Companies in general and marketers in particular are under pressure to produce two main things: effective/productive spending and “real” (organic) revenue growth. This course addresses the second issue, organic growth. More specifically, it looks at three main (and inter-related) paths to growth: new products, brand building, and customers. Participants play the role of growth consultants/Chief Growth Officers. The course is designed for people interested in management and consulting as well as in marketing.
After laying out some basic “algebra” of growth, each of the three growth paths are examined.
a) Discuss standard cases and live (current) situations,
b) Explore specific methods designed to spur creative thinking,
c) Present examples of successful and unsuccessful growth strategies drawn from current or past practice (i.e. best and worst practices)
d) Draw practical implications from carefully selected relevant academic literature, much of it Columbia related, and present a brief synopsis of one article in class
e) Generate growth options for a specific firm as the basis for the final project.
George E. Warren Professor of Business
Professor Lehmann teaches several different marketing courses. His research focuses on individual and group choice and decision making, the adoption of innovation and new product development, and the management and valuation of marketing assets (brands, customers). He is also interested in knowledge accumulation, empirical generalizations and information use. Lehmann has published more than 100 articles and books, serves on the editorial boards of several academic...