Applying customer knowledge management to alignment and integration of strategy maps

Abstract

Customer knowledge refers to understanding customers` needs, wants and aims. It is essential for an organization to align its processes, products and services to build customer relationships. Managers need to understand how the acquisition and use of customer-related knowledge create value for the organization. Customer knowledge management (CKM) is a strategy that focuses on the task of gathering information including finding effective ways to extract data from customers as well as to locate and absorb information from other sources. This paper builds an information retrieval (IR) and information extraction (IE) system to analyze customer knowledge from the Web. The system is designed to assist organizations in conducting the alignment and integration of strategy objects in strategy maps.