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Customer feedback
is the single most important type of communication an organization can receive.
Feedback can ultimately determine whether the organization lives or dies.
Despite the highly critical nature of customer feedback, organizations often
treat customer feedback as an afterthought, something that they might get
around to, if time allows.

Customer feedback
is a leading indicator. A leading
indicator is a measure that tells us the future. Customer feedback is a leading
indicator because it reveals whether customers are likely to continue doing
business with us in the weeks, months and years ahead.

There’s nothing
terribly sophisticated about acting on customer feedback. Follow-through takes
discipline and a guiding process, and it generally comprises these steps:

  • Analyzing
    trends in feedback
  • Identifying
    the most promising opportunities or most ominous challenges
  • Assigning
    an owner to the opportunity
  • Obtaining
    needed resources
  • Investigating
    the underlying issues and identifying the causes
  • Determining
    the action necessary to make improvements
  • Implementing
    actions
  • Evaluating
    effectiveness
  • Communicating
    improvements to customers

The final step,
communicating improvements to customers, is critical. If customers don’t
realize there’s been an improvement, there hasn’t. Make sure to let your
customers and the marketplace in general know the important improvements your
organization has made.

Fundamentals of
Effective Customer Feedback :

  1. Don’t
    wait for customers to contact you. Reach out to the customer and ask how you’re
    doing.
  2. Keep
    your tools for capturing customer feedback as simple and streamlined as
    possible.
  3. Remember
    that customer feedback is a leading indicator, unlike most other indicators
    that businesses use. That’s why customer feedback is so important to an
    organization’s success.
  4. Take
    action quickly. The informational value of customer feedback doesn’t last long.
  5. Utilize
    lean tools that can be applied all the time by a variety of people. Don’t make
    capturing and analyzing customer feedback an event that only happens every now
    and then.
  6. Share
    the trends of customer feedback with the entire organization. The more people
    understand customers, perceptions, the better prepared they'll be to help
    improve them. Everybody in the organization can affect customer satisfaction
    positively.
  7. Follow-through
    on customer feedback. If you don’t take action and follow through to completion
    then the process will produce nothing.

Source :
Fundamentals of Effective Customer Feedback; Quality Digest Magazine; Craig
Cochran

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