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Customer loyalty and customer relations management
Customer loyalty and customer relations management
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CRM is a new Point-of-Sale system that Barry wants to implement at Matthews & Company in hopes of better understanding customers in order to give them better service. It would use sales data, integrate the marketing and transaction databases, track customer information as well as trends, and create a centralized system for the company. It would not only increase sales, but also increase customer loyalty. Further, it would help with the flat sales the company has recently been experiencing. Managerial responsibilities are being mismanaged at Matthews & Company because there is a huge lack of communication among the employees on the CRM implementation project. From the initial discussion, to the time Barry presented his idea, no talk about the project occurred; there were no updates in the company on how the project was moving along. Barry should have scheduled regular meetings …show more content…
Because there were no meetings, there was no opportunity for feedback. Also, the CEO wasn’t present when Barry needed him to be; Howard, the man who allowed Barry to do the project, couldn’t even attend Barry’s important presentation. For the project to do better from the start, the company should have broken it down into smaller, more manageable parts and set up deadlines for each part of the process. These short-term goals would allow the company to see quicker return on investment, and it would allow for feedback after each part was completed. Also, Barry should have stayed in constant communication with his coworkers at Matthews & Company in order for all the employees to be on the same page at all times. He should have constantly kept his team updated on his ideas, goals, and the possible risks the CRM implementation project may face. This would have prevented the team from being disappointed that their ideas weren’t being used. It is
A summary of the case details (provide the circumstances surrounding the case, who, what, when, how)
The applicant Mr. Arthur Hutchinson was born in 1941. In October 1983, he broke into a house, murdered a man, his wife and their adult son. Then he repeatedly raped their 18-year old daughter, having first dragged her past her father’s body. After several weeks, he was arrested by the police and chargedwith the offences. During the trial he refused to accept the offence and pleaded for innocence. He denied accepting the killings and sex with the younger daughter.
The conviction of guilty offenders when adhering to the guidelines of the NSW criminal trial process is not difficult based on the presumption of innocence. However, due to features of the criminal trial process, established by the adversarial system of trial, cases can often involve copious amounts of time and money, particularly evident in the case of R vs Rogerson and McNamara where factors such as time and money are demonstrated to be in excess. In addition, characteristics of the adversarial system such as plea bargaining has the power to hinder convictions due to the accused having the authority to hire experienced and expensive lawyers to argue their case, hence maintaining their innocence.
Facts: Twenty one year old, University of Wyoming college student, Matthew Shepard, died October 12, 1998 at 12:53 a.m. after spending five days in a comma due to massive injuries and head trauma in a robbery and hate crime assault (Matthew Shepard, 2000 [on-line]). Matthew Shepard met Aaron McKinney (22) and Russell Henderson (21) of Laramie in a local bar called Fireside Lounge. McKinney and Henderson had been drinking. The two led Shepard to believe they were gay and lured Shepard to their truck. McKinney pulled out a gun and said, Guess what- we’re not gay and you’re gonna get jacked. McKinney then told Shepard to give him his wallet. When Shepard refused, McKinney hit him with the gun. With Henderson behind the wheel, McKinney continued to strike Shepard. McKinney then told Henderson to get a rope out of the truck. McKinney allegedly tied Shepard’s beaten body to a wooden split-rail post fence, robbed him of his wallet and patent leather shoes, continued to beat him and left him to die for over 18 hours. Chasity Vera Pasley (20) and Krista Lean Price (18), the suspect’s girlfriends, hid the bloody shoes of Henderson and provided the suspects with alibis. Shepard’s shoes, coat and credit card were found in McKinney’s pick-up truck; his wallet was found in McKinney’s home. A .357 Magnum was also found in McKinney’s home (Matthew Shepard, 2000 [on-line]).
1. Management Improvement - Mr. Walsh should take up management degree. He needs to learn employee empowerment and delegation. He needs to learn employee empowerment and delegation. The plant manager needs to be trained on leadership since he has no experience in management. He should also start hiring a public relations specialist and a marketing specialist to improve on these two aspects of the business.
