The Situation
Company:
A leading Asia Pacific telecommunications company offering network
services and solutions to other telecommunications companies.
Customer/Market Characteristics:
- Small customer base: Approximately 400 customers
- Largest 30 customers account for 80-90% of the revenues
- Declining revenues due to increased competition from niche providers
Customer/Market Characteristics:
- Small customer base: Approximately 400 customers
- Largest 30 customers account for 80-90% of the revenues
- Declining revenues due to increased competition from niche providers
Initial Level of Customer Understanding:
- Very limited customer insights available
- Small number of customers repeatedly surveyed
- Some additional adhoc customer research conducted
- Customer needs identified often high level, ambigious and not actionable
- Learnings not shared well across the organisation
Steps | Gather & Review | Analyze & Prioritise | Identify & Implement | Monitor & Manage |
Actions | Met with key business units to understand strategic objectives and customer information currently capturedCollected and reviewed customer data from various sources | Analysed customer data and identified:
|
Implemented initiatives to deepen understanding of customers (eg Customer Workshops, conducted a Needs Based Segmentation study)Assigned actions to specific business units based on insights obtained Executed assigned actions | Developed tools and processes to ensure ongoing:
Management and reporting of initiatives using developed processes |
Deliverable | Summary of customer needs | Recommendations to address insight gaps and customer needs. | Action Plans executed throughout the organisation | Program for action management and reporting of customer insights |