Far-sighted Pragmatism: the Third Wave of Customer Management
Indianapolis, IN (Vocus) February 7, 2008
Consona CRM, a leading provider of total customer management solutions for the enterprise, today announced its sponsorship of a research paper entitled, "Far-sighted Pragmatism: the Third Wave of Customer Management," written by Webster Buchanan Research's Keith Rodgers and David Longworth. The study presents a new approach to total customer management (TCM), combining the early vision of customer relationship management (CRM) with the practicalities of execution needed to generate results in today's CRM initiatives.
According to Rodgers and Longworth, "The mixed success rate of CRM projects over the last decade has left a difficult legacy, fuelling suspicions about new initiatives and prompting many organizations to rein in their ambitions [and] in recent years CRM has been much more about tactical projects and short-term goals."
The analysts propose that melding the pioneering principles of CRM as a business philosophy with a better understanding of what is achievable and more advanced technology resources will result in truly effective customer management strategy that translates directly to the bottom line.
Today, at the beginning of the third wave of CRM initiatives, Rodgers and Longworth argue that organizations will benefit from the decades of experience in the pursuit of customer-centric business strategies by embracing TCM. Keeping the customer at the core of all organizational activity, TCM spans business process change, effective people management, and new approaches to information and knowledge management, resulting in a series of short-term gains within a long-term framework of strategic, customer-centric initiatives. As part of the TCM philosophy, organizations improve their chances of meeting real customer needs and attaining the anticipated business returns.
"At Consona CRM, we are working to combine products, services, and technology that will serve as the ideal foundation for a TCM initiative in its truest sense. We want to be a resource for organizations who wish to place the experience of their customers at the heart of their CRM implementations," said Tim Hines, vice president of product management for Consona CRM. "Our vision is to remain a partner in the TCM initiative of each and every one of our customers, helping them realize ongoing, tangible results--from improved customer satisfaction to new revenue opportunities."
To access the "Far-sighted Pragmatism: the Third Wave of Customer Management" white paper, click here.
About Consona Corporation and Consona CRM:
Consona Corporation (Consona, formerly known as M2M Holdings Inc.) is a worldwide leader in providing customer relationship management (CRM) and enterprise resource planning (ERP) software and services for the enterprise. The Consona CRM business unit, a worldwide leader in total customer management software and services, helps more than 1,500 companies across a variety of industries, including professional services, high-tech, healthcare, financial, government, telecom, retail and manufacturing, manage people, processes and technology to create a differentiated and cohesive customer experience. With flagship products Onyx and KNOVA, Consona CRM presents a full suite of functionality, including sales, service, support, and marketing automation; service resolution and knowledge management; and business process management modules. For further information, visit http://www.consona.com/crm, http://www.onyx.com , or http://www.knova.com, e-mail info @ consona.com, or call (888) 8 CONSONA.
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