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	<description>Musings on customer experience</description>
	<pubDate>Thu, 17 May 2012 16:56:15 +0000</pubDate>
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		<title>An Airline Gets On Board With Simplicity</title>
		<link>http://www.watermarkconsult.net/blog/?p=753</link>
		<comments>http://www.watermarkconsult.net/blog/?p=753#comments</comments>
		<pubDate>Thu, 17 May 2012 16:56:15 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Communication]]></category>

		<category><![CDATA[Customer Experience]]></category>

		<category><![CDATA[simplicity]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=753</guid>
		<description><![CDATA[Creating a better air travel experience, one boarding pass at a time.]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">Delta Airlines has done something novel.<span style="mso-spacerun: yes;">  </span>They’ve rolled out a boarding pass travelers can actually understand.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">The airline boarding pass is one of those classic examples of customer communications gone wrong.<span style="mso-spacerun: yes;">  </span>It’s something used by every traveler on every trip, yet airlines seem to be in a competition to create the most cryptic, perplexing boarding document.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">As is the case with most customer communications, complexity comes with a cost.<span style="mso-spacerun: yes;">  </span>When travelers (particularly novice ones) can’t easily and correctly interpret boarding pass information, bad things happen.<span style="mso-spacerun: yes;">  </span>They go to the wrong gate.<span style="mso-spacerun: yes;">  </span>They arrive late for boarding.<span style="mso-spacerun: yes;">  </span>They misplace their second-leg boarding pass.<span style="mso-spacerun: yes;">  </span>In short, this complexity triggers frustration for the consumer and cost for the company.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">So Delta decided to do something about it, rolling out a simplified boarding pass.<span style="mso-spacerun: yes;">  </span>And while this airline isn’t yet a poster child for customer experience excellence, they do deserve credit for making this particular touchpoint a little less confusing for their customers.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt; background: #dbe5f1; mso-background-themecolor: accent1; mso-background-themetint: 51;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">Delta’s Old Boarding Pass</span></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"><a href="http://www.watermarkconsult.net/blog/wp-content/uploads/2012/05/delta-boarding-pass-old.jpg"><img class="size-full wp-image-754" style="border: black 1px solid;" title="delta-boarding-pass-old" src="http://www.watermarkconsult.net/blog/wp-content/uploads/2012/05/delta-boarding-pass-old.jpg" alt="Delta's Old Boarding Pass" width="477" height="194" /></a></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt; background: #dbe5f1; mso-background-themecolor: accent1; mso-background-themetint: 51;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">Delta’s New Boarding Pass</span></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> <span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"><a href="http://www.watermarkconsult.net/blog/wp-content/uploads/2012/05/delta-boarding-pass-new.jpg"><img class="alignleft size-full wp-image-755" style="border: black 1px solid;" title="delta-boarding-pass-new" src="http://www.watermarkconsult.net/blog/wp-content/uploads/2012/05/delta-boarding-pass-new.jpg" alt="delta-boarding-pass-new" width="473" height="207" /></a></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
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<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">The rationale behind their redesign is outlined in a recent <em style="mso-bidi-font-style: normal;">Wall Street Journal</em> article (“<a href="http://online.wsj.com/article/SB10001424052702303592404577364331699465746.html" target="_blank">Rethinking the Lowly Boarding Pass</a>”).<span style="mso-spacerun: yes;">  </span>The approach Delta took reflects several best practices for customer communications improvement:</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">1.  Pay attention to design details.</span></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">If you want to create customer communications that are simple, engaging and refreshing – focus on more than just content development.<span style="mso-spacerun: yes;">  </span>The first impression your communication makes on a customer will come from its visual appeal, not its content.<span style="mso-spacerun: yes;">  </span>Delta rightfully paid close attention to visual cues in their boarding pass redesign, obsessing over things like typography, font sizes, headings and white space.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">2.  Look at the world through your customer’s eyes.</span></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">The best communications are designed with the primary user in mind.<span style="mso-spacerun: yes;">  </span>In this case, that’s not your Legal department, your Compliance specialist, or your marketing staff.<span style="mso-spacerun: yes;">  </span>It’s <em style="mso-bidi-font-style: normal;">your customer</em>.<span style="mso-spacerun: yes;">  </span>Before putting pen to paper, Delta first considered how customers interacted with boarding passes.<span style="mso-spacerun: yes;">  </span>That helped inform the design objectives – such as eliminating multiple boarding documents (because travelers misplace them) and accentuating the destination city (because travelers already know what city they’re leaving from).</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">3.  Design with your employees in mind, too.</span></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt 0.5in;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">While customers may be the primary constituency served by a communication piece, employees are often a secondary audience.<span style="mso-spacerun: yes;">  </span>That’s because when customers have a question about a document, they’re likely to ask one of your employees for assistance.<span style="mso-spacerun: yes;">  </span>So make it easy for your staff to locate the information they need off the document, in order to better serve your customer.<span style="mso-spacerun: yes;">  </span>For Delta’s boarding pass, this meant displaying the passenger’s first name first and last name last, making it easier for employees to spot that information and address customers by name.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">When it comes to creating a great brand experience, customer communications rarely get the respect they deserve.<span style="mso-spacerun: yes;">  </span>Things like boarding passes, bills, statements, contracts, and product instructions represent high-frequency customer touchpoints for many businesses – yet they are often treated as boring, administrative documents.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">What impression do your customer communications leave on people?<span style="mso-spacerun: yes;">  </span>Do they inspire confidence in your company?<span style="mso-spacerun: yes;">  </span>Do they reaffirm the purchase decision?<span style="mso-spacerun: yes;">  </span>Do they reflect positively on your brand?</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-themecolor: text1;">If not, then it’s time for you to get on board with customer communications that are simple, clear and engaging.</span></span></p>
<p> </p>
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]]></content:encoded>
			<wfw:commentRss>http://www.watermarkconsult.net/blog/?feed=rss2&amp;p=753</wfw:commentRss>
		</item>
		<item>
		<title>Customer Segmentation Comes to…  the ER?</title>
		<link>http://www.watermarkconsult.net/blog/?p=742</link>
		<comments>http://www.watermarkconsult.net/blog/?p=742#comments</comments>
		<pubDate>Fri, 13 Apr 2012 19:14:09 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Customer Experience]]></category>

