How to write admission essay
How To Write An Essay About Your Topic
Tuesday, August 25, 2020
illustrator essays
artist articles Eric Carle is an acclaimed maker of inventively delineated picture books for extremely small kids. His most popular work, The Very Hungry Caterpillar, has been converted into in excess of 30 dialects and sold more than eighteen million duplicates. Since the Caterpillar was distributed in 1969, Carle has shown and composed in excess of seventy books, a large number of which were smash hits. Carle was conceived in Syracuse, New York, in 1929 and later moved to Germany with his folks where he was taught and in the end moved on from the lofty workmanship school, the Akademie der bildenden Kunste. In any case, he had a fantasy to consistently come back to America, the place where there is his most joyful cherished recollections. In 1952 with an all around created portfolio, he came back to New York. There he got a new line of work as a visual architect in the advancement division of The New York Times. In the mid 1960s, Carle turned into the craftsmanship executive for a promoting organization. While there Bill Martin Jr. saw a promotion of a red lobster that Carle had intended for an ad and was intrigued enough to ask Carle to delineate Martins book Brown Bear, Brown Bear, What Do You See? . This experience brought back recollections of huge pieces of paper, bright paints, and fat brushes from his prior school years. He was opened to something extraordinary that would completely change him. This was the start of Eric Carles genuine profession. Carle before long found that representing alone was not so much fulfilling and needed to take a stab at composing also. He started to make unpleasant books of his thoughts and put away them in a little cardboard box. At the point when he delineated a verifiable cookbook, the editorial manager caught wind of his container of thoughts and requested to see them. He submitted 1,2,3 to the Zoo. He at that point indicated the manager an anecdote about a worm that ate openings through the pages. This was the way The Very Hungry Caterpillar was conceived. Nearly easily, Carle had become a writer and artist of books for kids. ... <!
Saturday, August 22, 2020
Plains, Games, and Automobiles free essay sample
Fields, games, and vehicles; the notorious gathering of three that transformed me into a hooligan. It was a warm summer day, and I was a youngster. However the delightful climate gave a false representation of the exercises on King Edwardââ¬â¢s Way, where unadulterated wickedness was occurring. The horrible men were devastating the field that I played in. My companion, Isaiah, and I viewed the demolition occur, letting the fury fill our prepubescent bodies. Consistently, we would approach the field past our road. Monster hills of earth extended miles into the sky. We cherished those mountains, and they adored us. We climbed them, running from ninjas one day, getting Pokemon the following. They offered to us a critical setting in shaping exemplary beloved recollections. What's more, the men were tearing them down. Truly, it was entirely thick of me to not understand that the heaps of earth were, indeed, dreadful slopes, and that they were simply physical proof of a change from a field to houses. We will compose a custom paper test on Fields, Games, and Automobiles or on the other hand any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Yet, to a kid, everything is a game, and thatââ¬â¢s how it ought to be. Being the vigilantes that we were, Isaiah and I concluded that the time had come to give out equity. We considered these to be as beasts, whose labor of love was to pulverize our home. So we sent them a message. Isaiah approached my home on our D-Day. It was the ideal opportunity for this war to end. I shouted to my mom, disclosing to her that we were going to play Pokemon at the highest point of the slope. She got it. The ideal bad habit. Didnââ¬â¢t suspect a thing. We walked up to the battleground and investigated the fields. A grave breeze kicked up some soil, however else, it was all tranquil. Vehicles zoomed by on the opposite street. These observers would be our most concerning issue. In the stealthiest style conceivable, we crept down the slope. We went to a concrete chamber and bird inside. There was no turning around. We had no clue what to do now. Our guiltlessness was occurring to us; could two children truly cut down a whole crowd? In any case, the honesty was likewise our best resource; no one anticipates the youngsters. Towards the finish of the field, a huge truck was left with nobody inside. That would do. We ran our hands over the filthy outside of the tank. It was secured with the blood of our country, sloppy spots going about as fight scars. Our anger expanded, yet we resisted the urge to panic. On the off chance that we blew it now, that could prompt genuine difficulty. Our folks may even discover. After snapshots of looking, I found a chink in the covering. Two orange circles on the rear of the truck secured the lights that lit up for the brakes. Without those, we understood that the truck would in all likelihood be pulled over, which would be a triumph all things considered. Isaiah watched the traffic, searching for a break. I paused, rock close by, prepared to convey that deadly blow. He gave the sign. Out of nowhere, I froze. Was this actually my destiny? To stand out forever like Al Capone, giving up my life of potential to one of gangsterism and thuggishness? Be that as it may, oh dear, so as to safeguard my country, penances must be made. I willed myself to relinquish that immature notoriety and hammered the stone into the brake light spread. The stone struck the plastic and broke it right away. It tumbled to the ground, pouring odds and ends of triumph. I was prepared to stop there, however my brain was not my own. I struck once more, crushing the light. The brake light was out, however I needed more. I did likewise for the other light, crushing and crushing until Isaiah pulled me away from my casualty. I resembled a fighter, punching my rival, getting my gloves on him in any capacity conceivable until I was coercively evacuated. At that point I saw the risk. A vehicle maneuvered into our field. I dropped the stone, yet there was earth on my hands. It drove up close to us. A man moved down the window and asked what our identity was. I did the talking; I was the pioneer of this group. I revealed to him who we were, puffing out my chest, both for size and with an end goal to shroud the monstrous pounding of my apprehensive heart. He inquired as to why we were here. Being the amazing improviser that I am, I disclosed to him that we were gathering rocks. His distrustful face indicated how little he trusted me. Nonetheless, without really implicating proof, he let us go, sending us out the door. We ran back to my home, hearts going quicker than our little legs could take us. We had done it. The modern monster was done. Equity had won for the last time. Obviously, everything considered, our endeavors were vain. They assembled a lot of houses and condos, and we lost our field. We never were gotten by our folks or any other person, however the blame of my wrongdoing has stayed with me right up 'til the present time. To put it to be perfectly honest, I was inept. Be that as it may, I figured out how to divert my life around from my profession of wrongdoing, and now, here I am. Without the tale of the Harrisonburg fields, the games we played there, and the car that transformed me into a crook, I would not be the individual that I am today.
