IES Management College And Research Centre

Investigating the Strategic Interactions Among Gartner’s Eight Building Blocks of Successful Customer Relationship Management (Record no. 54970)

MARC details
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fixed length control field 02944nam a22001577a 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20240522151258.0
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Subhasish Das , Amiya Kumar Mohapatra , Debasis Mohanty and Sharad Chaturvedi
9 (RLIN) 38955
245 ## - TITLE STATEMENT
Title Investigating the Strategic Interactions Among Gartner’s Eight Building Blocks of Successful Customer Relationship Management
300 ## - PHYSICAL DESCRIPTION
Extent 8-25p
520 ## - SUMMARY, ETC.
Summary, etc Purpose : The present study intended to validate Gartner’s competency model (2001) in a real-world business scenario and to explore the strategic interactions among Gartner’s eight building blocks of successful customer relationship management (CRM).<br/><br/>Methodology : Based on the theory of the CRM maturity model (CRM3), Gartner’s competency model, and the existing literature, the study identified the eight characteristics/building blocks, namely CRM vision, CRM strategy, CRM information, CRM technology, valued customer experience, organizational collaboration, CRM process, and CRM metrics. The survey method was used to collect the data through a well-validated questionnaire from the employees of the select organized retail stores located in Bhubaneswar, Odisha. The responses of 174 employees were considered for the analysis, and confirmatory factor analysis and structural equation modeling were used to analyze the interactions among the eight building blocks of CRM and to test the hypotheses.<br/><br/>Findings : The results indicated the mediation of CRM information, valued customer experience, CRM technology, and organizational collaboration between CRM vision, CRM strategy, and CRM metrics. It also comprehensively explained how to implement the competency model proposed by Gartner. The study concluded that CRM can be best implemented in four phases: in phase one, firms must set CRM vision and strategy; in phase two, CRM information and technology; in phase three, valued customer experience, process, and organizational collaboration; and finally, CRM metrics.<br/><br/>Implications : This study aimed to bridge the gap in the literature by analyzing the relationships between Gartner’s eight CRM components and providing an explanation of “how and why” they interact. Additionally, it provided professionals and managers with appropriate methodologies and frameworks for the successful deployment of CRM.<br/><br/>Originality : This study stands out since it is the first of its type to validate Gartner’s competency model in a real-world business environment. Additionally, it looked into how these elements interact with one another and offered the augmented CRM framework for effective implementation.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term CRM vision, CRM strategy, valued customer experience, CRM process, organizational collaboration
773 0# - HOST ITEM ENTRY
Host Biblionumber 30302
Host Itemnumber 83607
Main entry heading GILANI, MEENAKSHI
Place, publisher, and date of publication INDIAN JOURNAL OF MARKETING 2012 NEW DELHI
Other item identifier 55514214
Title INDIAN JOURNAL OF MARKETING
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Serial Enumeration / chronology Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library On Display 21/05/2024 Vol 54, No 5 Marketing 55514214 21/05/2024 21/05/2024

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