For decades, business leaders yearned to solve their single view of customer challenges.
“If only we had all our customer information in one place, we’d add rocket fuel to sales and marketing,” they’d declare.
“We’d be able to personalise our products and services,” they’d evangelise.
“Our business units and functions are siloed. They’re all missing customer opportunities. And this is happening every single day,” they’d state sadly.
Some of these leaders did a great job. Through sheer drive and persistence, they cajoled business stakeholders into approving the funding needed to solve the challenge. Their single-view-of-customer initiative was realised and launched to much fanfare with a fancy tagline (e.g. #customer360, #customerfirst, #nextgenhub, #customerhub, #one #c1).
Once up and running, these initiatives often worked well for smaller organisations. But for others, it would only take months for things to start going wrong. Why?