1
Questions or thought bubbles???
2
Our agenda 3
Agenda
 Walk a mile in your customer’s shoes
 How do you score on Customer Index
 Business case for customer excellence
 Employee engagement matters
 Strategic alignment counts
Why is customer centricity so important 4
Social Media
Expectations
Disruption
Commoditization
Customer and employee loyalty 5
“If you only do what your competition is
doing … you’ll never win the race”
~Jack Welch
“An engaged and agile workforce beats
a great strategy every time!”
Sam Walton
A true story
 Start up company with two owners
 Started a small boutique coffee shop in one location
 Brought initial team of twelve people together
 Developed customer centric vision and values
 Aligned entire organization to customer vision
 Experienced huge US and international growth
6
Think about your best customer experience
1. What did the person do?
2. How did you feel?
3. On a scale from 1 – 5 (5 being high) how likely are you to
purchase again
Think about your worse customer experience
1. What did the person do?
2. How did you feel?
3. On a scale from 1 – 5 (5 being high) how likely are you to
purchase again
7
The facts are in … 8
• Only 1 out of 26 unhappy customers complain…
The true enemy is indifference
• 91% of unhappy customers who are non-
complainers simply leave
• It is 6-7 times more expensive for companies to
attract new customers than to keep existing
customers
• Happy customers refer others, re-buy, buy new
products and forgive more!
The opportunity 9
of companies claim to be customer focused…
…yet only 10% of customers agree
Source: Forrester Research 2012
Why a customer
centric culture
matters
10
Customer
centric or
company
centric
11
Customer
centric
companies
outperform
others
12
How do you see your business?
13
Factors Descriptions Your Rating (1-10)
Customer Insight The extent to which employees monitor, understand, and act on current customer needs and
satisfaction
Customer Foresight The extent to which employees monitor, understand, and act on potential customer needs
and opportunities
Competitor Insight The extent to which employees monitor, understand, and respond to current competitor
strengths and weaknesses
Competitor Foresight The extent to which employees monitor, understand, and respond to new market entrants
and potential competitors
Peripheral Vision The extent to which employees monitor understand and respond to trends in the larger
environment (Political, Economic, Social, and Technical)
Empowerment The extent to which employees are able to make decisions that are best for the customer
without explicit approval of senior leaders
Cross-Functional
Collaboration
The extent to which employees interact, share information, work with, and assist colleagues
from other work groups
Strategic Alignment The extent to which employees understand, and enact the vision, mission, objectives and
strategic direction of the company
Your score
14Score Risks Scenarios Consequences
0 - 30 “The Nokia Effect”
Open to risk of rapid collapse of
customer base and business
performance – Guard against
pre-occupation with “self”.
Fast changing competitive
environment requiring agility and
“proadaptive” customer culture
“Monopoly” facing industry/market
deregulation
Corporate financial collapse
leading to low performance
leading to merger or closure
Loss of customers, high
employee turnover and low
$$$
31- 50 “The Uber Effect”
High risk of business disruption
and loss of customer base –
Guard against the legacy effect –
we have always done it this way
Legacy company or industry with
disenfranchised and unhappy
customers
High customer churn
High employee turnover
Major loss of customers and
market share resulting in
substantial reductions in
profitability and growth.
51 – 70 “The Naked Wine Effect”
Moderate risk of loss of business
from market shifts – Guard
against complacency
Established market leader companies
that are losing niche customers that
have specialized needs
Slow erosion of current
business and loss of future
market opportunities
resulting in stagnant business
performance
71-80 “The Amazon Effect”
Low business risk due to a strong
culture of customer driven
innovation – Guard against
arrogance.
Proactive market strategies based on
continual reinforcement of customer-
centric culture.
Low employee turnover and high
customer loyalty
Sustainable competitive
advantage, growth and
profitability
Customer centricity vision
"I would define Amazon by
our big ideas, which are
customer centricity, putting
the customer at the center of
everything we do.”
Jeff Bezos,
Founder and CEO, Amazon
1
5
Clif Bars customer centricity behaviors 16
https://youtu.be/r3S0wu4Zbfk
The evidence 17
We reviewed more than 100 research
studies across 10,000 companies
over the past 25 years. These
studies prove that a strong customer
culture drives business performance
Positive correlation between
customer culture and over 35
performance measures, including ROI,
growth, customer retention, market share
and sales
The 8 disciplines of a customer culture
THE MARKET RESPONSIVENESS INDEX
18
These are the 8 behaviors
that drive customer
experience, customer
acquisition, employee
engagement and
revenue growth
Links to business performance outcomes 19
Example of low
and high
performing
companies
20
Do you have customer rock stars on your team?
21
Do your customers have a seat at the table?
22
Five ways align your company to the customer 23
Create a “living” customer centric vision (use to make decisions)
Align the entire organization to the Voice of the Customer
Hire, motivate and retain the best customer advocates
Hold people accountable and reward the right behaviors
Measure and track customer loyaly and employee engagement
Roadmap to customer success 24
Discover Engage Ignite Stick Fortify
Alignment
from the
boardroom to
the frontline
25
Your
customer
culture
impacts
everything
26
Executive Next
Practices Institute
(ENP Forums) at the
COVE
Connecting Middle to Large Market Enterprise
Leaders with insights, opportunities and
connections to emerging businesses at UCI
Applied Innovation
Jan 19 Converting
Economic Forecast to
Strategic Execution
Pattie Grimm, Senior
Customer Experience
Advisor
Pattiegrimm@live.co
m (425) 289 6619 or
888.857.9722
29

How to Jumpstart Your Business Success by Creating a Customer First Culture | Pattie Grimm | Lunch & Learn

  • 1.