Friday, August 7, 2020
How Long Does Buprenorphine Stay in Your System
How Long Does Buprenorphine Stay in Your System Addiction Drug Use Opioids Print How Long Does Buprenorphine Stay in Your System? Buprenorphine in Your Blood, Urine, Hair, Saliva By Buddy T facebook twitter Buddy T is an anonymous writer and founding member of the Online Al-Anon Outreach Committee with decades of experience writing about alcoholism. Learn about our editorial policy Buddy T Medically reviewed by Medically reviewed by Steven Gans, MD on December 13, 2015 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on December 06, 2019 Joe Raedle/Staff/ Getty Images More in Addiction Drug Use Opioids Cocaine Heroin Marijuana Meth Ecstasy/MDMA Hallucinogens Prescription Medications Alcohol Use Addictive Behaviors Nicotine Use Coping and Recovery In This Article Table of Contents Expand Effects Duration Factors That Affect Detection Time Elimination Symptoms of Overdose Getting Help View All Back To Top Buprenorphine is in a class of medications called opioid partial agonist-antagonists. It is used in transdermal patches and buccal films for people who need round-the-clock medication for pain but cant be treated with other pain-relieving medications. It is also used to prevent withdrawal symptoms for people who stop taking opioid drugs by producing similar effects to these drugs.?? Buprenorphine is sold under the brand names Suboxone (buprenorphine and naloxone), Subutex, Belbuca, Buprenex, Butrans, Temgesic, and Bupe. Buprenorphine and products containing buprenorphine are classified as Schedule III drugs, meaning they are considered to have a moderate to low potential for physical and psychological dependence. Learning how buprenorphine acts in your system and what interactions there can be with other drugs can help understand precautions and how to prevent an overdose. How Long Does Buprenorphine Stay in Your System? Blood: Up to two daysUrine: Up to six daysSaliva: Up to three daysHair: Up to 90 days How Suboxone (Buprenorphine) Can Treat Opiate Addiction How Long Does It Take to Feel Effects? Buprenorphine is a partial agonist that works by activating opioid receptors in the brain. This effect is less pronounced than in the case of opioids such as methadone and heroin.?? Activating the brains opioid receptors results in a reduction in opiate withdrawal symptoms. Essentially, the drug satisfies the brains need for opiates while avoiding the euphoric effects of opiate drugs. The amount of time it takes to begin feeling the effects of this medication varies depending on your bodys individual factors. Buprenorphine reaches peak blood concentration levels in about 40 minutes to three and a half hours.?? Once you have taken a dose of the medication, the effects can last for up to three days. The effects of buprenorphine are on the opioid pain receptors in the brain and spinal cord, but it also depresses the respiratory centers of the brain. It produces pinpoint pupils. It reduces the motility of the gut, which can lead to constipation. It also is a vasodilator and so it can produce flushed skin, sweating, and feeling faint when you get up after lying down or sitting. How Long Does Buprenorphine Last? Buprenorphine has a long half-life of 24 to 42 hours. It is broken down by the liver and excreted in the bile and kidneys into the urine and feces. For the combination product Suboxone, which includes both buprenorphine and naloxone, the naloxone has a shorter elimination period with an elimination half-life from two to 12 hours. Buprenorphine is a powerful, long-lasting drug and even if you take it according to your doctors instructions, you must be monitored for possible severe reactions, especially when first taking buprenorphine or when the dosage is changed. The FDA website contains Medication Guides for many of the brand names of buprenorphine-containing products. You should consult your doctor or these guides for specific precautions, restrictions, and further information for each product. Buprenorphine has a different metabolite (norbuprenorphine) than commonly misused opioids and it may not be tested for on a urine or saliva drug screen such as used for employment. However, testing for it has become more common. If you have been prescribed buprenorphine or the combination product Suboxone, you should disclose it to the testing laboratory so your results can be properly interpreted. Lab tests usually involve the use of gas chromatography or liquid chromatography methods. However, some drug screenings used by employers are not able to detect this substance. It may be detected in a targeted opioid urine screen or a specific buprenorphine urine screen. Urine testing is the most common method, but blood, saliva, and hair testing can also detect buprenorphine, but such methods tend to be used less frequently. Urine Buprenorphine is detectable in urine for up to six days after the last use. Because this medication is often used to prevent opioid withdrawal symptoms, it is important for labs to be able to distinguish between prescription buprenorphine use and non-prescription opioid use. Research suggests that doses taken as part of buprenorphine maintenance show up in urine at significantly lower levels than that of heroin, meaning that routine urine testing can be used to distinguish between this medication and illicit heroin use.?? Blood While blood tests tend to be used less frequently due to their invasiveness and higher costs, buprenorphine is detectable by blood analysis for up to two days after the last dose. Blood tests also have a much shorter detection window than urine tests and are often best used relatively quickly after a person has taken their last dose of the medication. Saliva Research suggests that saliva tests can be a fast and accurate tool for detecting the presence of buprenorphine.?? Saliva tests may be used more frequently because they are easy to administer and have a slightly longer detection window than blood tests. Buprenorphine can be detected in saliva for approximately three days after the last use of the medication. Hair Research has also found that buprenorphine can be detected in hair samples.?? As with other substances, the detection window for hair testing is much longer. Buprenorphine can be detected in head hair follicle samples for up to three months after the last use. False Positive Testing While a useful, simple, and inexpensive tool, immunoassays (one of the most common types of urine drug screen) can give false-positive results. There have been reports of the several medications triggering a false-positive result for buprenorphine, including: High-dose morphine??Tramadol??Codeine??Solian (amisulpride)??Dogmatil (sulpiride)?? As with most positive results, testing to identify specific drugs, rather than classes of drugs, is needed to confirm a positive urine drug screen. To ensure clinicians can accurately interpret your drug screen results, always disclose any prescription or over-the-counter medications you are taking. Factors That Affect Detection Time There are a number of different variables that can influence how long it takes for your body to metabolize and eliminate buprenorphine. Some of the factors that can play a role in how long this substance remains in your system include age, liver function, and overall health. Age It is advised that caution should be used when prescribing buprenorphine medications to older adults due to decreased cardiac, hepatic, and renal functioning.?? The presence of other diseases and the use of other medications may also impact how fast buprenorphine is cleared from the body. Older adults may need to take this medication in smaller doses in order to avoid toxicity. Liver Function Because buprenorphine is metabolized and excreted primarily by the liver, hepatic impairment can influence how long it takes for the medication to be processed and cleared from your system. Studies found that the half-life of buprenorphine is longer for individuals with moderate to severe liver impairment.?? Overall Health Your overall health has an influence on how well your body processes and excretes different substances, including buprenorphine. If you are in good condition and have a faster metabolism, you may clear the substance at a somewhat higher rate. People with slower metabolisms, on the other hand, may take longer to eliminate the medication from their systems. Trying to estimate exactly how long buprenorphine is detectable in the body depends on many variables, including which type of formulation of the drug is used, whether it is in combination with other drugs, and individual metabolism. How to Get Buprenorphine Out of Your System While buprenorphine is not detected by standard screenings, it is possible that an employer may conduct a specific test designed to detect the substance. In such cases, it