Effective Strategies for Customer Experience Management. Dan Koroscil Director of Support and Service



Similar documents
NPS2. Reaching the Next Level of Customer Experience Leadership. By Deborah Eastman

Net Promoter Score: A Critical Number Your Business Needs to Know

How Australia s utilities can boost customer loyalty

Six Steps for Flawless NPS Implementation

2015 Customer Success Industry Trends Report

GE Capital The Net Promoter Score: A low-cost, high-impact way to analyze customer voices

The 2013 Financial Institution Consumer Recommendation & Loyalty Study Advanced

Consulting Performance, Rewards & Talent. Making Employee Engagement Happen: Best Practices from Best Employers

Is there an ROI from Social Media Marketing?

Beyond Net Promoter Scores

Why customer experience matters more than ever for enterprise IT

Quality at GE Energy

Talent Management Leadership in Professional Services Firms

HR and Recruiting Stats That Make You Think. A Statistical Reference Guide for Talent Acquisition Professionals

The Case for Improving the B2B Customer Experience

the big key criteria for a great SaaS company

How to Write an Oxford Commitment (CXPA) For Business

SANDY ROGERS Expert Consultant Practice Leader Thought Leader Speaker

Making the Case for Service Recovery - Customer Retention

Getting the Most From Your Loyalty/Rewards Program. IECSC Las Vegas 2008 Lisa M. Starr

CUSTOMER RELATIONSHIP MANAGEMENT CONCEPTS AND TECHNOLOGIES

Moving the NPS Needle - How to Use Customer Feedback to Drive Improvement

Number of consumer customers (Million) Market share (% consumer subscribers)

The 2013 Superannuation Consumer Recommendation & Loyalty Study

Photography by Nick Judy TECHNOLOGY GETTING RESULTS. Astonish exec shares lessons learned from working with hundreds of agency customers

BE 2015 A BUSINESS EXCELLENCE INITIATIVE EXCELLENCE IN CUSTOMER MANAGEMENT SELF ASSESSMENT QUESTIONNAIRE

Empowering Our Organizational Culture to Meet Today's CyberSecurity Challenges. Jack Suess

Exceptional Customer Experience AND Credit Risk Management: How to Achieve Both

We hear you - putting our customers at the heart of everything we do

The Case for Improving the B2B Customer Experience

The customer experience: have customers been forgotten?

How To Listen To Social Media

CUSTOMER RELATIONSHIP MANAGEMENT (CRM) CII Institute of Logistics

Net Promoter Score, Net Promoter and NPS are registered trademarks of Bain & Company, Satmetrix Systems and Fred Reichheld

Is the Net Promoter Score* an effective replacement for an organisation-wide Employee Opinion Survey? In short: No.

The Pursuit of Effective Business Process Management (BPM)

Proven Client Retention: Loyalty Programs that Work!

Extract from. Études et Dossiers No March 2009 Hong Kong

Key Accounts How to Maximize Opportunities and Minimize Disappointments

Valuing a Target Using Net Promoter Score (NPS)

Customer-centric Project Management. August 23, 2013

A Guide to the Net Promoter Score for Law Firms

EXERCISE 1: HR System Implementation

The new customer experience Drive value by building strong customer loyalty and advocacy

Global Account Management for Sales Organization in Multinational Companies *

Temkin Group Insight Report

Some Myths and Realities

Voice of the Scout the Path to the Main Thing 2013 National Annual Meeting

Strategic Guide to creating a World Class Customer Advisory Board Program

Winning Leadership in Turbulent Times Developing Emotionally Intelligent Leaders

Strategic Leadership and

SaaS Survey Results By Ron Snyder, David Steinore, Kathy Gogan

HARP: Past, Present & Future. A Lender s Guide to Direct Mail Success JOAN PIANTADOSI. President

Report on the Agency-Advertiser Value Survey

Why Outsource Your USP?

The Simple Way to Measure Customer Experience. First Briefing Paper

Strategy Huddle TM with MyStrategicPlan

Agenda Overview for Customer Experience, 2015

Talent Management: Benchmarks, Trends, & Best Practices

A Quick Guide to Social Customer Service: Measure, Refine & Scale

If E.ON Can So Can You!

Sales Performance Management

Are you listening to your customer feedback? A Handy Guide to Net Promoter Score

10 Rules for Customer Experience Excellence

Maximizing Customer Retention: A Blueprint for Successful Contact Centers

The Five Disciplines of Channel Management

Alternative Workplace Implementation As Change Management

Design Maturity Matrix

Terex Leadership Competency Model

Loyalty Insights. Developing a root cause capability. By Rob Markey and Fred Reichheld

Delivering a Superior Customer Experience

OPTIMIZING SALES EFFECTIVENESS THROUGH VALUE AND DIFFERENTIATION

Baldrige Core Values and Concepts Customer-Driven Excellence Visionary Leadership

Benchmark Report. Customer Marketing: Sponsored By: 2014 Demand Metric Research Corporation. All Rights Reserved.

