Worshipful Company of Marketors
|This article relies too much on references to primary sources. (January 2010)|
Marketing as a recognised professional skill standing in its own right is relatively new and the idea for a City Guild for senior marketing professionals first came about in 1969. A working party was set up in 1973 and several senior Fellows of the Institute of Marketing subsequently helped gain the support of the Court of Aldermen in the City of London for establishment of a Guild. Reginald Bowden, chairman of the working party, became Founder Master, serving from 1975 to 1978. On 14 April 1978 Letters patent were presented to the Guild of Marketors and we became a Livery company. Reginald Bowden was followed as Master by several other members of the initial working party.
The Company is governed by a Court of Assistants. Each year the Court elects from its ranks a Master together with a Senior, Middle and Junior Warden. The Court is responsible for policy, strategy and overall management of the Company and appoints a Clerk to manage its day-to-day affairs.
Aims and objectives
The mission of the Worshipful Company of Marketors is to be the City livery company for leaders in marketing.
It aims to promote the benefits of marketing and encourage excellence in marketing practice.
One of the most important roles for all livery companies is their charitable work and the support and recognition given to education and achievement of excellence in their profession or craft. More than £40 million is given annually to charities by livery companies. Members of the Marketors are expected to make a modest annual contribution to increase the capital of the Marketors' Trust from which awards and bursaries can be funded. The Trust also funds work supervised by the Marketors' Think Tank and makes donations each year to the Lord Mayor’s chosen charities. The Company, through advice from its Almoners, can also provide assistance to members and their dependants who are in need.
As well as contributing financially to good causes, members who have skills and expertise are also encouraged to engage in voluntary outreach work giving practical marketing help and professional advice.
Events and activities
The Marketors provides a rich and varied programme of formal and social events which are wide ranging and stimulating, as well as offering a better understanding of many aspects of marketing.
The Great Events
There are many professional and social occasions throughout the year, most held in interesting and unusual venues many of which are exclusive to the Marketors.
To promote excellence in marketing, the company holds a number of events, such as lectures and seminars, with the theme of marketing in practice.
151 Regiment, St Dunstans College CCF and HMS St Albans
Following a livery tradition, many companies maintain close supportive links with units of the armed forces and the Marketors adopted 151 (London) Transport Regiment, Royal Logistic Corps. This link with the Regiment provides a further interchange of social activities and also opportunities to work with the Regiment on exercises. The Marketors have also established an affiliation to St Dunstans College Combined Cadet Force and to the Type 23 frigate HMS St Albans.