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The Market Driven Organization

Autor George S. Day
en Limba Engleză Paperback – 25 oct 2007
For forty years managers have been exhorted to "stay close to the customer and ahead of the competition." And with good reason Research now shows that market driven organizations outperform their rivals. Given the obvious benefits, why do so many companies fail to become market driven? Because their internal processes, structures, incentives, and controls get in the way, says George Day, one of the world's leading authorities on mar keting Strategy. Building on his pathbreaking book Market Driven Strategy and a decade of experience in coaching firms to deliver superior customer value, Day presents for the first time a battle tested hame work for creating the market-driven organization.In eminently readable prose, Day argues that in successful market driven organizations, three key elements -- capabilities, culture, and configuration -- are aligned to the market. Day explores the distinctive market sensing and market relating capabilities that are at the heart of the market-driven companies. He draws on examples of such market-driven firms as Intuit, Wal-Mart, Virgin Airlines, Disney, and Gillette to illustrate how intimate knowledge of their customers and markets gives these firms a powerful advantage over rivals. By contrast, Day shows how failure to align the organization to the market can result in such mishaps as IBM's loss of leadership of the computer market or Motorola's stumble in shifting from analog to digital cellular phone systems.Using case studies of Owens Corning, Sears, and the Eurotunnel, Day provides a concise roadmap to managers who want to strengthen the orientation of their organizations to the market. He concludes with a detailed diagnostic questionnaire to help managers assess their own progress Here at last are all the insights and tools necessary to construct a company with superior skills for understanding, attracting, and keeping valuable customers.
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Specificații

ISBN-13: 9781416584612
ISBN-10: 1416584617
Pagini: 304
Dimensiuni: 151 x 230 x 19 mm
Greutate: 0.44 kg
Ediția:07000
Editura: Free Press

Cuprins


Contents

Introduction: Move to the Market

Part I

Understanding Market Orientation


1. What It Means to Be Market Driven

Understanding the Orientation to the Market

Advantages of a Market Orientation

Is Being Market Driven for Everyone?

Staying Ahead in Turbulent Markets

Market Driven Winners


2. Misconceptions About Market Orientation

Why Don't More Firms Become Market Driven?

Superior to the Market

Avoiding the Pitfalls


3. Market Driven Cultures

Market Driven Cultures

Understanding the Culture

Summary: The Defining Role of Culture


4. Configuring Around Capabilities

Culture, Capabilities and Processes

Identifying Capabilities

Managing Capabilities

Integrating Culture and Capabilities: How Virgin Atlantic

Flies on All Engines

Toward a New Concept of the Organization


Part II

Building the Capabilities


5. Market Sensing

Sensing the Market

Sense Making

Improving Market Sensing

The Collective Memory


6. The Shared Knowledge Base

Synergistic Information Distribution

Converting Information Into Strategic Knowledge

Retaining Knowledge


7. Market Relating

Relating for Advantage

Building Relationships with the Market

The Spectrum of Relationships

Summary: Rethinking Market Relationships


8. Competing for Customer Relationships

Customer Responsive Strategies

Exploiting Interactivity

Summary


9. Collaborative Partnering

Partnering with Customers

Channel Bonding

Summary: The Advantages of Collaborative Partnering

Part III

Aligning the Organization to the Market


10. Reshaping the Organization

Trade-offs and the Search for Optimal Design

The Emergence of Hybrid Organizations

What Role for Marketing?

Achieving Closer Alignment to the Market


11. Setting the Direction

Market Driven Strategic Thinking

The Capability for Thinking Strategically


12. Guiding the Change

Three Stories of Transformation

Designing the Change Process

The Six Conditions

Conclusion: Answering the Call to the Market


Appendix: Is Your Organization Market Driven?

Acknowledgments

Notes

Index

Notă biografică

George S. Day holds the Geoffrey T. Boisi Professorship in the Department of Marketing and is Director of the Huntsman Center for Global Competition and Innovation at the Wharton School of the University of Pennsylvania. Professor Day has written more than 125 articles for leading marketing and management journals and fourteen books including Market Driven Strategy, the companion volume to this book. A consultant to leading corporations worldwide, Day is the recipient of the Charles Coolidge Parlin Award for his leadership in the field of marketing and the Paul D. Converse Award for outstanding contributions to the development of the science of marketing. He lives in Bryn Mawr, Pennsylvania.