The document outlines marketing standards and codes of conduct established by the Chartered Institute of Marketing. It discusses the need for professional standards in marketing and sales professions to ensure ethical practices. The standards address honesty, integrity, confidentiality, compliance with laws, and avoiding harm to other professionals. Employers and marketers can use the framework to develop skills and assess competencies in areas like research, strategy, implementation, measurement, brands, management, and ethics. Violations of the code are handled by ethics and disciplinary committees.
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Code of professional standards and professional marketing standards
1. By Michael Kassotakis MCIM, E-BCR, http://www.e-bcr.com
The need for Professional Standards is like the need for laws in our society. It
includes people from various professions and one significant group of professionals
are marketers and sales persons. The code of Professional Standards is a general
behavioural guide of ethical manners that safeguards the smooth operation of each
profession.
The Chartered Institute of Marketing is the Largest, Oldest, Most Accredited and
Most Popular Marketing Organisation in the World. Therefore, its Marketing
Standards have to be applied worldwide.
Code of Professional Standards
The Code of Marketing Standards is summarised below:
1. Apply Honesty to Customers, Employees and Employers
2. Don’t provide or spread false or misleading information
3. Do not injure the business, reputation, interest of any other member of The
Institute with unfair or unprofessional practice
4. Be fair and equitable towards other marketing professionals
5. Show integrity and try to add value to the profession of Marketing
6. Demonstrate knowledge of current Marketing Developments and show
excellence in their application
7. Treat sensitive information with strict confidence
8. Apply Business in an ethical and professional manner
9. Demonstrate observation and knowledge of other codes of practice
10. Comply with the governing laws of the relevant country concerned
11. Demonstrate due diligence in using third party endorsement which must have
prior approval
12. Do not use any funds derived by CIM, which do not comply with this code,
the powers and obligations included in the Constitution and Member Group
Guide
13. Do not cause or permit any breach of this code with your knowledge or
intension
14. Be updated with the current developments of the Code
The code is supervised by an Ethics Committee and a Disciplinary Committee.
Any complaint about the breach of this code from a Member has to be addressed
to the Secretary of the Disciplinary Committee: Moorhall, Cookham, Berkshire,
SL6 9QH UK. Full details of the case must be provided. The Member who is
accused has to be notified by The Secretary of The Disciplinary Committee and
provide his or her explanation of the case.
The Royal Charter, Bye-laws, General Regulations and The Code of Professional
Standards can be viewed at www.cim.co.uk/governance
Professional Marketing Standards
Employers can use the Framework of Professional Marketing Standards in order
to assess, define and develop programmes to improve marketing skills within their
own teams.
Marketers and Marketing Professionals can use Professional Marketing Standards
in order to follow a framework that overviews the competencies and skills, they
need in their career path.
2. The Framework of Professional Marketing Standards includes the following
Scope and Business Competencies for Support Staff, Practitioners, Managers and
Seniors:
I) RESEARCH AND ANALYSIS
1. Understand Markets (Obtain and Analyse information)
II) STRATEGY AND PLANNING
2. Develop Strategy and Marketing Plans (Influence Strategy Formulation
and Produce Marketing Plans)
III) IMPLEMENTATION OF MARKETING PROGRAMMES
3. Communicate with Stakeholders (Develop and Deliver Effective
Communications)
4. Manage Products and Services (Develop and Manage Competitive
Products and Services)
5. Manage and Set Price (Develop and Implement Competitive Pricing
Policies)
6. Manage Channels (Develop effective Channels to Market and Provide
Support to Channel Members)
7. Manage Customer Relationships (Maintain and improve customer
relationships, Deliver Effective Customer Service)
8. Manage Programmes and Projects (Plan and Prepare Projects, Manage the
Implementation of Programmes and Projects)
IV) MEASURE EFFECTIVENESS
9. Monitor and Evaluate the Effectiveness of Marketing (Measure the
Effectiveness of Marketing Activities and Explain the Success or Failure
of Marketing Activities)
V) BRANDS
10. Develop and Manage Brands and Reputation (Create Effective Brands,
Manage Brands and Brand Reputation)
VI) MANAGE PEOPLE
11. Manage Marketing Teams (Develop Teams and Individuals to Enhance
Marketing Performance, Work with other Functions and Disciplines,
Enhance Own Performance, Manage Change)
VII) ETHICS AND SOCIAL RESPONSIBILITY
12. Develop and Promote Ethical Practices (Manage Corporate Social
Responsibility, Measure Triple Bottom Line Inputs)
You can review the Full Framework of Professional Marketing Standards at
www.cim.co.uk