Page 109 - kf fyi for your improvement license eng 3-4-15
P. 109

through intricate algorithms, they provide data that will inform suggestions for future customers. Amazon
               is  able  to  recommend  products  to  customers  that  they  had  never  even  thought  of  purchasing.  So
               committed is Bezos to customer satisfaction, that approximately 80% of the measurable goals used to
               track performance relate specifically to the customer, including focus on what customers  don’t want to
               happen—delays, products out of stock, defects. Measures are in place to make them as rare as possible.
               The result? Amazon has been the top online retailer in customer satisfaction for years and is repeatedly
               in the top 10 among all companies. Since its initial public offering in 1997, the company’s stock price has
               risen from a modest US$18 per share to US$300+ per share in 2014. 12, 13, 14





               Tips to develop Customer focus

               1.  Looking to delight the customer?  Anticipate customer needs.  Get in the habit of meeting with
                   your internal or external customers on a regular basis. Set up a dialogue. Customers need assurance
                   they  can  contact  you  about  problems  or  ideas  to  improve  service.  Create  open,  explicit  lines  of
                   communication. The more personal you can make your interactions, the clearer it is to customers that
                   you want to meet their needs. Instead of anonymous market research, create personal connections.
                   Ask customers for feedback. Solicit their ideas. When you roll out a new product or service, connect it
                   back to how it addresses their feedback. Try to anticipate their need for your products and services
                   before they even know about them. A new technology update that can improve their experience. Or a
                   different service option for upcoming needs as their business grows. Surprise them in the best way.
                   Features they weren’t expecting. Delivery in a shorter time. Added value to what they ordered. Show
                   your customer you’re in it for the long run. Show that your primary interest is their success. Period.
                   Everything else follows from this.

               2.  Not sure what customers want or expect? Put yourself in your customers’ shoes. If you were a
                   customer  of  your  organization,  what  would  you  expect?  What  kind  of  turnaround  time  would  you
                   tolerate? What  price  would  you  be  willing  to  pay  for  the  quality  of  your  product  or  service?  What
                   would  be  the  top  three  things  you  would  complain  about?  What  would  delight  you?  Design  your
                   processes,  products,  services,  and  the  overall  customer  experience  with  the  answers  to  these
                   questions in mind.

               3.  Disconnected from customers? Keep in high-quality touch. Satisfying the reasonable needs of
                   customers is fairly straightforward. First you need to know what they want and expect. The best way
                   to do that is to ask them. Then deliver on their suggestions in a timely way at a price/value that’s
                   justified. Find ways to keep in touch with a broad spectrum of your customers to get a balanced view.
                   Face-to-face.  Online  or  phone  surveys.  Questionnaires.  Social  media.  Response  cards  with  your
                   products and services. To keep in high-quality touch, recognize the difference between convenience
                   for  the  customer  and  convenience  for  you.  Telephony  (voice  activated  technology)  and  other
                   telecommunications innovations work when the customer experience is top of mind. What customer
                   hasn’t experienced the frustration of endless computer routing, only to get no answer or get to the
                   wrong person? High-quality touch with your customers means getting them to the right person in the
                   minimum number of steps.


               4.  Get defensive? Be prepared for customer complaints. Be ready for the good news and the bad
                   news.  Don’t  be  defensive.  Just  listen  and  respond  to  legitimate  criticisms.  Vocal  customers  will
                                   © Korn Ferry 2014-2015. All rights reserved. WWW.KORNFERRY.COM

                                                              109
   104   105   106   107   108   109   110   111   112   113   114