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Get Your Bank Ready to Measure CX in 2020

PeopleMetrics

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. Are different surveys needed for different touchpoints?

Banking 54
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Linking ESG Programs to Corporate Financial Performance: An Econometric Analysis Approach

CSM Magazine

A recent survey reveals that a significant 75% of investors believe companies should prioritize addressing ESG imperatives, even if it means foregoing short-term profitability. Moreover, benchmarking against industry standards offers insights into their ESG performance, highlighting areas of excellence or improvement.

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Making Sense of Customer Experience Metrics

PeopleMetrics

It has driven innovation in banking, and it has tranformed how businesses can ask for, and act on, customer feedback. Online surveys can capture feedback from customers in real-time and tie it to a specific event. Taking individual action on customer feedback is the final discipline growth banks are adopting ahead of non-growth banks.

Metrics 87
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Why First Call Resolution is the Most Important Call Center Metric

Pointillist

You also need to know why First Call Resolution is important, along with standard benchmarks and emerging FCR trends. Despite this widespread adoption, there is not one industry-standard way to collect data. Another common approach is collecting customer input during a post-interaction survey.

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25 Call Center Leaders Share the Most Effective Ways to Boost Contact Center Efficiency

Callminer

Going from 50% first time resolution to 100% first time resolution might sound like a great target, but getting to 60% is already a 20% improvement over the benchmark. An average turnover rate in customer contact centers is 30-45%, while in other industries it’s approximately 15.1%. Scott Nazareth. Jeff Toister.