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CX… stuck in the mud? Claire Sporton, SVP, CX Innovation, Confirmit [email protected] @clairesporton Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

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Page 1: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

CX… stuck in the mud?

Claire Sporton, SVP, CX Innovation, Confirmit

[email protected]

@clairesporton

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

Page 2: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

CX… stuck in the mud?

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

Page 3: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 3.Source: CX quality can affect stock performance Dylan Czarnecki and Rick Parrish - Period Oct 3 2016 – Oct 2 2017

17%

S&P 500

The CX Promise

CX

Laggards

3%

32%

CX

Leaders

Forrester 2018 - Stock Price Growth Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

Page 4: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 4.Source: State of the Nation – Time to Get Real, Claire Sporton Confirmit, Steven Hurst, Engage 2017

Defining success

30

55

80

3 4 5 6 7 8 9

Demonstrable ROI (0-10)

Incr

eas

e I

nve

stm

en

t (%

)

Media & Advertising

Hardware / Software

Business ServicesPublic Services

Consultancy Services

Consumer Retail

Manufacturing & Construction

Travel & Transport

Financial Services

Utilities

Automotive

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 5

Empower people to improve their world

Delivering on the CX promise

Page 6: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. |

Decision Maker Meeting Notes

Survey results

Behaviors - e.g. Usage

Social media

Voice transcripts

End User Chat Sessions

Formalcomplaints

Revenue Trends

Operationalmetrics

6

Delivering on the CX promise

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 7

When it goes right…

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 8

When it goes wrong…

Page 9: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 9

When it goes wrong…

Page 10: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 10

When it goes wrong…

Page 11: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 11Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 11

• Often Stuck in the mud – picture wheel stuck

When it goes really really wrong…

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 12

When it goes right…

Page 13: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

Page 14: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 14

Richer Insights

Understanding yourunique landscape

Page 15: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 15

Product/Service

Relationships

Product & Service▪ Value proposition▪ Customer journey▪ Internal silos

Relationships▪ Number of client contacts▪ Geographical spread▪ Channels / Routes to market

Richer Insights

15

Page 16: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 16

Differentiation

Volume Scale

Silos

Product/Service

Richer Insights

Relationships

Page 17: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 17

Differentiation

Volume Scale

Silos

Product/Service

Richer Insights

Relationships

Differentiation▪ Delivering to personalized expectations ▪ Driving consistency ▪ Ensuring profitability▪ Potentially fewer but higher value clients

Volume▪ Managing “many to many” relationships▪ Enabling relationship owners▪ Consistency across the relationship▪ Internal trust with control

Silos▪ Simplifying/shortening buying cycle▪ Consistency across the journey▪ Managing outsourced functions▪ Bringing together data from across the

business / legacy systems

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Delivering on the CX Promise

Page 19: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

yourCLIENTS

What matters to…

Smarter Decisions

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

yourCLIENTS

yourBUSINESS

What matters to…

Smarter Decisions

Procurement

End Users

Decision Maker

Page 22: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

What matters to…

Smarter Decisions• New customers

• Process

improvement

• Customer centricity

COST

REVENUE

CULTURE

• Share of Wallet

• Reduce churn

• Compliance/

Consistency

• Cross functional change

Page 23: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

What matters to…

Smarter Decisions

I need you to be easier to do business with

I want timeliness for my orders

• New customers

• Process

improvement

• Customer centricity

COST

REVENUE

CULTURE

• Share of Wallet

• Reduce churn

• Compliance/

Consistency

• Cross functional change

Page 24: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

Delivering on the CX Promise

Empower people to improve their world

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 25Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 25Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 26Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 27

Faster Actions

The right action, right person at the right time

Accelerate action and change

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. |

enable decision making at the front line

intend to in next 3 years

2017 Risk in review. Managing risk from the front line

Faster Actions

16%

63%

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Page 29: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. |

Organizations as “machines”

The five trademarks ofagile organizations, Jan 2018

Faster Actions

Top-downhierarchy

Bureaucracy

Silos

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Page 30: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. |

Faster Actions

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Focus on action

Cross functionalaccountability

Leadership drives directionand enables action

Organizations as “organisms”

The five trademarks ofagile organizations, Jan 2018

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. |

Freedom within a framework

Faster Actions

31

Organizations as “organisms”

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. |

Freedom within a framework

Faster Actions

32

Organizations as “organisms”

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. |

Freedom within a framework

Faster Actions

33

Organizations as “organisms”

Page 34: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. |

Freedom within a framework

Faster Actions

34

Organizations as “organisms”

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. |

Freedom within a framework

- Line of sight- Self correction- Peer support

Faster Actions

35

Organizations as “organisms”

Page 36: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

When it goes right…

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

Page 37: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

CX… Stuck in the Mud?

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

Page 38: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

CX… Delivering on the promise

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

Page 39: CX… stuck in the mud? - engagecustomer.com€¦ · • Often Stuck in the mud –picture wheel stuck When it goes really really wrong

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

CX… Delivering on the promise

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.

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Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential. | 40

Claire Sporton, SVP, CX Innovation

[email protected]

@clairesporton

Thank you

Copyright © 2018 Confirmit. All Rights Reserved. Confirmit Confidential.