Origin of CRM
CRM originated in early 1970s when the business units had a manifestation that it would be advisable to become ‘customer emphatic’ rather that ‘product emphatic’. Birth of CRM was because of this heedful perceptiveness. The famous writer and management consultant Peter Drucker wrote; ‘The true business of every company is to make and keep customers’. […]
Social and Economical Aspects of Advertising
“Every coin has two sides” Advertising is praised but also criticized by critics in their own ways. Advertising has many positive impacts along with its negative pictures. As the President of American Association of Advertising Agencies, John O’ Toole has described advertise is something else. It is not related to studies, but it educates. It […]
eCommerce Industry in India
Indian eCommerce Party Continues Anyone who opens the newspaper or browses the internet these days cannot but escape the full page ads and the scrolling content offering mega discounts and other freebies on online shopping sites. Indeed, the worldwide rush to eCommerce is now catching up in India as well as can be seen from […]
Product Leadership through Operational Excellence
In the fast changing and highly competitive world, building brands and maintaining brand leadership calls for an uncanny ability to re-write the rules of marketing as well as business. From each of the market leaders be it in computers, electronics, fashion, retail or any industry, one can identify the overall strategy that has made them […]
Relevance of Mass Media to Society
The Fourth Estate Mass media perform a vital and a crucial role in society. They are called the Fourth Estate, as they are one of the pillars of democracy along with the executive, legislature, and the other socioeconomic forces that bind a society together. In this context, it is important to note that they are […]
In the past few decades, we have seen a remarkable transformation in how companies interact with their customers.
What began as simple account management in advertising agencies has evolved into sophisticated systems of customer partnerships that generate entire industries.
Today’s market leaders aren’t just selling products – they’re architecting complete business solutions.
The story of IBM’s transformation under Thomas Watson offers a masterclass in customer-oriented leadership.
Watson’s revolutionary approach wasn’t just about building a sales force; it was about creating business consultants who could speak the language of their clients’ industries. This shift from product-pushing to problem-solving set a new standard for B2B relationships.
Recent data from Gartner shows that companies following this consultative approach generate higher customer lifetime value compared to traditional sales models. IBM’s strategy proved prescient – today, 71% of buyers expect vendors to deliver personalised interactions.
Modern customer orientation has evolved far beyond its origins:
Take Salesforce, which came up the ranks as a simple CRM provider into a comprehensive business platform. Their acquisition of Slack for $27.7 billion in 2021 show how building integrated ecosystems, some might call them platforms or systems, that solve multiple customer pain points at the same time are a necessity for success.
Consider how Epic Systems revolutionised healthcare IT by developing deep expertise in hospital operations. Their success comes not from superior technology alone but from their granular understanding of healthcare workflows and regulations.
Today’s market leaders follow several key principles:
McKinsey suggests that sales teams with deep industry-specific expertise significantly outperform teams with generalist knowledge in closing deals and maintaining long-term client relationships.
Leading organizations don’t just deliver solutions – they develop them alongside their customers. Adobe’s Creative Cloud evolution was heavily influenced by direct collaboration with creative professionals, resulting in features that precisely match user workflows.
Microsoft’s transformation under Satya Nadella bears out the benefits of the Azure cloud platform which succeeds not just through technical excellence, but through comprehensive training programs that help clients’ teams master new technologies.
Different sectors have adapted customer-oriented leadership in unique ways:
Modern banks like Capital One have evolved from traditional lenders into fintech innovators, using data analytics to predict customer needs before they arise.
Companies like Philips Healthcare don’t just sell medical equipment – they partner with hospitals to optimise entire departments, improving both patient care and operational efficiency.
Progressive Insurance’s Snapshot program demonstrates how insurers now partner with customers to create personalised solutions based on real-world behaviour rather than broad demographics.
As we move forward, there are a number of trends influencing the future of customer-oriented leadership:
Machine learning is giving large organizations the power to scale personalised services in new ways. Amazon’s recommendation engine, which was responsible for increasing sales by 35%, shows how technology can enhance rather than replace human-centred service.
Leading companies are using data analytics to solve problems before they occur. Rolls-Royce’s aircraft engine monitoring system illustrates this shift from reactive to proactive customer service.
The most successful companies are creating integrated solutions that address multiple customer needs simultaneously. Apple’s hardware-software-services ecosystem demonstrates how comprehensive solutions create lasting customer relationships.
For companies looking to adopt this approach, success requires:
The future of customer-oriented leadership lies in the ability to marry a proactive human understanding of customer needs with technological innovation.
As markets become more complex and customer needs potentially more demanding, the organizations that thrive will be those that can take their excellent, comprehensive offering and ensure they have a deep customer partnership too.
Your email address will not be published. Required fields are marked *
Customer Intimacy: A hidden force to be reckoned with for market success
February 12, 2025
