Wednesday 31 August 2016

Customers' Experiences Matter

Many businesses make a point of talking up their “Customer Service” to impress potential customers.  What they tend to forget is that they often need the “Service” because they’ve forgotten the importance of “Customer Experience”.

My wife and I recently went to a bank to find out about opening an account there.  One of our friends recommended a particular member of staff to us thought very highly of her.  We went with high expectations, especially as this was for an account in the “Prestige” section (i.e. where one could expect high quality service).

The lady was indeed friendly and helpful, and was able to answer most of our questions until it came to my question: “How long would it take to send Sterling Pounds from the UK to my account with you?” 

I used to be a banker and worked in two of the world’s leading banks for over 20 years.  One of my specialities was international payments, so I understand how the international payment system works and how long it should take funds to reach an account.

The lady gave an answer which really didn’t sound right.  When I asked if she was sure, she said that she would check up and revert, so we left after giving her our contact details.

Two weeks later: nothing heard.  I followed up.  Finally, I received an email advising that that bank’s Sterling Pound account was with X bank and we could check with them (no point of contact given)...

Not a good start.  This person didn't know the answer to a basic question, had been unable (or not bothered) to find it after two weeks, and then passed the problem back.

Luckily, I had a contact in the higher echelons of the same bank and called him.  His PA answered.  Within 20 minutes, she called back with the information I needed.  This lady didn’t need to get involved, but she did.

The difference: someone prepared to take personal responsibility to look after a customer versus someone who wasn’t.  This was our first experience of “Prestige” service at that bank, and it wasn’t good.  It would have needed a “Customer Service Rep” after the first bad experience.

A good customer experience of a product or service needs to do three things:

1.     Meet the customer’s needs;
2.     Be easy to use
3.     Be enjoyable

In our case, we needed to know how long it would take funds to reach our account; not met.  The service wasn’t easy to use: the problem was passed back to us to solve.  Finally, the experience wasn’t enjoyable - we had to chase an answer for two weeks.

This is (sadly) why “Customer Service” teams are needed to smooth things out after customers clash with “policy”, “rules” or plain apathy.  Customers interact with businesses on many levels: face-to-face, telephone, email, internet and post.  Those businesses that take the time to “map” these interactions and understand what their customers’ “journeys are about” are the ones that will provide an experience way superior to their competition.

Customers who are happy with their experience tend to buy more, recommend more and forgive more than unhappy ones…



I have spent more than half my life delivering change in different world markets from the most developed to “emerging” economies. With more than 20 years in international financial services around the world  running different operations and lending businesses, I started my own Consultancy to offer solutions for improving performance, productivity and risk management.  I work with individuals, small businesses, charities, quoted companies and academic institutions across the world. An international speaker, trainer, author and fund-raiser, I can be contacted by email . My website provides a full picture of my portfolio of services.  For strategic questions that you should be asking yourself, follow me at @wkm610.

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Thursday 11 August 2016

Are You Sitting Comfortably?

There comes a time in many small businesses where people just get used to each other, rely on certain people too much or even don't want to take certain actions or change because it’s “too much trouble”.  This is a sign that the business is in trouble.

There’s no harm with having a business where everyone works well together.  The difference, though, is whether they’re working together for the right reasons or because they don't want to address the proverbial “elephant in the room” and are just putting up with the situation until something better comes along.

The elephant may be a “key employee” who knows that he or she is “key” (they may think this means “indispensable”) and takes advantage of it to the detriment of others.  Result: morale and productivity drop and people may decide it’s better to leave than stick around in a toxic environment where the boss isn't prepared to look after everyone as opposed to a “select few”.  If you’re the owner of a business and you see this happening, particularly in one team or department, ask yourself if the problem is the team/department head whom you consider “indispensable”.

Another problem may be in “the way we do things”, manifesting itself in a reluctance to look at or adopt new ways of doing them.  If the competition is doing it, the business may find itself at a competitive disadvantage in future.  Change is never comfortable or easy, but if we don't change, we can get left behind.  Again, if you find the competition drawing ahead whilst you stick to your proverbial guns, does something need to change?

There’s no harm in being in that “happy zone” for a while.  Businesses tend to grow, “plateau” as they consolidate and absorb that growth and then grow again.  However, plateauing for too long means danger. The first question to ask is “Have we been too comfortable for too long?”  Getting out of the “comfort zone” is scary and needs effort.  You may make mistakes or even fail along the way.  However, the risks of doing nothing are even greater.


I have spent more than half my life delivering change in different world markets from the most developed to “emerging” economies. With more than 20 years in international financial services around the world  running different operations and lending businesses, I started my own Consultancy to offer solutions for improving performance, productivity and risk management.  I work with individuals, small businesses, charities, quoted companies and academic institutions across the world. An international speaker, trainer, author and fund-raiser, I can be contacted by email . My website provides a full picture of my portfolio of services.  For strategic questions that you should be asking yourself, follow me at @wkm610.

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