TY - JOUR AB - Customer relationship management (CRM) is a combination of people, processes and technology that seeks to understand a company's customers. It is an integrated approach to managing relationships by focusing on customer retention and relationship development. CRM has evolved from advances in information technology and organizational changes in customer‐centric processes. Companies that successfully implement CRM will reap the rewards in customer loyalty and long run profitability. However, successful implementation is elusive to many companies, mostly because they do not understand that CRM requires company‐wide, cross‐functional, customer‐focused business process re‐engineering. Although a large portion of CRM is technology, viewing CRM as a technology‐only solution is likely to fail. Managing a successful CRM implementation requires an integrated and balanced approach to technology, process, and people. VL - 9 IS - 5 SN - 1463-7154 DO - 10.1108/14637150310496758 UR - https://doi.org/10.1108/14637150310496758 AU - Chen Injazz J. AU - Popovich Karen PY - 2003 Y1 - 2003/01/01 TI - Understanding customer relationship management (CRM): People, process and technology T2 - Business Process Management Journal PB - MCB UP Ltd SP - 672 EP - 688 Y2 - 2024/04/24 ER -