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Thursday, 24 July 2008
 
 

The Importance of Focus for Generating Customer Value

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The Importance of Focus for Generating Customer Value

A carefully chosen Customer Value Proposition is essential to create customer value. Both value creation from the customer, as well as the corporate viewpoint gain from consistent and deliberate focus on key market segments and core competences. The result is a mutual exchange of value, thus stabilizing and strengthening the competitive position in the market. Reversely, failure to maintain a consistent focus puts value creation at risk, and potentially causes ones competitive position to break down. System Theory offers a useful framework to integrate value creation from both the customer and the corporate perspective.
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