Innovative use of information from CRM systems to create strategic actions of companies on the market: A catalogue of good and bad business practices

Abstract

This article analyzes the problem of making functional objectives of the innovative CRM system. The CRM systems are commonly implemented in enterprises by modern organizations expansively developing on the market. Each of them, however, tends to apply the developed strategy in an individual way that frequently surprises the market and its customers. They are derivatives of functional strategies implemented by companies, the cohesion level of which is frequently different. Due to the specific nature of these IT projects that integrate knowledge about the company’s business processes and its surroundings, the strategic thinking is exceptionally essential. This is proved by the holistic approach to the development of CRM’s functionality, considering the necessity to modify and implement it in the future. The author analyzed some selected erroneous practices that may occur at the stage of planning and implementing CRM in the organization, identifying such errors as: users wrongly fill out records in CRM (fictional INPUT data), wrong segmentation of customers by CRM (fictional OUTPUT data), generation of reports inconsistent with CRM (no option to transform data into information and knowledge for the organization), problem with current coordination of the scope of works concerning modifications of previous functionalities of CRM.

Authors and Affiliations

Paweł Antonowicz

Keywords

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  • EP ID EP152870
  • DOI -
  • Views 72
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How To Cite

Paweł Antonowicz (2014). Innovative use of information from CRM systems to create strategic actions of companies on the market: A catalogue of good and bad business practices. Zeszyty Naukowe Małopolskiej Wyższej Szkoły Ekonomicznej w Tarnowie, 25(2), 17-25. https://europub.co.uk/articles/-A-152870