If customer relationships are so important, why does CRM implementation fail so often?

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2017-01-01
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Lemken, Russell
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Sridhar Ramaswami
Sekar Raju
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Altmetrics
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Theses & dissertations (College of Business)
Abstract

Customer relationship management (CRM) is a strategic tenet for many leading firms and an important area of research for marketing strategy scholars investigating strategy implementation. Yet, for decades academic and industry researchers have reported a high rate of failure for CRM implementation efforts. This dissertation describes a deep investigation of the microfoundations of strategy execution, using both inductive and deductive techniques. The three studies demonstrate the importance of a new strategy implementation construct called disciplined execution of strategy (DE), characterized through the lens of CRM strategy execution. DE is not the implementation of ongoing marketing activities, but is a marketing capability of interdisciplinary CRM teams that balances the demands of executing a new strategy with their need to protect ongoing customers relationships from the disruption that comes with change. DE is presented as a novel and compelling explanation for the variability of past CRM efforts, and as a promising prescription for practitioners to improve future CRM implementation results.

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Sun Jan 01 00:00:00 UTC 2017