Accenture Consulting Customer Centricity Axis of High Performance May2008

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Customer Centricity

The New Axis of


High Performance
Customer
Centricity
Customer Centricity
The New Axis of
High Performance

Focusing on the new has shown, in fact, that designing the


right customer experience and delivering
customer to her destination on time at a
competitive price, but if it loses the bag
consumer it the right way leads to better financial she needs for a critical meeting, it still
performance, stronger brand value and stands to lose her business permanently.
Today’s customers seem to think the
improved customer loyalty.1
world revolves around them—and To weather the economic and cultural
they are right. Make no mistake, however: achieving transformations now underway and
The global economy has entered a new and sustaining customer centricity is achieve high performance, organizations
and complex phase, as the contours a challenging proposition which grows must refocus the entire experience
of the commercial landscape are more challenging every day. Around the they provide around the desires and
reshaped by unprecedented levels of world, consumer expectations are rising intentions of their target customers—
competition, eroding customer loyalty quickly, and their perceptions are defined from the first impressions created by
and the quickened pace of innovation. through an increasingly complex set of marketing and sales to the day-to-day
Together, these forces have triggered interactions. Moreover, new consumer experience of using a product from
a seismic shift in the balance of power populations are emerging with distinct its initial purchase until it is upgraded
between providers and their customers. needs and preferences of their own. or replaced. They must also achieve
this level of customer-centricity with
This is good news for organizations that With so much changing, few the speed, flexibility and certainty
see the opportunity amid the change organizations are fortunate enough demanded by their market. To make
and align themselves quickly and to maintain a deep understanding of this change, they will need insight,
effectively around a new focal point: what customers want and a clear view leadership and commitment to
delivering a customer-centric expe- of what they really experience—or the excellence—a challenging journey, to be
rience—profitably and consistently— ability to keep experience aligned with sure, but one that must be made.
designed end-to-end around customer expectation. An airline, for example,
perspectives and intentions. Accenture’s may claim success when it gets a
High Performance Business research
1
The Customer Service Dilemma: Balancing Cost
and Quality. Accenture White Paper. 2006.

Customer Relationship Management 3


Drivers of Change

1. Consumerism

Product-centric 2. Commoditization Customer-centric


competition • More options, lower prices differentiation
• Customer portability
• Product ubiquity
• Shorter lifecycles for innovation

3. Convergence
• Industry and channel blurring
• (Retailization)
• Category expansion/bundling
• Extended industry networks

4. Saturation
Seller-drive Buyer-driven
• Over-stored/overcapacity
market market
• Liberalization (Europe and
Free Trade)
• Virtualization (Internet)

Organizations must respond to the forces


reshaping the global economy—or risk
becoming irrelevant and, ultimately, obsolete.

Why customers are product information and the opinions


of other buyers are easily available,
markets will require new insights and
new approaches to marketing, sales
the new focus courtesy of the networked world. and customer service.

For most enterprises, growth comes Accelerating product life cycles pose Another factor helping to tip
from developing new customer or market another challenge. The rapid pace the balance of power away from
segments, bringing new products and of innovation means competitive companies is their own success. While
services to market, or driving more value advantage is increasingly short-lived, learning to satisfy latent customer
from current customer relationships. forcing providers to improve the demand—for speed, efficiency,
impact and velocity of innovation and convenience—organizations also taught
The challenge at the center of all these increasing the damage they incur when their customers to expect more from
growth strategies is their volatile target: a launch backfires or a product fails. all providers. Consider how overnight
today’s customer—more elusive, more delivery became the new normal in the
demanding and more diverse than ever. Increasingly, enterprises must also courier business, or how the ubiquity
Even with providers working harder consider a changing consumer base, of online banking has compelled other
to win their favor, customers seem often including entirely new buyer providers to offer around-the-clock
only to find more to dissatisfy them, segments. The demographics of mature service channels. Hotels with check-in
from shoddy toys to stale vegetables, economies are evolving, and companies lobby kiosks, for example, help late
while finding little dissuade them must respond to changing buyer needs arrivals reach their rooms faster. They
from defecting to competitors. Buyers and values. Also, emerging economies also lead guests to expect all hotels to
today tend to categorize providers into are becoming important consumer offer the same experience.
polar extremes—the “distinctive” and markets in their own right, expected to
“everyone else.” Earning a place in the account for more than half of global Customers have even come to expect
distinctive category has become far consumption by 20252. These “new” every provider to meet the service
more difficult and costly. consumers have distinct characteristics standards set by other industries. Few
and may regard foreign brands with
For one, consumers know more—and uncertainty or doubt. Understanding
their knowledge is power. Detailed and appealing to buyers in these 2
Estimate adjusted for purchasing power
differences.

