PeopleMetrics

JANUARY 15, 2020

2020 is here, and this year, many of our banking clients have made measuring and improving customer experience a strategic priority. No matter where you fall on that spectrum, here are 3 things to consider as you're thinking about your bank’s 2020 CX program: 1. Is NPS the right metric? Ready to hit your CX goals in 2020?

Banking 54

Banking industry standards Surveys Benchmark 54

COPC

MAY 19, 2023

However, this ongoing argument about the “right” metric is misguided. Let’s delve into each of these most commonly used metrics. A 2020 Fortune article estimated that nearly two-thirds of all Fortune 1000 companies use NPS. Many clients use multiple metrics to measure customer satisfaction.

Metrics 71

Metrics industry standards Customer effort Consulting 71

Horizon CX

DECEMBER 27, 2019

During my ten years plus tenure as a corporate CX director, I introduced NPS to the leadership team to which they readily understood the concept and its simplicity and fully embraced NPS as the key performance metric in evaluating customer satisfaction and loyalty. It complements other CX metrics but is less likely to stand alone.

B2B 52

B2B Surveys B2C Metrics 52

Fonolo

JUNE 9, 2014

In the world of contact center metrics, “service level” has always held a special place. It gives the industry a universally understood way to talk about how quickly customer calls are answered by support agents. Even more astonishing is that most call centers would name the same target value for that metric: the magical “80/20”.

Service level 96

Service level Call Center Abandon rate Metrics 96