The Differences Between Customer-led and Market-oriented Companies

Value Disciplines > Forum

The Differences Between Customer-led and Market-oriented Companies
Stefka Nenkova, Student (University), Netherlands, Premium Member
The concepts "customer focus" and "market orientated" are often discussed and presented in different companiesí mission statements. It is important to know that there are significant differences between these two customer orientations. Slater and Narver (1998) have made a point on that matter, while also trying to point out the conditions under which both strategies may be successful as well as possible problems they may lead to. Below I share a summary of their findings.

  • Focuses on understanding the expressed needs of the customers and finding ways to satisfy those needs
  • May develop close relationship with major clients
  • Is reactive and short-term in focus
  • Leads to adaptive learning, which hides the danger of limiting the managerís view to the one of their current customersí eyes
  • Hampers innovation with its focus only on current rather than the potential needs of the customers
  • Needs ...Sign up


Special Interest Group Leader

Interested? Sign up for free.

Value Disciplines
Best Practices

Expert Tips


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2019 12manage - The Executive Fast Track. V15.0 - Last updated: 19-2-2019. All names ô of their owners.