Employee Engagement and the Meaning of Loyalty
December 2012

Greetings!

 

It's hard to believe that 2012 is already coming to an end. I hope that it has been a great year for you and your family and that you have a wonderful holiday season!

 

As we do at this time every year, we're researching CX results from 2012 and plans for 2013. So I invite you to complete our survey (and receive a free copy of the report):

  

If you follow our research, then you know that employee engagement is one of Temkin Group's four customer experience core competencies. In this month's journal we highlight a new research report called The Five I's of Employee Engagement that includes 25 best practices and more than 60 specific examples.

 

The update from Customer Experience Matters includes a discussion of two posts: What is Loyalty? And is it Dead? and Companies Don't Earn The Loyalty Their CX Deserves.

 

As you plan for next year, I encourage you to sign-up for a Temkin Group Research Subscription and enroll in our two-day workshop in Miami in February. See the details below.

 

Also, don't forget to submit your nominations for Temkin Group's 2012 CX Excellence Awards by December 14th. We want to recognize some of the great customer experience work that people are doing.

The Five I's of Employee Engagement

 

Employee engagement is critical! And our new report The Five I's of Employee Engagement provides a host of best practices to follow.

 

Our research shows that engaged employees are 3.5 times more likely than disengaged employees to do something good for the company that is unexpected of them, 3.5 times more likely to make a recommendation about an improvement, and 5.8 times more committed to helping their organization succeed. Also, 75% of employees in companies with superior customer experience are highly or moderately engaged, compared with only 30% of employees at companies with sub-par customer experience. 

 

Despite the compelling returns that come with employee engagement levels, we found that only 35% of large firms received strong ratings in the employee engagement assessment.

 

Here are the 25 best practices we identified across five key areas: Inform, Inspire, Instruct, Involve, and Incent.

 

The report highlights more than 60 specific company practices including Symantec's Customer First News, an online customer experience update "broadcast" for employees: Sprint's "day in the life of the frontline" experience bringing senior leaders together with call center and retail employees in their locations; Disney Store's e-learning modules that develop both retail and entertainment skills in cast members; Fidelity Investments' Voice of the Customer Ambassador program; and BKD's Hi5 peer recognition campaign.

CX Workshop in Miami South Beach in February
 
We had such a great response to last month's workshop that we're holding it again. Sign-up now for CX Reality: Learn, Experience, Transform on February 5th and 6th in South Beach (Miami). This is a highly interactive workshop that will cover these topics:
  • Building customer-centricity. Learn key principles of CX. 
  • Small group experiential exercise. Small groups will be given goals to achieve at nearby retail locations.
  • Reinforcing great experiences. Interactive discussions on how to build and sustain great CX.
  • Networking with peers. Meet and share with other CX pros.
This workshop costs $1,695. Sign up now before it fills up.
Customer Experience Matters Blog

Here are recent posts from CX Matters blog:
 
If you think that loyalty is the blind devotion of customers to purchase your goods and services, then it's not only dead, it's crazy. So what is loyalty? That's the key question. I'd like to throw out this simple definition for loyalty: 
 
The willingness to consider, trust, and forgive. 
 
The post shows a wide gap of loyalty across companies in 19 industries. Loyalty is not dead, but it's also not permanent. Companies need to focus on how to keep customers loyal and not fall into the trap of relying on that loyalty.
 

We found that some companies seem to have higher loyalty levels than they seem to deserve based on their customer experience while others have lower loyalty levels. The companies with loyalty levels the most above the projections are USAA, Highmark, Medicaid, credit unions, and TriCare. The companies that fall the most below the projections are T-Mobile, BMW, Bosch, AT&T, and Alamo. The blog post discusses possible reasons for the differences.

 

Here are some other recent posts:

Temkin Group Research Plans and Update 

In December, watch out for two reports: What Happens After A Good or Bad Experience? and The State of CX Metrics, 2012There's also lot of research underway that will show up early next year including a B2B best practices report and 2013 CX plans based on the survey I mentioned earlier. We are also kicking off our research for the 2013 Temkin Ratings.
  
Again, let us know if you're interested in a research subscription. Here's our current list of research.
 
