Financial Services Case Study
 
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Issues:
  • Call center receiving complaints from customers
  • Difficult to contact call center and/or complain
  • Wait time on phone was too long, call center staff perceived to lack knowledge and skills, no follow through
  • 20% of call volume was from customers calling back because of lack of follow up by company

Actions:

  • Created new goals for staff that balanced serving customers with length of call
  • Showed real-time performance on electronic signs showing average wait time to whole room
  • Provided roving coaches for every 10 reps to help in handling challenging situations
  • Redesigned training program for reps
  • Changed call patterns so that new reps were allocated calls for less complex products
  • Created special call-back team to provide follow-up information to customers

Results:

  • Huge improvement in satisfaction ratings
  • Eliminated call backs by changing incentives and increasing first call problem resolution

 

 
Retail Home Delivery Case
Issues:
  • Drivers started to hear from customers that if company provided Sunday delivery customers would do more business
  • Competitor introduced Sunday delivery
  • Executive council approved Sunday delivery at a premium of $15 per delivery

Actions:

  • Implemented web-based survey to determine customer response to three different price points
  • One week turnaround time

Results:

  • Found that 1/3 of customers liked the idea, however, the customers tended to be low revenue generating customers
  • Executive Council decided not to go forward with Sunday delivery option
  • Competitor ultimately discontinued Sunday delivery because they were losing money on it


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