Change Management Plan for VELVET: Improving Customer Relationship Management
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Added on  2023/06/18
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This report suggests a change management plan for VELVET, an online retail fashion brand, to improve its customer relationship management. The plan includes hiring a talented workforce, integrating new software, and implementing effective CRM. The expected benefits include building customer loyalty and a positive brand image.
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Table of Contents INTRODUCTION..........................................................................................................................3 MAIN BODY...................................................................................................................................3 Describe the business and organisation and its core businesses.................................................3 Explain where changes will be made and why...........................................................................4 What information is gathered and analysed while making changes in CRM (customer relationship management)...........................................................................................................4 Sources of collected information................................................................................................4 Outline the rationale for the change, change objective, procedures to be followed and expected benefits........................................................................................................................5 CONCLUSION...............................................................................................................................6 REFERNCES:..................................................................................................................................7 Books and Journals:....................................................................................................................7
INTRODUCTION Business firms operates in a complex and dynamic market environment which makes it susceptible to the rapid changes taking place in the business environment. There is one thing for which business firm is certain is about changes. Most of the organisational changes take place due to unprecedented events or something that is intentional actions undertaken to facilitate the growth and progress of an organisation. Changes can be initiated in the business firm due to influence of market, resources constraints, reduction in budget or changes needs or preference of target audience(Hofman and et. al., 2020). Change management plan in any organisation is defined as the clear road map which encompasses several steps to be taken for the execution of change management process for the implementation of recommended change in an organisation. The change management plan is intended to avoid any disruption actions caused by changes taking place which is most likely to impact the business operations. VELVET is a fashionable clothing company which is offering online designer clothes to the people living in Australia. The company found with the objective of making designer clothes accessible to the large target audience at affordable pricing. The objective of the report is to suggest a relevant changes into the business operations and to what extent it benefits the organisation. MAIN BODY Describe the business and organisation and its core businesses VELVET is a online retail fashionable brand that is operating in the Australia Market since the year 2018, which is its year of foundation too. The company is headquartered at Sydney, Australia and operating with the main aim of providing affordable and fashionable brand to the people living the city(Pour and et. al., 2020). Online retail firm manage its business operations via official websites and well designed mobile application compatible for both Android and IOS software. The company is offering designed women and men's apparel from the talented and young fashion designers who are highly professional and creative in providing clothing solutions, especially to men and women. Unique attribute of this online retail company is that it also offers hand bags, wallets, clutches and other accessories required by men and women. The company strongly believes in delivering reliable and high quality services which serves as the basis for customer loyalty and trust.
Explain where changes will be made and why Being an online retail fashionable brand, VELVET is dealing with a problem of dissatisfaction among customer due to their poor client relationship management. VELVET has been receiving complaints with regards to delay in responding to the customer's queries, complaintsandissuewiththeweb portalor applicationwhichisbeinggeneratedover application, website and other social media platforms(Marj and Abadi, 2020). Due to ignorance of customer's generated queries and feedbacks company is facing huge decline in the loyal customers and increase in bad word of mouth of publicity. All these factors brought up the consequences of poor brand image and decline in the sales volume, changing preference of customer towards VELVET. The intended changes are to be made in CRM of a company with the help of acquiring tech savvy and talented workforce who can manage customer's queries and build interactive client engagement over internet platforms such as website, application and social media platforms. WhatinformationisgatheredandanalysedwhilemakingchangesinCRM(customer relationship management) While reviewing the comment section of social media platforms and e-mails over internet it has been revealed that poor client relationship management of the company is leading to the dissatisfaction among the loyal customers(Solan and et. al., 2020). VELVET is pioneer in delivering designer and fashionable clothes to the customer but it lacks in poor after sales service to collect feedbacks of customer, addressing to the common issue of online payment, disruptions in web portal and delay in making refunds to customer via wire payment mode. It has been analysed that customers are highly satisfied with the quality of products being sold and modes of delivery opted but at the same time spread bad word of mouth publicity as company pays less attention to customer's problem they are facing while buying the products. VELVET is most likely to integrate a customer relationship team exclusively dealing with the after-sales services of customer so that their being listened and value their suggestions provided. Sources of collected information VELVET came across about the bad client relationship management when there were influx of e-mails criticising after-sales service of the company(Byers and et. al., 2020). VELVET also maintains its presence over social media platforms, when there were bad critics and reviews about the poor customer relationship and after sales services, VELVET realised that
