South-Western - Management  
Creating a Customer Information Management Plan
Topic Managing Information
Key Words customer data
InfoTrac Reference A62498800
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News Story

A customer information management plan allows you to take advantage of your customer data assets. It addresses collecting customer data and transforming it into useable information that can be distributed throughout the organization.

Having a plan makes a company more effective in managing customer relationships across the organization, but there can be obstacles. Departments may resist sharing proprietary information, entrenched systems are difficult to change, and there are financial costs. And the plan must be part of an overall company strategy, incorporating the current situation and prioritized requirements.

Questions
1.

What are the advantages of sharing customer data between departments? What are some ways that technology can be used to accomplish this?

Source Melinda Nykamp, "Creating a Customer Information Management Plan," Direct April 2000, p. 60.
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