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CREATING VALUE: Group Work Concept

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1 CREATING VALUE: Group Work Concept
Jason C.H. Chen (陳周宏教授), Ph.D. Professor of MIS Graduate School of Business Gonzaga University Spokane, WA 99258, USA Source: Creating Value, Center for Leadership & Learning, Boeing Corp.

2 eBusiness Key Concepts
eBusiness the strategy of how to automate old business models with the aid of technology to maximize customer value eCommerce the process of buying and selling over digital media (e.g., Internet) eCRM (eCustomer Relationship Management) the process of building,sustaining, and improving eBusiness relationships with existing and potential customers through digital media

3 Creating Value Learning the Business Running the Business
Sharing the Results

4 (ShareValue Trust Appreciation)
Total Customer Satisfaction Fundamental Goal Increasing Shareholder Value Over the Long Term (ShareValue Trust Appreciation) Quality Cost Delivery Safety Morale Sound Business Decisions

5 Employee Satisfaction
FUNDAMENTAL GOAL MEASUREMENTS QUALITY, COST,DELIVERY, SAFETY, MORALE Customers Employee Satisfaction Each Of us Provides Value For: Employees Employee Satisfaction Community Community Satisfaction Increased Shareholder Value over the Long Term Shareholders

6 People working together as one company for utility leadership

7 Essential Value Propositions for a Successful Company
________ Model A value-added Value, value, value _______ Competency outsourcing offshoring __________ Set corporate goals and get executive sponsorship for the initiative Business Core Core competency: 核心競爭力; Execution:執行力; First, you have to have a business model, then, the company needs to set corporate goals and get executive sponsorship for the initiative." "Start with your business objectives of the product or service the company is selling, figure out where it is in the lifecycle, and determine which phase of CRM to focus on, for example, the company should determine whether it wants to focus on acquiring customers, retaining customers or up-selling and cross selling to customers." Examples: Dell vs. Gateway and Toyota vs. GM/FORD Execution

8 Core Competencies Detailed Customer Knowledge and Focus
We will seek to understand, anticipate, and be responsive to our customer’s needs. Large-Scale System Integration We will continuously develop, advance and protect the technical excellence that allows us to integrate effectively the systems we design and produce. Learn, Efficient Design and Production Systems Our design and production systems will be among the best in the world, characterized by efficient use of assets, short time-to market, short flow times, short cycle times, high quality and high inventory turns.

9 Values: In all our relationships we will demonstrate our steadfast commitment to:
Leadership We will be a world-class leader in every aspect of our business-in developing our team leadership skills at every level; in our management performance; in the way we design, build and support our products; and in our financial results. Integrity We will always take the high road by practicing the highest ethical standards, and by honoring our commitments. We will take personal responsibility for our actions, and treat everyone fairly and with trust and respect.

10 Values: In all our relationships we will demonstrate our steadfast commitment to (Cont):
Quality We will strive for continuously quality improvement in all that we do, so that we will rank among the world’s premier industrial firms in customer, employee and community satisfaction. Customer Satisfaction Satisfied customers are essential to our success. We will achieve tital customer satisfaction by understanding what the customer wants and delivering in flawlessly

11 Values: In all our relationships we will demonstrate our steadfast commitment to (Cont):
People Working Together We recognize our strength and our competitive advantage is – and always will be – people. We will continually learn, and share ideas and knowledge. We will encourage cooperative efforts at every level and across all activities in our company. A Diverse and Involved Team We value the skills, strengths, and perspectives of our diverse team. We will foster a participatory workplace that enables people to get involved in making decisions about their work that advance our common business objectives.

12 Values: In all our relationships we will demonstrate our steadfast commitment to (Cont):
Good Corporate Citizenship We will provide a safe workplace and protect the environment. We will promote the health and well-being of Boeing people and their families. We will work with our communities by volunteering and financially supporting education and other worthy causes. Enhancing Shareholder Value Our business must produce a profit , and we must generate superior returns on the assets entrusted to us by our shareholders. We will ensure our success by satisfying our customers and increasing shareholder value.


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