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Reza Soudagar - The Customer Experience Edge: Technology and Techniques for Delivering an Enduring, Profitable and Positive Experience to Your Customers

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The Customer Experience Edge: Technology and Techniques for Delivering an Enduring, Profitable and Positive Experience to Your Customers: summary, description and annotation

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This excellent book makes it quite clear that your business has to focus on customer experience for 21st-century business success. Its more than refreshing to read the multiple case studies and well thought out approach and to hear the experienced voices of these authors. Youve spent way too much time reading this endorsement. Read the book instead. Its so worth it.
Paul Greenberg, author of CRM at the Speed of Light

To differentiate yourself and delight your customers, you must manage your customers experience with your goods or services, and your company. This invaluable book will show you why you must do this, and how to do it well.
Henry Chesbrough, author of Open Innovation and Professor at the Haas School of Business, University of California Berkeley

Technology advances are raising the human expectation of what an experience with a company can and should be. Finally, a book has been written that combines behavioral psychological, micro-economic, and technological considerations defining the customer experience edge.
Paul DAlessandro, Partner, PricewaterhouseCoopers

As we move from Customer Experience 1.0 to Customer Experience 2.0, organizations and practitioners need a solid blueprint for success. Reza, Vinay, and Volker have created a clear and concise guide based on global best practices and proven principles. If you are ready to transform your organization, start by reading this book.
Lior Arussy, President, Strativity Group, and author of Customer Experience Strategy

The Customer Experience Edge is an excellent book to gain insights on how to leverage customer experience as a competitive advantage. The case studies serve as recipes that can be added to, modified, or simply baked into business plans to improve or deliver an exceptional customer experience.
Deb Dexter, Customer Service Director, Cardinal Health

About the Book:

Globalization and advanced technologies have given ever greater power to the person who decides if your business will succeed or failthe customer. Whether your company serves consumers or other businesses, you can no longer compete on price and quality alone. To gain profits and market share, you have to deliver an experience that makes customers want to come backand that sets you apart from the competition. You need to seize The Customer Experience Edge.

Drawing on over sixty years of experience in shaping customer centric strategies and technologies for leading companies, three innovators bring you practical and proven ways to create your customer experience programs and overall business strategies. The key is to strike a balance between programs that are effective but prohibitively expensive and programs that fail to dedicate enough resources to be effective. In the middle ground lie the tools that everyone overlooksfoundational and disruptive technologies. These are the authors main fields of expertise, and these are what make the customer experience profitable.

The Customer Experience Edge explains how to combine strategy, leadership, organizational change, and technology to:

  • Develop products and services that are highly valued by customers
  • Form bonds that keep clients from turning to competitors
  • Transform customers into your best advocates
  • Its a new world of business, and customers are keenly aware that their loyalty is valuable currency. The Customer Experience Edge gives you a cost-effective, sustainable way to provide an unforgettable experience that builds...

    Reza Soudagar: author's other books


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    THE Customer Experience EDGE

    THE Customer Experience EDGE

    Technology and Techniques for Delivering an Enduring, Profitable, and Positive Experience to Your Customers

    Reza Soudagar, Vinay Iyer,
    and Dr. Volker G. Hildebrand

    Copyright 2012 by Reza Soudagar Vinay Iyer and Dr Volker G Hildebrand All - photo 1

    Copyright 2012 by Reza Soudagar Vinay Iyer and Dr Volker G Hildebrand All - photo 2

    Copyright 2012 by Reza Soudagar, Vinay Iyer, and Dr. Volker G. Hildebrand. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher.

    ISBN: 978-0-07-178696-6
    MHID: 0-07-178696-1

    The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-178697-3, MHID: 0-07-178697-X.

    All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps.

    McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. To contact a representative please e-mail us at bulksales@mcgraw-hill.com.

    Information attributed to Forrester Research Inc. is proprietary to Forrester, and Forrester retains sole ownership of that information. Forrester is the owner of the copyright and all other intellectual property rights in the information attributed to Forrester.

