4. Empowerment
Did you know that revenue for most companies comes from 20% of their loyal customers? That cross-sell and upselling to a prospect is 5%-20%, whereas the probability with an existing customer is 60% – 70%?
Most organisations understand the basic truth that even the best customer experience strategies can be derailed if customer-facing employees don’t do their part. Your workforce is the lifeblood of the company and your primary point of contact with customers. Employees can make the company, the service and the customer experience look fantastic—or not. When service suffers, the challenge isn’t in deciding how valuable your employees are, it’s determining why your employees aren’t executing the customer service strategy you’ve laid out.
All too often, bad customer service is written off as apathy, laziness or an unwillingness to comply with company expectations. That may or may not be accurate but the reality is that these problems are usually symptoms of a different issue entirely—a lack of em-ployee empowerment. If the people you hire to interface directly with customers don’t have the authority or the resources to ensure a positive customer experience, it’s virtually certain they won’t be able to deliver superior service. Conversely, if an employee is put in a position to succeed and meet the customer’s needs at every touchpoint, your chances of maintaining a contented customer base increases exponentially.
All of this begs the question: how does one empower their employees to the point that they are positioned to deliver excellent customer experience across the complete customer journey? It’s an imprecise science that varies depending on your company, product, industry and a host of other factors.
Employee empowerment is a win-win proposition. Your customers enjoy the benefit of great service hence staying and becoming loyal customers. Your employees get better job satisfaction, engagement and experience.
5. Agility
Companies designed in the 20th century have very little capacity to evolve and adapt. They are rarely adaptive organisms, at least on more than a superficial level.
Technological acceleration now means that capturing connected customers depends on the companies ability to take an agile approach. Businesses must adopt to market changes and shifts in buyer behaviour, as well as organise themselves for autonomous and agile teams, scalable and fluid processes and systems that enable fast action when opportunities present themselves.
“The key to doing better,” argues Oxford economist Eric Beinhocker,“is to ‘bring evolution inside’ and get the wheels of differentiation, selection, and amplification spinning within a company’s four walls.”
An approach we use ourselves at Möbius is called 'holacracy'. It offers the possibility of doing just that: embedding an enhanced capacity to dynamically and continually evolve, within an organisation’s core DNA. It helps create organisations that are fast, agile and succeed by pursuing their purpose, free from the tyranny of top-down planning or the time-consuming pursuit of consensus. It’s not a silver bullet – it takes hard work and practice to make the shift into such a dramatically different way of organising, but those who see and experience it in action are excited about its results.
In the words of David Allen, author of “Getting Things Done” and a business leader with years of 'holacracy' experience in his own company, “Holacracy is not a panacea – it won’t resolve all of an organisation’s tensions and dilemmas. But, in my experience, it does provide the most stable ground from which to recognise, frame, and address them.”
Still powerful customer experiences are not just about maintaining consistency, relevance, empowerment, convenience and agility at any cost.
It is about creating equally seamless customer dialogue across every stage of the customer journey, from pre-purchase research to post-sales touches.