The end of this case is very interesting. A secret meeting, and a board decision that was against who I actually thought they would end up getting rid of. Getting rid of Tim doesn't really solve the problem, as a matter of fact I think it weakens the company. Malcolm's strong point is not running the everyday company, and that what Tim was fairly good at. Malcolm creating this new operating plan is going to be a strain on him, and possibly will not solve any of the problems currently facing the company, and more then likely he'll find himself out of a job, much like his friend Tim. But his greatest mistake probably is not bailing with Tim. Sometimes things simply do not work out, and it's time to move on to greener pastures. In this case, Malcolm worked well with Tim, because there was a level of trust, there was a level of dedication. Without Tim, I don't think Malcolm can drive the company out of it's current bad stretch. The operating plan is going to have to be a massive swing in direction, with many changes to the current structure of operating divisions, current sales departments, and integration of all acquisitions over time. Of course developing such a document is no easy task; lets see if I can piece together something, as well as point out some misstep's that the company made.
RBC Financial Group uses a customer relationship management (CRM) strategy that provides a variety of services for a variety of clients. The strategy allows for individual customers to trust RBC and develop a personal relationship with each and every client. One major factor that allows CRM to operate effectively is the use of technologies and analytics to help classify each client’s financial situation. These customer profitability-based techniques allowed RBC to categorize their clients into A, B, and C groups so that the sales teams could optimize their efforts in catering to these different clients. This strategy holds the following strengths: optimizing sales efforts to different customers, easily accessible electronic sales leads, centralized and standardized financial decisions, and building personalized and sustainable customer relationships. There are a few weaknesses to the system though including the complexity in predicting future positions of companies despite the use of analytics as well as the complexity in creating consistency when using these
In any project it is important to do a stakeholder analysis in order to be able to identify the stakeholders and prioritise them by power and their interest to the success of the strategy or project. Once you identify them there is need to fully understand what motivates them in this project and what might be done to get their much needed support, thereby reducing obstacles to successful implementation. There maybe need to dangle carrots in order to get buy in from key stake holders. Incentives and rewards goes a long way in motivating other stakeholders to get results oriented effort.
Project Controls would be essential in recognizing, and hopefully solving, a situation such as this. When sales were floundering in comparison to the projected goal, a proper measurement of such poor results would have identified this ear...
The missing element for most corporations with projects that do not succeed, is culture. Establishing a project management culture is extremely complex, and may be undervalued by some. Sharing in a belief, mission, or goal, can certainly be the foundation of building a project management culture. To continue building upon that culture, it is the assignment of the program or project manager to mitigate the complexities of human behavior, in order to reach a collective objective. Richardson (2014) describes culture as: shared, learned and enduring, a powerful influence on behavior, systematic and organized, invisible, and risk-averse or risk-tolerant. Without all of those characteristics, a culture may be lacking in cohesiveness, resulting differently for each individual project.
Mr. Rankin is the person responsible for the technical implementation of a new customer relationship management software. The company he works for is having great success with initial sales across the country, but when it comes to repeat customers, it seems the numbers are lacking. This software, in theory, should increase the levels of follow-up service nation-wide. At this point, the company employs three hundred and ten people and maintains their low prices, which is how they get their initial business.
Sometimes, the stakeholders of the projects have their own personal objectives which become a hindrance in carrying out the project successfully.
CRM is a philosophy and a researcher wants to determine the critical success factors activate this philosophy in Pizza Hut. Three components including people, processes and technology, and these three elements should act interactively to ensure the success of CRM in any business CRM.
The main goal of Customer relationship management is to create a strong bond between customers and the company. The strong bond can be build by focusing on the two main objectives of CRM. Providing the organization and all of the employees that treat customers with a single and complete view of every customer at every touch point and across all channels and providing the customer a single and complete view of the company and its extended channels (O’Brien, A & Marakas, G. 2004).
Customer relationship management is a cross-functional process to achieve a continuing dialogue with customers, across all their contact and access point, with personalized treatment of the most valuable customers and to ensure customer retention and the effectiveness of marketing initiatives. It is also provide the chance for customers to interact with the brand.