By invoking six strategies that reimagine the power of customer support processes, digitally-savvy companies can create unprecedented levels of new business value and significantly elevate customer experience.
Power to the People: Customer Care and Social MediaCognizant
The growth of social media, including Facebook and Twitter, offers many opportunities for businesses to connect with customers. Nonetheless, most companies still view social media as an extension of their traditional sales and marketing efforts; few are using social media to strengthen customer care and offer customers consistent, seamless and satisfying experiences.
Predictive analytics uses data about customers to help brands better understand their customers and build stronger relationships with them. This allows brands to personalize their marketing, improve customer retention, and gain insights for new product development. The document discusses how predictive analytics provides benefits such as increasing brand awareness, shaping brand preference, cultivating brand influencers, and collaborating on product development. It also outlines four steps for brands to start adopting predictive analytics, such as promoting a cultural shift to more individual customer relationships and acquiring a better understanding of customer behavior through data analytics.
Building a Code Halo Economy for InsuranceCognizant
By finding meaning in the digital data that accumulates around people, processes, organizations and things, insurers can simultaneously reinvent how they operate and reshape their customers' experience.
Consumer trust has become the new battleground for digital success. To win, organizations need to master the fundamentals of data ethics, manage the "give-to-get" ratio and solve the customer trust equation, our recent research reveals.
With a fundamental shift in the CFO mission, the finance function has become a critical change agent across organizations. The role of financial leaders such as CFOs is evolving, from a traditional financial controller, to one that drives performance improvements across the organization.
The big story behind your big data: Six Practices for Making an Impact with T...Joachim B. Lyon
Text analytics is a powerful technology for drawing out compelling stories and deep insights from millions of customer comments. This study of strategic practices in 12 innovative companies show how customer experience (CX) professionals are using text analytics to change the way they work -- leveraging the customer’s voice to drive innovation and change, and becoming strategic business partners within their organizations.
Future-Proofing Insurance: Deepening Insights, Reinventing Processes and Resh...Cognizant
Insurance carriers face an imminent sea change in how their mission-critical processes remain efficient, agile and innovative. Ensuring relevance in the future requires redefined business models fueled by heightened productivity across fibusiness as usualfl activities.
Growing competition and regulatory pressures are forcing Dutch banks to reconsider their traditional payments business models. A survey of the top four Dutch banks found that their payments operating models need optimization to better serve changing customer needs. The banks recognize the need to adopt more customer-centric approaches, including overhauling outdated technologies, implementing payment hubs for end-to-end visibility, streamlining processes, and establishing centers of excellence for talent management. Adopting selective outsourcing strategies and transitioning to managed service models can also help banks cut costs and refocus on their core businesses.
Artificial intelligence and machine learning (AI/ML) present us with novel and efficient ways to solve challenging and persistent problems, particularly when it comes to predictions. Retail, due to its fast moving, trend powered, and fluid nature coupled to an extended logistics chain, relies heavily on making smart predictions. As improvements in AI/ML over the last several years have proliferated, not only in performance advances but deployability, there are exciting openings for experimentation in many domains of the retail value chain
https://runfrictionless.com/b2b-white-paper-service/
In-Product Marketing: A Game-Changer for Customer-Minded CompaniesCognizant
In-product marketing programs are delivered directly to a customer's device or software application. Using an in-product marketing framework, software providers and players in several other industries can leverage the intrinsic value of products and customers, deepen their insights, and increase customer conversion and retention.
New Standard for Customer Contact Performance
The world of customer contact was already changing dramatically. New channels were altering the way brands interacted with customers.
Automation was redefining the role of customer
engagement employees.
Cloud solutions and generational shifts were reshaping conceptions
about the traditional contact center environment.
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...Susan Etlinger
This report provides an industry update, best pratices and frameworks for understanding how to approach and build a social media command center that integrates with other digital and enterprise signals in the business.
How Insurers Can Leverage Social and Messaging Apps to Enhance Digital ValueCognizant
Insurance carriers looking to bolster their digital ROI and reach their clientele of millennials most effectively must look beyond mobile apps and online portals, into social and messaging apps. We offer a roadmap and use cases for enhancing insurers' digital presence.
The document discusses key themes for organizations to focus on in achieving personalization and a single customer view: customer experience, data culture, and strategic vision. For customer experience, success requires solving clear customer needs, selecting relevant data, and making data accessible. For data culture, organizations must achieve a cross-channel view of data, prioritize analytics talent, and promote data advocacy. Strategic vision involves leveraging partnerships, complying with privacy regulations, and incrementally expanding technology capabilities.
Customer data driven marketing for digital servicesVrishali Sinha
This document discusses how mobile operators can use customer data and analytics to improve digital marketing strategies. It recommends that operators analyze user behavior and segment customer data to personalize promotions and offers. This allows operators to increase adoption rates, enhance revenue streams, fully exploit upsell opportunities, manage churn, and improve customer experience. The document provides examples of how analytics can be used across the customer journey, from search and discovery to on-boarding and retention, to optimize interactions and conversion rates.
1. The document discusses how social media and digital technology have revolutionized customer interactions by making them more social and participatory. It emphasizes that digital experiences will become the primary way customers engage with brands.
2. It provides five ideas for companies to consider in adapting to this new environment: 1) leverage user-generated content and advocacy, 2) harness influencer relationships, 3) make brands more human by adopting singular or multiple voices, 4) create new businesses from hidden assets, and 5) develop mobile and context-based digital experiences.
3. The key message is that digital is transforming customer relationships and companies must use it to get closer to their customers rather than just as an advertising channel. Personalized and
MDM and Social Big Data: An Impact AnalysisCognizant
By combining social big data with master data management, businesses can develop personalized products and services, anticipate customer needs and gain competitive advantage.
A Framework for Digital Business TransformationCognizant
By embracing Code Halo thinking and a programmatic approach to business process change, organizations can better engage with customers and deliver mass-customized products and services that drive differentiation and outperformance.
In an 'always on' world where channel-surfing B2B customers demand real-time responses - no matter where they are - what is the optimal role of social media marketing? Roxane Divol, a partner and leader of McKinsey's Marketing & Sales Practice, addressed this question at the ITSMA Marketing Leadership Forum and demystified the emerging role of marketing as a driver of social technologies. She also discussed the tactics and strategies B2B marketers should use to access the touchpoints and datastreams that reinforce the social consumer decision journey. This presentation provides insights into how, when, and where social media influences and uniquely engages customers, as well as current best practices for developing, launching, and demonstrating the financial impact of social media campaigns. More: http://mckinseyonmarketingandsales.com/topics/b-to-b
This document discusses trends that will shape the future of customer relationship management (CRM) systems by the year 2020. It argues that CRM will be transformed by collaboration, mobility, user-centric design, cloud computing, and social media integration. CRM will shift from a focus on managing contacts and reporting to helping teams collaborate, sell, and grow through more effective and interactive systems that can be accessed anywhere through mobile devices.
Balance Internet launches second edition of Digital Transformation in B2B eCo...run_frictionless
Balance Internet is a highly specialised eCommerce agency, and our unmatched B2B industry expertise guides our first-class digital delivery process. We are one of the most experienced B2B eCommerce solution providers in the Asia-Pacific region with members of our leadership team working in the space since 1996. With Magento Commerce technology at our core, we create high-performing solutions that harmonise digital ecosystems.
https://runfrictionless.com/b2b-white-paper-service/
Digital River Whitepaper Series: B2B E-Commerce ChallengeMike Chuma
Readers of this paper will gain an understanding of how
business-to-business (B2B) e-commerce is evolving because
of the changing nature of buyers and because of the pervasive impact of the global online ecosystem. Even though analysts are closely watching B2B e-commerce and believe the potential market is significantly larger than the B2C economy, B2B e-commerce has been slower to evolve, in large measure because of fears concerning the disruption or cannibalization of traditional sales channels.
