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An integrated approach is required to create maximum value

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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.

[1]Woodcock, N, Starkey, M and Stone, M (2001) The customer management scorecard: the state of the nation, Business Intelligence.

[2]Doyle, P (2001) Value Based Marketing: Marketing strategies for corporate growth and shareholder value, Wiley, Chichester.

[4]Lowenstein, M (2001) Customer service in decline, Marketing Business (October), p 12.

[7]Woodcock, N (2000) Does how customers are managed impact on business performance?, Interactive Marketing, 1 (4) (April/June).



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