nota role, but is expected from everyone. Standing inthe queue at the post office is everyone’s job.Success is everyone’s and is celebrated no matterhow big and small. There is nowhere to turn whenthe pressure is on. You can’t blame the sales teamif you’re not hitting your numbers. The buck stopswith everyone.

Now, I am not suggesting which environment isbetter, or that every large organisation doesn’tdeliver on the above thoughts, but there is noquestion that size does matter when it comes toselecting the right environment for you. ■To comment go to fromthepopulation.blogspot.com

James Bond would be a nobody without a licenceto kill. Barristers get their name by passing theBar. Accountants wear their CPA badges withpride. Qualifications are a prerequisite for entry inmany professions, but in marketing they are oftena preference. But professionalism has its payback.

Last year the London-based CharteredInstitute of Marketing (CIM), the leadinginternational body for marketers, co-funded a50-page Economic Impact Assessment. For the

first time, eight of the leading professional bodiesin Britain (including CIM) had an estimation of the lifetime economic benefits of holdingprofessional qualifications and membership of aprofessional institute.

So, what is the payback from holding aprofessional qualification? According to theresearch the magic number is £81,000($A162,000). That figure is an average across theeight different professions, so obviously amountswill vary for each one.

Considering that a masters degree in marketingat the prestigious Melbourne Business School willcost a little over $40,000, that still seems like adecent career investment. But if you haven’t got aspare $40,000 laying around, you might alsoconsider studying the CIM’s globally-recognisedpostgraduate diploma in marketing. This will setyou back around $8000 and is now offeredthrough blended learning from the newly-established Australian College of Marketing.

But back to the report. It also looked at thelifetime payback from membership of aprofessional institute along the lines of CIM, orthe equivalent Down Under, the AustralianMarketing Institute (AMI). According to theresearch, the magic number is £71,000($A142,000). This makes the few hundred dollars ayear annual AMI membership feel like a goodinvestment too. On top of this, AMI members get anice laminated James Bond-style card which I liketo think of as my licence not to kill a brand.

But the pinnacle for Australian marketers hasto be Certified Practicing Marketer (CPM) status.The AMI describes CPM accreditation as the peakprofessional benchmark for marketers. It takesinto account professional qualifications as well asrelevant marketing experience.

There are more than 1000 CPMs in Australiaand their number is growing at an annual rate of13%. If the CIM report is true, these areincreasingly Australia’s most minted marketers. ■

comm

ent

SIZE MATTERS IF YOU’RESTEERING A SUPERLINER

THE MAN WITH THEGOLDEN CREDENTIALS

TO MAKE A COMMENT EMAIL [email protected]

Tony ThomasManaging director,The Population

Adam Joseph Insights manager,Herald Sun Melbourne

BTMAY29_12.pdf Page 12 20/5/09, 11:47 AM