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Companies are getting better at measuring results and demanding value for money.
They could start demanding value from the business in the same way that consumers have done from makers of everyday products.
Only a handful of companies with unique brand franchises, strong relationships with their customers, or radically new strategies will be positioned to become infomediaries; but they will be the catalyst for people to begin demanding value in exchange for data about themselves.
Clients are demanding value and efficiency two outputs the traditional law firm partnership model was not constructed to produce.
The government hopes the publication of the data will lead parents, local media and interest groups to be more assertive in demanding value for money - while there may be wide ranging explanations for what the data shows, it is more information than has ever been publicly available before to help them work out what questions to ask.
Increasingly, national health authorities and insurers are demanding value from medicines.
Similar(51)
To make your own education in a truth-seeking community like this one, you must embrace and exemplify certain demanding values.
They demand value – a combination of price, quality and service – rather than just price.
Comfort marketing is part of efforts to reassure consumers who demand value for money that they are buying products that have stood the test of time.
Their role was to challenge, even denigrate, the views of "insiders", to demand value for money, to impose performance management, to root out endemic "failure" and to insist on what they saw as customer satisfaction.
These examples share features in common: the notion that spending cash is a proxy action; a blithe unwillingness to demand value for money; the abuse of numbers, and wishful thinking.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com