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Concepts
Paradox of Excellence. The basic idea is the better you do your job,
the more invisible you become to everything - but bad news. The longer you
do a good job, the more your perceived value erodes because customers
lose sight of the pain you originally relieved. (more)
Frictionless Growth. The basic idea of frictionless growth is
there are two factors affecting any company's sales: those activities
that foster sales (force) and those activities that inhibit
sales (friction or opposing force). Frictionless growth stipulates
that companies can often achieve greater sales success, not by doing
more (force), but rather by eliminating things that are inhibiting
adoption of their goods and services (reducing friction). (more coming soon)
Relevancy Chain and Relevancy Gap. Michael Porter's value chain concept
promotes the idea that value is determined by activity, by what a company
does to a good or service. We disagree. Activity does not determine value.
Customers determine value. The Relevancy Chain is the set of activities
that add value (as defined by customers). The Relevancy Gap is the gap
between what companies do and what a customer values. Many companies fall
into this gap because they don't stay close to their customers and forget
that customer requirements change over time (see Paradox of Excellence
to better understand why). (more coming soon)
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news
& views |
Executives agree
The Paradox of Excellence
is a "must read"!
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Garry
Betty, CEO, Earthlink
"A must read for every business leader."
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Bill Glavin,
retired Vice-Chairman, Xerox
"A must read . . ."
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Ron Okamoto, VP Apple
"Definitely worth reading . . ."
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Paul Witkay, Founder,
Alliance of CEOs
"An important book . . ."
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Jackie Meyer, Marketing
Director, Qualcomm
"A must read"
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more views . . .
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more news . . .
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