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Meeting of the Minds: Creating the Market-Based Enterprise
 
 
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Meeting of the Minds: Creating the Market-Based Enterprise [Hardcover]

Vincent P. Barabba (Author)
4.5 out of 5 stars  See all reviews (2 customer reviews)


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Book Description

November 1, 1995
Despite much talk of being market oriented, few companies have harnessed the full range of their capabilities to serve the customer. In fact, the traditional organization of corporate activities into separate functions with marketing controlling primary access to the customer has widened the gulf of knowledge and understanding between the enterprise and its markets, and within the firm itself. This book provides a practical blueprint for creating dynamic, market-based decision-making mechanisms that lead to competitive advantage. Drawing on his thirty years of executive experience at Eastman Kodak, Xerox, General Motors, and in the public sector, Vincent P. Barabba demonstrates that when companies use systems thinking to view customers and the market as an extension of the firm, they achieve a meeting of the minds - creating value for customer, community, and enterprise. Barabba rejects the path of organizational restructuring and instead presents a unique framework for creating unity of knowledge and purpose across functions and for linking them with the markets they serve.

Editorial Reviews

From Booklist

Much management literature today focuses on organizational structure, arguing that problems can be solved and corporate performance improved if only companies will restructure. Barabba suggests, however, that information about and from the customer and how it is gathered, disseminated, and used are the key. He reiterates here what he and Gerald Zaltman made the case for in Hearing the Voice of the Market (1991) and what Barabba has discovered in creating a market-based decision network for General Motors as general manager of its Strategic Decision Center. He proposes that managers must "move from (looking at] marketing as a function to [having it] as a state of mind," and he lays out a strategy--and the tools--for doing so. David Rouse

About the Author

Since 1984, Harvard Business School Press has been dedicated to publishing the most contemporary management thinking, written by authors and practitioners who are leading the way. Whether readers are seeking big-picture strategic thinking or tactical problem solving, advice in managing global corporations or for developing personal careers, HBS Press helps fuel the fire of innovative thought. HBS Press has earned a reputation as the springboard of thought for both established and emerging business leaders.

Product Details

  • Hardcover: 247 pages
  • Publisher: Harvard Business Press (November 1, 1995)
  • Language: English
  • ISBN-10: 0875845770
  • ISBN-13: 978-0875845777
  • Product Dimensions: 9.5 x 6.5 x 1 inches
  • Shipping Weight: 1.3 pounds
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #2,598,354 in Books (See Top 100 in Books)

More About the Author

Vince Barabba has had an unusual career in political campaign survey research, business market research, intelligence gathering, and knowledge and strategy development. He has helped Governors, Congressmen and US Presidents - as well as the Boards of several of America's leading corporations - take some critically important decisions. In each role, he has taken plenty of those decisions himself.
Founder and Chairman of the Board of Market Insight Corporation, Vince was until 2003 the General Manager, Corporate Strategy and Knowledge Development of General Motors, where he conceived and devised OnStar and MyProductAdvisor.
He twice served as Director of the U.S. Bureau of the Census (the only person to have been appointed by Presidents of different political parties) and was also Manager of Market Research for the Xerox Corporation and Director of Market Intelligence for Eastman Kodak. Vince has been inducted into the Market Research Hall of Fame. He has received the AMA's Parlin Award for leadership in the application of science to marketing research and the MIT/GM Henry Grady Weaver Award for individuals who have contributed the most to the advancement of theory and practice in Marketing Science.

 

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1 of 1 people found the following review helpful:
4.0 out of 5 stars Want to be market-oriented?, March 18, 2002
By 
Yeung Shu Wing (Department of Marketing, City University of Hong Kong) - See all my reviews
This book started with some basic management concepts and marketing concepts such as organizational structures to give you basic ideas on an organization. Then, in the latter chapters, the author introduced the concept of ideal market-based enterprise and brought in the ways to become a market-based enterprise. The Listen-Learn-Lead approach suggested by the author is practical and easy to understand. I love that approach personally since it would be useful for my future career.

As the author possess over 30 years executive experience, you can definitely share his experience in this book. As in this cyber year, the market trend always keep changing, thus being market-oriented is essential to maintain competitive. This book is worth to read if you want your organization to be market-oriented.

