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Without a heart, it's just a machine
Presented By:Aakriti Gupta
Dhaval Makhwana
Dipsankha SahaPramey Zode
Rahul Contractor
Reema KujurRohan BharajVineet Vinod
Introduction
Southwest’s Principal Values
Creation of “Southwest” culture
Business Model
Disruptive Innovation
StrengthSimplicity in operational tacticsStrong technical and operational knowledge among employeesLow Cost per seat mile & Turnaround timeFriendly approach & Close Bonding with customersGreat working culture among employeesInnovative ideas to retain old customersFree baggage policy10 minute turn around time
Weakness•Baggage Handling
•No segmentation of services
•Dependant on a single airplane producer(Boeing)
Opportunities•Growing US Airline Industry• New International market•Partnership with foreign airliners•Expanding services to include services for leisure or business classes
Threats•Stiff competition from other airliners•Dissatisfaction among frequent travelers•Rising fuel and operational cost•Restricted fare seats•Copycat “Low cost” Airliners
Strategies
Creation of “LUV” brand
Comparison with other Airlines
5 CRM lessons to learn from SWA
Understand that you are in a service business
Customers first, employees secondAlways be polite and humbleEmpowerment of employeesBuild healthy relationships
Thank You!