If you're looking to accelerate your customer experience efforts, here are a number of ways that Temkin Group can help:
  • Assessments of customer experience efforts, to identify gaps and opportunities to accelerate your transformation efforts
  • Speeches and webinars on a wide range of customer experience and leadership topics
  • Interactive workshops for executive teams or other groups to gain alignment around key customer experience principles and priorities or to develop plans in areas such as voice of the customer programs
  • Educational curricula to establish and reinforce an understanding of proven customer experience principles across an organization
  • Strategy reviews of marketing and product plans for vendors who want to help companies transform their customer experience
Temkin Group Research Subscription for 2013

As you think through your 2013 plans, why not sign-up for access to our research and advisory services? The insights will help you implement best practices, benchmark your performance, identify mistakes to avoid and provide you with guidance along the way.
 
Our corporate subscriptions include the following: 
  • Unlimited access to all Temkin Group research for all of your employees for 12 months (for internal use only)
  • Up to 10 inquiries (questions that Temkin group can answer in a short email or during a phone conversation of up to 20 minutes)
  • One advisory call (phone discussion up to 90 minutes)
  • Optional: access to Temkin Ratings data
Please send us an email if you are interested in pricing or in receiving more details about our research subscriptions.
CX Excellence Award

 
Temkin Group is accepting nominations for its 2012 Customer Experience Excellence (CE2) Award. This award recognizes organizations for their efforts in becoming more customer-centric.

 

Across all industries and sectors, some organizations are improving customer experience in a sustainable manner. The CE2 Awards are meant to highlight those transformational efforts. Since customer experience is a journey, not a program, nominees are not required to have fully completed their journey to be eligible for this award.

 

Nominations are due by December 14, 2012.

CXPA Update 

 

Are you a member of the Customer Experience Professionals Association (CXPA.org) yet? If not, then you're really missing out on offerings like these:

The CXPA is a non-profit organization that's dedicated to the success of customer experience professionals. Join us!

Drop me a line at bruce@temkingroup.com, visit our website at

www.temkingroup.com, or give us a call at (617) 916-2075.

Sincerely, 

 

Bruce Temkin
Customer Experience Transformist
& Managing Partner
Temkin Group

Chair, Customer Experience Professionals Association

Customer Experience Professionals Association

Follow me on Twitter  

In This Issue
> Five I's of Employee Engagement
> CX Workshop in February
> CX Matters Blog
> Temkin Group Update
> Research Subscriptions
> CX Excellence Award
> CXPA Update
Temkin Group
We are a research and consulting firm that combines thought leadership with a deep understanding of the dynamics of large organizations to help senior executives accelerate their customer experience transformational efforts
CX Execs Starter Kit

 

Check out Temkin Group's great package for CX executives that combines research, eBooks, and an educational presentation for execs and their key stakeholders 

CX Tidbits

> 30-year-olds are the "sweet spot" for online computer purchases while 40-year-olds are the "sweet spot" for TVs

 

> Consumers are happier with the TVs and computers that they purchase in stores than the ones they buy online

 

> 86% of happy people try their hardest at work compared with 67% of others

 

> 68% of consumers that say they are very likely to recommend actually recommend

 

> 54% of HR professionals think that HR is helping their companies become customer-centric, compared with only 20% of CX professionals  

 

> 47% of people satisfied with health plans will follow the plan's medical advice compared with 7% of dissatisfied people 

 

> Two-thirds of consumers find it helpful to discuss options with insurance agents

 

> Consumers that have a very good service recovery experience are more than 10x as likely to increase spending than if they have a neutral or bad experience

Quick Links

Temkin Group 

 

 CX Matters Blog

 

Temkin Ratings

 

Temkin Ratings UK 

 

CX Professionals Association 

10 Common CX Mistakes

 

From eBook: 10 CX Mistakes To Avoid
 
1) Faking Executive Commitment 
2) Over-Relying on Customer Surveys 
3) Neglecting Experience Design 
4) Treating All Customers the Same 
5) Un-Engaging New Customers 
6) Ignoring Employees 
7) Obsessing About Detractors 
8) Forgetting to Celebrate Success 
9) Falling in Love with a Metric 
10) Mapping Internal Touchpoints
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