Managing customer expectations in global account relationships - Case: Customer relationship between two multinationals in the IT-industry

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School of Economics | Master's thesis
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Date
2012
Major/Subject
International Business
Kansainvälinen liiketoiminta
Mcode
Degree programme
Language
en
Pages
82
Series
Abstract
Objective of the Research Global account management has become a critical task for many multinational corporations as they seek to answer customers’ demands. The purpose of this study is to develop a framework for managing client expectations in global services delivery so that it supports long-lasting customer relationships, creates trust and better customer satisfaction and eventually helps in creating strategic partnerships. In the literature review global account management in multinational corporations, in cross-cultural business environment, and the relation between expectations and customer satisfaction is discussed and the empirical part supplements the literature review by deep diving into one customer relationship. Methodology This study is qualitative in nature and the research method utilized is a case study. The research material is collected in two ways. The literature review builds the theoretical foundation for the research and the empirical research material is derived from eight (8) semi-structured interviews with both the supplier and the customer company’s management and with customer end-users. Findings and Conclusions A theoretical model on managing customer expectations in global account relationship was built and the examination of these factors in the case setting showed that the framework was confirmed and supported. However, the empirical evidences also suggest that there are also some additional factors that have a significant impact on customer expectations in a global account relationship. The study’s main scientific contributions arise from the synthesis of existing research from the fields of global account management, customer satisfaction and expectations. Also, the results of the previous studies are tested. This study further strengthens the view that companies should take cultural differences into account when building a global account relationship and that in order to build a successful customer relationship customer expectations should be managed globally taking all organizational levels into account. The results of this study are useful especially for global account managers and account managers in the IT-industry.
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Keywords
global account management, expectations, customer satisfaction, cross-cultural differences, communication
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