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October
09, 2007 |
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SaaS
2.0 Free Report
Now for its second act SaaS is ready to levarage its Web roots and take on the bigger challenge of integrating people, partners, business processes and data. Learn where SaaS is headed and how SaaS is changing the fundamental econmnics of the software business, and how some are integrating composite applications to build SaaS 2.0 solutions. |
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Brings IT Support to Smartphones Numara
Software Launches New Version of Numara FootPrints BB&T
Celebrates National Customer Service Week with 'Service from the Heart'
theme Microsoft
Launches Web Site to Hold Medical Records CA
Announces Comprehensive Solution for IT Governance, Risk, and Compliance Clone the best agent DNA in your contact center/support desk: A 7-Step Approach M&As, product lifecycle compression, and outsourcing make it difficult, if not impossible, for customer service organizations to keep their agents up-to-date on best-practice interaction and service fulfillment processes, service compliance, contextual sales, and product knowledge. How can you provide distinctive customer service and boost sales in this environment? "Cloning" the capabilities of the best customer support and helpdesk agents across the agent pool -- in-house and outsourced -- is a powerful approach that can help improve the quality and value of all interactions with customers. Starting with a unique Agent Cloning Framework that groups agents into mistakes, misfits, makeovers and models, this paper shows you how to implement a cloning program to take your customer support capabilities to new levels.
CSurvey Reveals
Top 100 U.S. Online Retailers’ Customer Service Shortfalls In a mystery shopper exercise conducted from April to June 2007, 34% of emails went unanswered by 100 of America’s top online retailers, with just over 50% of responses providing accurate and complete information. The findings of the audit are highlighted in a report published by Customer Interaction Management (CIM) software solution provider Talisma Corporation. Talisma asked the leading U.S. online retailers the following questions:
Talisma’s audit awarded each online retailer a score out of 100, based on a range of customer service criteria, including speed of response, accuracy, completeness of information provided, and the personalization of interactions. Although 93% of companies audited responded to phone queries within 30 seconds, only 5% were able to communicate with personalized content – by referring to caller ID or a customer profile. Personalization is increasingly being recognized as a critical factor in delivering customer service excellence. In fact, customers are beginning to expect to be acknowledged and treated as “special” on return visits across all channels of communication. Of the estimated 230 million U.S. Internet users, many are well versed with the use of chat, and prefer to communicate with online retailers that way. However, only 30% of the audited retailers are able to accommodate that channel preference. Even worse, for those customers who prefer to find information themselves before contacting customer service, a mere 3% of online retailers offer full-fledged Web self-service. However, there were some bright points in the audit, including the fact that 100% of the audited companies provided access to phone-based customer service, with 95% providing it for free, and 96% provided access to email. Unfortunately, while 78% of U.S. Internet users shopped online in 2006, online retailers aren’t taking full advantage of the Internet channels. In effect, they are missing out on tremendous opportunities for both revenue growth and customer service cost savings. Overall, the survey revealed that online retailers are failing in three key areas:
That's one of the main conclusions drawn from the third annual "NYSE CEO Report," compiled for NYSE Magazine by Opinion Research Corp. The survey collects data from CEOs of 240 of the New York Stock Exchange's listing companies. For example, CEOs are planning greater investment (both budget- and time-wise) on managing customer relationships than in the past. The importance of sales growth -- driven by customers -- as a performance measure has increased by 11 percent since the prior study. And on the strategic side, brand, reputation, and investments in corporate social responsibility -- all focused on winning customers -- are increasingly important. CEOs continue to recognize the costliness of losing customers. What's more, they're putting money where their mouths are. Almost one third of CEOs plan to spend more time on customer relations in the coming year, while more than half expect to spend more money on customer contact. The report also found a 10 percent increase in the amount of time a CEO feels he should spend on customer relationships. Most
CEOs (81 percent) believe they take sufficient action to manage their
companies' reputation, and going hand-in-hand with the issue is an increased
focus on social responsibility, which is an important factor not just
in customer relations and retention, but in employee retention as well.
Social-responsibility initiatives are seen as having a greater impact
on employee retention in companies with greater than $3 billion in market
capitalization (where 46 percent of respondents tagged it as an important
factor in employee retention), compared with companies with $1 billion
to 3 billion in market cap (16 percent) and below $1 billion (29 percent).
Such initiatives range from encouraging employees to volunteer at homeless
shelters to instituting and enforcing environmentally friendly ideas like
recycling and tree planting.
Home-Based Contact Center Agents Rapidly Becoming
Mainstream Based
on extensive research across the at-home outsourcing market, Datamonitor
projects that the global size of the home-based third-party customer service
agents working 20 hours a week or more, currently stands at approximately
47,000. However, based on expected growth projections from pure-play and
bricks-and-mortar vendors, Datamonitor expects it to rise to almost 224,000
by 2012. A
further driver for many firms to look to at-home agents is the alternative
it provides to sending work to offshore or nearshore locations. With lower
costs and less concern about the integrity of infrastructure and public
security, investors are beginning to see the home agent model as a viable
alternative to moving agent positions to multiple locations globally.
