Google's 9
Notions of Innovation
"I used to call this 'Users, Not Money.' We
believe that if we focus on the users, the money will come. In a truly
virtual business, if you're successful, you'll be working at something
that's so necessary people will pay for it in subscription form. Or you'll
have so many users that advertisers will pay to sponsor the site," says
Marissa Mayer, a Google's Top Manager...
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Toyota
The fundamental reason for
Toyota's success in the global marketplace lies in its corporate
philosophy – the set of rules and attitudes that govern the use of
its resources. Toyota have successfully penetrated global markets
and established a world-wide presence by virtue of its
productivity. The intent
implicit in the
→
Toyota Production System is to stimulate people to think
constantly – a "self-running, self-improving" system. Everyone, not
just managers, can see what's happening. Every
problem prompts
why
questions.
→
Empowered
workers can
→
solve problems at a very detailed level. A lean
learning
culture permeates the entire company. Customer value creation
and
customer satisfaction results from
enterprise-wide performance...
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→
10 Lessons from Konosuke Matsushita
Johnson
& Johnson
Our Credo
"We believe our first responsibility is
to the doctors, nurses and patients, to mothers and fathers and all others
who use our products and services. In meeting their needs everything we do
must be of high
→
quality.
We must constantly strive to
reduce our costs in order to maintain reasonable
prices. Customers' orders must be
serviced promptly and accurately. Our
suppliers and distributors must have an opportunity to make a fair
profit."...
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→
Creating Sustainable Profits:
9 Questions To Answer
Amazon.com
New business model developed by
Amazon.com creates value for customers by offering a
synergistic combination of the following
benefits:
-
Shopping convenience &
Ease of purchase
-
A wide selection
&
Decision-enabling information
-
Discounted pricing
-
Speed
&
Reliability of order fulfillment.
No single aspect of Amazon.com's
→
business
model is sufficient to create
a
→
sustainable competitive advantage. It is the
synergistic combination of all of these information services and
logistical processes that creates value for customers and comprise
Amazon.com's
competitive advantage...
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Charles Schwab
Charles Schwab, the founder of the
US leading discounted stock brokerage company, has talked about his
effort to assume the perspective of his customer. "I am like a chief. I like
to taste the food. If it tastes bad, I don't serve it. I'm constantly
monitoring what we do, and I'm always looking for better ways we can provide
financial services, ways that would make me happy if I were a client."...
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Dell
Inc.
Dell
Inc. focus on delivering the best solution to the customer.
Dell listens to its customers and turns them into teachers in order to
develop greater customer value.
"We know what we are and what we're not. We are
a really superb product integrator. We're a tremendously good
sales-and-logistics company. We're not the developer of
innovative
technology," says Mort Topfer who helped revive
Dell's fortunes in 1990s...
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Ford
"The man who will use his skill
and constructive imagination to see how much he can give for a dollar,
instead
of how little he can give for a dollar, is bound to succeed." ~
Henry Ford
Ford used to be defined as "auto
manufacturer", but that label doesn't fit so well any more. Ford Motor
Company's leaders thought expansively to find related marketplaces the
company could serve and broadened their niche from the market for vehicles
to the lifetime needs of vehicle owners. Today the description "designer and
marketer of automobiles" is more accurate. Ford's primary value-added is
understanding customer requirements and
positioning products to accommodate those needs. Ford concentrates on
identifying
market
segments and shapes vehicles and services to fit them.
Succeeding
Online
In
today's
connected World, people evaluate effectiveness of an organization based on
the value it creates online because it is more cost effective and reaches
far more people much faster in the 24/7 way...
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