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Customer Value Management Recommended Books
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"Customer Value Management - The CVA 2000 Collection"
By Rodger Gallagher and Ray Kordupleski
(Published by Customer Value Management, 1999)
This collection of articles and notes covers what works and
what doesn't when you are kicking off a Customer Value Management
Project. The collection has been prepared by Rodger Gallagher
and Ray Kordupleski, two of the leading experts on adding
real value to businesses with Customer Value Management.
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"Managing Customer Value: Creating Quality and Service
That Customers Can See"
By Brad Gale
(Published by Free Press, 1994)
The practical implementation of these principles are covered
in Brad Gale's landmark work, . New metrics for market perceived
quality are provided that are straightforward and easy to
interpret. His set of seven integrative tools for customer
value analysis helps guide business unit teams in their efforts
to outperform competitors in satisfying customers. Learning
to master Gale's system accelerates customer satisfaction
from a slogan to a science and ultimately leads to true strategic
management.
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"Know Your Customer : New Approaches to Understanding
Customer Value and Satisfaction"
by Robert B. Woodruff with contributions by Sarah Gardial
(Published by Blackwell Pub, 1996)
How to move from satisfied customers to those that value
you. The authors provide some unique approaches to better
understanding the path from satisfied customers to those that
truly value you. They provide a framework for interviewing
customers that allows the supplier to gain insight on how
the customer has made supplier choices in the past. This enable
the supplier to create the right product / service attributes
that the customer will pay for.
Bill Barnes Director Customer Sat from Kingsport, TN Eastman
Chemical Co.
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"Creating Value in the Network Economy"
by Don Tapscott
(Published by Harvard Business School Press, 1999)
The Harvard Business Review has led the way in helping executives
in every industry adapt to the rapidly evolving networked
economy. Don Tapscott, bestselling author of "The Digital
Economy " collects the best articles from the Review
into a resource for business leaders who want to understand
how their businesses can create value and profit from the
new economy. Through real-world, authoritative examples from
today's leading thinkers, the book lays out the fundamentals
of this new era
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"The PIMS Principles: Linking Strategy to Performance"
By Buzzell and Gale
(Published by Free Press, 1987)
The textbook which laid the foundation for CVM.
When Ray Kordupleski visited Federal Express in 1987 on an
AT&T benchmarking tour, he found this book on people's
desks being used, not sitting on book cases. "Reading
this book was a turning point for me," recalls Ray. Buzzell
and Gale had undertaken rigorous analysis of the PIMS (Profit
Impact on Market Share) database and proven for the first
time a link between relative quality and market share.
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"Value Migration: How to think Several Moves Ahead
of the Competition"
by Adrian J. Slywotzky
(Published by Harvard Business School Press, 1996)
This book describes how to structure and adapt an organisation
precisely to the key values of customers.
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"What Customers Value Most: How to Achieve Business
Transformation by Focusing on Processes That Touch Your Customers"
by Stanley A. Brown
(Published by John Wiley & Sons, 1996)
From customer order fulfilment, billing, and complaint systems
to account management and sales force management, WHAT CUSTOMERS
VALUE MOST focuses on the many ways organisations reach out
and touch their customers, and explores exactly how that can
improve the processes behind this contact. This practical
book focuses on activities that can and should be undertaken
within your organisation in order to become WHAT CUSTOMERS
VALUE MOST - a company that is easy to work with.
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"The Service Profit Chain : How Leading Companies
Link Profit and Growth to Loyalty, Satisfaction, and Value"
by James L. Heskett, W. Earl Sasser, Leonard A. Schlesinger
(Published by Free Press, 1997)
Directly linking profit and growth not only to customer loyalty
and satisfaction but to employee
productivity, the authors present a step-by-step action plan
for managing, marketing, hiring, delivering services, and
assessing results. In-depth case examples demonstrate how
the best companies have managed in this regard.
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"Creating Customer Value: The Path to Sustainable
Competitive Advantage"
By Naumann.
(Published by Thomson Executive Press, 1995)
This thought-provoking book covers ways that innovative companies
maximize customer value.
Examples from Hewlett Packard, Harris Corporation and Toyota's
Lexus division. "Earl Naumann's Creating Customer Value
provides what you need to know to make this concept work in
your company and capture the most customer votes."
Ray Kordupleski, President, Customer Value Management
Incorporated.
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"The Discipline of Market Leaders"
by Michael Treacy and Fred Wiersema (Published by Addison
- Wesley, 1995)
This book poses a key organisational dilemma: What's
your value proposition in the market place and what do you
need to do to deliver on it?
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"Competing on Value: Bridging the Gap Between Brand
and Customer Value"
by Stan Maklan, Simon Knox, Ian Ryder
(Published by Pitman Pub Ltd, 1998)
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"Designing and Delivering Superior Customer Value:
Concepts, Cases, and Applications"
by Art Weinstein, William C. Johnson
(Published by CRC Press - St. Lucie Press, 1999)
This book stresses the service aspects of an organization
- especially customer service, marketing, and organizational
responsiveness, and how to create and provide outstanding
customer value to the target market(s). With the integrated
management perspective used by the authors, you will understand
how to blend the delivery of service and quality, together
with pricing strategies to maximize the value proposition.