		<category><![CDATA[Healthcare]]></category>

		<category><![CDATA[patient experience]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=742</guid>
		<description><![CDATA[A new breed of ER caters to the elderly patient.]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Few people associate hospital emergency rooms with customer experience excellence.<span style="mso-spacerun: yes;">  </span>But some hospitals are working to change that.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">If there’s something consumers associate with ERs, it’s long wait times and crowded quarters.<span style="mso-spacerun: yes;">  </span>But as reported in <em style="mso-bidi-font-style: normal;">The New York Times</em> this week (“<a href="http://www.nytimes.com/2012/04/10/nyregion/geriatric-emergency-units-opening-at-us-hospitals.html" target="_blank">For The Elderly, Emergency Rooms of Their Own</a>&#8220;), some hospitals are applying the concept of customer segmentation to create more customized and appealing ER experiences.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">The article describes the advent of “Geriatric Emergency Rooms” – urgent-care facilities with a design, layout and patient care approach that’s tailored to the needs of the elderly.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">One of the hospitals featured, Mount Sinai in New York City, has seen patient satisfaction scores for its Geriatric ER go “off the scoreboard.”<span style="mso-spacerun: yes;">  </span>Given that healthcare organizations typically bring up the rear in customer experience rankings, how is Mount Sinai achieving such remarkable results?</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">The answer is that they’re applying some time-tested customer experience management principles – albeit in a venue that rarely demonstrates any real customer orientation.<span style="mso-spacerun: yes;">  </span>Here are just a few of the strategies the hospital is employing:</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoListParagraph" style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1;"><span style="font-family: Symbol; font-size: 10pt; mso-fareast-font-family: Symbol; mso-bidi-font-size: 12.0pt; mso-bidi-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Personalize the experience.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><span style="mso-spacerun: yes;">  </span>This is a about a lot more than just calling patients by name!<span style="mso-spacerun: yes;">  </span>Personalization also involves architecting the experience in a way that aligns with the needs and interests of the target consumer (in this case, an elderly ER patient).<span style="mso-spacerun: yes;">  </span>For Mount Sinai, that means a facility with things like non-skid floors and hand rails along the walls – accoutrements that are especially relevant to this audience.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoListParagraph" style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1;"><span style="font-family: Symbol; font-size: 10pt; mso-fareast-font-family: Symbol; mso-bidi-font-size: 12.0pt; mso-bidi-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Preempt service failure.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><span style="mso-spacerun: yes;">  </span>In this context, service failure is when, for example, the ER patient loses their footing and suffers a new injury – while in the ER!<span style="mso-spacerun: yes;">  </span>Or the patient becomes confused, disoriented and difficult to manage.<span style="mso-spacerun: yes;">  </span>The hospital has considered where and how things are most likely to go wrong for these elderly patients, and preempts many of these issues through environmental design and staff training.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoListParagraph" style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1;"><span style="font-family: Symbol; font-size: 10pt; mso-fareast-font-family: Symbol; mso-bidi-font-size: 12.0pt; mso-bidi-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Be accessible.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><span style="mso-spacerun: yes;">  </span>Mount Sinai has an iPad in each room of the Geriatric ER, so patients can contact a nurse – and have a face-to-face video chat – when they need something or have a concern.<span style="mso-spacerun: yes;">  </span>Presuming these iPads are easy for the patients to operate, they not only provide good accessibility to the ER staff, but do so in a warmer, more personalized way than is possible with a two-way intercom.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">While there are probably elements of these Geriatric ERs that would benefit patients of all ages, it’s still an encouraging first step.<span style="mso-spacerun: yes;">  </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Rarely do you see healthcare providers evaluating their patient experience through a customer lens, and then taking action to enhance it.<span style="mso-spacerun: yes;">  </span>For those that do, it’s a real prescription for success.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
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		<title>Perhaps The Worst HR Idea Ever:  Employee Term Limits</title>
		<link>http://www.watermarkconsult.net/blog/?p=719</link>
		<comments>http://www.watermarkconsult.net/blog/?p=719#comments</comments>
		<pubDate>Fri, 17 Feb 2012 13:49:08 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Employee Experience]]></category>

		<category><![CDATA[Hall of Shame]]></category>

		<category><![CDATA[HR policies]]></category>

		<category><![CDATA[term limits]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=719</guid>
		<description><![CDATA[Another entry in the manager’s guide of “How Exactly Not To Do Things.”]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"><span style="color: #000000;">A new Atlantic City casino has announced that it will set “term limits” for its front-line staff (read NPR’s coverage</span> <a href="http://www.npr.org/2012/01/30/146000685/employees-to-face-term-limits-at-casino" target="_blank"><span style="color: blue; mso-bidi-font-size: 12.0pt;">here</span></a><span style="color: #000000;">). </span><span style="mso-spacerun: yes;"> </span><span style="color: #000000;">When your term’s up, you need to reapply for your job, competing against all other internal and external candidates.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="color: black; mso-fareast-font-family: 'Times New Roman';"><span style="font-family: Times New Roman; font-size: small;"><span style="color: #000000;"> </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"><span style="color: #000000;">The casino argues that the new policy will help keep its front-line service “fresh.”</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="color: black; mso-fareast-font-family: 'Times New Roman';"><span style="font-family: Times New Roman; font-size: small;"><span style="color: #000000;"> </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"><span style="color: #000000;">Or&#8230; maybe not.  This is such an awful idea, on so many levels, I’m not quite sure where to start.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"> </span></p>
<p class="MsoListParagraph" style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1"><span style="color: #000000;"><span style="font-family: Symbol; font-size: 10pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-size: 12.0pt;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">It smacks of coping behavior.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">  Managers are notoriously bad at having difficult performance-related conversations with employees, choosing instead to turn a blind eye to below-average performers.  But with employee term limits, managers can ignore these problems and – alas! – they resolve themselves when the employee must re-apply for his/her job.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoListParagraph" style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1"><span style="color: #000000;"><span style="font-family: Symbol; font-size: 10pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-size: 12.0pt;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">It discounts the value of institutional experience.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">  Provided you manage performance appropriately, there’s a benefit to having long-tenured employees interact with your customers.  They know your company’s products and services like the back of their hand, and it often shows in the quality of the experience they deliver to your patrons.  By practically encouraging turnover with this policy, the casino may keep its front-line ranks fresh, but it’ll spoil the service they deliver.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoListParagraph" style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1"><span style="color: #000000;"><span style="font-family: Symbol; font-size: 10pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-size: 12.0pt;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">It undermines employee satisfaction and loyalty.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">  Happy, satisfied, loyal employees help to create happy, satisfied, loyal customers.  I can’t imagine how any employee would ever view a term limit policy as a signal that their employer cares about them and their career development.  It does completely the opposite.  It removes any incentive people might have to view the employer-employee relationship in a positive light.  I mean, seriously – you’re telling me that even if I’m a star performer I need to reapply for my job in [x] years?  Why on Earth should I then be loyal to you?  And just imagine how that attitude will seep into employees’ interactions with customers.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Georgia&quot;,&quot;serif&quot;; color: black; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"><span style="color: #000000;">These casino executives need to role-reverse to really grasp what kind of workplace environment they’re creating. </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"><span style="color: #000000;"> </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"><span style="color: #000000;">Imagine if all the Atlantic City casinos agreed that, when a front-line employee completed four years on the job, the individual became a free agent and would automatically receive employment offers from any other interested casino. </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="color: black; mso-fareast-font-family: 'Times New Roman';"><span style="font-family: Times New Roman; font-size: small;"><span style="color: #000000;"> </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"><span style="color: #000000;">I doubt the casino execs would enjoy operating in that kind of environment. They’d probably grouse about how pointless it is to be truly invested in the success of any employee, because the free agency rules would make it so easy for them to jump ship.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="color: black; mso-fareast-font-family: 'Times New Roman';"><span style="font-family: Times New Roman; font-size: small;"><span style="color: #000000;"> </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"><span style="color: #000000;">Now turn the tables.  Why would a term-limited employee be vested in the success of their employer?</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="color: black; mso-fareast-font-family: 'Times New Roman';"><span style="font-family: Times New Roman; font-size: small;"><span style="color: #000000;"> </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-fareast-font-family: 'Times New Roman';"><span style="color: #000000;">If these employee term limits end up constraining anything, it will be this casino’s success. They&#8217;re gambling with their future.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: Times New Roman; font-size: small;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
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		<title>The ROI of a Great Customer Experience</title>
		<link>http://www.watermarkconsult.net/blog/?p=656</link>
		<comments>http://www.watermarkconsult.net/blog/?p=656#comments</comments>
		<pubDate>Thu, 02 Feb 2012 02:38:03 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Customer Experience]]></category>

