1,133 research outputs found
Does customer relationship strategy influence customer satisfaction and loyalty?: Evidence from Malaysia banking sector
Purpose – The main purpose of this paper is to develop a conceptual framework that explains the
influence of Customer Relationship Strategy on the customer satisfaction and loyalty of Malaysia
Banks.Design/methodology/approach – This paper adopts qualitative method of reviewing related
literatures.Findings – Evidences from the extant literatures have suggested that effective implementations of the five dimensions of CRM (Customer Orientation, CRM Organization, Knowledge Management, Technology Based CRM and Customer Involvement) will positively affect customer satisfaction and lead to loyalty within the banking industry.Research limitations/implications – The major limitation of this work is that it is qualitative and thereby requires empirical data to support the model that is presented.
Practical implications – This paper practically suggests that for banks to gain satisfaction and loyalty of their customers, they must monitor level of customer trust through proper integration of CRM application.Originality/value – This paper primarily conceptualizes a measurement model that would assist in determining the impacts of CRM on customer satisfaction and loyalty of banks.It is the first study that incorporates customer involvement dimension along other four CRM dimensions that was developed by Sin et al (2005). It also considers trust as a moderating variable between satisfaction and loyalty
Post choice satisfaction among Nigerian students studying in Malaysian universities: A pilot study
Purpose – This research aims at developing a conceptual framework and valid prepositions of the impacts of Nigerian students’ perceived expectation on perceived quality and satisfaction with Malaysian higher institutions.The result of this study will be used for a further research that will empirically establish the actual reason for the increasing influx of Nigerian students in Malaysia and how the stakeholders can best explore the inherent opportunities.
Design/methodology/approach – The researchers primarily use qualitative approach and pilot study that involves detail literature reviews of academic literatures and industry reports on perceived expectation, perceived quality and student satisfaction.Findings – The extant literatures suggest that there exist positive relationship between perceived expectation, perceived quality and student satisfaction. The reliabilities of the proposed measurement instruments indicate valid internal consistency. Research limitations/implications – Given that this paper is based on qualitative approach, there is need to embark on empirical data gathering to validate the conceptual model.
Practical implications – Evidence from existing literatures have established that for higher institutions of learning to achieve operational efficiency in their perceived service quality and student satisfaction, managements of higher institutions need to integrate high quality lecturers, reasonable cost of education, social orientation programs, modern facilities etc into their operations’ measurement practices. Originality/value – This research extensively review existing literatures on student satisfaction and measurements, specifically how it impact education industry.It primarily avails both the academic and higher institution’s management the benefits that are inherent in measuring the impact of perceived expectation on perceived quality and student satisfaction.The research finally proposed a model for future empirical testing
A review of the inconsistency in CRM measurement: evidence from the telecommunication industry
This study explores the varying contradictions in CRM measurements and proposed a conceptual model in association with customer loyalty in the telecommunication industry.The model was developed based on observed practical issues, industry
reports and explicit review of empirical literatures on CRM in multifaceted disciplines using qualitative technique.Findings from this research revealed an optimistic relationship between CRM measurements, customer satisfaction,
switching costs and customer loyalty.Although few literature have established the influence of CRM measurements on customer loyalty effectiveness, this study has further availed scholars/practitioners knowledge of the theoretical ties and the role CRM maintenance as key measurement has in predicting successful CRM implementation. Furthermore, it is recommended that CRM implementing organizations integrate the need for CRM maintenance as a prerequisite for CRM
sustainability in organizations
The concept of relationship quality in Government Linked Companies (GLCs): Evidence from Malaysian automotive industry
Government Linked Companies (GLCs) represent 36% of total market capitalization in Bursa Malaysia. This percentage contributes a significant role in Malaysian economic backbone.Some GLCs are not performing well and their poor performance has tainted the public perceptions on GLC specifically Proton Holdings Berhad as one of the non performing GLC in automotive industry.Alarming weak performance and declining market share has diverged from the main purpose of its existence and consequently impact public confidence on its ability to preserve the country’s asset.Product quality and customer service are the means to capture the further weakening in Proton’s
market share. Although previous literatures have established the importance of quality towards
business profitability, this study has further explored another aspect of quality which is the role of relationship as an important ingredient to strengthen the long term bonding between customer and firms.This study examines relationship quality (RQ) and proposed a conceptual model linking quality performance dimension, customer value especially the price as mediating variable between product quality dimension and RQ. The model was developed based on observed practical gap, industry reports and review of empirical literatures on RQ in multi-dimensional disciplines using RELQUAL measurement technique.Findings from this research revealed a significant relationship between quality performance measurements, customer value and RQ.It finally recommends that in order to increase level of customer retention and business profitability, firms specifically automotive industry should strengthen their customer relationship, quality performance and simultaneously increase customer value to remain competitive in the industry
Does Customer Relationship Management (CRM) implementation influence the performance of telecommunication services: Evidence from Nigeria