  • 2.
  • 3.
    Our agenda 3 Agenda Walk a mile in your customer’s shoes  How do you score on Customer Index  Business case for customer excellence  Employee engagement matters  Strategic alignment counts
  • 4.
    Why is customercentricity so important 4 Social Media Expectations Disruption Commoditization
  • 5.
    Customer and employeeloyalty 5 “If you only do what your competition is doing … you’ll never win the race” ~Jack Welch “An engaged and agile workforce beats a great strategy every time!” Sam Walton
  • 6.
    A true story Start up company with two owners  Started a small boutique coffee shop in one location  Brought initial team of twelve people together  Developed customer centric vision and values  Aligned entire organization to customer vision  Experienced huge US and international growth 6
  • 7.
    Think about yourbest customer experience 1. What did the person do? 2. How did you feel? 3. On a scale from 1 – 5 (5 being high) how likely are you to purchase again Think about your worse customer experience 1. What did the person do? 2. How did you feel? 3. On a scale from 1 – 5 (5 being high) how likely are you to purchase again 7
  • 8.
    The facts arein … 8 • Only 1 out of 26 unhappy customers complain… The true enemy is indifference • 91% of unhappy customers who are non- complainers simply leave • It is 6-7 times more expensive for companies to attract new customers than to keep existing customers • Happy customers refer others, re-buy, buy new products and forgive more!
  • 9.
    The opportunity 9 ofcompanies claim to be customer focused… …yet only 10% of customers agree Source: Forrester Research 2012
  • 10.
    Why a customer centricculture matters 10
  • 11.
  • 12.
  • 13.
    How do yousee your business? 13 Factors Descriptions Your Rating (1-10) Customer Insight The extent to which employees monitor, understand, and act on current customer needs and satisfaction Customer Foresight The extent to which employees monitor, understand, and act on potential customer needs and opportunities Competitor Insight The extent to which employees monitor, understand, and respond to current competitor strengths and weaknesses Competitor Foresight The extent to which employees monitor, understand, and respond to new market entrants and potential competitors Peripheral Vision The extent to which employees monitor understand and respond to trends in the larger environment (Political, Economic, Social, and Technical) Empowerment The extent to which employees are able to make decisions that are best for the customer without explicit approval of senior leaders Cross-Functional Collaboration The extent to which employees interact, share information, work with, and assist colleagues from other work groups Strategic Alignment The extent to which employees understand, and enact the vision, mission, objectives and strategic direction of the company
  • 14.
    Your score 14Score RisksScenarios Consequences 0 - 30 “The Nokia Effect” Open to risk of rapid collapse of customer base and business performance – Guard against pre-occupation with “self”. Fast changing competitive environment requiring agility and “proadaptive” customer culture “Monopoly” facing industry/market deregulation Corporate financial collapse leading to low performance leading to merger or closure Loss of customers, high employee turnover and low $$$ 31- 50 “The Uber Effect” High risk of business disruption and loss of customer base – Guard against the legacy effect – we have always done it this way Legacy company or industry with disenfranchised and unhappy customers High customer churn High employee turnover Major loss of customers and market share resulting in substantial reductions in profitability and growth. 51 – 70 “The Naked Wine Effect” Moderate risk of loss of business from market shifts – Guard against complacency Established market leader companies that are losing niche customers that have specialized needs Slow erosion of current business and loss of future market opportunities resulting in stagnant business performance 71-80 “The Amazon Effect” Low business risk due to a strong culture of customer driven innovation – Guard against arrogance. Proactive market strategies based on continual reinforcement of customer- centric culture. Low employee turnover and high customer loyalty Sustainable competitive advantage, growth and profitability
  • 15.
    Customer centricity vision "Iwould define Amazon by our big ideas, which are customer centricity, putting the customer at the center of everything we do.” Jeff Bezos, Founder and CEO, Amazon 1 5
  • 16.
    Clif Bars customercentricity behaviors 16 https://youtu.be/r3S0wu4Zbfk
  • 17.
    The evidence 17 Wereviewed more than 100 research studies across 10,000 companies over the past 25 years. These studies prove that a strong customer culture drives business performance Positive correlation between customer culture and over 35 performance measures, including ROI, growth, customer retention, market share and sales
  • 18.
    The 8 disciplinesof a customer culture THE MARKET RESPONSIVENESS INDEX 18 These are the 8 behaviors that drive customer experience, customer acquisition, employee engagement and revenue growth
  • 19.
    Links to businessperformance outcomes 19
  • 20.
    Example of low andhigh performing companies 20
  • 21.
    Do you havecustomer rock stars on your team? 21
  • 22.
    Do your customershave a seat at the table? 22
  • 23.
    Five ways alignyour company to the customer 23 Create a “living” customer centric vision (use to make decisions) Align the entire organization to the Voice of the Customer Hire, motivate and retain the best customer advocates Hold people accountable and reward the right behaviors Measure and track customer loyaly and employee engagement
  • 24.
    Roadmap to customersuccess 24 Discover Engage Ignite Stick Fortify
  • 25.
  • 26.
  • 27.
    Executive Next Practices Institute (ENPForums) at the COVE Connecting Middle to Large Market Enterprise Leaders with insights, opportunities and connections to emerging businesses at UCI Applied Innovation
  • 28.
    Jan 19 Converting EconomicForecast to Strategic Execution
  • 29.
    Pattie Grimm, Senior CustomerExperience Advisor Pattiegrimm@live.co m (425) 289 6619 or 888.857.9722 29