Closing the Customer Experience Gap

Closing the Customer Experience Gap

“Customer Experience is a top 3 area of focus for CEOs in 2021"

"Customer Experience is the next competitive battleground”

“A brand is defined by its customer’s experience”

All are right.

So why do we continue to take a myopic view of CX?

Why do we listen to one part of our organisation and not ask our customers? 

Why do we shoehorn a CX agenda to meet our own objectives and outcomes?

When asking the question “What do you believe your customers value most?” to different roles in the Financial Services sector, here are the top 3 responses:

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Compare this to the top 3 “What do you value most?” responses from revenue decision makers at customers.

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Whilst not a comprehensive study, it does highlight the gaps and the ongoing challenge of embedding CX in the culture and fabric of an organisation and pivoting the entire organisation to be ‘customer-first’.

CX is not a ‘function’, ‘department’ or ‘strategy’. It has to be driven from the top and become a ‘way of being’. This way, we will realise all the commercial and cultural benefits we are striving to achieve.

My fear. Unless we do this properly, CX will be yesterday’s trend.

My hope. That my fears are unfounded due to the efforts and achievements of the many outstanding CX leaders and professionals.

Keep evangelising, sharing your successes and growing the CX community.

Keep Closing the CX Gap.

Most importantly, keep doing what you’re doing.

Greg Melia, CAE

CEO @ CXPA | Certified Association Executive (CAE) | Customer Experience Community Connector

3y

So much to love in this post Richard Jeffreys. I particularly agree that “CX is not a ‘function’, ‘department’ ... It has to be driven from the top and become a ‘way of being’. The definition of a CX professional from the Customer Experience Professionals Association (CXPA) emphasises this point: “A CX professional is a catalyst who enhances an organization's results by understanding, designing, and improving experiences across the entire customer relationship.” Yes, we need support from the top - but we must also do the difficult work of building understanding and support across the various functions of the organization. CXPA is especially committed in 2021 to supporting CX pros by equipping them with consensus based knowledge to do just that. It isn’t as much a question anymore whether people are aware of CX or the impact it has made for so many — it is the hard work of ensuring that CX work is comprehensive and well formed and can benefit those who adopt a CX approach. Check out more thoughts from CXPA on this at www.whatiscx.com.

Desiree Pels

Portfolio Business Transformation Lead | CCXP | Design Thinking Coach

3y

Hi Richard Jeffreys, Oh yes, this will need a whole book! 😉 Starting indeed with getting the executive committee onboard, what are the benefits of investing in CX, demonstrate how it can grow your business (customer retention, acquisition, expansion, increase revenue, lower cost to serve, etc.), identify CX ambassadors to promote and diffuse CX behaviors across the organization. Having the right technology in place to be able to listen (omni-channel), understand and act on customer (and employee) feedback, centralized on a single platform, integrated in your IT landscape and empowered by IA to gain actionable insights, that is shared across the organization. Let customers know their voice is being heard and take corrective actions on CX strategy and processes. Align employees, enable cross-functional collaboration, share customer stories, institute rituals and encourage CX innovation. It’s about putting the customer at the heart of everything you do in your business! 😍

Richard Jeffreys

Banking Managing Director | FinTech Exec | Generating Sustainable Value from Customer Initiatives | Data-led Value Realisation | Organisational Transformation | Passionate about Culture and People-Centric Transformations

3y

Blake Morgan Greg Melia, CAE Bruce Temkin Desiree Pels, CCXP Monika Schulze Megan Bowen. As CX leaders, I am keen to hear your thoughts. I believe our role isn’t just to advocate the benefits of CX, it’s to help people understand, identify and close the gaps (be these organisational, cultural, technical, process) in order to drive commercial success and deliver corporate goals.

Richard Jeffreys

Banking Managing Director | FinTech Exec | Generating Sustainable Value from Customer Initiatives | Data-led Value Realisation | Organisational Transformation | Passionate about Culture and People-Centric Transformations

3y

#humancentreddesign #hcd #emotionalintelligence #customerexperience #customerjourneys #experiencedesign #knowyourcustomers #measurewhatmatters #customersatisfaction #servicedesign #csat #nps #customerservice #customerjourneymap #voiceofthecustomer #revenuegrowth #organizationaldesign #orgdesign #storytellers #storytelling

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Alistair Bennett

Digital & AI Transformation Director | Chief Product Strategy | Architecture and Design | Technology Strategy | Interim Executive and Leadership Coach | #financial services #digital #data #customer #agile sustainability

3y

Richard Jeffreys I like this simplicity. Would love to catch up again....a few points for us I would add that it is not just about the internal culture (the core), It is about: - looking at the entire ecosystem of the organisation and establish mechanisms to continually assess whether suppliers/stakeholders hold the same CX focus. - With machine learning/AI becoming mainstream ensuring that system protocols/algorithms have CX principles built in will be paramount to future success - building out ways of working to incentivise innovation in this space using a wider insight group will prove valuable

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