Customer Relationship Management - Management Sciences - Course Outline, Lecture notes of Customer Relationship Management (CRM)

Key points of this course outline are: Customer, Relationship, Management, Expectations, Needs, Internal, Objectives, Responsibility.

Typology: Lecture notes

2011/2012

Uploaded on 10/24/2012

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Faculty of management sciences
Department of Technology Management
Course Code & Title MKT700 - Customer Relationship Management
Credit – 3 Program - MBA (Business Course)
Pre-requisites: None
Course Objective:
If customers are the heart of a business, then Customer Relationship Management is the blood.
Businesses that make their customers feel valued have a substantial competitive edge.
Implementing excellent Customer Service is affected by every aspect of the management
systems, processes, and communications. This course provides a platform for Directors
and Senior Managers to devise and implement a strategy that can be embraced by all personnel.
Delegates will consider the requirements of a customer driven business, including where
"moments of truth" occur, the pyramid of responsibility, customer loyalty levels, defining the
strategy and mission statement.
The outcome will be a framework to develop CRM to its optimum effect.
Course outline:
Implications of customer service
Customer definition
Moments of truth
Customer needs and expectations
Customer driven business
Pyramid of responsibility
Mission statement
Internal customers
Customer loyalty
80 / 20 ratio
SWOT analysis
Defining the strategy
SMART objectives
Long term customer base ?| satisfaction to delight
Forming the strategy
Involving the team
Communicating the strategy
Implementing the strategy
Action points
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Faculty of management sciences

Department of Technology Management

Course Code & Title MKT700 - Customer Relationship Management

Credit – 3 Program - MBA (Business Course)

Pre-requisites: None

Course Objective:

If customers are the heart of a business, then Customer Relationship Management is the blood.

Businesses that make their customers feel valued have a substantial competitive edge. Implementing excellent Customer Service is affected by every aspect of the management systems, processes, and communications. This course provides a platform for Directors and Senior Managers to devise and implement a strategy that can be embraced by all personnel.

Delegates will consider the requirements of a customer driven business, including where "moments of truth" occur, the pyramid of responsibility, customer loyalty levels, defining the strategy and mission statement. The outcome will be a framework to develop CRM to its optimum effect.

Course outline:

  • Implications of customer service
  • Customer definition
  • Moments of truth
  • Customer needs and expectations
  • Customer driven business
  • Pyramid of responsibility
  • Mission statement
  • Internal customers
  • Customer loyalty
  • 80 / 20 ratio
  • SWOT analysis
  • Defining the strategy
  • SMART objectives
  • Long term customer base ?| satisfaction to delight
  • Forming the strategy
  • Involving the team
  • Communicating the strategy
  • Implementing the strategy
  • Action points

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Text Book:

The CRM Handbook: A Business Guide to Customer Relationship Management - Jill

Dyche.

The CRM Project Management Handbook: Building Realistic Expectations and Managing Risk by Michael Gentle

References:

CRM at the Speed of Light: Essential Customer Strategies for the 21st Century by Paul Greenberg Essentials of CRM: A Guide to Customer Relationship Management (Essentials Series) by B.P. Bergeron Harvard Business Review On Customer Relationship Management by 'harvard Business Review'

Grading policy:

The final grade will be computed from the following constituent parts: mid-semester

exam (20%), final exam (50%), assignments (15%) and project (15%). Closed-book

examination is used for both mid-semester and final exam.

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