Customer Retention
Short term wins are important for any change initiative. Demonstrating success that has a quantifiable, positive impact early in the program is critical for gaining buy-in, building momentum, earning credibility. The more you can help employees and partners believe that the new reality is attainable, the more likely they will do the hard work to get there. Communicating the vision (over-and-over) is important but getting people to believe in it becomes much easier when they have concrete proof that they can get from here to there.Here is an example of a small change that had far-reaching implications for one company.
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Being in my job, I can’t help but focus on how companies treat myself and the people around me … both the good and the bad. While we will use this forum to share some of those stories, we welcome your experiences as well. Click on “Comment” below to share a particularly good or bad story or email us at vocblog@knowledge-wave.com.
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The Customer Experience Management group on LinkedIn has a rather lively discussion right now triggered around the question: What is the relationship between ‘having a good experience’ and ‘delighted customers’? And, can you create an ROI around ‘good experiences’. For my two-cents, I felt it worthwhile remembering that the customer’s perception of the value a company provides is more than the interaction with an agent … it is the entire relationship, which is driven by your differentiation / innovation strategy.
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Adapting, innovating, and growing your business through aggressive innovation is a clear requirement for any successful executive these days. While not the only source for great ideas, Customer Intelligence is clearly an excellent tool in your innovation arsenal, both as a source for ideas and as part of implementing any new idea. In this final posting, we provide both general strategies and 5 specific steps you can use to create an innovative organization.
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Adapting, innovating, and growing your business through aggressive innovation is a clear requirement for any successful executive these days. While not the only source for great ideas, Customer Intelligence is clearly an excellent tool in your innovation arsenal, both as a source for ideas and as part of implementing any new idea. In this second of a series of five postings, we talk about the need for rapid innovation and the pivotal role Customer Intelligence plays in helping you to go fast and to go right.
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A B2B software and services company with more than 450 CSRs was looking to standardize the service experience, making it more consistent across all agents. When reviewing C-SAT results by supervisor, the Director of Customer Service was not surprised to note that the supervisors she considered to be rising stars in her department tended to have teams with higher-than-average C-SAT scores. What caught her attention, however, was that the same supervisors also had received higher levels of employee satisfaction and loyalty in a recent HR-sponsored employee survey.
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Employee engagement is often the primary determinant of customer satisfaction with the service experience. Innovative, valuable products and services are vital but without a friendly, helpful, knowledgeable personal encounter, those products and services quickly become commodities. In addition, it is those motivated and engaged employees who design and create and deliver those valuable products and services. The higher the emotional attachment your employees have to the company and its customers, the higher their dedication, creativity, and performance. Looking at the call center specifically, our research has confirmed what most HR professionals have been telling us for a long time: If you give your employees incentives and opportunities they are more likely to perform well.
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About three months ago I was in Portland and stopped by a local music store looking for the sheet music to Bob Dylan’s “To Make You Feel my Love.” In the interests of full disclosure, I don’t play the piano as much as I hack my way through it. But I have a couple songs for which I can keep the butchering to a minimum and this was one I wanted to try to add to my repertoire.
The store was out and the clerk wrote my name on a sticky note and said he would check with the publisher and call me. A couple days later I had a voicemail on my mobile stating that that particular song was out of print.
Okay, not a big deal. Besides, Joan Osborne’s version was definitely better than mine would ever be.
Last week I had another call from the store.
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Last year as we prepared to move from Portland, Oregon to Charlottesville, Virginia, we went through that fit of unbelief as we slowly realized how much unadulterated stuff we had accumulated in 9 years of living in our beautiful Southeast Portland home. Not wanting to pay the freight for all of it, we did a pretty good job cleaning out the extra, the old, and the no-longer-needed (although the crew that moved us would probably politely disagree ... maybe not so politely).
So, my wife took two boxes of books to a local independent bookstore (the “largest independent bookstore in the country,” we’re told) to sell. They do both new and used books and make a big deal out of buying books back. After waiting in line for close to ten minutes, the clerk took a quick look at the title of the top few books in each box and said that they didn’t need any. Didn’t check their stock online. Didn’t make eye contact. Didn’t look at all the books. Didn’t even say “Sorry” or “Thanks”.
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Even in the best of times, your enterprise has limited resources. As a leader you must be selective about the projects you wish to initiate. They must align closely with corporate vision and strategy. And they must have the desired impact (and ROI) quickly.
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