The Startling Truth About Traveling With the Top 1%

by Colin Shaw on July 21, 2016

There’s been a lot of press recently about the decline in the American Middle Class and the rapid increase in the incomes and net worth of people at the very top of the socioeconomic scale. Increasingly, these high income people have lifestyles that don’t involve mingling with everyone else. They segregate themselves in posh gated communities, send their kids to private schools and camps, and join elite social clubs.

These trends have led travel companies to rethink the experiences they offer to customers, especially the ones with lots of money to spend. They are starting to realize that the ultra wealthy who segregate themselves at home also want a separate, ultra-luxury experience on the road.

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Colin ShawThe Startling Truth About Traveling With the Top 1%

Posh Pools and Easy A’s: Students as Customers in Higher Education

by Mark Marone on July 20, 2016

In a recent New York Times article, writer Frank Bruni laments the erosion of higher education as a result of the growing adoption of a consumer model positioning students as customers and colleges as mere providers of goods and services. This trend toward the development and marketing of upscale amenities such as resort-style pools and water parks, state-of-the-art fitness centers, and restaurant-style dining halls at the expense of investment in areas critical to academics is said to be transforming colleges and universities into “country clubs with libraries.” Indeed, students are now calling the shots and their demands are eliciting unprecedented reactions by many schools.

To be fair, higher education is only following the herd. The move toward putting the end user’s wants and needs at the center of an organizational strategy (optimizing the customer experience) is being adopted everywhere, beyond the hospitality and retail settings where it was first envisioned to every area of business, including B2B, healthcare and even the federal government.

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Mark MaronePosh Pools and Easy A’s: Students as Customers in Higher Education

An Amazing Experience: Personalize your CX Today!

by Colin Shaw on July 19, 2016

Many of you will have seen this video of a little girl whose parents surprised her with a new doll?

 

The doll is special because it has a prosthetic leg – just like its recipient. It’s hard not to get choked up as you watch her burst into tears as she hugs her new friend for the first time.

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Colin ShawAn Amazing Experience: Personalize your CX Today!

Truth Bared about the Realities of Customer Experience Implementation!

by Colin Shaw on July 14, 2016

What do a Bank, an Airline, and an Online Retailer Have in Common?

Consorsbank, Lufthansa, and Zalando—three very different companies—have both undertaken a Customer Experience improvement program. Consorsbank is a bank; Lufthansa is an airline; Zalando is an online clothing retailer. Whilst they each have their unique challenges, their insight on Customer Experience shows us the common obstacles that all of us face when tackling such an important facet of our business.

Econsultancy heard from the people working on the Customer Experience improvement efforts. In a recent article on their blog, representatives from each company shared excellent tips based on each of their involvement so far:

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Colin ShawTruth Bared about the Realities of Customer Experience Implementation!

Connecting Satisfaction With Behavior: Does The Service-Profit Chain (or The Employee Engagement-Profit Chain) Still Work?

by Michael Lowenstein on July 13, 2016

Michael Lowenstein, Ph.D., CMC Thought Leadership Principal, Beyond Philosophy

The Service-Profit Chain, an enterprise performance and financial results concept introduced by Gary Loveman, James Heskett, W. Earl Sasser, and Leonard Schlesinger in 1994 in Harvard Business Review, and in a 1997 book by the last three authors, can essentially be explained as follows: It is a theory of business management which links employee satisfaction to customer loyalty and profitability. For the past two decades, it has been the analytical foundation used by many organizations to assess the health of their company.

There is an ongoing, fundamental flaw with the Service-Profit Chain, not surfaced with much attention when the concept was first introduced, or given any examination frequency since that time. Its foundation of employee satisfaction is built on shifting sand. Namely, the connection between satisfaction and behavior, whether by customers or employees, has been challenged and largely refuted in study upon study.

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Michael LowensteinConnecting Satisfaction With Behavior: Does The Service-Profit Chain (or The Employee Engagement-Profit Chain) Still Work?

Stop Now! Six Mistakes Being Made With Your Digital Experience

by Colin Shaw on July 12, 2016

In case you missed it, the world has gone online! If you haven’t gone online with your Customer Experience, too, it’s time. To be honest, if you haven’t begun, you’re late. The digital transformation of your present Customer Experience is long overdue.

Consider this graph of which devices customers use at home:

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Colin ShawStop Now! Six Mistakes Being Made With Your Digital Experience