Student Assessment Guide
BSBMKG507
Interpret Market Trends and Developments
Intellectual Property Statement
VET Fair (ABN 44 983 956 589) is a provider of educational products and services for the vocational education and training (VET) sector.
By purchasing the ‘BSBMKG507 Interpret Market Trends and Developments’ assessment resources (“Product”), you are entitled to use it for educational purposes only, but the intellectual property remains with VET Fair. This Product includes the following components:
· Assessor Guide
· Student Assessment Guide
· Student Assessment Workbook
· any other material to support the implementation of the Product (e.g. policy and procedures, templates, etc.).
VET Fair owns all copyright to the Product as subject to the provisions of the Copyright Act 1968.
This purchase grants you a non-exclusive, perpetual, non-sublicensable, and non-shareable right to use and contextualise this Product. You have the right to distribute unlimited copies of this Product to your students or internal staff, limited to only for educational purposes; however, you must not:
1. reproduce this Product or produce other assessment resources based on this Product
1. share this Product with any other external person or entity other than your students and internal staff through physical or electronic including online access
1. use this Product for any other purposes than education (e.g. assessing student competency, conducting validation and moderation activities, etc.)
1. resell this Product to any party of individual
1. use this Product without affixing the following statement in each copy of a modified, adapted, customised or contextualised version of this Product that is distributed electronically or in a physical format to your target learner audience:
“The assessment activities and information in this guide are derived from the BSBMKG507 Interpret Market Trends and Developments assessment resources provided by VET Fair. VET Fair owns all copyright to this information and the intellectual property of this resource remains with VET Fair.”
Breaches of this copyright will result in VET Fair claiming for loss of sales.
Table of Contents
Assessment Information 1
Assessment Event 1 – Knowledge Questions 3
Question 1 3
Question 2 4
Question 3 4
Question 4 4
Question 5 4
Assessment Event 2: A & A Coffee Simulation 6
Task 1: Interpret Trends and Market Developments 6
1.1 Use statistical analysis of market data to interpret market trends and developments 6
1.2 Analyse market trends and developments for their potential impact on the business 6
1.3 Use quantitative data analysis to interpret comparative market data 7
1.4 Perform data analysis to review business performance 7
1.5 Analyse competitors to identify potential opportunities and threats 7
Task 2: Analyse Qualitative Results 8
2.1 Analyse performance data from all areas of the business 8
2.2 Identify over-performing and under-performing products 9
2.3 Forecast market needs using qualita.
eSavvy webinar: Top 5+1 Tips of How to Maximize the ROI of a CRM InvestmenteSavvy
Do you want to know how to maximize the return of investment in a CRM system? Are you interested to find out how to truly use a CRM system to its full potential and how you can benefit from doing so? Then watch our next webinar, during which our Managing Director David Goad will share with you top tips on how to maximize the ROI of a CRM investment. David has been involved in more than 200 Business Application Implementations and was one of the contributing authors of the proven project management methodology recommended by Microsoft – Dynamics Sure Step. He will use his vast experience and project management knowledge to provide you with valuable insights about how to select your new CRM, how to prepare for CRM deployment projects and what to do during and after the project to maximize the results from your investment.
Instant Insights displays complex programmatic data in real-time. Measure campaign performance, do day-to-day monitoring, 1st level of troubleshoot deals and identify opportunities with fresh, up to the minute data. Its powerful insights will help you stay up to date on and ensure the optimization of your monetization campaigns.
