Intelligent CIO Africa Issue 33 | Page 31

////////////////////////// U nless you are one of the rare companies that don’t need customers (do those even exist?), you should be concerned over the customer experience you offer. We are after all in the ‘experience economy’, where customer experience has overtaken price and product as the most important brand differentiator. How do companies fare in offering a superior customer experience? It depends on who you ask. A total of 88% of companies in one study believed they offer a superior customer experience; only 8% of their customers agreed. Why the disconnect? In our work with African organisations of all sizes and across all industries, we have seen similarities among companies that consistently deliver a great customer experience. These could offer valuable lessons to organisations wishing to win in the modern experience economy. Five things companies with excellent customer experiences have in common 1. Culture: Even though technology plays an ever-greater role in our everyday lives, not all problems can be solved with technology alone. Companies that instil a ‘customer-first’ culture among all employees are better able to deliver a consistent customer experience. A customer first culture offers a more focused, unified and personalised experience to customers, one that exceeds expectations and secures you as their partner of choice for the long term. 2. Longevity: Customer experience success is a long game. It takes sales and sustainability to win in the experience economy. Successful customer experience (CX) strategies take a long- term approach to customer success and attempt to offer value and consistency across the customer journey. It’s no longer enough to have only moments of once-off value to customers. 3. Measurement: Data-driven decision- making has been one of the great advances in modern business, with technology enabling the collection, storage and analysis of vast amounts of organisational data to inform www.intelligentcio.com Cameron Beveridge, Regional Director: Southern Africa at SAP Africa “ DESPITE ORGANISATIONS’ BEST INTENTIONS, SOME CX PROJECTS SIMPLY DON’T DELIVER ON THEIR PROMISE AND FAIL TO DRIVE BUSINESS SUCCESS. more accurate decisions at every level of the organisation. For CX success, organisations should be able to measure and analyse operational data (O-data) and experiential data (X-data). Tools such as Qualtrics give organisations a clear view to measurable CX and INTELLIGENTCIO 31