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	<title>2018 Predictions Archives | Execs In The Know</title>
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	<item>
		<title>2018 Predictions for the Service Leader: Part 3 – Operations</title>
		<link>https://execsintheknow.com/2018-predictions-for-the-service-leader-part-3-operations/</link>
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		<dc:creator><![CDATA[kiaadmin]]></dc:creator>
		<pubDate>Mon, 27 Nov 2017 00:00:00 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[2018 Predictions]]></category>
		<category><![CDATA[Analytics]]></category>
		<category><![CDATA[Chatbots]]></category>
		<category><![CDATA[Customer]]></category>
		<category><![CDATA[Customer Experience]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Employee Engagement]]></category>
		<category><![CDATA[Operations]]></category>
		<category><![CDATA[Siloes]]></category>
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					<description><![CDATA[<p>&#160; We surveyed a number of customer service/experience leaders, from many of today’s leading brands, in our community to get their predictions for 2018. Over the coming weeks we will be releasing their thoughts on specific CX topics including customer expectations, channels, operations, technology, use case studies/data, and security/risk. Click here to catch up on Part 1 &#8211; Customer Expectations and Part 2 – Channels. The third installment of this series focuses on ....</p>
<p>The post <a href="https://execsintheknow.com/2018-predictions-for-the-service-leader-part-3-operations/">2018 Predictions for the Service Leader: Part 3 – Operations</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>&nbsp;</p>
<p>We surveyed a number of customer service/experience leaders, from many of today’s leading brands, in our community to get their predictions for 2018. Over the coming weeks we will be releasing their thoughts on specific CX topics including customer expectations, channels, operations, technology, use case studies/data, and security/risk.</p>
<p><a href="https://execsintheknow.com/2018-predictions-for-the-service-leader-part-1-customer-expectations/" target="_blank" rel="noopener noreferrer">Click here to catch up on Part 1 &#8211; Customer Expectations</a> and <a href="https://execsintheknow.com/2018-predictions-for-the-service-leader-part-2-channels/" target="_blank" rel="noopener noreferrer">Part 2 – Channels</a>.</p>
<p>The third installment of this series focuses on thoughts on operations.</p>
<p>•Further advancements in the area of personalization of the experience. The ability to leverage “big data” sources to create a more personalized experience. Driving demand for analytic platforms, as well as analytic resources (both offshore and onshore).<br />
• Expansion of the work at home (work anywhere) models for care support for cost savings. Advancements of tools and technology to support this.<br />
• ‘Employee engagement’ truly changing culture.<br />
• Customer service must be able to show ROI to adopt messaging channels and chatbots for customer interactions.<br />
• Companies will begin to focus more on the entire customer lifecycle from acquisition, to sales, to service/support. The lines will blur between organizational siloes that focus on acquisition and those that focus on customer care, as businesses embrace a more holistic approach.<br />
• Business leaders will get better at overcoming common, but large, digital transformation challenges (e.g., data silos, governance, systems integration, executive buy-in, acquisitions, technologies, security, etc). This will enable them to develop better customer insights that are actionable, to improve the customer experience, as well as optimize business operations.<br />
• Businesses will drastically adopt and improve how they apply predictive analytics across the enterprise.<br />
• Businesses will further embrace outsource service providers as strategic partners vs. traditional labor arbitrage.<br />
• The usage of behavior profiles will go mainstream in marketing and customer service.<br />
• Companies realizing that they need to center operations, technologies and practices around people and customers, not case numbers and ticketing systems. Leveraging modern technology to replace legacy systems will take time, but brands realize they need to start now to execute on their 3-5 year vision.</p>
<p><em>Stay tuned next week for Part 4 – Technology.</em></p>
<p>The post <a href="https://execsintheknow.com/2018-predictions-for-the-service-leader-part-3-operations/">2018 Predictions for the Service Leader: Part 3 – Operations</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
