Company Audit, Part 1

The concept of the customer value chain provides a valuable framework for analyzing the organization. The theory may be applied either to a single organization, or to a group of organizations working together to deliver the product to a customer. The theory presents...

Company Audit, Part 2

Uses of the value chain The value chain can be used in a number of ways. First, it can form the basis for analyzing a single organization, identifying the systems that support the creation of the product, evaluating their importance in creating customer value and...

Customer Support

Customer experience management, service, or care: whatever the name, it’s about the human contact between a company and its customers. There is an old business truism: failure to provide satisfactory customer support (also called customer service) is the single...

Customer Value

Satisfaction and value Quality represents the benefits that the customer derives from a transaction, but it must not be forgotten that these benefits come at a cost to that customer. If the costs outweigh the benefits, satisfaction will disappear. Abbott (1955)...

Design and Brand

When a great design becomes the icon of an era, the design becomes a brand itself. This has happened with several popular cars. The New Beetle and New Mini are examples of carmakers seeking to capitalize on the brand appeal of a particular model by reviving its...