4 Customer Centricity—The New Axis of High Performance


Differentiated
customer
experience

Differentiation Loyalty Profitable growth

Product and experience define a Competitive moat created around Minimize impact of "me—too"
combination that stands out for customers, who become less price and promotions
target customers sensitive to price and focus on
total value and convenience Entry to new markets/segments
profitably

Designing and consistently executing a


customer experience designed around
customer intentions and preferences helps
organizations respond to market changes
in ways that strengthen their brand,
reinforce customer loyalty and support
profitable growth.

consumers use multiple cell phones experience. Even when customers view Profitable growth. They will minimize
from multiple wireless companies, for their experiences as fair or good, they the impact of “me-too” price and
example—but they do interact with are quick to leave—as switching costs promotions, and make entry to new,
airlines, banks and a host of other decline, even the most revered corporate high-growth markets and customer
providers, and how they are treated by brands are vulnerable. Conversely, segments more profitable and less risky.
these organizations in these industries consumers identify a differentiated
influences how they expect to be treated experience as the chief reason for In short, delivering a differentiated
by their wireless phone company—and choosing a new provider. To address customer experience is the cornerstone
their grocer, cable company, government these myriad challenges to growth, of cost management, customer
institutions and so forth. successful businesses will transform satisfaction and profitable growth. While
their strategies, workforces and many organizations already understand
and even embrace this concept, many
Delivering the operations to be increasingly customer-
centric. By refocusing on delivering also struggle to execute the customer-
differentiated an experience designed to satisfy the centric agenda successfully.
intentions and preferences of target
customer experience customers—through their marketing, Translating strategic objectives into
sales and customer service functions— sustainable results is what separates
In short, today’s customers demand an they will produce significant, sustainable the merely interested from the leaders.
exceptional experience in return for impact on performance. Organizations striving to become high-
their business and loyalty. Being merely performance businesses will replace the
adequate is no longer adequate. Differentiation. They will offer a traditional focus on customer relationship
combination of product and brand management with a focus on customer
According to Accenture research,3 a poor experience that stands out for target experience management. Like star
customer experience is the most-often customers.
cited reason for customer flight. Our
research also indicates that fully half Loyalty. They will create a competitive
of all consumers leave a product or
3
Customer Satisfaction in the Changing Global
moat around customer relationships; Economy: Satisfying new requirements for high
service provider at least once every 12 buyers become less sensitive to price and performance. Accenture 2007 Global Customer
months because of an unsatisfactory focus on total value and convenience. Satisfaction Survey. 2007.

Customer Relationship Management 5


Enterprise agility
Companies foster the
organizational agility
required to effectively
execute customer relevance.

Customer relevance Execution excellence


Market leaders convert High performers implement
advanced customer insight people and business
into value through products, processes and technology
services, experience and capabilities to deliver
marketing. a tailored customer
experience.

Accenture believes that true customer


centricity is founded on three core
principles: customer relevance, enterprise
agility and excellence in execution.

athletes who change the momentum capability development and execution— All three tenets must have the
of the game with a curve ball, a bit to improve business performance and wholehearted support of the senior
of backspin or a sudden pivot on the build customer loyalty. Organizations management team, and they must be
playing field, they will shift away from may transform at different speeds, but combined in a concerted and holistic
the old transactional view of customer transformation is the ultimate goal. approach that revolves around the
interactions, concentrating instead on entire customer experience and which
the accumulative impact of every experi- To center on today’s customer— crosses many functional areas.
ence—across channels and over time. more knowledgeable, demanding
and empowered—high-performance Accenture has identified five imperatives
businesses embrace three principles. for achieving customer-centric benefits—
Becoming customer an integrated set of new and adapted
centric Customer relevance. High performers
convert advanced customer insight
business capabilities designed and
executed to provide differentiated value
Becoming truly customer centric requires into value through products, services, for target customer segments.
something other than more investment experience and marketing.
in sales training, advertising campaigns Becoming customer relevant.
Execution excellence. High performers Customer-centric organizations rely on
or call center technologies. Indeed,
organize and enable their people and segmentation strategies that replace
companies that have embarked solely
create processes and technological the academic with the actionable:
on implementing CRM solutions have
capabilities that enable them to predictive, recognizable and executable
seldom become customer centric because
deliver a tailored and consistent customer insight.
the other dimensions of their customers’
customer experience.
experiences have not changed.
Delivering the differentiated
Enterprise agility. High performers customer experience. Customer
Accenture defines customer centricity
foster the organizational agility centricity depends on a new level
as incorporating the customer’s
required to effectively value, execute of alignment and integration across
perspectives, values and actions into
and sustain customer relevance. customer-facing operations, including
the business and operations strategy,
marketing, sales, customer service and
supply chain operations.

