The Future of Competition: Co Creating Unique Value with Customers

C.K. Prahalad

ISBN 10: 0143061909 / ISBN 13: 9780143061908

Published by Penguin Books, 2006

The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR008918495

Synopsis:

The Future of Competition argues that in a world in which information is readily available to everyone, the role of the customer has changed dramatically

Once passive recipients of the products and services companies created for them customers are now active participants who actually co-create the value they receive, from products and services they help develop, test, and distribute.

Whereas in the 1990s competitive advantage was derived from the authors landmark notion of core competencies (those activities a company does better than anyone else), in the future it will come from how proficient companies are at providing opportunities for customers to co-create unique experiences.

Prahalad and Ramaswamy present four key building blocks that will enable companies to co-create the future with customers transparency, access, dialogues, and risk management and illustrate them through rich examples from a wide range of companies. As bold and far-reaching as Competing for the Future a decade ago, this book will redefine strategy for the Information Age.

About the Author: C.K. Prahalad is the Harvey C. Fruehauf Professor of Business Administration at the University of Michigan Graduate School of Business Administration and Chairman of the Board of Praja, a technology management company in San Diego. He lives in San Diego but travels extensively.

Venkat Ramaswamy is a professor of marketing at the University of Michigan Graduate School of Business Administration. He lives in Ann Arbor, Michigan.

Bibliographic Details

Title: The Future of Competition: Co Creating ...
Publisher: Penguin Books
Publication Date: 2006
Binding: Paperback
Condition: Very Good