“The Dynamic Nature of CRM and its Implications in Marketing Management”, Research Paper. Presented in National Conference on “Marketing: Yesterday-Today-Tomorrow” held at Asia Pacific Institute of Management, New Delhi, India, on 13 – 14 January, 2011 Authors: Hardeep Singh and Bikram Pal Singh
1. A Comcast customer service representative harassed a customer for 18 minutes while trying to prevent him from canceling his service, and the interaction was recorded and posted on Twitter.
2. Zappos has a mission of serving customers through helpful customer service representatives, in contrast to Comcast's representative who antagonized the customer.
3. Comcast should seek out high-quality training in communication, leadership, and customer service to shift their culture to one with a focus on deep customer service and empathy.
World Class Service: Creating a Positive Customer ExperienceRasmussen College
The document discusses barriers to delivering world class customer service such as lack of consistency, training, and accountability. It emphasizes that excellent customer service must become the norm and part of a company's DNA. Some examples of companies with strong customer service cultures include those with concierge-level service, unique experiences, transparency, empowered employees, and good relationships. The document provides tips for customer service skills training and discusses the importance of understanding customer feedback.
The document discusses how to create a sales culture in a professional services firm using CRM tools. It recommends identifying steps to build a sales culture, utilizing CRM tools to accomplish this, and applying tactics tailored to each company. Specific tactics include understanding target audiences, providing training and support, celebrating successes, and collecting feedback to customize CRM implementation over time. The overall goal is to change partners' behaviors and focus more on sales and business development through an effective CRM system.
This letter is a recommendation for Tony Hendrix for employment. It states that Tony was a great employee at Automation Control Products, always punctual and with a positive attitude. The letter describes Tony as a self-starter who needs little supervision but also works well on team projects. The writer is confident Tony will bring positive results to any organization using his marketing skills and knowledge.
CRM involves developing and maintaining long-term, mutually beneficial relationships with strategically important customers. It is based on trust and value and aims to deliver superior customer value over time. Relationships develop through different stages from initial interactions to long-term partnerships. Salespeople play a key role in building and promoting relationships by understanding customer needs and adding value at each stage of development. The goal of CRM is turning prospects into loyal, profitable customers through effective relationship management.
This document outlines 7 pillars of customer service: 1) Develop a customer service mission statement, 2) Ensure customer service has the proper attitude and action, 3) Provide base training for employees, 4) Coach employees, 5) Send creative thank you's, 6) Perform functional walkthroughs, and 7) Engage with customers. It emphasizes the importance of going above and beyond for customers to build loyalty and advocates training employees to learn more about each customer. Real-world examples are provided to illustrate how following these pillars can significantly increase sales and improve customer relationships.
“The Dynamic Nature of CRM and its Implications in Marketing Management”, Research Paper. Presented in National Conference on “Marketing: Yesterday-Today-Tomorrow” held at Asia Pacific Institute of Management, New Delhi, India, on 13 – 14 January, 2011 Authors: Hardeep Singh and Bikram Pal Singh
1. A Comcast customer service representative harassed a customer for 18 minutes while trying to prevent him from canceling his service, and the interaction was recorded and posted on Twitter.
2. Zappos has a mission of serving customers through helpful customer service representatives, in contrast to Comcast's representative who antagonized the customer.
3. Comcast should seek out high-quality training in communication, leadership, and customer service to shift their culture to one with a focus on deep customer service and empathy.
World Class Service: Creating a Positive Customer ExperienceRasmussen College
The document discusses barriers to delivering world class customer service such as lack of consistency, training, and accountability. It emphasizes that excellent customer service must become the norm and part of a company's DNA. Some examples of companies with strong customer service cultures include those with concierge-level service, unique experiences, transparency, empowered employees, and good relationships. The document provides tips for customer service skills training and discusses the importance of understanding customer feedback.
The document discusses how to create a sales culture in a professional services firm using CRM tools. It recommends identifying steps to build a sales culture, utilizing CRM tools to accomplish this, and applying tactics tailored to each company. Specific tactics include understanding target audiences, providing training and support, celebrating successes, and collecting feedback to customize CRM implementation over time. The overall goal is to change partners' behaviors and focus more on sales and business development through an effective CRM system.
This letter is a recommendation for Tony Hendrix for employment. It states that Tony was a great employee at Automation Control Products, always punctual and with a positive attitude. The letter describes Tony as a self-starter who needs little supervision but also works well on team projects. The writer is confident Tony will bring positive results to any organization using his marketing skills and knowledge.
