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Second Guessing

German: as in English a Puck, Russian: schajba...

I hope you watched the USA/Canada hockey game last night. If you love the intensity of international sport played at the highest levels, it was the proverbial “must-see TV.” In my mind the only way the game could have been elevated to another level would have been had it been the medal round. But the preliminary round is where statements are made.

As someone who has watched a lot of hockey I can tell you that this was Stanley Cup playoff intensity and skill and it only is going to get better. Which is why I can’t understand why there is so much second guessing going on this morning and that provides some thoughts that are about both sport and business. Continue reading

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Filed under Helpful Hints, Reality checks

Lent

One of the great food cities on the planet is New Orleans and the single biggest event identified with the city is Mardi Gras. Since it’s Foodie Friday I’m not going to focus on most kinds of debauchery occurring in New Orleans around that time nor specifically on the food  but, rather, on what comes later. That would be Lent. Continue reading

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Want to save $243?

A new study talks about the impact of crappy customer service.  Unlike any of the rants on that topic in this space, it quantifies the effect based on research.  Not that I have to worry about letting facts get in the way of my story, but I thought I’d share it with you.

Here are the headlines:

Consumers feel the most significant root causes of poor service are:

  • Repeating themselves
  • Being trapped in automated self-service
  • Forced to wait too long for service
  • Representatives don’t know my history and value
  • Cannot switch between communication channels easily

33% cite voice self-service  as the most challenging channel compared to only 1% who find it most satisfying. And 38% of consumers said it is critical to improve voice self-service to make it more intelligently integrated with human assisted service. Where they were trapped in an automated system, consumers spent, on average, more than 9.5 minutes trying to reach a human.

It goes on to say that the average value (in one year) of each customer relationship lost to a competitor or abandoned is $243.

You can read the summary here but you already knew all this since you’re a loyal reader.  Right?

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Filed under Helpful Hints