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감성적 경험기반 가치창조 프레임워크An Emotional Experience-driven Value Creation Framework

Other Titles
An Emotional Experience-driven Value Creation Framework
Authors
박광호안윤지
Issue Date
Dec-2016
Publisher
한국경영공학회
Keywords
Emotional Experience; Value Creation; Value-Based Competition; Framework
Citation
한국경영공학회지, v.21, no.4, pp 115 - 137
Pages
23
Indexed
KCI
Journal Title
한국경영공학회지
Volume
21
Number
4
Start Page
115
End Page
137
URI
https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/15011
ISSN
2005-7776
Abstract
The Korean economy recently suffers from the prolonged decline of exports. One of the fundamental causes is due to failure of adjusting to the shifting strategy paradigm in global markets, thereby missing a golden opportunity. It has been argued that selling value is more important than selling simply products or services. With the fourth industrial revolution currently underway, such value concept is also expanding to include connected services enabled by information technology. The emphasis is now on the customer experience of the product, or the service that companies provide. However, designing customer experience is a complicated, subtle, and thus difficult problem. This is due to the emotional aspects of customer experience called emotional experience (EX). Nonetheless, the value created by EX is more critical in business success as artificial intelligence (AI) becomes more widely applied. EX will open new opportunities in humanizing technology, providing products and services with an emotional resonance which AI cannot replace. In order to survive and lead the global markets, Korean companies must transform their strategies to include the creation of EX-driven values; to predict, design, evaluate, and adapt EX in a closed-loop value creation cycle. This paper suggests an EX-based value creation framework for Korean companies in order to lead the value-based competition caused by the fourth industrial revolution. A case study is provided to help understand and employ this framework.
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