RubricRubric for Assignment 5a- MetricsMaxYour PointsCommentsTop.docxtoddr4
RubricRubric for Assignment 5a- MetricsMaxYour
PointsCommentsTop 3Top 2 for each category 1 and why selected20Top 2 for each category 2 and why selected20Top 2 for each category 3 and why selected20Target Values for 6 Metrics years 1-320Clear Units5Top 6 Metrics Steps to Achieve10Grammar - Organization - Spelling5Late Total 100095Consider that you are starting a PMO in your company using the previously developed PMO Charter. Starting on Page 86 in Gerard Hill’s book, list the top 2 metrics that would apply best to your company in each of the three categories: Process Management and Improvement Metrics, Project Performance Metrics, and Business Management Metrics and why you are selecting them. You should tie the selection of metrics to the needs analysis you completed in Unit 4 for your company. (PRJ-60)Submit a Word Doc and Table with the two metrics under each of the three categories. (Total of 6 metrics should be on the table.)In the same Word Doc, list the top 6 metrics above for your company PMO that you wrote your charter on, explain why you selected the six based on your needs analysis completed in Unit 4 and denote their target values for year 1, year 2 and year 3. Display the units clearly for you metrics. For each metric of the top 6 use at least 75 words per metric that would describe any specific steps you would need take to in your company to achieve your targets for each metric.
MetricsProcess Management and Improvement MetricsProcess Management Methodology ProcessesTechnical ProcessesBusiness ProcessesResource Management ProcessesPMO Support ProcessesProject Performance MetricsBudgetScheduleResource ManagementRisk ManagementQuality AssuranceBusiness Management MetricsContract and Agreement MetricsCustomer Satisfaction MetricsProject Portfolio Management MetricsFinancial Metrics
STAT200 Introduction to Statistics
Assignment #1: Statistics Data Analysis Plan
Assignment #1: Prepare Descriptive Statistics Data Analysis Plan
Before conducting any statistical analyses, researchers develop a plan for how they will analyze their data to answer their research questions. The purpose of this assignment is to provide experience developing and executing a descriptive statistics analysis plan using real world data to answer a practical question.
Note: This first assignment develops and executes a preliminary plan using a subset of the data to create tables and graphs to address the assigned task. The second assignment will involve carrying out the plan in greater detail, after receiving in class feedback from your instructor.
Assignment Steps:
Step #1: Understanding the task to be addressed:
You are interviewing for a new job as a Financial Advisor and have been asked to perform the following task:
Using the provided real world data determine the budgetary expenditures for groceries (food) your client should anticipate, assuming your client has the following social/economical family profile.
In Assignment 2 you will have leeway in .
Business Information SystemsGroup Assignment - IThis Assig.docxhumphrieskalyn
Business Information Systems
Group Assignment - I
This Assignment will be marked out of 20 and is worth 20% of your Final Grade
· Groups will be self-selected teams of 3-4 students. You are encouraged to form or join a group as soon as possible.
· Due date and time: One member of the group must submit a copy of the report in Blackboard, by the due date – that is, by midnight on the day of the first class after Reading Week (that is, the day of the mid-term test)
Topic: A Case Study: Information Systems in [Organization X]
Select an organization (business, not-for-profit, institution, etc.) and interview a senior executive (e.g. the Owner, CEO, CIO or other senior officer) about his or her company’s use of Information Systems.
Your goal is to write a case study of how they use information systems to better manage their enterprise to achieve their strategic or tactical objective.
You will need to select an organization and executive willing to be interviewed then do some research on his or her company. Then you will develop a list of questions for your interview. Then do the interview. Based on what you learn, you may want to do some additional research and analysis before writing your case study paper.
When you meet, you will want to learn something about their business. How do they use information systems in general? What has been their recent focus? What problems are they trying to solve and how have they gone about solving them? Are they happy with the results? What have they learned? What are their plans for the future?
Your case study should start with a summary of what the business is all about. It should then deal with how it uses information systems and it should end with your group’s observations and analysis. What are YOUR conclusions? Do you have any recommendations?
Your Group’s Paper:
Submit your written report (i.e. MS Word .doc file), in Blackboard, before the due date. The report should be double-spaced and use the following format:
· Cover page – (list the names of ALL group members)
· Executive Summary - an overview / summary of your report
· Introduction – What does the reader need to know before reading the report?
· Overview of Company
· Business / Industry Context
· Company’s Objectives
· Company’s information Systems (what problem are they trying to solve?)
· Observations (the executive’s and your team’s)
· Your thoughts … and analysis.
· Your conclusions and / or recommendations
· Works Cited - this is an academic assignment … remember to properly cite and credit your sources. If you’re not sure how to do this, see me or talk with someone in the library.
