Tag Archives | Heskett

Service Profit Chain

The Service Profit Chain establishes relationships between profitability, customer loyalty, and employee satisfaction, loyalty, and productivity. The links in the chain (which should be regarded as propositions) are as follows: Profit and growth are stimulated primarily by customer loyalty. Loyalty is a direct result of customer satisfaction. Satisfaction is largely influenced by the value of [...]

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Value Profit Chain

With their Value Profit Chain model, James Heskett, Earl Sasser and Leonard Schlesinger argue that organizations need to focus on providing what their employees, customers, investors, suppliers, and others value most. Focusing on value will bring about necessary organizational change, and tying an organization to the most valued needs of its customers will make it [...]

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