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Implementing Client Relationship Management StrategiesDevelop a Client-Centric Culture Creating a client-centric culture within your organization ensures that every team member prioritizes client satisfaction: Training: Train your team on the importance of CRM and equip them with the skills to build strong relationships.
While effective metrics are essential for focusing attention and achieving results, they can also overpower better sense. Most industries cower to a few central metrics, the yardsticks that define the winners and losers. Metrics tried and proven over years become a guide to what’s important, driving resource allocation.
The Double-Edged Sword of AI Training AI models learn from massive amounts of data, which means they can unintentionally reflect biases present in their training data—like a mirror that shows both the good and the bad. For instance, AI can automate routine tasks like data entry or customer support inquiries.
The fourth gap between strategy and execution is in measurement and metrics. I consistently see measurement as an afterthought in strategydevelopment. The assumption is that financial measures like cost and revenue are sufficient metrics to measure progress. This, too, is a reflection of mental models.
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