ArabianBusiness.com - Middle East Business News
Monday, 23 November 2009 16:15 UAE time

YOUR DIRECTORY /

| Share |

Bean counter marketing

by Alexander McNabb on Wednesday, 21 March 2007

Somewhat in the same vein as Hilaire Belloc's Economics for Helen, here is my potted guide to the language of corporate marketing for one's non-corporate (and, in my case, witheringly-disinterested-in-corporate) partner.

Given that your objective is to eat dinner, then let us suppose your strategy is to make beans on toast. Your scope of work in this case is extended to the buying of beans and bread because there are none in the inventory. So, in this instance, your tactics are to buy beans from the supermarket, bring them home and then cook beans and toast, serving one on top of the other.

Buttered, preferably. We might not be eating lavishly here, but there's no point skimping.

Story continues below
advertisement

The project would have been simpler had there been resources available to hand, but it's manageable and, because the vendor's close by, there's a minimal T&E (or transport and entertainment) overhead.

The vendor, in this case, is the supermarket and we can safely assume that they're a box shifter rather than a solutions provider. A solutions provider would tape the beans, bread and butter together with a pan into a single 'integrated beans on toast solution'. If they added some lessons in making great beans on toast, they'd be into the services business. If they had a website with that information, they'd be integrating distance learning as a seamless element of the total customer focused services-based solution.

The CSF, or critical success factor, involved is the timely and safe securing of a supply of beans and bread. Without these, we are nowhere. There are two SLAs, or service level agreements, involved. One is a safe and well-executed trip to the supermarket, for which the deliverables are beans and bread and the other is to cook them without setting fire to the house, for which the deliverables are beans on toast.

You will see that one deliverable meets the objective but depends on a subsidiary deliverable. So we can now build a timeline, which will let us manage and resource the project. Resource allocations here would likely be 'I'll go to the supermarket, you cook the beans'. A consultant would write you a shopping list and a recipe then leave you to work it out for yourself, of course.

We also have a cash requirement for which we'll have to requisition funds from accounts. In this case, rather than make two trips to the supermarket (one to get a quote, the other to close the deal and take delivery) we'll make a budget allocation and agree to rebook any under-spend. If we're smart, we'll overbudget, keep the whole budget allocation and book the differential against a white invoice so that we can keep it for the 'going out with the boys tonight' project that we're anticipating may come through soon.

Otherwise we'd lose the budget. And that would never do.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.
Beans on Toast
Posted by Keefieboy on Saturday 23 June 2007 at 01:00 UAE time

Nothing to do with the article, which was hugely amusing: all to do with the advert in the RH sidebar which was... irritating and it followed me all the way down the article. It's still doing it now. Please let the ads - especially animated ones - just stay at the top of the page. You might think you are adding value for your client. I think otherwise.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Media & Marketing


Tell us your story

READER COMMENTS

  1. Dubai population grows 1.9% in Q2 08
    23 Nov ' 09 at 13:24
    Fact: I have left the country and so has another colleague of mine. Some others are in the process of leaving. Moreover, there are lots...   More  »
  2. Dubai developers see negative press reports decline 07
    23 Nov ' 09 at 15:51
    Of course there is a lack of bad press. There are no new projects commencing, no projects getting handed over, no people buying, loads...   More  »
  3. Fewer drivers killed on Dubai roads last year 04
    23 Nov ' 09 at 15:21
    Hi Mick, can I make a suggestion. If you travel with someone, then let him video this driver with your mobile. You can pass that onto...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM