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The Connected Corporation Summary

4 min read ⌚ 

The Connected Corporation Summary

How Leading Companies Manage Customer-Supplier Alliances

After the oil crisis in the 70s, the economic progress took its turn. All are aware that those companies fortunate to survive the collapse, were forced to create new strategies and prepare themselves for the worst-case scenario.  

This book summary answers the questions related to this issue. We lay out some fundamental theories for weakened companies to rise from the ashes.

Who Should Read “The Connected Corporation”? And Why?

The Connected Corporation” is perfect for those working their way through the business world and people who want to apply organizational changes.

In either case, you should be aware that this book comes without warning, and immediately exposes the weaknesses of many brands, leading to a discovery that alliances act as a route to financial heaven.  

About Jordan D. Lewis

Jordan D. LewisJordan D. Lewis is a worldwide authority on leadership, management, alliances, and consultant. He is also an author that used to teach at the Wharton School of the University of Pennsylvania. At this moment Lewis is a fellow of the World Economic Forum and a visiting scholar at the University of California.

“The Connected Corporation Summary”

Every now and then, corporations or companies are compelled to redevelop their strategies. The reasons for doing so are linked to achieving the best benefit/cost ratio. Obviously, it makes perfect sense of trying to take any company to a point where the cycle time, quality of products/services, and profits, will be at its best. Nevertheless, this procedure takes time; it’s a process consisting of 100% commitment and vision.

Why should you be customer-centric, instead of focusing around – the improvement on all company’s layers? – Stay with us:

Jordan advises that businesses should create strong bonds with suppliers as well, and form B2B alliances. Marching towards certain victory is a rare scenario in the business world, not even unions can guarantee you prosperity, but they’ll surely reduce the risk.

In either case, a partnership of this kind is the beginning of a new Age for your firm. Double your chances of victory with insights deriving from “The Connected Corporation” book written in the mid-90s. Perhaps, a dose of skepticism exists among the readers. Not many are willing to follow tips written more than two decades ago but don’t be foolish. Even though some of the methods are conventional, the overall experience is up-to-date.

You might be wondering: – Why emphasizing alliances?

Top-notch corporations owe their success to a well-designed strategy. Let’s look at things from an impartial standpoint. Any business goes after new markets which call into question, company’s vision, mission, and long-term strategy. What does this mean? – It indicates that if you don’t allow your business to grow by forging customer-supplier alliances, you’ll only end up in the bottom of the corporate chain. Increasingly more time and resources allocated to tasks of the highest order will allow the business to reduce costs, improve quality, and ultimately increase profits. The real measurement of your work is nothing other than a customer satisfaction.

Stay tuned for more:

Generally speaking, even in the digital age or the era of information, there are plenty of companies that refuse to share info, and participate in the process that contributes to the common good. The strategic alliance is not just a concept for creating value!! It represents the essence of success due to massive technological improvements these days. Filling the gap is a term used to showcase the unions and ties between societies, institutions, and companies to solve problems like lacking information, resources, creativity, etc.

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