is important to know that you are within your rights to use the drug as long as you have a prescription. If you want to get this substance out of your system, the first step is to stop taking the medication. If you stop using buprenorphine suddenly, however, you may have withdrawal symptoms. Always consult your doctor before discontinuing your medication. If you want to speed up how quickly the drug is metabolized and eliminated from your system, make sure that you get regular exercise, follow a healthy diet, and drink plenty of water, which may help improve your bodys metabolic rate. Symptoms of Overdose Symptoms of a buprenorphine overdose can include: Pinpoint pupilsExtreme drowsinessDizzinessBlurred visionSlowed breathing If you suspect someone has overdosed on buprenorphine, call the poison control center at 1-800-222-1222. If the victim has collapsed or is not breathing, call 911. Risk of Drug Interactions There are many drug interactions with buprenorphine that can lead to severe and possibly fatal reactions. Do not drink alcohol or take any medications that include alcohol white taking buprenorphine. Do not take any street drugs. While you need to discuss all medications, supplements, vitamins, and over-the-counter drugs with your doctor, the following are generally of the biggest concern for harmful interaction with buprenorphine: benzodiazepines (such as Xanax, Librium, Klonopin, Valium, Diastat, Ativan, Restoril, Halcion, and others), muscle relaxants, sedatives, sleeping pills, tranquilizers, pain medications, and medications for mental illness and nausea. Getting Help While it is possible to become dependent upon buprenorphine, it is less addictive than opioids such as morphine and heroin. Managed use of the substance allows people to slowly taper off their dose as they go through treatment. Buprenorphine withdrawal symptoms are similar to those of opiate drugs but usually milder. Common symptoms can include nausea, headaches, flu-like symptoms, body aches, mood swings, and difficulty sleeping. The worst of these symptoms usually pass in the first three to five days, but milder symptoms may continue for a few weeks. If you are concerned about your buprenorphine use, talk to your doctor about other treatment options for opioid use disorder. Options may involve switching to another type of medication-assisted treatment or using psychological strategies such as cognitive-behavioral therapy (CBT) or contingency management (CM) to support your long-term recovery. If you need help finding treatment resources, contact the Substance Abuse and Mental Health Services Administration (SAMHSA) at 1-800-662-4357 or utilize their online treatment locator. Treatment Options for Opioid Addiction
Saturday, May 23, 2020
Practicing a Presentation - Advanced Business English
Mike: Anne, can I run the new presentation by you?Anne: Certainly, Id love to hear some of the new concepts. Mike: OK, here goes ... On behalf of myself and Sport Outfitters, Id like to welcome you. My names Mike Andersen. This morning, Id like to outline our new campaign concepts that have been recently developed.Anne: Excuse me, who was invited to this conference? Mike: Our sales representatives from our branch offices were asked to come. I think a number of upper-management representatives were also invited.Anne: Thats good. Our marketing approach is going to be completely revamped. Mike: And thats why we need everyone to be informed. So, Ill continue. Youll be given the background and Ill talk you through the results of some of our recent market studies.Anne: How many surveys were completed? Mike: I think about 100,000 were returned to the company. Our marketing team was very pleased with the response.Anne: OK, continue... Mike: The presentation has been divided into three parts. First, our past approach. Secondly, present changes that will be made. Thirdly, future forecasts ...Anne: That sounds good. Mike: If you have any questions, please dont hesitate to ask. At the end of this presentation, a short advertisement will be shown to give you an idea of where we are going.Anne: Good job Mike. I hope your graphics are being put together by Bob. Mike: Of course they are, you know hes the best! Multiple Choice Comprehension Questions 1. Why does Mike want to speak to Anne? to practice his presentationto get her opinion on the new campaignto show her some pictures 2. Besides sales representatives, who will be attending the conference? marketing staffsome representatives from upper managementmachine workers 3. What is going to be completely changed? the surveysthe product linethe marketing approach 4. How many surveys were completed and returned to the company? 10,000100,0001,000,000 5. Who are the graphics going to be done by? MikeBobAnne Answer Key Answers are inà bold. 1. Why does Mike want to speak to Anne? to practice his presentationto get her opinion on the new campaignto show her some pictures 2. Besides sales representatives, who will be attending the conference? marketing staffsome representatives from upper managementmachine workers 3. What is going to be completely changed? the surveysthe product linethe marketing approach 4. How many surveys were completed and returned to the company? 10,000100,0001,000,000 5. Who are the graphics going to be done by? MikeBobAnne More Business Resources Business English for ESL LearnersSample Business MeetingHow to Write a Business Report for Englishà Learners
Tuesday, May 12, 2020
Justice in The Republic by Plato Essay - 480 Words
Justice in The Republic by Plato In Platos The Republic, justice is depicted as a major part in a perfect society. Justice is said to breed a good society, whereas injustice will breed a bad one. Plato defines justice in dialogue as keeping what is properly ones own and doing ones own job. (Pg. 146) Under the rules set for this perfect society, people are to practice the one profession at which they perform best. This profession also corresponds to a certain social class. Under no circumstances can one change this profession. Along with a set occupation, Plato has also determined that the perfect community would regulate what children (and the community) are taught, and to what the children will be exposed. In Platosâ⬠¦show more contentâ⬠¦Suppose a person is exposed to certain injustices that others commit. Plato feels that this exposure will plant a sort of seed inside a persons head. Thus leading him or her to commit an injustice of the same kind, or simply increasing the chance that a person will commit a similar act. However, there is a huge hypocrisy (or disadvantage) within this theory. With Platos definition of justice, a person should keep what is his or her own. Some would say that persons history is also their own. People have a right to know their history, and the truths about their community. Plato wants to take away passages in stories, lines within songs, and make all characters in plays perfect. This, in itself, is an injustice to a community. The stories, folklores, and fables of a community are meant to teach. In American society, children learn not to tell lies from the Boy Who Cried Wolf. The character in the story was not perfect and committed a bad act; however, children learn from his mistake. In Platos perfect society, he takes away what the community rightfully owns. When adopting Platos suggested way of life, one must be prepared to sacrifice his or her past (neglecting his definition of justice). This crucial injustice is needed for the good of Platos suggested community. Similarly, in the book Ishmael, the author tells a story about post-war Germany. In this story is a scenario where the Nazis had won and wiped out all otherShow MoreRelatedWhat Is Justice? Plato s Republic1475 Words à |à 6 PagesWhat is justice? In Platoââ¬â¢s Republic, this question is asked between Socrates and other conversationalists. In the beginning of this work, many different definitions of justice are debated. However, to provide clarity, Socrates proposes that, instead of discussing what justice is, they should apply the term holistically and try to imagine justice in an ââ¬Å"ideal city.