Tailored Workshops
The following workshop programme was established for relationship management teams in a major UK bank. This provides both training and diagnostic facilities and has already helped to identify areas for further review and action. An outline of typical workshop components is set out below:
| COMPONENTS | INTERACTIVE ELEMENT | |
|---|---|---|
| 1. | INTRODUCTION | Delegate participation |
Summary of workshop aims: Provide insight into Relationship Management |
Building a definition of Relationship Management. Review at end of workshop. | |
| 2. | BACKGROUND TO RELATIONSHIP MARKETING | |
Challenges created by rise in customer expectations, business competition, new distribution and demand channels Marketing economics - costs of acquisition versus retention |
Differentiating customer offers through business competencies and service. Cash-flow example. |
|
| 3. | DEVELOPMENT OF MARKETING | |
| History & Development of marketing Transactional to relationship marketing The relationship ladder |
Case studies from different sectors. | |
| 4. | RELATIONSHIP MANAGEMENT FRAMEWORK | |
| The 4 P's revisited. Integrating Strategy, Organization, Processes and Technology | Develop framework elements. Discuss business structure implications. | |
| 5. | CUSTOMER TOUCHPOINT MAPPING | |
|
Development of internal and external customer contact maps to provide template for relationship and service management controls. The strength of a business relationship may only be as good as the weakest touch-point |
Develop outline customer contact maps. Identify types of contact, touch-point 'owners', commitments and results tracking | |
| 6. | SIGNIFICANCE OF CUSTOMER INFORMATION | |
What information is useful to establish, maintain and develop business relationships? How is this obtained and where is it stored? Identify the value of business-led IT specifications |
Build outline information requirements, using business and consumer life-cycle examples. Review technology support | |
| 7. | CUSTOMER TARGETING & VALUATION | |
Assessing prospects and clients for economic and advocacy value. Establishing current and future business value. |
Define basis for customer ranking using the 4-square
box template. Assess MI reporting needs |
|
| 8. | RELATIONSHIP MANAGEMENT MEASURES | |
| 3 inter-locking components of income, efficiency & goodwill | Introduce delegates to a Balanced Score-card approach. Assess MI reporting needs |
|
| 9. | SUMMARY & FEEDBACK | |
| Draw together and review workshop elements | Feedback forms | |