6 Customer Centricity—The New Axis of High Performance


Where Does Your Organization
Stand on the High-Performance
Axis?
Organizations can approach customer centricity in different
ways and move at different speeds across the transformation
spectrum—ranging from tactical improvements in individual
business units to cross-enterprise initiatives. Every path
toward customer centricity, however, should be mapped
according to the issues that matter most.

• How are you responding to the buyer-driven market?

• How well do you know your customers?

• Just how loyal are your customers?

• Is your customer experience differentiating or diluting?

• How are your brand and your experience (stores, products,


metrics) tailored around the world?

• Who in your organization has accountability for the


customer experience across fragmented organizations?

• Do you simply offer multiple channels, or is your customer


experience truly multichannel?

• How do your customers participate in and own the


innovation process?

• Do you know where to place your bet on customer


centricity: on important projects or on a strategic program?

Customer Relationship Management 7


Managing the workforce ecosystem.
Customer-centric organizations
The new physics of Accenture helps senior marketing
executives quickly gather the insights,
recognize that the workforce influencing marketing, sales and tools and processes they need to create
the customer experience is wider in competitive advantage in both mature
today’s networked world and is actually customer service and emerging markets. We focus on
an ecosystem of channel partners and building highly differentiated value propo-
other third parties. Transforming marketing sitions for each target customer segment,
on executing these strategies at speed
Customer-centric performance With account-based marketing now
and on continuously refining marketing
management. Organizations that put an established practice and concepts
strategies and messages. The result: more
the customer at the center of business such as “one-to-one marketing” part of
relevant and more consistent customer
strategy and operations also manage the marketing lexicon, marketers could
experiences that drive profitable growth
their business in a customer-centric be forgiven for thinking they have
by helping to ensure more effective
way, realigning metrics, scorecards and mastered customer centricity.
customer acquisition and retention.
management practices to deliver new
In reality, however, the complexities
customer outcomes. Accelerating growth
of customer-centric marketing have
Customer-engaged innovation. confounded most efforts to understand
In a recent study, 23 percent of orga-
A truly customer-centric organization deeply what customers want today—let
nizations reported that the numbers
involves the customer in shaping the alone anticipate what they may want
of products and services they offer
customer experience. tomorrow. Moreover, the average
have more than doubled in the last
tenure of the chief marketing officer
five years.5 Clearly, the intricacies of
(CMO) at a leading company is only 1.9
the marketing mix can make it seem
4
Russell 3000 Index analysis. Stuart. May 2003. years—leaving a very narrow window for
impossible for customer centricity to
5
Unravelling Complexity in Products and Services. achieving growth and innovation targets.4
be a reality for more than a handful of
Wharton School of the University of Pennsylvania
and The George Group. March 2006. premium customers.

Accenture Marketing Accenture Sales


Transformation Transformation
Societe Nationale des Chemins de In a globalized marketplace where
Fer Francais (SNCF)—the French consumer electronic goods are rapidly
state-owned railway company— is becoming commoditized, Canon
one of the key players in Europe's vast needed to differentiate itself, and
and sophisticated land transporta- the value it provides, in the eyes
tion network. With Accenture's help, of consumers and retailers. With
SNCF has developed a dedicated Accenture's help the electronics
capability to build loyalty and create company transformed its sales
marketing campaigns for its most function by identifying the core
valued customers. According to roles required within the sales force,
CRMServices' CEO, Sylvie Latour: and then devising a curriculum to
"Our new subsidiary, CRMServices, train employees for those roles. The
provides a critical link between loyalty training is now carried out within a
and marketing, and it is on track not newly established Sales Academy and
only to help SNCF generate significant has been responsible for improved
savings, but also to reach three to five skills and behaviors amongst the sales
million customers through targeted staff, as well as higher-than-average
promotions. The support of the customer satisfaction levels. The
Accenture team enabled us to focus company is now well on its way to
on customer marketing and strategy achieving high performance in sales.
and better target our key clients while
optimizing pricing."

