Verified Document

Five-Stage Model Corning's Five Stage Essay

The model integrates all aspects of the design, budgeting, and marketing process to ensure that they are not at odds with one another. It thus encourages cross-communication between different marketing divisions as well as facilitates the releasing of new projects through the development of a systematized model. Business journalist Joan Schneider notes that the model itself is subject to frequent tweaking. For example, some companies separate the final 'launch' stage of the project into two phases. This "forces you to consider critical questions and to seize control of important timing factors, such as when planning for launch should begin and when it should end. The more deliberate you are in scheduling and handling launch, the better your results will be-particularly if you start thinking about launch as soon as you receive the go/no go signal from management" (Schneider 2005).

In this two-phase model, the product launch is first planned as the advertisement agency works to develop the message that will be communicated to the first core audience of likely consumers, the distribution channels are selected in which the first launch will occur, and the initial public relations and advertising...

This first phase requires coordination with actors outside of the organization, and while a general marketing strategy may have been decided upon earlier, during this first launch phase, specific attention is given to how the organization will make its initial move into the market. In today's competitive environment, making a good first impression is essential. The second phase involves tracking initial metrics about sales and evaluating the first release of the product.
References

Gunu, Osman Masahudu. (2008). How Black & Decker and Xerox corporations used the Corning's five-stage stage-gate model. Knol. Retrieved March 24, 2011 at http://knol.google.com/k/how-black-decker-and-xerox-corporations-used-the-corning-s-five-stage-stage#

Schneider, Joan. (2005). Improving the five-stage stage-gate process. Frozen Food Age.

Retrieved March 24, 2011 at http://www.allbusiness.com/marketing/market-research/1041191-1.html

Thakur, Sidharth. (2010). Analyzing Corning's five-stage stage-gate. Bright Hub Project

Management. Retrieved March 24, 2011 at http://www.brighthub.com/office/project-management/articles/81959.aspx?p=3

Sources used in this document:
References

Gunu, Osman Masahudu. (2008). How Black & Decker and Xerox corporations used the Corning's five-stage stage-gate model. Knol. Retrieved March 24, 2011 at http://knol.google.com/k/how-black-decker-and-xerox-corporations-used-the-corning-s-five-stage-stage#

Schneider, Joan. (2005). Improving the five-stage stage-gate process. Frozen Food Age.

Retrieved March 24, 2011 at http://www.allbusiness.com/marketing/market-research/1041191-1.html

Thakur, Sidharth. (2010). Analyzing Corning's five-stage stage-gate. Bright Hub Project
Management. Retrieved March 24, 2011 at http://www.brighthub.com/office/project-management/articles/81959.aspx?p=3
Cite this Document:
Copy Bibliography Citation

Related Documents

Xiameter Case Analysis Advantages of Needs-Based Vs.
Words: 2653 Length: 8 Document Type: Case Study

Xiameter Case Analysis Advantages of Needs-Based vs. End User-Based Segmentation Strategies Suggestions for Xiameter Product and Pricing Strategies Advice and Recommendations Xiameter's success as a subsidiary of Dow Corning is predicated on the successful differentiation of an entirely new business unit based on the concept of reducing operating expenses and passing on the savings to the customer. The Web-only, highly automated approach to order fulfillment, complemented by a reduced product lien footprint and terms

Classic Internationalisation Theories
Words: 5335 Length: 11 Document Type: Term Paper

Firms with what organisational patterns are more likely to acquire existing firms? In what stage of internationalisation is acquisition more likely? Such research should not assume that such decisions are always rational. It may be that irrational factors are important at times. For example, it might be that the rush to acquire businesses in Europe prior to 1992 and to acquire companies in Asia in the mid-1990s reflected a

Management in Business Operations and Performance
Words: 12446 Length: 45 Document Type: Term Paper

Integrating Total Quality Environmental Management Systems - a Critical Study of TQEM Relevance of TQM to Environmental Management Scope of Dissertation Moving from Reactive to Proactive Management Understanding TQM in Relation to TQEM History of TQM Operation of TQM Quality and Environmental Management Standards Environmental Management Systems Weaknesses of EMS Standards Total Quality Environmental Management Comparing ISO 9000 and ISO 14000 Integrating the ISO 14000 Environmental Management System Demographics Impact of certification on economic and ecological performances Research Design and Nature Integrating a Sustainable EMS with

Biotechnology Business Focused on Charles
Words: 5076 Length: 20 Document Type: Term Paper

PK = Deltagen Inc. PRXL = Parexel International Corp. Pvt1 = Quintiles Transnational Corp. (privately held) Industry = Biotechnology As of 2005 Source: Yahoo! Finance, April 29, 2007. Figure 1. Financial Performance: Charles River Laboratories vs. Deltagen Inc. And Parexel International Corp. - January 2002 to date. Source: Yahoo! Finance, April 29, 2007. Operating income for 2006 was reported by the company to be $188.2 million compared to $184.7 million for 2005 and its operating margin for 2006

United States Is the Diversity
Words: 5913 Length: 18 Document Type: Assessment

Because of the newer mobility of a significant amount of suburban America, driving to national parks was even more an option. The more people visited the Parks, it seemed, the more of a synergistic effect upon their funding and use (Jensen and Guthrie, 2006). By the Johnson Administration in the 1960s, coupled with more media attention, there was increased public awareness of America's natural treasures. This was now that "Parks

Vehicle Recall on Consumer Perception
Words: 9475 Length: 30 Document Type: Term Paper

They may be forced to follow the technical procedures that are related to the recall that may seem time consuming on their part. In cases where the defect has caused the life of someone then monetary compensation may not suffice as life is deemed precious than the monetary compensation that may be awarded. Recall usually causes a lot of disruption to consumers hence creating a major confusion to the personnel

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now