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Mining & Optimising Research Effectiveness (MORE)




For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
You told us….“I want MORE”

      The challenges the modern research function face
      • Your business is looking for more than clues, it expects answers pushing for less
         inference and more precision
      • The priority on you is providing answers to solve todays challenges over insight which
         directs tomorrows thinking
      • Internal stakeholders, who are infrequent users of customer research, believe they
         should look to your research for solutions they can rationally equate to fulfilling short
         term objectives and utilising existing operational capabilities
      • The question often posed to you after the debrief is “What does that mean for my
         business”? But with other projects demanding your time, the bandwidth is rarely there
         to deep dive for answers.
      • And finally despite your research agency will often attempt to answer the above for
         you. But without a broad enough awareness of the business strategy or the customer
         strategy to reference, it’s often perceived as inadequate. Meaning you then have to
         restore credibility in the work they presented and them as an agency amongst your
         peers – when you’ve enough already to contend with.

For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
I You alsoMORE | I expect MORE
                              want told us…..“I expect MORE”

      Q. Where is the focus for the modern research function?

      A. Some of you have said you are spending the majority of your time commissioning
      and debriefing new research to answer immediate and often disparate business
      problems. Whilst others claim time is mainly allocated to collating, reporting and
      commentating on non-financial customer and brand KPIs.

      Q. What’s not being covered that should be?

      A. We have been told you are not satisfied with the amount of time being spent
      analysing the intelligence sources you have amassed. Also, not having the opportunity
      to turn the findings into business friendly insight is frustrating. Because you believe this
      could help direct and define strategic business decision making rather than just
      answers the challenge in hand.

For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
And we know you believe your….“Existing research is
              I want MORE | Ibusiness tool ”
                 an underutilised expect MORE
                                                          Reforecasting is constant. We need to
                                                           mine our existing research to see if
         We have plenty of customer                        the answers are there first. But time
          intelligence, but it’s held in                  doesn’t always allow us . So will often
         too many different places &                            commission new research                         The research agency fulfilled
                    formats                                                                                     the brief but weren’t able to
                                                                                                                help us understand how we
                                                                                                                  could apply the learning

                                                        Senior research executives,
                                                          managers and directors
       We are not able to spend
    enough time delving into root                                                                               The commercial and risk teams
      cases and consequences in                                                                                   still use research as a blunt
      our CSAT or brand tracking                                                                                ‘yes/no’ tool. We need to help
       studies. There is so much                                                                               them see it as directional rather
     insight there we are missing                              Once the debrief is complete
                                                                                                                       than always decisive
                                                                 we had to move on to the
                                                               next project. But I know there
                                                                is more gold to be found in
                                                                   that piece of research




For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
MORE Insights from Lexden unlocks the potential of
               I want MORE | I expect MORE
        your existing insight to create commercial advantage

   Turning customer research
                                                               Put customer drivers on the                                    Turn CSAT learning into
      findings into service
                                                               agenda across the business                                       business initiatives
    improvement initiatives     Development of customer                                         Identifying commercially
                                  principles and charters                                            advantageous
                                 from customer needs &                                          enhancements to existing
                                   expectations analysis                                         products & programmes




     Provide evidence to
                                                                   Identifying growth                                            Provide evidence to
     support customer’s
                                                               opportunities for existing or   Evidence for users of insight  support ‘Moment of Truth’
   ‘Moment of Truth’ touch           Revise and refine            new customers types             within the business to      touch point improvements
     point improvements          business imperatives and
                                                                                               reappraise it’s strategic role
                                 cascading plans of activity
                                                                                                   in decision making




                                             DELIVERABLE - Create a                                                     DELIVERABLE - White paper
      DELIVERABLE - Customer                                                        DELIVERABLE – alternate
                                              new MORE customer                                                            series applying MORE
      inspired assessment and                                                     ‘future’ business, brand and
                                                insight foundation                   marketing plans using                insight to support/ and
     enhancements to business
                                           repository containing digest                  MORE insights                  challenge existing business,
        and marketing plans
                                             of customer motivations                                                     brand & marketing plans



For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
We take two steps back from Customer Behaviour
                      to arrive at new outcomes




         EMOTIONAL                                                                                             FUNCTIONAL
          DRIVERS                                                                                                DRIVERS
                                  Human                       Individual                   Customer
                                 emotions                       needs                      behaviour

          LEXDEN’s                                                                                              TYPICAL
           START                      Unchartered            Potential opportunity           Well worn path      START
           POINT                                                                                                 POINT




For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
We let you decide how much you value MORE

