CEOs: Are you doing the wrong thing?
"Making Good Choices" Assembly - Photo Credit: Old Shoe Woman on Flickr used under CC BY-NC-SA 2.0

CEOs: Are you doing the wrong thing?

Recently I attended a middle school assembly at which my daughter was recognized for academic achievement. I was seated with other proud parents at the back of the auditorium while the students were seated up front, celebrating together - at times, a bit too enthusiastically for the faculty leading the program. "Eighth graders", one teacher sternly rebuked, "if you are speaking rather than listening right now, you are doing the wrong thing." I admired the directness and clarity of the message - and jotted it down as a reminder for my own future messaging. Today, the message on my mind is clear:

Picture reading "If you are a CEO that is committed to your customers and you are cutting back on your CX investment right now, you are doing the wrong thing."?
If you are a CEO that is committed to your customers and you are cutting back on your CX investment right now, you are doing the wrong thing.

Customer experience (CX) is the discipline of working to ensure that your customers have a positive perception and experience across all interactions with your organization. Positive customer perceptions drive customer loyalty, higher lifetime value through improved retention and share-of-wallet growth, and organic customer base growth through positive word-of-mouth referrals. Customer retention is typically far more cost-effective than new customer acquisition - and retaining current customers can lead to greater profitability as well. A positive customer experience that is consistently better than your competitors leads to a competitive advantage in customer purchasing decisions that is very hard to copy. CX leaders help your company and employees create that advantage and keep it. Internally, customer experience is a unifying framework that contributes to better decision-making for your organization by including consideration of customer needs and expectations. Additionally, CX professionals serve as catalysts to enhance your organization's results by working across siloed departments to ensure effective collaboration, prioritized experience delivery, and positive customer relationships.

Undoubtedly, the world is facing significant uncertainty: war, political division, natural disasters, supply chain disruption, changing employee and consumer expectations, lingering impacts of the COVID-19 pandemic, inflation, and the threat of economic recession to name a few concerning factors. In times of uncertainty, it is more important than ever that, as CEO, you give clear direction and leadership. Yes, you will likely also need to adjust operations and plans - but if you are to be seen by your customers, employees, and stakeholders as having made good choices, you would be well-served to have those choices informed by understanding your customers' perspectives - insight you can gain from CX professionals on your team. Ensuring that customers have a positive perception of your organization throughout whatever comes next just makes sense.

Picture reading "CEOs can lead by making "positive customer perceptions"?  a non-negotiable essential commitment."?
CEOs can lead by making "positive customer perceptions" a non-negotiable essential commitment.

CX professionals also need to respond to the challenges of these times by revisiting their plans and prioritizing the work that best supports positive customer experiences and other strategic goals of the organization. CX leaders should use their skills and insights to drive positive change informed by data, the voice of the customer, human-centered design, and an unwavering commitment to considering customer perceptions, employee perspectives, and business implications. Perhaps most importantly, CX professionals must remember that the goal is not a certain survey response rate or complaint resolution time - it is the design, delivery, and evolution of easy, effective, and consistently scalable CX solutions.

Picture reading "A good CX solution is one that delivers positive results for the customer, employees, and the organization's bottom line."?"?
"A good CX solution is one that delivers positive results for the customer, employees, and the organization's bottom line."

Fellow CEOs: now is the time to show leadership by maintaining our commitment to positive customer experience, no matter the headwinds. I expect it will help our organizations achieve sustainable results that grow our customer relationships as well as the respect and support of our teams and stakeholders.

Greg Melia, CAE - CEO of the Customer Experience Professionals Association

About The Customer Experience Professionals Association

The Customer Experience Professionals Association (CXPA) exists to support CX professionals to share, learn, inspire, and grow throughout their entire careers - including the difficult periods of uncertainty. We believe that empowered CX professionals will inspire exceptional outcomes for customers, colleagues, and organizations. We provide a trusted, affordable, independent learning community dedicated to the professional advancement of customer experience. We publish the CXPA CX Book of Knowledge which provides over 300 pages of clear, practical guidance on terms, processes, and theory essential to understanding customer experience, and grant the Certified Customer Experience Professional (CCXP) certification to designate the individuals with the experience and skills to lead customer experience programs.

Lynn Hunsaker, CCXP

Multiply value by walking the talk: CX = EX = $

2 年

Thanks for this advice to CEOs, Greg. To emphasize your message with specific steps CEOs and CX leaders can take, here are 10 resources to help: https://www.dhirubhai.net/pulse/keep-your-cx-team-despite-austerity-clearactioncontinuum

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Pranav Kumar

Chair -CXPA Asia (Customer Experience Professional Association). Secretary- Infection Control Academy of India. Expert in Learning Experience Design, Customer/Patient Experience, Digital Marketing in Healthcare & Pharma.

2 年

Middle managers always look for signals if the CEO is 'walking the talk'. Non-verbal clues are read and circulated more quickly than explicitly spoken words. If the CEO commits to CX, but his/her actions are 'saying' otherwise, the whole purpose is gone. #custmerexperience was never so crucial for the success of an organisation. In this experience economy, you can see the emergence of a new kind of capital called 'customer capital'. Invest in it. Good thought Greg Melia, CAE and nicely put in words.

Brandon Cagnon

VP - Customer Experience

2 年

This message is timely and spot on. As the economy continues to tighten and businesses adjust accordingly, it is too easy to shift toward an inward-focus on finding operational solutions for profitability's sake. This can have the effect of degrading customer-centricity and harming experiences, which can have a lasting reputational effect long after the economy stabilizes. To counteract this, it's so critical to maintain outside-in thinking, especially in times of economic difficulty. Customers, partners, and employees are people. We're all experiencing these challenges together. So why not lean into the CX toolbox as a powerful mechanism to make good prioritization decisions based on human insights and build the experiences that generate the most mutual value? Thank you, Greg Melia, CAE , for this reminder.

Samantha Conyers

Customer Experience Expert with 15+ years crafting and operationalizing exceptional strategies across diverse industries & borders

2 年

Congrats to your daughter, Greg! I think her msg is relevant for all of us - too much speaking and not enough listening!

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