GSP & Associates LLC
Achieving Growth Sustained Profitability

CRM Success & ROI

There are four ways of approaching the implementation of CRM:

 

  1. As a point solution for a specific function
  2. As a replacement for existing disparate point systems
  3. As an attempt to integrate action without a specific strategy
  4. As an enabler for managing with a new perspective

 

Most successful implementations of CRM have essentially been driven by point solutions.  The reason for this is simple, these installs typically are driven by a senior manager's vision for that function and are not complicated by integration with other functions.  The overlay approach (options 2 and 3) assume that CRM is a productivity tool and deploy the technology as a replacement for disparate existing systems.  In this context, the implementation is done without specific objectives or strategy relative to expected outcomes.  The result is always the same, run away budgets and questionable benefits which prove that "hope is not a strategy."  Option no. 4 implies that senior management recognizes CRM as an opportunity to manage the business on the basis of customer needs and profitability.  Success and ROI are dependent on the linkage of strategy, process, and definition of expected outcomes.  There are no short cuts and senior management must lead the effort.