How a Network Security Giant Unified Global Marketing Operations
Click here to watch F5’s testimonial on their experience with us!
Background
In 2019-2020, F5, a leading application delivery and security company, was facing new market pressures and adapting its go-to-market approach. They needed a streamlined marketing structure to de-tangle a complex org chart and embrace a major shift in its go-to-market strategies.
The Chief Marketing Officer engaged us to build a Global Marketing Center of Excellence (COE) and transform F5’s marketing from a cost center to a key revenue producer supporting the company’s go-forward mission.
We set out to produce, pressure-test and deploy a COE to perform as a strategic service bureau for business units worldwide. First, we helped them develop their vision, mission, and desired org structure modeled on best-in-class organizational design.
Then, we helped them to:
- Document current and future-state workflows for campaign intake
- Define roles & responsibilities across units and functions
- Optimize comprehensive cross-functional workflows
- Build a unified intake application
- Communicate the new processes and their value
%
decrease in time-to-market for new campaigns
increase in MQL volume
%
increase in web form fills
Assessment
Strategy
KPI
Implementation
TPG audited and assessed all F5 marketing units, including:
- Organizational Design – TPG held F5’s organizational design up against best-in-class enterprise frameworks, identifying efficiency opportunities across units and functions.
- Campaign Strategy – We mapped the client’s program and campaign development and deployment processes across the globe, identified gaps, then proposed workflows to streamline activities.
- Multi-channel Delivery – We audited the client’s inbound and outbound channel usage, identified gaps, then led development of a unified intake process using the ServiceNow platform. We recommended steps to reach closed-loop data analysis.
- Digital Transformation – During the COE design, TPG was invited to prepare a comprehensive three-Year Digital Transformation Plan for F5, encompassing all the best-practice considerations and a clearly defined, actionable roadmap.
Design & Build
After presenting full-scope recommendations for enhancing F5 systems and capabilities, TPG guided the client through a design and build process.
- Organizational Design – While F5 realigned their team structures to increase accountability, TPG gathered subject-matter experts into workstreams building linked campaign intake flows.
- Campaign Strategy – We worked with functional experts to map customer journeys and align content in order to deliver more relevant campaigns.
- Multi-channel Delivery – We optimized multiple inbound and outbound channels and incorporated them into a unified ServiceNow workflow. We worked with the Analytics team to design closed-loop reporting and visualization that would allow for accurate, actionable data for decision-making.
- Digital Transformation – We equipped the CMO to present the Digital Transformation plan to the Leadership Committee.
Communicate & Pilot
With an organization the size and scope of F5 Marketing, COE adoption was very much linked to communication. Working with team leaders, we built and deployed a global Communications plan focused on actions and benefits. At the same time, we launched two key pilots to test the “pipes” and streamline workflows and hand-offs. The pilot teams met regularly to connect every internal step and customer touchpoint.
Results
The client saw the following results during the first six months:
- Processes that previously involved up to 30 steps and 60 days were reduced to 5-6 steps and 3-4 days.
- MQL volumes increased 4x.
- Website visits increased 62%, and ‘Contact us’ form fills increased 75%.
- The client realigned roles and responsibilities, creating more organizational accountability.
- They refocused marketing functions on the customer journey and experiences.
- They automated closed-loop, decision-enabling reporting and gained control of their revenue impact.
- TPG was invited to expand upon the global three-Year Digital Transformation Plan for F5 and to provide consulting services across the organization.
Services Used:
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Marketing Operations | Inbound Marketing | Digital Transformation
%
campaign deployment accelerated to just 4 days from 30+
MQL volumes increased four-fold
%
web form fills increased exponentially
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