Intelligent CXO Issue 05 | Page 18

INFOGRAPHIC

Businesses are not equipped to deliver on customer experience , IFS study finds

Businesses are missing out on a significant opportunity to fix internal processes and address the root causes of customer experience issues in the wake of the pandemic , research from enterprise software specialist , IFS , has revealed .

THERE ARE MANY POINTS WHERE YOU CAN EITHER DELIGHT OR DISAPPOINT A CUSTOMER ACROSS THE VALUE CHAIN AND IT IS CLEAR FROM THESE FINDINGS THAT CONSUMERS ARE WILLING TO VOICE THEIR OPINIONS EITHER WAY .
The global study , which surveyed 1,700 + executives and 12,000 + consumers , uncovered that despite the majority of companies ( 66 %) investing upwards of US $ 250,000 each year evaluating the customer experience through Net Promoter Scores , reviews and customer satisfaction surveys , 82 % were unable to recall a single positive example of a recent frictionless customer experience – showing current customer experience processes do little more than wallpaper over the cracks .
While much attention is paid to customer service , the inflection points that occur throughout the life cycle of an operation and encompass processes , technology solutions and human coordination are even more important to business outcomes , yet even more frequently overlooked .
Only by careful orchestration of these components can companies deliver a quality ‘ Moment of Service ’, in which everything comes together to create a positive result for a customer .
However , while 79 % of businesses have invested time and resources in identifying where these inflection points are , when problems are identified nearly a third of managers ( 29 %) admitted to reporting them but not taking action . Furthermore , some 18 % revealed they were too busy to report issues unless urgent ,
18 www . intelligentcxo . com