Selected Executive Quotes from ValueSpace          

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I don’t believe in customer satisfaction as a goal; it is simply a waste of time because satisfied customers buy your competitors’ products.... So what I care about is ‘delivering the best value’ to the customer.

                -- Ernie P. Maier, 3M’s Director of Corporate Development

 

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The customer sitting at the keyboard at home is already turning the conventional retailing model upside down. Rather than being pushed upon by the seller and the supplier, the customer is "pulling" the product or service of his/her choice through the supply chain. The term ‘customer loyalty’ has been turned on its head. Today, we’re the ones with no choice. We’ve got to be loyal to customers. The hunter has become the hunted!

                                -- Jim Kelly, CEO, UPS

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In our industry, there is this ocean of mistrust between car buyers and dealerships. We are trying to bridge that gap. We are trying to create a wholesome and trusting car buying experience for our customers.

                -- Michael Jackson, CEO, AutoNation.

 

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We at 3M make our living by developing products for specific customer applications. We view and present ourselves as a solution provider rather than product sellers. We go in, for example, and say to the customer, 'we are specialists in protection, bonding, masking etc. How can we improve the way you protect, bond, or mask materials in your own production of goods that you make?' It is from such dialog that potential applications are identified. And what can be better performance value than products developed to precisely match a specific user's specific application need?

        -- Kevin Ries, Director of Marketing, Industrial Tapes Division, 3M.

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From Day One, when you identify a client as part of your target market or part of served market, you plan the things you would take to that client, and how you would grow that client over the years. We have the goal of converting the prospect into a customer into a client into a strategic partner. We believe that our growth, our success, has been the result of what we do after we get the client.

-- Bill Patterson, Senior VP of Marketing, Xerox Business Services.

 

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Under the ‘16X Quality Improvement’ program, we literally eliminated repetitive product failures. Now we are attacking random failures with Six Sigma methodology, continuing to drive defect rates so low that no competing machine will even come close.

-- James E. Despain, Vice President, Caterpillar and General Manager, TTT Division.

 

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Most companies are still in the selling mode; they go out there, and sing their song. We have what I call a ‘reverse executive communication exchange dialog’. We like to explain our services after we have listened to what the client does, what their definition of business process improvement is, and what they are really trying to achieve on a short and long-term basis. When we ask these questions in an efficient manner, we know up front if there is a DNA match.

                   -- William R. McDermott, President, The Gartner Group,                

(Formerly Sr. Vice President, Xerox Business Services)

 

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It’s the Airlines’ Number One Priority to get as much money as they can for seat 10C; it’s mine to make sure my clients pay as little as they must.

-- Hal Rosenbluth, Chairman and CEO, Rosenbluth International

 

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