article thumbnail

Operational Excellence, Meet Customer Intimacy

Harvard Business Review

While a focus on lowering costs, improving quality, and providing consistent, reliable service will continue to be important, I see a shift in the coming decade to combining operational excellence with customer intimacy: tailored solutions for individual customers based on a deep understanding of their needs.

article thumbnail

Creativity - The Key To The Challenge of Complexity for CEOs

Six Disciplines

Key findings from the IBM study: Today’s complexity is only expected to rise, and more than half of CEOs doubt their ability to manage it. Seventy-nine percent of CEOs anticipate even greater complexity ahead. Creativity is the most important leadership quality, according to CEOs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Harvard Business Review

Newly appointed CEO Lou Gerstner logged thousands of hours visiting customers, industry experts and analysts. He then set about transforming the company to rekindle IBM's historic commitment to customer intimacy, to make the organization much more integrated, and to streamline operations.

article thumbnail

How IBM, Intuit, and Rich Products Became More Customer-Centric

Harvard Business Review

In this article we look at three very different organizations – IBM, Rich Products, and Intuit – and the three different paths they have taken in reconfiguring their operations for more customer intimacy, by changing methods, reengineering processes, and transforming culture. IBM: Applying a Hybrid Design-Thinking Approach.

article thumbnail

Make Your Organization Anti-Fragile

Harvard Business Review

having sacrificed customer intimacy for increased operational excellence gains through widespread cost cutting, are well documented. Tesco now has a new CEO , but these mechanisms are still in place — if he chooses to use them. In recent years, Tesco stumbled in launching new stores in the U.S. Not anymore.".

article thumbnail

Can Anyone Stop Amazon from Winning the Industrial Internet?

Harvard Business Review

It also puts a fundamental question back on the agendas of CEOs in other industries: Will software eat the world, as Marc Andreessen famously quipped? Customer intimacy. Industrial giants have well-established brands, built strong customer relationships, and signed long-term service contracts.