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How to Win Leadership Commitment This article was originally published in part at [link] Introduction Customer Experience (CX) transformation has become a strategic priority for B2B organizations because it directly influences key business outcomes. Demonstrating the value of CX (e.g.,
CX transformation in a B2B organization means making customer-centric improvements across the entire business. It is a comprehensive effort that goes beyond isolated fixes, requiring alignment of leadership, strategy, culture, technology, and processes around the goal of delighting the customer.
Aligning the Organization’s Culture The organization’s culture should support and promote customer-centric values. This can be achieved through training programs focused on empathy and customer service, performance metrics prioritizing customer satisfaction, and leadership modeling these priorities.
Last week, 120 experience leaders in innovation, insights, customer operations and digital transformation gathered for the ChiefCustomerOfficer Summit at the Park Hyatt Melbourne to discuss the state of customer experience (CX). Practice mindful leadership. “Leadership matters.
Aligning the Organization’s Culture An organization’s culture should support and promote customer-centric values. This can be achieved through training programs focused on empathy and customer service, performance metrics prioritizing customer satisfaction, and leadership modeling these priorities.
I speak with customer experience professionals every day. Some of them have fancy, customer-focused titles like ChiefCustomerOfficer or Vice President of Customer Experience. Others have more common org chart regulars, like Chief Marketing Officer or Voice fo the Customer (VoC) Director.
Enrique Gómez Alonso is since February 2015 ChiefCustomerOfficer in Zurich Insurance Spain. In his current position he is responsible of defining and implementing Zurich Spain customer strategy, from customer experience to customer base management or customer data analytics. About Enrique.
The Net Promoter System® (or NPS) has been a popular customer experience metric since its creation in 2003. NPS is used by the biggest companies and leaders in its industries: from Apple to Airbnb, from Amazon to Tesla. At the same time, NPS is often a subject of critics and misunderstanding. That makes the NPS of NPS 32.
I was recently speaking with a friend who’s a ChiefCustomerOfficer. She has the support of her boss, the CEO, who often speaks of the importance of CX and why having a ChiefCustomerOfficer is so valuable. But one thing missing from her charter: Doing anything about the Customers’ experiences.
In this episode, I speak with Margie Dillon, the EVP and ChiefCustomerOfficer for Liberty Mutual , about her unusual path from Chief Financial Officer to ChiefCustomerOfficer. I call that One-Company Leadership. Episode Overview. Connect With Margie. Margie is on LinkedIn.
Customer Success is focussed on listening to the VOC, and they do an excellent job at distilling what the customer is saying. For example, employee NPS has a strong correlation with customerNPS. CS focuses on tangible operational data like renewals, product usage adoption and NPS scores. Conclusion.
Disruptive Customer Experience Management platform CloudCherry has appointed Deborah Eastman, a thought leader in the Customer Experience space, as part of its board of directors. Previously, she was with Satmetrix as the ChiefCustomerOfficer, consulting with top organizations to adopt NPS and build a customer-centric business.
In my conversation with Isabella Lau , who has held the hybrid role of both CMO & CCO at Manulife Hong Kong for over 7 years, we discuss this emerging expanded role, how Isabella is driving both brand, operational, and cultural leadership – and why her unique background in both operations and marketing prepared her for success.
In this episode, we talk about the evolution of both customer experience as a holistic experience and of the chief experience officer and chiefcustomerofficer roles over the past few decades. 7 Customer Experience Insights You Can Apply to Your Organization.
Last year, Walmart added a chiefcustomerofficer role to better align its digital and brick-and-mortar business, especially as competition from Amazon continues to increase. Their goal is to keep the customer at the center of its operations. Ask yourself, how are you meeting the customers’ goals?
The following post is an excerpt from my book: ChiefCustomerOfficer 2.0. These stories come from CCOs who have faced numerous challenges, yet persevered in pushing their metaphorical “rock up the hill” by uniting their leadership teams, working through challenges, and ultimately achieving success in doing so.
As I continue to develop my Customer Experience Specialism around the globe, a number of questions are continually raised by the people I meet. These questions include the following examples: Should I measure NPS or CSat? How many customer segments should we have? Should we have a ChiefCustomerOfficer.
The role of the chiefcustomerofficer has become an essential function in subscription-based business models such as software-as-a-service (SaaS), where customer retention is paramount and requires executive-level leadership. If a customer churns before the payback period is met, it’s a financial net loss.
Of all there lies the customers head, ChiefCustomerOfficer (CCO) who is one among the C suites of the departments to deliver the customer success. Handling difficult customer interactions by offering the best customer experience is part of their deal. The traits needed in a chiefcustomerofficer.
The Net Promoter Score (NPS) or “the ultimate question” as it is commonly referred to, has a history that dates back a full 26 years. With three questions now included in the NPS series, this is more often referred to as the Net Promoter System. NPS is very much alive and well as a primary CX metric in 2019, within B2B organizations.
Customer Success is focussed on listening to the VOC, and they do an excellent job at distilling what the customer is saying. For example, employee NPS has a strong correlation with customerNPS. CS focuses on tangible operational data like renewals, product usage adoption and NPS scores. Conclusion.
Here are five important recommendations that ChiefCustomerOfficers should focus on to drive net revenue retention: 1. Companies that invested 10 percent of revenue in customer service saw the highest NRR. So, if your executive leadership team isn’t up to speed with this data, it’s time to call an all-hands.
