Market orientation in a non-profit organisation. (2016)

• Record Type: Journal Article
• Authors: Hyder, Akmal S.
• Is Part Of: World review of entrepreneurship, management and sustainable development. Volume 12:Number 4(2016)
• Page Start: 414
• Page End: 432
• Publication Date: 2016
• Subjects: ideology -- trust -- organisational networking -- members -- product-led value -- customer-led value -- market-led value -- market orientation -- non-profit organisations -- value creation -- interest-free banks -- banking industry -- customer value -- bank customers; Sustainable development -- Periodicals; Entrepreneurship -- Periodicals; 338.04
• Languages: English
• ISSNs: 1746-0573

Abstract

This paper investigates how a non-profit, interest-free bank applies market orientation to provide superior value to customers. A theoretical framework integrating market orientation, trust, organisational networking and superior customer value has been developed. A qualitative method was used for data collection and analysis. E-mails, printed booklets, bank newsletters, member surveys and other studies on the bank provided additional information. This research offers an understanding of how networking and trust are developed to ensure effective market orientation for value creation. As a theoretical contribution, three value categories, i.e. product-led, customer-led and market-led, were identified in the non-profit organisational context.