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Author:Sawhney, M.
Zabin, J.
Title:Managing and Measuring Relational Equity in the Network Economy
Journal:Journal of the Academy of Marketing Science
2002 : FALL, VOL. 30:4, p. 313-332
Index terms:NETWORKS
ECONOMIC CONDITIONS
MANAGEMENT
MARKETING
Language:eng
Abstract:The Internet is emerging as a powerful connecting force, allowing firms to serve customers, collaborate with partners and suppliers, and empower employees more effectively than ever before. In the network economy, relationships with key stakeholders are becoming valuable assets of the firm, but few firms manage relationships effectively. The authors propose that firms need to take a more holistic approach to understanding where their relational equity resides and how it should be managed and measured. They also propose that relational equity is not limited to relationships with customers but also includes relationships with partners, suppliers, and employees. Effective management of relational equity requires firms to think in an integrative manner along several dimensions.
SCIMA record nr: 245793
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