
The Soul of Strategy
Building Customer Centric Organizations
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
A powerful and original new take on business strategyāwith the customer at the center of itādesigned to generate enduring competitive advantage
When setting strategy, organizations typically spend too much time thinking about the competition and resources within the firm and not enough time on the customerāthe soul of any organization. Such an approach is reflected in the fact that most popular theories of business strategy have focused on resource- and capability-based perspectives of the firm. Real-world businesses embracing and applying these intuitively attractive theories have struggled to compete, however, exactly because those theories fail to adequately account for the most important actor in all commercial transactions: the customer.
In The Soul of Strategy, two veteran strategists and academics deliver a straightforward new approach to business strategyāone that builds and expands on the classic work of Peter Druckerārecognizing the inescapable reality, faced by every organization, that a firm's primary job is to create and keep customers.
The book offers a comprehensive customer-centric strategy framework, a set of fresh perspectives and tools, and step-by-step guides to implementing the leadership styles, governance structures, and technology that companies require to outcompete their rivals in attracting and retaining customers. The book brings to life these key principles by using case studies and examples of organizations in a variety of industries. You'll find:
- A clear description of the concept of customer centricity and its value to the organization.
- A new consumer behavior framework that will enable you to ask the right questions to elicit unique, actionable customer insights
- A "Customer Choice Cascade" that details how to select, prioritize, and deliver value for both customers and the firm.
- A balanced perspective on how to both find sources of innovation and systematically abandon activities, products, structures and systems that no longer add value to customers.
- The key role that customer insight data play in setting customer-centered strategy.
- Expansions on Drucker's proven strategic insights and ideas that go beyond well-worn frameworks like Porter's Five Forces.
Perfect for managers, executives, board members, and other business leaders, The Soul of Strategy is also a can't-miss resource for strategy consultants and advisors and anyone else interested in effective new ways of thinking about difficult and long-standing strategic problems.
Frequently asked questions
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Information
Table of contents
- Cover
- Table of Contents
- Title Page
- Copyright
- Dedication
- Preface
- PART I: The History of Strategy
- PART II: The Nature of Customer Centricity
- PART III: Building a CustomerāCentered Organization
- PART IV: The PurposeāLed Organization
- Epilogue
- About the Authors
- Acknowledgments
- Index
- End User License Agreement