A strategic framework for the optimization of customer relationship management in SMEs

Customer relationship management (CRM) has been a topic of increased interest during the last decades, for both academics and practitioners. According to the literature review, there has been a variety of scopes and disciplines from which CRM has been addressed. However, CRM in an SME context has...

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Bibliografiset tiedot
Päätekijä: Paraschou, Konstantina
Muut tekijät: Kauppakorkeakoulu, School of Business and Economics, Taloustieteet, Business and Economics, University of Jyväskylä, Jyväskylän yliopisto
Aineistotyyppi: Pro gradu
Kieli:eng
Julkaistu: 2016
Aiheet:
Linkit: https://jyx.jyu.fi/handle/123456789/52521
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author Paraschou, Konstantina
author2 Kauppakorkeakoulu School of Business and Economics Taloustieteet Business and Economics University of Jyväskylä Jyväskylän yliopisto
author_facet Paraschou, Konstantina Kauppakorkeakoulu School of Business and Economics Taloustieteet Business and Economics University of Jyväskylä Jyväskylän yliopisto Paraschou, Konstantina Kauppakorkeakoulu School of Business and Economics Taloustieteet Business and Economics University of Jyväskylä Jyväskylän yliopisto
author_sort Paraschou, Konstantina
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description Customer relationship management (CRM) has been a topic of increased interest during the last decades, for both academics and practitioners. According to the literature review, there has been a variety of scopes and disciplines from which CRM has been addressed. However, CRM in an SME context has been understudied which implies that current literature has been highly driven and shaped by large scale enterprises. This thesis contributes to the examination of the aforementioned research gap. By conducting a single-case study, significant attributes of SME‘s context were analysed and important insights were presented. The aim of this research has been to address CRM from a strategic perspective as a holistic strategic approach to managing and enhancing targeted customer relationships in order to create customer and shareholder value. In this way the full potential of CRM for an organisation can be realized. Two integral parameters have been leading this research, namely, industry and organisational context, as those were identified by the author as key influencers of CRM strategic planning. Furthermore, customer norms and characteristics are encompassed in this research. The findings reveal that a CRM strategy should be organisation specific, context related and strategically aligned with the vision and targets of an organisation. Therefore, understanding and evaluating the current position of an organisation, its internal structure, and its industry norms is the first step to a strategic CRM approach. The proposed strategic framework for CRM emphasises this need for business intelligence and evaluation of the current position before implementing any CRM system. Especially in a fast paced industry where norms imply quick decision making processes and strategic manoeuvring, change management rises as a critical attribute of SMEs. Furthermore, the need for an adaptation period and permeation of fundamental strategic changes among human resources, prior to any radical change in CRM strategy and processes is emphasized by the results of this research.
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According to the literature review, there has been a\r\nvariety of scopes and disciplines from which CRM has been addressed. However, CRM in an\r\nSME context has been understudied which implies that current literature has been highly driven\r\nand shaped by large scale enterprises.\r\nThis thesis contributes to the examination of the aforementioned research gap. By conducting a\r\nsingle-case study, significant attributes of SME\u2018s context were analysed and important insights\r\nwere presented. The aim of this research has been to address CRM from a strategic perspective as\r\na holistic strategic approach to managing and enhancing targeted customer relationships in order\r\nto create customer and shareholder value. In this way the full potential of CRM for an\r\norganisation can be realized. 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spellingShingle Paraschou, Konstantina A strategic framework for the optimization of customer relationship management in SMEs Yrittäjyys Entrepreneurship 20422 asiakkuudenhallinta strategia pienet ja keskisuuret yritykset asiakkaat
title A strategic framework for the optimization of customer relationship management in SMEs
title_full A strategic framework for the optimization of customer relationship management in SMEs
title_fullStr A strategic framework for the optimization of customer relationship management in SMEs A strategic framework for the optimization of customer relationship management in SMEs
title_full_unstemmed A strategic framework for the optimization of customer relationship management in SMEs A strategic framework for the optimization of customer relationship management in SMEs
title_short A strategic framework for the optimization of customer relationship management in SMEs
title_sort strategic framework for the optimization of customer relationship management in smes
title_txtP A strategic framework for the optimization of customer relationship management in SMEs
topic Yrittäjyys Entrepreneurship 20422 asiakkuudenhallinta strategia pienet ja keskisuuret yritykset asiakkaat
topic_facet 20422 Entrepreneurship Yrittäjyys asiakkaat asiakkuudenhallinta pienet ja keskisuuret yritykset strategia
url https://jyx.jyu.fi/handle/123456789/52521 http://www.urn.fi/URN:NBN:fi:jyu-201612255253
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