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Customer relationship management practices
The role of customer relationship management in an airline company
Synopsis on customer relationship management
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MALAYSIA AIRLINES BACKGROUND:
Malaysian Airlines Berhad (Known as MAB) was founded in 1947 and known as Malayan Airways. Their main hubs are Kuala Lumpur International Airport meanwhile their secondary hubs are Bayan Lepas International Airport. MAS have got 111 Destinations over around the world. Their parent companies are Malaysia Airline System Berhad and the headquarters are at Kuala Lumpur, Malaysia.
At the beginning, Malaysia Airlines' humble origins began in the golden age of travel. A joint initiative of the Ocean Steamship Company of Liverpool, the Straits Steamship Company of Singapore and Imperial Airways led to a proposal to the government of the Colonial Straits Settlement to run an air service between Penang and Singapore. The result was the incorporation of
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In terms of implement CRM in Malaysia Airlines Berhad, the management have to identify who the airlines' customers are and what their customers’ needs and aspirations are. If airlines didn’t not receive profit from customer, how can airlines be sure airlines are serving their best to customers and applying their value to all business decision? If airlines had the means to do both, profits would have gone. Not only would airlines become more efficient, the shareholders also would see an investment in their only real source of revenue, the customer, and the meaningful profits in result. With so few new revenue opportunities, do airlines need more aircraft? Or instead should airlines consider a customer relationship management program that uncovers and maintains shareholder value. Airlines need to know and understand those customers who contribute the most to their bottom line. Providing customers with a good experience however and whenever they choose to contact you is a key part of managing relationships with them. Ovum defines customer relationship management (or CRM)
Companies are interacting with people through the use of social media due to its low cost and the number of people they can send their message to, especially if it is an advertisement on a product they want to sell. Because of the rising tide of social media and the necessity it is for companies to use it as a major tool today, it can be catastrophic if misused. This is why companies need ringmasters to manage the social media activity. One company in particular that has suffered from a catastrophe on social media is Qantas Airlines. A major airline company that had their promising plans backfire because of a concept called, Hashtag Hijacking. Ringmasters and Hashtag Hijacking correlate with each other because hashtag hijacking can be avoided
In today's competitive marketplace, all firms are seeking ways to improve their overall performance. One such method of improvement, recently adopted by many firms, is benchmarking. Benchmarking is a technique used to evaluate internal business processes. "In this analysis, managers determine the firm's critical processes and outputs, baseline those processes, then compare the performance of each process against a standard outside the industry" (Bounds, Yorks, Adams, & Ranney 1994). To effectively improve a business process to world-class quality, managers must find a firm that is recognized as a global leader, not just the industry standard. Successful benchmarking requires tailor-made solutions, not just blind copying of another organization. Measurement and interpretation of data collected is the key to creating business process solutions.
Boeing is a company that dates back almost a century ago in Seattle Washington by William Boeing. Back in 1916 when Boeing was founded, they manufactured sea planes right out of the Seattle bay. Twenty years later, Boeing’s revolutionary plane was introduced. The Boeing 247 was created and is considered to be the first modern airliner to fly around the world. Boeing operated the planes for commercial purposes. Boeing started u...
Is change going to keep Qantas in the air, or force them to the ground?
The Southwest Airlines company and its culture is one that is often cited in today 's business classes. The airline is widely known to be “different” compared to many of its competitors, a result of its founding values and strong corporate culture. This culture developed early in Southwest’s history and was deeply entrenched due to the competitiveness of the airline industry, as well as due to some of the pressures experienced as a result regulatory issues and stiff competition.
This paper will discuss the challenges and changes that occurred within British Airways during the 1980’s. It will explore the relevant methods used to re-energize the organization during this period. As a matter of history, included in this paper are the change-resistant elements of the British Airways culture prior to the 1980s challenges. Next, it will identify the critical success factors and several of the steps that leaders took to transform the company. Finally, there is a personal element, considering what I may have done differently in the same situation.
Secondly, they have to offer additional services which significantly improve their margin such as seat reservations, improved in-flight catering or transport services. Customers tend to be most receptive for these services 48 hours before departure • CRM helped for automation of basic business purposes such as marketing, sales and service of airlines. • It also play a key role in analysis of customer data and behaviors using business intelligence. • Prove to be collaborative for communication among the clients. It helped to create touch points with all the important operations and provide superior features to the customers.
The Malaysia Airline System (MAS) reported a loss of over RM1.3 billion for the Financial Year 2005. It was unacceptable to many parties such as the stakeholders and the government especially the announcement was made at the same time as some of MAS regional competitors reported strong profits in the same year.
The target market for Penang Port is shippers in Malaysia northern states and southern provinces of Thailand. The port acts as a main entrance to Malaysia, and is the longest established port in Malaysia. The port is situated along the straits of Malacca which is known to be one of the hectic shipping routes in the world which allowing it to receive many services handling.
Malaysia was once a colonized land and known as Malaya back then. Malaysia is one of the Commonwealth countries, which means Malaysia was one of the British colonies.
Qatar Airways is a national airline business of the state of Qatar. This business provides ‘top of the line’ airplanes to satisfy and comfort the traveller. Nowadays, Qatar Airways is considered to be one of the dominant leading airlines in the world. Qatar Airways began its commercial airline operations in 1994, using low cost small airplanes. However, Qatar Airways had been relaunched in 1997, striving to expand its operations internationally and maintaining a high quality service and providing “breathtaking experiences”. This business has reached a milestone of covering a 100 different destinations on the global network by 2011. Moreover, Qatar Airways has been the fastest growing
Richards, K., & Jones, E. (2008). Customer relationship management: finding value drivers. Industrial Marketing Management, 37, 120-130.
The Singapore Airlines needs to thoroughly understand the plans being pursued by the British Airways, Cathay Pacific, and Virign Atlantic in improving the comfort and quality of service it provides to its customers. The Singapore Airlines needs to continue differentiate itself by examining the strengths/weaknesses, and key points of these and other competitive airlines.
Customer relationship management is a cross-functional process to achieve a continuing dialogue with customers, across all their contact and access point, with personalized treatment of the most valuable customers and to ensure customer retention and the effectiveness of marketing initiatives. It is also provide the chance for customers to interact with the brand.
Customer relationship management has become the marketing buzzword of the past two decades with business-to-business firms jumping in, many without really being certain of what they hope to achieve from it, and oftentimes being disappointed with the results.