â⬠From this, the city of Kallipolis was created. Prior to Kallipolis being thought of, the idea of the first city, or the ââ¬Å"City of Pigsâ⬠Read MoreJustice And Injustice Of Plato s The Republic1502 Words à |à 7 PagesShort Essay: Justice and Injustice in Platoââ¬â¢s The Republic In Platoââ¬â¢s The Republic, Socrates expresses his belief that in order for a state and its people to be functioning at their best, every citizen ought to do what they have the most character for, or what they are most qualified to do. Whether it is craftsmanship, guarding the city, playing music, or healing the sick, Socrates thinks that everyone should make his or her living doing one thing that they are skilled at, and one thing only. InRead More Justice and Moderation of the Soul in The Republic, by Plato3036 Words à |à 13 PagesIn his philosophical text, The Republic, Plato argues that justice can only be realized by the moderation of the soul, which he claims reflects as the moderation of the city. He engages in a debate, via the persona of Socrates, with Ademantus and Gaucon on the benefit, or lack thereof, for the man who leads a just life. I shall argue that this analogy reflecting the governing of forces in the soul and in city serves as a sufficient device in provin g that justice is beneficial to those who believeRead MoreAnalysis Of Plato s Republic : The Definition Of Justice Essay986 Words à |à 4 Pages In Platoââ¬â¢s Republic, Socrates begins a debate on the definition of justice. It starts off as a simple discussion on what justice means to some people. Eventually the discussion moves on how justice comes about it in an ideal city. Socrates eventually comes to the idea that an ideal city must have four virtues. These virtues happen to be: courage, wisdom, moderation, and justice. However, the only two virtues that applies to the city as a whole is justice and moderation. Whereas, courage is associatedRead MoreJustice Is Justified By Plato s The Republic1689 Words à |à 7 Pagescenturies, people have been asking the question, what is justice? Although justice is not sincerely defined in Platoââ¬â¢s The Republic, both Socrates and Thrasymachus enter into a deep discussion over what justice truly is. After Socrates disproves Ceph alus and Polemarchus explanations of justice, Thrasymachus declares that justice is ââ¬Å"simply what is in the interest of the stronger partyâ⬠(338c). Furthermore, he debunks justice altogether, arguing that justice is the strong exploiting the weak and that the unjustRead MoreJustice, Power, And Human Nature By Thucydides And The Republic By Plato1142 Words à |à 5 Pagesworks, Antigone by Sophocles, On Justice, Power, and Human Nature by Thucydides, and The Republic by Plato, there have been different accounts of the definition and significance of justice. Each work is significant to western civilization because it is applicable to the same society after all these years. The importance of justice takes on different roles and can affect people in different ways. The ââ¬Å"bestâ⬠person in these works will be the one who portrays justice in the most valuable way to the currentRead MoreRepublic by Plato War in Relation to Justice, Injustice, and the Just City1036 Word s à |à 5 PagesRepublic by Plato War in Relation to Justice, Injustice, and the Just City Beginning in Book I Socrates states clearly that injustice causes war and justice causes the opposite, but by Book V he seems to have a completely different perspective on whether war is just or not. His mind apparently begins to change in Book II when he introduces the second class of people, namely the guardians, with the purpose of defending the city. Throughout Books II, IV and V Socrates discusses the topic of warRead MoreSummary Of Just Souls And Just Actions The Value Of Justice Plato s Republic2075 Words à |à 9 PagesDr. Eric Hutton June 11, 2015 Just Souls and Just Actions: The Value of Justice in Platoââ¬â¢s Republic In the Republic, Plato through the mouth of Socrates attempts to engage in a discussion with Platoââ¬â¢s two brother, Glaucon and Adeimantus, who challenge him to address the value of justice and, why it would always be more profitable to act justly rather than not. But before we have even made our way through half of the Republic, Glaucon seems to believe that they have successfully answered this questionRead MoreThe Ethical Egoist in Platos Republic Essay989 Words à |à 4 Pagesself-interest. Understandably, this belief poses a threat to social cooperation and, therefore, clearly introduces a significant political problem. I believe that the best example of ethical egoism is displayed in Book I of Platos The Republic. In this Book, Plato introduces the idea of ethical egoism, explains the political problem posed by it, and addresses the problem through the words of Socrates. I will use this paper to explain and clarify the arguments for and against the concept of ethicalR ead MoreVirtue Essays814 Words à |à 4 Pagesright. In The Republic, Plato divides the city into three classes: gold, silver, as well as bronze and iron souls. Each class is designated to posses a specific virtue. He believes that wisdom, courage, moderation, and justice combine together to form The Republic. However, Platoââ¬â¢s four virtues individually do not necessarily produce a utopian society. A combination of the four in each citizen is imperative in producing the ideal society. In Platoââ¬â¢s search for the perfect republic, he decides that
Wednesday, May 6, 2020
Customer Value Propositions in Business Markets Free Essays
Customer Value Propositions in Business Markets by JAMES C. ANDERSON, JAMES A. NARUS, AND WOUTER VAN ROSSUM Under pressure to keep costs down, customers may only look at price and not listen to your sales pitch. We will write a custom essay sample on Customer Value Propositions in Business Markets or any similar topic only for you Order Now Help them understand ââ¬â and believe in ââ¬â the superior value of your offerings. ââ¬Å"CUSTOMER VALUE PROPOSITIONâ⬠has become one of the most widely used terms in business markets in recent years. Yet our management-practice research reveals that there is no agreement as to what constitutes a customer value proposition ââ¬â or what makes one persuasive. Moreover, we ? d that most value propositions make claims of savings and bene? ts to the customer without backing them up. An offering may actually provide superior value ââ¬â but if the supplier doesnââ¬â¢t demonstrate and document that claim, a customer manager will likely dismiss it as marketing puffery. Customer managers, increasingly held accountable for reducing costs, donââ¬â¢t have the luxury of simply believing suppliersââ¬â¢ assertions. PETER HOEY march 2006 91 C u s t o m e r Va l u e P ro p o s i t i o n s i n B u s i n e s s M a r ke t s Take the case of a company that makes integrated circuits (ICs). It hoped to supply 5 million units to an electronic device manufacturer for its next-generation product. In the course of negotiations, the supplierââ¬â¢s salesperson learned that he was competing against a company whose price was 10 cents lower per unit. The customer asked each salesperson why his companyââ¬â¢s offering was superior. This salesperson based his value proposition on the service that he, personally, would provide. Unbeknownst to the salesperson, the customer had built a customer value model, which found that the companyââ¬â¢s offering, though 10 cents higher in price per IC, was actually worth 15. cents more. The electronics engineer who was leading the development project had recommended that the purchasing manager buy those ICs, even at the higher price. The service was, indeed, worth something in the modelââ¬âbut just 0. 2 cents! Unfortunately, the salesperson had overlooked the two elements of his companyââ¬â¢s IC offering that were most valuable to the customer, evidently unaware how much they were worth to that customer and, objectively, how superior they made his companyââ¬â¢s offering to that of the competitor. Not surprisingly, We conducted management-practice research over the past two years in Europe and the United States to understand what constitutes a customer value proposition and what makes one persuasive to customers. One striking discovery is that it is exceptionally dif? cult to ? nd examples of value propositions that resonate with customers. Here, drawing on the best practices of a handful of suppliers in business markets, we present a systematic approach for developing value propositions that are meaningful to target customers and that focus suppliersââ¬â¢ efforts on creating superior value. Three Kinds of Value Propositions We have classi? ed the ways that suppliers use the term ââ¬Å"value propositionâ⬠into three types: all bene? ts, favorable points of difference, and resonating focus. (See the exhibit ââ¬Å"Which Alternative Conveys Value to Customers? â⬠) All bene? ts. Our research indicates that most managers, when asked to construct a customer value proposition, simply list all the bene? ts they believe that their Customer managers, increasingly held accountable for reducing costs, donââ¬â¢t have the luxury of simply believing suppliersââ¬â¢ assertions. hen push came to shove, perhaps suspecting that his service was not worth the difference in price, the salesperson offered a 10-cent price concession to win the business ââ¬â consequently leaving at least a half million dollars on the table. Some managers view the customer value proposition as a form of spin their marketing departments develop for advertising and promotional copy. This shortsi ghted