We are now 3 months away from The Service Council’s Smarter Services Symposium (Sept 11-13, 2017, Learn More). Last month, we took a few minutes to introduce the theme for the event, Invigorating Service Journeys, on a preview webcast (Access On-Demand). In discussing the theme with speakers and prospective contributors, I’ve realized that we seem to have hit a nerve. Let me explain.
The theme for this year’s event is Invigorating Service Journeys. While it works as a stand-alone theme, it does build on the themes of past events while staying true to our broader foundational research principle of Smarter Services. The core of Smarter Services is that the forces of customer satisfaction and business profitability are not adversarial but actually work hand-in-hand. It makes business sense to satisfy, retain and grow your customers. Many have pushed this message in numerous flavors but I vividly remember this concept being shared by Joe Pinto from Cisco Systems at my very first service event nearly 15 years ago. Joe spoke of the importance of taking a customer lifecycle approach and comparing customer acquisition cost with customer retention cost. Joe continues to share his vision at service leadership events.
In reviewing the results of our 2017 service strategy and leadership benchmark, we’ve identified that leading organizations (Service Champions) are those that have embraced the concept of service journeys. For these Champions, service success isn’t limited to operational efficiency, customer-centricity, or commercial success. Its about bringing all three of these together to ensure the delivery of value to the customer, the service network, and to the internal stakeholders in the organization.
In building their service strategy and portfolios, most organizations start by tackling the operational aspects of service delivery. They then mature to focusing on customer-centric activities, typically with an initial foray into customer surveying or voice of the customer. The more mature organizations then review customer feedback and begin to re-evaluate the portfolio of service products available to customers. Bringing these three areas of focus together is the sweet spot, and thats exactly what we’re looking to investigate this September.
If you are interested in Invigorating your Organization’s Service Journey, I encourage you to join us in September. You can:
If you can’t wait till September, and you’d like to learn more about Service Champions and their business maturity, I encourage you to participate in our Service Leadership and Strategy Benchmark for 2017. To do so, please join our service leadership research group and you will receive an invite to participate in the strategy assessment.