		<category><![CDATA[Loyalty]]></category>

		<category><![CDATA[Metrics and Measurement]]></category>

		<category><![CDATA[customer experience roi]]></category>

		<category><![CDATA[stock analysis]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=656</guid>
		<description><![CDATA[See the results of Watermark Consulting's latest analysis of customer experience and stock performance.]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">What does a company get by investing in a high-quality customer experience?</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="color: #000000;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">T</span><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">hat was the central question behind </span></span><a href="http://www.watermarkconsult.net/" target="_blank"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #0000ff;">Watermark Consulting</span></span></a><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">’s</span> <span style="color: #000000;">very first Customer Experience Stock Performance Analysis, conducted back in 2009 and described in the article “</span></span><a href="http://www.customerthink.com/article/return_on_customer_experience_investments" target="_blank"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #0000ff;">Yes, Virginia, There Is A Return On Customer Experience.</span></span></a><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">”</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">Each year since, we’ve refreshed the analysis with the latest data, watching to see if customer experience Leaders would continue to outperform customer experience Laggards.<span style="mso-spacerun: yes;"> </span>Now it’s time to reveal this year’s results…</span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">The Methodology</span></span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt;"><br />
<span style="background: white;"><span style="color: #000000;">For those unfamiliar with our earlier studies, here’s how the analysis works:</span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt;"><span style="background: white;"><span style="color: #000000;">We look at the cumulative stock returns for the Top 10 and Bottom 10 publicly traded companies in <a href="http://www.forrester.com/rb/Research/customer_experience_index%2C_2012/q/id/59377/t/2?src=RSS_2&amp;cm_mmc=Forrester-_-RSS-_-Document-_-13" target="_blank"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #0000ff;">Forrester Research</span></span></a><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">’s </span></span></span></span><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">annual Customer Experience Index ranking (Watermark defines these two groups as the Leaders and Laggards, respectively).</span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">We compare the total return from investing in an equally-weighted, annually readjusted portfolio of customer experience Leaders to that for customer experience Laggards and the broader market (as reflected by the S&amp;P 500 index).</span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">The Results</span></span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; color: black; font-size: 10pt;"><br />
<span style="background: white;"><span style="color: #000000;">For the five-year period from 2007-2011, the customer experience Leader portfolio outperformed the broader stock market, generating cumulative total returns that were 27% better than the S&amp;P 500 Index and 128% better than the customer experience Laggard portfolio.</span></span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">This pecking order of performance held true even on an annual basis. <span style="mso-spacerun: yes;"> </span>In all but one of the five years, the Leader portfolio outperformed the index, which in turn outperformed the Laggard portfolio.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin-top: 0in; margin-right: 0in; margin-bottom: 0pt; margin-left: 0in; text-align: center;"><a href="http://www.watermarkconsult.net/blog/wp-content/uploads/2012/02/watermark-cxp-stock-performance-analysis-2012-v32.jpg"><img class="aligncenter size-large wp-image-686" title="watermark-cxp-stock-performance-analysis-2012-v32" src="http://www.watermarkconsult.net/blog/wp-content/uploads/2012/02/watermark-cxp-stock-performance-analysis-2012-v32-1024x662.jpg" alt="watermark-cxp-stock-performance-analysis-2012-v32" width="614" height="397" /></a></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"><br />
</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="background-color: white; font-family: Verdana, sans-serif; font-size: 10pt; font-weight: bold;"><span style="color: #000000;">The Conclusion</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">The pattern evident from this analysis has been remarkably consistent. <span style="mso-spacerun: yes;"> </span>For five years running now, we see that companies which bring great customer experiences to the marketplace are being rewarded – by consumers <em>and</em> investors.</span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">The customer experience Leaders are clearly enjoying the many benefits of consumer loyalty.<span style="mso-spacerun: yes;">  </span>They see higher revenues from better retention, greater wallet share, lower price sensitivity and positive word-of-mouth.<span style="mso-spacerun: yes;">  </span>They see lower expenses from reduced acquisition costs, fewer complaints, and the less intense service requirements of happy, satisfied, long-term clients.</span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">And the customer experience Laggards?<span style="mso-spacerun: yes;">  </span>They erode business value by creating experiences that are rife with friction – stoking customer frustration, increasing attrition, generating negative word-of-mouth and driving up operating expenses.</span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">Yet many business leaders still don’t get it.<span style="mso-spacerun: yes;">  </span>They pay lip service to the customer experience, but continue to harbor skepticism about the value of differentiating oneself along that axis.</span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">For evidence of this, look no further than the many corporate debacles of 2011, where the misguided judgments of high-profile companies like Bank of America, Verizon Wireless and Netflix made it seem like CEOs were collaborating on a book titled <em>“How Exactly Not To Do Things</em>.”</span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">Perhaps now, with half a decade of supporting data under our belts, the skeptics will reevaluate their position.</span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="color: #000000;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; background: white; font-size: 10pt;"><span style="color: #000000;">Of course, while they ruminate on that, lots of other companies (maybe even some of their competitors) will continue to take this strategy to the bank.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
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		<title>The #1 Risk Facing Businesses Today</title>
		<link>http://www.watermarkconsult.net/blog/?p=638</link>
		<comments>http://www.watermarkconsult.net/blog/?p=638#comments</comments>
		<pubDate>Tue, 17 Jan 2012 22:12:24 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Loyalty]]></category>