view neglects the very real contribution of value propositions to superior business performance. Properly constructed, they force companies to rigorously focus on what their offerings are really worth to their customers. Once companies become disciplined about understanding customers, they can make smarter choices about where to allocate scarce company resources in developing new offerings. offering might deliver to target customers. The more they can think of, the better. This approach requires the least knowledge about customers and competitors and, thus, the least amount of work to construct. However, its relative simplicity has a major potential drawback: bene? t assertion. Managers may claim advantages for features that actually provide no bene? to target customers. Such was the case with a company that sold highperformance gas chromatographs to RD laboratories in large companies, universities, and government agencies in the Benelux countries. One feature of a particular chromatograph allowed RD lab customers to maintain a high degree of sample integrity. Seeking growth, the company began to market the most basic model of this chromatograph to a new segment: commercial laboratories. In initial m eetings with prospective customers, the ? rmââ¬â¢s James C. Anderson is the William L. Ford Distinguished Professor of Marketing and Wholesale Distribution at Northwesternââ¬â¢s Kellogg School of Management in Evanston, Illinois; the Irwin Gross Distinguished ISBM Research Fellow at the Institute for the Study of Business Markets in University Park, Pennsylvania; and a visiting research professor at the School of Business, Public Administration, and Technology at the University of Twente, the Netherlands. James A. Narus is a professor of business marketing at the Babcock Graduate School of Management at Wake Forest University in Charlotte, North Carolina. Wouter van Rossum is a professor of commercial and strategic management at the School of Business, Public Administration, and Technology at the University of Twente. 92 harvard business review C u s t o m e r Va l u e P ro p o s i t i o n s i n B u s i n e s s M a r ke t s Which Alternative Conveys Value to Customers? Suppliers use the term ââ¬Å"value propositionâ⬠three different ways. Most managers simply list all the bene? ts they believe that their offering might deliver to target customers. The more they can think of, the better. Some managers do recognize that the customer has an alternative, but they often make the mistake of assuming that favorable points of difference must be valuable for the customer. Best-practice suppliers base their value proposition on the few elements that matter most to target customers, demonstrate the value of this superior performance, and communicate it in a way that conveys a sophisticated understanding of the customerââ¬â¢s business priorities. VALUE PROPOSITION: ALL BENEFITS FAVORABLE POINTS OF DIFFERENCE All favorable points of difference a market offering has relative to the next best alternative RESONATING FOCUS Consists of: All bene? ts customers receive from a market offering The one or two points of difference (and, perhaps, a point of parity) whose improvement will deliver the greatest value to the customer for the foreseeable future Answers the customer question: ââ¬Å"Why should our ? rm purchase your offering? â⬠ââ¬Å"Why should our ? rm purchase your offering instead of your competitorââ¬â¢s? â⬠ââ¬Å"What is most worthwhile for our ? rm to keep in mind about your offering? â⬠Requires: Knowledge of own market offering Knowledge of own market offering and next best alternative Knowledge of how own market offering delivers superior value to customers, compared with next best alternative Has the potential pitfall: Bene? t assertion Value presumption Requires customer value research salespeople touted the bene? ts of maintaining sample integrity. Their prospects scoffed at this bene? t assertion, stating that they routinely tested soil and water samples, for which maintaining sample integrity was not a concern. The supplier was taken aback and forced to rethink its value proposition. Another pitfall of the all bene? ts value proposition is that many, even most, of the bene? s may be points of parity with those of the next best alternative, diluting the effect of the few genuine points of difference. Managers need to clearly identify in their customer value propositions which elements are points of parity and which are points of difference. (See the exhibit ââ¬Å"The Building Blocks of a Successful Customer Value Proposition. â⬠) For example, an internat ional engineering consultancy was march 2006 bidding for a light-rail project. The last chart of the companyââ¬â¢s presentation listed ten reasons why the municipality should award the roject to the ? rm. But the chart had little persuasive power because the other two ? nalists could make most of the same claims. Put yourself, for a moment, in the place of the prospective client. Suppose each ? rm, at the end of its presentation, gives ten reasons why you ought to award it the project, and the lists from all the ? rms are almost the same. If each ? rm is saying essentially the same thing, how do you make a choice? You ask each of the ? rms to give a ? nal, best price, and then you award the project to the ? rm that gives the largest price concession. Any distinctions that do exist have been overshadowed by the ? rmsââ¬â¢ greater sameness. 93 C u s t o m e r Va l u e P ro p o s i t i o n s i n B u s i n e s s M a r ke t s Favorable points of difference. The second type of value proposition explicitly recognizes that the customer has an alternative. The recent experience of a leading industrial gas supplier illustrates this perspective. A customer sent the company a request for proposal stating that the two or three suppliers that could demonstrate the most persuasive value propositions would be invited to visit the customer to discuss and re? e their proposals. After this meeting, the customer would select a sole supplier for this business. As this example shows, ââ¬Å"Why should our ? rm purchase your offering instead of your competitorââ¬â¢s? â⬠is a more pertinent question than ââ¬Å"Why should our ? rm purchase your offering? â⬠The ? rst question focuses suppliers on differentiating their offerings from the next best alternative, a process that requires detailed knowledge of that alternative, whether it be buying a competitorââ¬â¢s offering or solving the customerââ¬â¢s problem in a different way. Knowing that an element of an offering is a point of difference relative to the next best alternative does not, however, convey the value of this difference to target customers. Furthermore, a product or service may have several points of difference, complicating the supplierââ¬â¢s understanding of which ones deliver the greatest value. Without a detailed understanding of the customerââ¬â¢s requirements and preferences, and what it is worth to ful? ll them, suppliers may stress points of difference that deliver relatively little value to the target customer. Each of these can lead to the pitfall of value presumption: assuming that favorable points f difference must be valuable for the customer. Our opening anecdote about the IC supplier that unnecessarily discounted its price exempli? es this pitfall. Resonating focus. Although the favorable points of difference value proposition is preferable to an all bene? ts proposition for companies crafting a consumer value proposition, t he resonating focus value proposition should be the gold standard. This approach acknowledges that the managers who make purchase decisions have major, ever-increasing levels of responsibility and often are pressed for time. They want to do business with suppliers that fully grasp critical issues in their business and deliver a customer value proposition thatââ¬â¢s simple yet powerfully captivating. Suppliers can provide such a customer value proposition by making their offerings superior on the few elements that matter most to target customers, demonstrating and documenting the value of this superior performance, and communicating it in a way that conveys a sophisticated understanding of the customerââ¬â¢s business priorities. This type of proposition differs from favorable points of difference in two signi? cant respects. First, more is not better. Although a supplierââ¬â¢s offering may possess several favorable points of difference, the resonating focus proposition steadfastly concentrates on the one or two points 94 of difference that deliver, and whose improvement will continue to deliver, the greatest value to target customers. To better leverage limited resources, a supplier might even cede to the next best alternative the favorable points of difference that customers value least, so that the supplier can concentrate its resources on