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Customer Relationship Management




                    Notes          Self Assessment

                                   Fill in the blanks:
                                   6.  There are …………………… phases in customer life cycle.
                                   7.  The first phase of customer life cycle is …………………….

                                   8.  The last phase of customer life cycle is …………………….
                                   9.  In …………………… phase the evaluation and selection of the CRM product that best fits
                                       the requirements of the organization is carried out.

                                   10.  System maintenance is a part of …………………… phase.

                                     


                                     Caselet     Employee Satisfaction Translates to Customer
                                                 Service Results

                                           ecognizing that its unique advantage in the market is based on superior customer
                                           service and  that  customer  service is  directly  related  to  the  satisfaction  of  its
                                     Remployees,  a 500-employee  fleet leasing company determined to  redesign  its
                                     Human Resources functions. The company felt it would improve employee retention by
                                     establishing itself  as an organization employees  believed  a  good place  to  work.  The
                                     company believed that  by establishing  long-term careers;  it could build a  workforce
                                     which would ensure the company’s success. Management retained a DHC consultant to
                                     assist in establishing goals for the effort, to facilitating a cross-functional team, and direct
                                     the implementation of solutions.
                                     Seven initiatives were identified which would enhance employee skills and performance,
                                     align individual goals with corporate goals while giving employees ownership and control
                                     of their own  success. Three  of the  seven initiatives were chosen  for the first phase of
                                     implementation because of their impact on the workforce.
                                     Job Descriptions: To clarify expectations, assist in recruiting the right employees, provide
                                     basic  information for  designing  a  compensation  program,  and provide  a  basis  for
                                     performance management,  job descriptions were created  for all  positions and  made
                                     available to all employees on the LAN. A communication and training effort launched the
                                     program and employees  learned how to access, create and  maintain job descriptions
                                     company wide.
                                     Performance Management Program: A performance management program was designed
                                     to give employees ownership of professional development and performance improvement.
                                     Emphasis  was on  collaborative goal  setting, employee  coaching,  development,  and
                                     empowerment. Managers were trained in leadership and coaching skills to ensure success.
                                     The program focused on developing employees and rewarding performance based  on
                                     critical, company-wide  performance dimensions  developed using  focus groups.  The
                                     program was designed to open communication and collaboration, to standardize rating
                                     systems,  rating  criteria  and  formats  while  allowing  flexibility  for  departmental
                                     requirements and changing business requirements.
                                     Compensation Program: Senior management reviewed and redesigned the compensation
                                     strategy to assure objective, consistent, equitable rewards for performance. Market analysis
                                                                                                         Contd...




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