8 Customer Centricity—The New Axis of High Performance


Consider Samsung Electronics: With Nevertheless, leading marketers enabling them to quickly develop,
14 product categories across 200 are making progress with customer implement and manage fact-based
countries, Samsung’s marketing centricity. A few years ago, Best Buy marketing strategies. Specifically,
executives manage a complex matrix segmented its customers and crafted we leverage customer centricity by
of customer-centricity options. At specific value propositions for each generating a consistent branded
companies such as Johnson & Johnson, segment, achieving strong economic customer experience across new and
marketers must optimize marketing results that have been widely acknowl- existing target customer touchpoints.
investments across 180 categories edged in the business press. Campbell We further accelerate growth by
in 250 countries: 45,000 category- Soup—which has long dominated the pinpointing the new market, product
country combinations. Then, factor condensed soup market—has also used and services propositions required to
in other dimensions such as product smart customer segmentation to drive win new customers and develop new
proliferation, market segment, channel growth.7 By systematically investi- market spaces.
and media and the complexity of the gating the articulated and unarticu-
challenge becomes staggering. lated needs of its consumer base, the
company has been able to reinvent
Executives understand the magnitude itself—and its market—by introducing a
of the task facing them. Accenture has new generation of product categories
found that more than 60 percent of designed for the needs of a new
cheif marketing officers believe their generation of consumers.
companies are good at developing
growth initiatives; 41 percent say To match these results, companies
they have a strong ability to plan must first understand where and how 6
Innovation and Profitable Growth. Accenture
end-to-end implementation of these to invest their marketing resources and the Economist Intelligence Unit. March 2006.
initiatives; and just 30 percent feel for the best return. Accenture helps 7
Carl Johnson and Henry Rak, “Reframing the
Market to Achieve Transformation Growth,”
they have the ability to execute quickly organizations accelerate growth by Grocery Manufacturers of America Forum,
and stay ahead of the competition.6 Winter 2005.

Precedents and Questions


1543: Nicolaus Copernicus 1687: Isaac Newton formulates 1920s: Edwin Hubble uses
overturns the prevailing three laws governing the Einstein's theory of general
conception of the universe by movement of objects, including relativity to prove that the edges
identifying the "true" center of the rule that for every action of the universe are expanding.
the solar system. there is an equal and opposite In the year 2000, astronomers
reaction. discover that the universe
is, in addition to expanding,
Does your business accelerating.
have the flexibility Can you execute
to stay centered on new customer Does your organiza-
what matters most strategies with tion have the ability
to customers, as certainty of to adapt to changing
their expectations the results? economic forces, at
change? the pace the market
demands?