Not counting the cover page, the written report should be at least 15 and no more than 30 pages – and should include ALL of the above sections.
The apparent level of effort, thoroughness and completeness when doing the case analysis will be a major component in the evaluation of your submission.
PLEASE NOTE THAT ALL GROUP MEMBERS ARE RESPONSIBLE FO ...
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This webinar is focused on selection criteria for choosing partners and vendors, enacting a detailed task analysis, and developing measurable objectives.
Got leads? Know how they came in? Know where they are in your nurture process? Know how to score them?
If you answered yes, then bravo! But, it’s most likely that you aren’t quite clear on these answers and lead processes. We find, more times than not, that when it comes to lead management marketers face more questions than answers.
So, how do you get clarity on your process and determine where you can improve?
Top Tips include:
- Why lead management stumps marketers and is one of the most complex processes every business faces
- Tricks to uncovering your process based on lessons learned from Digital Pi Client projects
- How an assessment works and why, even if you did answer yes to the above, it’s always a good idea to direct, learn, and improve
Student Assessment Guide
BSBMKG507
Interpret Market Trends and Developments
Intellectual Property Statement
VET Fair (ABN 44 983 956 589) is a provider of educational products and services for the vocational education and training (VET) sector.
By purchasing the ‘BSBMKG507 Interpret Market Trends and Developments’ assessment resources (“Product”), you are entitled to use it for educational purposes only, but the intellectual property remains with VET Fair. This Product includes the following components:
· Assessor Guide
· Student Assessment Guide
· Student Assessment Workbook
· any other material to support the implementation of the Product (e.g. policy and procedures, templates, etc.).
VET Fair owns all copyright to the Product as subject to the provisions of the Copyright Act 1968.
This purchase grants you a non-exclusive, perpetual, non-sublicensable, and non-shareable right to use and contextualise this Product. You have the right to distribute unlimited copies of this Product to your students or internal staff, limited to only for educational purposes; however, you must not:
1. reproduce this Product or produce other assessment resources based on this Product
1. share this Product with any other external person or entity other than your students and internal staff through physical or electronic including online access
1. use this Product for any other purposes than education (e.g. assessing student competency, conducting validation and moderation activities, etc.)
1. resell this Product to any party of individual
1. use this Product without affixing the following statement in each copy of a modified, adapted, customised or contextualised version of this Product that is distributed electronically or in a physical format to your target learner audience:
“The assessment activities and information in this guide are derived from the BSBMKG507 Interpret Market Trends and Developments assessment resources provided by VET Fair. VET Fair owns all copyright to this information and the intellectual property of this resource remains with VET Fair.”
Breaches of this copyright will result in VET Fair claiming for loss of sales.
Table of Contents
Assessment Information 1
Assessment Event 1 – Knowledge Questions 3
Question 1 3
Question 2 4
Question 3 4
Question 4 4
Question 5 4
Assessment Event 2: A & A Coffee Simulation 6
Task 1: Interpret Trends and Market Developments 6
1.1 Use statistical analysis of market data to interpret market trends and developments 6
1.2 Analyse market trends and developments for their potential impact on the business 6
1.3 Use quantitative data analysis to interpret comparative market data 7
1.4 Perform data analysis to review business performance 7
1.5 Analyse competitors to identify potential opportunities and threats 7
Task 2: Analyse Qualitative Results 8
2.1 Analyse performance data from all areas of the business 8
2.2 Identify over-performing and under-performing products 9
2.3 Forecast market needs using qualita.
eSavvy webinar: Top 5+1 Tips of How to Maximize the ROI of a CRM InvestmenteSavvy
Do you want to know how to maximize the return of investment in a CRM system? Are you interested to find out how to truly use a CRM system to its full potential and how you can benefit from doing so? Then watch our next webinar, during which our Managing Director David Goad will share with you top tips on how to maximize the ROI of a CRM investment. David has been involved in more than 200 Business Application Implementations and was one of the contributing authors of the proven project management methodology recommended by Microsoft – Dynamics Sure Step. He will use his vast experience and project management knowledge to provide you with valuable insights about how to select your new CRM, how to prepare for CRM deployment projects and what to do during and after the project to maximize the results from your investment.
