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Revenue Assurance
Academy |
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Useful Links
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IT510:
Business Intelligence Based Churn
Solutions
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More
and more revenue assurance teams are being asked to get involved in
issues of churn management. Churn represents one of the biggest
risks to the companies hard earned revenue streams, and is often
the least understood in
terms of the actual financial impacts.
Duration:
3 days
Overview:
The course covers two aspects of
churn and churn management.
First – it reviews the current ‘state of the art’ when it comes to
understanding and working to combat churn..
Second – it covers
core concepts and application of the revenue assurance disciplines
to the problem.
The first part of
the class covers a broad range of topics and best practices,
offering organizations some fresh perspectives, a shared vision, and
a common vocabulary for dealing with issues of management, strategy
and tactical execution when it comes to the issues of churn
management.
Topics covered
include:
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Introduction to churn
management |
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Review of the many
different definitions of churn, and the different ways to measuring,
assessing and addressing it |
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CRM
“postures” and the different ways telcos create churn with
mistakes made in marketing, product development, pricing, and
customer misappraisal
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Keys to developing and
using churn prediction models |
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Different ways to
detect, monitor and address churn |
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Customer loyalty
management profiling |
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Getting your entire
organization to understand and participate in an ROI-based loyalty
posture |
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How to organize your
churn management activities and teams for optimum efficiency and
impact (Churn Management Mission, Scope And Staffing)
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Churn Management
functions and techniques (Valuation, Root Cause Analysis,
Measurement, Scoring, Prediction, Program Targeting, Program Design,
Program Execution, Program Delivery) |
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Financial and strategic
implications of churn management (Churn Management Return on
Investment) |
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Strategic churn
tracking (Churn Risk Mapping Methodology) |
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Strategic
prioritization of churn management activities (Risk-Based Churn
Management Posture) |
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A systems perspective
on churn management (The Churn Management Architecture)
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The critical future
role of churn management in 3G, Triple Play, WiMAX and other new
business model roll-outs |
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How to position your churn management
organization for leadership in the future of telco management
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In addition to
these management level churn management topics, we also include an
extensive and detailed set of training classes focused specifically
on understanding each of the links in the churn management chain,
the different best practices in churn detection, and the standard
churn detection and prevention tools, procedures and reports for
each area. This includes training in industry best practices-based
churn detection, prevention, reporting, and the development of
high-impact, low cost campaigns that integrate and leverage the
efforts of:
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Sales
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Call Center
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Marketing
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Product Development
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Pricing |
The depth of
exploration into the topics can also be
tailored to the experience level of the
students. Our classes can address any experience level, from the
novice with no exposure to the discipline up to the person who needs
an overall understanding of churn management. We can also integrate
specific operational systems or specific software capabilities into
the training when appropriate.
After developing
this understanding of the problem space and related issues, the
course then delves into the application of Forensics, Corrections
and the establishment of operational monitoring and controls to stay
on top of churn risk exposure and to give management confidence that
an appropriate amount of time and energy is being invested in that
particular aspect of the business.
click here for Upcoming Events
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