Customer Relationship Management 9


Transforming sales flexibility and adaptability, they find Accenture helps sales organizations
themselves severely handicapped when identify customer preferences at every
Sales force performance is a major they attempt to reach new buyers, stage of the relationship, and match
challenge in most companies—a expand into new markets or in any way those preferences to the sales talent
consistent concern for chief sales attempt to refocus the sales force on best suited to each stage. We help
officers who know that the overall different goals or methods. them identify critical selling skills
profitability of their enterprise depends and develop stronger approaches to
on either reducing the cost of sales or Enhancing sales performance acquiring, retaining and compensating
boosting the revenue their organization and productivity talented people. We also work with
generates. Yet, according to Accenture sales organizations to determine the
research on high-performance Given the growing complexity of the technologies they need to support their
workforces, as few as 25 percent of sales environment, it’s no surprise professional talent and optimize the
senior sales executives believe their that many organizations have seen latest tools for capturing, analyzing
workforce performs at a high level. a decline in sales force productivity. and sharing business intelligence.
With growth now a focus of the
The chief sales officer is compelled executive suite, sales executives are As a result, we help the sales organiza-
to drive sales revenue further and under extreme pressure. tion boost revenues, increase sales pro-
faster—for example, by entering ductivity and reduce the cost of sales.
new geographic markets or by Experienced salespeople know how We have helped improve our clients’
increasing sales to small and mid-sized to sell existing offerings to existing sales conversions, boosted sales quota
businesses. Tapping these oppor- clients, yet even the most experienced attainment and developed systems
tunities may call for strategies and may struggle to adopt new sales that enable new sales hires to become
approaches that are significantly strategies designed to spur growth: proficient very quickly. By working with
different from those the sales workforce cross-selling, up-selling, capturing new Accenture, sales organizations acquire
understands—for example, driving sales business and reaching new customers. and use deeper customer insights,
through indirect channel partnerships. In fact, Accenture has found that improve selling behaviors, closely align
while more than half of companies sales initiatives with sales strategy and
With product lines growing more believe they are capable of expanding implement stronger sales capabilities.
complex, as new products and service sales with existing customers, only 23
bundles are introduced to meet percent feel equally confident about Transforming customer service
changing customer expectations, an their ability to acquire new accounts.
unprepared or poorly equipped sales Over the last decade, companies
force poses a major impediment to In addition, sales performance tends have implemented more and more
improving sales productivity and to be managed using metrics based on varied interaction channels and the
increasing revenue. the lowest costs of sales. Shifting to customer experience now typically
new metrics that reward salespeople spans multiple touchpoints. With so
A recent Accenture study illustrated for performance across the sales many points of contact to manage, the
the magnitude of these challenges spectrum—from pre-sales through to cost of customer contact is exploding—
by discovering that more than 30 post-sales interactions—requires a level globally, corporations invest billions
percent of chief sales officers of boldness and innovation relatively annually in managing customer
believed they needed to improve the rare in the typical salesforce culture. contact. Yet despite their investment,
alignment between their companies’ customer satisfaction remains low: in a
solutions and their customers’ needs. Accenture believes that companies can recent Accenture survey, for instance,
Nearly 40 percent also conceded that simultaneously reduce their cost of nearly half (47%) of the respondents
they needed to improve the way they sales and boost revenues by focusing said that companies meet their expec-
communicate with customers. on selling behavior and sales intel- tations only sometimes, rarely or never.8
ligence. Giving this key workforce
Most sales organizations, however, access to the information they need Customer service has also grown more
are hard wired to focus on just one to perform higher, and helping both complex. Customers behave the way
element: the sales transaction. In new and existing sales representatives that they want to behave, and will
addition, few have conquered the embody the personalities, competencies contact providers for reasons and in
challenge of making a more customer- and behaviors exhibited by the most ways that can be hard to predict—
centric approach repeatable across successful salespeople, will help the using different channels, for example,
multiple sales opportunities with a enterprise take major strides toward even changing channels in the course
wide range of customers. Lacking both new goals for revenue and productivity. of a single transaction—and their
intentions are not always clear.
8
Customer Satisfaction in the Changing Global
Economy, Accenture 2007.

10 Customer Centricity—The New Axis of High Performance


Accenture Service
Transformation
Mortgage and savings provider HBOS
changed the way its contact center
agents handled calls and selling
opportunities by implementing,
with Accenture, a set of operational
interventions called Perfect Call. As
a result, customer satisfaction, call
handling times, sales conversion and
call consistency have all improved.
HBOS is the United Kingdom's largest
mortgage and savings provider, with
over 22 million customers and 60,000
employees. It employs 6,000 people in
its Retail Contact Centers which are
based at nine locations across the UK.

What is clear, however, is the critical Any company not working to tailor they are doing it in the context of
impact that poor customer service has the customer experience to customer relationship development—protecting
on business performance. Accenture preferences—or any company that still the customer relationships while
research suggests that the majority serves customers the same way it did trimming operating expenses.
of consumers worldwide left at least five years ago—is extremely vulnerable
one provider in the past year because to competition. In our increasingly Accenture has found that achieving
of a bad service experience. However, multi-polar world, competition can widespread, consistent performance
consumers also reward good service: come from virtually any geography, is the result of focusing on three
in our research, consumers identified including emerging economies such as key areas: knowing the customer,
service quality as their foremost consid- India, China, Latin America and Eastern exceeding customer expectations and
eration when choosing a new provider, Europe. In this environment, the ability fulfilling promises to the customer.
and 77 percent reported being much to deliver a satisfying service experience
more inclined to continue doing business may be a company’s best source of Customers want to be recognized for
with a company that delivers a positive sustainable competitive advantage. who they are as soon as they contact
service experience. Yet few companies are distinguishing you: their history, their preferences,
themselves for service quality. their intentions. Leaders, therefore,
Even when customers don’t take the build a blueprint for handling customer
ultimate step of switching providers, Creating advantage through interactions based on detailed
most do not simply accept bad service. customer service knowledge of the customer, and they
When it happens by phone, many execute this blueprint consistently
will ask to speak to a supervisor or Leading organizations, however, drive regardless of how the customer
call back in the hope of getting a growth by delivering a differentiated contacts them—whether they call, come
more helpful representative, thereby experience—designed around customer on line on the web; walk into a branch
increasing call volume and operating intentions and preferences—that is office. This can be tough; at many
costs. Many customers will also tell both satisfying and profitable. These companies, this information tends to
others about their experience—and, in leaders have mastered the new market be scattered throughout the orga-
today’s networked world companies are dynamics that compel them to focus on nization or distributed between the
well-advised to remember the ability becoming customer-centric. They are customer, you and third parties.
that consumers now possess to use the still working to reduce costs but now
Internet to broadcast their criticisms.
Customer Relationship Management 11
Service
strategy