Instant Insights displays complex programmatic data in real-time. Measure campaign performance, do day-to-day monitoring, 1st level of troubleshoot deals and identify opportunities with fresh, up to the minute data. Its powerful insights will help you stay up to date on and ensure the optimization of your monetization campaigns.
RubricRubric for Assignment 5a- MetricsMaxYour PointsCommentsTop.docxtoddr4
RubricRubric for Assignment 5a- MetricsMaxYour
PointsCommentsTop 3Top 2 for each category 1 and why selected20Top 2 for each category 2 and why selected20Top 2 for each category 3 and why selected20Target Values for 6 Metrics years 1-320Clear Units5Top 6 Metrics Steps to Achieve10Grammar - Organization - Spelling5Late Total 100095Consider that you are starting a PMO in your company using the previously developed PMO Charter. Starting on Page 86 in Gerard Hill’s book, list the top 2 metrics that would apply best to your company in each of the three categories: Process Management and Improvement Metrics, Project Performance Metrics, and Business Management Metrics and why you are selecting them. You should tie the selection of metrics to the needs analysis you completed in Unit 4 for your company. (PRJ-60)Submit a Word Doc and Table with the two metrics under each of the three categories. (Total of 6 metrics should be on the table.)In the same Word Doc, list the top 6 metrics above for your company PMO that you wrote your charter on, explain why you selected the six based on your needs analysis completed in Unit 4 and denote their target values for year 1, year 2 and year 3. Display the units clearly for you metrics. For each metric of the top 6 use at least 75 words per metric that would describe any specific steps you would need take to in your company to achieve your targets for each metric.
MetricsProcess Management and Improvement MetricsProcess Management Methodology ProcessesTechnical ProcessesBusiness ProcessesResource Management ProcessesPMO Support ProcessesProject Performance MetricsBudgetScheduleResource ManagementRisk ManagementQuality AssuranceBusiness Management MetricsContract and Agreement MetricsCustomer Satisfaction MetricsProject Portfolio Management MetricsFinancial Metrics
STAT200 Introduction to Statistics
Assignment #1: Statistics Data Analysis Plan
Assignment #1: Prepare Descriptive Statistics Data Analysis Plan
Before conducting any statistical analyses, researchers develop a plan for how they will analyze their data to answer their research questions. The purpose of this assignment is to provide experience developing and executing a descriptive statistics analysis plan using real world data to answer a practical question.
Note: This first assignment develops and executes a preliminary plan using a subset of the data to create tables and graphs to address the assigned task. The second assignment will involve carrying out the plan in greater detail, after receiving in class feedback from your instructor.
Assignment Steps:
Step #1: Understanding the task to be addressed:
You are interviewing for a new job as a Financial Advisor and have been asked to perform the following task:
Using the provided real world data determine the budgetary expenditures for groceries (food) your client should anticipate, assuming your client has the following social/economical family profile.
In Assignment 2 you will have leeway in .
Business Information SystemsGroup Assignment - IThis Assig.docxhumphrieskalyn
Business Information Systems
Group Assignment - I
This Assignment will be marked out of 20 and is worth 20% of your Final Grade
· Groups will be self-selected teams of 3-4 students. You are encouraged to form or join a group as soon as possible.
· Due date and time: One member of the group must submit a copy of the report in Blackboard, by the due date – that is, by midnight on the day of the first class after Reading Week (that is, the day of the mid-term test)
Topic: A Case Study: Information Systems in [Organization X]
Select an organization (business, not-for-profit, institution, etc.) and interview a senior executive (e.g. the Owner, CEO, CIO or other senior officer) about his or her company’s use of Information Systems.
Your goal is to write a case study of how they use information systems to better manage their enterprise to achieve their strategic or tactical objective.
You will need to select an organization and executive willing to be interviewed then do some research on his or her company. Then you will develop a list of questions for your interview. Then do the interview. Based on what you learn, you may want to do some additional research and analysis before writing your case study paper.
When you meet, you will want to learn something about their business. How do they use information systems in general? What has been their recent focus? What problems are they trying to solve and how have they gone about solving them? Are they happy with the results? What have they learned? What are their plans for the future?
