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Using the The RenDanHeYi Management Model, Haier excels integrating both its front- and back-end ecosystems into the very fabric of the company. This integration effectively vitalizes the company and enables it to thrive.
Understand that fundamentally customers don’t want choice; they just want exactly what they want.
Shifting from producing variety to mass customizing to individuals offers precisely that.
Even if you can’t create one yourself, find your role in those genius platforms being created by others to increase the economic value you create for your business greatly.
In today’s Experience Economy, companies increasingly offer experiences to cater to people’s desires.
So what’s a manufacturer to do?
Here are five possible paths for success for manufacturers in the Experience Economy.
Seek out best principles.
Examine what others are accomplishing to extract the principles they are deploying in their industry, situation, and circumstances. Then look at your own industry, situation, and circumstances to see how those same principles could work to create greater economic value for your business.
Those companies
that embrace the opportunity of employee transformations to help their workers fulfill
their hopes, accomplish their aims, and achieve their ambitions will more easily become employers of choice in today’s world.
Mass Customization (the book) is the underpinning of the 26-year collaboration between Jim Gilmore and me, while Mass Customization (the system, business model, and paradigm) is the DNA of the Experience Economy.
Explore the five levels of intention in business that make up the Intention Framework
Ever since Jim Gilmore and I first talked about experience staging we have related the importance of both to have a theme – the organizing
