Many marketers believe the key to database strategic success is in managing external and technical factors, such as data selection, data integrity privacy issues, supplier relations or even data analysis and application. While these factors are important, and their absence a barrier to competitive database strategic, their presence does not ensure success. Organizational characteristics are the true, key components of readiness for database strategic.
Foster a strategic orientation across the firm. strategic orientation is the single most important factor in organizational readiness for database strategic. Strategic orientation makes the customer central to the organization's thoughts and actions. Fully 86% of all differences in the competitive-advantage levels achieved with database strategic were explained by an organization's strategic-orientation score.
Hold a strategic perspective on database strategic. Firms prepared for database strategic have aligned their goals with overall strategic objectives and ensured those goals are clear throughout the organization. Further, firms that consider strategic, mulityear factors when evaluating the financial return on database strategic are better able to support sophisticated database-strategic systems, obtaining competitive advantage. Conversely, those firms requiring early financial returns hindered their database-- strategic success.
Build an understanding of database strategic across the organization, and track program results. Understanding and measuring the outcomes of database strategic is aligned closely with holding a strategic perspective. In addition to making sure the organization shares clear objectives, organizationally ready firms are prepared to track and measure the return on investment from database-strategic efforts. This approach provides the feedback necessary to continually improve database-strategic programs.
Develop a willingness and ability to cooperate across departments on database-strategic efforts. Organizationally ready firms made senior management's commitment to database strategic dear Further these companies ensured the commitment, skills and resources to work itself.
Realize that using outside resources to build a database-strategic system does not compensate for a lack of skills and resources...
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