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Professional Background |
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My*
business categories experience has fallen primarily into two general areas:
technology-intensive products and consumer branded products.
I've also applied the same disciplines successfully to service businesses.
It's an unusual combination, and it widens
the array of tools and techniques that can be brought to bear on any given
problem, and increases the opportunities for cross-fertilization of
validated ideas from a wide range of categories in a marketing "technology
transfer."
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Pat
Remy |
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In addition
to the area specializations of my resource partners, my own roots in the
three anchor disciplines of Revenue Strategy consist of: |
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Marketing |
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Technology |
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Finance |
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Experience:
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Experience:
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Experience:
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Functional: research, strategy, planning,
branding, new products, new markets, advertising, public relations, sales
tools, sales management systems, market monitoring and competitive analysis.
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Marketing and
product development work for software, electronic hardware, biotech, industrial
chemicals and new food processing technology categories. Research assistant
computer programmer; designed and managed custom database application development. |
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Business planning,
analysis and modeling (built on marketing-driven revenue metrics), including
costing, revenues, cash flows, capital requirements and rates of return.
Setup of operational management and accounting systems. CFO for turnkey business
management client. |
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Category:
Software, consumer branded packaged goods, electronics and business
services. Company size experience from blue sky startups to blue chip giants,
including multiple business units of Microsoft and Procter & Gamble.
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Education:
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Education:
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MBA (primarily)
in finance and accounting, focused on fundamental economic drivers of capital
asset valuation (University of Chicago) |
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Engineering degree
(Princeton, BSE/aerospace, with honors) |
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Education:
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MBA in marketing, focused
on fundamental economic drivers of pricing, profitability and competitive
advantage (University of Chicago) |
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Experience,
Chronologically, with Some Specific Achievements: |
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First: Ad Agency
Account Management |
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Ten years in account management
at several first-tier advertising agencies (Tatham Laird & Kudner, N.
W. Ayer, Chiat/Day, Wells Rich Greene), from trainee to Partner/ Vice President/
Management Supervisor and expansion office co-founder.
Clients were among the most demanding and marketing-dependentmostly
consumer branded package goods (Procter & Gamble, Miles Laboratories,
Sara Lee, Wakefield Seafoods)plus major banks, a 100-unit fast food
chain, a new brand of do-it-yourself tools, and a British manufacturer
of radars.
In addition to working on established businesses, I was involved in the
creation, test marketing and launch of five new product lines/brands.
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Some specific accomplishments included:
- A rapid (8 months) business turnaround (minus 5%/year to plus 27%/year, even after
factoring out new distribution and price increases), through strategic
repositioning and disciplined advertising execution
in spite of
decreases in marketing deliveries, product price increases and negative
macroeconomic conditions.
- Foundation research, brand creation and market launch of a new product
line from a new division in six months.
- Creation, production and pre-testing of almost four dozen TV commercials
in one year, then planning and test market introduction of a new consumer
brand immediately after achieving the highest research metric in the
product category.
- The fact that I never lost a client, and that I enjoyed client loyalty
on a personal and professional basis that extended across multiple agencies
and continues, in some cases, to the present day.
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Next: Marketing,
New Products and Communication Consulting |
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First as a solo practitioner,
then with one partner, I spent seven years developing and executing marketing,
communications, new product and sales management plans for clients in food
products, electronics, specialty medical care, biotech, industrial products,
industrial services, and even a little politics. Clients ranged from startups
to industry giants.
The work also included detailed market-driven financial business planning
for new product launches and new market expansions of successful regional
businesses.
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Of note were:
- A measured ability to generate new patients for a specialized medical
clinic through advertising at a cost of $72 each; new patients had a
probability-adjusted value of over $1100 each.
- A comprehensive new product launch-business plan, marketing plan,
positioning, branding, packaging, advertising and sales management-that
achieved 90% retail distribution on 100% of products within eight weeks
of launch, generated spontaneous "street" playback of our
strategic positioning, and achieved consumer pull-through within 9%
of planned volumes.
- A "dark horse" upset win, with 57% of the vote, of a regional
election in which no incumbent had ever been defeated, solely on the
basis of high-efficiency strategically focused TV advertising, despite
being outspent 3 to 1 by an incumbent having all newspaper and special
interest endorsements.
- A highly focused direct mail launch of a new technology radar that—using
only half the available marketing resources—resulted in total sellout
(with backorders) of the entire production run of the product line during
its first year.
