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How to Optimize Reputational Risk Management in Banks

ReviewTrackers

Negative reputation, meanwhile, can drive away potential clients and increase customer churn. In 2012, Edelman Insights found that financial services and banking was the industry consumers trusted the least — even less than they did the media sector. Become more customer-focused.

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Being the Bearer of Bad News

ShepHyken

The letter goes on to explain that they haven’t raised prices since 2012 and they want to continue to deliver the quality their members expect. Shep Hyken is a customer service expert, keynote speaker, and New York Times bestselling business author. It’s a bummer. We don’t want to do it. Follow on Twitter: @Hyken.

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Amazing Business Radio: Diana Oreck

ShepHyken

First Up: In Shep Hyken’s opening comments he relates an experience from the customer service workshops his company conducts for client companies. In these workshops, attendees are asked, “What is a quality that all customer-focused employees possess?” What are the qualities of a customer-focused employee?

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Winning the Game: Why Global Professional Development in Customer Experience and Employee Engagement Are Key

CX University

According to a study by Gallup, engaged employees are 17% more productive, 21% more profitable, and 10% more customer-focused than disengaged employees. Retrieved from [link] The post Winning the Game: Why Global Professional Development in Customer Experience and Employee Engagement Are Key appeared first on CX University.

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What is Bank Reputation Risk Management?

ReviewTrackers

Negative reputation, meanwhile, can drive away potential clients and increase customer churn. In 2012, Edelman Insights found that financial services and banking was the industry consumers trusted the least — even less than they did the media sector. Become more customer-focused.

Banking 90
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Dollar Shave Club Teaches a Valuable Customer Service Lesson

ShepHyken

I have used them as an example of how to create a membership experience , but now I want to focus on their ability to deliver amazing customer service. In 2012, they rolled out a promotional video on YouTube that was hilarious and went viral. That’s what great customer-focused companies do! Follow on Twitter: @Hyken.

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Connecting Satisfaction With Behavior: Does The Service-Profit Chain (or The Employee Engagement-Profit Chain) Still Work?

Beyond Philosophy

Namely, the connection between satisfaction and behavior, whether by customers or employees, has been challenged and largely refuted in study upon study. Customer Loyalty on the other hand has two definitions. Coincidentally, this definition was also done in a June, 2012 article.