      How it works for you….
      1. We meet and agree what you want to get from the commission
      2. We discuss ‘current state’ of insight, business plans and value of customer within
          business. We share ‘operating model and project approach’
      3. Confident/curious from our discussions you request a proposal
      4. We propose specific approach (stages 1,2 and 3 or fewer) for your requirements
      5. You decide the value of that piece of work and the acceptable timeframe
      6. We agree.
      7. We set up full scoping session, project framework and kick-off session
      8. We complete work (on-site if preferred) with frequent ‘drop in’ consultations to
          incorporate changing business requirements mid-flow
      9. You have the tools to demonstrate back to the business value of MORE insights
      10. You can revalue our contribution before we submit final invoice


For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
Structured approach to ensure governance and
                 accountability for pre-defined deliverables




For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
What others say about Lexden’s approach
         “Christopher and Ajai brought our research to life with such flair and imagination that the business just
         had to sit up and take notice. It paved the way for the level of engagement that we now have with the
         commercial and marketing teams."
                                                                            — Tom Kerr, Head of Insight, Tesco Bank

         “I worked alongside Ajai and Christopher on an extensive Zmet study for a leading client. They were able
         to extract specific commercial initiatives from the vast quantity of insight from the interviews and
         effectively express those initiatives in terms that the client business could comprehend in the most
         effective way, whilst always remaining true to the customer insight. This ability is something I have only
         seen rarely through my career and is something which is sorely needed by clients. They were also great
         fun to work with.”
                                                                         — Tony Wornell, Director, BDRC Continental

         “I have worked with Ajai and Christopher on two different occasions now. Their approach to all the work
         they do is always fresh and starts by understanding what it is that really motivates customers. Many
         people talk about ‘understanding customers’ without really doing it in the depth required. The guys get
         into the detail and have excellent insight into what makes consumers tick. They always provide the
         highest quality work and output that is grounded in the commercial realities of the business-they
         understand that work needs to be implemented. However this does not stop them being very creative
         and I like the fact that they approach most things in a slightly different way to the norm. I’ve always
         enjoyed working with them and am very happy to recommend Lexden.”
                                                          — Colin Robertson, Director Customer P & L, MORE TH>N

For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
Lexden | Customer Marketing Strategists
                                      Lexden's unordinary thinking outcomes
                                      rely on a belief that starting with the
                                      customer is the most reliable
                                      constant. Employing best practice and
                                      new techniques which interrogate the
                                      marketing equation from a variety of
                                      perspectives allows us to find ways to
                                      enter the consumer's consciousness
                                      and create deep rooted positive
                                      connections.       Leveraging       key
                                      commercial and business drivers
                                      propels us towards new and exciting
                                      solutions which motivate customers.
 Christopher Brooks, Director                                                                                                  Ajai Ranawat, Director
 "Advanced enthusiasm for applied strategic marketing”                                           "No-one spans the corners of marketing as effortlessly"


For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 |
Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com

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More | Insight Optimisation from Lexden

