Remove Cost Remove Customer Intimacy Remove Leadership Remove Marketing
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Customer Intimacy vs. Customer Satisfaction

CO2

These paths are clearly and effectively outlined by Fred Wiersema and Michael Treacy in The Discipline of Market Leaders: Choose Your Customers, Narrow Your Focus, Dominate Your Market : 1) Operational Excellence – Lowest Cost. 3) Customer Intimacy – Best Overall Solution.

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Can Anyone Stop Amazon from Winning the Industrial Internet?

Harvard Business Review

But who is likely to assume leadership in creating and capturing economic value in Type 3 products: Digital natives or industry incumbents? We don’t expect Amazon or Microsoft or IBM to design, make, and market agricultural tractors, aircraft engines, or MR scanners. Customer intimacy. Ford or Tesla?

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What Apple, Lending Club, and AirBnB Know About Collaborating with Customers

Harvard Business Review

However, what these executives don’t fully appreciate is that the customer affinity spectrum extends far beyond promotion. Through co-creation, companies can access a deep well of customer capabilities, knowledge and assets. Evaluate your leadership team’s openness to co-creation as well. Your customers are waiting.

CRM 8
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Standard Operating Procedures Can Make You More Flexible

Harvard Business Review

They can actually make it easier to tailor customer experiences at low cost. As Chief Marketing Officer Paul Matsen told me, "We use enterprise-wide standards. There is one marketing communications team, and we work across all our institutes, such as heart and vascular, or cancer.