Your case study should start with a summary of what the business is all about. It should then deal with how it uses information systems and it should end with your group’s observations and analysis. What are YOUR conclusions? Do you have any recommendations?
Your Group’s Paper:
Submit your written report (i.e. MS Word .doc file), in Blackboard, before the due date. The report should be double-spaced and use the following format:
· Cover page – (list the names of ALL group members)
· Executive Summary - an overview / summary of your report
· Introduction – What does the reader need to know before reading the report?
· Overview of Company
· Business / Industry Context
· Company’s Objectives
· Company’s information Systems (what problem are they trying to solve?)
· Observations (the executive’s and your team’s)
· Your thoughts … and analysis.
· Your conclusions and / or recommendations
· Works Cited - this is an academic assignment … remember to properly cite and credit your sources. If you’re not sure how to do this, see me or talk with someone in the library.
Not counting the cover page, the written report should be at least 15 and no more than 30 pages – and should include ALL of the above sections.
The apparent level of effort, thoroughness and completeness when doing the case analysis will be a major component in the evaluation of your submission.
PLEASE NOTE THAT ALL GROUP MEMBERS ARE RESPONSIBLE FO ...
Do you know the real story your data is telling you?4Ps Marketing
Do you know the real story your data is telling you, or are you still stuck reading a fairytale? Insights Consultant Emma Haslam spoke about the subject at Brighton SEO 2014.
Pre_Scribed Series Chapter 2: Find Partners & Devise a Game PlanPre_Scribed
This webinar is focused on selection criteria for choosing partners and vendors, enacting a detailed task analysis, and developing measurable objectives.
Pre_Scribed Series Chapter 2: Find Partners & Devise a Game PlanChristine Mortensen
This webinar is focused on selection criteria for choosing partners and vendors, enacting a detailed task analysis, and developing measurable objectives.
Got leads? Know how they came in? Know where they are in your nurture process? Know how to score them?
If you answered yes, then bravo! But, it’s most likely that you aren’t quite clear on these answers and lead processes. We find, more times than not, that when it comes to lead management marketers face more questions than answers.
So, how do you get clarity on your process and determine where you can improve?
Top Tips include:
- Why lead management stumps marketers and is one of the most complex processes every business faces
- Tricks to uncovering your process based on lessons learned from Digital Pi Client projects
- How an assessment works and why, even if you did answer yes to the above, it’s always a good idea to direct, learn, and improve
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3. Why BI for OGX Product Development?
Set the right expectations with
your EPs
Co-delivery with your main
country partners
Enhance your EPs experience
4. Did you
know?!
Charles Schwab turned its fortunes around by placing clients squarely in the
center of everything they do (NPS from -35 to 50, developing their product)
5. Get the DATA
about the
customer
experience
Transform this
data into ACTION
CUSTOMER
LOYALTY through
Product
Development
6. Using CustomerGauge for OGX Product Development
“CustomerGauge gives you all the data you need to develop your
product, you just need to know how to find it”
The most relevant data that you can utilize for smarter
product development strategies are:
Self Selected
Issues
Comments
Have a full
Understand the
understanding of
main
the issues
detractors/promot
ers issues of your
key entity partners
% of Promoters
NPS Score
Response Rate
Set goals and
track your CY
partners
promoters
Set goals and
track your CY
partners
promoters
Have a
representative
sample