  • 1. Mining & Optimising Research Effectiveness (MORE) For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
  • 2. You told us….“I want MORE” The challenges the modern research function face • Your business is looking for more than clues, it expects answers pushing for less inference and more precision • The priority on you is providing answers to solve todays challenges over insight which directs tomorrows thinking • Internal stakeholders, who are infrequent users of customer research, believe they should look to your research for solutions they can rationally equate to fulfilling short term objectives and utilising existing operational capabilities • The question often posed to you after the debrief is “What does that mean for my business”? But with other projects demanding your time, the bandwidth is rarely there to deep dive for answers. • And finally despite your research agency will often attempt to answer the above for you. But without a broad enough awareness of the business strategy or the customer strategy to reference, it’s often perceived as inadequate. Meaning you then have to restore credibility in the work they presented and them as an agency amongst your peers – when you’ve enough already to contend with. For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
  • 3. I You alsoMORE | I expect MORE want told us…..“I expect MORE” Q. Where is the focus for the modern research function? A. Some of you have said you are spending the majority of your time commissioning and debriefing new research to answer immediate and often disparate business problems. Whilst others claim time is mainly allocated to collating, reporting and commentating on non-financial customer and brand KPIs. Q. What’s not being covered that should be? A. We have been told you are not satisfied with the amount of time being spent analysing the intelligence sources you have amassed. Also, not having the opportunity to turn the findings into business friendly insight is frustrating. Because you believe this could help direct and define strategic business decision making rather than just answers the challenge in hand. For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
  • 4. And we know you believe your….“Existing research is I want MORE | Ibusiness tool ” an underutilised expect MORE Reforecasting is constant. We need to mine our existing research to see if We have plenty of customer the answers are there first. But time intelligence, but it’s held in doesn’t always allow us . So will often too many different places & commission new research The research agency fulfilled formats the brief but weren’t able to help us understand how we could apply the learning Senior research executives, managers and directors We are not able to spend enough time delving into root The commercial and risk teams cases and consequences in still use research as a blunt our CSAT or brand tracking ‘yes/no’ tool. We need to help studies. There is so much them see it as directional rather insight there we are missing Once the debrief is complete than always decisive we had to move on to the next project. But I know there is more gold to be found in that piece of research For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
  • 5. MORE Insights from Lexden unlocks the potential of I want MORE | I expect MORE your existing insight to create commercial advantage Turning customer research Put customer drivers on the Turn CSAT learning into findings into service agenda across the business business initiatives improvement initiatives Development of customer Identifying commercially principles and charters advantageous from customer needs & enhancements to existing expectations analysis products & programmes Provide evidence to Identifying growth Provide evidence to support customer’s opportunities for existing or Evidence for users of insight support ‘Moment of Truth’ ‘Moment of Truth’ touch Revise and refine new customers types within the business to touch point improvements point improvements business imperatives and reappraise it’s strategic role cascading plans of activity in decision making DELIVERABLE - Create a DELIVERABLE - White paper DELIVERABLE - Customer DELIVERABLE – alternate new MORE customer series applying MORE inspired assessment and ‘future’ business, brand and insight foundation marketing plans using insight to support/ and enhancements to business repository containing digest MORE insights challenge existing business, and marketing plans of customer motivations brand & marketing plans For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
  • 6. We take two steps back from Customer Behaviour to arrive at new outcomes EMOTIONAL FUNCTIONAL DRIVERS DRIVERS Human Individual Customer emotions needs behaviour LEXDEN’s TYPICAL START Unchartered Potential opportunity Well worn path START POINT POINT For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
  • 7. We let you decide how much you value MORE How it works for you…. 1. We meet and agree what you want to get from the commission 2. We discuss ‘current state’ of insight, business plans and value of customer within business. We share ‘operating model and project approach’ 3. Confident/curious from our discussions you request a proposal 4. We propose specific approach (stages 1,2 and 3 or fewer) for your requirements 5. You decide the value of that piece of work and the acceptable timeframe 6. We agree. 7. We set up full scoping session, project framework and kick-off session 8. We complete work (on-site if preferred) with frequent ‘drop in’ consultations to incorporate changing business requirements mid-flow 9. You have the tools to demonstrate back to the business value of MORE insights 10. You can revalue our contribution before we submit final invoice For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
  • 8. Structured approach to ensure governance and accountability for pre-defined deliverables For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
  • 9. What others say about Lexden’s approach “Christopher and Ajai brought our research to life with such flair and imagination that the business just had to sit up and take notice. It paved the way for the level of engagement that we now have with the commercial and marketing teams." — Tom Kerr, Head of Insight, Tesco Bank “I worked alongside Ajai and Christopher on an extensive Zmet study for a leading client. They were able to extract specific commercial initiatives from the vast quantity of insight from the interviews and effectively express those initiatives in terms that the client business could comprehend in the most effective way, whilst always remaining true to the customer insight. This ability is something I have only seen rarely through my career and is something which is sorely needed by clients. They were also great fun to work with.” — Tony Wornell, Director, BDRC Continental “I have worked with Ajai and Christopher on two different occasions now. Their approach to all the work they do is always fresh and starts by understanding what it is that really motivates customers. Many people talk about ‘understanding customers’ without really doing it in the depth required. The guys get into the detail and have excellent insight into what makes consumers tick. They always provide the highest quality work and output that is grounded in the commercial realities of the business-they understand that work needs to be implemented. However this does not stop them being very creative and I like the fact that they approach most things in a slightly different way to the norm. I’ve always enjoyed working with them and am very happy to recommend Lexden.” — Colin Robertson, Director Customer P & L, MORE TH>N For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com
  • 10. Lexden | Customer Marketing Strategists Lexden's unordinary thinking outcomes rely on a belief that starting with the customer is the most reliable constant. Employing best practice and new techniques which interrogate the marketing equation from a variety of perspectives allows us to find ways to enter the consumer's consciousness and create deep rooted positive connections. Leveraging key commercial and business drivers propels us towards new and exciting solutions which motivate customers. Christopher Brooks, Director Ajai Ranawat, Director "Advanced enthusiasm for applied strategic marketing” "No-one spans the corners of marketing as effortlessly" For more details, contact christopherbrooks@lexdengroup.com | +44 7968 316548 | Lexden | Kingsbourne House | 229-231 High Holborn | London WC1V 7DA | +44 20 7490 9123 | www.lexdengroup.com