Introduction: The management of customer relationships has become a top priority for many companies. In many competitive markets, businesses invest substantially in customer relationship management (CRM) implementation (Bohling, Bowman, Lavalle, Mittal, Narayandas, Ramaniet al., 2006).
“The purpose of CRM is to efficiently and effectively increase the acquisition and retention of profitable customers by selectively initiating, building and maintaining appropriate relationships with them. Advances in information technology can assist with the development of improved customer relationships”.
Problem Statement: According to the complexity of the process of marketing in B2B firms many studies talk about lack of improvement of profitability
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In this broader sense, customer relationship management is the overall process of building and maintaining profitable customer relationships by delivering superior customer value and satisfaction. It deals with all aspects of acquiring, keeping, and growing customers.
Customer relationship management (CRM) is a technology for managing all your company’s relationships and interactions with customers and potential customers. A CRM system helps companies stay connected to customers, streamline processes, and improve profitability.
CRM, they are usually referring to a CRM system, a tool that helps with contact management, sales management, productivity, and
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The Research Methodology: The main purpose of the study is to improve and develop a model of implementing crm in B2B organizations. And to build a model which should be workable and easy to implement we have first know the internal and external factors that affect the implementation.
The research design:We will use a qualitative research method. We will use interviews as the way to collect Data.
Population of the study:
The population of the study will be Managers of medical equipment companies as type of B2B organizations that sell their products and services to other organizations such as hospitals, clinics , retailers and others.
Sampling and Data collection:
There are about ninety companies that are registered as medical equipment suppliers in Khartoum , so according to calculations using Raosoft sampling calculator assuming that the response will be 50% we should interviewing not less than 74 managers from different 74 medical companies.
Method of data collection
The research is a qualitative research. The method of data collection is by interviewing each of seventy four companies
To select the sample for this study, data will be collected from two businesses; Alabama Power and Blue Cross and Blue Shield of Alabama in Birmingham, Alabama. The surveys will include segments in which the participants were asked to give an account of their; workplace, supervisor-subordinate relationship, leadership, employee performance, and organizational performance at the workplace (Scheidt-Nave et al., 2012). The other possible data collection may come from Survey Monkey. The instruments used for this study will be the OPS (all 67 participants will evaluate the organization), 360-degree feedback (57 subordinates will evaluate their supervisors and 10 supervisors will evaluate their subordinates), and the GRS (10 supervisors will evaluate their subordinates and 57 subordinates will evaluate
One paramount difference right now is that healthcare organizations are essentially hiring in lieu of firing; hence, recruitment and retention are one of the most paramount issues. This is not obligatorily the case in other industries. The Cumulated States health care system faces many challenges in endeavoring to find a viable future. According to Dombovy (2002) among the critical issues are: • Achieving consensus on the constructs of health care • Reducing clinical variation/ enhancing quality • Financing incipient technology and drugs while circumscribing the rate of incrimination in health care costs.
Another weakness is different payer requirements for certain procedures and treatment. There are various items that can prevent the clinic from obtaining revenue for its services such as not having a prior authorization, the payer deems the treatment wasn’t necessary or the payer implemented a new requirement for this treatment that was not met. These are constantly changing and it is difficult for healthcare organizations to keep up with these ever-changing policies. B3. Evaluate at least two opportunities of the organization HG Clinic is a multi-specialty clinic and continues to build on these specialties as they come out and as the healthcare industry grows and changes.
Introduction As the administrator of Mainstay Medical Center, I will create a mission and vision statement for the organization, identify strategic goals and recommend strategies that will be effective in achieving the goals of the organization. In this paper, I will also identify strategies to gain a competitive advantage with other organization while ensuring goals for Mainstays Medical Center to remain successful. Mission and value statements for Mainstays Medical Center Mission statements are the beginning of an organization’s planning and goal setting process. A mission statement should align with the fundamental values of the consumers and the population it serves as well as the beliefs and competitive positions.
Quickly the company executives realized they could also apply this management model to health care plans. With funding from fortune 500 companies and the Robert Wood Johnson Foundation the National Committee of
Abstract The paper reviews the organizational chart and stakeholders relationships for Sheppard Pratt Health Systems. The organizational chart for each health care organization is different depending on the size and services offer by that organization. Most organizational charts begin with either a board of trustees or the CEO. Stakeholders are anyone who has vested interest in an organization.
