Customer Relationship Strategies in Medical Device & Diagnostic Industry - Role of CRM and Knowledge Management

HBS Consulting
December 21, 2005
103 Pages - SKU: HBSC1197078
License type:
This HBS Consulting strategy review “Customer Relationship Strategies in Medical Device and Diagnostic Industry - Role of CRM and Knowledge Management ” will be of particular value to business development, marketing and top-line corporate personnel in the medical device and diagnostics industry. The report provide value, illustrating as it does with regularity throughout how not only the major medical device manufacturers but also middle-tier and smaller players manage these knowledge and customer relationship strategies to garner positive competitive advantage.

This HBS Consulting Strategy Review combines a primary and secondary research process to describe how medical device companies are using knowledge and relationship management strategies to better
  • identify up-sell and cross-sell opportunities,
  • identify partnership and collaborative agreements for new product development
  • identify creation of profit from interaction with key opinion leaders and influencers
  • realise increased collaboration with distributors to promote channel efficiencies
  • create more highly trained, motivated and pro-active sales forces
  • apply customer segmentation strategies to positively impact the bottom line and
  • manage employee knowledge to drive innovation
A number of case studies in the Review highlight :
  • how companies have used the results from information received through knowledge and customer relationship management strategies to achieve cost savings
  • increased revenue generation by integrating customer relationship management with better customer segmentation
  • the approach taken to achieve these end goals


 

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