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Developing the High-Performance Market Research Function

Published by: Best Practices, LLC

Published: Feb. 1, 2004 - 169 Pages


Table of Contents


Executive Summary

Optimizing Market

Research Structures: The Art of Collaboration

Business Background and Overview

Study Objectives

Benchmark Class

Participating Managers

Key Findings

Report Structure and Organization

Path Forward

Process Excellence and Productivity Management

Building Influence and Enhancing Business Value

Chapter Contents

Overview

Making Your Structure Work

Structure Trends: Working with Your

Corporate DNA

Communicating the Importance of Market

Research: How Rank Signals Status

Leadership’s Role in Championing

Coordination and Sharing

Minimizing Cross-Unit Redundancy

Chapter Contents

Overview

Building Credibility with Senior Leadership

Providing Value-Added Services to All

Constituents

Turning Data into Intelligence and

Market Insights

Communicating Market Insights that Guide and Grow the Business

Chapter Contents

Overview

Assessing Workloads and Resource Requirements

Managing Staff and Projects

Managing Vendors and Outsourcing

Performance Management: Developing People and Expertise

Chapter Contents

Overview

Creating a Market Research-Focused

Culture

Developing Talent

Employing Career Paths

Training and Developing Market Research

Competencies and Capabilities

Abstract

Market research departments increasingly face this challenge to their primary roles: evolving from providers of support-level data to highly-valued business advisors for strategic decision-making. This comprehensive report examines how dozens of companies have created exceptional market research operations. Performance-critical topics that are covered in depth include optimizing structure for maximum personnel and resource efficiency, ensuring value and relevance in market research findings, managing the performance of career and rotational staff professionals as well as rotational employees, achieving excellence in productivity and process. This report presents proven tactics to improve the impact, influence and efficiency of the market research function. With interviews from executives at 11 top companies, extensive survey data and insight drawn from 85 surveyed companies and findings from site visits, this report explains how leading market research organizations increase their impact, influence and efficiency.

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