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How to Build a Customer-Driven Growth Engine

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Page 1: How to Build a Customer-Driven Growth Engine

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Page 2: How to Build a Customer-Driven Growth Engine

www.customerbliss.com   ©  2015.  CustomerBliss  All  rights  reserved.    

HOUSEKEEPING

- The  recording  of  today’s  presenta>on  will  be  available  on  cxweek.com

- Use  the  chat  window  to  send  in  ques>ons,  we  will  take  >me  at  the  end  for  Q  &  A

- Join  the  conversa>on  on  TwiNer  by  twee>ng  @Qualtrics  using  #cxweek

Page 3: How to Build a Customer-Driven Growth Engine

www.customerbliss.com   ©  2015.  CustomerBliss  All  rights  reserved.    

5 Leadership Competencies To Build Your Customer Driven Growth Engine

©  2015.  CustomerBliss  All  rights  reserved.    

Page 4: How to Build a Customer-Driven Growth Engine

www.customerbliss.com   ©  2015.  CustomerBliss  All  rights  reserved.    

Marketing Sales Operations Finance Quality Retail

REALITY…

Page 5: How to Build a Customer-Driven Growth Engine

www.customerbliss.com   ©  2015.  CustomerBliss  All  rights  reserved.    

Company DNA: Memory Creation

Desire

“Who Else” Does This? Deliver Memories That Set You Apart

Differentiated Experience

Random Experience

Consistently Define The Experience Always Reliable At Priority Contacts

Reliable Experience

“EXPERIENCE” =

Page 6: How to Build a Customer-Driven Growth Engine

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Leadership Inspires Differentiation

Become the ‘FedEx’ of Junk Removal

“Experience” Connection

Page 7: How to Build a Customer-Driven Growth Engine

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92% of consumers worldwide trust recommendations from friends and family more than any form of advertising. (Up from 74% in 2007)

Sources: Keller Fay Talk-Track Report & Word of Mouth Marketing Association

Page 8: How to Build a Customer-Driven Growth Engine

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300% Revenue gained by reducing negative word-

of-mouth versus improving positive ‘buzz’

Source: London School of Economics

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Page 9: How to Build a Customer-Driven Growth Engine

5 Customer Leadership Competencies

©  2015.  CustomerBliss  All  rights  reserved.    

Page 10: How to Build a Customer-Driven Growth Engine

www.customerbliss.com   ©  2015.  CustomerBliss  All  rights  reserved.    

Customers as Assets. Align leaders to make a defining performance metric – the growth or loss of your customer base. Shift to a simple understanding of customer-driven growth success.

New Customers, Volume and Value.

Lost Customers, Volume and Value? WHY?

“Experience” Accountability =

#1

Competency 1 HONOR AND MANAGE CUSTOMERS AS ASSETS.

Know the Growth and Loss of Customers and Care About the ‘WHY?’

Page 11: How to Build a Customer-Driven Growth Engine

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Align Around Experience. Align the Operation Around Customer Experience Delivery & Innovation. “Earn the Right” to Customer Asset Growth. •  Customer Journey•  Focus on Priorities§  Leadership Language

Awareness & Research

Assess & Sample

Develop Solution

Partner & Contract

Service & Support

Strategic Partnership

“Experience” Accountability =

#2

Competency 2 ALIGN AROUND EXPERIENCE.

Give Leaders a Framework for Guiding the Work of the Organization. Unite Accountability as Customers Experience You. Not Down Your Silos.

Page 12: How to Build a Customer-Driven Growth Engine

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Defector Pipeline

Discover Evaluate Buy & Implement

Use & Optimize

Benefit & Grow

Seek Other

Options

Follow up to request for information

On-boarding follow up

When less than x% products purchased in

use

Follow up to NPS detractors

Follow up during/after

contract experience

After X no. calls to tech

support

Pre renewal contact: Proactive contact to review and improve customers’ business

(resolve issues)

Follow up to Lost

Customers

RESCUE Customers at Risk GROW Revenue EMBED Relationship

Page 13: How to Build a Customer-Driven Growth Engine

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Awareness & Research

Assess & Sample

Develop Solution

Partner & Contract

Service & Support

Strategic Partnership

“Experience” Accountability =

Build a Customer Listening Path. Seek Input and Understanding at Critical Points Along the Journey. •  Tell the Story of Customers’ Lives. •  Unite Decision-Making and Focus.

#3

1 2 3 4 5 6 7 8 9 10

Competency 3 BUILD A CUSTOMER L ISTENING PATH.

Seek Input and Customer Understanding, Aligned to the Customer Journey.

Page 14: How to Build a Customer-Driven Growth Engine

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Proactive Experience Reliability & Innovation. Build the ability to predict performance, rebuild and innovate at key touchpoints. Make customer experience development as important as product development.

#4

1 2 3 4 5 6 7 8 9 10

90 95

100 105

MAP

Goal

90 95

100 105

MAP

Goal

90 95

100 105

MAP

Goal

90 95

100 105

MAP

Goal

Competency 4

“Experience” Accountability =

PROACTIVE EXPERIENCE REL IABIL ITY & INNOVATION.

Know Before Customers Tell You, Where Experiences Are Unreliable.Deliver Consistent and Desired Experiences.

Page 15: How to Build a Customer-Driven Growth Engine

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One-Company Leadership, Accountability, Culture

•  United Leadership Behavior •  Decisions and Operational Actions •  Enable People to Act.

“Experience” Accountability =

#5

LEADERSHIP, ACCOUNTABIL ITY & CULTURE Leadership Behaviors Required for Embedding the Five Competencies.

Enabling Employees to Deliver Value.

Competency 5

Page 16: How to Build a Customer-Driven Growth Engine

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5 Competencies = Engine for Growth A Discipline to embed Experience Development into our DNA.

1: Managing Customers as Assets:

2: Alignment around Experience.

3: Building a Customer Listening Path.

4: Proactive Cxperience Reliability & Innovation.

5: Leadership, Accountability & Culture.

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Page 17: How to Build a Customer-Driven Growth Engine

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Blog: ww.ccocoach.com Email: [email protected] Twitter: @jeannebliss

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Preorder NOW on Amazon

Page 18: How to Build a Customer-Driven Growth Engine

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Q  &  A