Field service Customer-


and support centric
effectiveness Sales service
strategy
Pace Enterprise Customer Flexibility
agility Sales relevance
Service
delivery process
Marketing design
management strategy
Actionable
segmentation
Loyalty and insight
management
Customer- centric
Billing/ marketing Service
Customer-
customer Customer centric performance
Marketing intentions
credit and ROI Customer data sales management
collections and management
experience
Category,
Marketing product
operations and brand
optimization management
Sales Campaign Trade Sales
operations management promotion channel
optimization management management
Service Pricing Multi-
operations channel
optimization management synchroni-
High-performance Sales incentive zation
sales workforce compensation
Sales and reward
technology
High- enablement Multi-channel
performance self-service
service workforce
Desktop Telephony
and mobile integration and
solutions management

Enterprise
execution

Accenture offers integrated solutions to help Certainty


organizations drive business through cus-
tomer centricity, enabling them to respond
to changing customer expectations, keep
pace with changing market dynamics and
execute with high certainty of results.

12 Customer Centricity—The New Axis of High Performance


Customers today also expect instant zations must become truly customer Moreover, we have identified the crucial
gratification, and quickly become centric, incorporating the customer’s capabilities characteristic of high per-
frustrated when placed on hold perspective, values and actions into formers—such as the ability to develop
or transferred to another agent or their business and operations strategy, and consistently deliver a differentiated
directed to another store. Frustrated capability development and execution. customer experience. Acquiring these
customers are also difficult to For many organizations, this may prove capabilities—quickly, cost-effectively and
persuade to buy more or buy more to be a hard transition to make. with maximum performance impact—has
often—they are in fact difficult even to long been a challenge for companies.
keep as customers. Leaders more than Accenture will help chart the most Today, it’s an even greater challenge. The
meet customer intentions—they exceed intelligent and practical course to technology, for example, that enables
them. Moreover, they deliver on their achieve high performance in a world the front-office capabilities needed to
promises at the right time and every that is increasingly “multi-polar,” drive loyalty and growth is undergoing
time, whether that is a day, a month or with economic growth occurring in dramatic changes. While technology
even a year after the original sales. virtually every geographic region and providers offer many more options today,
interdependency an essential part of many of these options are unproven
Accenture helps organizations global business. or unfamiliar, and no single solution
transform the way they serve their provides everything organizations need
customers by addressing all three of Our knowledge of customer centricity— to achieve customer centricity.
these dimensions. We begin by helping gained through extensive market
our clients create deep insight into research, and our deep experience, Accenture offers a fully integrated
customer intentions and preferences, accumulated through years of client set of solutions and services to
and translate these insights into work—combine to create a powerful address every dimension related to
profitable actions. We also help them resource for transformation. Accenture creating a satisfying, lasting and
leverage the latest technology and will help quickly develop new growth profitable customer relationship—
process innovations for optimizing strategies in light of changing consumer from customer segmentation and
the performance of customer service demands and new market opportunities. analytics, to market and customer
operations. Through this combination We help operationalize new approaches strategy development; from
of insight, innovation and operational to customer segmentation, producing marketing and sales optimization to
excellence, we help drive growth, more relevant offerings and better dif- service management and contact
and shareholder value by delivering ferentiated service experiences. And we optimization. We also offer integrated
a more satisfying, more profitable help execute these models, quickly and services for managing key operational
customer experience—while simultane- effectively, across the supply chain. elements—such as data management,
ously reducing the cost of delivering campaign management and contact
customer service. A legacy of leadership center management—on an ongoing
basis, to ensure the effective delivery
For nearly two decades, Accenture has
Accenture: Your guide been a trusted advisor to the world’s
of an optimal customer experience.