Included is a discussion of current best practices in B2B e-commerce, techniques for managing channel conflict as
well as key considerations for any business looking to add a “direct-to-business buyer” sales channel. The critical question for most businesses should be how to effectively manage the change in a complex, multi-channel sales and marketing distribution model.
The ultimate guide to the new buyers journeyMarketBridge
At MarketBridge we have the privilege of working with hundreds of marketing and sales leaders every month. In those discussions one thing is abundantly clear: the customer buying journey is rapidly changing and organizations are struggling to keep up.
These dramatic shifts in buying behavior are well documented; independent research by Gartner and Forrester suggests that by 2020,
Presentation deck from a webinar with Comcast Business and Entrepreneur about collecting and using customer and prospect data to provide the best experience for customers.
The document discusses the challenges that technology companies face in digital commerce. It notes that technology companies have complex product offerings and networks of resellers that create challenges for digital capabilities. Additionally, technology company customers have high expectations and experience with technology. The document advocates that technology companies focus on the entire customer digital lifecycle of discover, transact, fulfill, and care when developing their digital commerce strategies. It provides details on challenges and opportunities for technology companies in each phase of the digital lifecycle.
The Database Dept. is recognized as one of the 20 most promising customer experience management solution providers in 2016. It provides unique CEM software solutions, including the Authentic Relationship Management platform, which helps large businesses like HPE, IBM, and SAP improve customer relationships and reduce coverage costs. The solution filters customers most likely to buy and increases selling time. The company's WebONE marketing database provides insights into a company's marketing process and eliminates ineffective attempts, empowering businesses to communicate strategically. The Database Dept. has been successfully serving organizations for over a decade with its CEM solutions.
Artificial intelligence, customer journeys, and paid analytics
Quest to be more data-centric and insights-driven
Data-driven CMOs drive omnichannel customer intelligence
Companies turn to paid analytics for enhanced capabilities
The power of now: customer journey analytics rely on integrated data
Harnessing AI for more insight-driven marketing and better customer experiences
How Airlines Can Deliver a Personalized Customer Experience During Operationa...Cognizant
This document discusses how airlines can deliver personalized customer experiences during operational disruptions like flight cancellations or delays. It recommends that airlines create customer "personas" based on a wide range of data about customers, including demographics, travel history, preferences and behaviors. It proposes a three-phased approach: 1) Define detailed profiles of customers using all available data, 2) Develop distinct customer segments or "personas" based on these profiles, 3) Create personalized responses to disruptions tailored for each persona by analyzing their needs and preferences. This will help airlines improve customer satisfaction, loyalty and their brand during disruptions which are increasingly common.
Growing competition and regulatory pressures are forcing Dutch banks to reconsider their traditional payments business models. A survey of the top four Dutch banks found that their payments operating models need optimization to better serve changing customer needs. The banks recognize the need to adopt more customer-centric approaches, including overhauling outdated technologies, implementing payment hubs for end-to-end visibility, streamlining processes, and establishing centers of excellence for talent management. Adopting selective outsourcing strategies and transitioning to managed service models can also help banks cut costs and refocus on their core businesses.
Artificial intelligence and machine learning (AI/ML) present us with novel and efficient ways to solve challenging and persistent problems, particularly when it comes to predictions. Retail, due to its fast moving, trend powered, and fluid nature coupled to an extended logistics chain, relies heavily on making smart predictions. As improvements in AI/ML over the last several years have proliferated, not only in performance advances but deployability, there are exciting openings for experimentation in many domains of the retail value chain
https://runfrictionless.com/b2b-white-paper-service/
In-Product Marketing: A Game-Changer for Customer-Minded CompaniesCognizant
In-product marketing programs are delivered directly to a customer's device or software application. Using an in-product marketing framework, software providers and players in several other industries can leverage the intrinsic value of products and customers, deepen their insights, and increase customer conversion and retention.
New Standard for Customer Contact Performance
The world of customer contact was already changing dramatically. New channels were altering the way brands interacted with customers.
Automation was redefining the role of customer
engagement employees.
Cloud solutions and generational shifts were reshaping conceptions
about the traditional contact center environment.
Shiny Object or Digital Intelligence Hub? Evolution of the Social Media Comma...Susan Etlinger
This report provides an industry update, best pratices and frameworks for understanding how to approach and build a social media command center that integrates with other digital and enterprise signals in the business.
How Insurers Can Leverage Social and Messaging Apps to Enhance Digital ValueCognizant
Insurance carriers looking to bolster their digital ROI and reach their clientele of millennials most effectively must look beyond mobile apps and online portals, into social and messaging apps. We offer a roadmap and use cases for enhancing insurers' digital presence.
The document discusses key themes for organizations to focus on in achieving personalization and a single customer view: customer experience, data culture, and strategic vision. For customer experience, success requires solving clear customer needs, selecting relevant data, and making data accessible. For data culture, organizations must achieve a cross-channel view of data, prioritize analytics talent, and promote data advocacy. Strategic vision involves leveraging partnerships, complying with privacy regulations, and incrementally expanding technology capabilities.
Customer data driven marketing for digital servicesVrishali Sinha
This document discusses how mobile operators can use customer data and analytics to improve digital marketing strategies. It recommends that operators analyze user behavior and segment customer data to personalize promotions and offers. This allows operators to increase adoption rates, enhance revenue streams, fully exploit upsell opportunities, manage churn, and improve customer experience. The document provides examples of how analytics can be used across the customer journey, from search and discovery to on-boarding and retention, to optimize interactions and conversion rates.
1. The document discusses how social media and digital technology have revolutionized customer interactions by making them more social and participatory. It emphasizes that digital experiences will become the primary way customers engage with brands.
2. It provides five ideas for companies to consider in adapting to this new environment: 1) leverage user-generated content and advocacy, 2) harness influencer relationships, 3) make brands more human by adopting singular or multiple voices, 4) create new businesses from hidden assets, and 5) develop mobile and context-based digital experiences.
3. The key message is that digital is transforming customer relationships and companies must use it to get closer to their customers rather than just as an advertising channel. Personalized and
MDM and Social Big Data: An Impact AnalysisCognizant
By combining social big data with master data management, businesses can develop personalized products and services, anticipate customer needs and gain competitive advantage.
A Framework for Digital Business TransformationCognizant
By embracing Code Halo thinking and a programmatic approach to business process change, organizations can better engage with customers and deliver mass-customized products and services that drive differentiation and outperformance.
In an 'always on' world where channel-surfing B2B customers demand real-time responses - no matter where they are - what is the optimal role of social media marketing? Roxane Divol, a partner and leader of McKinsey's Marketing & Sales Practice, addressed this question at the ITSMA Marketing Leadership Forum and demystified the emerging role of marketing as a driver of social technologies. She also discussed the tactics and strategies B2B marketers should use to access the touchpoints and datastreams that reinforce the social consumer decision journey. This presentation provides insights into how, when, and where social media influences and uniquely engages customers, as well as current best practices for developing, launching, and demonstrating the financial impact of social media campaigns. More: http://mckinseyonmarketingandsales.com/topics/b-to-b
This document discusses trends that will shape the future of customer relationship management (CRM) systems by the year 2020. It argues that CRM will be transformed by collaboration, mobility, user-centric design, cloud computing, and social media integration. CRM will shift from a focus on managing contacts and reporting to helping teams collaborate, sell, and grow through more effective and interactive systems that can be accessed anywhere through mobile devices.
Balance Internet launches second edition of Digital Transformation in B2B eCo...run_frictionless
Balance Internet is a highly specialised eCommerce agency, and our unmatched B2B industry expertise guides our first-class digital delivery process. We are one of the most experienced B2B eCommerce solution providers in the Asia-Pacific region with members of our leadership team working in the space since 1996. With Magento Commerce technology at our core, we create high-performing solutions that harmonise digital ecosystems.
https://runfrictionless.com/b2b-white-paper-service/
Digital River Whitepaper Series: B2B E-Commerce ChallengeMike Chuma
Readers of this paper will gain an understanding of how
business-to-business (B2B) e-commerce is evolving because
of the changing nature of buyers and because of the pervasive impact of the global online ecosystem. Even though analysts are closely watching B2B e-commerce and believe the potential market is significantly larger than the B2C economy, B2B e-commerce has been slower to evolve, in large measure because of fears concerning the disruption or cannibalization of traditional sales channels.