CRM involves developing and maintaining long-term, mutually beneficial relationships with strategically important customers. It is based on trust and value and aims to deliver superior customer value over time. Relationships develop through different stages from initial interactions to long-term partnerships. Salespeople play a key role in building and promoting relationships by understanding customer needs and adding value at each stage of development. The goal of CRM is turning prospects into loyal, profitable customers through effective relationship management.
This document outlines 7 pillars of customer service: 1) Develop a customer service mission statement, 2) Ensure customer service has the proper attitude and action, 3) Provide base training for employees, 4) Coach employees, 5) Send creative thank you's, 6) Perform functional walkthroughs, and 7) Engage with customers. It emphasizes the importance of going above and beyond for customers to build loyalty and advocates training employees to learn more about each customer. Real-world examples are provided to illustrate how following these pillars can significantly increase sales and improve customer relationships.
Six Principles of Engaging & Retaining Restaurant & Retail EmployeesAccess Development
Don't settle for the idea that restaurant & retail employees are supposed to short-term hires. Investing in and engaging these employees is worthwhile, however, because it results in a better customer experience. Here are a few basic ideas behind how to retain these valuable team members.
This document provides an introduction to a training program called "Be Paid on Time". It discusses the author's background and experience developing a methodology for eliminating late payments from customers. The training program promises to teach managers how to make debtor management a positive tool for business growth by focusing on customer relationships rather than traditional credit control methods. The follow up section encourages applying the ideas from the training and provides options for additional in-person training and consultation services. Module One indicates the first part of the training will cover defining a business's unique selling proposition.
This document discusses TRU Vision, a proposed in-house solution for home modifications and specialty durable medical equipment (DME) products. It would provide insurance companies and case managers with a single point of contact to streamline the process. The plan is to gather data on current services, get feedback from providers, assemble a small staff to implement the program, and launch with tweaks as needed. The home modification and DME market is over $25 million annually, and TRU Vision aims to be the leading provider through a passionate, problem-solving manager and high-quality customer service.
Mindset focuses on building employee self-esteem, awareness, and proactiveness to take ownership, which is necessary to achieve zero complaints. Training alone through skills and development is not enough, as it only impacts complaint handling and not elimination. While service quality has improved across many industries like banks, credit cards, insurance, and airlines, horror stories still exist, because mindsets may not have changed sufficiently.
All long-term focused companies are building their progress based on some initial ideas and principles. The Pipeliner Manifesto declares our most essential objectives and motives.
Discover empowering CRM solutions for your business management through Pipeliner–Instant Intelligence, Visualized!
This document provides an overview of Omni-Perform, a sales training and development company. It highlights some key points about improving salesperson performance and the benefits Omni-Perform's programs provide. The document includes testimonials from various clients praising the impact of Omni-Perform's trainings. It also outlines the goals and components of Omni-Perform's customized development programs, which aim to close performance gaps and get measurable results for clients.
CMO Insights: Summary of Findings 19 May09Mark Bonchek
This is a summary presentation of the findings from an Executive Insight report produced by Truman Company in association with The CMO Club. The presentation highlights top-of-mind issues for CMOs and where they are focusing their energy and attention in 2009.
The document discusses traditional sales models like direct sales teams, independent manufacturer reps, and distributors and their common issues. It then introduces SCiSOURCE as a new approach that provides small, focused, experienced, and scientifically proficient sales teams that are completely trained, tooled, and managed for a fraction of the cost of traditional models. SCiSOURCE aims to help life science firms realize their sales objectives quickly and at a lower cost than other options.
Pre-CRM Planning Tips for SMB's
In this presentation, we’ll look the basics of Pre-CRM planning and how your organization can stem the tide of over blown CRM costs and engineer systems that will meet your sales and marketing objectives.
How Businesses Can Use Rapid Change to Win Over Customers in a Post-Pandemic ...Hilary Corna
How to win at rapid change:
-The latest on operational and financial impacts to large, medium and small businesses.
-Come hear what Hilary and Pamit are seeing with their global clients and strategies currently being used.
-Share ideas and thoughts in this rapidly changing marketplace
This forum will introduce HRD heads and VPs to the concept of Total CVM which is described in Gautam Mahajan’s soon to be released book: ‘Total Customer Value Management: Changing Management Thinking’. The program builds on the HRD aspects of the Total CVM studies at the Tata and Godrej Groups. Most concepts are new, and are being globalised by Total CVM
By George Bouri, Global Board Member and Managing Principal – Americas Trascent Management Consulting, LLC
“HOW DO WE “LEVEL THE PLAYING FIELD” WITH OTHER SENIOR
BUSINESS LEADERS?”
