An integrated
approach is required to create maximum value
These studies show that it makes sense to work with a system
approach, and specifically across the CMAT model, rather than to work deeply in
one area to the exclusion of others. Why is this the case? Because the
compounded benefits of action (across the enterprise) will lead to a scale of
benefit tactical approaches themselves cannot achieve. For instance, there is
little sense in having excellently motivated people with clear objectives
managing customers who make a loss for the company. There is no benefit in
having a clear proposition aimed at the wrong customers. There is much more
value to be gained from measuring activities than just running them without
measurement. There is no point having an excellent IT system if it contains the
wrong data and people are not competent to use it, or the customer experience of
IT being used is poor. There is less value in managing enquiries well if the
targeting programme is poor, as the boxed example shows.
However, cross-enterprise planning and business-case
development rarely happen because planning and budgets are still mainly carried
out on a functional or departmental basis. It is therefore more difficult for a
company to coordinate this work so that more value can be created. We provide
some insights and guidelines on programme planning in the next chapter, but in this chapter we
go on to look at the prize from customer management for companies
today.