		<category><![CDATA[churn]]></category>

		<category><![CDATA[Retention]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=638</guid>
		<description><![CDATA[The biggest risk facing businesses today is also one of the most manageable.]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">The biggest risk facing businesses today is also one of the most manageable.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">That’s my conclusion after reading Lloyd’s of London’s newly released <a href="http://www.lloyds.com/~/media/Files/News%20and%20Insight/360%20Risk%20Insight/Lloyds_Risk_Index_2011.pdf" target="_blank">2011 Risk Index report</a>, which ranks the top concerns of companies around the world based on a survey of over 500 C-suite and Board level executives.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">So what was the #1 business concern cited by these folks?<span style="mso-spacerun: yes;">  </span><em style="mso-bidi-font-style: normal;">[Hint:<span style="mso-spacerun: yes;">  </span>It wasn’t “volcanic eruption,” which came in at the bottom of the list.]</em></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">It was “loss of customers” – an understandably scary prospect for any business, but also an eminently manageable risk.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">In contrast to many other types of risks that can literally come out of nowhere, the drivers behind customer attrition can be diagnosed and addressed with pretty good precision.<span style="mso-spacerun: yes;">  </span>And it’s an exercise worth investing in, because the payoff can be considerable.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Customer retention (or, more accurately, customer loyalty) can be a very powerful growth driver, particularly in challenging economic circumstances.<span style="mso-spacerun: yes;">  </span>As numerous studies have shown, a mere five percentage point improvement in customer retention can potentially <em style="mso-bidi-font-style: normal;">double</em> a company’s profits.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">So, if you’re worried about losing customers (or if you’re just looking to prime the growth engine), what can you do?<span style="mso-spacerun: yes;">  </span>Here are a few tips to start with:</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoListParagraph" style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1;"><span style="font-family: Symbol; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Investigate customer defections.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><span style="mso-spacerun: yes;">  </span>While it’s bad when a customer leaves your business for a competitor, what’s even worse is failing to learn anything from that exit.<span style="mso-spacerun: yes;">  </span>Departing customers have a valuable perspective to share.<span style="mso-spacerun: yes;">  </span>Whether you solicit that perspective yourself or obtain it through a third-party – <em style="mso-bidi-font-style: normal;">just be sure to get it</em>.<span style="mso-spacerun: yes;">  </span>You’ll learn volumes about what frustrates your customers and triggers their defection.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoListParagraph" style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1;"><span style="font-family: Symbol; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Open the feedback spigot.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><span style="mso-spacerun: yes;">  </span>Don’t wait until customers attrite.<span style="mso-spacerun: yes;">  </span>Take their temperature while they’re still with you.<span style="mso-spacerun: yes;">  </span>Survey them periodically (preferably using a measure of loyalty, rather than one of satisfaction).<span style="mso-spacerun: yes;">  </span>Find out what they’re saying to your front-line staff.<span style="mso-spacerun: yes;">  </span>Listen to their chatter on social media.<span style="mso-spacerun: yes;">  </span>If there’s trouble brewing, customers will rarely take the time to tell you – so be sure to ask and listen before it’s too late.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoListParagraph" style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1;"><span style="font-family: Symbol; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Act on what you learn.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><span style="mso-spacerun: yes;">  When you identify triggers of </span>customer defection, it needs to be more than an academic exercise.<span style="mso-spacerun: yes;">  </span>If you don’t do anything with the intelligence gained, then you might as well have never questioned customers in the first place!<span style="mso-spacerun: yes;">  </span>Find the themes in the feedback and translate those into specific, time-bound remedial actions that are owned by a single individual.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoListParagraph" style="text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1;"><span style="font-family: Symbol; font-size: 10pt; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><span style="mso-list: Ignore;">·<span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Communicate.</span></strong><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><span style="mso-spacerun: yes;">  </span>If you’ve made changes to your business based on what you learned from current or former customers, don’t keep it a secret.<span style="mso-spacerun: yes;">  </span>Tell customers (particularly at-risk ones) about it.<span style="mso-spacerun: yes;">  </span>It may help get the relationship back on stronger footing, as people see that you’re making a genuine effort to address customer concerns and eliminate sources of frustration.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">As the Lloyd’s study illustrates – if you’re worried about losing customers, you’re not alone.<span style="mso-spacerun: yes;">  </span>But you <em style="mso-bidi-font-style: normal;">can</em> do something about it.<span style="mso-spacerun: yes;">  </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">If you have a customer retention problem, or fear one may be looming, the solution is right before your eyes, in the form of your very own customers – those who have recently left and those who are still with you.<span style="mso-spacerun: yes;">  </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><strong style="mso-bidi-font-weight: normal;">Listen</strong> to them, <strong style="mso-bidi-font-weight: normal;">learn</strong> from them, and then <strong style="mso-bidi-font-weight: normal;">act</strong>.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
]]></content:encoded>
			<wfw:commentRss>http://www.watermarkconsult.net/blog/?feed=rss2&amp;p=638</wfw:commentRss>
		</item>
		<item>
		<title>‘Twas The Night Before Earnings Release</title>
		<link>http://www.watermarkconsult.net/blog/?p=616</link>
		<comments>http://www.watermarkconsult.net/blog/?p=616#comments</comments>
		<pubDate>Mon, 19 Dec 2011 18:01:54 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Customer Experience]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=616</guid>
		<description><![CDATA[What would Santa say to all those companies that are naughty to their customers?]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Outrageous service fees.  Rude staff.  Unintelligible correspondence.  What would Santa say to all those businesses that are naughty to their customers?</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span>With a nod to Clement C. Moore&#8217;s &#8220;A Visit From St. Nicholas,&#8221; <a href="http://www.watermarkconsult.net" target="_blank">Watermark Consulting</a> Founder Jon Picoult wishes you Happy Holidays with this unconventional take on what ails businesses today:</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="text-align: center; margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">*<span style="mso-spacerun: yes;">     </span>*<span style="mso-spacerun: yes;">     </span>*</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">‘Twas the night before earnings release, at the office.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Everybody was stirring…  especially Horace.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">As Chief Accountant, with numbers he’d trained</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">But looking at these figures, his spirits waned.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Sales were down; expenses were climbing,</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">And it wasn’t just due to the seasonal timing.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Something awful was happening behind the scenes.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">That was clear, even to the guy who counted beans.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">So he summoned his staff about what to do next:</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“We need answers to share with the corporate execs!”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">They dug into the numbers, and analyzed trends,</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">And began to see things through a shiny new lens.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">The executives gathered, though it was Christmas Eve.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“What’s the purpose of this?” asked the CEO, aggrieved.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“Well,” Horace replied, his voice cracking with fear.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“I’ve got something, sir, that I think you should hear.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“There’s a lot to explain, but I’ll try to make it snappy.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">I’ve reviewed our financials and they won’t make you happy.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Those great retention numbers we saw in the fall?</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Well, turns out our customers weren’t loyal after all.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“They were waiting around for a better provider.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">As soon as one came, they switched their supplier.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">There’s a new firm that’s doing something astounding,</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">And some of their tactics are truly confounding.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“Like what?” scoffed the CEO.  “We can’t be upstaged.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">We’ve bought Super Bowl time.  Made a Facebook page.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">How can some other firm possibly strike us</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">When we’ve got six ‘Friends’ who say that they ‘Like’ us?”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Horace took a deep breath and met the chief’s gaze.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“Their customers seem to have nothing but praise.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">When a client calls, for example, humans answer the phone.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">They don’t have to listen to some automated drone.