Included is a discussion of current best practices in B2B e-commerce, techniques for managing channel conflict as
well as key considerations for any business looking to add a “direct-to-business buyer” sales channel. The critical question for most businesses should be how to effectively manage the change in a complex, multi-channel sales and marketing distribution model.
The ultimate guide to the new buyers journeyMarketBridge
At MarketBridge we have the privilege of working with hundreds of marketing and sales leaders every month. In those discussions one thing is abundantly clear: the customer buying journey is rapidly changing and organizations are struggling to keep up.
These dramatic shifts in buying behavior are well documented; independent research by Gartner and Forrester suggests that by 2020,
Presentation deck from a webinar with Comcast Business and Entrepreneur about collecting and using customer and prospect data to provide the best experience for customers.
The document discusses the challenges that technology companies face in digital commerce. It notes that technology companies have complex product offerings and networks of resellers that create challenges for digital capabilities. Additionally, technology company customers have high expectations and experience with technology. The document advocates that technology companies focus on the entire customer digital lifecycle of discover, transact, fulfill, and care when developing their digital commerce strategies. It provides details on challenges and opportunities for technology companies in each phase of the digital lifecycle.
The Database Dept. is recognized as one of the 20 most promising customer experience management solution providers in 2016. It provides unique CEM software solutions, including the Authentic Relationship Management platform, which helps large businesses like HPE, IBM, and SAP improve customer relationships and reduce coverage costs. The solution filters customers most likely to buy and increases selling time. The company's WebONE marketing database provides insights into a company's marketing process and eliminates ineffective attempts, empowering businesses to communicate strategically. The Database Dept. has been successfully serving organizations for over a decade with its CEM solutions.
Artificial intelligence, customer journeys, and paid analytics
Quest to be more data-centric and insights-driven
Data-driven CMOs drive omnichannel customer intelligence
Companies turn to paid analytics for enhanced capabilities
The power of now: customer journey analytics rely on integrated data
Harnessing AI for more insight-driven marketing and better customer experiences
How Airlines Can Deliver a Personalized Customer Experience During Operationa...Cognizant
This document discusses how airlines can deliver personalized customer experiences during operational disruptions like flight cancellations or delays. It recommends that airlines create customer "personas" based on a wide range of data about customers, including demographics, travel history, preferences and behaviors. It proposes a three-phased approach: 1) Define detailed profiles of customers using all available data, 2) Develop distinct customer segments or "personas" based on these profiles, 3) Create personalized responses to disruptions tailored for each persona by analyzing their needs and preferences. This will help airlines improve customer satisfaction, loyalty and their brand during disruptions which are increasingly common.
eGain Digital Day 2016 - Keynote 1: Digital Customer Experience—Big Trends an...Mark Fenna
The presentation discussed big trends, CEO thinking, and best practices related to digital customer experience. It highlighted demand-side trends like time-starved and privacy-protective customers. On the supply-side, it noted that digital business is blurring the digital and physical worlds through smart connected things. The presentation suggested customer engagement will accelerate as more things generate data and enable faster "business moments" of automated interactions. It closed by envisioning emerging technologies like ambient user experiences and autonomous agents that interact with customers.
Digital transformation study led by IBM, Boston Consulting Group and the think tank EBG, addressing 65 global companies in Europe on their views, challenges and status on digital industrialization of their organization
Each year 1to1 Media selects 12 executives as 1to1 Media Customer Champions -- customer-centric leaders who understand that engaged customers make a positive bottom-line impact. They're innovative, determined, and creative leaders who treat customers as the valuable resource they are.
How enterprises in the travel business are successfully navigating their digital transformation strategy and interacting with their customers across every touch-point.
Airline Customer Experience Leadership, by Rainer Uphoff (Keynote at Worldti...Rainer Uphoff
Keynote presentation about Airline Customer Experience Leadership, held by Rainer Uphoff at Worldticket's customer conference in Copenhagen in November 2010. Key idea: Think VALUE, not cost when designing your customer experience proposition. More on the subject: http://ourpax.com
Putting the Experience in Digital Customer ExperienceCognizant
As the digital revolution has gained momentum, it has become widely understood that the “digital customer experience” is the key to engage with, delight and monetize customers in the modern world. However, only a miniscule number of companies believe their customers’ current digital experience qualifies as “excellent,” our primary research reveals.
A presentation that outlines answer to the following questions: What makes passengers feel good about flying? What can aviation learn from other business sectors? What are innovative onboard products and services that show the way the cabin experience will evolve?
The airline industry is increasingly challenged to engage guests and passengers anywhere, anytime, across any device, while maintaining brand experience and consistency. Airlines are changing from a traditional business where money was made by selling seats on a plane to a more dynamic and adaptive business, where the services are being delivered in a personalized manner. Insights into the customer’s preferences and other operational processes will allow the airline to adjust functions and maximize profitability and at the same time, offer a differentiated passenger experience. View our webcast on demand if you would like to learn more: https://vts.inxpo.com/scripts/server.nxp?LASCmd=AI:4;F:QS!10100&ShowKey=23371&AffiliateData=slideshare
Digital Innovation and the End-to-End Passenger ExperienceAirlineTrends
As passengers are getting more connected, their expectations are rising towards airlines to remove the inconveniences of air travel and do much more than just fly them from A to B.
Mobile technology has already had a significant impact on the passenger journey and while many digital innovations – think United Airlines and Uber, easyJet’s ‘Mobile Host’, Transavia’s ‘pre-flight entertainment’, and Singapore Airlines’ upcoming Companion app – offer convenient services, these tend to be focused on a specific area rather than align the whole journey.
Meanwhile, airlines are looking to increase margins by introducing ancillary services and are beginning to take a holistic look at the customer journey, and provide empowered passengers – who want to be in control of their journey – with a personalised and stress-free end-to-end travel experience.
In this presentation, recent airline initiatives will illustrate how digital devices, connectivity, data, service design and merchandising skills are coming together to provide a ‘passenger-centric’ door-to-door experience.
Digital readiness for customer experience in the airline industry - AccentureAccenture ASEAN
The document summarizes the findings of a study on digital readiness for customer experience in the airline industry. It identifies the top challenges facing airlines as meeting higher customer expectations and using digital technology to differentiate. Cultural resistance is a key barrier to digital adoption, as are siloed technology and operations. While most airlines see opportunities in digital, they believe the industry lags others in innovation. Strengthening relationships with customers directly is a priority as digital has increased the power of intermediaries like online travel agencies. Increasing digital sophistication through mobile apps, customer data, social media, and personalization are strategies to improve the customer experience.
In a hyper-competitive environment, with tight margins and increasing regulatory and environmental pressures, airlines have for many years looked to technology to deliver greater operational efficiency. Accenture’s Technology Vision for Airlines reveals five technology trends that will help airlines plot their course through digital disruption.
Why Your Best Salesperson May Be a Customer Support RepCognizant
This document discusses how customer support organizations can be transformed into sales channels by focusing on providing a positive customer experience. It proposes that support teams should prioritize resolving issues on the first call to increase customer satisfaction and retention. The document also describes a customer care transformation framework that uses customer usage data and feedback to identify and fix recurring problems, empowering agents and customers to resolve issues themselves through self-service tools. This framework aims to transform dissatisfied customers into advocates by resolving the root causes of their issues.
1) Digital assistants like Alexa and Siri will become the new gatekeepers between brands and consumers as they control the information consumers receive.
2) For marketers, success will depend on learning how to market not just to consumers but to the machines to ensure brands are relevant and delivered in responses.
3) Only the most hyper-relevant brands that truly understand individual consumer needs and behaviors will be able to ensure their brand is the one the digital assistant selects and delivers to the consumer.
