Mon.Sep 23, 2024

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Experience-Led Growth: The Path to Sustainable Differentiation

Middlesex Consulting

Outstanding customer experiences are the path to sustainable differentiation and growth for industrial OEMs. This article connects the dots between Growth, ➜ Sustainable Differentiation, ➜ Great Customer Experiences, ➜ Standard Processes. While each step is important, I believe that the most insightful part of this article is the methodology developed by Jon Picault to quantify […] The post Experience-Led Growth: The Path to Sustainable Differentiation appeared first on Middlesex Consultin

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How to Build a Culture That Employees and Clients Love with Terry Turner

ShepHyken

This episode of Amazing Business Radio with Shep Hyken answers the following questions and more:    How does a positive employee experience translate to a better customer experience? What are effective strategies for reducing employee turnover? How can businesses balance high-tech solutions with high-touch customer service? How does stability in the workforce enhance overall customer satisfaction?

Culture 78
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Govern generative AI in the enterprise with Amazon SageMaker Canvas

AWS Machine Learning

With the rise of powerful foundation models (FMs) powered by services such as Amazon Bedrock and Amazon SageMaker JumpStart , enterprises want to exercise granular control over which users and groups can access and use these models. This is crucial for compliance, security, and governance. Launched in 2021, Amazon SageMaker Canvas is a visual point-and-click service that allows business analysts and citizen data scientists to use ready-to-use machine learning (ML) models and build custom ML mode

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How to Make Your Sales Enablement Strategy Actually Work

Integrity Solutions

Sales enablement has become an integral component of the modern sales organization, yet there is still confusion around what sales enablement actually is and, crucially, how to really make it deliver results for your salespeople and your business. As sales leaders grapple with continual volatility and complexity in the selling ecosystem, they’ve increasingly turned to sales enablement strategies to help improve sales outcomes and drive growth more efficiently.

Sales 67
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How To Foster Resilient Retail Operations For 2025

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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Transforming home ownership with Amazon Transcribe Call Analytics, Amazon Comprehend, and Amazon Bedrock: Rocket Mortgage’s journey with AWS

AWS Machine Learning

This post is co-written with Josh Zook and Alex Hamilton from Rocket Mortgage. Rocket Mortgage, America’s largest retail mortgage lender, revolutionizes homeownership with Rocket Logic – Synopsis, an AI tool built on AWS. This innovation has transformed client interactions and operational efficiency through the use of Amazon Transcribe Call Analytics , Amazon Comprehend , and Amazon Bedrock.

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The Reality Gap: Sentiment Analysis vs. Customer Feedback

COPC

Amid the constant shifts in contact centers and customer service, the allure of technological solutions often draws our focus. One AI-powered tool that has gained widespread use is sentiment analysis, designed to gauge customer emotions and improve service delivery. However, despite its popularity, many executives remain unconvinced of its value. We conducted proprietary research for the COPC Standards Committee, which reveals that only around 40% of contact center leaders report seeing a meanin

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Why manufacturers are prioritizing sustainable supply chains

West Monroe

Motivations to prioritize sustainability and decarbonization have shifted, specifically in manufacturing. Notably, changing consumer sentiment and culture, growing technology and product innovation, and evolving dynamics of supply chains are driving trends for the industry to prioritize sustainability initiatives. In fact, “20% of the world’s largest companies have made net-zero commitments, representing sales of nearly $14 trillion,” with more than 400 large U.S.

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How To Motivate Today’s Workforce

The DiJulius Group

“Great leaders make the world a better place; they are willing to do what it takes, make the necessary sacrifices, and rally others to do the same.” The Critical Importance Our Work Plays in Our Meaning and Purpose A study of Shell Oil employees found that those who retired at 55 and lived to be. Read Full Article The post How To Motivate Today’s Workforce appeared first on The DiJulius Group.

How To 52
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Improving CX by Overcoming the Challenges of AI Support

Help Scout

Implementing AI Support is challenging. Here are the main issues your support team will need to overcome and why the ROI is worth the effort.