Those companies that embrace customer-driven value-creating
methods will gain a competitive edge in the 21st century,
those that do not will experience declines. This exciting
new book is a guide to retaining your existing customers and
to gaining loyal new customers.
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"Customer Equity : Building and Managing Relationships
As Valuable Assets"
by Robert C. Blattberg, Gary Getz, and Jacquelyn S. Thomas.
(Published by HBS Press, June 2001)
Drawing on real examples, the authors explain the strategies
and tactics that make
customer equity management work. They outline customer equity's
three core strategies-customer acquisition, customer retention,
and add-on selling-and the balance among them, and explain
how the customer life cycle affects strategy and the marketing
mix. Detailed, how-to chapters follow, clearly mapping out
methods and practices for organizational restructuring, customer
equity measurement, customer equity accounting, database management,
and data analysis.
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"Delivering Profitable Value: A Revolutionary Framework
To Accelerate Growth, Generate Wealth, and Rediscover The
Heart Of The Business"
by Michael J. Lanning.
(Published by Perseus Press, 2000)
The author discusses the creative relationship between an
organization and its customers within the framework in which
the customer lives and exists.
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"Driving Customer Equity: How Corporate Lifetime
Value is Reshaping Corporate Strategy"
by Roland T. Rust, Valerie A. Zeithaml, and Katherine N. Lemon.
(Published by Free Press, 2000)
The authors' Customer Equity Framework yields powerful insights
that will help any business increase the value of its customer
base. Rust, Zeithaml, and Lemon introduce the three drivers
of customer equity -- Value Equity, Brand Equity, and Retention
Equity -- and explain in clear, nontechnical language how
managers can base their strategies on one or a combination
of these drivers. The authors demonstrate in this breakthrough
book how managers can build and employ competitive metrics
that reveal their company's Customer Equity relative to their
competitors. Based on these metrics, they show how managers
can determine which drivers are most important in their industry,
how they can make efficient strategic trade-offs between expenditures
on these drivers, and how to project a financial return from
these expenditures.
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"Getting It Right!: Creating Customer Value for Market
Leadership"
by Philip Weinzimer
(Published by John Wiley & Sons, 1998)
An integrated solution for achieving sustainable market leadership,
this simple, easy-to-use,
step-by-step guide is packed with examples of techniques,
tools, and traps to watch out for when
implementing customer-focused change and achieving leadership
in today's customer-driven market. 20 illustrations.
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"The Market Value Process: Bridging Customer and
Shareholder Value"
by Alan S. Cleland with contributions by Albert V. Bruno
(Published by Jossey-Bass Publishers, 1996)
As the firing of Apple Computer CEO Michael Spindler so clearly
illustrated, customer value without shareholder value can
lead to disaster. To be successful in today's economy, companies
must build strategies that do an equally effective job of
winning both customers and shareholders. This book provides
a groundbreaking practical approach to the strategic planning
process that accomplishes this task.
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"Value Driven Management: How to Create and Maximize
Value over Time for Organizational Success"
by Randolph A. Pohlman and Gareth S, Gardiner.
(Published by Amacom, 2000)
The authors cover a balanced approach that will help readers:
* Realize that economic value is only one aspect of value,
important but not the paramount objective
* Build an organization where the values of employees are
in sync with organizational values
* Establish a value-driven culture throughout the organization
* Use value-driven management concepts to solve complex problems
* Manage their self-development
* Increase their job satisfaction.
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"Value Based Management: The Corporate Response to
the Shareholder Revolution
(Financial Management Association Survey and Synthesis Series.)"
by John D. Martin and J. William Petty
(Published by Harvard Business School Press, 2000)
The corporate world's comeback to shareholder revolt, value
based management (VBM) refers to
tools that financial managers can use to plan, monitor, and
control a firm's operations in ways that enhance shareholder
value. This timely book-based on the authors' research and
on an extensive study of firms that have successfully implemented
VBM systems-provides the first objective, field-tested synthesis
of the most popular models in use today: the free cash flow
method, the economic value added/market value added (EVA/MVA)
method, and the cash flow return on investment approach (CFROI).
Pointing to the lessons learned by VBM adopters in a wide
variety of industries, the authors outline the advantages
and disadvantages of each model, and guide managers in electing,
implementing, and operating one that best fits their organization.
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"Value Leadership: Winning Competitve Advantage In
the Information Age"
by Michael C. Harris (Published by ASQ Quality Press, 1997)
Harris presents an integrated system to acheive the delivery
of high value to all stakeholders using the voice of the customer
as its highest dependant variable. Defining value in
customer terms permits everyone at all organisational
levels to link business decisions with customer needs and
wants in a measurable and observable manner.
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"The Wizardry of Value Leadership"
by Reginald Goeke and Eric Reidenbach (Published by Rhumb
Line Inc., 1999)
Outlines 10 steps to superior value delivery. Provides an
integrated framework for driving Customer Value Analysis into
the organization using the tool of Value Delivery Analysis.
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"To Satisfy & Delight Your Customer : How to
Manage for Customer Value"
by William J. Pardee
(Published by Dorset House, 1996)
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Next: Customer Loyalty
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