20th
November
2008
Posted by
James Taylor
I was pointed to a post today on the topic of customer service (Another Day, Another Customer-Service Nightmare on the EconoWhiner) that pointed out that companies
need to provide quality service and quality customer service if they’re going to survive an economic downturn as severe as this one?
Now I am not going to pick on AOL [...]
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posted by James Taylor in Customer Experience, Decision Management |
19th
November
2008
Posted by
James Taylor
Last week I saw a post comparing Best Buy and Circuit City - one thriving and one going into bankruptcy - and it made me think about the role of decision management in Best Buy’s success. I have head Best Buy present various times an a number of elements of their successful customer-centricity strategy are [...]
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posted by James Taylor in Customer Experience, Decision Management, Retail |
10th
November
2008
Posted by
James Taylor
CRM Daily had a nice little article on Customer Retention that reminded me of the example I often use for how the elements of decision management contribute to more effective customer retention decisions. Large organizations spend vast sums on retention - one bank, for instance, spends $1Bn annually - and retention is a perfect candidate [...]
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posted by James Taylor in Adaptive Control, Business Rules, Customer Experience, Data Mining, Decision Management, Optimization, Predictive Analytics |
7th
November
2008
Posted by
James Taylor
An old friend sent me a link to an article on the Financial Times - How to survive an IT squeeze. I was struck by a couple of quotes:
Scarcity of capital will generate increased competition for the cash that is available. Consequently it will be even more important that businesses do everything they can to [...]
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posted by James Taylor in Business Agility, Customer Experience, Decision Management |
7th
November
2008
Posted by
James Taylor
Great comment from monkchips on twitter today:
the key to customer relationship management is to treat your clients as people rather than accounts. everything else follows from that.
Of course the challenge is how to make sure that all the people who work for you and all the systems your clients use do this. While you can [...]
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posted by James Taylor in Customer Experience, Decision Management |
22nd
October
2008
Posted by
James Taylor
Graham Hill wrote a piece on Evidence-based CRM that focused on evidence-based CRM programs and it made me think about evidence-based CRM processes.
To me, evidence-based CRM means customer relationships, and thus customer treatments, that are based on evidence (data) and not judgment, hope, guesswork etc. It means
making offers that you have evidence this customer will [...]
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posted by James Taylor in Adaptive Control, Customer Experience, Data Mining, Decision Management, Predictive Analytics |
17th
October
2008
Posted by
James Taylor
Randy Saunders had a great post over on the Perfect Customer Experience -Can I please speak with a live agent? In it he has a great quote:
Forester’s study finds that 45 percent of consumers prefer to speak with a customer service agent to answer questions and resolve service issues, yet most walk away from customer [...]
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posted by James Taylor in Customer Experience, Decision Management |
7th
October
2008
Posted by
James Taylor
On my recent trip to Europe I got my first chance for a real look at SeeWhy’s product and their announcement today of SeeWhy Tracks Individual Customers’ Digital Mood seemed like a good reason to blog a little about this interesting product. The latest version helps manage customer experience by analyzing page errors, page load [...]
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posted by James Taylor in Business Activity Monitoring, Customer Experience, Event Processing, Predictive Analytics, Product News |
6th
October
2008
Posted by
James Taylor
Last week I was invited to attend Chordiant’s European Customer Advisory Board. This session was held in lovely Munich in the middle of Oktoberfest and was both informative and a lot of fun. While I can’t share everything - some of it was for customers only - I thought you would appreciate what I could [...]
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posted by James Taylor in Customer Experience, Decision Management, Product News |
9th
September
2008
Posted by
James Taylor
Stephan Chase of Marriott generated the third set of thoughts. He is working to make Marriott more customer-centric, in particular by employing predictive modeling to determine what customers are likely to do in the future while using results in marketing to create a learning organization. This is of course the heart and soul of decision [...]
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posted by James Taylor in Adaptive Control, Customer Experience, Decision Management, Marketing, Predictive Analytics |