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the present workforce is incompetent in dealing with client's problem which is leading to poor word of publicity, low sales volume and growing number of dissatisfied customers. Delay in addressing customer queries and lack of integrated digital marketing technique, company is unable to address customer's issues promptly(Bjørkan and et. al., 2020). Outline the rationale for the change, change objective, procedures to be followed and expected benefits There is a significant need for the implementation of effective CRM in VELVET which will look into the aspects of client relationship and proper management of customer's feedback, queries or complaintsregards to the business operations. With the customer relationship management team in the organisation, customer are dealt with ease and promptly without any delays. The prime objective of CRM team into business is to provide exceptionally quality after sales services to client's so that they feel valuable, important and are completely satisfied. Customerwishthattheygetcustomisedservicesfromthecompanyandtheirvaluable recommendation and experiences are taken into account so that business can grow and flourish (Vicente and et. al., 2021). While implementing CRM into VELVET it is essential to hire a talented workforce who areexpertsindealingwithcustomersandbuildingcustomerloyaltybasedonpositive relationship. Then there is a further step is to get a integrated software which receives customer's queries and complaints from numerous sources such as website, social media sites, mobile application, em-mails etc. Then, there is need to design a proper change management plan followed by implementation and review of the performance as compared to the outcome. Desired benefits for the implementation of CRM into business is that it will help in building good customer loyalty and positive brand image. How resources are managed and changes are implemented For the better implementation of customer relationship management, VELVET makes use of Kurt Lewin's change model. First step in this model is Unfreeze where company prepares the entire team to bring necessary changes and ensuring that why these changes are necessary. Unfreeze stage encompasses the activities like hiring new talents for customer relationship and integration of new software in order to keep the records of customer data and track their activities(Currell and et. al., 2020). Further step is the “change” where actual changes are made within organisation. New team members are provided with proper training and development
program related with use of CRM software and conducting their induction so that they are aware abouttheirjobrolesandresponsibilitiesalongwithgettingfamiliarwiththeworking environment. Further, the last step isRefreeze where changes are already implemented and embraced by entire organisation. New customer relationship management team is acquired, trained and supported by the other employees in order to understand the customer segment of VELVET and core objectives for the implementation of customer relationship management into business. At this stage, business owners are responsible to ensure that implemented changes are used all the time and these changes become inherent into the daily business activities. With the implementation of effective CRM, VELVET can make sure that customer's queries are resolved on time without any delay and seek regular feedbacks from their through regular interaction over social media sites(Pour and et. al., 2020). What reporting, monitoring and review protocols are used in the business It is essential to review and revise whether the implemented changes are resulting into the desired results or not. For increasing customer satisfaction and enhancing the brand image of VELVET, company has embedded effective customer relationship management into business which deals with the customer queries and complaints effectively and promptly so that customer receives quality of after sales services with complete satisfaction. In order to measure the performance of CRM, company makes uses of different metrics such as rise in sales volume, positive feedback and attitude of clients towards the brand, increase in number of visitors over website and mobile application and quick response of customers to the social media marketing campaigns(Hofman and et. al., 2020). These metrics will allow company to measure how much business is heading towards resolving the problem of customer dissatisfaction due to poor after sales services. CONCLUSION From the above stated report it has been concluded that change management plan serves as a pathway to be followed by the business firms to execute and implement the changes through effective change management process. Change are inherent into the nature of business and is certain in nature which in turn make companies to have a well designed and effective change management plan so that necessary changes are made in business so that overall performance
and profitability of a company increases. Changes are made for the better execution of business operations so that company leads towards the overall success and growth in future.
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REFERNCES: Books and Journals: Bjørkan,M.,andet.al.,2020.WhenFishemenTakeCharge:TheDevelopmentofa Management Plan for the Red Shrimp Fishery in Mediterranean Sea (NE Spain). InCollaborative Research in Fisheries(pp. 159-178). Springer, Cham. Byers, A.C., and et. al., 2020. A Sustainable Solid Waste Management Plan for Sagarmatha (Mt Everest)NationalParkandBufferZone,Nepal.MountainResearchand Development,40(3), pp.A1-A9. Currell, M.J., and et. al., 2020. Science sidelined in approval of Australia’s largest coal mine.Nature Sustainability,3(8), pp.644-649. Hofman, M.S., and et. al., 2020. Prostate-specific membrane antigen PET-CT in patients with high-risk prostate cancer before curative-intent surgery or radiotherapy (proPSMA): a prospective, randomised, multicentre study.The Lancet,395(10231), pp.1208-1216. Marj, A.F. and Abadi, F.H.H., 2020. A nine-step approach for developing and implementing an “agricultural drought risk management plan”; case study: Alamut River basin in Qazvin, Iran.Natural Hazards,102(3), pp.1187-1205. Pour, S.H., and et. al., 2020. Low impact development techniques to mitigate the impacts of climate-change-induced urban floods: Current trends, issues and challenges.Sustainable Cities and Society,62, p.102373. Solan, M., and et. al., 2020. Benthic-based contributions to climate change mitigation and adaptation.Philosophical Transactions of the Royal Society B,375(1794), p.20190107. Vicente, D.,and et. al., 2021. US Navy’s response to a shipboard coronavirus outbreak: considerations for a medical management plan at sea.Military medicine,186(1-2), pp.23-26.