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">The Service VP raised his chin, in a snit.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“For the record,” he said, “I don’t buy this one bit.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Our voice response system is very helpful.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Horace grinned.  “Maybe, if you get past the eighth menu level.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">The Marketing VP then entered the fray.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“I know what’ll keep this competitor at bay.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">We’ll expand our products! Add bells and whistles, too!</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">I guarantee this little upstart won’t know what to do.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“That isn’t the answer,” Horace said, perplexed.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“This upstart knows customers dread what’s complex.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Their product suite’s lean in a deliberate attempt</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">To avoid the confusion that breeds discontent.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“But we’ve got the best salespeople,” their VP declared.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">I promise you, in this fight, no expense will be spared!”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Horace sighed.  “But our people are paid on commission.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">And consumers these days view that with suspicion.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“There’s more,” Horace said, to the ol’ CEO,</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“There’s another big problem compounding our woe.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Employees are frustrated; turnover’s on the rise.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Folks just aren’t happy, is what I surmise.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">The CEO shrugged in silent disbelief.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“I don’t understand,” he said. “What’s the staff’s beef?”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Horace measured his words, tried to hide his smirk.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Everyone knew this wasn’t a good place to work.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“Well, sir, it’s complicated and it’s not just one thing.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">But it’s all lowered morale, which now hangs by a string.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">We tell them we want quality, yet measure them on quickness.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">That conflict creates stress, so they call out with sickness.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">We implore them to exceed our customers’ expectations,</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Yet give them poor systems requiring manual machinations.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">And on top of it all, they’ve got supervisors who don’t listen.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Focused less on their people, on more on their own mission.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Just as the CEO rose to make his case,</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">There was a noise from the boardroom fireplace.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">The execs stood in awe as a black boot appeared.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">And heard from above the clatter of reindeer.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">It was Santa himself who stepped forth for a turn.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“When,” he cried, “will you bozos ever learn?</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">I’ve worked with you for years, but I’m sorry to say.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">The way you treat customers…  is driving <em>me</em> away!</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Your quality’s suffered, and the fees are too numerous.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">To think you’ll get loyalty is really quite humorous.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">The elves give me an earful, day in and day out.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Say we can do better with our North Pole clout.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">So I’m putting you on notice: get this shop in order,</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Otherwise I’ll move the work south of the border.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">And if you don’t think all of these problems phase us,</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Just watch me forge a larger agreement with Bezos.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">As he stepped into the fireplace, Santa gave them a wink.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">“You simply must pull yourselves back from the brink.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Think you know your business? I’ll throw you a curve.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">No matter what you’re selling, your business is <em>to serve</em>.”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
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		<title>How Businesses Can Keep Occupiers At Bay</title>
		<link>http://www.watermarkconsult.net/blog/?p=608</link>
		<comments>http://www.watermarkconsult.net/blog/?p=608#comments</comments>
		<pubDate>Wed, 14 Dec 2011 22:43:38 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Branding]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=608</guid>
		<description><![CDATA[Occupy Wall Street seems to have overlooked some prominent members of the so-called 1%.]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><em><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">[This article originally appeared in the November 28, 2011 edition of <a href="http://usat.ly/tPHqSU" target="_blank">USA TODAY</a>.]</span></em></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><em style="mso-bidi-font-style: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></em></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Occupy Wall Street seems to have overlooked some prominent members of the so-called 1%.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">In its crusade against corporate greed and wealth inequality, the Occupy movement has largely focused on big financial institutions and rich businesspeople.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">People love to hate these companies and their moguls — for what’s perceived as their relentless pursuit of profit, their never-ending avarice, their disregard for the middle class and their extravagant lifestyles.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">But when the protesters fanned out across Manhattan, why didn’t they also stop at NBA headquarters? It would have been convenient — the NBA’s offices are located right on Fifth Avenue, just steps away from Occupy’s chosen targets.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">After all, the NBA has been embroiled in an ugly labor dispute between players and owners about how to distribute $4 billion in annual revenue. This past weekend, these millionaires and billionaires finally figured out how to divide their ridiculously huge pie — while middle-class parents struggle to make ends meet, let alone figure out how to pay for decent seats at an NBA game.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">But let’s not stop at the NBA. Occupy reflects frustration with people and institutions who enjoy oversized paychecks for work that — compared with how most of us earn a daily wage — doesn’t seem to warrant it.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">So why isn’t anyone occupying Hollywood, or Yankee Stadium, or Kim Kardashian’s house? Leading actors make tens of millions of dollars for a film shoot that can last less than a year. Top athletes pull down even more for paid endorsements and a playing season measured in months. And then, of course, there are reality show stars such as Kardashian, who reportedly earns $10,000 per sponsored Tweet, in addition to millions from endorsements, appearances and the occasional low-key televised wedding.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Where is the outrage toward these 1%-ers who sport hourly wages that can make some bank CEOs look like welfare cases?</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">On first blush, it seems as though there is a double standard at work here. In reality, there is just one standard — but it’s applied in a somewhat irrational way. Right or wrong, the value we assign to things is influenced as much by emotional considerations (how it makes us feel) as it is by rational ones (whether it’s a fair price).</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Highly paid celebrities, sports figures and best-selling authors stir our emotions. They entertain us, inspire us, move us — so instead of focusing on how much money they earn, we look past that and instead just enjoy how they make us feel. Even Kardashian and her reality show ilk capitalize on this dynamic, instilling in their audience feelings of voyeurism and aspiration (or, in my case, fear for humanity).</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Business leaders can learn something from these members of the 1% who manage to cultivate adoration instead of condemnation. People’s perception of the value you deliver, and their tolerance for the rewards you reap, is inevitably colored by how you make them feel. If consumers don’t understand your business and don’t see how it enriches their lives (are you listening, Wall Street?), they’ll be more inclined to scrutinize the profits and compensation you earn.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">Businesses can be beloved, even when they generate huge profits and create great wealth for their executives. Just look at Apple, Google, Disney, or Johnson &amp; Johnson. Nobody is occupying these companies’ headquarters, even though these firms make a lot of money.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">What’s different about these companies is that they create value for consumers that resonates with both the head and the heart. They infuse their business with purpose and meaning that transcends profit. They focus on feelings, not just fees.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;">And while that might sound pithy and trite, it is a formula that has enabled prominent members of the 1% — and even some of the world’s most profitable companies — to avoid public wrath.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
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		<title>Sticker Shock:  Customer Experience Customization Gone Wrong</title>
		<link>http://www.watermarkconsult.net/blog/?p=581</link>
		<comments>http://www.watermarkconsult.net/blog/?p=581#comments</comments>
		<pubDate>Wed, 07 Dec 2011 22:28:19 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Communication]]></category>

