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Developing a Global CRM Strategy

Developing a Global CRM Strategy

Michael Shumanov, Michael Ewing
Copyright: © 2008 |Pages: 14
ISBN13: 9781599049472|ISBN10: 1599049473|EISBN13: 9781599049489
DOI: 10.4018/978-1-59904-947-2.ch046
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MLA

Shumanov, Michael, and Michael Ewing. "Developing a Global CRM Strategy." Electronic Government: Concepts, Methodologies, Tools, and Applications, edited by Ari-Veikko Anttiroiko, IGI Global, 2008, pp. 529-542. https://doi.org/10.4018/978-1-59904-947-2.ch046

APA

Shumanov, M. & Ewing, M. (2008). Developing a Global CRM Strategy. In A. Anttiroiko (Ed.), Electronic Government: Concepts, Methodologies, Tools, and Applications (pp. 529-542). IGI Global. https://doi.org/10.4018/978-1-59904-947-2.ch046

Chicago

Shumanov, Michael, and Michael Ewing. "Developing a Global CRM Strategy." In Electronic Government: Concepts, Methodologies, Tools, and Applications, edited by Ari-Veikko Anttiroiko, 529-542. Hershey, PA: IGI Global, 2008. https://doi.org/10.4018/978-1-59904-947-2.ch046

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Abstract

While the managerial rationale for adopting customer relationship management (CRM) has been fairly well articulated in the literature, research on strategy development is scant. Moreover, reports of “CRM failures” in the popular business press have done little to inspire confidence. To date, what little research has been conducted in the area of CRM strategy development has been confined to a single country (often the U.S.). Global CRM strategy development issues have yet to be specifically addressed, particularly which elements of CRM strategy should be centralised/decentralised. The present study examines the complexities of global CRM strategy using the case of a leading financial services company. Interviews are conducted in 20 countries. Global Head Office and external IT consultant perspectives are also considered. Our findings confirm that a hybrid approach has wide practical appeal and that subsidiary orientation towards centralisation/decentralisation is moderated by firm/market size and sophistication.

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