89% of consumers switch to a competitor after a poor CX Abhishek Sood
89% of consumers switch to a competitor following a poor customer experience, according to an Oracle study. But how can you use digital technology to improve your customers' experience?
Uncover how several prominent businesses embraced digital technologies to retain customers and increase profits. For example, Domino's Pizza had a 23% growth in profit after it allowed customers to track their deliveries online.
Discover the 4 factors that can make a digital transformation project profitable and worthwhile.
A framework-for-digital-business-transformation-codex-1048Beta-Research.org
This document introduces a framework for digital business transformation. It discusses four key areas for organizations to focus on: digitizing the customer experience, products/services, organization processes/systems, and operations. The framework is based on common elements identified across several industries that have successfully undergone digital transformation. It emphasizes using digital tools and customer data to improve customer insights, engage customers across channels, customize products/services, and monitor product usage. Organizations can apply this staged framework to develop a digital vision and transition to new digital business models.
The organizational adage ‘customer is king’ is not new. With a significant number of
organizational resources devoted to understanding the ‘king’s’ needs and responding to them,
this phrase, in today’s competitive business arena, is an understatement. With the increasing
customer touch points and avenues for customers to provide formal/informal feedback, the
modern day customer support ecosystem is a complex environment. There is a need to fuse the
different components of support ecosystem to create a coherent system and Big Data platform is
just the right catalyst that a flat-world organization today needs to re-energize its customer
service effort and venture out to capture newer horizons. This white paper looks at the different
components that make up the current customer support service environment and the challenges
they pose to a uniform integration strategy. Finally it highlights how Big Data can be leveraged
to achieve this strategy.
BIG DATA: PAVING THE ROAD TO IMPROVED CUSTOMER SUPPORT EFFICIENCYcscpconf
The organizational adage ‘customer is king’ is not new. With a significant number of
organizational resources devoted to understanding the ‘king’s’ needs and responding to them,
this phrase, in today’s competitive business arena, is an understatement. With the increasing
customer touch points and avenues for customers to provide formal/informal feedback, the
modern day customer support ecosystem is a complex environment. There is a need to fuse the
different components of support ecosystem to create a coherent system and Big Data platform is
just the right catalyst that a flat-world organization today needs to re-energize its customer
service effort and venture out to capture newer horizons. This white paper looks at the different
components that make up the current customer support service environment and the challenges
they pose to a uniform integration strategy. Finally it highlights how Big Data can be leveraged
to achieve this strategy.
Las tendencias que están redefiniendo la experiencia del cliente y su fidelización - See more at: http://www.sitel.com/es/noticias/sitel-senala-las-tendencias-que-estan-redefiniendo-la-experiencia-del-cliente-y-su-fidelizacion/#sthash.tMdJEjiA.dpuf
Trends Reshaping the Future of Customer Service Jules Smith
How is Customer Relations responding in 2016 to continued pressure on cost, expectation for higher quality, rising complexity, and decreasing cycle-time to respond to clients? This report addresses the drivers of trends we are observing – evolving channels and customer experience expectations – and will provide insight into methods for addressing the customer relationship evolution.
Gartner predicts that in 2020, organizations using AI tech will achieve long-term success 4 times more than others. Considering the exponential expansion and influence of AI and its exceptional value, adopting this technology is no longer a choice, but a need, for organizations.For more visit at https://www.payjo.co/blog/13-reasons-why-your-business-needs-ai/
Gartner predicts that in 2020, organizations using AI tech will achieve long-term success 4 times more than others. Considering the exponential expansion and influence of AI and its exceptional value, adopting this technology is no longer a choice, but a need, for organizations.
Here are 13 reasons why your business needs AI:
Digital customer experience report 2020Duy, Vo Hoang
Digital customer experience report 2020.
Bernard Slowey, worldwide lead for digital customer
support at Microsoft, maintains one of the biggest
mistakes in digital CX is not having a dedicated team.
“A lot of companies have teams of people focused on
call centers, as well as improving minutes-per-incident
and handle times for voice calls with customers, but
then digital is merely treated as a bolt-on to support
organizations,” says Slowey.
More than a third of our research group (36 per cent) is
seemingly making this mistake. For these brands
digital experiences are supported by multiple
functions, potentially between marketing, CX and
customer service departments. This dispersed setup
can result in customers receiving conflicting and
disjointed digital experiences.
However, the majority of the respondents (64 per cent)
recognize the value of dedicated digital experience
teams, which is an 18 per cent year-on-year increase.
Within 18 months of building its dedicated digital
customer support department, Microsoft’s digital team
achieved a 3× ROI (return on investment). This result was
obtained by solving customer issues digitally and so
reducing the volumes shouldered by more expensive
support channels such as voice.
AI & Data Analytics: 3 Ways They Can Improve Customer Experience And EngagementQuekelsBaro
Analytics, data, and AI have the potential to enrich marketers’ understanding of their customers’ experiences in order to deliver meaningful, relevant experiences in the future.
AGE OF EXPERIENCE, TRENDS RESHAPING THE FUTURE OF CUSTOMER SERVICE, by Gesner...Gesnerf
This report is the result of collaboration between Sitel’s employees and stakeholders from around the globe. Our company is now providing services through more than 61,000 employees in 21 countries on behalf of some of the best known brands in the world in the most diverse number of industries with global solutions that include customer acquisition, customer care, technical support and social media programs.
The question we try to address in this report is: how is the Customer Relations responding in 2015 to continued pressure on cost, expectation for higher quality, rising complexity, and decreasing cycle-time to respond to clients? This report will address the drivers of trends we are observing – evolving channels and customer experience expectations – and will provide insight into methods for addressing the customer relationship evolution.
Technology Analysis - Social Networking as an Avenue for CRMAshley Leonzio
1. The document discusses using social networking as part of customer relationship management (CRM) strategies. It explores how social networks can engage customers and generate new leads and insights for organizations.
2. Major CRM vendors like Salesforce, Microsoft, and Oracle are developing social networking applications to integrate social features into their CRM platforms.
3. Implementing social CRM brings benefits like multiple communication channels, real-time access to customers, and new sales leads. However, social CRM is still new and faces challenges like security concerns and lack of executive support in some organizations.
Keep your organization up with high quality Customer experience (CX) in digit...Sun Technologies
This document discusses the importance of customer experience in the digital era and provides recommendations for organizations to improve CX. It recommends that organizations 1) listen to customer feedback using tools to monitor reviews and surveys, 2) provide personalized experiences through customer profiling and segmentation, and 3) interact with customers through loyalty programs, social media, and customer service to build the brand and attract new customers. The takeaway is that organizations should partner with IT vendors to implement customized CX solutions using emerging technologies.
Digital transformation in sales: Evolving the Art of Customer EngagementAbhishek Sood
Digital transformation in sales requires organizations to continually evolve how they engage customers through both personal and digital interactions. The document discusses the different stages organizations go through in their digital transformation journey from Skeptics to Drivers. It describes how Drivers constantly experiment with advanced technologies to engage customers and gain a competitive advantage, resulting in 50% greater revenue growth compared to less transformed organizations.
The document discusses the shift from traditional to digital customer relationship management (CRM). Key points include:
- Traditional CRM focused on internal processes while digital CRM centers around the customer experience across all channels. It integrates digital channels like social media into CRM.
- Digital CRM allows companies to better understand customer context and react to issues in real-time. It also enables consistent communication across all touchpoints.
- A survey found over 90% of respondents felt omni-channel management will be important in the future as customers choose their preferred communication methods. However, industries like energy still have many older customers that prefer traditional channels.
Organizational Change Management: A Make or Break Capability for Digital SuccessCognizant
To realize the full benefits of digital transformation programs, businesses must manage the impact of digital change on their operational structure, culture and employees.
Digital transformation can be either a blessing or a curse depending on how companies approach it. It has shifted power to customers by giving them a voice online. While companies see themselves as delivering value, there is often a large gap between that perception and how customers experience it. Technology allows companies to gain insights into customers and personalize interactions to close that gap and build trust through better experiences.
