EXPERIENCE ‘18 Guiding Effective CX Transformations€¦ · Companies that expect to compete on...

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EXPERIENCE ‘18 Guiding Effective CX Transformations Keith Lucas, Business Improvement & Marketing Senior Startegy Manager, BT Brian Andrews, Senior CX Principal , Medallia Desirree Madison-Biggs, CX VoC Programs Design Lead, AirBnB

Transcript of EXPERIENCE ‘18 Guiding Effective CX Transformations€¦ · Companies that expect to compete on...

Page 1: EXPERIENCE ‘18 Guiding Effective CX Transformations€¦ · Companies that expect to compete on the basis of customer experience Source: Gartner, "Gartner Surveys Confirm Customer

EXPERIENCE ‘18

Guiding Effective CX Transformations

Keith Lucas, Business Improvement & Marketing

Senior Startegy Manager, BT

Brian Andrews, Senior CX Principal , Medallia

Desirree Madison-Biggs, CX VoC Programs

Design Lead, AirBnB

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Medallia © Copyright 2018.

Why CX?

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Interest in CX Has ExplodedCompanies that expect to compete on the basis of customer experience

Source: Gartner, "Gartner Surveys Confirm Customer Experience is the New Battlefield," October 23, 2014.

36%

89%

2011 2015

% o

f co

mp

anie

s

3

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The Stock Market Rewards Loyalty Leaders

Medallia Customers

S&P500

-40%

0%

40%

80%

120%

160%

200%

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

To

tal C

um

ula

tive

Sto

ck R

etu

rns

(%)

Year (January of…)4

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The stone after it's thrownThe word after it's said

The occasion after it's missedThe time after it's gone

4 Things You Can’t Get Back

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Customer Experience EffectivenessHow effective is your company in delivering a relevant & reliable

customer experience?

Source: Harvard Business Review Analytic Services Survey, April 2017

32%

53%

15%

Not very effective

Somewhat effective

Very effective

6

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Learning from the Wheel Makers

The Power of Positivity”Show Me the Money” Intentional Design

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E C S

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Schwab “Killer” Slide Illustration

Super Detractors Detractors Passive Promoters

Life

tim

eV

alu

e

11

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Eliminating Pain-Points Drives Economic Value for GeneraliCustomer behavior 6 months after survey

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Promoters actively recommend

Promoters buy 67% more

Promoters exit 61% less

Sample size: 53,9421

Cross-Sell after claims experience Sample size: 7,1142

Sample size: 140,9441

Exit rate after any experience

Detractors Promoters

67%

Detractors Promoters Detractors Promoters

+4x -61%

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Capturing the Hearts and Minds of People

Keith Lucas, BT plc

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BT Enterprise sell communications and IT services in the UK and

Republic of Ireland

£5Bn revenue

1.2 Million customers across Volume and

Value segments

10k employees

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We had created a climate where our people spent more time walking in BT’s

shoes, than in our customers’.

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This just got personal …………..

Leadership Coaching Mindset

9 things leaders do

9 skills for our People

#PlayMyPart

Voice of the Customer through Medallia

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Simplifying the conversation

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#PlayMyPart

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Business Outcomes

Creating the Right Culture

Taking ownership

Adding value to organisation

Employee EngagementTop Quartile

Interaction NPSUP 34 pts

Relationship NPSUP 15 pts

Service Leads to Sales£150m

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Guiding Effective CX Transformations

EXPERIENCE ‘18

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From Design Thinking to Design Doing

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Desirree Madison-Biggs,

CX VoC Programs, Design Lead, AirBnB,

CCXP Board Chair, CXPA

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4.5mListings

191 81kCountries Communities

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2.9mHosts

130m 5kGuests Employees

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VisionTo create a world where anyone can belong anywhere

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EmpathyAt the heart of design

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Taking Magic from the Kingdom

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Finding out about Airbnb

Browsing and exploring

possibilities

Searching for the right place

Planning the trip together

Booking a place

Staying in the listing

The guest moment of truth

Checking inTraveling to the

listing

Communicating with

the host

Exploring the destination

Checking outDeparting the

destinationGiving a review to build reputation

Sharingthe experience

Turning Empathy into Trust

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“The world has become one big neighborhood to us.”DEBBIE & MICHAEL CAMPBELL

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Evolution… Revolution…Foundation…

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Competitors don’t put

you out of business,

your customers do

Brian Chesky, CEO

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Thank You!#EXP18Medallia