It’s the eternal question in corporate real estate and facilities management (RE/FM) circles. Professionals
in our sector have asked it for more than 20 years. Many industry observers consider it stale, and yet it
uncovers some fundamental truths about the current state of RE/FM.
Instead of asking how to get a seat at the table, the right question to ask is:
“WHY DON’T WE HAVE A SEAT AT THE TABLE TODAY?”
Customer Relationship Management (CRM) is a strategy for managing a company's interactions with clients and sales prospects with the overall goals of finding new clients, retaining existing clients, winning back former clients, and reducing marketing and client service costs. When implemented effectively, CRM involves people, processes, and technology working together across all client-facing departments to increase profitability and reduce costs. Benefits of CRM tools include streamlined sales and marketing processes, higher sales productivity, increased cross-selling opportunities, improved service and retention, increased call center efficiency, and higher overall profitability.
Presentation on relationship of sales deptarorawadhwa
The document discusses the relationship of the sales department with other departments in an organization. It states that the sales department is the nerve center, similar to how finance is the lifeblood. It then lists the key departments that interface with sales: production, R&D, finance, accounts, marketing research, personnel, purchase, and customer service. The objective is to market products to customers.
Employee engagement is important for the success of a CRM initiative. An engaged employee is fully absorbed in and enthusiastic about their work, and seeks to improve the organization. To engage employees in a CRM project, companies should demonstrate how the new system benefits employees, involve stakeholders in design and piloting for feedback, communicate regular project updates, encourage employee feedback, and celebrate successes. Quality CRM through employee engagement can induce positive organizational change.
Establishing Executive Alignment and Priorities Around Your Company’s Custom...James O'Gara
This is one of several presentations that are part of the Future of the CMO/CXP Executive Education Series -- Hosted by OnMessage.
Establishing Executive Alignment and Priorities Around Your Company’s Customer Experience.
Securing executive alignment and clearly defined priorities
in support of Customer Experience Management is crucial.
Yet, so few companies have a game plan for making this
happen. In most cases customer experience, as a priority
within the business, originates and stagnates within
customer service or call center departments. The initiative
fails to gain traction in other customer-facing areas of
the business. It never receives executive support and
endorsement. As a result, the customer experience never
delivers material business results.
Why is this? For the customer experience to translate into
improved financial performance and become a competitive
advantage, it must be embraced enterprise-wide. It must
be implemented in a cross-functional manner — and, it
has to be a priority for the CEO and the entire C-suite.
View entire presentation.
1. The document discusses a summer internship project on Customer Relationship Management (CRM) conducted by two students at Angel Broking Ltd from May to June 2009 under the guidance of their faculty member.
2. It provides an introduction to CRM, including its history and importance in helping companies manage customer relationships through databases, marketing campaigns, and individualized customer interactions.
3. The project involved analyzing Angel Broking's CRM practices through secondary research, a SWOT analysis of the brokerage industry, and data collected during the students' internship regarding customer satisfaction, training programs, and opportunities for improvement.
The document discusses factors that contribute to low adoption rates of CRM implementations, which studies show fail between 47-80% of the time. Key factors include: not engaging users in design/implementation; lack of alignment between CRM automation and user processes; lack of understanding around the CRM purpose; and low perceived value by management or users. The document provides tips to increase adoption such as understanding user inefficiencies, sharing best practices, and recognizing top CRM users.
EyeforTravel - Customer Relationship Management in Travel USA (2008)EyeforTravel
Everything you need to know to energize your CRM strategy and release maximum value from your customer relationships.
http://events.eyefortravel.com/crm/?t=slideshare
The document discusses key elements of customer relationship management (CRM). It outlines four cornerstones of CRM: 1) customer knowledge, 2) relationship strategy, 3) communication, and 4) individual value proposition. It emphasizes that CRM requires understanding customers through segmentation, building long-term relationships rather than single transactions, enabling two-way communication across channels, and customizing products, services and prices for each customer. CRM systems can help manage large customer groups but require integrated front-office, mid-office and back-office IT.
The document discusses the key building blocks of a successful customer relationship management (CRM) strategy. It outlines eight building blocks: 1) CRM vision, 2) strategy, 3) valued customer experience, 4) organizational collaboration, 5) CRM processes, 6) CRM information, 7) CRM technology, and 8) CRM metrics. For each building block, the document provides details on what organizations should consider to develop an effective CRM strategy, including understanding customer needs, creating a customer-centric culture, collecting and analyzing customer data, and continuously improving processes. It also discusses challenges of CRM adoption and moving from a product-focused to customer-centric approach.
