The customer relationship management strategies: personal needs assessment of training and customer turnover

Abstract

Over the past decade, there has been an explosion of interest in customer relationship management by both academics and executives. However, despite an increasing amount of published material, most of which is practitioner oriented, there remains a lack of agreement about what customer relationship management is and how customer relationship management strategy should be developed. Yet, the existing academic literature and the practical applications of customer relationship management strategies do not provide a clear indication of specifically what constitutes customer relationship management processes. In this study, we (a) learn about how companies successfully change their strategies, including training and increase customer loyalty or decrease customer turnover. (b) conceptualize a construct of the individual needs assessment of training and its dimensions, and (c) empirically investigate the personal needs assessment consequences of implementing customer relationship management processes. Our research questions are addressed in five companies in India. The results were supportive of a conceptual model of the impact of training needs on customer turnover. Limitations of the study and implications for future research are discussed.