15-Year Starcom Vet Lena Petersen Joins MediaLink as Chief Brand Officer

Strategic advisory firm MediaLink appointed Lena Petersen as chief brand officer. In the newly-created role she will be responsible for developing and amplifying MediaLink’s brand marketing activities while reporting to chairman and CEO Michael E. Kassan.

“Lena is particularly adept at producing disruptive platforms and approaches that differentiate companies in crowded operating environments,” Kassan said in a statement. “As MediaLink continues to grow and looks to expand globally, Lena’s focus on the MediaLink brand is ever more important.”

Petersen joins MediaLink following over 16 years with Starcom (now Publicis Media). Most recently she served as executive vice president, global product and partnership, beginning in April of 2012. Previously, she spent 11 years as senior vice president, director of marketing communications after arriving a year earlier as vice president, marketing communications. Before joining Starcom in June of 2000, she spent over four years with Leo Burnett as vice president, corporate communications.

Also joining MediaLink is senior vice president Jennifer Kasper, who will “partner with MediaLink’s retailers and ecommerce companies to explore how mobile and innovation at point of sale has influenced their go-to-market strategies and customer journey mapping.”

Kasper arrives at MediaLink after over 15 years with Macy’s, most recently serving as senior vice president, customer strategy. She arrived at Macy’s as a marketing manager in 2000, receiving a promotion to marketing director nearly three years later. Since then she has held a variety of marketing and customer strategy roles on the way to her most recent promotion.

“Organizations across the board are facing challenging transitions,” MediaLink president and COO Wenda Harris Millard, explained. “Jennifer has had a front row seat for one such transformation, being instrumental in helping Macy’s reposition itself as a forward-thinking brand. She has the necessary perspective to help our partners navigate similar journeys.”

Uncertain Economy: Separates the Cowards from the Lions

nullIn tough economic times, history reveals that the most successful businesses not only keep their hootspa, they take it up a notch. These days, sadly, many companies are making blind cuts in spending or running for the hills for cover, but giants like Trader Joes, Burger King, and even Jim Henson took a chance and got their start in uncertain times.
The absolute worst thing a business could do in these economic crises is cut marketing costs. I mean, does it really make sense when you need business to cut the one thing that gets you business? CEB (Corporate Executive Board) reports that 90% of companies that blindly cut sales, marketing, overhead, etc don’t maintain savings for more than 3 years. Now that doesn’t sound like sound decision making.

Some thinking says that the market will determine the direction on it’s own and if there really were opportunities out there, others would have already seized them. But industry articles reveal how market leaders like Whole Foods, Southwest Airlines and Macys have smashed that theory.

So whether you are looking for employment, new customers or new opportunities…do yourself a favor and don’t be a pansy…step out there boldly, take chances, and don’t make decisions based on fear.

Jinean Robinson is a CCIO (Chief Creative Infections Officer) who has been in the communications industry for over 8 years, specializing in creative strategy and implementation, 360 branding communications, and brand development. Join her at http://twitter.com/germllc or her firm’s website at http://germonline.com/


Macys to Close 11 Stores

macyAnother business bites the credit crunch bug and this time it is Macys. This popular department store announced the closing of 11 underperforming stores in nine states which means that over 900 employees stand losing their jobs. This came in the light of evaluating their holiday season’s sales, the weakest output in years.

This development is not surprising. Most businesses are assessing the performance of their stores and personnel and have to make some changes. Hard as it may, keeping a below par store up will only mean more expenses and unfortunately, heads have to roll as well.

Stores slated to close include locations in Los Angeles, West Palm Beach, Fla., Nashville, Tenn., and St. Louis, among others. Cincinnati-based Macy’s Inc. says the closures will cost about $65 million, most of which will be booked in the 2008 fourth quarter.

(Source) Yahoo Finance