The document provides an overview of customer relationship management (CRM). It discusses that CRM focuses on understanding customer needs and creating value through relationships rather than just transactions. CRM involves gathering customer data, customizing communications and offers, and using integrated systems to support relationship management across departments. The goal is to encourage repeat purchases and reduce customers switching to competitors by delivering superior personalized service and value.
Six Principles of Engaging & Retaining Restaurant & Retail EmployeesAccess Development
Don't settle for the idea that restaurant & retail employees are supposed to short-term hires. Investing in and engaging these employees is worthwhile, however, because it results in a better customer experience. Here are a few basic ideas behind how to retain these valuable team members.
This document provides an introduction to a training program called "Be Paid on Time". It discusses the author's background and experience developing a methodology for eliminating late payments from customers. The training program promises to teach managers how to make debtor management a positive tool for business growth by focusing on customer relationships rather than traditional credit control methods. The follow up section encourages applying the ideas from the training and provides options for additional in-person training and consultation services. Module One indicates the first part of the training will cover defining a business's unique selling proposition.
This document discusses TRU Vision, a proposed in-house solution for home modifications and specialty durable medical equipment (DME) products. It would provide insurance companies and case managers with a single point of contact to streamline the process. The plan is to gather data on current services, get feedback from providers, assemble a small staff to implement the program, and launch with tweaks as needed. The home modification and DME market is over $25 million annually, and TRU Vision aims to be the leading provider through a passionate, problem-solving manager and high-quality customer service.
Mindset focuses on building employee self-esteem, awareness, and proactiveness to take ownership, which is necessary to achieve zero complaints. Training alone through skills and development is not enough, as it only impacts complaint handling and not elimination. While service quality has improved across many industries like banks, credit cards, insurance, and airlines, horror stories still exist, because mindsets may not have changed sufficiently.
All long-term focused companies are building their progress based on some initial ideas and principles. The Pipeliner Manifesto declares our most essential objectives and motives.
Discover empowering CRM solutions for your business management through Pipeliner–Instant Intelligence, Visualized!
This document provides an overview of Omni-Perform, a sales training and development company. It highlights some key points about improving salesperson performance and the benefits Omni-Perform's programs provide. The document includes testimonials from various clients praising the impact of Omni-Perform's trainings. It also outlines the goals and components of Omni-Perform's customized development programs, which aim to close performance gaps and get measurable results for clients.
CMO Insights: Summary of Findings 19 May09Mark Bonchek
This is a summary presentation of the findings from an Executive Insight report produced by Truman Company in association with The CMO Club. The presentation highlights top-of-mind issues for CMOs and where they are focusing their energy and attention in 2009.
The document discusses traditional sales models like direct sales teams, independent manufacturer reps, and distributors and their common issues. It then introduces SCiSOURCE as a new approach that provides small, focused, experienced, and scientifically proficient sales teams that are completely trained, tooled, and managed for a fraction of the cost of traditional models. SCiSOURCE aims to help life science firms realize their sales objectives quickly and at a lower cost than other options.
Pre-CRM Planning Tips for SMB's
In this presentation, we’ll look the basics of Pre-CRM planning and how your organization can stem the tide of over blown CRM costs and engineer systems that will meet your sales and marketing objectives.
How Businesses Can Use Rapid Change to Win Over Customers in a Post-Pandemic ...Hilary Corna
How to win at rapid change:
-The latest on operational and financial impacts to large, medium and small businesses.
-Come hear what Hilary and Pamit are seeing with their global clients and strategies currently being used.
-Share ideas and thoughts in this rapidly changing marketplace
This forum will introduce HRD heads and VPs to the concept of Total CVM which is described in Gautam Mahajan’s soon to be released book: ‘Total Customer Value Management: Changing Management Thinking’. The program builds on the HRD aspects of the Total CVM studies at the Tata and Godrej Groups. Most concepts are new, and are being globalised by Total CVM
By George Bouri, Global Board Member and Managing Principal – Americas Trascent Management Consulting, LLC
“HOW DO WE “LEVEL THE PLAYING FIELD” WITH OTHER SENIOR
BUSINESS LEADERS?”
It’s the eternal question in corporate real estate and facilities management (RE/FM) circles. Professionals
in our sector have asked it for more than 20 years. Many industry observers consider it stale, and yet it
uncovers some fundamental truths about the current state of RE/FM.
Instead of asking how to get a seat at the table, the right question to ask is:
“WHY DON’T WE HAVE A SEAT AT THE TABLE TODAY?”
