INTERIM MARKETING LEADERSHIP
“Some companies are hiring interim executive talent to fill gaps created by
retiring baby boomers while they search for permanent replacements. Others are turning to temporary help to sustain
a business following a sudden departure. And, they say, the strategy has become particularly valuable in recent months
because faraway recruits are taking longer to relocate due to the depressed housing market.” (Wall
Street Journal, Tuesday, May 13, 2008, P. D6.)
“Demand for interim managers is at an all time high. … growth is being driven
by a combination of talent shortages, constraints on permanent managers’ time and the need for wisdom and experience,
notably in high growth companies fueled by private equity.” (Financial Times, Tuesday, July
31, 2007, P. 10.)
What
Is Interim Marketing Leadership?
Interim
marketing leadership refers to a temporary consulting assignment for an executive-level professional as the
or one of the senior marketing managers in an organization. It refers to either overall marketing management responsibility
or accountability for a specific marketing sub-function or for a significant project.
When Is It Needed?
- The
current marketing leader is absent, e.g., illness, pregnancy/child birth,family leave, or any extended absence
- A job search for a new marketing leader is underway, but marketing
must continue during the exploration
- The
volume of marketing work exceeds the current organization’s ability to manage it properly
- The organization has not yet developed the need for a full-time,
high level marketing professional, but it needs proficient expertise now
- The value derived from a senior consultant on a project or retained basis (who doesn’t
require insurance, benefits, vacation, etc.) is greater than the value derived from a less experienced, full-time employee.
What Kinds of Activities May Be Involved?
- Create or continue the marketing
strategy
- Develop formal marketing plans
- Execute all or part of the marketing plan with hands-on actions
- Analyze sales and extant research data to formulate tactics
- Plan and execute new marketing research
- Write presentations/clarify management’s vision/direction
- Develop/polish sales letters
- Create
Press Releases, execute other PR activities
- Direct
product development
- Oversee marketing communications
planning and execution
- Evaluate/update website
messaging/positioning and functionality
- Manage
trade show participation
- Hire and/or supervise
outside agents, e.g., PR, advertising, direct response, digital, designers, exhibit developers, etc.
- Support internal teams, supervise employees
- Create and manage budgets
- A special service for start-ups is the preparation of the marketing document that “surrounds”
the private offering or IPO
Why Gerald Linda & Associates?
Gerald Linda has exceptional experience:
- Co-founder and Director of Client Services at an integrated communications agency
- Number two executive at a Top-Fifty marketing research firm
- Marketing Director at a Top-Twenty accounting/consulting firm
- And, for over the past decade, head of a marketing consulting firm
Gerald
Linda & Associates currently provides clients with Interim Marketing Leadership services; we are in the game.
- A three year old IL toy company for whom we have acted as its Marketing
Director since its inception. We went from zero to one million units sold around the world with 20 awards for product excellence
in three years. Not bad.
- A 17 year old FL
exterior building maintenance company, which is on a monthly marketing retainer (planning, advertising, direct mail, website,
sales letters, general marketing and business counsel). Alone among its competitors, this company now has a unique marketing
position: “Our Profession Is Making You Look Good.”
- And we have provided marketing counsel and services to dozens of other organizations.
How
Are We Compensated?
The
method of compensation should not be an impediment to doing business together. While a negotiated fee per hour of work
plus any expenses will usually be part of any compensation agreement, the following methods, individually
or in combination, are also possible:
- Project-based
fees
- Deferred payment
- Exchange of stock and/or options
- Barter of goods or services
FAQs
Q. Why should I pay for your learning curve while you come up to speed on my
business?
A. While it
is unlikely we will ever be as knowledgeable about your business as you, experience has taught us that the expertise
we have in marketing is nearly universally applicable. While all industries and companies are unique, they also actually
have much in common with most other industries and most other companies. Just as a rose is a rose is a rose, good
marketing is good marketing is good marketing.
A. Having noted the preceding, we understand we need to be productive from day one. The
Financial Times identified the critical qualities for successful completion of interim assignments. Included are
“ability to learn and adapt, intellectual restlessness, resilience, and intuition.” To which we say: “Yup,
that’s us.”
Q.
Do you have expertise in my industry?
A. In many cases the answer is “yes.” That’s because our principal has spent most of his career in service industries (advertising
agencies and marketing consulting) that cut across the economy. Equally or perhaps even more important is that we have
faced and solved a myriad of marketing problems. So chances are good we are familiar with your situation.
Q. Can I try your services without making a big
commitment?
A. Yes, of course; such an arrangement
is to our mutual benefit. We usually recommend a small project that can be accomplished quickly. This way we both
see whether there is a fit.