Welcome to Episode 12 of The ChiefCustomerOfficer Human Duct Tape Show. In this edition, my guest is Natalie Schneider, the Vice President of Customer Experience at Anthem, Inc. The starting point for customer experience in healthcare: Anthem is an enormous company. .” Episode Overview. More About Natalie.
The C-suite executive responsible for an amicable relationship between the customers and the organization is the ChiefCustomerOfficer (CCO). Organizations know the value of a customer and would do everything in their power to please each one of them. . What is the importance of a ChiefCustomerOfficer?
ChurnZero is proud to have won the APPEALIE SaaS Marketing Leader Award and see many of our customers win the SaaS Customer Success Leader Award. . APPEALIE announced the twelve winners of the 2020 SaaS Leader Awards, a software leadership award honoring the top Marketing and Customer Success executives in the industry. .
This is true both in terms of Customer Experience – e.g., are there strategic goals around CSat or NPS ? -, and in terms of broader business objective – e.g., increasing market share, reducing churn, cutting costs, etc. How is NPS increase related to revenue increase or reduced churn? And so on.
Before getting into some of the details around the mapping process, I’d like to focus on when and where this mapping process originates within the organization—in other words, who and what are the key drivers of wanting to better understand customers to deliver value, meet or exceed their expectations, and achieve business goals and outcomes.
Amy Downs is the ChiefCustomer Success & Happiness Officer at Lifesize, a company enabling communication and collaboration among many mediums (their slogan is “connecting people to make their workplace great” ), was quite interesting. At Lifesize, she was initially VP of Customer Care.
For concrete ideas on how companies can scale their CX programs, we recently sat down with Kia Puhm , a Toronto-based executive with over 22 years of experience in customer success, marketing and software engineering. Puhm’s leadership experience includes stints at Oracle, Eloqua and Adobe. She is now the principal of K!A
Well, that’s where the Chief Experience Officer comes into play. CXO stands for Chief Experience Officer. People might also refer to this position as ChiefCustomerOfficer, ChiefCustomer Experience Officer, Chief Client Officer, or ChiefCustomer Service Officer.
Over the past two years, the CX leaders and CCOs that I’ve spoken with have shared great actionable advice and tactics to help you transform the culture of your organization to be customer-driven. Share the Customer Story : While meeting with the C-Suite, Patricia also presented the voice of the customer feedback.
A common challenge of chiefcustomerofficers and other customer executives is the need to prove the ROI of customer centricity. To effectively demonstrate value, customer executives need to show how their customer initiatives impact one or more of these key factors.
A formal CCO (ChiefCustomerOfficer) or CEO (Chief Experience Officer) is not important by title, but by the role they play in connecting the departments and employees of a company to create a unified, effortless, distinguished customer experience. You’re in charge of #CX!'”
A number of years ago, JetBlue analyzed NPS results correlated with passenger behavior and found that each detractor converted to promoter is worth $40 additional profit and each 1-point overall NPS gain yields a $5-8M increase in annual revenue.
How do you sell CX to leadership? Think about it: If I promise you some sort of return on CX as specific as, “one point in NPS improvement means $XX,000,000 in revenue growth,” this is almost impossible to prove, and sets up a very dangerous expectation. I’ve even written about it myself on several occasions.
Case in point—How many more articles are necessary to explain NPS? NPS is still a viable and valuable tool in the CX toolkit and it can certainly provide insights based on reasonable expectations. Customer Journey Mapping is another case in point. We just need to become more reasonable.
She held a number of CX leadership roles in FTSE 100 organizations and later founded her own customer experience design based consultancy firm, CMXperience. She is now ChiefCustomerOfficer at ClearAction Continuum. Diane Magers – CCXP, CX Expert, Founder and Chief Experience Officer at Experience Catalysts.
How do you break down your programs to achieve maximum benefit for both your customers and your company? Fundamental: Basic Leading and Lagging Indicators in Customer Success – Understand the cause and effect relationship between leading and lagging indicators to plan for 2020.
Ideally, customer success will be represented in the C-suite by a ChiefCustomerOfficer (CCO), or an equivalent position. . But alignment is more than just having a seat at the leadership table. Customer lifetime value (LTV) is now more important than quarterly sales. In customer success, content is core.
This is a guest blog post by Jay Nathan, ChiefCustomerOfficer at Higher Logic. A J oint Success Plan is a simple but powerful tool for outcome-based customer success management. It’s designed to help solution providers align with their customers’ business goals and objectives.
Totango’s Chief Marketing Officer (CMO) Karen Budell recently joined an episode of the MarTech podcast to discuss the importance of the partnership between marketing and customer success and explain why ChiefCustomerOfficers (CCOs) should have a seat next to CMOs at the C-suite table.
Recently, our ChiefCustomerOfficer, Ashvin Vaidyanathan , met with Mike Rivisto , Senior Vice President, Customer Success, and Services at ServiceChannel along with their Senior Director of Customer Success, Jessica Countess. While their recent NPS score of 73.8 While their recent NPS score of 73.8
At Workshop — a tool built to improve company culture through open and efficient internal communication — Co-founder and ChiefCustomerOfficer Derek Homann is focused on using customer service as a differentiator. To have a better grasp on overall satisfaction, you might look to things like CSAT, CES , or NPS.
(CustomerThink) If “customer experience” has innumerable interpretations, the same can likely be said about the ideal role of the Head of Customer Experience. My Comment: This is a great article for leadership to understand the role and need of the ChiefCustomerOfficer (or whatever title a company uses for the same responsibilities.)
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