		<category><![CDATA[Customer Experience]]></category>

		<category><![CDATA[Hall of Shame]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=581</guid>
		<description><![CDATA[When it comes to personalizing the customer experience, it’s better to be generic than clumsy.]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><a href="http://www.watermarkconsult.net/blog/wp-content/uploads/2011/11/sovereign-folder-close-up.jpg"></a></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> <span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">In their quest to deliver a warm, personalized customer experience, some companies cut corners and end up tarnishing their brand instead of enhancing it.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Take, for example, this information folder from a division of the world’s fourth largest bank.<span style="mso-spacerun: yes;">  </span>It’s given to customers who open a new account, and contains all the associated paperwork.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"><a href="http://www.watermarkconsult.net/blog/wp-content/uploads/2011/11/sovereign-folder.jpg"></a></span></p>
<p class="MsoNormal" style="text-align: center; margin: 0in 0in 0pt;"><a href="http://www.watermarkconsult.net/blog/wp-content/uploads/2011/11/sovereign-folder.jpg"><img class="aligncenter size-large wp-image-582" title="sovereign-folder" src="http://www.watermarkconsult.net/blog/wp-content/uploads/2011/11/sovereign-folder-764x1024.jpg" alt="sovereign-folder" width="458" height="614" /></a> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Looks OK from a distance – but what’s the white sticky note that’s slapped onto the folder, a bit askew?<span style="mso-spacerun: yes;">  </span>Let’s take a closer peek:</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="text-align: center; margin: 0in 0in 0pt;"><a href="http://www.watermarkconsult.net/blog/wp-content/uploads/2011/11/sovereign-folder-close-up.jpg"><img class="aligncenter size-large wp-image-583" title="sovereign-folder-close-up" src="http://www.watermarkconsult.net/blog/wp-content/uploads/2011/11/sovereign-folder-close-up-764x1024.jpg" alt="sovereign-folder-close-up" width="458" height="614" /></a> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">How sweet&#8230;<span style="mso-spacerun: yes;">  </span>It’s a note telling me that this information packet was “Prepared especially for you, our valued customer(s).”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">What a remarkable example of customer experience customization!  It must have taken <em style="mso-bidi-font-style: normal;">years</em> of R&amp;D (and hundreds of laser printer adhesive labels) to develop this.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">The message is so precise, so insightful &#8211; it almost felt like they were <em>looking through my soul</em>(except for the fact they couldn’t tell if I was singular or plural).</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">Here’s the lesson:<span style="mso-spacerun: yes;">  </span>When it comes to personalizing the customer experience, it’s better to be generic than clumsy.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">By defacing an otherwise elegant communications piece, and conveying a message of personalization in the most inauthentic manner, this little sticker contradicts pretty much everything the bank is trying to promote about its brand.<span style="mso-spacerun: yes;">  </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt; mso-bidi-font-size: 12.0pt;">In a word, it makes this global financial behemoth look amateurish, which is probably the last thing they were hoping for.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"> </p>
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		<title>Why Your Net Promoter Program Is Failing</title>
		<link>http://www.watermarkconsult.net/blog/?p=558</link>
		<comments>http://www.watermarkconsult.net/blog/?p=558#comments</comments>
		<pubDate>Wed, 23 Nov 2011 03:42:39 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Metrics and Measurement]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=558</guid>
		<description><![CDATA[Has the Ultimate Question turned into the Ultimate Letdown for you?]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">Has the Ultimate Question turned into the Ultimate Letdown for you?</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">Lots of businesses, large and small, have jumped on the Net Promoter Score (NPS) bandwagon as a means to gauge and improve their customer loyalty.<span style="mso-spacerun: yes">  </span>They embed the Net Promoter “ultimate question” into customer surveys (how likely are you to recommend us to a friend or colleague) and – voila! – they wait for the raving fans to shower them with love.</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">And then they keep waiting…<span style="mso-spacerun: yes">  </span>and waiting…<span style="mso-spacerun: yes">  </span>and waiting…<span style="mso-spacerun: yes">  </span>baffled as to why their Net Promoter score doesn&#8217;t budge.</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">It’s a conundrum that’s all too common.<span style="mso-spacerun: yes">  </span>Companies embrace Net Promoter as a measurement elixir to cure all ills, and then are disappointed with the outcome.</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">Now don&#8217;t get me wrong &#8212; I think Net Promoter is a very valuable business tool on a variety of levels.  But here’s the catch:<span style="mso-spacerun: yes">  </span>the most important component of a successful Net Promoter program has nothing to do with Net Promoter.<span style="mso-spacerun: yes">  </span>No matter what loyalty metric you favor – success revolves not around the score, but rather, what you do with it.</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">While it’s nice to know that a customer is likely to recommend your business, that information is essentially meaningless unless you understand the rationale behind the score.<span style="mso-spacerun: yes">  </span>The same holds true for dissatisfied customers:<span style="mso-spacerun: yes">  </span>getting a low rating is bad; not knowing why you got that rating is much, much worse.</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">Which brings us to the key element that separates successful customer feedback programs from failed ones:<span style="mso-spacerun: yes">  </span>Presuming you’ve structured your customer surveys so you not only have a score, but also the rationale for it – then what do you do?</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">If your answer resembles something like “file it” or “pass it onto another department” – then thanks for playing and enjoy your extended stay in the land of mediocrity.</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">The better answer is to actually <em style="mso-bidi-font-style: normal">do something meaningful</em> with the information.<span style="mso-spacerun: yes">  </span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">Distill the key themes from the survey results.<span style="mso-spacerun: yes">  </span>Pinpoint the top three reasons people cite for being brand advocates, and the top three reasons they cite for being brand terrorists.<span style="mso-spacerun: yes">  </span>And then <em>act on it</em>.<span style="mso-spacerun: yes">  </span>Do everything in your power to institutionalize the business practices that create fans, and fix those that create detractors.</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt">Calculating an NPS score, or any type of customer rating, is easy.<span style="mso-spacerun: yes">  </span>Teasing out insights from the score and using them to drive change – that’s more difficult, but far more energizing for your business.<span style="mso-spacerun: yes"> </span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"><span style="mso-spacerun: yes"> </span></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 10pt"> </span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><em style="mso-bidi-font-style: normal"><span style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 8pt; mso-bidi-font-size: 10.0pt">Net Promoter, NPS, and Net Promoter Score are trademarks of Satmetrix Systems, Inc., Bain &amp; Company, and Fred Reichheld.</span></em></p>
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		<title>The Top Ten Ways To Spook Your Customers</title>
		<link>http://www.watermarkconsult.net/blog/?p=541</link>
		<comments>http://www.watermarkconsult.net/blog/?p=541#comments</comments>
		<pubDate>Fri, 28 Oct 2011 15:39:29 +0000</pubDate>
		<dc:creator>jpicoult</dc:creator>
		