Using Adaptive Scrum to Tame Process Reverse Engineering in Data Analytics Pr...Cognizant
Organizations rely on analytics to make intelligent decisions and improve business performance, which sometimes requires reproducing business processes from a legacy application to a digital-native state to reduce the functional, technical and operational debts. Adaptive Scrum can reduce the complexity of the reproduction process iteratively as well as provide transparency in data analytics porojects.
Data Modernization: Breaking the AI Vicious Cycle for Superior Decision-makingCognizant
The document discusses how most companies are not fully leveraging artificial intelligence (AI) and data for decision-making. It finds that only 20% of companies are "leaders" in using AI for decisions, while the remaining 80% are stuck in a "vicious cycle" of not understanding AI's potential, having low trust in AI, and limited adoption. Leaders use more sophisticated verification of AI decisions and a wider range of AI technologies beyond chatbots. The document provides recommendations for breaking the vicious cycle, including appointing AI champions, starting with specific high-impact decisions, and institutionalizing continuous learning about AI advances.
It Takes an Ecosystem: How Technology Companies Deliver Exceptional ExperiencesCognizant
Experience is becoming a key strategy for technology companies as they shift to cloud-based subscription models. This requires building an "experience ecosystem" that breaks down silos and involves partners. Building such an ecosystem involves adopting a cross-functional approach to experience, making experience data-driven to generate insights, and creating platforms to enable connected selling between companies and partners.
Intuition is not a mystery but rather a mechanistic process based on accumulated experience. Leading businesses are engineering intuition into their organizations by harnessing machine learning software, massive cloud processing power, huge amounts of data, and design thinking in experiences. This allows them to anticipate and act with speed and insight, improving decision making through data-driven insights and acting as if on intuition.
The Work Ahead: Transportation and Logistics Delivering on the Digital-Physic...Cognizant
The T&L industry appears poised to accelerate its long-overdue modernization drive, as the pandemic spurs an increased need for agility and resilience, according to our study.
Enhancing Desirability: Five Considerations for Winning Digital InitiativesCognizant
To be a modern digital business in the post-COVID era, organizations must be fanatical about the experiences they deliver to an increasingly savvy and expectant user community. Getting there requires a mastery of human-design thinking, compelling user interface and interaction design, and a focus on functional and nonfunctional capabilities that drive business differentiation and results.
The Work Ahead in Manufacturing: Fulfilling the Agility MandateCognizant
Manufacturers are ahead of other industries in IoT deployments but lag in investments in analytics and AI needed to maximize IoT's benefits. While many have IoT pilots, few have implemented machine learning at scale to analyze sensor data and optimize processes. To fully digitize manufacturing, investments in automation, analytics, and AI must increase from the current 5.5% of revenue to over 11% to integrate IT, OT, and PT across the value chain.
The Work Ahead in Higher Education: Repaving the Road for the Employees of To...Cognizant
Higher-ed institutions expect pandemic-driven disruption to continue, especially as hyperconnectivity, analytics and AI drive personalized education models over the lifetime of the learner, according to our recent research.
Engineering the Next-Gen Digital Claims Organisation for Australian General I...Cognizant
The document discusses potential future states for the claims organization of Australian general insurers. It notes that gradual changes like increasing climate volatility, new technologies, and changing customer demographics will reshape the insurance industry and claims processes. Five potential end states for claims organizations are described: 1) traditional claims will demand faster processing; 2) a larger percentage of claims will come from new digital risks; 3) claims processes may become "Uberized" through partnerships; 4) claims organizations will face challenges in risk management propositions; 5) humans and machines will work together to adjudicate claims using large data and computing power. The document argues that insurers must transform claims through digital technologies to concurrently improve customer experience, operational effectiveness, and efficiencies
Profitability in the Direct-to-Consumer Marketplace: A Playbook for Media and...Cognizant
Amid constant change, industry leaders need an upgraded IT infrastructure capable of adapting to audience expectations while proactively anticipating ever-evolving business requirements.
Green Rush: The Economic Imperative for SustainabilityCognizant
Green business is good business, according to our recent research, whether for companies monetizing tech tools used for sustainability or for those that see the impact of these initiatives on business goals.
Policy Administration Modernization: Four Paths for InsurersCognizant
The pivot to digital is fraught with numerous obstacles but with proper planning and execution, legacy carriers can update their core systems and keep pace with the competition, while proactively addressing customer needs.
The Work Ahead in Utilities: Powering a Sustainable Future with DigitalCognizant
Utilities are starting to adopt digital technologies to eliminate slow processes, elevate customer experience and boost sustainability, according to our recent study.
AI in Media & Entertainment: Starting the Journey to ValueCognizant
Up to now, the global media & entertainment industry (M&E) has been lagging most other sectors in its adoption of artificial intelligence (AI). But our research shows that M&E companies are set to close the gap over the coming three years, as they ramp up their investments in AI and reap rising returns. The first steps? Getting a firm grip on data – the foundation of any successful AI strategy – and balancing technology spend with investments in AI skills.
Operations Workforce Management: A Data-Informed, Digital-First ApproachCognizant
As #WorkFromAnywhere becomes the rule rather than the exception, organizations face an important question: How can they increase their digital quotient to engage and enable a remote operations workforce to work collaboratively to deliver onclient requirements and contractual commitments?
Five Priorities for Quality Engineering When Taking Banking to the CloudCognizant
As banks move to cloud-based banking platforms for lower costs and greater agility, they must seamlessly integrate technologies and workflows while ensuring security, performance and an enhanced user experience. Here are five ways cloud-focused quality assurance helps banks maximize the benefits.
Getting Ahead With AI: How APAC Companies Replicate Success by Remaining FocusedCognizant
Changing market dynamics are propelling Asia-Pacific businesses to take a highly disciplined and focused approach to ensuring that their AI initiatives rapidly scale and quickly generate heightened business impact.
The Work Ahead in Intelligent Automation: Coping with Complexity in a Post-Pa...Cognizant
Intelligent automation continues to be a top driver of the future of work, according to our recent study. To reap the full advantages, businesses need to move from isolated to widespread deployment.
The Work Ahead in Intelligent Automation: Coping with Complexity in a Post-Pa...Cognizant
How Digital Is Quickly Reshaping Customer Experience Processes
1. How Digital Is Quickly Reshaping
Customer Experience Processes
By invoking six strategies that reimagine the power of customer
support processes, digitally-savvy companies can create
unprecedented levels of new business value and significantly elevate
customer experience.
Executive Summary
Welcome to the new age of the digital customer,
a time when offering “customer support” isn’t
enough. In this time of heightened expectations,
delivering superior customer experience is now
a critical capability. Digital stalwarts such as
Google, Amazon, Facebook and Twitter have gone
beyond “tweaking” customer service and support
and fundamentally changed their operating
models to deliver sustained customer experience.
But if your organization, people, technologies and
processes aren’t ready for that level of change,
you’re not alone: Digital technologies such as
social, mobile, analytics and the cloud (or the
SMAC StackTM
) have taken the consumer space by
storm — and left customer support organizations
and the processes that enable them struggling for
a way to join in.
By digitizing key business processes, support
organizations are finally joining the revolution.
New and re-coded processes enable support to
offer genuine customer engagement — and to
accelerate profound, lasting change. Support
organizations are adopting strategies that do
away with outdated traditions (such as equating
the “offshore call center” with “customer
experience”) and embracing valuable new ones,
such as using smart talent and digital processes
to create more authentic experiences.
Long relegated to back-office status, customer
service and support has languished as a corporate
no-man’s land. Worse, traditional contact centers
are incident-centric; their only goal is the current
interaction. There’s no unified view of the
customer and no interest in prolonging the inter-
action. The message customers take away? “We’d
rather you didn’t call.”
What’s more, because relationships are becoming
less transactional and more interactional, support
is shaking off its back-office past and becoming
interwoven with today’s all-important customer
experience. (To learn more, read our latest white
paper “Putting the Experience in Digital Customer
Experience.”) In many companies, what was once
invisible to the C-suite is now gaining center
stage in terms of extending customer loyalty and
improving operational efficiency to drive top- and
bottom-line performance.