With many investors still worried over the integrity of customer data, there remain worries in the minds of many prospects over how secure the at-home agent model is. However, Datamonitor’s research has shown providers of these services have been able to address these concerns by deploying thorough background checks on prospective employees, as well as by providing real-time monitoring analytics. Despite
certain concerns surrounding the at-home outsourcing market, Datamonitor
feels that this business model is certain to gain significant traction
from companies interested in lowering overall costs, while keeping their
customer facing services onshore. In addition, the quality that can be
derived from a typical home agent is reportedly very strong, which will
be another driver for companies to gain from excellent end-user interactions.
Security Survey Shows Organizations Are Strong
on Infrastructure, Weak on Monitoring and Enforcement According to the survey, the majority of organizations now have a CSO or CISO in place (60 percent in 2007 vs. 43 percent in 2006), as well as an overall information strategy (57 percent in 2007 vs. 37 percent in 2006), and results show the majority are also heavily invested in technology safeguards such as network firewalls (88 percent), data backup (82 percent), user passwords (80 percent), and spyware (80 percent). However, the investment of time in practical measures remains low. For example, sixty-three percent of respondents state they do not audit or monitor user compliance with security policies, and less than half (48 percent) measured and reviewed the effectiveness of security policies and procedures in the last year. Survey results show the majority (65 percent) of information security budgets now come directly from the IT department, a jump from only 48 percent in 2006. Other department budgets for information security are down this year, including compliance/regulatory (9 percent in 2007 vs. 18 percent in 2006), finance (15 percent in 2007 vs. 19 percent in 2006), and other business lines (4 percent in 2007 vs. 18 percent in 2006). Additionally, security reporting and IT bounced back for the first time in four years with survey results showing more split reporting lines and security reporting to multiple departments. Currently there are gaps in the alignment of security spending to business objectives. According to the survey, only 30 percent of respondents report their organization's information security policies are completely aligned to business objectives, and even less (22 percent) believe security spending is completely aligned. This is up only slightly from 2006 when 28 percent of respondents reported their security policies were completely aligned with business objectives. In other survey highlights, for the first time, employees took over the number one spot as the most likely source of an information security event. The majority (69 percent) of respondents cite employees and former employees as the likeliest source of attacks, surpassing hackers at 41 percent. This is up significantly from 2005 when only 33 percent of respondents cited employees as the most likely source versus 63 percent for hackers. Email and abused valid user accounts and permissions are reported as the primary methods for such attacks yet only about half (52 percent) of respondents employ routine people-related information security safeguards. Simple safeguards such as personnel background checks (52 percent), monitoring employee use of Internet/information assets (48 percent) and dedicating human resources to employee awareness programs for internal policies and procedures (47 percent) remain uncommon. In addition, the majority of respondents (63 percent) still do not have an identity management strategy in place. Can Performance Management Applications Really Impact a Contact Center? What do most people think of when they hear the words “performance management solution”? It immediately gets associated with data, spreadsheets, reporting, scorecards… a better way of getting information about your operation. This is all true of performance management solutions, but no business has ever improved from just generating reports. It is the businesses processes (coaching, training, reward and recognition to name a few) that an operation puts in place to act on that information and the way in which they track the effectiveness of those processes that really drive performance improvement across the organization. Contact center performance management solutions encompass three key focus areas for employees: the ability to motivate, measure and manage. Employee motivation occurs through reward and recognition and providing the tools and information to attain goals. Full Article...
10 Tips for Combating Agent Burnout
Dive Into Web 2.0 introduces the principles, applications, technologies, companies, business models and monetization strategies of Web 2.0. The eBook defines the characteristics of Web 2.0, why search is fundamental to Web 2.0 and how Web 2.0 empowers the individual. It discusses the importance of collective intelligence and network effects, and the significance and growth of blogging. It helps readers gain a better understanding of social networking, social media and social bookmarking, and how tagging leads to folksonomies. It also discusses how web services are enabling new applications to be quickly and easily “mashed up” from existing applications. The eBook provides an overview of Web 2.0 technologies, business models and monetization models to help readers understand the fundamentals of what comprises a Web 2.0 business. You
can read it free online, buy an electronic version or hardcopy at the
following link:
The SupportIndustry.com Blog is another way stay on top of the service and support industry. Our blog, updated at least once a week, is dedicated to covering the latest topics related to service and support, call center management, customer experience management, web-based support, help desks, workforce optimization and more. White Paper: Using Web-based Support Tools to
Improve Customer Service Multichannel Service
& Support Survey of Executives: Report of Findings Manage Your e.Newsletter Subscription! Log-on to the member's only page and you can to change newsletter formats, remove yourself from the list, or update your member profile. Editorial
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