ARE YOUR CUSTOMER SERVICE METRICS TELLING THE TRUTH? Many rank frontline teams unfairly.

Sample Strategy Maps. Best Practice Strategy Maps

Creating the customer experience

The Role of Feedback Management in Becoming Customer Centric

Connecting Customer Experience with Business Value

Cultivate Subscriber Loyalty by Refining the Digital Experience

IMPLEMENTING THE TRIPLE AIM: A SENIOR LEADERSHIP PERSPECTIVE 1

Linking the Benefits of Employee Ownership with Employee Engagement

SEYMOUR SLOAN IDEAS THAT MATTER BUILDING CUSTOMER LOYALTY IN RETAIL BANKING

DEFINE YOUR SALES PROCESS

R&D pure player ANALYST DAY. October 17 th, Full spectrum of services. Global

Growing Revenues Through Commercial Excellence

FOUR STEPS TO LEGENDARY CUSTOMER SERVICE

Sales Coaching Achieves Superior Sales Results

CRM Assessment. GoldMine Solutions CRM Assessment

Root Causes of Why Customer Experience Programs Fail. and what you can do to ensure your program is successful

Delivering Great Customer Experience. Řízení zákaznické zkušenosti aneb boj o zákazníka nejen na sociálních sítích

Improving Customer Satisfaction to Accelerate Your Business Results

10 Steps for Setting up a Customer Loyalty Program By Kim Skaaning Jørgensen

How to Catch em, How to Keep em

Change Management for HR CHANGING THE WAY HR LEADS

The 10 Week Business Success Challenge

Nurture Registrants with Triggered Follow-up

Get Better Business Results

Customer relationship management MB-104. By Mayank Kumar Pandey Assistant Professor at Noida Institute of Engineering and Technology

How to Upgrade Hotel Sales and Revenue Management Incentive Practices and Improve Plan Satisfaction

Transcription:

Effective Strategies for Customer Experience Management Dan Koroscil Director of Support and Service

Transforming the Organization 1. Establish a sense of urgency 2. Form a powerful guiding coalition 3. Create the vision what is and what can be 4. Communicate the vision 5. Empower others to act on the vision 6. Establish a sense of urgency 7. Consolidate the improvements 8. Institutionalize new approaches

Transforming the Organization 1. Establishing a sense of urgency Examining market and competitive realities Business objectives 2. Forming a powerful guiding coalition Assembling a group with enough power to lead the change effort 3. Creating a vision Vision defined as the ability to see what is and what can be 4. Communicating the vision Using every available vehicle possible to get the word out

Transforming the Organization 5. Empowering others to act on the vision Encouraging risk taking and non-traditional ideas and actions Changing systems or structures that seriously undermine the vision 6. Planning for and creating short term wins Creating viable performance improvements Recognizing/rewarding employees responsible for the improvements 7. Consolidating improvements and producing more change Promoting the positive use of increased credibility 8. Institutionalizing new approaches Articulating the connection between new behaviors and corporate success Developing the means to insure leadership development and succession

Creating a Customer Division Typical Before State for Sales Sales focused on transactional selling Extols the maximum virtue of the products/services Limited exposure to detailed product information/training Could sell more if customers received better Customer Support

Creating a Customer Division Typical Before State for Customer Support Focused on break/fix support model Skeptical about the virtues of the products/services Steers clear of anything that resembles the S word Feels life would be better if sales people didn t created unrealistic expectations with customers

Creating a Customer Division Includes all customer facing call center employees Sales, Service and Support Cuts across traditional reporting boundaries Supported by a shared internal training organization Staff movement between functions (esp Support Sales) Improving the customer experience/maximizing opportunities Re-examination of customer call routing, minimize speed bumps Support now responsible for acting on revenue opportunities Sales handling light service issues vs. passing customer on Feels life would be better if sales people didn t created unrealistic expectations with customers Shared ownership for customer issues (vs. Service only)

The Case for Customer Support Perceptions of Technical Support Monotone individuals conversing in tech speak If I m not technical, I might be made to feel stupid Analyst sees themselves at the problem solver Extreme focus on product issues Appears disconnected from other company functions (Sales, R&D) Performance management of support staff focuses on mostly on their technical skills

The Case for Customer Support Attributes of Customer Support Focus on customer impact of issues presented Ability to converse with customer at their level of understanding Performance management and compensation balanced between productivity and customer feedback Key component of a larger customer culture (see Customer Division) Job titles reflect orientation (customer support analyst)

The Case for Customer Support Why Customer vs. Technical Support Supports efforts to generate service revenue Add-on support plans Strong support relationships = strong internal recommender channel Key to organizational efforts to move from customer satisfaction to customer loyalty focus Happiness vs. increased customer value Promotes company staff retention efforts Experience analysts can also move to Sales (in addition to traditional technical career routes)