Customer Relationship Management (CRM) is a strategy for managing a company's interactions with clients and sales prospects with the overall goals of finding new clients, retaining existing clients, winning back former clients, and reducing marketing and client service costs. When implemented effectively, CRM involves people, processes, and technology working together across all client-facing departments to increase profitability and reduce costs. Benefits of CRM tools include streamlined sales and marketing processes, higher sales productivity, increased cross-selling opportunities, improved service and retention, increased call center efficiency, and higher overall profitability.
Presentation on relationship of sales deptarorawadhwa
The document discusses the relationship of the sales department with other departments in an organization. It states that the sales department is the nerve center, similar to how finance is the lifeblood. It then lists the key departments that interface with sales: production, R&D, finance, accounts, marketing research, personnel, purchase, and customer service. The objective is to market products to customers.
Employee engagement is important for the success of a CRM initiative. An engaged employee is fully absorbed in and enthusiastic about their work, and seeks to improve the organization. To engage employees in a CRM project, companies should demonstrate how the new system benefits employees, involve stakeholders in design and piloting for feedback, communicate regular project updates, encourage employee feedback, and celebrate successes. Quality CRM through employee engagement can induce positive organizational change.
Establishing Executive Alignment and Priorities Around Your Company’s Custom...James O'Gara
This is one of several presentations that are part of the Future of the CMO/CXP Executive Education Series -- Hosted by OnMessage.
Establishing Executive Alignment and Priorities Around Your Company’s Customer Experience.
Securing executive alignment and clearly defined priorities
in support of Customer Experience Management is crucial.
Yet, so few companies have a game plan for making this
happen. In most cases customer experience, as a priority
within the business, originates and stagnates within
customer service or call center departments. The initiative
fails to gain traction in other customer-facing areas of
the business. It never receives executive support and
endorsement. As a result, the customer experience never
delivers material business results.
Why is this? For the customer experience to translate into
improved financial performance and become a competitive
advantage, it must be embraced enterprise-wide. It must
be implemented in a cross-functional manner — and, it
has to be a priority for the CEO and the entire C-suite.
View entire presentation.
1. The document discusses a summer internship project on Customer Relationship Management (CRM) conducted by two students at Angel Broking Ltd from May to June 2009 under the guidance of their faculty member.
2. It provides an introduction to CRM, including its history and importance in helping companies manage customer relationships through databases, marketing campaigns, and individualized customer interactions.
3. The project involved analyzing Angel Broking's CRM practices through secondary research, a SWOT analysis of the brokerage industry, and data collected during the students' internship regarding customer satisfaction, training programs, and opportunities for improvement.
The document discusses factors that contribute to low adoption rates of CRM implementations, which studies show fail between 47-80% of the time. Key factors include: not engaging users in design/implementation; lack of alignment between CRM automation and user processes; lack of understanding around the CRM purpose; and low perceived value by management or users. The document provides tips to increase adoption such as understanding user inefficiencies, sharing best practices, and recognizing top CRM users.
EyeforTravel - Customer Relationship Management in Travel USA (2008)EyeforTravel
Everything you need to know to energize your CRM strategy and release maximum value from your customer relationships.
http://events.eyefortravel.com/crm/?t=slideshare
The document discusses key elements of customer relationship management (CRM). It outlines four cornerstones of CRM: 1) customer knowledge, 2) relationship strategy, 3) communication, and 4) individual value proposition. It emphasizes that CRM requires understanding customers through segmentation, building long-term relationships rather than single transactions, enabling two-way communication across channels, and customizing products, services and prices for each customer. CRM systems can help manage large customer groups but require integrated front-office, mid-office and back-office IT.
The document discusses the key building blocks of a successful customer relationship management (CRM) strategy. It outlines eight building blocks: 1) CRM vision, 2) strategy, 3) valued customer experience, 4) organizational collaboration, 5) CRM processes, 6) CRM information, 7) CRM technology, and 8) CRM metrics. For each building block, the document provides details on what organizations should consider to develop an effective CRM strategy, including understanding customer needs, creating a customer-centric culture, collecting and analyzing customer data, and continuously improving processes. It also discusses challenges of CRM adoption and moving from a product-focused to customer-centric approach.
The document provides an overview of customer relationship management (CRM). It discusses that CRM focuses on understanding customer needs and creating value through relationships rather than just transactions. CRM involves gathering customer data, customizing communications and offers, and using integrated systems to support relationship management across departments. The goal is to encourage repeat purchases and reduce customers switching to competitors by delivering superior personalized service and value.
