The reason that so many managers aren’t satisfied is that the measurement tools being used just
aren’t up to the job. Typically they fall in two camps:
-
MODELLING: i.e. mathematics using existing data sources to derive a line of sight from
activities
to sales
-
PROCESS AUDITING: i.e. tracking a brand’s behavior from strategy through plan to execution
in
market, to understand if the strategy actually got delivered to customers or not.
Both of these techniques deliver a lot of value to
managers, but they don’t provide a complete answer
because they leave crucial knowledge gaps. Modelling
has two major limitations (even if you buy into the
mathematics).
The first is that it doesn’t encourage
innovation –in fact it often ignores it. That’s because a
model can’t tell you anything about things you haven’t
already done (or that might be too small to shift the
needle).
So how does this impact managers? It makes
life harder for innovators, because they have to
fall back on flaky metrics that don’t convince
management.
The second is that modelling is inevitably inward looking i.e. what did MY
activities
achieve
among MY customers? Managers will miss competitive
threats until it is too late, and fail to see opportunities
to engage with customers in the future.
Process audits
need less explanation – they are measuring activities,
not outcomes.
Any manager knows that if you set your
priorities based on this, there is a huge risk that you end
up focusing on what you like doing, rather than what
works.
Just to be clear, both of these techniques do have
a lot to offer for refining and delivering your current
execution. They just aren’t the tools to achieve a more
integrated and innovative communications program.