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2 of 5 people found the following review helpful:
5.0 out of 5 stars Best book on marketing as organisation-wide learning, March 3, 1997
By A Customer
This review is from: Meeting of the Minds: Creating the Market-Based Enterprise (Hardcover)
From Chris Macrae wcbn007@easynet.co.uk Join 100 marketing opinion leaders from 15 countries currently discussing this book's vital lessons for organisations with a marketing future. This is where we have got to as of March97... Which are your favourite books or other texts which mesh marketing and learning organisation principles together in such a way that a marketing practitioner will add "learning organisation" constructs to his/her tool kit without worrying whether other people would classify them as marketing work? Two votes for Vince Barabba's book "Meeting of the Minds" come from Tim Ambler ("excellent book and his approach has inspired some quite sophisticated market research in GM") and myself. Below, an abstracted historical summary of how and why marketing stopped working in many Western companies of the 70s/80s. Finally, my concluding questions are tabled......Words are directly abstracted from Barabba except some linking paragraphs of mine in parentheses: Page 43 THE RISE AND FALL OF THE MARKETING CONCEPT The late 50s and the 1960s, a period of economic expansion, were the golden age of marketing. It was a period in which (US) companies like General Electric, Pilsbury, and Procter & Gamble were guided by executives who actively integrated marketing into every phase of the business. Peter Drucker writing at about the same time, likewise identified the central role of marketing and innovation. To him, marketing encompassed the whole business and meant more than selling products and services or creating a marketing department. "Marketing" he wrote "is so basic that ...it is not a specialised activity at all. It is the whole business seen from the point of view of its final result, that is from the customer's point of view." The marketing concept held the highground in management thinking for almost two decades, and these were great years for American business. Personal incomes and markets expanded dramatically between the 1950s and 1970." (Then marketing as organisation-wide learning and customer-oriented innovation process stopped in thw West... until the Japanese woke all would-be world class businesses up. The Japanese lapped up marketing as an inter-disciplinary concept with tools as TQM, Quality Function Deployment, Hoshin Planning, as recent revelations of knowledge-creation being an essentially Japanese corporate advantage (Nonaka et al, The Knowledge Creating Company), and target market costing as an organisation-wide process which the Japanese use (instead of accountants' measures) so that an informing consensus integrates all decisions for new product business development (Robin Cooper, When Lean Enterprises Collide)) (page 47) One example of a Japanese management technique now widely adopted in North America is Total Quality Management (TQM), a customer-focused philosophy and strategy that seeks continuous improvement in business processes through the application of analytical tools and teamwork. Quality is considered from the customer's viewpoint , and quality demands constant sensitivity to customer demands and perceptions to market information. According to one author's description of TQM , "The voice of the customer is integrated into each process and system in the organisation...(and) meeting and exceeding customer demands is the ultimate objective". Essentially, the many Japanese management techniques that found their way to North America and Europe in the 1980s shared two common understandings: first, that all business activities represent processes, and second, that these processes have only one purpose, to satisfy customers. The methodologies that underlie Japanese management techniques are at their core ways of fine-tuning and continually improving those processes to the point that they contain nothing that does not create value and satistaction for the customer. (BUT if you have for a generation of management lost the marketing concept, your organisation may need to unlearn and then do a lot of new learning just to get back to scratch. As Chris Argyris has explained - in Organisational Learning 2 - enormous commitment is needed to reverse short-term culture and short-termist measurements and the political structure these condition -all this at a time when companies really do need to reflect on today's extraordinary strategy change drivers. Is this too much hard work for many old board directors to (have the will to) get down too?...) page 37: "In its traditional form, the functionally organised enterprise, in which command and control emanates from the top, is ill suited to the demands of the modern marketing place. It separates decision making (at the top) from doing (within the functions). It links decision-makers and customers by means of a single, narrow, and inadequate channel - the marketing function. Worse still, it provides few opportunities to move knowledge and knowhow between the functions. allowing what we call organisational knowledge. We may find the best of both worlds if we redesign the decision-making process from the command-and-control tradition of the past so that it draws from and links the functional silos in which information and knowledge ultimately reside. This process will require trust between functions, the sharing of information and knowledge, and enterprise-wide knowledge creation. CONCLUDING QUESTIONS Three sets of questions and one speculation to conclude are: Q1) Apart from Japan, are all countries-headquartered companies starting from an equal handicap in this race to learn marketing organisation-wide? I don't think so. In the US quality prizes like Baldrige woke companies up to process methods and information exchanges, books like Barabba's get written, and "learning organisation" is increasingly a serious topic on many CEO's minds. I don't think it is yet in eg the UK, a country where our lack of appreciation of the intangi But maybe you'd like to vote on countries you know best? Q2) More importantly, if an organisation has built up two decades of inertias as marketing dumb and over-deparmentalised, what approaches do people suggest to help a company iteratively and urgently experiment with becoming a new marketing learning organisation? Q3) Would you agree that the great irony is that - with the new information era - we are entering the fastest wealth producing era mankind has known? But one in which countries, regions and companies will not all gain? The lion's share will go to those who direct value added learning with Unique Organisation Purpose aligned by the quality/trust of marketing relationships (whose feed-forward measurement is far removed from past performance transactions that accountants and old economists count on)? I would speculate that for many big Western organisations, the only chance of catching up with world class value adding networks will be to establish a virtual university of interdisciplinary management practices with a marketing soul. We know that the Japanese have some leading tools/approaches for this sort of curriculum, and to work any of them properly practitioners need to exchange experiences. Brand Chartering is an action learning approach they might also try out; there must be many other experimental approaches worth trying too. But perhaps most importantly, shouldn't we be constructing websites as experience-hubs in marketing learning organisation where practioners can : -download training modules from the internet on to company intranets? -exchange in e-mail groups with other practioners creative ideas on how to plant these interdisciplinary tools in their companies so that organisation-wide learning takes off? Chris Macrae, editor of Brand Chartering Handbook & MELNET www.brad.ac.uk/branding/ E-mail me at wcbn007@easynet.co.uk
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Inside This Book (learn more)
First Sentence:
Many of our corporate organizations are relics of the nineteenth and early twentieth centuries. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
dialogue decision process, enterprise process model, enterprise business model, information handlers, silo problem, current knowledge state, market mavens, common business processes, decision network, marketing concept, external uncertainty, horizontal organization, product integrity
Key Phrases - Capitalized Phrases (CAPs): (learn more)
General Motors, New York, Gerald Zaltman, Harvard Business Review, Hearing the Voice of the Market, Peter Drucker, Alfred Sloan, Harvard Business School Press, Marketing Science Institute, John Wiley, Strategic Decision Center, The Fifth Discipline, Industrial Age, Meeting of the Minds Figure, Chrysler Corporation, Fisher Body, General Electric, Henry Mintzberg, Los Angeles, Russ Ackoff, The Proving Ground of Public Opinion, West Churchman, Basic Books, Decision Makers Detail Complexity, Dodge Caravan
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