Despite the progress, many support organiza-
tions continue to associate digital engagement
with chat or Web self-service portals. But these
only represent one customer channel, and digital
data flows through every support channel — and
cognizant 20-20 insights | march 2015
• Cognizant 20-20 Insights
2. cognizant 20-20 insights 2
increasingly, customer experience data resides
outside of corporate CRM systems and in social
channels, such as Facebook, Twitter, LinkedIn and
others.
These swirls of digital data surrounding customers
are what we call their Code Halo.™ The “halo” in
the term Code Halo refers to the data that accu-
mulates around people, devices and organizations
— data that’s robust, powerful and continually
growing in richness and complexity.1
These halos
contain code that companies, brands, employers
and partners can use to more deeply enhance
their understanding of people or objects. They
contain the bits of data generated by customers’
digital activities — from online purchases and
browsing histories, to their clicks, likes and swipes.
Extracting meaning from Code Halos — and
applying that understanding to business
strategies and processes — is a new and essential
management skill that is not yet clearly or widely
understood. In a Code Halo environment, the
customer’s digital experience has the potential to
be as important as the actual transaction itself.
Using Code Halo principles, for instance, Amazon
can generate product recommendations specifi-
cally customized for the individual customer, and
the Nest thermostat can customize the tempera-
ture in your home according to your personal pref-
erences. By distilling and applying meaning from
Code Halo intersections, organizations enable
more meaningful, personalized and contextual-
ized customer interactions and transactions.
Leading support organizations are using meaning
mined from customer Code Halos to recode
support processes and deliver more profound,
positive and, in some cases, magical customer
experiences. In fact, post-sales support is fast
emerging as the key competitive advantage for
staying relevant and winning future market share.
This white paper details six practical strategies
for delivering a memorable customer experience,
driving sales and boosting revenue growth.
Six Ways to Recode Key Support
Processes and Elevate Customer
Experience
Redefine Support Processes for Proactive
Problem Management
In a world gone social, a company’s reputation —
and sales — may have already taken a hit by the
time complaints reach customer support. Leading
organizations are not waiting for complaints
to reach their call centers. Many are instituting
proactive processes to reach out and respond to
customer concerns via social media.
Twitter is ground zero for complaints, with 37%
of tweets related to customer service, according
to research by software maker Conversocial and
New York University.2
For example @NikeSup-
port proactively responds to customer questions
and clarifications, and tweets 15 times more than
the company’s official Twitter handle @Nike.3
Responding to questions and complaints via social
media is hardly proactive, but this example shows
Nike’s emphasis on support and its commitment
to making life easier for its customers.
Another approach is timely and proactive
outreach by support teams to mitigate negative
comments. One study found that 68% of
consumers who had posted complaints or
negative reviews on social media reported being
contacted by the retailer. The results? Thirty-four
percent of the consumers deleted their original
review, according to the research, commissioned
by enterprise CRM maker RightNow Technologies,
now part of Oracle. Even better, 33% replaced
the original post with a positive review, and 18%
became loyal customers and bought more.4
Chip maker Intel goes one step better. It uses
proactive problem management and leverages
feedback from support calls to improve its product
line. To reduce reported IT incidents requiring its
attention by 40%, Intel’s product team applied
text analytics to millions of client PC event logs
and thousands of client incident reports. The
effort also cut the number of blue-screen system
crashes by more than 50%.5
1
Leading organizations are not
waiting for complaints to reach
their call centers. Many are
instituting proactive processes
to reach out and respond
to customer concerns via
social media.
3. cognizant 20-20 insights 3
• The impact for your organization: Identify
ways your organization can redefine its
processes to drive proactive support — whether
responding to potential escalations via social
media like Nike or identifying opportunities to
improve the product line like Intel. Do you have
the organization and incentives aligned for
proactive support? Is there a process for taking
ideas to the next level?
It’s also essential to tie predictive and pre-
scriptive analytics to the service and support
process. Have you changed your processes to
capture and analyze data? Is there a closed-
loop mechanism in place? Does your support
team focus on generating customer insights to
drive actionable value? Laser focus is needed
to make the shift to proactive support.
Create Multiple Channels, One Experience
One great channel is no longer enough. Customers
move fluidly among call centers, IVRs, social
media queues, online chat and e-mail — and they
expect customer support to do the same.
While the integration of deceptively complex
processes and technologies is challenging for
organizations, the payoff is outsized: When
paired with analytics, the volume of smart data
derived from the customer experience and loyalty
processes can become a massive competitive
differentiator. A seamless experience delivers
the message that your organization values its
customers and encourages them to engage with
you.
Complicating that straightforward goal, however,
is the proliferation of new digital channels. Air
Berlin, for example — Germany’s second largest
airline after Lufthansa — began issuing boarding
passes and flight information to passengers’
smartwatches in early 2014.6
British airline Virgin
Atlantic outfits its concierges with Google Glass.7, 8
Voice-activated smartphone transactions are
another new digital point of contact. Customers of
USAA and Wells Fargo can use spoken commands
to interact with the financial services firms’
mobile apps.
Thenewchannels’advantagesareclearfororgani-
zations, as well as their customers. Voice banking,
for example, is predicted to reduce contact-center
calls by as much as 40% and save the financial
services industry more than $8 billion annually.9
But they also pose challenges, as inconsistencies
still hamper cross-channel support and make IT’s
job more difficult. New developments can help,
such as intelligent automated agents that use
machine-learning technology to gather informa-
tion and close the data gap between enterprise
systems.
Clearly, there is a need to integrate the customer
data that flows across the enterprise. To do
this, some companies are looking to establish a
customer data model. This model then becomes
the basis of a unified system of record that is the
repository for all customer interactions.
While this may sound challenging, potential
solutions serve as more affordable alternatives to
massive ERP upgrades. Capital One, for example,
has created an ambitious process through which
it uses its social media presence to listen, engage
with and learn from customers. For the strategy
to succeed, the financial services company
must coordinate multiple steps, first capturing
customer insights from its social efforts and then
populating them into its enterprise CRM system.10
Another approach is to deploy multiple analytics
engines to speed the delivery of a seamless per-
sonalized experience to each customer at the
point of interaction.
• The impact for your organization: Begin
planning your initiative to create a unified
view of customers. A unified view of customer
interactions is very different from enabling all
communication channels for support activity.
Having a common system of record is foun-
dational, and there are different approaches
to achieving it, from leveraging existing CRM
systems, to going to a cloud-based, multi-
channel solution. But the first challenge is
to change how your organization defines its
support outcomes. In addition to corporate
measures and metrics, how does your organi-
zation respond to customer demands to “hear
me,” “know me,” “anticipate my needs” and —
2
It’s essential to tie predictive
and prescriptive analytics to the
service and support process.
4. most important — “influence me”?11
How will
you apply Code Halos and their trove of rich
customer information and meaning to your
support processes?
From an IT perspective, can your systems
marshal customer messages and contacts from
every channel, including social media and CRM
systems?
Develop Personalized Product and Support
Experiences
Personalized products and services are becoming
a key area of focus for companies. Largely
driven by the capabilities of SMAC technolo-
gies, companies are beginning to craft tailored
and customized versions of everything from
stylish wardrobes to shipping options. According
to recent research from Cognizant’s Center for
the Future of Work, nearly half the companies
surveyed believe that digitizing the customer
experience to deliver “mass personalization” is a
core strategic goal. From our perspective, Code
Halos are a powerful force-multiplier to catalyze
the necessary process change, drive experienc-
es over transactions, prioritize suggesting over
selling, and truly drive “markets of one.”12
At the vanguard of product personalization
are wearables, such as fitness trackers like
Jawbone and Fitbit. The exercise wristbands
monitor activity levels and communicate with
companion apps and even virtual coaches that
record stats and offer advice for future improve-
ment. (For an example of this type of personalized
device/service, see our video and white paper
on connected health and our HealthActivate
solution.)
