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Customer experience seminar – Oct 2013 Best Practices for leveraging Knowledge in your Contact Centres Chris Hall, SVP Product Marketing, Transversal Knowledge is Power!

Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

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Presenter: Chris Hall, SVP Product Marketing, Transversal Event: Transversal's Customer Experience Seminar Date: October 25 2013 Location: The Ritz Hotel, London.

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Page 1: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Best Practices for leveraging Knowledge in your Contact Centres

Chris Hall, SVP Product Marketing, Transversal

Knowledge is Power!

Page 2: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

My passion is inContact Centre technologies

Page 3: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Unsure of responses

Because I used to be this guy…

Zero confidenceLimited resources

Page 4: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

I really wanted to be this guy…

Total confidenceKnew everything

Always had answers

Page 5: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

But after 6 mo. - I was still just this guy…

Just please try this…Lacked Confidence

Random Advice

Page 6: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

And my customers were ‘sort of’ happy…

Are you clueless?

My data is gone!

YOU!Terrible advice!

Page 7: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

But I still wasn’t this guy…

Still confidentStill knows everything

Always had answers

Page 8: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Yes, I went through plenty of product training

Page 9: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Used all the latest contact centre technologies

Page 10: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

And I had great coaching

and executive support

Page 11: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

But I still wasn’t this guy…

Really ArrogantTotal know-it-all

Starting to hate him

Page 12: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

So, how could I become this guy?

Total confidenceKnew everything

Always had answers

Page 13: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

I figured out what this guy had - that I didn’t

KNOWLEDGE

Page 14: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Knowledge can have a tremendous impact

» Eliminates wasteful research &improves AHT

» Minimizes escalations& increases 1st contact closures

AGENT PRODUCTIVITY

28%

15%

in the contact center…

» Improves quality ofservice & boostscustomer loyalty

» Accelerates offer conversions & minimizes ecommerce form abandonment

IMPROVED RESULTS

20%

18%

» Improves self-service& maximizescase deflections

» Decreases new hiretraining efforts &accelerates stafframp-up time

REDUCED COSTS

18%

35%

Page 15: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

So where do you start?

Understanding the three P’s:

» Peoplewho/what is being impacted

» Productssimple, moderate, complex

» Pressureswhat metrics are driving your business

KNOWLEDGE

Externalcustomers

Internalagents

Page 16: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Best practices for increased Knowledge ROI

» Outline clear objectives / metrics for an integrated Knowledge Management project: benchmark everything expect conservative results

Improve online resolution rates Reduce email escalations Reduce call center escalations Improve shopping cart conversions Improve up/cross-sell conversions Improve online channel adoption Improve online content visibility

Web self-service

External KM objectives Improve CSR productivity Increase 1st call resolutions Decrease CSR research time Decrease Tier 2 escalations

Reduce CSR training costs Increase conversion/retention rates Leverage existing CSR infrastructure Lower call volume w/ WSS deflections

Service centre agents

Internal KM objectives

Service centre operations

Page 17: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Best practices for increased Knowledge ROI

» Don’t make your customers smarter than your agents.

Deploying KM internally first can achieve a faster ROI

» Internal deployments of KM instantly boosts agent morale» Improves agent productivity up to 35% » 10% decrease in overall call handling times

» KM also accelerates time-to-competency for new hires» Increased time to proficiency by 65%» Escalations to 2nd Level reduced by 50%

Page 18: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Best practices for increased Knowledge ROI

» Integrate KM into your existing desktop environment

A single integrated desktop will improve:» Contact center metrics - AHT, FCC» agent productivity / morale » research errors / case escalations» tool training ramp-up time for new hires» knowledge feedback and contributions

Page 19: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Best practices for increased Knowledge ROI

» Quality of content is everything - Less is not more, it’s better!

Search ing broad content is not the answer - relevant content, focus and structure is:» 80-90% of normal calls are resolved by 15-20% of content» language translation costs are cut in half with

mature-focused content» structure 15% of your internal content for the initial

self-help deployment

Page 20: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Best practices for increased Knowledge ROI

» The experience of the online customer is everything!

Rolling out a richer subset of mature content is key in doubling C-Sat and prolonged self-service adoption:» 25%-35% decrease in email escalations » double digit increase in online c-sat

» 2% lower churn rates for active online customers

» 10% increase average commerce spend

Page 21: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

So what eventually became of my CC career?

Page 22: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Yes – I did eventually become this guy

Total confidenceBetter looking

Customers loved me

Page 23: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

But then I really wanted to be this guy !

Big private officeNever on the phone

Tremendous salary

Knew absolutely nothing

Page 24: Knowledge is Power! - Best practices for leveraging Knowledge in your contact centre

Customer experience seminar – Oct 2013

Questions

?Chris HallSVP Product Marketing, [email protected]+1 917.717.5105