8. Use the main promoters and detractors
issues to align expectations with your EPs
Track the top issues with you entities
partners
9. Self Selected Issues
#3
Step
1) Date Range: Select
the last quarter that
you want analyze
(quarterly do the PD is
recommended)
2) Filter by: Survey
date
Advanced Options:
#1
Step
3) Loyalty: Detractors and For MC
Promoters
6) Home Entity: your
4) Programme code:
country
Select the programme
7) Host Entity: Your CY
that you want
partners
5) Status: completed
#2
Step
For LC
6) Home LC: your LC
7) Host LC: Your LC
partners
10. Self Selected Issues
#4
Step
#5
Step
1) For each level 1 issue, you look to the level 2
issues of those level 1 issues
Select the top 3 detractors and top 3 promoters
issues for level 1 looking to the % (ALL)
2) Than you have the information that you need
and what you need to focus to set
expectations with your EPs
12. Use the comments to have a better understanding
about the top self selected issues
Understanding better the issues, the expectations
setting with your EPs will be better too
13. Comments
#1
Step
1) Use the self selected issue analyses made in the
previous slide
2) Click on comments of the top 3 issues of level 1 and
level 2 and you will get better information about each
issue
15. Set goals with your entity partners about
the % of promoters
Track the goals monthly
16. % of Promoters
#1
Step
#3
Step
1) Date Range: Select the last quarter that you want analyze (quarterly
do the PD is recommended)
2) Filter by: Survey date
Advanced Options:
3) Programme code: Select the programme that you want
4) Status: completed
For MC
For LC
6) Home Entity: your country
6) Home LC: your LC
7) Host Entity: CY partners
7) Host LC: Lc partners
#2
Step
17. % of Promoters
#4
Step
#5
Step
Use this data to:
1) Set goals with your CY/LC partners
2) Track your goals
Calculate the % of promoters of the quarter:
% of Promoters = Number of promoters/Number of responses
Use the last row of the table
19. Set goals with your entity partners about
the NPS
Track the goals monthly
20. NPS Score
#3
Step
#1
Step
1) Date Range: Select the last quarter that For MC
you want analyze (quarterly do the PD is
6) Home Entity: Your Country
recommended)
2) Filter by: Survey date
7) Host Entity: CY partners
Advanced Options:
For LC
3) Programme code: Select the programme 6) Home LC: Your LC
that you want
7) Host LC: LC partners
4) Status: completed
#2
Step
21. NPS Score
#4
Step
#5
Step
Use this data to:
1) Set goals with yoiur CY/LC partners
2) Track your goals
See the current number of NPS Socore of the quarter
23. Get the Response Rate to know if you have
enough responses (sample) to be representative
24. Response Rate
#1
Step
#3
Step
1) Date Range: Select the last quarter that you want analyze
2) 2) Filter by: Survey date
Advanced Options:
3) Programme code: Select the programme that you want
4) Status: completed
For MC
For LC
6) Home Entity: your country
6) Home LC: your LC
7) Host Entity: CY partners
7) Host LC: LC partners
#2
Step
25. Response Rate
#4
Step
1) Look at the Responses (second chart – NOT response rate)
of the quarter
2) Identify if you have enough responses and your analyses
could be representative:
3) Calculate the sample size needed:
http://www.raosoft.com/samplesize.html
Margin of error: 5%
Confidence lecel: 95%
Population: Number of matches in the quarter
Than you will know the minimum sample needed!
4) Compare this minimum with the number of responses in the
quarter (sum the 3 months responses)
5) You need to be sure if you have sufficient responses to do
product development
26. Who should do this
MCVPs Operations, ICX, OGX or MCPs
LCPs, LCVPs ICX or OGX
How often
Every Quarter
How to give this information to the LC’s
Give national initiatives to LCs to implement it quarterly
29. Why BI for ICX Product Development?
Understand your customer’s
concerns
Focus the issues of your
Product you need to improve
Improve EPs experience
30. Did you
know?!