To differentiate customer experience, do something your competitors aren't doing in customer experience management. Re-examine how you're listening to customers, viewing customers' expectations, and focusing your employees and business rituals on customers. See http://ClearActionCX.com Contact us at OptimizeCX@ClearActionCX.com
The document contains insights from several leaders in customer experience on how to empower and sustain a customer-focused culture, what customer experience (CX) excellence means, and how to operationalize an omni-channel experience. Key points include assigning clear customer-focused roles and metrics, focusing on customer success, embedding the customer perspective in decision making, training employees on all customer touchpoints, and ensuring consistency across channels to create value for customers.
to study customer relationship management towards pooja industries.pvt.ltd, ...SaurabhShete11
This document is a project report submitted by Saurabh Balasaheb Shete to Savitribai Phule Pune University in partial fulfillment of the requirements for a Master of Business Administration degree. The project report studies customer relationship management at Pooja Industries, which is located in Ambad MIDC, Nashik, Maharashtra, India. The report includes a declaration by Saurabh, an acknowledgement of those who provided guidance and assistance, an executive summary of the report's contents, and an index of the report's chapters.
Capturing Customer Data and Insights that Elevate the Customer ExperienceJames O'Gara
Curriculum Highlights:
The data set that truly drives the customer experience
starts with understanding the customer’s desires, needs,
challenges and decision-making drivers. Do you need
big data to capture these insights? Maybe. Maybe not.
During this session, you’ll gain insight into the customer
experience data that really matters and how it can be
leveraged to improve the customer buying process and
journey. You’ll also learn about research techniques
that can be used to capture an accurate Voice-of-theCustomer
(VOC) and how the insights will help you create
a differentiated customer experience.
Learning Objective:
Participants will leave with a deeper understanding of the
customer research methods and data they need to create
a more engaging and compelling customer experience.
Customer relationship management (CRM) relies on customer data to create customer loyalty. CRM was developed as a tool to manage customer data using IT techniques. The purpose of CRM is to improve marketing productivity through collaborative processes that reduce costs. Key aspects of CRM include differentiating customers, developing offerings for each customer type, keeping existing customers satisfied, maximizing lifetime customer value, and increasing customer loyalty.
This document provides an overview of customer relationship management (CRM). It defines CRM as a comprehensive approach for creating, maintaining, and expanding customer relationships. The document discusses categorizing customers to better understand and serve them. It also covers using customer data and tools to capture information to implement a CRM strategy. Finally, the document lists some key factors for successful CRM implementation and provides some case studies.
This document discusses strategies for building a learning organization, including goal alignment, skill development, and talent mobility. It emphasizes that the only sustainable competitive advantage is an organization's ability to learn faster than its competition, and that managers must be lifelong learners. It provides examples of how goal alignment, skill development through training opportunities, and talent mobility through cross-training can improve employee engagement, productivity, and company profitability.
An Introduction to Hiring for The Modern CSMTim White
Customer Success Managers are a unique breed: They need to have the right combination of technical ability and customer-facing experience to manage demos and implementations with customer feedback. In this eBook, you'll learn who they are, what they do, and what you should pay them. Also included is an in-depth interview with New Relic on how they built their Dream Team of CSMs.
This document provides an overview of a project report on Customer Relationship Management (CRM) conducted at Sri Futuristic Solutions in Vijayawada, India. It discusses the importance of CRM in maintaining long-term relationships with customers. The objectives of the CRM study are to examine current CRM practices, understand the impact of CRM on profitability, identify factors affecting CRM, and analyze the role of information technology in CRM. Primary and secondary data were collected through surveys. Sri Futuristic Solutions is introduced as a company providing web design, software development, and education consultancy services with a goal of delivering high quality solutions.
Slide share Institute for Quality Assurance London - QualityWorld Customer ...Dr. Ted Marra
Another classic article on Customer Focus - while a number of approaches have evolved over the years, the foundation elements remain unchanged. Again, many organisations 'talk a good game' when it comes customers, customer focus or customer centricity. But as we all know, 'talk is cheap' and 'talk' alone doesn't get the job done. One needs to understand the true requirements for being customer focused. One needs a 'strategic customer relationship management' system as discussed in other of my SlideShare uploads. Hopefully you will find that this article helps to continue to provide a 'directionally correct' viewpoint! Enjoy!
This document discusses Customer Relationship Management (CRM). It defines CRM and explains why it is important for managing customer relationships. It outlines different types of CRM, provides examples of how CRM has helped different companies, and discusses best practices for implementing CRM including assessing needs, defining requirements, training users, and reviewing the system. It also covers common mistakes to avoid during implementation and recommends consulting help and phased implementation for best results.
