Business Excellence is the result of a People Focus
Business Excellence is the result of a People Focus….
It’s very clear that organisations who concentrate
on making sure their customers consistently receive a great
experience will do much better than those that are focused
only on price as their competitive advantage.
The 2011 Right Now study found that 61 percent of NZers removed their business from companies whose service didn’t meet expectations.
Businesses need to develop a sustainable competitive advantage that includes a culture focused on adding value if they are to grow customer retention. Existing customers are by far your most powerful sales people, another significant benefit and reason to grow real loyalty, rather than using gimmicks like coffee cards. Real loyalty is a result of taking the time to build relationships with your customers.
I get interesting reactions to the suggestion that business should focus on a “sustainable competitive advantage”. Reactions including- “what is that”, to “how do you do it”.
A sustainable competitive advantage is one that competitors find difficult to copy. One of the few remaining sustainable competitive advantages in this highly commoditised world is the development of a customer experience strategy.
We find that many business owners understand the need for a cohesive customer experience strategy. The issue is that very few have the expertise to put a successful long-term strategy in place.
Throughout
the business world customer related activities have been
undertaken as initiative programmes. They run for a short
period but are never embraced as a full operational
strategy.
Organisations readily tout ‘going the extra
mile’ to ‘total customer commitment’. They detail
their intentions in brochures and advertising but it’s not
working. Intentions and initiatives are many, but
sustainable success is rare.
For a customer centric
strategy to be successful, it must have total commitment
from every level of an organisation. Your people and
customers are not listening to what you say - they are
watching what you do.
The most powerful influence on a
customer’s experience is your people. Their ability to wow
your clients will have a major financial impact on both
referrals and additional business. Bad experiences will lead
to a negative financial impact, both in terms of lost
business and damaged reputation.
Customer Experiences has just launched an online customer experience development program www.customerexperiences.co.nz that allows a business to work through a seven step development process at an affordable price.
END