Rackspace, with its emphasis on achieving greatness, is growing at more than 30%
per year and has become the leader in its target markets
31. Get the DATA
about the
customer
experience
Transform this
data into ACTION
CUSTOMER
LOYALTY through
Product
Development
32. Using CustomerGauge for ICX Product Development
“CustomerGauge gives you all the data you need to develop your
product, you just need to know how to find it”
The most relevant data that you can utilize for smarter
product development strategies are:
Self Selected
Issues
Comments
Have a full
Set a focus for
understanding of
Product
the issues
Development and
set goals
% of Promoters
NPS Score
Response Rate
Set goals and
track
Set goals and
track
Have a
representative
sample
34. Understand the main customers concerns
and set a focus on what you want to develop
Set your goals and track them
35. Self Selected Issues
#3
Step
1) Date Range: Select
the last quarter that
you want analyze
(quarterly do the
product development
is recommended)
2) Filter by: Survey
date
Advanced Options:
3) Loyalty: Detractors
#1
Step
For MC
4) Programme code:
Select the programme
that you want
6) Home Entity: All
5) Status: Completed
#2
Step
For LC
6) Home LC: All
7) Host Entity: Your country 7) Host LC: Your LC
36. Self Selected Issues
#4
Step
#5
Step
1) For each level 1 issue, you look to the level 2
issues of those level 1 issues
Select the top 3 detractors issues for level 1 looking to
the % (ALL)
2) Than you have the information that you need
and what you need to focus to improve
37. Self Selected Issues
#6
Step
#8
Step
1) Date Range: Select
the last quarter that
you want analyze
2) Filter by: Survey date
Advanced Options:
#7
Step
3) Programme code:
Select the programme that
For MC
you want
5) Home Entity: All
For LC
4) Status: completed
6) Host Entity: Your country 5) Home LC: All
6) Host LC: Your LC
38. Self Selected Issues
#9
Step
See the top level 2 detractors issues and how
much it is contributing to the NPS Score (+/-)
This information helps you to define a focus and
also set your goals for product development
See the top level 1 detractors issues
and how much it is contributing to the
NPS Score
This information helps you to define a
focus and also set your goals for
product development
#10
Step
40. Use the comments to have a better understanding
about the top self selected issues of detractors
Understanding better the issues, it easier to
address the customer needs
41. Comments
#1
Step
1) Use the self selected issue analyses made in the
previous slide
2) Click on comments of the top 3 issues of level 1 and
level 2 and you will get better information about each
issue
43. Set goals for the % of promoters of your
Product Development
Track the goals monthly
44. % of Promoters
#1
Step
#3
Step
1) Date Range: Select the last quarter that you want analyze
2) 2) Filter by: Survey date
Advanced Options:
3) Programme code: Select the programme that you want
4) Status: completed
For MC
For LC
6) Home Entity: All
6) Home LC: All
7) Host Entity: Your country
7) Host LC: Your LC
#2
Step
45. % of Promoters
#4
Step
#5
Step
Use this data to:
1) Set goals for your product
development
Calculate the % of promoters of the quarter:
% of Promoters = Number of promoters/Number of responses
Use the last row of the table
2) Track your goals
47. Set goals for NPS of your Product
Development
Track the goals monthly
48. NPS Score
#3
Step
#1
Step
1) Date Range: Select the last quarter
that you want analyze
2) Filter by: Survey date
Advanced Options:
3) Programme code: Select the
programme that you want
4) Status: completed
For MC
6) Home Entity: All
7) Host Entity: Your country
For LC
6) Home LC: All
7) Host LC: Your LC
#2
Step
49. NPS Score
#4
Step
#5
Step
Use this data to:
Set goals for your product development
Track your goals
See the current number of NPS Socore of the quarter
51. Get the Response Rate to know if you have
enough responses (sample) to be representative
52. Response Rate
#1
Step
#3
Step
1) Date Range: Select the last quarter that you want analyze
2) 2) Filter by: Survey date
Advanced Options:
3) Programme code: Select the programme that you want
4) Status: completed
For MC
For LC
6) Home Entity: All
6) Home LC: All
7) Host Entity: Your country
7) Host LC: Your LC
#2
Step
53. Response Rate
#4
Step
1) Look at the Responses (second chart – NOT response rate)
of the quarter
2) Identify if you have enough responses and your analyses
could be representative:
3) Calculate the sample size needed:
http://www.raosoft.com/samplesize.html
Margin of error: 5%
Confidence lecel: 95%
Population: Number of matches in the quarter
Than you will know the minimum sample needed!
4) Compare this minimum with the number of responses in the
quarter (sum the 3 months responses)
5) You need to be sure if you have sufficient responses to do
product development
54. Who should do this
MCVPs Operations, ICX, OGX or MCPs
LCPs, LCVPs ICX or OGX
How often
Every Quarter
How to give this information to the LC’s
Give national initiatives to LCs to implement it quarterly