Customer Retention in the Automotive Industry: Quality, by Michael D. Johnson, Andreas Herrmann, Frank Huber, Anders

By Michael D. Johnson, Andreas Herrmann, Frank Huber, Anders Gustafsson

The intensely aggressive international automobile is in the middle of either a high quality evolution and administration transfonnation. In an evolutionary style, realization has improved from a spotlight on inner caliber, to exterior perceptions of shopper pride, to next buyer retention and profitability. extra transfonnational is the switch within the manner car businesses function and deal with themselves. An as soon as ruled at a product point by means of engineering and a administration point by way of fmance is turning into a go useful, consumer orientated undefined. figuring out the hyperlinks from caliber to pride to retention has develop into a key to monetary and organizational luck because the car enters the hot millennium. we're lucky, during this regard, to have assembled a various workforce of either educational and automobile members to supply a number of insights into those hyperlinks. After describing the continued adjustments within the automobile in additional element, this introductory bankruptcy describes a framework for linking caliber, pride, and retention. The framework is used to introduce all of the person chapters and spotlight its contribution. even if our basic emphasis is at the automobile undefined, the results of the examine and classes realized expand a ways past. If something, the car is a prototypical aggressive, worldwide that faces a myriad of industrial concerns. those contain, between others, concerns concerning product improvement, carrier improvement, approach development, product caliber, provider caliber, provider relationships, inner client pride, exterior patron pride, retailing, advertising, pricing, franchising, and expertise management.

Show description

Read Online or Download Customer Retention in the Automotive Industry: Quality, Satisfaction and Loyalty PDF

Similar management science books

Asia's Debt Capital Markets: Prospects and Strategies for Development (The Milken Institute Series on Financial Innovation and Economic Growth)

This quantity contains reviews by way of best learn students within the usa and Asia on Asia’s debt capital markets. The booklet is exclusive in drawing upon the examine, event and views of specialists from the educational, felony, governmental and sensible funding fields. They investigate the dangers and possibilities, and methods for constructing those markets.


On a daily basis, clients see the result of businesses the place fiefdoms have shaped and silos create divisional or departmental strife: bad revenues and earnings, and lackluster items. it isn't difficult to work out that such businesses are headed for an early grave. whatever the demeanour during which corporation fractures happen themselves, tech leaders needs to give you the chance to rid their places of work of the divisions that threaten to undermine their company's productiveness, earnings, and survival.

The Theory and Practice of Change Management

Why are a few agencies, akin to Google, Toyota and Xerox, such a success, whereas others appear destined to fail? the reply lies in how they deal with switch. New know-how and laws, blurred organizational barriers, and an more and more globalized crew current possibilities and threats that managers needs to deal with if corporations are to outlive and prosper.

Additional resources for Customer Retention in the Automotive Industry: Quality, Satisfaction and Loyalty

Example text

The specific goals of this project were to: • Identify customer requirements and convert these into measurable targets • Compare the performance of Volvo's manual gearbox to the best of the competitors' from both technical and customer satisfaction viewpoints 30 • IdentifY engineering and parts characteristics with the greatest improvement potential for meeting and exceeding customer expectations in the future Considering the background and the goals of the project it was an natural choice for Volvo to use QFD.

Power's IQS studies in which the car is divided into 12 areas such as the engine, paint, interior and so on. In the 1996 IQS study Volvo achieved "world class" in 7 out of the 12 areas. The same study also shows that Volvo's Car plants are in 1st and 3rd place in Europe. These are certainly not results that Volvo can rest upon, but the company is moving in the right direction in terms of quality and customer satisfaction (Flodin and Nelson 1996). As illustrated by the case study, QFD has played an important role in Volvo's improvement efforts but it is just one of many tools that Volvo has used to improve its performance.

For Volvo this meant that it: • Had to be able to predict the results which its most successful competitors will achieve in the years immediately ahead. • Had to be capable of translating its targets into engineering characteristics. • Had to develop detailed action lists and plans for both hardware and software. • Had to monitor these action lists and plans continuously and modify them as required. lt> Model year '96 V 2S0 22S Prediction Moddyur '97 vee 200 Prediction 175 I SO To"el J lodel y..

Download PDF sample

Rated 4.80 of 5 – based on 10 votes