I have recently completed my master degree in business and health management from Davenport University. I decided to explore my opportunity and to apply what I have learned to real world. My first step is to establish my own distributing company in Sweden. I thought about distributing sleep apnea devices, and perform sleep studies. During my Doctorate program I was involved in sleep medicine, and I have invented my own sleep apnea device, and it is ready to be marketed it.
Mednax is an independent group practice in the United States specializing in the delivery of neonatal, pediatric subspecialty, and anesthesia services across the country. As one of the largest accountable care organizations of its kind, the company benefits from geographic and economic scale, enabling it to spread out administrative costs across a wide network of practice locations. Its increasing scale gives it strong negotiating leverage with hospitals, especially as the company 's intangible assets the high degree of specialization of its physician workforce are in high demand and difficult to replicate (Wisner, 2016). A network effect appears to be at play, both in the company 's widening practice base and through its own proprietary
a. What is the research idea? a. This research will examine how being exposed to technology eg. Cellphones, tablets, and computers at a young age effect how children learn throughout a portion of their childhood. Beginning at infancy stage (2-3 months) to preschool age (2-5 years).
The changing climate as a result of the advent of value-based care continues to place significant demands on hospitals, medical providers, healthcare organizations, and physicians to take a completely new look at the marketing strategy. A coherent strategy and sustained quality are critical in today’s healthcare market to attract new patients, retain existing clients, and maintain positive and productive relationships between the patients and hospital staff. To be viable today, healthcare organizations have to utilize effective strategic planning to develop integrated marketing strategies that makes it efficient and easy for the target population to identify what they need, make informed decisions, and provide insights and new information – not just basic promotion. Also, such efforts have to be constantly evaluated to ensure highest quality that fosters better outcomes and more value for the
1.0. INTRODUCTION Every organization strives to benefit from creating value for its customers, in the most effective way, for the purpose of attaining competitive advantage in the business environment in which they operate. Philip Kotler(2015) defines marketing as “the science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit”. According to Hollensen (2003), a strategy is a fundamental pattern of present and planned objectives…”
Operation decisions are influenced by marketing strategies while marketing strategies are affected by the outcomes of other KBF’s. Marketing is largely concerned with strategies to ensure the sale of product which include influencing consumers to buy product by altering, design, pricing, the image of the product in the market, promotion and the quantity produced. These can all be restricted by other KBF’s. Pricing strategies, for example, can’t be set lower than the costs of making the products (reaching break even point). Every key business function has affects on marketing and physical limits on the amount that can be produced and the sorts of marketing strategies that can be implemented.
Question 1 answer: Customer relationship management is mainly about building relationships with a company’s targeted profitable customers and maintaining that relationship through delivering customer value, as in how a consumer perceives a certain product and values it enough to buy it rather than buying the competitor’s product, and delivering customer satisfaction where the product meets the exact expectations the consumer had actually expected from the product or more, but not less. Companies can build customer relationships at many levels, depending on the nature of the target market (Kotler and Armstrong, 1988). Companies with many low-margin customers can develop basic relationships by which a company doesn’t get to know it’s consumers
. How would you assess the business model of HCG? Compare HCG’s cancer care model with other international cancer-care models using case information and your secondary research. Where do you think lies HCG’s strength and weaknesses relative to these international cancer care models? Highlight the differences and similarities between the HCG business model and that of Aravind, Narayana Hrudalaya, Fortis & Apollo?
Task One Audit 1.1 Gflock’s three largest customer groups and their relative importance to the organization “Segmentation is the process of grouping customers in markets with some heterogeneity into smaller, more similar or homogeneous segment to target with a distinct Marketing Mix”. (Smith, 1956). The table below demonstrates the company’s five main customer groups out of which the Misses, Ladies and Mistresses were chosen as the key customer groups respectively according to the percentage of the market and their monthly income. (Table 1.1) Teens Misses Ladies Mistresses Madams Demographic Age 14-17 years 18-21 years 22-28 years