What makes Customer Value Management projects really work? How do you make sure things go smoothly and you get great results? In this episode, we're going to explore the key things that lead to successful Telco CVM projects. Our guest, Ignas Zurauskas, is an expert in this field and will share insights that can help you in your own CVM work.
00:19 - Guest intro
01:17 - Account Managers role
02:39 - CVM Maturity Assessment
04:24 - Top challenges in CVM teams
06:25 - Over communication with customers in Telco
07:36 - Irrelevant offers and lack of customer perspective
10:00 - Bottlenecks in improving ARPU and churn reduction
12:53 - Basics before AI
14:25 - Implementing transformations all at once
16:32 - Reasons of big bang transformations
18:14 - Challenging CVM areas in Telco
18:51 - Improving CVM processes
19:41 - Data quality challenges
21:39 - Customer insight & communication issue
25:20 - Coordination between CVM teams, products, and channels
27:32 - Full customer centricity
28:58 - Offer relevance and recalculating recommendations
30:08 - Inconvenient user interfaces for agents
33:10 - Visibility of end-to-end process
35:28 - Overcoming organizational silos
36:30 - Success case of improving communication
40:23 - Key elements for successful CVM projects
43:06 - Advice for CVM teams
45:49 - Unconventional travel for de-stressing
50:42 - Proudest moments in CVM work
52:59 - Failures and lessons learned
56:33 - Book recommendations:
"Problem Solving 101": https://www.amazon.com/Problem-Solving-101-Simple-People/dp/1591842425
"The Major Sales Account Strategy" : https://www.amazon.com/Major-Account-Sales-Strategy-Rackham/dp/0070511144
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