• DocumentCode
    2938538
  • Title

    Application of Theory of Inventive Problem Solving in Customer Relationship Management

  • Author

    Movarrei, Reza ; Vessal, Sara R.

  • Author_Institution
    Project Manage. R&D Center, PIDM Co., Tehran
  • Volume
    1
  • fYear
    2006
  • fDate
    21-23 June 2006
  • Firstpage
    263
  • Lastpage
    267
  • Abstract
    In today´s competitive world it is not easy to attract costumers and keep them loyal just because of existence of rigorous competition and the increase of customer awareness about competing products or services. It is often said that attracting a new customer will cost 3 up to 5 times more than retaining a current one. So it is of great importance for a company to make its present customers loyal through better relationships with them. Methods and techniques applied by different companies to manage and improve their relationship with different customers, vary considerably and most of them are experimental. These methods and techniques are classified under the title: ´Customer Relationship Management´ or ´CRM´. In the meantime, theory of inventive problem solving (TRIZ) suggests that anything which has an innovative nature, like methods and techniques of CRM, can be made systematic. So in the first stage of this research, authors tried to extract CRM tricks applied by the well-known American retailer, Sears. Then they were sorted with regard to TRIZ principles. Results are shown here through a representative description of Sears´s operations. Then a comparison between CRM tricks and TRIZ 40 inventive principles is made. For better recognition of the relationship, both the tricks and the principles are shown in groups. Based on analysis of this comparison, analogies have been developed to help and facilitate development of new CRM tricks in future. In the conclusion section some major difficulties of TRIZ application in CRM is discussed
  • Keywords
    customer relationship management; innovation management; retailing; CRM; TRIZ; customer relationship management; innovative method; inventive principles; inventive problem solving theory; marketing; retail business; Costs; Customer relationship management; Data mining; Innovation management; Management information systems; Problem-solving; Project management; Research and development; Technological innovation; Testing; 40 Inventive Principles; Customer Relationship Management (CRMRM); Marketing; Retail Business; Theory of inventive problem solving (TRIZ);
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management of Innovation and Technology, 2006 IEEE International Conference on
  • Conference_Location
    Singapore, China
  • Print_ISBN
    1-4244-0147-X
  • Electronic_ISBN
    1-4244-0148-8
  • Type

    conf

  • DOI
    10.1109/ICMIT.2006.262164
  • Filename
    4035836