Beyond the Familiar
Strong customer-focused companies have a clear, relevant promise which they obsessively deliver day-in, day-out. At the same time, they relentlessly drive the market by evolving the offer in the face of market developments and opportunities. Because they meet customer needs better than the competition, again and again, they are able to generate sustainable, profitable, market-leading organic growth. The problem the book addresses is how to achieve this.
The authors identify five key steps using their framework for success:
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Offer a clear, relevant customer promise;
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Build customer trust by reliably delivering that promise;
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Continuously improve the promise, while still reliably delivering it;
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Drive the market by innovating beyond the familiar;
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Support all this with an open organization that promotes frank discussion based on clear facts and market feedback.
Above all the book runs counter to the fashionable claim that the starting-point for business success should be to find a ‘blue-sky’, ‘out-of-the-box’ breakthrough innovation. Barwise and Meehan use many compelling cases to illustrate how managers can find ways within their existing network and organization to achieve long term growth.
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You can also buy the book on Barnes & Nobles, Book Depository, Orell Füssli and Routledge.
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in I by IMD 24 June 2024
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in Hitotsubashi Business Review Summer 2024, vol. 72, no. 1
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Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Case reference: IMD-7-2457 ©2024
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Case reference: IMD-7-2546 ©2024
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in MIT Sloan Management Review Summer 2024, vol. 65, no. 4
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