		<category><![CDATA[Customer Experience]]></category>

		<guid isPermaLink="false">http://www.watermarkconsult.net/blog/?p=541</guid>
		<description><![CDATA[What are you afraid of this Halloween?  That your customers might disappear like ghosts?]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">What are you afraid of this Halloween?<span style="mso-spacerun: yes;">  </span>That your customers might disappear like ghosts?<span style="mso-spacerun: yes;">  </span>That your competitors might pick them off like vultures?<span style="mso-spacerun: yes;">  </span>That it’s all going to drive you batty?<span style="mso-spacerun: yes;">  </span>In the spirit of All Hallows’ Eve, Watermark Consulting brings you The Top Ten Ways To Spook Your Customers:</span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: center; margin: 0in 0in 0pt; mso-add-space: auto;" align="center"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">*<span style="mso-spacerun: yes;">     </span>*<span style="mso-spacerun: yes;">     </span>*</span></span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">10.<span style="mso-spacerun: yes;">  </span>Respond to customer requests like a zombie.</span></span></strong></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">Are your responses to customer inquiries heavily scripted like they came out of some low-budget horror movie?<span style="mso-spacerun: yes;">  </span>Might your customers feel like no matter what they say, they get form letters and teleprompter-like messages in response?<span style="mso-spacerun: yes;">  </span>Remove active listening, critical thinking and personalized problem solving from your front-line and you miss a huge opportunity to impress your customer.<span style="mso-spacerun: yes;">  </span>If your front-line personnel perform like zombies, you can guarantee that customers will run from them.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">9.<span style="mso-spacerun: yes;">  </span>Communicate in gobbledygook (or, on Halloween, goblin-dygook).</span></span></strong></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">Having trouble reading a billing statement?<span style="mso-spacerun: yes;">  </span>Or your health insurer’s explanation of benefits?<span style="mso-spacerun: yes;">  </span>Or correspondence from your financial institution?<span style="mso-spacerun: yes;">  </span>You’re not alone.<span style="mso-spacerun: yes;">  </span>Businesspeople are steeped in the practices and language of their respective industries.<span style="mso-spacerun: yes;">  </span>As such, they often forget to translate their communications for easy public consumption.<span style="mso-spacerun: yes;">  </span>Instead, they convey their messages using jargon, terminology and acronyms that make their customers head for the hills.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">8.<span style="mso-spacerun: yes;">  </span>Cut expenses and operate with a skeleton staff.</span></span></strong></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">Particularly in times of economic distress, many companies’ first reaction is to slash investments in post-sale operations, since these areas are not viewed as revenue-driving and therefore become easy targets when profits need to be propped up.<span style="mso-spacerun: yes;">  </span>But while skeleton staffs might offer some immediate gratification in expense reduction, they also foster negative impressions that could snuff out your company’s true brand.<span style="mso-spacerun: yes;">  </span>Bare bones operations translate into long checkout lines, miserable 800-line hold times, overall inattentive service, as well as visibly overworked and irritated employees – characteristics that are hardly the best ingredients for great customer experiences.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">7.<span style="mso-spacerun: yes;">  </span>Embark on monstrous transformation projects.</span></span></strong></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">Business transformation is overrated.<span style="mso-spacerun: yes;">  </span>It’s good to have high aspirations and stretch goals, but you’ve got to eat the elephant one bite at a time.<span style="mso-spacerun: yes;">  </span>Big, hairy, audacious projects have a tendency to be ill-defined and nearly impossible to manage.<span style="mso-spacerun: yes;">  </span>Plus, most companies suffer from “organizational A.D.D.” and have trouble staying focused on a 3-month project, let alone a 3-year one.<span style="mso-spacerun: yes;">  </span>Transformational projects make for good annual report copy, but they often fail to deliver valuable improvements to employees and customers.<span style="mso-spacerun: yes;">  </span>(Sometimes, all they deliver is disruption and dissatisfaction.)<span style="mso-spacerun: yes;">  </span>Yes, have a long-term vision – but never underestimate the power and efficiency of incremental advances toward that destination.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">6.<span style="mso-spacerun: yes;">  </span>Never do a post-mortem.</span></span></strong></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">In the whirlwind of daily business activities, people rarely take the time to dissect and diagnose customer annoyances.<span style="mso-spacerun: yes;">  </span>Customer complaints present a wonderful opportunity to not just recover gracefully (and perhaps win back a consumer’s loyalty), but to also dig up the root cause of a problem and fix it, once and for all, so it never again rears its ugly head.<span style="mso-spacerun: yes;">  </span>What’s even rarer than post-mortems on customer complaints?<span style="mso-spacerun: yes;">  </span>Post-mortems on customer compliments.<span style="mso-spacerun: yes;">  </span>There’s great value in pinpointing what employee or practice generated customer delight and then figuring out how to replicate that outcome more routinely.<span style="mso-spacerun: yes;">  </span>Post-mortems can yield silver bullet-like learnings that forever eradicate customer frustrations or permanently institutionalize loyalty-enhancing business practices.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">5.<span style="mso-spacerun: yes;">  </span>Create a workplace that sucks the lifeblood out of people.</span></span></strong></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">To create happy, satisfied, and loyal customers, you need happy, satisfied and engaged employees.