Traditional customer service metrics

Assignment Help Strategic Management
Reference no: EM13219998

Using customer experience as a competitive differentiator is a goal for many businesses, but many find it's easier said than done. As proof of this, more than two thirds of business leaders recently surveyed by Forrester Research stated that their firms have set this as a goal, but more than half lack a definitive strategy to do so.

That's because when it comes to improving customer service operations, many companies lack the right information.

In their attempts to determine the success-and ultimate value-of their contact centers, companies have traditionally looked at customer service purely from a financial vantage point. They have applied business-centered goals, like cutting costs, making money, and beating the competition, to their contact centers, and used indirect metrics, such as automation and containment rates, script adherence, and average handling times, as the guiding principles by which these contact centers were measured. "The basic concept of contact center management was how fast you could answer the call and get the customer off the phone. That was the driving [key performance indicator]," says Maggie Klenke, founding partner of the Call Center School in Lebanon, Tenn.

Metrics like these are out of step with the current prevailing business shift from a business-centric approach toward a customer-centric one, from one-size-fits-all experiences to hyper-contextualized experiences that focus on giving customers what they want, when and how they want it.

In light of these changes, should contact center leaders abandon traditional customer service metrics and move to a new model? If so, what should that new model be? If not, why do you feel that existing metrics should remain?

Reference no: EM13219998

Questions Cloud

What is the required rate of return on the great danes stock : Great Dane, a Danish firm, has systematic risk of 0.9 when measured against the MSCI World Market Index. Its systematic risk is 1.25 when measured against the Danish stock index. The expected returns on the MSCI world index.
How do you write a program in visual basic : My problem is the program should pretty much erase the pervious series data points for the control limits for both charts and update the new value with the recalculated values, and I am not sure how to do this. Thank you!
Calculate price and output under the perfectly competitive : Jay's Silk Printing Co. is located in a small university town. The major portion of their business is custom printed sweatshirts for university bookstores. As a sideline, they also retail sweatshirts locally. The local demand for sweatshirts is: Q..
What is real gdp starting from full employment equilibrium : Governments routinely alter their spending patterns to impact the economy, particularly as they relate to GDP growth and unemployment levels. Explain what effect an expansionary fiscal policy would have on the price level and real GDP starting fro..
Traditional customer service metrics : Should contact center leaders abandon traditional customer service metrics and move to a new model? If so, what should that new model be? If not, why do you feel that existing metrics should remain?
Develop a program that includes a function : Develop a program that includes a function which has been created by you. This function should receive a single string as a parameter and decide if the string is indeed a palindrome or not a palindrome.
How to identify the part of the business cycle : Identify the part of the business cycle that is characterized by:  The economy is at full employment.  The growth rate of aggregate demand exceeds the growth rate of aggregate supply. Recession. Recovery and non-inflationary growth.
Explain the differences between server-side and client : Explain the differences between server-side and client - side scripting languages. Please provide at least 3 advantages and disadvantages of each. Please cite your sources if needed.
Describe growth objectives for organization : Discuss the company's corporate strategy and explain what business the organization is in or wants and describe your growth objectives for this organization.

Reviews

Write a Review

Strategic Management Questions & Answers

  Case study in strategic plan adelphi art centre

Strategic plan or strategic planning of  Adelphi Art Centre in Adelphi, Australia.

  Pestle analysis of a new uk based business plan

Key trend of PESTEL tool  analysis in UK in the next three years.

  Diversity reflection paper

This document describes an exercise that could used to increase students' sensitivity to workforce diversity and related issues of power.

  Crafting a personal vision and mission statement

Crafting a Personal Vision and Mission Statement

  Business strategy and strategic human resource management

This project report describes the co-ordination and alignment of business strategy with strategic human resource management.

  Steak sauce - lawry’s defense: case analysis

Steak Sauce: Lawry's Defense" case to complete a formal written case analysis

  Write a report on best buy strategic audit

Write a report on best buy strategic audit which inhibits the corporate governance, corporate culture, and under Corporate Resources.

  Cross-cultural management

To develop an awareness and comprehensive understanding of the influence of culture on management

  Calculate the expected value of returns of stock

Calculate the expected value of returns of stock.

  Influence the making of public policy

Write a paper on interest groups and how they seek to influence the making of public policy.

  Strategic management principles

Strategic Management principles

  Resource base view theory versus positioning theory

Explain Resource Base View theory versus Positioning theory

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd