Tuesday, December 31, 2013

Ken Jennings: Watson, Jeopardy and me, the obsolete know-it-all


Trivia whiz Ken Jennings has made a career as a keeper of facts; he holds the longest winning streak in history on the U.S. game show Jeopardy. But in 2011, he played a challenge match against supercomputer Watson -- and lost. With humor and humility, Jennings tells us how it felt to have a computer literally beat him at his own game, and also makes the case for good old-fashioned human knowledge.

Tuesday, December 17, 2013

Our customers are empowered and we can’t control that

Consumers are absolutely empowered through technology now. That means our customers are as well. It has happened and it is a fact. We can’t control that. Sorry to point that out but that is our starting reality. 

Our customers are empowered. They know it. Do we?

They know they have influence. Do we know they have influence?

Our customers know they have voice that is powerful. They know they have more power than ever before. Do we know that they do and do we act like it?

If you a member of the C-Suite or executive team, did you receive a report today alerting you to what your customers or clients said about you on Facebook, your call center, Twitter, YouTube, Tumblr, Blogs, Pinterest, etc. (the list is ever evolving). Do you receive it every day? Do you get weekly, monthly, quarterly and annual summaries? Have you engaged with any of them personally yourself? If not, it is a reasonable question why isn’t that important to you?

Even if we aren’t seeing it, other customers (or potential customers) are seeing what is going on. They are forming an opinion of us based on those comments. We can’t control what is being said. We can control how we will react in real time about it. We can control changing the experience in the future.

Say a customer has a bad experience on your web site and they tweet about it. Do we think others have had the same experience and haven’t said anything? You bet they have. Do we think others will find the same thing and either say something or not in the future? Yes they will find it and yes they will say something or not. There is no hiding. If there is one horrible review out there, they will find it and not the 100 positive things others have said about us.

Companies are beginning to listen to what is being said on social media and respond to it if they can. It does require a commitment of resources but it is not going away. More and more customers (or potential customers) are going to share the good, the bad and the ugly about their experience with us.
Have you started to shift resources into engaging on social platforms? How does that compare to your investment in your call center? Is your call center and social media center integrated in the approach you want your customers to have? We have to manage our online reputation.

What are our customers going to align with if we don’t first define the experience up front? What do we want them to be a part of? Now is the time to invest more in the experience rather than improve how the sales transaction occurs. Our future as executives is in creating programs that scream out in splendor. It is about experiences that kindle meaningful and sincere interactions at every turn. At the center of our evolution (or is it a revolution) is the experience. The experience is everything now.
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Saturday, December 7, 2013

Are your customer experiences intentional?

What does the future of your business look like? Is it focused on your mission AND design?

The premise of this manifesto is all about being intentional about the experiences your customers are having. 

How many products and services do you have? How many channels (Web, Social, Mobile, Call Center, Direct Mail, etc.) are you focused on? Do they all have a unified design and experience?

Mission + Design = Intentional experiences

We are clear about our mission. Are we clear about our design?

If not, we aren’t ready to be the digital executive of the future. If we aren’t ready to be a digital executive, we aren’t ready for the future. If we aren’t ready for the future, will we have a relevant job 5 to 10 years from now? Tough questions I know but worth considering.

So here are a couple more of intriguing questions:

- How do we ensure that our customers are having an amazing experience?
- Why make customers cope with the ordinary?
- Why aren’t customers more engaged with both your mission and revenue opportunities?

Our focus and day to day work should be about creating “customer experiences” in this new age of consumerism. What is going on in the rest of the world isn’t lost on your customers. They are judging you based on those experiences. We can bury our head in the sand. That will only get us left behind. Your credibility as an executive is at stake.

Consumers expect more from businesses more than ever before. So our products and services have a level of expectation that our business may not be aware of. How does the experience your customers are having compare to USAA for example? Do you know?

Here is the harsh reality. Customers not only expect better experiences, they believe they are absolutely entitled to them. Will we be intentional in delivering on those expectations? Are we ready to get left behind with stagnant growth if we don’t deliver those customer experiences? We may not be ready for that but it may already be happening. I encourage you to think about it. It is a good question to ponder.

There is a unique opportunity to create amazing and positive experiences at our stores, on the web, at your call center (if you have one), on smart phones and in our direct mail pieces. Are all of those unified? Is the experience amazing?

That amazing or ordinary (or perhaps even bad) experience will be how your business is measured in terms of satisfaction or even our revenue success. Do you know how your customers feel about the experience they are having with your company? If not, why not? Are you being intentional about that experience they just had at your store? Is it consistent with the experience they want on your web site?

As an executive, you have an amazing opportunity to lead the charge regardless of your role. If you do, you will be a hero.
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