<span style="mso-spacerun: yes;">  </span>Create a work environment where employees don’t feel appreciated, respected or well-equipped to do their jobs – and you’re guaranteed to make their energy and passion go away faster than a vampire at dawn.<span style="mso-spacerun: yes;">  </span>And if you don’t think your customers will notice that difference in your staff, then you really are starting to hallucinate.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">4.<span style="mso-spacerun: yes;">  </span>Don’t tell your customers what’s lurking around the corner.</span></span></strong></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">Creating satisfied, loyal customers is a lot about managing expectations.<span style="mso-spacerun: yes;">  </span>People’s frustration (or delight) with a business is closely tied to the expectations they had of that interaction.<span style="mso-spacerun: yes;">  </span>Customers don’t like ambiguity or unpleasant surprises.<span style="mso-spacerun: yes;">  </span>If you don’t tell them what to expect – how long they’ll be on hold before speaking to a live person, how much paperwork they’ll need to fill out for a mortgage application, what information they’ll need to provide to get an insurance quote, etc. – then they’re more likely to be annoyed when the interaction isn’t as quick, simple or straightforward as they anticipated.<span style="mso-spacerun: yes;">  </span></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">3.<span style="mso-spacerun: yes;">  </span>Give your customers tricks and never treats.</span></span></strong></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">Do customers walk away from dealings with your business feeling good about the interaction?<span style="mso-spacerun: yes;">  </span>Do they get what they expected; do they feel like they got a good value?<span style="mso-spacerun: yes;">  </span>For lots of businesses, the answer is no.<span style="mso-spacerun: yes;">  </span>Customers will rarely tell you that, choosing instead to just vote with their feet (and wallet) and do business elsewhere.<span style="mso-spacerun: yes;">  </span>From products that don’t work exactly as expected, to special offers that exclude desirable merchandise, to fine print that can’t even be understood – these are examples of “tricks of the trade” that may draw consumers in momentarily, but certainly won’t create a foundation on which to build loyal customer relationships.<span style="mso-spacerun: yes;">  </span>Contrast that with the indelible positive impressions left on customers who experience treats – pleasant surprises and personal touches that they never expected or anticipated.<span style="mso-spacerun: yes;">  </span>That’s what legendary service brands are made of.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">2.<span style="mso-spacerun: yes;">  </span>Avoid ownership and accountability like the plague.</span></span></strong></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">A gruesome ailment has descended upon the business community, eradicating all vestiges of ownership and accountability.<span style="mso-spacerun: yes;">  </span>Customer calls are not promptly (if ever) returned.<span style="mso-spacerun: yes;">  </span>Commitments are not kept.<span style="mso-spacerun: yes;">  </span>Obligations are forgotten.<span style="mso-spacerun: yes;">  </span>Here’s a little secret:<span style="mso-spacerun: yes;">  </span>customers don’t care if your store is immaculate, if your employees have smiles, if you send them fancy newsletters or any of that fluff if your product doesn’t work as advertised and your people don’t follow through on their promises.<span style="mso-spacerun: yes;">  </span>Want to create a brand experience that outshines all others?<span style="mso-spacerun: yes;">  </span>Start by nailing these basics and making sure your customers feel cared for.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><em style="mso-bidi-font-style: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">And the Number One way to spook your customers…</span></span></em></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt; mso-add-space: auto;"><strong style="mso-bidi-font-weight: normal;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 11pt; mso-bidi-font-size: 10.0pt;"><span style="color: #000000;">1.<span style="mso-spacerun: yes;">  </span>Put scary people on your front line.</span></span></strong></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">Who’s interacting with your customers on a daily basis?<span style="mso-spacerun: yes;">  </span>Is your front-line comprised of superheroes who go the extra mile for your customers, or soulless automatons who frighten your customers with their discourtesy, uselessness and utter inability to honor commitments?<span style="mso-spacerun: yes;">  </span>No matter how sophisticated your customer relationship management systems are, or how spectacular your retail store looks, or how advanced your customer segmentation strategy is – it means nothing if the people interacting with your customers are not professional, responsible and genuinely helpful.</span></span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpMiddle" style="text-align: center; margin: 0in 0in 0pt; mso-add-space: auto;" align="center"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">*<span style="mso-spacerun: yes;">     </span>*<span style="mso-spacerun: yes;">     </span>*</span></span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">No right-minded business sets out to spook its customers.<span style="mso-spacerun: yes;">  </span>But that’s inevitably the outcome when companies lose sight of what’s important and valuable to the people they serve.<span style="mso-spacerun: yes;">  </span></span></span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;"> </span></span></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0pt; mso-add-space: auto;"><span style="font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;; font-size: 10pt;"><span style="color: #000000;">Are you haunted by the prospect of your customers defecting to a competitor?<span style="mso-spacerun: yes;">  </span>Do something about it before your worst nightmares become a reality.<span style="mso-spacerun: yes;">  </span>Let these ten tips serve as your guide, and before you know it, you’ll be casting a spell on your customers that’ll have them coming back for more.</span></span></p>
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