Home Login Search Sitemap FAQ About Us Contact Us MIT Sloan View Cart
MIT Sloan Management Review Homepage
 
 
 

Best Practice for Customer Satisfaction in Manufacturing Firms

Abbie Griffin, Greg Gleason, Rick Preiss and Dave Shevenaugh
Topic: Marketing
Reprint 3627; Winter 1995, Vol. 36, No. 2, pp. 87–98

Buy this issueBuy this article E-mail this page 

Although researchers have concentrated on various measures of customer satisfaction (CS) and the relationship of CS to firm performance, they have done little to determine what constitutes the best practices of firms focusing on CS as a corporate strategy. These authors report the results of their investigation into the best practices of four manufacturing firms with reputations for delivering high levels of customer satisfaction. They found that, although the firms developed a CS strategy for different reasons, each had similar characteristics that enabled them to concentrate on satisfying the customer. While the firms generally outperformed the average firm in their industry in profits and asset utilization after adopting a customer satisfaction strategy, they were not as successful in increasing market share; nor has the market valued them as highly as it has valued others in their industry. Finally, the authors suggest ways companies can improve their customer satisfaction measures and practices.

Abbie Griffin is associate professor of marketing and operations managements, University of Chicago. Greg Gleason is vice president, CSC Index. Rick Preiss is president, Preiss & Co. Dave Shevenaugh is a principal, Arthur Anderson & Co.

     
$ 6.50 Buy PDFBuy PDF What is this?
$ 12.00 Buy PDFBuy PDF and permission to copy What is this?
$ 5.50 Buy PDFBuy permission to copy from your own original What is this?
$ 6.50 Buy PDFBuy paper reprint What is this?
$ 12.00 Buy PDFBuy paper reprint and permission to copy What is this?

Academic pricing and volume discount information

 

[top] [back]

 
Free Issue
Join our e-mail list.
Click "GO" to register to receive alerts and updates.
POPULAR ARTICLES

MORE

privacy policy