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Frank Blake took over as chairman and CEO of The Home Depot in 2007. With the mantra, "take care of associates and customers and the other things
will take care of themselves," Blake has returned the company to its past prominence as one of the nation's top retailers. Read Rhonda Mullen's exclusive State of Business
interview with this corporate leader who is as comfortable working in his stores as he is in the executive suite.
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Features
Moving Targets
The famous quote from hockey legend Wayne Gretzky applies to another legend, Robinson's own V. Kumar (VK). Said Gretzky, I skate to where the puck is going to be, not to where it has been."
The same could be said of Kumar, whose forward-looking metric "Customer Lifetime Value" looks at a customer's future value and not previous buying performance. Gary
McKillips writes about VK's extraordinary career and how CLV helps companies manage for profit. Read the article
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Social Media
& the Three-Legged Elephant
Guest writer Jake Ault, who formerly co-owned a branding firm and now teaches social media marketing and search engine optimization (SEO) at the Robinson College, explains
the "long tail concept" of social marketing through the saga of the "three-legged elephant."
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Coming to the Table
Ken Bernhardt - Taylor E. Little, Jr. Professor of Marketing - had a short-term problem and went looking for a short-term solution. He needed to fund moving
expenses as part of a recruitment package for several potential marketing faculty at the Robinson College. But the state didn’t fund moving expenses, and without them,
he couldn’t get the faculty he wanted.
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Beyond the Outfield Wall
Marketing products and services through sports teams or individuals is a huge industry with very modest beginnings. Derek Schiller, executive vice president
for marketing and sales with the Atlanta Braves, tells Gary McKillips how it started and how companies now regularly use fans' emotional connection to sports to promote
their products and services.
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Copyright © 2011 J. Mack Robinson College of Business/Georgia State University
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