improving the one or two points of difference customers value most. Second, the resonating focus proposition may contain a point of parity. This occurs either when the point of parity is required for target customers even to consider the supplierââ¬â¢s offering or when a supplier wants to counter customersââ¬â¢ mistaken perceptions that a particular value element is a point of difference in favor of a competitorââ¬â¢s offering. This latter case arises when customers believe that the competitorââ¬â¢s offering is superior but the supplier believes its offerings are comparableââ¬âcustomer value research provides empirical support for the supplierââ¬â¢s assertion. To give practical meaning to resonating focus, consider the following example. Sonoco, a global packaging supplier headquartered in Hartsville, South Carolina, approached a large European customer, a maker of consumer packaged goods, about redesigning the packaging The Building Blocks of a Successful Customer Value Proposition A supplierââ¬â¢s offering may have many technical, economic, service, or social bene? ts that deliver value to customers ââ¬â but in all probability, so do competitorsââ¬â¢ offerings. Thus, the essential question is, ââ¬Å"How do these value elements compare with those of the next best alternative? Weââ¬â¢ve found that itââ¬â¢s useful to sort value elements into three types. Points of parity are elements with essentially the same performance or functionality as those of the next best alternative. Points of difference are elements that make the supplierââ¬â¢s offering either superior or inferior to the next best alternative. Points of content ion are elements about which the supplier and its customers disagree regarding how their performance or functionality compares with those of the next best alternative. Either the supplier regards a value element as a point of difference in its favor, while the customer regards that element as a point of parity with the next best alternative, or the supplier regards a value element as a point of parity, while the customer regards it as a point of difference in favor of the next best alternative. harvard business review C u s t o m e r Va l u e P ro p o s i t i o n s i n B u s i n e s s M a r ke t s for one of its product lines. Sonoco believed that the customer would pro? from updated packaging, and, by proposing the initiative itself, Sonoco reinforced its reputation as an innovator. Although the redesigned packaging provided six favorable points of difference relative to the next best alternative, Sonoco chose to emphasize one point of parity and two points of difference in what it called its distinctive value proposition (DVP). The value proposition was that the redesigned packaging would deliver signi? cantly greater manufacturing ef? ciency in the customerââ¬â¢s ? l lines, through higher-speed closing, and provide a distinctive look that consumers would ? nd more appealing ââ¬â all for the same price as the present packaging. Sonoco chose to include a point of parity in its value proposition because, in this case, the customer would not even consider a packaging redesign if the price went up. The ? rst point of difference in the value proposition (increased ef? ciency) delivered cost savings to the customer, allowing it to move from a seven-day, three-shift production schedule during peak times to a ? e-day, two-shift operation. The second point of difference delivered an advantage at the consumer level, helping the customer to grow its revenues and pro? ts incrementally. In persuading the customer to change to the redesigned packaging, Sonoco did not neglect to mention the other favorable points of difference. Rather, it chose to place much greater emphasis on the two points of difference and the one point of pari ty that mattered most to the customer, thereby delivering a value proposition with resonating focus. Stressing as a point of parity what customers may mistakenly presume to be a point of difference favoring a competitorââ¬â¢s offering can be one of the most important parts of constructing an effective value proposition. Take the case of Intergraph, an Alabama-based provider of engineering software to engineering, procurement, and construction ? rms. One software product that Intergraph offers, SmartPlant PID, enables customers to de? ne ? ow processes for valves, pumps, and piping within plants they are designing and generate piping and instrumentation diagrams (PID). Some prospective customers wrongly presume that SmartPlantââ¬â¢s drafting performance would not be as good as that of the next best alternative, because the alternative is built on computer-aided design (CAD), a better-known drafting tool than the relational database platform on which SmartPlant is built. So Intergraph tackled the perception head on, gathering data from reference customers to substantiate that this point of contention was actually a point of parity. march 2006 Hereââ¬â¢s how the company played it. Intergraphââ¬â¢s resonating focus value proposition for this software consisted of one point of parity (which the customer initially thought was a point of contention), followed by three points of difference: Point of parity: Using this software, customers can create PID graphics (either drawings or reports) as fast, if not faster, as they can using CAD, the next best alternative. Point of difference: This software checks all of the customerââ¬â¢s upstream and downstream data related to plant assets and procedures, using universally accepted engineering practices, company-speci? c rules, and project- or process-speci? rules at each stage of the design process, so that the customer avoids costly mistakes such as missing design change interdependencies or, worse, ordering the wrong equipment. Point of difference: This software is integrated with upstream and downstream tasks, such as process simulation and instrumentation design, thus requiring no reentry of data (and reducing th e margin for error). Point of difference: With this software, the customer is able to link remote of? ces to execute the project and then merge the pieces into a single deliverable database to hand to its customer, the facility owner. Resonating focus value propositions are very effective, but theyââ¬â¢re not easy to craft: Suppliers must undertake 95 C u s t o m e r Va l u e P ro p o s i t i o n s i n B u s i n e s s M a r ke t s customer value research to gain the insights to construct them. Despite all of the talk about customer value, few suppliers have actually done customer value research, which requires time, effort, persistence, and some creativity. But as the best practices we studied highlight, thinking through a resonating focus value proposition disciplines a company to research its customersââ¬â¢ businesses enough to help solve their problems. As the experience of a leading resins supplier amply illustrates, doing customer value research pays off. (See the sidebar ââ¬Å"Case in Point: Transforming a Weak Value Proposition. â⬠) savings from reduced power usage that a customer would gain by using a Rockwell Automation motor solution instead of a competitorââ¬â¢s comparable offering: Power Reduction = [kW spent number of operating hours per Cost Savings year $ per kW hour number of years system solution in operation] Competitor Solution ? [kW spent number of operating hours per year $ per kW hour number of years system solution in operation] Rockwell Automation Solution Substantiate Customer Value Propositions In a series of business roundtable discussions we conducted in Europe and the United States, customer managers reported that ââ¬Å"We can save you money! â⬠has become almost a generic value proposition from prospective suppliers. But, as one participant in Rotterdam wryly observed, most of the suppliers were telling ââ¬Å"fairy tales. â⬠After he heard a pitch from a prospective supplier, he would follow up with a series of questions to determine whether the supplier had the people, processes, tools, and experience to actually save his ? m money. As often as not, they could not really back up the claims. Simply put, to make customer value propositions persuasive, suppliers must be able to demonstrate and document them. Value word equations enable a supplier to show points of difference and points of contention relative to the next best alternative, so that customer managers can easily grasp them and ? nd them persuasive. A value w ord This value word equation uses industry-speci? c terminology that suppliers and customers in business markets rely on to communicate precisely and ef? iently about functionality and performance. Demonstrate Customer Value in Advance Prospective customers must see convincingly the cost savings or added value they can expect from using the supplierââ¬â¢s offering instead of the next best alternative. Best-practice suppliers, such