What does this mean?Pros & Cons
Pros
Michael treacy and fred wiersema's book focuses on three value low costs, great products or outstanding ability to solve customers' problems. Golden solve the client's broader problem. Rewards based in part on client feedback; lifetime value of client... Read More
Highlights
Quality
Companies must ascertain the unique value be it price quality or problem solving they can deliver to a specific market
Price
Operational excellence or cost leadership best total cost operating modelkey success factor formula
Competitiveness
The authors offer you three choices lead with low costs great products or outstanding ability to solve customers problems
I am not sure that some organizations are not already good at more than one area of focus for example a great investment bank l... Read More
Authors michael treacy and fred wiersema make it clear that market leading companies all concentrate on creating value for their customers
Overview
- How are reviewers describing this item?
good, best, great, three and model. - Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
- Our engine has determined that the review content quality is high and informative.
- Our engine has discovered that over 90% high quality reviews are present.
- This product had a total of 196 reviews as of our last analysis date on Jan 19 2023.
Helpful InsightsBETA
Posted by a reviewer on Amazon
Having initially read and benfitted from their excellent harvard business review article i had already absorbed their key themes and principles which made the book a little less valuable to read
Posted by a reviewer on Amazon
However if you havent had the fortune of reading their article then get the book
Posted by a reviewer on Amazon
Then they focus on specific cases from nike to johnson johnson
Posted by a reviewer on Amazon
No company including yours can succeed by trying to be all things to all people
Posted by a reviewer on Amazon
In the process they discover a third generic strategy customer intimacy
Posted by a reviewer on Amazon
In practice ive learned that by explaining the operating models many people can easier find themselves depicted than in the overall generic dimensions of cost service or product leadership
Posted by a reviewer on Amazon
Many organizations try to be all things to all people and end up being mediocre or worse on everything
Posted by a reviewer on Amazon
I am not sure that some organizations are not already good at more than one area of focus for example a great investment bank like say goldman sachs will have more innovative products than most of its competition in certain areas and will also offer great relationships
Review Count History