ROI 59
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The State of Digital Customer Experience Report 2024

This comprehensive report explores the evolving landscape of customer and business expectations, with five key trends that will help you understand your customers and stay ahead of the competition. Discover how your peers are implementing AI to improve customer experience with granular insights into their CX investments and specific AI use cases. For the first time, customers prefer digital channels when interacting with a business.

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The Dual Imperative in Banking: A Balancing Act Between Operational Efficiency and Innovation

Strativity

The post The Dual Imperative in Banking: A Balancing Act Between Operational Efficiency and Innovation appeared first on Material.

Banking 52
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Avoiding Digital Imperialism In Age Of AI

Forrester's Customer Insights

As artificial intelligence (AI) becomes a key driver of economic growth, it presents both opportunities and challenges. To ensure AI benefits society, employees, customer and organizations, it’s crucial to prevent a scenario where the concentration of power in the tech sector leads to a new form of digital dominance.

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Data Lake Implementation — Expected Stages and Key Considerations

Strativity

The post Data Lake Implementation — Expected Stages and Key Considerations appeared first on Material.

Data 52
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Who Is Your CISO? Understand Their Background To Reduce Risk And Bolster Trust

Forrester's Customer Insights

One of the three principles of High-performance IT (HPIT) is to build trust on a foundation of security, privacy and resilience. As a CIO, executing your strategy will be much easier if you unleash the talent of the person who plays an outsized role in building a trusted business: your Chief Information Security Officer (CISO).

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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20 Analytical Tools Every Market Researcher Should Know

Strativity

The post 20 Analytical Tools Every Market Researcher Should Know appeared first on Material.

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CX Platforms For Healthcare Transform Engagement From Transactional To Trustworthy: Key Takeaways From The Forrester Wave™

Forrester's Customer Insights

Healthcare providers and health insurers are exhausted from point-solution fatigue. Narrow focus on the “digital front door” in healthcare has yielded some success on customer acquisition but left much to be desired on the trust frontier. To earn trust, healthcare organizations (HCOs) must create value with customers.

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12 Rules of Impactful Modern Loyalty Programs

Strativity

The post 12 Rules of Impactful Modern Loyalty Programs appeared first on Material.

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Forrester’s 2024 Technology Strategy Impact Award Winners For EMEA

Forrester's Customer Insights

Get a detailed look at how the two winners of Forrester’s 2024 Technology Strategy Impact Awards for EMEA have successfully demonstrated exceptional alignment, adaptivity, and trust in their IT strategies, setting a shining example for their respective industries.

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The AI Superhero Approach to Product Management

Speaker: Conrado Morlan

In this engaging and witty talk, industry expert Conrado Morlan will explore how artificial intelligence can transform the daily tasks of product managers into streamlined, efficient processes. Using the lens of a superhero narrative, he’ll uncover how AI can be the ultimate sidekick, aiding in data management and reporting, enhancing productivity, and boosting innovation.

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Agentic AI for the Enterprise: Unlocking Strategic Value

TechSee

Agentic AI is changing the game for enterprises. Imagine AI systems that don’t just respond to commands but can act independently, learn in real time, and solve complex problems—just like a human agent. This is the promise of Agentic AI. Agentic AI offers a clear path to transformation for enterprise leaders looking to streamline operations, accelerate and improve customer service, enhance customer experiences, and gain a competitive edge.

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What Is Top Of Mind For B2B CMOs In Asia-Pacific

Forrester's Customer Insights

Last week, Mavis Liew and I had the pleasure of hosting Forrester’s B2B Peer discussion session with a small group of CMOs from enterprises across the Asia-Pacific region.

B2B 29
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Making traffic lights more efficient with Amazon Rekognition

AWS Machine Learning

State and local agencies spend approximately $1.23 billion annually to operate and maintain signalized traffic intersections. On the other end, traffic congestion at intersections costs drivers about $22 billion annually. Implementing an artificial intelligence (AI)-powered detection-based solution can significantly mitigate congestion at intersections and reduce operation and maintenance costs.

