The power of customer centric strategy

Using the example of Ritz-Carlton


Essay, 2008

3 Pages, Grade: 1,0


Abstract or Introduction

Serving customer needs and providing customer value should be put at the center of
strategic thinking: otherwise a company is in risk of developing organizational
competences, which have little or no market value.
A remarkable example of a very successful company, whose strategy is entirely
customer based is the luxury hotel chain Ritz-Carlton. Every part of this company’s culture is based on providing the finest customer service. “We pledge to provide the finest personal service and facilities for our guests who will always enjoy a warm, relaxed, yet refined ambience.”

Details

Title
The power of customer centric strategy
Subtitle
Using the example of Ritz-Carlton
College
Technical University of Munich  (Wirtschaftswissenschaften)
Course
Seminar
Grade
1,0
Author
Year
2008
Pages
3
Catalog Number
V113855
ISBN (eBook)
9783640151745
File size
329 KB
Language
English
Keywords
Seminar
Quote paper
Vassilena Mladenova (Author), 2008, The power of customer centric strategy, Munich, GRIN Verlag, https://www.grin.com/document/113855

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