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			</item>
		<item>
		<title>2018 Predictions for the Service Leader: Part 2 – Channels</title>
		<link>https://execsintheknow.com/2018-predictions-for-the-service-leader-part-2-channels/</link>
					<comments>https://execsintheknow.com/2018-predictions-for-the-service-leader-part-2-channels/#respond</comments>
		
		<dc:creator><![CDATA[kiaadmin]]></dc:creator>
		<pubDate>Mon, 20 Nov 2017 00:00:00 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[2018 Predictions]]></category>
		<category><![CDATA[Channel Choice]]></category>
		<category><![CDATA[Chat]]></category>
		<category><![CDATA[Customer]]></category>
		<category><![CDATA[Customer Experience]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[CX]]></category>
		<category><![CDATA[Digital Transformation]]></category>
		<category><![CDATA[Email]]></category>
		<category><![CDATA[IoT]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[Multichannel]]></category>
		<category><![CDATA[omnichannel]]></category>
		<category><![CDATA[Phone]]></category>
		<category><![CDATA[SMS]]></category>
		<guid isPermaLink="false">http://execsintheknow.com/2018-predictions-for-the-service-leader-part-2-channels/</guid>

					<description><![CDATA[<p>We surveyed a number of customer service/experience leaders, from many of today’s leading brands, in our community to get their predictions for 2018. Over the coming weeks we will be releasing their thoughts on specific CX topics including customer expectations, channels, operations, technology, use case studies/data, and security/risk. Click here to catch up on Part 1 &#8211; Customer Expectations.  The second installment of this series focuses on thoughts on channel ....</p>
<p>The post <a href="https://execsintheknow.com/2018-predictions-for-the-service-leader-part-2-channels/">2018 Predictions for the Service Leader: Part 2 – Channels</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>We surveyed a number of customer service/experience leaders, from many of today’s leading brands, in our community to get their predictions for 2018. Over the coming weeks we will be releasing their thoughts on specific CX topics including customer expectations, channels, operations, technology, use case studies/data, and security/risk.</p>
<p><a href="https://execsintheknow.com/2018-predictions-for-the-service-leader-part-1-customer-expectations/" target="_blank" rel="noopener noreferrer">Click here to catch up on Part 1 &#8211; Customer Expectations. </a></p>
<p>The second installment of this series focuses on thoughts on channel choice and omnichannel digital transformation.</p>
<p>• The continued shift to “social channels” and the need to be adept at serving customers who reach out for help in social media.<br />
• A key word is “predictive service”. Next era CX &#8211; what AI will enable?<br />
• C-Suite will begin to see the potential for revenue generation on the service side of the house with new channels and old channel improvement.<br />
• Companies must be more agile in testing and deploying new solutions and channels due to increasing competition from new market forces (e.g. Amazon).<br />
• Businesses who do not embrace omni-channel digital transformation will lose customer loyalty, their share of wallet and overall market share, to those that do.<br />
• The volume of calls will continue to grow even with the continued introduction of alternative channels of support.<br />
• Amazon will disrupt the ACD market.<br />
• IoT pervasiveness will increase call volume.<br />
• Phone channel continues to be the dominant channel for “complex” client care issues.<br />
• Many companies focusing on “demand management” initiatives to help clients self-serve, improve CSAT and reduce call volume.<br />
• Mobile Messaging/SMS and MMS. More interesting and efficient use cases for text will emerge. Companies realizing that leveraging instant photos or videos sent can help reduce conversation time.<br />
• Companies look for more true omnichannel platforms and adoption for these grow. Not just a single platform that can hook into all kinds of other technologies, but a single platform that can tie all of the conversations together, no matter what channel.<br />
• Phone channel continues to be dominant for overall customer resolution.<br />
• Companies will continue to add more channels and favor “cheaper” asynchronous (can respond at the same time) channels, like chat and text, in exchange for “more expensive ones”, like phone and email. Volumes of total communication will stay the same, but allow for brands to save money.<br />