This study examines CRM implementation and proposed a conceptual model linking customer loyalty in the telecommunication industry.The model was developed based on observed practical issues, industry reports and explicit review of empirical literatures on CRM in multidimensional disciplines using qualitative technique.Findings from this research revealed a significant relationship between CRM measurements, customer satisfaction, switching costs and customer loyalty.Although few literatures have established the influence of CRM measurements on customer loyalty effectiveness, this study has further availed scholars/practitioners knowledge of the theoretical relationships as well as the importance of CRM maintenance in predicting successful CRM implementation.It finally
recommends that CRM implementing organizations should integrate CRM maintenance as a precondition for CRM sustainability in their organizations
Knowledge management and organizational performance of mobile service firms in Nigeria: a proposed framework
Over the years, knowledge management has become a major strategic necessity that organizations require to succeed in the global business atmosphere. Knowledge as one of the most vital assets of all corporate organizations must be effectively identified, acquired, stored, shared and implemented in the most profitable way that could achieve sustainable competitive advantage. This study reviews the concepts of knowledge management and organizational performance and proposes a model for further research in the area of knowledge management on performance of mobile service firms in Nigeria.The study envisages that the effect of knowledge management dimensions on organizational performance of mobile service firms in Nigeria could be mediated by technological innovation in the industry.Hence, it is recommended that mobile operators should develop and implement strategic knowledge management policy proficient to providing appropriate organizational knowledge that satisfies changing customers’ needs and preferences
The strategic impact of technology based CRM on call centers' performance
The primary objective of this paper is to test a model that can explain the impact of technology based CRM on inbound call center performance. To do this, data were collected from 168 call center managers and analyzed through structural equation modeling. The research findings indicate
that technology based CRM significantly affects first call resolution and perceived service quality, but weakly influence caller satisfactions through the mediating role of first call resolutions.Observably, this research believes that customer contact centers as the first touch points to company are dependent on other factors such as company policy, product quality, customer characteristics, etc. to influence caller satisfactions, but unfortunately most of these factors fall outside the operational control of contact center activities. The findings in this research has empirically provided the long waiting evidence that technology based CRM applications within the inbound contact center industry can only influence caller satisfactions through first call resolution and perceived service quality. A major implication for call center managers is that this research findings has availed them the
opportunity on how to effectively develop, implement, and evaluate their CRM applications
Relationship marketing dynamics, customer satisfaction and customer loyalty in retail banking: The role of long-term orientation culture and service recovery
Extant literature has amply reported the associations between relationship marketing dynamics, customer satisfaction and customer loyalty. However, these reports are contradictory and thus, inconclusive. Meanwhile, past studies have argued extensively on the influence of individual customer values on perception, decision making and buying behaviour.Yet, very little is known of the interaction effect of long-term orientation culture on the link between trust, bonding, communication, personalization and customer satisfaction in retail banking sector. Similarly, while several studies have documented the significant effect of customer complaints on customer loyalty, there is no noticeable research
evidence on the intervening effect of service recovery on the relationship between customer
complaints and customer loyalty.To fill these gaps, this conceptual paper is writte
Input current control of boost converters using current-mode controller integrated with linear quadratic regulator
The application of power electronic converter in the renewable energy systems significantly increases their efficiencies by maintaining the operation of these systems at the optimal operating points, therefore, absorbing the maximum available power from the renewable sources all the time. In this paper, the small-signal models of the open-loop, current-mode controlled boost converter are derived. In addition, both the Current Mode Control (CMC) and the Linear Quadratic Regulator (LQR) methods are combined to design a controller that forces the input current of the converter to follow accurately a reference current, which could be generated using maximum power point tracking (MPPT) algorithms. The controller performance is tested under transient conditions and with disturbance signals using MATLAB/Simulink simulation package. The simulation results indicate that both a good response and disturbance rejection are achieved in tested conditions
Determinants of procurement strategy for construction works: quantity surveyors’ perspectives
The selection of the ‘appropriate’ procurement strategy is a prerequisite to the success or failure of a
construction project. This paper investigates the factors determining the selection of appropriate procurement strategy
for construction works in Nigeria. Data for the study was collected through an online survey questionnaire. The
survey administration involves only quantity surveyors. Quantity surveyors were targeted because they advise clients
and other stakeholders on procurement and contractual issues on construction works. A total of 33 usable responses
were received and analysed for this study. On the basis of the results, it is concluded that the selection of procurement
strategies for construction depend on complex interrelated factors. The study could not detect a particular factor or
few factors responsible for a procurement strategy selection. The findings of this study is useful because it argues that
the construction sector needs to broaden its considerations on the procurement strategy’s determinants rather than
focusing solely on the client’s type and nature of projects as is often cited. Future research could segment these
factors in terms of class of construction works or increase the sample size, which might lead to different findings
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