Customer Management to Grow the Evergreen Account

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Muder Chiba

Muder Chiba

Smart customers

Aggressive competitors

VUCA world

Volatile , Uncertain , Complex ,Ambiguous

Starting Point

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Only responsive

businesses will Thrive

Muder Chiba

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Sales : Eat what I kill

today?

Muder Chiba

Account

Management :What

Relationship am I

building with my

Customer ?

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What We'll

be Seeing

Know Your Customer

1. The 80/20 Rule (Pareto’s

Principle)

2. Customer Lifetime Value (CLV)

3. Map the Decision Making Unit

(DMU)

Grow Your Customer

1. Inside Out

2. Outside In

Muder Chiba

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Know Your Customer

Muder Chiba

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Muder Chiba

The 80/20 Rule 1.

Know

+ The Pareto Principle

Muder Chiba

80% of sales come

from 20% of

products

80% of profits come

from 20% of

customers

80% of profits come

from 20% of the time

staff spend

80% of complaints

come from 20%

customers

80% of complaint

handling time is used

by 20% complaints

Know

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Muder Chiba

Customer Lifetime Value

2.

Know

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Muder Chiba

Low Future Value

High Current Value

High Future Value

High Current Value

Low Future Value

Low Current Value

High Future Value

Low Current Value

Future Value

Cu

rre

nt V

alu

e

Know

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Muder Chiba

Low Future Value

High Current Value

High Future Value

High Current Value

Low Future Value

Low Current Value

High Future Value

Low Current Value

Future Value

Cu

rre

nt V

alu

e

Manage

Divest/Evaluate

Focus

Nurture

Know

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Muder Chiba

Decision Making Unit

3.

Know

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Decision-owner .

Sponsor . Process-

Owner .

Purchaser…

What is the Decision-making Unit structure?

Know

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Grow Your Customer

Out side In or Inside Out?

Muder Chiba

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Muder Chiba

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 …

Streams of Business

Grow

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Muder Chiba

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 …

Streams of Business

Org

an

iza

tio

n P

en

etr

ati

on

Grow

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Muder Chiba

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 …

1

2

3

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5

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8

9

10

Streams of Business

Clie

nt O

rga

niza

tion

White Space Analysis Grow

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Muder Chiba

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 …

1

2

3

4

5

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9

10

Streams of Business

Clie

nt O

rga

niza

tion

White Space Analysis 2

Overlay Size ,Attractiveness ,

Competition ...

Arrive at Focus Opportunities

to Increase depth of Customer Relationship

Grow

Muder Chiba

Tata Sons chairman Cyrus Pallonji Mistry

has urged leaders of group firms to focus

on sustaining profitable growth and

developing agile businesses to

succeed in a changing and volatile

world business environment and

achieve its Vision 2025.

Mistry said for the group to sustain

profitable growth and develop agile

business amidst a changing and volatile

world business environment, it should

focus on developing unique

consumer insights, diversification

of profit pools, creation of

intellectual property rights,

deployment of robust risk

management processes, creation

of financial flexibility to seize

opportunities, and minimising

impact on the environment.

Grow

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Decision Agility

Managing

Risk

Creating IPR

Capitalising Opportunity

Environ-ment Focus

Muder Chiba

Tatas

Grow

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Decision Agility

Customer Centricity

TQMRS Quality

Evidence Based

Decisions

TGIF

Innovation

Muder Chiba

Tatas

Grow

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Muder Chiba

Inside Out What is our Current business with Customer?

Outside In What is the Customer Looking at ?

And

Grow

( best practice now)

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…To Decide on What to Offer and

How to present the Solution…

Muder Chiba

What Opportunities do you see, say, at Tata Group companies ?

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Muder Chiba

You can analyze the past but

you have to design the future.

- Edward De Bono

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muder.chiba@gmail.com

To know your customer is to grow your

customer

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