- A service business re-naming and presentation toolset that paid out
its entire investment in its first sales presentation.
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Then: Group VP/Marketing,
Product Development, Sales Management |
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For the next five years,
I focused entirely on the emerging membership warehouse club class of trade,
as the Group Vice President of Marketing for a $160 million product development
and sales management firm I co-founded.
I managed the developmentphysically, economically and graphicallyof
almost a hundred new products or product configurations (including some
new brands) for this class of trade. I designed a sales management and
tracking system, managed the creation of a customized order entry and
reporting database system, and managed marketing funds programs on behalf
of clients.
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Some specific results:
- Creation of a new brand and product line (including packaging and
product economics) that achieved and sustained substantial distribution
and sell-through in the club class of trade, subsequently expanded into
retail channels, and was sold for $50 million, with no underlying debt
or production facilities.
- Creation and successful launch of a new consumer branded household
cleaner on behalf of a leading institutional chemical and services client.
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Currently: Revenue
Strategy |
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Over the past ten years,
I've returned to the marketing consulting and product development practice,
and expanded its scope to focus on my long-running integration of marketing
with product development technology and financial business planning.
During this time, my work has also come full circle back to its technological
roots, and the vast majority of the past five years has been spent on
information technology businesses, both software and hardware. In many
instances, I've worked as a "consultant's consultant," providing
added depth to task-based teams in business analysis, business planning,
financial modeling, market opportunity mapping, volume forecasting, research,
strategic positioning, competitive insight and new product roadmapping.
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Some comments*:
- "These three words alone (descriptor for new software applications
category) are worth the price of the whole research project. This will
keep us focused to develop in the right directions, and to guide messaging as we define
this new space and carve it out for our new products."
- "The new positioning (software product release) is so simple,
and it's so right on, the reviewers and analysts have just picked it
up and run with it, and we're getting the kind of respect and adoption
by serious users we weren't ever able to get before."
- "This picture of the market really makes it clear where we
should be focusing our efforts, and which pieces we need to put off
until the next release."
- "This analysis shows where the leverage points are in our
business; we need to focus more on tracking those measurements and less
on some of these others."
- "That's totally new information and it looks like you're right.
This segment is not nearly as big as we thought. We should re-think
how much we go down that path."
- "I'm amazed at the depth of the financial analysis you've
brought to this plan. You brought in things we didn't even think about
that show where this marketing approach really pays the biggest dividends."
- "Our new brand is so clear and so obvious, there's no way
they can't get what we're trying to say."
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In addition to work on behalf
of clients, I participated as the planned President and General Manager
in an early B2B internet venture designed to provide multiple resources
to the vast small business owner/operator market. This tapped into my unique
combination of technology, business consulting and consumer marketing experiences,
bridging a B2B content focus with the B2C disciplines required to reach
a widely dispersed mass market with low per-unit value. I developed the
business plan for venture capital solicitations, including strategic positioning,
operational structure, portal strategy, content customization technology
(bordering on scalable customized consulting services delivery), revenue
strategy, marketing planning, loyalty programming and new brand name creation. |
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Public
Service and Public Policy |
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- Founding Board of Directors, MIT Enterprise Forum of the Northwest
- Guest lecturer, University of Washington Graduate School of Business
- Guest lecturer, University of Chicago Graduate School of Business
- Guest speaker and expert panelist: MIT Enterprise Forum; Alaska Seafood
Marketing Institute
- Governor's appointee to bipartisan/labor/management commission to
revise labor relations legislation for the State Department of Transportation
- Kitsap County representative to Washington State Ferry Advisory Committee
- Founder/President, Washington State Ferry Consumers Union: Legislature,
Transportation Commission and Department of Transportation issue advocacy,
with demonstrable results
- Political campaign advisor/consultant: Seattle Port Commission election
(nonpartisan); Washington State Superintendent of Public Instruction
election (nonpartisan); U.S. Senate Campaign election (independent);
Chicago Aldermanic election (Democrat)
- Appearances/interviews: TV, radio, newspaper, public meeting
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Education
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- University of Chicago Graduate School of Business,
MBA in finance, accounting and marketing. Full tuition grant for
academic performance.
- Princeton University, BSE in aerospace engineering, with honors.
- University of Washington, fiction writing program, certificate.
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Photo Credit: Deborah
Bright, Professor of Photography, Rhode Island School of Design |
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