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Managing Business Relationships, 3rd Edition

ISBN: 9780470721094 | 047072109X
Edition: 3rd
Format: Paperback
Publisher: Wiley
Pub. Date: 10/1/2011

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SummaryTable of ContentsAuthor Biography
Managing Business Relationships enables students and managers to understand the reality of business networks and how to manage them.

No company is an island in the world of business. Each company is locked into a complex network of relationships with its customers, suppliers and other counterparts. What happens in these relationships is critical to the success of any business. Managing a company's relationships and its position in the network is a central, but often misunderstood aspect of business.

This new ... MORE

Features:

• Provides a structured way to understand business networks and their meaning for the practicing manager.

• Offers a complete analysis of management in different relationships including those with customers, suppliers, distributors and development counterparts.

• Presents a practical analysis of the problems and choices that managers face in developing and changing their relationships and a guide to the critical skills of business networking.

The book is vital reading for students of business marketing, purchasing, business networks and relationship management. It is also a valuable resource for all managers operating in business networks, including those in marketing, purchasing, strategy, technical development and distribution.

 

About the Authorsp. ix
Prefacep. xi
The Importance of Business Relationshipsp. 1
The reality of business relationshipsp. 1
Markets, marketing and purchasing managementp. 6
The substance of business relationshipsp. 10
Managing business relationships for customers and suppliersp. 10
Referencesp. 12
What are Business Relationshi... MOREp. 14
Introductionp. 14
Interaction and relationshipsp. 15
Time and the business relationshipp. 17
The substance of a relationshipp. 18
The first facet of a relationship: the relationship as a devicep. 21
The second facet of relationships: relationships as assetsp. 29
The third facet of relationships: relationships as problemsp. 38
Conclusionsp. 40
Referencesp. 41
Relationships with Customersp. 42
Introduction: the complexity of customer relationshipsp. 42
The characteristics of customer relationshipsp. 45
Managing continuing customer relationshipsp. 51
Developing customer relationshipsp. 53
Managing a relationship with a single customerp. 56
Managing a portfolio of customer relationshipsp. 64
Conclusions: managing relationships with customersp. 69
Relationships with Suppliersp. 73
The significance of suppliersp. 73
What suppliers can do for a companyp. 75
Key features of supplier relationshipsp. 78
Managing the supplier base: a networking issuep. 86
Managerial issues in networking with suppliersp. 90
Conclusions: making the most of supplier relationshipsp. 96
Referencesp. 97
The Economics of Business Relationshipsp. 99
Introduction: the economic problems of business relationshipsp. 99
The idea of relationship valuep. 102
The elements of relationship valuep. 103
Costs of business relationshipsp. 105
Benefits from business relationshipsp. 109
Analysing relationship benefitsp. 112
Relationship value and pricep. 113
Pricing approaches in business relationshipsp. 117
Conclusionp. 124
Referencesp. 125
Intermediation in Business Relationshipsp. 126
Introductionp. 126
The role of intermediationp. 127
Intermediation from a network perspectivep. 129
Intermediation and distributionp. 132
Intermediation from the perspective of the end-userp. 134
Intermediation from the perspective of the supplierp. 139
Conclusionsp. 151
Referencesp. 153
Technology and Business Networksp. 155
Introductionp. 155
The range of technologiesp. 157
Assessing the potential value of technology in business networksp. 160
A network view of technological developmentp. 162
Embedded and technological developmentp. 165
Relationships and technological developmentp. 168
Creating economic value from technologyp. 174
Conclusionsp. 176
Referencesp. 177
Managing in Networksp. 178
Introduction: managing business relationships in the network economyp. 178
What is a network?p. 182
Managerial questions about operating in networksp. 184
Analysing network choicesp. 193
Conclusions: strategy in networksp. 205
Referencesp. 206
Developing the Practice of Business Networkingp. 209
Introductionp. 209
The process of business networkingp. 211
Implementing networkingp. 217
Conclusions: networking and the management of business relationshipsp. 226
Referencesp. 228
Indexp. 229
Table of Contents provided by Ingram. All Rights Reserved.
David Ford is Affiliate Professor at Euromed-Management, Marseille. Lars-Erik Gadde is Professor at Chalmers University of Technology, Gothenburg. Hkan Hkansson is Professor at the Nordic School of Management, BI, Oslo. Ivan Snehota is Professor at the University of Lugano.

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