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Transforming Metrics into Action

Customer Experience (CX) Leaders At Verizon, Autodesk And Prudential Are Going Beyond NPS

Transforming Metrics Into Action

GUEST POST from Shep Hyken

Is Net Promoter Score (NPS) still relevant? How can you transfer insights and data into meaningful actions? And how do you hire the right people to meet your Keep Performance Indicators (KPIs) and success metrics? Those were the questions I asked a panel of esteemed executives at a LinkedIn Live interview.

The guests were Brian Higgins, chief customer experience officer at Verizon Consumer, Elisabeth Zornes, chief customer officer at Autodesk, and Abhii Parakh, head of customer experience at Prudential. Their answers are important to any leader making decisions that impact the customer experience.

NPS Is A Foundational Metric, But Its Role Is Evolving

NPS is a powerful metric when used properly. It’s a simple question that determines whether a customer likes you enough to recommend you. From that single question, a follow-up question could seek further insight or action can be taken to improve what’s not working and elevate what is working. So, the first question I asked was about using NPS as a primary metric.

  • Parakh led off by saying, “No metric is perfect. Whether it’s NPS or something else, it’s always about a combination of tactics and measurements to get the insights on what our customers and advisors want. … We run the numbers on how much more value is being driven by our promoters or passives versus detractors, and we see a very meaningful connection between the two.” He cited three key benefits: effectively tracking long-term relationships, correlation with growth metrics and providing actionable insights.
  • Higgins said that Verizon uses NPS to benchmark in two important places. He said, “I want to look at how we are benchmarking against the competition and then against ourselves.” He looks at three areas: one, is Verizon growing or churning? The second is measuring interaction, both digital and with their reps. The third is taking a look at the overall health of the business. And in addition to measuring customer satisfaction, Verizon also uses NPS for employee satisfaction. If employees aren’t happy, the customer is going to feel it.
  • Zornes uses the measurement to strike a balance between Autodesk’s long-term relationships and direct engagement. She explained, “NPS is a great, long-lasting customer impression measurement for services, solutions and products, but we are in the age of digital first engagements, so we, of course, also measure specific moments in the digital journey along with customer effort scores.” While NPS is a foundational metric at Autodesk, they also use the Deloitte Trust ID to assess transparency, capability, reliability and care.

Bring Numbers To Life Through Employees

Competition turns companies and their products into commodities. All three companies represented on the panel have competition. Assuming the products and services do what they are supposed to do and meet their customers’ needs, what differentiates them from competitors is experience. Often, that experience is driven by employees. The next question focused on the hiring criteria that align with CX KPIs.

  • Zornes said, “The internal team and culture are really what determines the customer experience for our customers. So it’s absolutely critical we bring the right talent on board and foster it accordingly.”
  • Higgins focuses on three big areas for hiring. First, Verizon wants a wide range of experience and knowledge. Second, they want employees to act as “CX detectives,” meaning they never let small details get by. Listen and pay attention to the customer feedback and recognize the power of the details. Third, and what Higgins says is most important, is empathy. “A little voice in the back of your head says, ‘I don’t know if the customer is right, but that doesn’t matter. You’ve got to believe in them and make it right for them.’”
  • Parakh says, “It’s super important for any customer-facing role. But I would also say that in addition to customer experience roles, I think that a customer-obsessed mindset is important for any business role. It’s not just the CX team. I think customer experience is everybody’s job. So, across the company, we need to be looking for folks who have empathy for the customer, a growth mindset and familiarity with CX, as well as business knowledge.”

Rethinking How Technology And People Support CX

As the CX landscape evolves with new technology, so do the roles of employees. How do these three iconic brands rethink talent development to support the team’s ability to deliver an exceptional experience?

  • Higgins kicked off with a call back to Parakh’s comment about CX being everyone’s job. “If everyone owns CX across the company, it also means they have to get comfortable with the new sets of tools we’re putting in place. I think about AI, gen AI and agentic AI. You have to make sure employees are comfortable with these new tools that are engaging directly with customers.”
  • Parakh emphasized the importance of keeping up and changing with the times. “You can’t survive for 150 years by doing what you’ve always done. We’ve been through multiple stock market crashes and multiple pandemics, and we’ve done that by constantly reinventing, so when it comes to talent, we have to have the same mindset. Everybody in the company, starting from the top leadership, has to understand where things are going because everything is changing so fast.”
  • Zornes believes that the future is now. “AI is not coming. AI is here. And with that, there is a huge opportunity to really convert those transactions that we might have done in the past to a more smooth and self-service experience. … Some of the profiles of what jobs looked like in the past, what they look like now and what they will look like in the future continue to evolve.”

