CH 12: Creating Your CX Strategy Flashcards

1
Q

The CX should pervade every aspect of the business and therefore the business strategy

A

true

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2
Q

What is a vision?

A

is your company’s purpose, your reason for being

4c’s Vision- Making premium hair care 4 all curls

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3
Q

What is a mission?

A

n internal statement of where
you are going, a direction.

Mission- Being the number 1 provider of premium hair care

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4
Q

T.F customers can be embedded in the visions, mission and strategies

A

True

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5
Q

T/F

A

Defined/Clear CX- General idea of the experience you wanna give—– lead to CX centered Vision and Mission (Strategies)—– lead to Action that enhance the CX

-Pret-a-manager

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6
Q

Explains how it fits together

A

Vision
Mission
Company Strategy
CX Statement (Derived from co. strategy; affects all other strategies)
Influences HR, System Services, Marketing strategy

Then you the CX Strategy which leads to improvement programmes- which affects all other strategies

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7
Q

What is a strategy

A

A plan designed to achieve a particular long-term aim

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8
Q

How to develop CX strategy

A

Use Cx Statement
Idenitfy gaps between current and desired CX
Make programmes/initiatives:
People Programme- recruit with CX Competencies

Syatem Programme- implement CRM, improve systems

Marketing programme- to communicate changes in CX

Focus in doing well on easier projects to win over critics

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9
Q

What is philosophy no 6?

A

Great customer experiences are revenue generating and
can significantly reduce costs

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10
Q

How to save costs and improve CX

A

Use Transactional costs to see which contact points are more cost effective

Reduce repeat calls

Reduce overlaps in moments of contact- use paths defined by the customer and save costs- like doing transaction online

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11
Q

How CX strategy generate revenue

A

Increasing loyalty (emotional attachment)

Improved C retention- through understanding underlying emotional drivers

Increasing Customer Satisfaction- More satisfaction more money

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12
Q

3 methods of implementation

A

Big Bang- everything at once

Ready, fire, aim- get ready, put it out there, if they like it, we continue; if they don’t, we re-direct our efforts

Softly, Soflty- make sure all elements are in place then launch- take your time to get it together, then launch

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13
Q

How to manage continual improvement

A

DICE: Driving Improved Customer Experience

  1. Evaluate CX needs
  2. Assess internal readiness- resources, skill sets, volume, culture, leadership
  3. Develop statement and strategy-build business case and define/review CX pyramid at this stage
  4. Implement elements & sub-elements- measurement implemented along with feedback mechanisms
  5. Monitor against desired results- use employee feedback, C. sat index, customer complaints/comments
  6. Gather measures and sources other feedback- go beyond measurements in step 5- market data, benchmark studies, best practice from other businesses
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