Remove Banking Remove Customer centricity Remove Personalization
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You Can’t Legislate Customer Centricity

Beyond Philosophy

One interesting bit of his speech touched on an important issue for Customer Centricity: data breaches. If they have the need to legislate, then lags in notifying Customers must have happened so many times they feel the need to put it in law! This is a law for the “non-Customer centric” organizations.

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What Customer-Centric Companies Must Do To Become Customer-Obsessed

Beyond Philosophy

In building relationships with customers, and value for them, my long-time observation is that most organizations tend to progress through several stages of performance as they are becoming truly customer-centric: a) customer awareness, b) customer sensitivity, c) customer focus, and d) customer obsession.

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Digital Transformation in Retail Banks: Potential Impact on Brand Equity, Customers, and Employees

Beyond Philosophy

It is having most impact, and will likely continue to do so, in traditional industries such as retail banking. Digital innovation in banking can be seen in the transformative way people transact and organize their finances. Needs a bank’s product to support their activities (home purchasing, auto loans, etc.). Let’s begin there.

Banking 225
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UK Scores Fall Whilst U.S. Rise – What’s The Problem?

Beyond Philosophy

Ten-thousand respondents ranked brands’ Customer Experience based on six categories. They include: Personalization. The fact that QVC understands this and incorporates the concept throughout their organization makes it a natural leader in Customer Experience. Secondly, the UK are not as customer-centric as U.S

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Customer Centricity Masterclass with Doug Leather

Peter Lavers

Customer Centricity is the eco-system and operating model that enables an organisation to design and deliver a unique and distinctive customer experience”. Doug asserts that “building sustainable competitive advantage requires you to review your business models to ensure that the customer is central to its design”.

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Key Learning from 15 Years of Net Promoter Stats

Beyond Philosophy

He is the Head of Data Science (self-described as Chief Statistics Wonk) for Satmetrix , a company devoted to combining their software, data, and Customer Experience (CX) expertise to help organizations achieve Customer-Centricity. Who doesn’t feel cognitively depleted from time to time? And the proof is in the NPS data.

Banking 383
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5 Rules That Absolutely Build Customer Loyalty

Beyond Philosophy

Unless you are a terrible person or you have horrible friends and family, my guess is you would say no. However, customer loyalty necessitates thinking long term. Wells Fargo is a big retail bank in the U.S. Do you take their customers for granted? Customer-centric organizations do not. It’s emotional.

Airlines 432