How to Build a Strategic Stakeholder Network?

English - Ngày đăng : 15:10, 22/11/2024

Customer satisfaction is a crucial metric in strategic decision-making, yet many leaders fail to fully capitalize on its advantages.
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Customer satisfaction is a crucial metric in strategic decision-making, yet many leaders fail to fully capitalize on its advantages.

Customer Fulfillment in the Supply Chain

In the context of supply chain management, which increasingly integrates advanced technologies and data-driven decision-making, customer fulfillment leaders are transitioning from traditional operational roles to strategic positions. This shift requires not only ensuring efficient order processing and delivery but also leveraging data analytics and customer insights to implement initiatives that enhance customer satisfaction while aligning with broader business goals.

For example, Unilever employs artificial intelligence (AI) and machine learning (ML) techniques to optimize granular forecasting and inventory replenishment. In collaboration with Walmart Mexico, Unilever developed a cloud-based platform providing detailed store inventory data that is regularly updated. Unilever's algorithms continuously monitor trends and opportunities, allowing for refined forecasting and replenishment strategies at an intricate level.

Customer Satisfaction as a Strategic Priority

According to Gartner, 69% of organizations believe that customer satisfaction will become the most critical metric for strategic decision-making by 2026. Despite this, many customer fulfillment leaders fail to take advantage of their proximity to customers due to limited influence and underdeveloped stakeholder networks.

Strategic Mission of Customer Fulfillment

Customer fulfillment management is increasingly recognized as a strategic function integral to achieving corporate goals. In 2023, 43% of organizations cited customer service delivery and support as the most valuable attribute for corporate success. Nevertheless, this function often remains in a support role, lacking the necessary influence to drive enterprise-wide strategic decisions.

The Solution: By building a robust stakeholder network, customer fulfillment leaders can shift from isolated points of influence to creating organization-wide impact. This enhances their strategic role and ensures alignment with the long-term objectives of the business.

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Building a Strategic Stakeholder Network

To elevate the role of customer fulfillment to that of a strategic partner, leaders must build a network of influential stakeholders. The first step is creating a stakeholder map to identify cross-functional allies who can support customer fulfillment initiatives. Potential stakeholders include senior leaders and influential individuals from related departments such as warehousing, marketing, and sales. For instance, the Chief Marketing Officer (CMO) might back real-time order visibility initiatives, leveraging this capability to improve brand transparency and customer satisfaction.

Steps to Build a Stakeholder Map

  1. Identify Key Individuals: Recognize those who have a vested interest in the success of customer fulfillment, possess the ability to influence others, hold decision-making power, and are respected voices within the organization.
  2. Understand Stakeholder Motivations and Concerns: Analyze their objectives and interests to tailor engagement strategies that align with the overarching goals of the organization.

By systematically identifying and engaging stakeholders, customer fulfillment leaders can position their function as a strategic asset, contributing to organizational growth and success.

Planning and Engaging with Stakeholders

After identifying stakeholders, leaders must evaluate their influence, level of engagement, and perspectives on customer fulfillment initiatives. Categorizing stakeholders into groups such as Mobilizers, Talkers, and Blockers helps define appropriate engagement strategies. Mobilizers are key allies capable of rallying organizational support; Talkers are willing to engage but lack the capacity to drive change; Blockers resist change and prioritize stability.

Engagement Strategies:

  • For Blockers: Understand their motivations and interests, negotiate to find common ground, and turn resistance into support.
  • For Mobilizers: Empower them to become advocates for initiatives, spreading the message across the organization.
  • For Talkers: Leverage their feedback to refine strategies and enhance the feasibility of initiatives.

By creating a detailed and tailored engagement plan for each stakeholder group, customer fulfillment leaders not only strengthen relationships but also lay the groundwork for long-term strategic change within the organization.

Achieving Strategic Influence

The ultimate goal for customer fulfillment leaders is to achieve consistent organizational influence, driving strategic decisions with broad impact. This can be accomplished by evolving the role of customer fulfillment management from a supportive function to a strategic one and placing initiatives such as service improvements, product innovation, and customer experience optimization at the heart of corporate objectives.

Example: Pioneering organizations like Amazon have utilized logistics data not only to improve delivery speed but also to personalize customer experiences. This demonstrates that combining strategy and operations is critical to maintaining competitive advantages.

Customer fulfillment management has progressed far beyond its traditional role as a purely operational function. In the era of technology and data, this function has the potential to become a strategic driver, delivering significant value to businesses by enhancing customer satisfaction and loyalty.

The Path to Sustained Impact

To truly achieve strategic influence, customer fulfillment leaders must build a robust network of stakeholders and deeply understand their needs and objectives. Developing initiatives such as personalized communication, demonstrating thought leadership, and participating in high-profile projects strengthens their position within the organization.

To stay competitive in an increasingly demanding business environment, organizations must leverage customer fulfillment as a strategic tool, keeping customers at the center of every decision and action. This approach not only enhances the customer experience but also serves as a gateway to growth opportunities and sustainable success in the future.

In summary, customer fulfillment leaders need a broader vision that transcends operational boundaries and embraces the role of strategic leaders. Success will favor those who transform customer satisfaction into a competitive advantage and a core element of business strategy.

By Van Tam