What does the trend of personalized digital
products mean for the process of service and
support? For one thing, it requires a mindset shift
regarding the customer, one that’s less reactive
and more encouraging — perhaps craving — of
customer engagement, questions and interac-
tions to learn about likes and dislikes. Scripted
interactions are out, and in their place are
open-ended exchanges with questions such as,
“How can we make your device work better?”
Imagine a customer receiving a new mobile phone,
and as soon as she turns it on, a customer support
rep reaches out through a simple automated
interface to ask, “What functionality do you want/
need on your new phone?” Not only does the
process of support become high-level work, but
its mission also advances, moving beyond the
function’s traditional focus on use, to fixing and
improving the customer experience.
Think of Amazon. Although its service and
support processes are almost always virtual, the
company still conveys profoundly personal inter-
actions. With other e-tail sites similarly serving up
personalized suggestions, consumers now expect
the same familiarity and helpfulness from all
channels of support.
Online retailers have taken the lead in rethinking
support staff roles, essentially dovetailing support
with sales — and altering the sales process from
one that’s transactional to one that’s focused on
the art of suggestion. For example, in the UK, online
retail giant ASOS refers to its CSRs as advisors
and is committed to providing white-glove service
to 20-somethings, including styling and wardrobe
advice. ASOS was among the first brands to offer
personalized advice through the Google Helpouts
real-time videoconferencing service.
But it’s not just online upstarts taking notice
of support’s new opportunities; Sears was also
an early entrant on Helpouts, staffing a dozen
“hangouts” with advice on topics like appliances
and home electronics.13
• The impact for your organization: As products
become more personalized, support’s mission
is leveraging digital to drive support processes
that are equally personalized. How are you
infusing personalization in your support
processes?
Leading companies are also rethinking their
talent and technology. The new approach to
talent management is hiring highly skilled
cognizant 20-20 insights 4
3
Online retailers have taken the
lead in rethinking support staff
roles, essentially dovetailing
support with sales — and altering
the sales process from one
that’s transactional to one that’s
focused on the art of suggestion.
5. customer advocates and advisors. This will be
the cornerstone for personalized support. For
the support organization, does your talent
strategy take these shifts into account? Are
you developing customer advocates and
advisors or just scripted-call agents?
On the technology front, as mentioned above,
leading organizations are creating unique
customer data models by leveraging internal
CRM and support data, as well as data from
social platforms that drives inputs into specific
service scenarios, while still providing flex-
ibility for best near-term business value.
Smart sourcing requires identifying partners
that understand the shifting expectations of
digitally-savvy customers. Is your partner
ecosystem at the leading edge of these
technology and talent best practices?
Deliver ‘Moments of Magic’; Go Beyond Metrics
Most support organizations still focus on
responding to incidents. But customers crave
“moments of magic,” those unexpected interac-
tions that leave them feeling valued. Imagine the
positive reactions among customers impacted
by Hurricane Katrina when Netflix waived their
charges for two months, for example. It was
probably a small gesture in the midst of a huge
personal crisis for its customers but nonethe-
less thoughtful and impactful. Customer support
needs to plan for such qualitative moments as
meticulously as it does for quantitative metrics.
The greater availability of business outcome-ori-
ented metrics is also driving support functions to
consider new benchmarks. For example, in order to
redefine how it measures customer service, global
telecom provider BT implemented the customer
effort score (CES) to uncover hurdles it had unin-
tentionally created.
14
CES — which measures how
easy it is for customers to interact with a business
— helped BT uncover its customers’ difficulty using
its IVR survey system. By simplifying the system,
BT boosted survey response rates — and its ability
to home in on customer experience.
From a digital impact perspective, using social
media to drive service and support is gaining
traction, but measuring the business value of
social customer interactions can be tricky. Volume
is one factor, but more important are the total
number of queries answered and the resulting
customer satisfaction rates.
Smaller, more qualitative gestures, however, leave
impressions on customers that are even more
lasting. These can be one-time occurrences, such
as special consideration or a fee waiver related to
a customer’s circumstances, or they can happen
through well-run loyalty programs. Seventy-six
percent of shoppers, for example, value the status
they attain through loyalty programs, according to
a 2014 survey by Cognizant and RIS News.15
The bottom line: Operational metrics still matter,
but versatility is essential for support organiza-
tions today. Whether B2B or B2C, customers want
recognition, and organizations need quantitative
and qualitative measures to deliver it.
• The impact for your organization: Evaluate
whether you have the right mechanisms and
metrics in place to measure business value. In
addition to quantitative measures, what quali-
tative barometers does your company use to
encourage “moments of magic” for customers
and to then convey success to the rest of the
organization?
Evolve Customer Support into a Listening Post
The one-to-one nature of customer support
makes it a goldmine of feedback on products,
services and processes. When organizations train
CSRs to probe for information as they respond
to inquiries and process returns, the support
function becomes an invaluable listening post.
The data feeding it requires consistency and a
single “version of the truth” across the organiza-
tion. Combining streams of data from different
sources into a “data lake”16
can help steer
cognizant 20-20 insights 5
4
Operational metrics still matter, but
versatility is essential for support.
5
6. business decision-makers to the insights they
need more quickly and efficiently; this is at the
heart of how Code Halos generate meaning and
insight from many different data sources, driving
innovation, sales, marketing around customer
support and customer experience processes
across the enterprise. (For more on data lakes,
read our white paper “Semantic Radar Steers
Users to Insights in the Data Lake.”)
Yet, according to Forrester, only one-third of
companies analyze customer insight across
boundaries.17
Customer insight may be a challenge
to take on, but the results can be eye-popping.
Dell, Inc., for example, converted the feedback
it collected from a customer service debacle
into useful product development information
that helped it recover from the public relations
fiasco and inspired the launch of IdeaStorm.com,
its groundbreaking platform for crowdsourcing
ideas. Dell continued to revamp and modernize
IdeaStorm in 2012.18
Converting customer support into an insight-
generator requires rethinking the support
function to shift focus from reactive to interac-
tive. There are two distinct steps to this shift. The
first is to identify the functional, operational and
cultural changes needed to create a more inter-
active support function. Some organizations like
Salesforce have senior leaders driving customer
experience and support. Several others, such
as Comcast, Samsung and United Health, have
developed the role of chief customer officer or
chief experience officer.
Leaders in these customer experience and
support roles are driving change in the organiza-
tional mindset — and developing mechanisms for
generating deep customer insight. Going further,
these leaders are enabling closed-loop feedback
by facilitating a dialog between support and
product development, in which both teams can
work from a single source of the truth — a singular
customer data model — as well as swap anecdotal
client insights and experience stories.
Absent these dedicated roles, senior marketing
executives need to act by understanding the
internal stakeholders inside the business that
own crucial aspects of customer interaction,
and break down unnecessary organizational
barriers to sharing vital customer information
and analysis.
The second shift is determining the process
mechanisms to listen more carefully to customers.
Organizations are enabling two-way interaction
through chat, voice and e-mail, together with
next best actions (arrived at through predictive
analytics) and offers, that can create more
meaningful and moving customer experiences.
• The impact for your organization: Evaluate
whether your organization accords support its
rightful place as a front-office function. Does
your C-suite include a chief support officer? A
chief customer officer?
Only when the entire customer experience is
represented at the decision-making table can
your organization create a more satisfied and
valued support function. Among other key
result areas (KRA), the chief support officer
should have the mandate to evolve support
into a listening function that generates key
insights to enhance customer experience. Chief
customer and support officers should consider
how they will generate these client insights and
create a closed-loop mechanism to feed into
product development, sales and marketing.
Empower Frontline Support Employees
Technology alone cannot create a memorable
customer experience, although it can enhance
and even transform it. Often, a missing link is the
empowerment of frontline employees, or CSRs.
To deliver positive and memorable experiences,
CSRs need their own positive employee experi-
ences backing them up. For example, in 2013,
T-Mobile incorporated gamification within its
employee collaboration platform as part of an
initiative to continuously improve service levels.