as Rockwell Automation and precision-engineering and manufacturing ? rm Nijdra Groep in the Netherlands, use value case histories to demonstrate this. Value case histories document the cost savings or added value that reference customers have actually received from their use of the supplierââ¬â¢s market offering. Another way that best-practice ? rms, such as Pennsylvania-based GE Infrastructure Water Process Technologies (GEIWPT) and SKF USA, show the value of their offerings to prospective customers in advance is Some best-practice suppliers are even willing to guarantee a certain amount of savings before a customer signs on. equation expresses in words and simple mathematical operators (for example, + and ? ) how to assess the differences in functionality or performance between a supplierââ¬â¢s offering and the next best alternative and how to convert those differences into dollars. Best-practice ? rms like Intergraph and, in Milwaukee, Rockwell Automation use value word equations to make it clear to customers how their offerings will lower costs or add value relative to the next best alternatives. The data needed to provide the value estimates are most often collected from the customerââ¬â¢s business operations by supplier and customer managers working together, but, at times, data may come from outside sources, such as industry association studies. Consider a value word equation that Rockwell Automation used to calculate the cost 96 through value calculators. These customer value assessment tools typically are spreadsheet software applications that salespeople or value specialists use on laptops as part of a consultative selling approach to demonstrate the value that customers likely would receive from the suppliersââ¬â¢ offerings. When necessary, best-practice suppliers go to extraordinary lengths to demonstrate the value of their offerings relative to the next best alternatives. The polymer chemicals unit of Akzo Nobel in Chicago recently conducted an on-site two-week pilot on a production reactor at a prospective customerââ¬â¢s facility to gather data ? rsthand on the performance of its high-purity metal organics offering relative to the next best alternative in producing compound semiconductor wafers. Akzo Nobel paid this harvard business review C u s t o m e r Va l u e P ro p o s i t i o n s i n B u s i n e s s M a r ke t s prospective customer for these two weeks, in which each day was a trial because of daily considerations such as output and maintenance. Akzo Nobel now has data from an actual production machine to substantiate assertions about its product and anticipated cost savings, and evidence that the compound semiconductor wafers produced are as good as or better than those the customer currently grows using the next best alternative. To let its prospective clientsââ¬â¢ customers verify this for themselves, Akzo Nobel brought them sample wafers it had produced for testing. Akzo Nobel combines this point of parity with two points of difference: signi? cantly lower energy costs for conversion and signi? antly lower maintenance costs. Document Customer Value Demonstrating superior value is necessary, but this is no longer enough for a ? rm to be considered a best-practice company. Suppliers also must document the cost savings and incremental pro? ts (from additional revenue gener- ated) their offerings deliver to the companies that have purchased them. Thus, suppliers work with their customers to de? ne how cost savings or incr emental pro? ts will be tracked and then, after a suitable period of time, work with customer managers to document the results. They use value documenters to further re? ne their customer value models, create value case histories, enable customer managers to get credit for the cost savings and incremental pro? ts produced, and (because customer managers know that the supplier is willing to return later to document the value received) enhance the credibility of the offeringââ¬â¢s value. A pioneer in substantiating value propositions over the past decade, GEIWPT documents the results provided to customers through its value generation planning (VGP) process and tools, which enable its ? ld personnel to understand customersââ¬â¢ businesses and to plan, execute, and document projects that have the highest value impact for its customers. An online tracking tool allows GEIWPT and customer managers to easily monitor the Case in Point: Transforming a Weak Value Proposition A leading supplier of specialty resins used in architectural coatings ââ¬â such as paint for buildings ââ¬â recognized that its custo mers were coming under pressure to comply with increasingly strict environmental regulations. At the same time, the supplier reasoned, no coating manufacturer would want to sacri? e performance. So the resins supplier developed a new type of highperformance resins that would enable its customers to comply with stricter environmental standards ââ¬â albeit at a higher price but with no reduction in performance. In its initial discussions with customers who were using the product on a trial basis, the resins supplier was surprised by the tepid reaction it received, particularly from commercial managers. They were not enthusiastic about the sales prospects for higher-priced coatings with commercial painting contractors, the primary target market. They would not, they said, move to the new resin until regulation mandated it. Taken aback, the resins supplier decided to conduct customer value research to better understand the requirements and preferences of its customersââ¬â¢ customers and how the performance of the new resin would affect their total cost of doing business. The resins supplier went so far as to study the requirements and preferences of the commercial painting contractorsââ¬â¢ customers ââ¬â building owners. The supplier conducted a series of focus groups and ? eld tests with painting contractors to gather data. The performance on primary customer requirements ââ¬â such as coverage, dry time, and durability ââ¬â was studied, and customers were asked to make performance trade-offs and indicate their willingness to pay for coatings that delivered enhanced performance. The resins supplier also joined a commercial painting contractor industry association, enrolled managers in courses on how contractors are taught to estimate jobs, and trained the staff to work with the job-estimation software used by painting contractors. Several insights emerged from this customer value research. Most notable was the realization that only 15% of a painting contractorââ¬â¢s costs are the coatings; labor is by far the largest cost component. If a coating could provide greater productivity ââ¬â for example, a faster drying time that allowed two coats to be applied during a single eight-hour shift ââ¬â contractors would likely accept a higher price. The resins supplier retooled its value proposition from a single dimension, environmental regulation compliance, to a resonating focus value proposition where environmental compliance played a signi? cant but minor part. The new value proposition was ââ¬Å"The new resin enables coatings producers to make architectural coatings with higher ? lm build and gives the painting contractors the ability to put on two coats within a single shift, thus increasing painter productivity while also being environmentally compliant. â⬠Coatings customers enthusiastically accepted this value proposition, and the resins supplier was able to get a 40% price premium for its new offering over the traditional resin product. march 2006 97 C u s t o m e r Va l u e P ro p o s i t i o n s i n B u s i n e s s M a r ke t s xecution and documented results of each project the company undertakes. Since it began using VGP in 1992, GEIWPT has documented more than 1,000 case histories, accounting for $1. 3 billion in customer cost savings, 24 billion gallons of water conserved, 5. 5 million tons of waste eliminated, and 4. 