CRM method - optimize productivity, increase business competitiveness

Nam Dương |

Customer relationship management (CRM) is the most practical, powerful and effective method for maintaining productivity in businesses and creating customer relationships, according to experts from the Vietnam Productivity Institute.

Customer relationship management is not only related to business operations but also closely related to each individual or the power of ideas in each business person. However, most business organizations have in common that they perform the work of maintaining and managing customer relationships associated with their daily business tools, only a few organizations really understand and invest appropriately with more specialized CRM systems.

A simple CRM system is simply the application of software to track customer data. However, a more complex system requires a combination of factors: information, people, policies, and the company's efforts to attract and retain customers.

Quan ly quan he khach hang (CRM) la mot phuong phap giup doanh nghiep tang nang suat, canh tranh tren thi truong. Anh: Nam Duong
Customer relationship management (CRM) is a method to help businesses increase productivity and compete in the market. Photo: Nam Duong

CRM strategy involves almost all departments of an organization such as finance, sales, manufacturing, distribution, marketing, etc. Therefore, it is essential to get support from many people in different departments within the company and fully utilize their important feedback during the CRM strategy development process. Each person and each department needs to be kept informed about all developments and implementations throughout the process that have been and are being implemented. Everyone should also be emphasized about the positive approaches and the final results of the strategy.

After communication and commitment across the organization, the next crucial step in the CRM strategy development process is to create a high-quality, high-value implementation project team. Each team member needs to be experienced, dedicated, and professional, because each member is a key factor in the success of the entire development process. They will be responsible for communicating all the details and benefits related to the CRM strategy to all other members of the organization. The team members will ensure that all aspects of the strategy work effectively.

Sales and marketing in CRM are very important. Productivity experts believe that these are the end users of the CRM system once the strategy is established and implemented. The CRM strategy application is only successfully responded to once these end users feel comfortable and satisfied through using all the features of the program. Conversely, end users are also responsible for timely and accurate feedback on the limitations and difficulties of the program so that the development department can further improve it.

CRM strategy also needs to be considered from a financial perspective. Financial experts also need to provide analysis of the effectiveness, costs, and estimated costs of the entire project.

Productivity consultants and CRM vendors provide businesses with a CRM strategy that drives productivity. These are often hired to provide input during the development process. Experienced professionals in the field help analyze the organization’s actual business needs and work professionally to review and approve complex business structures.

After implementing CRM management, businesses need to measure and confirm whether customer satisfaction has been improved compared to before CRM was implemented systematically. It is necessary to provide a number of indicators to confirm customer satisfaction, these indicators must ensure consistency with CRM goals and strategies. From the basis of measurement, it is necessary to identify and plan for improvement to ensure that it is always consistent with business strategy and customer relations.

Nam Dương
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