Leading Leaning into the Future = and Learning Top-down programs Bottom-up approach Leader as hero Forthright and listening leadership Leader as facilitator Vision Seeing clearly Awareness Drive Working with the grain Release They are the problem All change We need to change Training Learning while doing Reflection From Learning into the Future, George Binney and Colin Williams

Three Operating Models Operational Excell. Product Innovation Customer Intimacy Value Proposition Lowest total cost Best product Best total solution Core Process End-end product Self cannibalization Solve client s broader delivery problems Org/Culture Command/control Flexible, risk-taking Empowered front line Improvement levers Process; fixed assets Cycle time; technology Risk taking; expertise Emphasize Scale, capacity, COGs PD cycle brand as Expertise, mass defined by what YOU customization, share of say about you wallet brand as defined by what customer says about you Example Walmart 3M Sage - Maybe not yet From The Discipline of Market Leaders, Michael Treacy and Fred Wiersema

Threshold v Leadership best total solution Customer intimacy To win on customer intimacy, we need to focus on enabling programs that will allow us to exceed customer expectation of our ability to help them meet their goals Within circle is Min threshold = meets customer expectation Operational excellence best total cost From The Discipline of Market Leaders, Michael Treacy and Fred Wiersema Product Leadership best product

Customer Intimacy For each Segment, What is our Unmatched Value Proposition? Value created when what we deliver is > expectation Reinvest 20% of unexpected value back into target segments (e.g., $100 in value for $500/yr customer) Biz Problem Enabling Programs Things that drive target customer performance Starting point what are the top goals of our target customers (Land and Die on the top ones e.g., SWAirlines won because they figured out that customers cared most about price and schedule, and built their operating model around that) Strategic plan priorities Programs that creatively address root causes of customer problems the reasons why customers need us as a Partner Basic Products and Services what we re all good at doing..why we re qualified Price of admission (not a strategic plan)

Customer Intimacy Approach Identify and profile key target customer segments Identify areas we can offer distinctly better value to these customers (solve real customer problems that may go beyond accounting software) Redesign the operating model based on that (what are the unique enabling programs that will allow us to exceed customer expectations and competitor capability) Hit threshold levels everywhere else (product, operations) Increase value we provide every year (value is delivery of something in excess of expectation)

Net Promoter Score PASSIVE EVANGELISTS DETRACTORS

Stages of a Net Promoter Culture 4. Core Operating Model - Metric: Core Operational metric (w Revs/OI) - Led: Key Perf Metric all levels; all employees - Belief: Part of the job; its who we hire - Focus: highly specific to business/fu based on customer target and strategic focus 3. Moving the Needle - Metric: Tie NP with Profit. Emphasize action (vs just knowing the score) - Led: Exec sponsor who can pull resources and drive tough policy changes (#1 customer AND revenue advocate) - Belief: Serious belief in tie of Recos to Revs. - Focus: Expanded FU partic notably IB and then Primary 2. Data w Volunteers -Metric: BU specific down to customer type. Know score; not moving needle - Led: Exec sponsorship required to rally organizational participation - Belief: Action is voluntary, sporadic, and cautious. Talking to customers scary! - Focus: Changes in Product and Support processes I. Reluctant organization -Metric: Corporate-mandate (Satmetrix) - Led: often assigned to low level analyst. - Belief: Not going anywhere if exec don t push. Prove it? - Focus: Educational (what is NP?)

Good Profits BALANCING SHAREHOLDER AND CUSTOMER HIGH BAD PROFIT Goal: <10% AMBIVALENT GOOD PROFIT Goal: 55-85% PROFITABILITY A F B E C D LOW DETRACTORS (0-6) PASSIVES (7,8) NET PROMOTER EVANGELISTS (9,10) From The Ultimate Question, Fred Reichheld

Generating Good Profits 2. Reduce Bad Profits (As) High Profitability/Detractors Urgent action might be required They DON T LIKE us they say mean things about us They will defect at their first opportunity Because they are profitable, we can afford to invest in them to identify why they are unhappy DO: Talk to them, empower the front line to solve their problems on the spot (apologize, rebate) 1. Invest in your Core (Cs) High Profitability/Evangelists They LOVE us They generate high margins They are our CORE clientele DON T: take them for granted, milk them to fund others, systematically underinvest in them DO: monitor their profitability and give gains back either in way of price or incremental value High BAD PROFIT Detractor AMBIVALENT Passive GOOD PROFIT Evangelist PROFITABILITY Low A F B E C D 3. Find additional Promoters (B and D) Bs: Learn why they are not more enthusiastic. What would truly delight them? Ds: Don t raise price to get phony short term profits. Upsku or Upsell instead. Be honest with them about their profitability. Managers and Employees need to be accountable for BOTH increasing profits and for relationship quality

Good Profits Revenue Growth Higher Renewal Rates Upsell (upsku/upplan) Sell Due to (WoM) NPS Improvements From The Ultimate Question, Fred Reichheld

Questions