to customer centricity largest enterprises on their customer-


focused strategies and operations.
This is a time of tremendous potential Our work is grounded in research-
and enormous challenge. Rapid based insights and unmatched
commoditization and extreme price delivery experience.
pressure are eroding traditional sources
of competitive advantage. Increased Accenture’s groundbreaking research
competition is undermining customer into the defining characteristics of
loyalty. While emerging markets offer high-performance businesses and
significant growth opportunities, at the governments spans 36 industry
same time, their very newness presents segments and more than 6,000
significant challenges. companies. Through this research, we
have determined that the ability to
In this increasingly complex world, the win customer loyalty is the defining
ability to deliver a satisfying service characteristic of high performance in
experience is the most powerful source marketing and customer management.
of sustainable competitive edge—nothing Organizations that enjoy strong
else compares. To deliver the kind of customer loyalty also realize higher
differentiated customer experience margins, revenue growth and
that drives high performance, organi- shareholder value.

Customer Relationship Management 13


Our solutions and services help orga- management. Our reputation and Based on the scope and depth of
nizations drive business performance success also attracts the market’s our capabilities, Accenture is widely
through customer centricity, by enabling top talent—seasoned professionals recognized as the leading provider
them to keep pace with evolving market from leading technology and service of solutions and services that help
conditions, achieve the flexibility to organizations who have proven their clients achieve high performance. In
respond quickly to changing customer ability to succeed in both consulting recognition of our strengths, CRM
expectations, and execute differenti- and operations management roles. magazine has named Accenture as
ated customer experiences with a high We have organized our professional the CRM consulting market leader for
certainty of results. development programs to ensure several consecutive years.
our people continue to build deep,
Continuous investment in innovation specialized skills in marketing, sales
keeps our offerings on the leading and customer service.
edge, by translating our client work
into repeatable solution components— Our client teams leverage a global
including several patents granted or network of Accenture-operated and
pending—which speed delivery and third-party facilities, as well as—when
accelerate benefits, while reducing the preferred—the client’s own resources.
risk of implementing new capabilities. This hybrid approach enables us to offer
a mix of delivery and sourcing options
Accenture continuously sets new ideally suited to the client’s performance
standards of excellence in managing targets—an innovative alternative
customer relationships, through to acquiring CRM infrastructure and
innovative application of new tech- execution capabilities that optimizes the
nologies and through breakthroughs balance of cost, quality and scalability.
in business process design and

14 Customer Centricity—The New Axis of High Performance


About Accenture performance with additional research,
High-Performance Research including an annual survey of
consumer expectations and attitudes
To examine the impact of customer concerning customer service. The most
loyalty and how marketing and recent Accenture Customer Satisfac-
customer management can help tion study surveyed more than 3,500
companies increase margins and consumers in Australia, Brazil, Canada,
build shareholder value to become China, France, the United Kingdom and
high performance, Accenture initially United States.
conducted qualitative and quantitative
research on a sample set of decision
makers at more than 700 business-to-
business and business-to-consumer
companies globally. The research
identified and correlated specific
capabilities with financial performance
while pinpointing how these capabilities
create and enhance customer loyalty
to contribute to margin, growth and
shareholder value. Accenture has
since extended these insights in high

For more information about developing About Accenture Accenture’s Customer Relationship
and successfully executing customer- Management service line helps
centric strategies that help your Accenture is a global management organizations achieve high
organization achieve high consulting, technology services and performance by transforming their
performance, visit our web site outsourcing company. Combining marketing, sales and customer service
at accenture.com/centricity unparalleled experience, comprehensive functions to support accelerated
capabilities across all industries and growth, increased profitability and
business functions, and extensive greater operating efficiency. Our
research on the world’s most successful research, insight and innovation,
companies, Accenture collaborates global reach and delivery experience
with clients to help them become have made us a worldwide leader,
high-performance businesses and serving thousands of clients every year,
governments. With 178,000 people in including most Fortune 100 companies,
49 countries, the company generated across virtually all industries.
net revenues of US$19.70 billion for
the fiscal year ended Aug. 31, 2007. Its
home page is www.accenture.com.

Customer Relationship Management 15


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