The future of customer experience lies at the intersection of meaningful metrics, empathetic teams and evolving technology. As Higgins, Zornes and Parakh shared in their answers, success comes not from any single measurement tool but from creating integrated systems that consistently detect, analyze and improve the interactions customers have with the brand. And when you add the right people who are able to demonstrate empathy, curiosity and adaptability, you have a winning combination of KPIs, technology and people that gets customers to say, “I’ll be back!”

Image Credit: Pexels

This article was originally published on Forbes.com

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Designing an Innovation Lab: A Step-by-Step Guide

Designing an Innovation Lab: A Step-by-Step Guide

GUEST POST from Art Inteligencia

Innovation has become a driving force for organizations looking to adapt and thrive in an ever-changing business landscape. To foster a culture of creativity and problem-solving, many companies are now investing in innovation labs. These dedicated spaces provide employees with the tools, processes, and environment necessary to drive impactful change. This article aims to present a step-by-step guide on designing an innovation lab, exploring key considerations and showcasing two inspiring case studies.

Step 1: Defining the Purpose and Objectives

Before embarking on the design process, it is crucial to define the purpose and objectives of the innovation lab. Is it primarily focused on developing new products, enhancing customer experience, or addressing internal efficiency challenges? Identifying the intended outcomes will help shape the lab’s design, resources, and methodologies.

Step 2: Creating the Right Environment

A successful innovation lab requires a physical and cultural environment that encourages collaboration, risk-taking, and creativity. This includes considerations such as open floor plans, flexible workspaces, comfortable furniture, and access to cutting-edge technology. Attracting natural light and incorporating natural elements can also enhance productivity and well-being.

Case Study 1: Google X Moonshot Factory

One of the most renowned innovation labs is Google X, the parent company of Google. The Moonshot Factory, as they call it, is responsible for developing radical, moonshot ideas that address global issues. The lab’s unique design features open spaces, colorful furniture, brainstorming walls, and prototypes scattered throughout the area. This innovative approach creates an atmosphere that fosters creativity, experimentation, and a sense of purpose, enabling teams to tackle audacious challenges with confidence.

Step 3: Promote Cross-Pollination and Collaboration

To maximize the potential of an innovation lab, it is essential to encourage cross-pollination of ideas and collaboration among employees from various departments. By integrating diverse perspectives and expertise, organizations can foster a more holistic and inclusive approach to problem-solving. Setting up common areas, organizing regular ideation sessions, and facilitating knowledge-sharing opportunities all contribute to a vibrant collaborative culture.

Case Study 2: Autodesk’s Pier 9 Workshop

Autodesk’s Pier 9 Workshop in San Francisco serves as an innovation lab that brings together artists, designers, and engineers to explore the intersection of technology and creativity. The lab provides users with cutting-edge equipment and a platform to experiment and create innovative projects. By fostering collaboration between diverse disciplines and offering access to advanced tools, Autodesk empowers individuals to push their boundaries and unleash their creative potential.

Step 4: Implement Agile Processes and Iterative Techniques

To drive innovation effectively, organizations should embrace agile processes that allow for rapid experimentation, continuous improvement, and quick iteration cycles. Encouraging teams to adopt proven methodologies like Design Thinking or Lean Startup principles helps create a structure that balances creativity with tangible results. Emphasizing the importance of learning from failure and celebrating successes also fosters a growth mindset within the lab.

Conclusion

Designing and implementing an innovation lab requires a strategic approach with careful consideration of the purpose, environment, collaboration, and iterative processes. By following this step-by-step guide, organizations can establish a dedicated space that cultivates creativity, engagement, and breakthrough innovations. The case studies of Google X Moonshot Factory and Autodesk’s Pier 9 Workshop serve as inspiring examples of successful innovation labs that have revolutionized industries by embracing the power of human imagination and collaboration. The future belongs to those who dare to innovate, and an innovation lab is the gateway to unlocking boundless possibilities.

Bottom line: Futurology is not fortune telling. Futurists use a scientific approach to create their deliverables, but a methodology and tools like those in FutureHacking™ can empower anyone to engage in futurology themselves.

Image credit: Unsplash

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