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Social Media Customer Service Declines, American Consumers Don’t Know What Good Service Looks Like

Social media is among the last places consumers want to go for customer service, according to a new survey commissioned by NICE Systems and the Boston Consulting Group (BCG).And among Americans, expectations are low across the board. The NICE/BCG 2016 Consumer Experience Report focused on customer interactions with providers of financial, telecom, and insurance services. Over 1,700 people between the ages of 18 and 65 were interviewed across the U.S., the U.K., the Netherlands, France and Australia.

The report found that the number of consumers using social media to resolve customer service issues has dropped compared to two years ago. While daily, weekly, and monthly use of social media channels doubled between 2011 and 2013, those same categories declined between 2013 and 2015, while the number of respondents who never use or are not offered social media customer service rose from 58 percent in 2013 to 65 percent in 2015.
Respondents who do not use social media cited a number of reasons why. It takes too long to address issues said 33 percent, it has limited functionality reported 32 percent, and it isn’t feasible for complex tasks according to 30 percent. Social media was the channel with the highest percentage of abandons in both 2013 and 2015, with the number rising from 32 percent to 42 percent over that period.

U.S. consumers surveyed have lower expectations of customer service in general. Australia and European respondents thought it essential that they be automatically routed to the correct customer service agent along with their information without being transferred multiple times, and that their service provider rep be aware of their past three to five interactions with the company to tailor service to their needs. American respondents, on the other hand, said all of those actions would “exceed expectations.” In total, Americans surveyed ranked only 15 out of 25 factors as essential, while other countries’ respondents expected anywhere from 21 to all 25 attributes.

While American respondents don’t seem to mind waiting for multiple call transfers or repeating their information, having issues resolved immediately was cited by other countries and all industries, genders, and ages as the top factor in a perfect experience, valued by 51 percent of respondents. Other important factors include reps knowing what consumers need and providing an immediate solution, forwarding information and actions from department to department, and knowing what consumers already did through a self-service channel.

Other findings that can be found in the complete report include:

• Decreased satisfaction and success since 2013 across the board with all contact channels (except for mobile apps), particularly Interactive Voice Response (IVR) (down 20 percent) and social media (down 23 percent).

• Churn rates vary amongst different age groups. While 78 percent of baby boomers will leave a provider due to a customer service issue, only 54 percent of millennials will do so.

• Sharp increase in customer skepticism about the effects of their feedback, with only 25 percent thinking it likely that service providers took action based on their feedback, down from 40 percent in 2012.
[Full Article]   Mar-04-2016

 

Survey: Where Change Management Fails

As companies initiate change, the path to success is filled with potential potholes. But where are businesses most commonly tripped up during a transition? According to 46 percent of senior managers interviewed for a Robert Half Management Resources survey, change-management efforts typically falter at the execution stage.

The research shows this often depends on the size of the company, however. While roughly half of managers at small companies (those with 20-49 and 50-99 employees) expressed the greatest concern about the execution phase, respondents at the largest companies (1,000 or more employees) said they experience problems most commonly after the implementation.

The survey findings further suggest clear and frequent communication can be the remedy for what ails change-management efforts. Sixty-five percent of managers said this is the most important aspect of leading a team through a transition. It was the top response for companies of all sizes and far outdistanced the second-leading factor, managing expectations (16 percent).

[Full Article]   Feb-09-2016

 

U.S. CIOs Reveal Hiring Plans For First Half Of 2016

Twenty-two percent of U.S. chief information officers (CIOs) surveyed recently plan to expand their information technology (IT) teams in the first six months of 2016, according to the just-released Robert Half Technology IT Hiring Forecast and Local Trend Report. This number matches plans from the prior six-month period and is up 3 percentage points from one year ago. Sixty-three percent of CIOs intend to hire only for open IT roles, 13 percent anticipate putting hiring plans on hold, and 2 percent expect to reduce their IT staff in the first half of the year.

Recruiting remains a challenge: 60 percent of CIOs said it's somewhat or very challenging to find skilled IT professionals today. They also revealed which skills are in greatest demand within their organizations. Top responses include:

-- Desktop support (57 percent)
-- Database management (55 percent)
-- Network administration (54 percent)
[Full Article]   Jan-13-2016

 

10 Ways Your Workplace Will Change in 2016

While worker pay remains stubbornly stagnant, it’s not all bad news for American employees in 2016. There are numerous workplace trends that point to positive changes for workers in the coming year.

This article takes a look at the top 10 trends shaping the workplace in 2016:

1. Compensation conversations include more than salary.
2. Student loan assistance is hot.
3. Recruiters are finding employees via social networks.
4. The gig economy continues to grow.
5. Millennials move into management.
6. Focus on financial planning.
7. Companies welcome back ‘boomerang’ workers.
8. Wellness embraces wearables.
9. ‘Hotel desks’ go mainstream.
10. Parental leave is getting more generous.
[Full Article]   Jan-13-2016

 

Cloud Based Contact Center Market Worth 14.70 Billion USD by 2020

According to a new market research report "Cloud Based Contact Center Market by Solution (IVR, ACD, CTI, APO, Dialers, Analytics & Reporting), & by Application (Chat Quality Monitoring, Real Time Decision Making, Work Force Optimization), by Vertical, by Region - Global Forecast to 2020", published by MarketsandMarkets, Cloud Based Contact Center Market is expected to grow from USD 4.68 Billion in 2015 to USD 14.71 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 25.7% during the forecast period.

Cloud based contact center is a deployment model that enables organizations to set their contact center in a remote, third party's data center. It enables greater flexibility, scalability, and business agility for contact centers, while saving significant costs over the long term. Cloud-based contact center solutions allow companies to communicate effectively with their customers via various channels, including inbound/outbound/voice, email, and web. This unified system includes key software technologies that contact centers require the most: dialers, ACD, IVR software, CTI for intelligent screen pops, digital recording, workforce optimization, real-time reporting and decision making and analytics tools. The cloud-based solutions streamlines the process of providing modernized, up-to-date service to customers, personalizing service to meet their preferences and demands, in addition to providing the advantages of cost, reliability, and flexibility.

Verticals rapidly adopting cloud-based contact center technology include BFSI, IT and Telecom, and retail, which contributed more than 50% of the cloud-based contact center revenue in 2015. IT and Telecom is expected to have the highest market share by 2020, while travel and hospitality, healthcare, and transportation and logistics are the emerging verticals.

Latin America is one of the growing regions in the Cloud Based Contact Center Market, which is driven by an investment friendly atmosphere, rapid development of new market in other nations, such as Chile, Mexico, and Argentina and favorable labor scenario. MEA and APAC has a potential market for cloud-based contact center market across various industry verticals, such as BFSI, retail, healthcare, government, and telecom and IT. The region has a growing number of SMBs and highly skilled workforce which represents huge potential for growth in this market.
[Full Article]   Nov-21-2015

 

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