The book has been designed to serve as an essential insight
necessary to understand CRM (Customer Relationship Management)
that especially meets the requirements of T5 MBA students of KTU
specializing in marketing. Substantive coverage has been given to
topics like CRM technology, Sales Force Automations, Enterprise
Marketing Automation, implementing CRM, Application Service
Provider, Impact of CRM on Marketing Channels and CRM Tools.
The document discusses recent developments in the banking sector in India. It begins with explaining basic terms related to banking such as finance, money, and credit. It then provides a brief history of banking in India, dividing it into three phases from 1786 to the present. Recent technological developments that have transformed banking include core banking, electronic fund transfers, telebanking, anywhere banking, and mobile banking. Core banking allows customers to bank from any branch nationwide. Electronic fund transfers enable money transfers electronically instead of through physical means. Telebanking and mobile banking allow customers to conduct banking transactions over the phone and mobile devices.
Today, we are having a fairly well developed banking system with different classes of banks – public sector banks, foreign banks, private sector banks – both old and new generation, regional rural banks and co-operative banks with the Reserve Bank of India as the fountain Head of the system.
Trading commodities is an ancient profession with a longer history which is either buy or sell of a product on a marketplace. The commodities market works just like any other market, which is a physical or a virtual space, where one can buy, sell or trade various commodities at current or future date.
GST is an indirect tax levied on the supply of goods and services in India. It replaced multiple existing indirect taxes levied by the central and state governments. GST aims to integrate state economies and boost tax revenues. It introduces input tax credit which eliminates cascading of taxes and benefits both businesses and consumers. While GST faced initial challenges during implementation, it has since boosted tax collection and helped build a more transparent, less corrupt tax system in India. Overall, GST has proven to be a boon for the Indian economy by increasing tax revenues and facilitating the ease of doing business across state borders.
This document provides an overview of several motivation theories:
- Maslow's hierarchy of needs theory describes human needs in a pyramid structure from basic physiological needs to self-actualization.
- McGregor's Theory X and Theory Y propose that managers have assumptions about human motivation that influence their management style, with Theory Y being more participative.
- McClelland's theory identifies three types of needs that motivate - need for power, affiliation, and achievement.
- Herzberg's motivation-hygiene theory distinguishes between intrinsic motivators like achievement and extrinsic hygiene factors like salary that prevent dissatisfaction.
- Other theories discussed include Alderfer's ERG theory modifying Maslow's needs
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Best practices for project execution and deliveryCLIVE MINCHIN
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
How MJ Global Leads the Packaging Industry.pdfMJ Global
MJ Global's success in staying ahead of the curve in the packaging industry is a testament to its dedication to innovation, sustainability, and customer-centricity. By embracing technological advancements, leading in eco-friendly solutions, collaborating with industry leaders, and adapting to evolving consumer preferences, MJ Global continues to set new standards in the packaging sector.
Digital Marketing with a Focus on Sustainabilitysssourabhsharma
Digital Marketing best practices including influencer marketing, content creators, and omnichannel marketing for Sustainable Brands at the Sustainable Cosmetics Summit 2024 in New York
Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...my Pandit
Dive into the steadfast world of the Taurus Zodiac Sign. Discover the grounded, stable, and logical nature of Taurus individuals, and explore their key personality traits, important dates, and horoscope insights. Learn how the determination and patience of the Taurus sign make them the rock-steady achievers and anchors of the zodiac.
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...APCO
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Structural Design Process: Step-by-Step Guide for BuildingsChandresh Chudasama
The structural design process is explained: Follow our step-by-step guide to understand building design intricacies and ensure structural integrity. Learn how to build wonderful buildings with the help of our detailed information. Learn how to create structures with durability and reliability and also gain insights on ways of managing structures.
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
HOW TO START UP A COMPANY A STEP-BY-STEP GUIDE.pdf46adnanshahzad
How to Start Up a Company: A Step-by-Step Guide Starting a company is an exciting adventure that combines creativity, strategy, and hard work. It can seem overwhelming at first, but with the right guidance, anyone can transform a great idea into a successful business. Let's dive into how to start up a company, from the initial spark of an idea to securing funding and launching your startup.
Introduction
Have you ever dreamed of turning your innovative idea into a thriving business? Starting a company involves numerous steps and decisions, but don't worry—we're here to help. Whether you're exploring how to start a startup company or wondering how to start up a small business, this guide will walk you through the process, step by step.
2. What is Customer Relationship Management
(CRM)?
