Forex advantage blueprint pdf

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You should not start up trading with real money if you do not have a possibility to loose it. Before depositing funds consider carefully your financial knowledge and appetite for risk. The service blueprint is a technique originally used for service design and innovation, but has also found applications in diagnosing problems with operational efficiency. The technique was first described by G.

Lynn Shostack, a bank executive, in the Harvard Business Review in 1984. A simple way to think about blueprints is as a process chart which consists of inputs, process and outputs. A service blueprint is always constructed from the customer’s perspective. Customer Actions: The steps that customers take as part of the service delivery process.

Actions: Steps taken by contact employees as part of the face-to-face service encounter. Non-visible steps taken by contact employees behind the line of visibility. Support Processes: Activities carried out by employees who are not contact employees, but whose actions are required for the service to be delivered. Physical Evidence: Tangible elements associated with each step that has the potential to influence customer perceptions of the service encounter e. Line of Implementation which separates management zone from the support zone. That is management are responsible for planning and controlling while support activities include preparation. The service blueprint has become one of the most useful tools in the services marketer’s repertoire.

Since its original development, a number of scholars have sought to increase its usefulness by adding various modifications that provide additional information and more demarcations. Zeithaml and Bitner recommend adding four lines to the map. Simple Representation A basic application for blueprints is as a simple form of representing or codifying what is actually occurring in the current operation. In visual form, the blueprint can be used in training programs, employee manuals to help clarify service processes.

Blueprints may be used in market research as a means of helping respondents to visualise aspects of a service that may be the focus of an investigation. The blueprint can be analysed in terms of the appropriateness of physical evidence provided at each contact point as well as the suitability of contact personnel in relation to activities. In the event that any deficiencies are identified by the blueprinting process, management can develop operational standards for critical steps in the process. It can be seen as a two dimensional map in which the horizontal axis represents time and the vertical axis represents the basic steps in the process.

A line of visibility is included to separate actions visible to the customer from actions out of sight. The process of structuring a blueprint involves between five and seven steps, depending on the intended application. From the outset, the blueprint was designed to be seen from the customer’s perspective while simultaneously providing insights for management. Identify activities, sequence of activities and linkages between activities. Identify line of visibility and add to blueprint.

Identify standards and tolerances, scripts, operating procedures, supporting services and inventory for each step and add to blueprint. Show average timing or minimum tolerable customer expectations for each step and indicate responsible personnel. Identify and note fail points and excessive waits. Traditionally, service blueprints have been depicted with lines and text boxes to depict anything from user actions to support processes. Fail points, bottlenecks and average time taken for each step can also be added at the analyst’s discretion. The amount of information included in the service blueprint largely depends on how it is to be used.