This not only helped the company do a better job,
cognizant 20-20 insights 6
Only when the entire customer
experience is represented
at the decision-making table
can your organization create
a more satisfied and valued
support function.
6
7. cognizant 20-20 insights 7
but it also increased recognition of employees
who did more to help the organization as a whole
and contributed to its knowledge base.19
The smartest support investments enrich CSRs’
work lives by according them the training and
empowerment they deserve. They ensure CSRs
can access the information they need to be
effective. They also make their lives easier and
even a little freewheeling. For example, Ritz-Carl-
ton lavishes attention on customers and famously
allots employees $2,000 per guest per day to
ensure a premier experience.20
Providing CSRs with the training they need to
succeed is a start. For example, customer service
superstar Zappos rings up only 5% of sales over
the phone, but because most of its customers call
at least once, it invests in extensive telephone
training that focuses on creating emotional
impact and lasting memories for customers.21
• The impact for your organization: Because
CSRs care for your organization’s customers
and its brand, employee satisfaction is a
requirement, not an option. Consider ways to
increase employee autonomy and flexibility.
Rethink how you measure performance and
reward CSRs. If your call center tracks average
hold time, determine whether the metric con-
tributes to a positive customer experience. If
not, engage employees to help establish new
metrics that will. A “moment of magic” score
may be one metric that you can leverage to
give rewards beyond normal operating perfor-
mance.
Consider empowering frontline support
employees with the authority to offer refunds
or incentives to wow your customers. It’s sur-
prising how few companies allow front-line
employees a dollar budget to deliver a memo-
rable customer experience. The answer may lie
in an organization’s emphasis on optimizing
support costs at the expense of the value it can
create.
Looking Forward: Steps Your
Organization Can Take to Get Started
Here are three suggestions for how your organi-
zation can begin preparing its customer support
function to take advantage of the new digital
processes underway:
1. Establish the position of chief support officer
or head of digital customer experience. Act
now by understanding the internal stake-
holders inside the business that own crucial
aspects of customer interaction, and break
down unnecessary organizational barriers
to sharing of vital customer information and
analysis. The chief support officer (or head of
customer experience) should be a leadership
role filled by a senior executive with a deep
understanding of digital customer experience
and strong ability to collaborate across best-in-
class partners. Additionally, she should have a
key role in the customer experience processes
across all customer-facing functions. Process-
level change requires consensus, but it also
demands leadership to drive it. Grant your
organization’s support executives the mandate
and resources to lead the digital process trans-
formation. Reward them for their successes,
and provide them with opportunities to move
quickly and learn (or fail) fast.
2. Take advantage of digital technologies and
approaches to recast customer support as
a front-office function. Leverage customer
service as a profit center. Review in detail your
sales and customer relationship management
processes. Develop a digital process plan,
including the applicability of Code Halos.
3. Go beyond metrics and define how your
organization can create, deliver and reward
moments of magic. Identify specific interaction
points with customers that have the potential
for moments of profoundly personal and
knowledgeable engagement with customers.
This can occur during setup, returns, cancel-
lation or other scenarios. Clearly identify how
you would empower the frontline support
advisor to deliver a memorable experience, by
using tools such as customer journey maps.
These blueprints can give way to a minimum
viable solution that stems from a larger digital
experience technical architecture, including
roles and responsibilities, touchpoints, value
hypothesis, refined success criteria, data
requirements and management.
Consider empowering
frontline support employees
with the authority to offer
refunds or incentives to wow
your customers.
8. cognizant 20-20 insights 8
Footnotes
1 For more on Code Halos and innovation, read “Code Rules: A Playbook for Managing at the Crossroads,”
Cognizant Technology Solutions, June 2013, http://www.cognizant.com/Futureofwork/Documents/code-rules.
pdf, and the book, “Code Halos: How the Digital Lives of People, Things, and Organizations are Changing the
Rules of Business,” by Malcolm Frank, Paul Roehrig and Ben Pring, published by John Wiley & Sons. April 2014,
http://www.wiley.com/WileyCDA/WileyTitle/productCd-1118862074.html.
2 “Conversocial Research Finds 37% Of Tweets Mentioning Retailers Are Customer Service-Related,” RedOrbit,
Feb. 18, 2013, http://www.redorbit.com/news/technology/1112786271/conversocial-research-finds-37-of-tweets-
mentioning-retailers-are-customer/.
3 Nate Smitha, “Lessons from @Nike Support’s Twitter Customer Service Metrics,” SimplyMeasured, Dec. 11,
2012, http://simplymeasured.com/blog/2012/12/11/lessons-from-nikesupports-twitter-customer-service-met-
rics/.
4 “The Retail Consumer Report,” RightNow Technologies, July 2011,
http://www.harrisinteractive.com/vault/RightNow-Retailers-Social-Media-2011-03-02.pdf.
5 “Reducing Client Incidents through Big Data Predictive Analytics,” Intel, December 2013,
http://www.intel.com/content/dam/www/public/us/en/documents/white-papers/reducing-client-incidents-
through-big-data-predictive-analytics.pdf.
6 “Air Berlin’s Latest iOS App Can Push Boarding Passes to Your Pebble,” Engadget, April 22, 2014,
http://www.engadget.com/2014/04/22/air-berlin-pebble/.
7 “Why Virgin Atlantic Chose Google Glass Over Tablets and Smart Watches,” Skift, June 23, 2014,
http://skift.com/2014/06/23/why-virgin-atlantic-chose-google-glass-over-tablets-and-smart-watches/.
8 Micah Solomon, “Virgin Bets on a Google Glass Customer Experience,” Forbes, June 3, 2014,
http://www.forbes.com/sites/micahsolomon/2014/06/03/virgin-atlantic-transforms-its-customer-service-with-
google-glass-technology-but-should-you/.
9 Olga Kharif, “USAA to Geico Test Voice Apps Seeking $12 Billion in Savings,” Bloomberg, Dec. 30, 2013,
http://www.bloomberg.com/news/2013-12-30/usaa-to-geico-test-voice-apps-seeking-12-billion-savings.html.
10 Andrea Incalza, “Social Media for Customer Service Summit: The Genie Is Out of the Bottle,” MyCustomer,
Nov. 12, 2013, http://www.mycustomer.com/feature/social-crm/social-media-customer-service-summit-genie-
out-bottle/165967.
11 Understanding where, when and how that happens is a core principle of the book Code Halos.
12 “Putting the Experience in Digital Customer Experience,” Cognizant Technology Solutions, November 2014,
www.cognizant.com/InsightsWhitepapers/putting-the-experience-in-digital-customer-experience-codex1180.
pdf.
13 “Retailers Offer One on One Service Through Google Helpouts,” Stella Service, Jan. 22, 2014, http://happycu-
stomer.stellaservice.com/2014/01/22/retailers-offer-one-on-one-service-through-google-helpouts/.
14 Warren Buckley, “BT: How Measuring Customer Effort Saved our Service Operations,” Mycustomer.com, Oct.
11, 2012, http://www.mycustomer.com/topic/warren-buckley-bt-measuring-effort-revolutionised-our-customer-
service/158207.
15 “2014 Shopper Experience Study,” Retail Info Systems News/Cognizant, April 2014,
http://www.cognizant.com/InsightsWhitepapers/2014-Shopper-Experience-Study.pdf.
16 “Semantic ‘Radar’ Steers Users to Insights in the Data Lake,” Cognizant Technology Solutions, September
2014, http://www.cognizant.com/InsightsWhitepapers/semantic-radar-steers-users-to-insights-in-the-data-lake-
codex895.pdf.
17 Robert Brown, “The Disruption of Inventions,” Signals from the Future of Work, June 23, 2014,
www.futureofwork.com/article/details/the-disruption-of-inventions.
18 “Forrester’s Top Trends for Customer Service in 2014,” Jan. 13, 2014,
http://blogs.forrester.com/kate_leggett/14-01-13-forresters_top_trends_for_customer_service_in_2014.