article thumbnail

The Senior Leader’s Checklist for Shaping Company Culture

Next Level Blog

Back in my own days as an executive, I was hugely influenced by a book called The Discipline of Market Leaders. The authors argued that companies had to pick between one of three paths to value creation and success in the market – operational excellence, customer intimacy or product leadership.

Company 244
article thumbnail

The Small Business Advantage

Six Disciplines

Another businessman understood how to use this advantage. In small businesses, however, there are fewer decision-makers, and they’re so close to customers, employees and daily operations that they can get a sense of whether a decision is right or wrong very quickly. Customer Intimacy. I feel like a number.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Small Business Advantage

Six Disciplines

Another businessman understood how to use this advantage. In small businesses, however, there are fewer decision-makers, and they’re so close to customers, employees and daily operations that they can get a sense of whether a decision is right or wrong very quickly. Customer Intimacy. I feel like a number.

article thumbnail

Customer Intimacy, Meet Operational Excellence

Harvard Business Review

As a direct marketer we have been good at customer intimacy. We know a lot about our customers. We have known for a long time that we needed to be operationally excellent, but in the past we''ve fixed problems reactively, after the event, to keep customers happy. But it isn''t easy.

article thumbnail

IBM at 100: How to Outlast Depression, War, and Competition

Harvard Business Review

At its 100-year milestone, IBM shows us what it takes to outlast depression, war, and intense competition in order to remain a market leader in the midst of ongoing technological innovation. By 1955, IBM's revenues were $564 million and it led the world market in making computers. Here are several lessons worth sharing.

article thumbnail

Make Your Organization Anti-Fragile

Harvard Business Review

and in its home market in the U.K. having sacrificed customer intimacy for increased operational excellence gains through widespread cost cutting, are well documented. In the UK, Tesco lost the plot several times in recent years as they grew to double the market share of competitors like Sainsbury''s and Asda/WalMart.

article thumbnail

How to Fund Indian Start-Ups

Harvard Business Review

Given this rather messy environment, entrepreneurs have a few pragmatic choices on how to navigate the seed stage bottleneck: Bootstrap with Services : Many Indian IT entrepreneurs come from the services industry background. Using IT services to generate cash and develop customer intimacy, it is entirely possible to build products.