This PPT slide, part of the 21-slide Four Stages of Customer Insight (CI) Maturity PowerPoint presentation, outlines 3 critical cross-functional initiatives essential for achieving Customer Insight (CI) maturity. Each initiative is categorized with specific focus areas that organizations should prioritize to enhance their CI capabilities.
The first initiative, "Sponsoring the Journey," emphasizes the importance of securing funding and external support for CI transformation. Key actions include consolidating market research vendors, assessing supplier pricing, and reallocating resources from outdated projects. This foundational step is crucial for addressing performance gaps and ensuring that the necessary financial and operational support is in place.
The second initiative, "Medium Term Gains," focuses on strategies that facilitate traction in the medium term. Here, organizations are encouraged to build knowledge management systems and calculate the return on investment (ROI) for CI efforts. Additionally, there’s a call for management teams and boards to align their capacity development with CI objectives. Specializing in innovative research methods and leveraging CI for strategic planning and budgeting are also highlighted as vital components for success.
The third initiative, "Organizing for Growth," addresses the need to sustain CI transformation efforts. This involves aligning job functions and specifications for key roles, forming alliances to attract unique talent, and defining career pathways. Leadership development and performance-linked compensation are also mentioned, underscoring the importance of integrating CI into the organizational fabric to ensure ongoing success.
Overall, the slide serves as a roadmap for organizations aiming to enhance their CI maturity, emphasizing the need for executive sponsorship and cross-functional collaboration to drive meaningful change.
This slide is part of the Four Stages of Customer Insight (CI) Maturity PowerPoint presentation.
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Maturity Model Customer Insight Strategic Planning Market Research Knowledge Management Return on Investment Leadership
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