8 million tons of air emissions removed. As suppliers gain experience documenting the value provided to cu stomers, they become knowledgeable about how their offerings deliver superior value to customers and even how the value delivered varies across ation can submit NPI requests whenever they have an inventive idea for a customer solution that they believe would have a large value impact but that GEIWPT presently does not offer. Industry marketing managers, who have extensive industry expertise, then perform scoping studies to understand the potential of the proposed products to deliver signi? cant value to segment customers. They create business cases for the proposed product, which are ââ¬Å"racked and stackedâ⬠for review. The senior management team of GEIWPT sort through a Best-practice suppliers make sure their people know how to identify what the next value propositions ought to be. kinds of customers. Because of this extensive and detailed knowledge, they become con? dent in predicting the cost savings and added value that prospective customers likely will receive. Some best-practice suppliers are even willing to guarantee a certain amount of savings before a customer signs on. A global automotive engine manufacturer turned to Quaker Chemical, a Pennsylvania-based specialty chemical and management services ? m, for help in signi? cantly reducing its operating costs. Quakerââ¬â¢s team of chemical, mechanical, and environmental engineers, which has been meticulously documenting cost savings to customers for years, identi? ed potential savings for this customer through process and productivity improvements. Then Quaker implemented its proposed solution ââ¬â with a guarantee that savings would be ? ve times more than what the engine manufacturer spent annually just to purchase coolant. In real numbers, that meant savings of $1. 4 million a year. What customer wouldnââ¬â¢t ? nd such a guarantee persuasive? large number of potential initiatives competing for limited resources. The team approved Panichellaââ¬â¢s initiative, which led to the development of a new offering that provided re? nery customers with documented cost savings amounting to ? ve to ten times the price they paid for the offering, thus realizing a compelling value proposition. Sonoco, at the corporate level, has made customer value propositions fundamental to its business strategy. Since 2003, its CEO, Harris DeLoach, Jr. and the executive committee have set an ambitious growth goal for the ? rm: sustainable, double-digit, pro? table growth every year. They believe that distinctive value propositions are crucial to support the growth initiative. At Sonoco, each value proposition must be: â⬠¢ Distinctive. It must be superior to those of Sonocoââ¬â¢s competition. â⬠¢ Measurable. All value propositions should be based on tangible points of differ ence that can be quanti? ed in monetary terms. â⬠¢ Sustainable. Sonoco must be able to execute this value proposition for a signi? ant period of time. Unit managers know how critical DVPs are to business unit performance because they are one of the ten key metrics on the managersââ¬â¢ performance scorecard. In senior management reviews, each unit manager presents proposed value propositions for each target market segment or key customer, or both. The managers then receive summary feedback on the value proposition metric (as well as on each of the nine other performance metrics) in terms of whether their proposals can lead to pro? table growth. In addition, Sonoco senior management tracks the relationship between business unit value propositions and business unit performance ââ¬â and, year after year, has concluded that the emphasis on DVPs has made a signi? cant contribution toward sustainable, double-digit, profitable growth. harvard business review Superior Business Performance We contend that customer value propositions, properly constructed and delivered, make a signi? cant contribution to business strategy and performance. GE Infrastructure Water Process Technologiesââ¬â¢ recent development of a new service offering to re? ery customers illustrates how general manager John Panichella allocates limited resources to initiatives that will generate the greatest incremental value for his company and its customers. For example, a few years ago, a ? eld rep had a creative idea for a new product, based on his comprehensive understanding of re? nery processes and how re? neries make money. The ? eld rep submitted a new product introduction (NPI) request to the hydrocarbon industry marketing manager for further study. Field reps or anyone else in the organi98 C u s t o m e r Va l u e P ro p o s i t i o n s i n B u s i n e s s M a r ke t s Best-practice suppliers recognize that constructing and substantiating resonating focus value propositions is not a onetime undertaking, so they make sure their people know how to identify what the next value propositions ought to be. Quaker Chemical, for example, conducts a value-proposition training program each year for its chemical program managers, who work on-site with customers and have responsibility for formulating and executing customer value propositions. These managers ? rst review case studies from a variety of industries Quaker serves, where their peers have executed savings projects and quanti? d the monetary savings produced. Competing in teams, the managers then participate in a simulation where they interview ââ¬Å"customer managersâ⬠to gather information needed to devise a proposal for a customer value proposition. The team that is judged to have the best proposal earns ââ¬Å"bragging rights,â⬠which are highly valued in Quakerââ¬â¢s competitive cul ture. The training program, Quaker believes, helps sharpen the skills of chemical program managers to identify savings projects when they return to the customers they are serving. As the ? al part of the training program, Quaker stages an annual real-world contest where the chemical program managers have 90 days to submit a proposal for a savings project that they plan to present to their customers. The director of chemical management judges these proposals and provides feedback. If he deems a proposed project to be viable, he awards the manager with a gift certi? cate. Implementing these projects goes toward ful? lling Quakerââ¬â¢s guaranteed annual savings commitments of, on average, $5 million to $6 million a year per customer. Each of these businesses has made customer value propositions a fundamental part of its business strategy. Drawing on best practices, we have presented an approach to customer value propositions that businesses can implement to communicate, with resonating focus, the superior value their offerings provide to target market segments and customers. Customer value propositions can be a guiding beacon as well as the cornerstone for superior business performance. Thus, it is the responsibility of senior management and general management, not just marketing management, to ensure that their customer value propositions are just that. Reprint R0603F; HBR OnPoint 3544 To order, see page 151. P VEY . C. ââ¬Å"What we need are some fresh new ideas. You know, like we had last year. â⬠march 2006 99 Harvard Business Review Notice of Use Restrictions, May 2009 Harvard Business Review and Harvard Business Publishing Newsletter content on EBSCOhost is licensed for the private individual use of authorized EBSCOhost users. It is not intended for use as assigned course material in academic institutions nor as corporate learning or training materials in businesses. Academic licensees may not use this content in electronic reserves, electronic course packs, persistent linking from syllabi or by any other means of incorporating the content into course resources. Business licensees may not host this content on learning management systems or use persistent linking or other means to incorporate the content into learning management systems. Harvard Business Publishing will be pleased to grant permission to make this content available through such means. For rates and permission, contact permissions@harvardbusiness. org. How to cite Customer Value Propositions in Business Markets, Papers
Friday, May 1, 2020
The Presocratic and Sophist Philosophers
Question: Define the question for the Presocratics or Sophists, then explain how you view these questions in your own life? Answer: It is the fact that new way of enquiring world and places having human beings in it had introduced by the presocratic philosophers. Here the discovery of humanity gets started. They pondered some questions one of them is, what is the role of myth in prehistoric culture? The presocratic philosophers consider myth as philosophy cradle (Runia, 2008). It is my opinion that, the world prehistoric people living in it could not be understand by themselves or another case is they may be confusing about the things they are observing or had mysterious ideas about it and hence myth has been used by them as a way of explaining natural phenomena. Hence it is my conclusion that Important role has been played by myth in order to explain unknown things like world creation, how season passes and constellation shape. Sophists ideas about ethics? And it is another question pondered at the time of discovering humanities by philosopher. Sophists explain their ideas about ethics which was disliked by other philosophers. But according to my point of view I do not mind their ethical ideas because every human being has their own right to live as they want and if it would not hurting me or any other then they should follow their own ethics. Reference: Sayre, Henry M. (2011) Discovering the Humanities, 2nd Edition. Pearson Learning Solutions
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