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Change Management Can Lead to Rigidity and Resistance to Change
"Today's successful business leaders will be those who are most
flexible of mind. An ability to embrace new ideas, routinely
challenge old ones, and live with paradox will be the effective
leader's premier trait. . . Leaders will have to guide...
Crisis Management - or managing the crisis?
There's a world of difference between having a strategically crafted crisis management plan in place and simply having to manage a crisis, "from the back foot." The world was served a painful reminder on the subject, by the inept and vintage...
Get Rid Of Your Asset Management Problems Once And For All
If you are a business owner, even the owner of a part-time lawn mowing service, you still need to pay attention to financial asset management. I am the owner of a small business. I work out of my home and rarely need credit or payments for...
The Difference Between Typical Project Management And Six Sigma Project Management
The Project Management Body of Knowledge (PMBoK) became an
accepted standard (as established by the Project Management
Institute) that is still widely used in many industries around
the world. At a basic level, many of the methodologies...
Time Management for Your Home Based Business
Time management is key to running your home based business, as there often does not seem to be enough hours in the day to do all the things you want to do. However, if you focus your energy and know how to prioritize, you will find that your...
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Customer Relationship Management - brief history and benefits
Customer Relationship Management (or CRM) puts the customer at
the centre of all activities within a company. We well know that
with the beginning of e-commerce comes the e-customer. So, a
customer relationship management solution helps the company
learn more about the customer's needs, complains and other and
makes any knowledge gained through interaction with the
customer. The general benefits of customer relationship
management solutions include much better communication with the
customer, increased effectiveness and efficiency when dealing
with a customer and complete understanding of the customer. But,
the main goal of customer relationship management is achieving
better customer loyalty.
I will now put in the article a brief history of customer
relationship management. As global competition has increased and
products became harder to separate from one to another, the
enterprises begun moving from the product-centric view to a
customer-centric one. It came clearly as the next step in the
e-commerce evolution because of the constant customer wanted
access to a company through e-mail, faxes and web sites along
with a constant demand for response with a personalized touch.
The concept of customer relationship
management seemed to appear
in 1992 and then, in 2000 it was acquired by enterprise resource
planning (ERP) company. Traditional ERP applications did not
include the customer relationship management aspect, so, it was
just the next logical step. The network and Internet technology
has matured during the time, and now, the customer relationship
management has now found its place in the world.
Several enterprises are now turning to customer relationship
management strategies and solutions to gain a better knowledge
and understanding of their customers along with their needs and
complaints. The benefits of customer relationship management
solutions could be: increased efficiency through automation,
deeper understanding of customers, identifying the most
profitable customers and many other.
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