◦ 1 CRM can be considered as a business strategy that aims at generating value to the key targeted customer
◦ and developing long-term mutually beneficial relationships with customers
◦ by integrating customer-related information and knowledge from internal and external sources , 2009) and by diffusing this
knowledge to the appropriate stakeholders using information technology (Boulding et al., 2005; Stein and Smith, 2009). CRM is
frequently a central element of the knowledge management function of the organization (Stein and Smith, 2009) that requires
a redesign of the organization and its processes
3. The S-H-O-C-K Approach to Bring CRM Culture
◦ Shocking your organization;
◦ Helping them understand;
o Optimizing Implementation;
o Capitalizing on your Strengths and
o Keeping on reinforcing the new attitudes.
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5. Shock Your Organization to Bring Culture of CRM
◦ “Enough is enough folks! We better become CRM centric now or become irrelevant”. Yes, this attitude is required in the very
first step as you start to face negative attitude from your people. There is always little motivation on the part of employees.
Legendary Behavioral Psychologist, B.F. Skinner proposed this approach in the 20th century and it’s still used by leading
organizations to tackle lethargic employees who despise change.
◦ Unless you disrupt the existing ways, people would be most resistive to bringing CRM culture change. Disrupt the processes first
and then let them settle in with a new CRM centric approach.
◦ Many experts on the topic go to the limit of proposing major lay-offs and disrupting even the daily workflows to bring change. I
sincerely hope that this does not become the case in your company and for that reason, we move to the second way to bring
change in CRM culture.
6. Help Them Understand CRM Culture and Its Benefits
◦ All of us are afraid of the dark! Ever wonder why? Psychological trends consistently reveal that people will always resist things
that they cannot grasp. Similarly, your employees will always resist the new culture as long as they do not understand it.
◦ Clinical records consistently show that ‘role models’ is a decisive factor in the triumph of a new culture. Firstly, your company’s
CEO needs to be CRM centric before he can ask people to follow his lead.
◦ So then what do you need to do? Make them understand CRM culture! Explain it to them, relate to their troubles, make them
understand, and also reveal to them how this change will develop them personally and professionally. Everyone would jump on
board once they can visualize the silver lining in the dark cloud.
7. Optimize CRM Culture Implementation
◦ Majority of the organizational experts agree that the reporting structures, measurement procedures, operational processes,
performance measurement and rewards system – all of these must be consistent with the behavior that CRM culture asks you
to embrace.
◦ When you ask the employees to adopt the culture of CRM while your organizational culture remains outdated, things don’t
work out. You need to optimize all processes before you start expecting results. Every organization works differently and
therefore there is no easy way to describe the CRM Implementation Steps. But a time tested rule remains the same. What is it?
◦ You are aiming to change the mindset of your employees and to do this you’ll need to have an integrated management
approach which ensures that every process, behavior or activity is one step closer to achieving overall organizational change. In
short, you need to give them an impression that they’re doing meaningful work which is contributing to overall positive change
on the organizational level.
8. Capitalize on Your Strengths to Bring CRM Culture
◦ Every organization has its strengths if not weaknesses. Consider that an organization wants to bring CRM culture and can’t find
any prior strength in the domain of customer relationships to help with cultural reorientation. What does it need?
Brainstorming!
◦ For example, it is a strength if your company comprises of people of different ages. You must be wondering how that can help
you bring CRM culture. Let’s see! You have groups of both young and old people at your organization. Both of these are having
their own reservations about this new found culture change that you’re working on. What you do is that you create a ‘Mixed-
team’ – a team comprising of both old people and youngsters – and ask them to spend half an hour daily to suggest how to
bring CRM Culture. The youngsters will bring their Optimism and Energy and the experienced oldies will polish that energy with
their insights. This would be a sure way to overcome all obstacles and get everyone on board to implement CRM culture with
the help of the best SugarCRM implementation partners.
9. Keep Reinforcing
◦ Your CRM culture will be a mix of CRM centric values, investment of time and energy in CRM related solutions and also the
traditions which support your CRM culture. These are the things you need in order to reinforce your new culture. Your higher
management will continue to lead by example and show appreciation for the employees working towards a higher goal. New
traditions will help in making the process easier by availing the benefits of CRM software. For instance, you can stimulate
healthy competition, award the winners, encourage the runner-ups and celebrate major accomplishments.
◦ These initiatives will help you map your journey towards CRM culture adoption: where you once stood, where you stand today
and where you’re aspiring to reach. Having clarity of goals and reinforcing the commitment is a sure way to succeed in bringing
CRM culture in your very own organization.