Does a Customer seek Customer Experience?
I, for one, am happy not to get an experience. I do not seek a fantastic experience, but when I get it, I feel great. But what I hate are bad experiences and cannot seem to avoid them. They keep coming. My parallel example is I do not want to [...]
Customer Journey Value: A Conceptual Framework
Abstract Though firms are making substantial investments in the customer journey (CJ), the return on these investments remains tenuous, yielding a critical need for enhanced CJ-related accountability. Addressing this gap, we develop the concept of ‘customer journey value’ (CJV), defined as the perceived value of a customer’s journey to the [...]
True Value Creation by Cyrus Bagwadia, former CEO, duPont India
Most companies talk of their strategic objective as "increase value for its shareholders". Most CEOs harbour belief that shareholders are the owners of the company and hence the company is beholden to their shareholders. It is commonly uttered in most management forums that Business exists to make healthy returns [...]