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behavior of its customers. y Best means to develop close and profitable relationships with their customers
productivity. Increase Market Diversity. Intensifying Competition. Demanding and well informed customers. Accelerating advances in technology.
y Customer satisfaction y Customer service y Customer loyalty y Quality as perceived by the customer
The barriers that mostly will be faced Include. 1.Absence of leadership 2.Stifling Culture 3.Management turmoil 4.System Deficiencies .
customer relations Example:- Medtronic(Bill George) 2. Time spent visiting the customers & listening for their Point of view.
3.Emphasis on customer &issues. Example:- Home Depot (Bob Nardelli)
integration comes through shared concept of how to meet customer needs better than competition.
y Example:- Wells Fargo - A financial Institute & Bank.
customer-centric organization is a centralized Database, from where you can avail all the customer oriented perspective.
y Example:- USAA y
organisation,firms should include at least 2 or 3 of most important cusatomer metrics (i.e customer loyalty,customer satisfaction,Etc) that are reported regularly to Top management.
y As well as its equally important task is to synchronize
incentives & reward system with customer centric paradigm. y Example:- Sales man rewarded for increase in equity of their customers.
y LEARNING & CONTINOUS IMPROVEMENT y Example:- Surf Excel y DIRECTION FOR FURTHER RESEARCH y Example:- UPS & FedEx y
- Influence of Internet
organization get into customer oriented as a guide who will show you the correct path.
y For every organization the mode will be different .