• Two way SMS continues to lag with some brands testing specific use cases.</p>
<p>Stay tuned next week for Part 3 – Operations.</p>
<p>The post <a href="https://execsintheknow.com/2018-predictions-for-the-service-leader-part-2-channels/">2018 Predictions for the Service Leader: Part 2 – Channels</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
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			</item>
		<item>
		<title>2018 Predictions for the Service Leader: Part 1 &#8211; Customer Expectations</title>
		<link>https://execsintheknow.com/2018-predictions-for-the-service-leader-part-1-customer-expectations/</link>
					<comments>https://execsintheknow.com/2018-predictions-for-the-service-leader-part-1-customer-expectations/#respond</comments>
		
		<dc:creator><![CDATA[kiaadmin]]></dc:creator>
		<pubDate>Mon, 13 Nov 2017 00:00:00 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[2018 Predictions]]></category>
		<category><![CDATA[Customer]]></category>
		<category><![CDATA[Customer Expectations]]></category>
		<category><![CDATA[Customer Experience]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Service Leaders]]></category>
		<guid isPermaLink="false">http://execsintheknow.com/2018-predictions-for-the-service-leader-part-1-customer-expectations/</guid>

					<description><![CDATA[<p>We surveyed a number of customer service/experience leaders, from many of today&#8217;s leading brands, in our community to get their predictions for 2018. Over the coming weeks we will be releasing their thoughts on specific CX topics including customer expectations, channels, operations, technology, use case studies/data, and security/risk. It is our sincere hope that through sharing with other CX Professionals, we can work together, learn from each other, and ultimately ....</p>
<p>The post <a href="https://execsintheknow.com/2018-predictions-for-the-service-leader-part-1-customer-expectations/">2018 Predictions for the Service Leader: Part 1 &#8211; Customer Expectations</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img fetchpriority="high" decoding="async" class="aligncenter wp-image-4411" src="https://execsintheknow.com/wp-content/uploads/2019/10/StockSnap_RZWM4T2UAD.jpg" alt="" width="600" height="400" /></p>
<p>We surveyed a number of customer service/experience leaders, from many of today&#8217;s leading brands, in our community to get their predictions for 2018. Over the coming weeks we will be releasing their thoughts on specific CX topics including customer expectations, channels, operations, technology, use case studies/data, and security/risk.</p>
<p>It is our sincere hope that through sharing with other CX Professionals, we can work together, learn from each other, and ultimately strengthen the CX operations of our brands, as well as the industry as a whole.</p>
<p>We begin the series today with thoughts for 2018 customer expectations.</p>
<p>• The customer will continue to demand higher levels of personalization and integration across multiple brands and devices.<br />
• Customers demanding a higher level of experience and service from companies; what was “good enough” before is no longer good enough.<br />
• Customer expectations will continue to rise across all industries (B2B/B2C) in the area of integration of their communications and data. Creating a larger push for seamless channel shift experience. Requirements will be needed for the operational teams in the areas of training, knowledge management and performance management. (With multi-channel support, more complex KPI’s are needed.)<br />
• Customers increasingly want to self-serve but self-serve must have a smooth transition to assisted service for more complex inquiries. Technologies like chatbots cannot be deployed in siloes.<br />
• Addressing differences in demographics will become increasingly important, as different groups will prefer different types of engagement. What works for millennials may not work for boomers.<br />
• Consumer expectations for personalized service continue to grow. They expect that if they do business with a company, that they have some history or record of that. That if they have a conversation over the phone, that agents can recall that conversation the next time they email or chat.</p>
<p>Stay tuned next week for Part 2 – Channels!</p>
<p>The post <a href="https://execsintheknow.com/2018-predictions-for-the-service-leader-part-1-customer-expectations/">2018 Predictions for the Service Leader: Part 1 &#8211; Customer Expectations</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
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