सोमवार, २२ जून, २०२०

Winning & Retaining the Customers":

"Winning & Retaining the Customers":

CHANGING ENVIRONMENT: CUSTOMER

THE  AMOUNT OF  KNOWLEDGE IS  DOUBLING
EVERY  TEN  YEARS.
BY  THE  TURN  OF  THE  DECADE,  IT  WILL
BE  DOUBLING  EVERY  FIVE   YEARS.
HENCE   CUSTOMER   IS   NOW  MORE          
1) KNOWLEDGEABLE
2) DEMANDING
3) CONCERNED  ABOUT  HIS  EXPECTATIONS.
4) HAS  A WIDE  CHOICE  DUE  TO
   GLOBALISATION.

WHY CUSTOMER SATISFACTION ?

“Three most important things that you need
to measure in a business are:

Customer satisfaction,
Employee satisfaction

and
Cash flow. 

WHAT IS CUSTOMER VALUE ?

VALUE IS A FUNCTION OF THE “BENEFITS RECEIVED” RELATIVE TO THE “SACRIFICES MADE” BY THE CUSTOMER

DON’T  THINK,  BUSINESS AS USUAL

THE  WINNERS  WILL BE THOSE  WHO STAY  AHEAD  OF
THE CHANGE CURVE, CONSTANTLY  REDEFINING  THEIR
INDUSTRIES, CREATING  NEW  MARKETS,  BLAZING
NEW  TRAILS,  REINVENTING  THE  COMPETITIVE  RULES,
AND  MOST  IMPORTANTLY,

CHALLEGING  THE  STATUS  QUO.
THE  WINNERS  WILL  BE   THOSE  WHO  CAN   TRANSFORM
THEIR  ORGANIZATIONS  INTO  SOMETHING  THAT  MORE
RESEMBLES A JEEP– AN ALL-WHEEL  DRIVE,  ALL-TERRAIN
VEHICLE  THAT  IS LEAN, MEAN AND
HIGHLY MANEURABLE. 

THE GOLDEN  RULE
EVALUATE, Or,
 PROBE, Or,
 ADVISE, Or,
 INTERPRET.
SEEK  FIRST TO UNDERSTAND,
THEN TO BE UNDERSTOOD
HABIT 5
‘SEVEN HABITS
OF HIGHLY EFFECTIVE PEOPLE’

FUNCTIONAL KEY RESULT AREAS

MARKETING:  CUSTOMER  SATISFACTION.
2.PRODUCTION:  COST EFFECTIVE GOODS
3.R&D: CREATING COMPETITIVE ADVANTAGE.
4.FINANCE: MANAGING   MONEY  EFFECTIVELY
5.HR: EMPLOYEE  MORAL  &  PRODUCTIVITY..
6.MANAGERIAL:
RESPONSIVENESS-
PROACTIVE/REACTIVE
MANAGEMENT  OF CHANGE.

FUNAMENTAL  TASKS

4CREATING  GOODWILL.
4BUILDING  UP TRUST.
4ATTITUDE IS THE KEY.
4A  WILL  TO CHANGE.

TWO  USEFUL  ‘MANTRAS’
►‘CMS’  MANTRA
‘C’—SEE  FIRST,
‘M’-AIM PROPER,
‘S’-SHOOT TO SUCCEED

‘EAR’ MANTRA
E FOR EXPECTATIONS
A FOR ACTIONS
R FOR RESULTS
►ENSURE   E = R

POETRY:

P FOR PRIORITIES.
O FOR ORGANIZE TO ACHIEVE THEM.
E FOR EXECUTING THE NECESSARY TASKS.
T FOR THINKING WHAT HAS BEEN ACCOMPLISHED
 & WHAT HASN’T.
FOR RECHARGING AND
Y FOR YOURSELF.

THE  “ASKING”  RATE

4FOR  ATTITUDE.
4FOR  SKILLS.
4K FOR  KNOWLEDGE

‘SMART’ RESPONSE STANDARD
‘S’   SPECIFIC,
‘M’  MEASURABLE,
‘A’   ACHIEVABLE,
‘R’   REALISTIC,
‘T’   TIMELY
.

PARAMETERS OF   PRODUCTIVITY
4QUANTITY
4QUALITY
4RESOURCES
4COSTS.
4TIME.

CUSTOMER  EXPECTATIONS.
 4 PERFORMANCE. FEATURES.
4RE LIABILITY.
4CONFORMANCE.
4DURABILITY.
4SERVICEABILITY.
4AESTHETICS.
4PERCEIVED UTILITY.

LOYALTY  LADDER
-ONE-OFF PURCHASERS
-OCCASIONAL USERS
-REGULAR CUSTOMERS
-ADVOCATES

EVERY OBSTACLE
PRESENTS
AN OPPORTUNITY,
TO IMPROVE
ONE’S CONDITION.

CHANGING  THE  WAY
WE  DO  BUSINESS

4INCREASE  CUSTOMER  BASE.
4REDUCE  OPERATING  COSTS.
4IMPROVE  CUSTOMER  SERVICE.
4IMPROVE  RESPONSIVENESS.

BASICS OF EFFECTIVE INNOVATION

41. A BLEND OF NEW IDEAS
42.THE ABILITY TO GET THINGS DONE
43. SOUND COMMERCIAL SENSE
44.CLEAR CUSTOMER FOCUS
45.A CONDUCIVE ORGANIZATIONAL CLIMATE.
46. COMMITMENT OF MANAGEMENT
47. POSITIVE STRATEGIC APPROACH
&  A LONG TERM PERSPECTIVE.

TIME IS THE MOST IMPORTANT ELEMENT OF COMPETITIVE ADVANTAGE

4PROFIT IS FUNCTION OF TIME.
4TIME TO DEVELOP A NEW PRODUCT.
4TIME TO PROCURE RAW MATERIALS.
4TIME TO TURN IT INTO FINISHED PRODUCT.
4TIME TO SIGN SETTLEMENT WITH THE UNIONS.
4TIME TO CHANGE PEOPLE’S MIND SETS.
4TIME TO ZERO IN, ON SIGNIFICANT CUSTOMER NEEDS.
4TIME TO MAKE TECHNOLOGY WORK.
4TIME TO SPEND LOCATING & FINDING PRODUCT FOR CUSTOMER.
4TIME TO ALTER YOUR FINANCIAL STRUCTURE.
4TIME TO COMMUNICATE CORPORATE INTENT TO EACH AND EVERY EMPLOYEE.
4RESPOND & DELIVER.
4ALL SUCH TIME ELEMENTS GO INTO MAKING OR LOSING MONEY IN BUSINESS.

USEFUL QUESTION BANK

41.ARE YOU WILLING TO CHANGE
   THE WAY YOU WORK & HOW?
42.WHAT MAKES SUCCESSFUL 
    SYSTEMS?
43.HOW YOU CAN BE SUCCESSFUL?
44.WHAT OTHERS ARE DOING?
45. DO YOU LOOK FORWARD TO NEW
   CHALLENGES?

IF YES, HOW? IF NOT, WHY NOT?
Best of Luck.....
Get Going....

Sudhakar Natu

P.S.

"शोधा म्हणजे सापडेल, विचार करा, सुचेल":
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