In today’s highly
competitive world, an increasing number of organizations have realized the importance
of becoming more customer-centric and invested a large amount of time and
resources in a Customer Relationship Management (CRM) system with the aim of
better managing their customers. A large number of CRM projects, however, end
up failing or struggling. While many studies have been conducted about
methodologies, tools, and theoretical conceptualizations of CRM, there is
little, if any, emphasizing the critical steps and key challenges to its
successful implementation.
CRM can help organizations
manage customer interactions more effectively to maintain competitiveness in
the present economy. As more and more organizations realize the significance of
becoming customer-centric in today’s competitive era, they adopted CRM as a
core business strategy and invested heavily. CRM, an integration of information
technology and relationship marketing, provides the infrastructure that
facilitates long-term relationship building with customers at an
enterprise-wide level. Successful CRM implementation is a complex, expensive
and rarely technical projects. This paper presents the successful
implementation of CRM from process perspective in a trans-national organization
with operations in different segments. This study will aid in understanding
transition, constraints and the implementation process of CRM in such
organizations.
Thanks
ReplyDeleteCRM can help organizations manage customer interactions more effectively to maintain competitiveness in the present economy. And it also help you figure out customer demand of individual products, and sales improvement as well. Part of the solution is making sure everyone on your team is on the same page in regards to sales prospects. Collaboration via sales tools such as Panxpan's sales pipeline module can help with this.
ReplyDeleteCRM system is an excellent platform to measure different metrics of a company, an integration of information technology and relationship marketing, provides the infrastructure that facilitates long-term relationship building with customers at an enterprise-wide level. I really enjoyed reading about how projects on customer relationship management is actually works.
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