The first thing most marketers
are taught when they join a
company as trainees is the `customer is supreme' doctrine.
"Do whatever you want, but never displease your customer" was what
the Managing Director of my first company advised all the
management trainees, during the first interactive meeting we had with him. While
this had happened more than 30 years ago, I am sure even now the
subject most harped upon in a majority of corporate training rooms is the
importance of being customer-centric.
Having been a hardcore marketer myself for the best part of my
career, and having chosen academics to play my second innings, prima facie I have no issue with "everything
revolves around the customer" philosophy. However, having observed
corporate affairs from close quarters (or should I say the box seat?), and
finally with some gray hair (I am glad I am left with some), I
sometimes wonder whether companies overdo this `anything for the customer' act.
I know this statement might have already made some eyebrows raise
by now. But one should be gracious enough to see both sides of the
coin. After all, divergence is not a taboo anymore in progressive thinking
organizations. Hence, this article!
Madhya Bharat Tubes (MBT) was engaged in the manufacture of
precision steel tubes. During the 1980s, there were only four or five
major manufacturers of steel tubes in the country. MBT was number two
in terms of volume and had been making profits ever since it started its
operations in a small town in Madhya Pradesh during the mid 1970s. |