EconPapers    
Economics at your fingertips  
 

Dialogue with Customers: Secret to Innovation Strategy

Debra M. Amidon ()
Additional contact information
Debra M. Amidon: Entovation International, 2233 Lexington Ridge Drive, Lexington MA 02173, USA

International Journal of Innovation Management (ijim), 1997, vol. 01, issue 01, 73-87

Abstract: Enterprises are discovering a rededication to customers in ways rarely practised other than by the entrepreneurial firm. However, quality and restructuring methodologies have returned executives to their ownraison d'etreby positioning customers at the heart of business survival. At the same time, cross-boundary alliances are demanding new partnering techniques with all stakeholders, including customers. New initiatives are commonplace, but are generally without an understanding that something is fundamentally different between customer satisfaction and the success of your customers. This article introduces the concepts in ways that are easily practised. Simply stated, treat your customers as sources of knowledge, not someone to whom you solely deliver products and services. By practising value-system (rather than value-chain) strategies, companies can take advantage of the business opportunities afforded by a collaborative economy. Similarly, by defining Strategic Business Network (SBN's) rather than Strategic Business Units (SBU's), companies can leverage all available knowledge sources. Most importantly, a symbiotic relationship with consumers, customers or clients can help a company envision products and services for unarticulated needs and unserved markets. Companies which are practising new ways of interfacing with customers are realising significant business results. A profile of customer innovation at Steelcase North America provides an illustration of this new partnering relationship.

Keywords: Innovation; dialogue; success; knowledge (search for similar items in EconPapers)
Date: 1997
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S136391969700005X
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:01:y:1997:i:01:n:s136391969700005x

Ordering information: This journal article can be ordered from

DOI: 10.1142/S136391969700005X

Access Statistics for this article

International Journal of Innovation Management (ijim) is currently edited by Joe Tidd

More articles in International Journal of Innovation Management (ijim) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().

 
Page updated 2025-03-20
Handle: RePEc:wsi:ijimxx:v:01:y:1997:i:01:n:s136391969700005x