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Celebrating Excellence: DRÄXLMAIER Group Wins The 15th Annual Enterprise Architecture Award In EMEA

Forrester's Customer Insights

Get a detailed look at the winner of this year's Forrester Enterprise Architecture Award for EMEA DRÄXLMAIER Group.

Groups 31
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3 Ways Brick-and-Mortar Retailers Can Improve Customer Experience

Today’s digitally savvy customers have high expectations of retailers for convenience, responsiveness, and ease of doing business both in-store and online. Our recent survey of over 2,000 US consumers found that retailers that can drive a seamless, omnichannel customer experience (CX) – across physical and digital channels – have huge benefits for brand relevance, profitability, and customer loyalty.

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Promo Giveaways Customers Love: Boost Loyalty with Top Picks

Joe Rawlinson

Promo giveaways are a tried-and-tested strategy for boosting customer loyalty. Whether it’s to build brand recognition or foster deeper connections with clients, promotional products are versatile tools that help your business stay top-of-mind. However, the effectiveness of these giveaways hinges on selecting the right items that resonate with your audience.

Loyalty 78
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Accelerate development of ML workflows with Amazon Q Developer in Amazon SageMaker Studio

AWS Machine Learning

Machine learning (ML) projects are inherently complex, involving multiple intricate steps—from data collection and preprocessing to model building, deployment, and maintenance. Data scientists face numerous challenges throughout this process, such as selecting appropriate tools, needing step-by-step instructions with code samples, and troubleshooting errors and issues.

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Cybersecurity in Customer Service: 3 Ways to Better Protect Your Customers

CSM Magazine

In an increasingly digital commercial world, data is a highly valuable commodity, and none more so than customer data. With the rapid rise of e-commerce , omnichannel engagement, and customer service platforms, companies are now collecting and handling more customer information than ever before. Moreover, with cybercrime consistently on the rise, that data is under increased threat, which means cybersecurity is now a critical aspect of what constitutes good customer service.

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Enhancing Just Walk Out technology with multi-modal AI

AWS Machine Learning

Since its launch in 2018, Just Walk Out technology by Amazon has transformed the shopping experience by allowing customers to enter a store, pick up items, and leave without standing in line to pay. You can find this checkout-free technology in over 180 third-party locations worldwide, including travel retailers, sports stadiums, entertainment venues, conference centers, theme parks, convenience stores, hospitals, and college campuses.

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How to Optimize Call Monitoring: Automate QA and Elevate Customer Experience

Speaker: Laura Noonan, Chief Revenue Officer at CallFinder + Angie Kronlage, Director of Program Success at Working Solutions + April Wiita, Vice President of Program Success at Working Solutions

Are you still manually reviewing calls? 🤔 It's time for a change! The traditional method of manual call monitoring is no longer cutting it in today's fast-paced call center environment. Industry experts Angie Kronlage and April Wiita from Working Solutions are here to explore the power of innovative automation to revolutionize outdated call review processes!

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Top Customer Experience Tools to Boost Your CX Mojo in 2024

SurveySensum

Ever felt like you were walking a tightrope, trying to keep your customers happy without falling off the edge? To ace the CX walk, you must find the sweet spot between meeting customer expectations and wowing them. What’s in it for you? Simply put, revenue boost. Brands that nail CX see revenue jump by 4-8%, leaving the industry average in the dust.

Tools 52
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Generate synthetic data for evaluating RAG systems using Amazon Bedrock

AWS Machine Learning

Evaluating your Retrieval Augmented Generation (RAG) system to make sure it fulfils your business requirements is paramount before deploying it to production environments. However, this requires acquiring a high-quality dataset of real-world question-answer pairs, which can be a daunting task, especially in the early stages of development. This is where synthetic data generation comes into play.

System 51
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Think Customer First, Technology Second for True Experience Transformation

CSM Magazine

The American president, Joe Biden, targeted poor customer service recently when he said companies were playing hardworking Americans for “suckers.” Biden announced several proposals aimed at easing customer service pain points, part of a “ Time is Money ” initiative. The initiative will include rules and potential regulations aimed at tackling the “general aggravation” caused by substandard customer service.