CRITIQUE PAPER 4
and customer satisfaction. Quality management in CRM should also be able to offer
the employees with processes and information that are important for them to have
a good understanding of their customers, their needs and in the process develop
relationship within the company.
This definitive approach is quite broad and incorporates the necessary steps
needed in successful implementation of internal components for CRM
implementation (Eichorn , 2018).
Implications
According to the findings from the article, more than half of CRM projects
showed no measurable results. In fact CRM has continuously ranked in the bottom
three when it comes to customer satisfaction amongst a list of 25 technology tools.
This shows that CRM leads to damage customer relationship. Most companies are
dissatisfied with CRM projects to the extent that there has been an increase in legal
suits leveled towards the vendors (Eichorn , 2018).
Competition in the service sector dictate that firms get innovative with new
strategies. The penetration of the Internet in addition to other technological
advances has lowered the switching costs between vendors. The quality of service
has thus become a predominant strategy in the process of differentiation and
creating competitive advantage. Most firms are increasingly outsourcing functions
that are associated with CRM externally. This includes functions like call centers,
human resource, telemarketing and accounting. This subdivision present a great
challenge in the process of ensuring that customers have a positive experience and
that internal systems are integrated and connected.