QuestionPro Owen CX - Proven CX Framework You Need to Engage Organization

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Transcript of QuestionPro Owen CX - Proven CX Framework You Need to Engage Organization

Beyond NPS:

The Proven CX Framework You

Need to Engage Your Organization

Speakers

Vivek Bhaskaran, CEO Richard Owen, CEO

Co-creator of NPS

Customer Experience intelligence software to build better customer relationships with to facilitate two-way conversations to deepen loyalty and improve operational efficiencies.

About QuestionPro CX

Create Distribute Collect and Analyze Take Action

Survey design leader

• Survey-type agnostic

(NPS, CSAT, CES)

• 40+ Question Types: 10+

logic; video; images; stars;

HTML

• Fully customizable

Get real-time insights

immediately

• Role-Based Dashboards

• Text Analytics

• Driver Analysis / CX Priority

Matrix

Omnichannel experience

• SMS, Intercepts, Email,

FTP/API, Offline/Kiosk, In-app

• Automated deployment: Event-

based triggers (such as closed

lost, support case closed),

scheduled date/time

Prioritize and engage your

entire organization

• Closed-Loop: Follow up with

your customers immediately

• Take action with Smart-Loop

for operational adjustments

• Social Amplification

The Owen CX Group is a new company built on 15 years of NPS leadership with it’s sole focus on helping

firms achieve winning business outcomes through successful NPS programs.

Best-practice driven, the best programs stand on the shoulders of years of experience, trial and error. That

experience has been codified into our approach with experience, models, data and networks.

A Combination of

[art + science]

Chat with us!

WE ARE LIVING IN A NEW

PARADIGM

Products → Products + Services → Customer Centric →

Relationship Centric

1970’s 1990’s 2000’s Today

IN THE LAST 6 YEARS, CUSTOMER EXPERIENCE LAGGARDS HAVE EXPERIENCED A NEGATIVE CUMULATIVE RETURN*

+ 45.1%

Customer Experience Leaders

- 38.7%

Customer Experience Laggards

vs.

Customer experience is a combination of a company’s rational performance and the

emotions evoked in all of the interactions between a company and customer.

What is Customer Experience?

CX = Emotion x Value

Top 3 CX Challenges

1. Data Quality

2. Organizational Engagement

3. Inertia

Organizational Engagement

Incentives drive behaviorDon’t just think “money”

Alignment means different things for different levels

Trigger actions in multiple waysTo drive results over time

01

02

03

Key CX Lessons

Collaborative approach to design decisions including best practice sharing

INCENTIVESnon-financial and financial

designed for culture

ALIGNMENTspecific approaches for each organizational level

ACTIONSdesign and implement processes

that trigger engagement

GOALSestablish clear business and cultural objectives and timelines

ENGAGE THE ORGANIZATION

DISRUPTIONthe actual or perceived burning platform

FRICTIONthe natural counter-

incentives for CX transformation

The Proven Framework

TIME TO VALUE

REL

ATI

VE

NP

S IM

PA

CT

FRONTLINE

✓ Recover Detractors✓ Mobilize Promoters✓ Smart Resource

Allocation

FUNCTIONAL

✓ “local” optimization✓ Optimize functional/touchpoint ✓ performance✓ Single functional

STRATEGIC

✓ “Global” optimization

✓ Resource prioritization

✓ Cross functional

DISRUPTIVE

✓ Resource disruption

✓ Innovation

The Action Framework

Recognize desired behavior and reward it

Trigger actions based on changes in data

Invest effort in aligning multiple levels

Model goals out over multiple years

Link compensation to weak data and causal targets

Leave follow through execution to chance

Forget economic linkage as a basis for executive alignment

Think in terms of “absolute NPS” improvement

Do’s and Don’ts

Do Don’t

Smart Loop

Closed Loop

Root Cause

Smart Alerts

Real-Time AlertsCustomer

Feedback

Smart

Loop

Closed

Loop

Location/Regional

Manager

Alerted

Manager

Takes Action

Corporate / Region:

Analysis, Reports

& Alerts

Root

Cause & Patterns

IdentifiedCompany makes

changes to fix root

cause

Smart Loop

Root

Cause

Program Efficacy

Employee Engagement

Introducing Smart Loop

Smart

Loop

Analytics

Driver Analysis CX Priority

CX Priority Matrix and Driver Analysis

Thank you!Q&A

Vivek Bhaskaran

vivek.bhaskaran@questionpro.com

www.questionpro.com

Richard Owen

success@owencx.com

www.owencx.com