    The information in the appendixes is copyright by Bloomberg Businessweek Research Services and is reprinted with their permission.

    TERMS OF USE

    This is a copyrighted work and The McGraw-Hill Companies, Inc. (McGraw-Hill) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not decompile, disassemble, reverse engineer, reproduce, modify, create derivative works based upon, transmit, distribute, disseminate, sell, publish or sublicense the work or any part of it without McGraw-Hills prior consent. You may use the work for your own noncommercial and personal use; any other use of the work is strictly prohibited. Your right to use the work may be terminated if you fail to comply with these terms.

    THE WORK IS PROVIDED AS IS. McGRAW-HILL AND ITS LICENSORS MAKE NO GUARANTEES OR WARRANTIES AS TO THE ACCURACY, ADEQUACY OR COMPLETENESS OF OR RESULTS TO BE OBTAINED FROM USING THE WORK, INCLUDING ANY INFORMATION THAT CAN BE ACCESSED THROUGH THE WORK VIA HYPERLINK OR OTHERWISE, AND EXPRESSLY DISCLAIM ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. McGraw-Hill and its licensors do not warrant or guarantee that the functions contained in the work will meet your requirements or that its operation will be uninterrupted or error free. Neither McGraw-Hill nor its licensors shall be liable to you or anyone else for any inaccuracy, error or omission, regardless of cause, in the work or for any damages resulting therefrom. McGraw-Hill has no responsibility for the content of any information accessed through the work. Under no circumstances shall McGraw-Hill and/or its licensors be liable for any indirect, incidental, special, punitive, consequential or similar damages that result from the use of or inability to use the work, even if any of them has been advised of the possibility of such damages. This limitation of liability shall apply to any claim or cause whatsoever whether such claim or cause arises in contract, tort or otherwise.

    To my biggest fan and best critic, my wife, Karen, for her encouragement and support.

    REZA SOUDAGAR

    To my patient wife, Rupa, who did the harder work of taking care of our kids, Rudradaman and Mandakini, so that I could write.

    VINAY IYER

    To my kids, Romy, Ryan, and Kay, for consistently creating the most important and most delightful experiences in my life.

    VOLKER HILDEBRAND

    Contents

    PART I
    CUSTOMER EXPERIENCE: THE NEW COMPETITIVE BATTLEGROUND

    PART II
    MAKING IT HAPPEN

    PART III
    TECHNOLOGY: THE CORE INGREDIENT

    PART IV
    SUSTAINING THE WOW

    Foreword

    THE WORLD IN WHICH WE HAVE TO DO business today is certainly different. Dramatic shifts in technology, social networking, the democratization of information, globalization, and the recent economic climate have all altered the old ways of doing business and engaging with customers. In the 1990s, companies focused on reengineering their internal processes and operations to achieve greater supply chain and manufacturing efficiencies. In the early 2000s, the focus shifted to taking full advantage of the efficiencies that were possible by using the Internet to sell goods and provide services.

    However, in the second decade of the twenty-first century, the focus is shifting from the inside out to the outside in. Our company, CEMEX, is a leading global supplier of building materials such as cement, ready-mix concrete, and aggregates. At CEMEX USA, we have realized that running the business from the customers point of view is our competitive advantage.

    As I read the case studies and other insights in this book, I realized that we are not alone in this journey. The experience that companies create for their clients and prospects is driven not by industry, company size, or geographic location, but by a much broader customer perspective. CEMEX is in the building materials business, but when we are talking about the customer experience, our competitors are not only companies within our industry, but also FedEx, Apple, Amazon, Marriott, Disney, and other customer experiencefocused companies discussed in this book.

    The people who deal with us day-in and day-out are also consumers of other products and services. The customer experiences that they realize in their personal lives have influence in their professional lives. When a consumer can easily buy a book or a video or reserve a hotel room through his smartphone, he questions why he cannot get the same level of effortless shopping when he is buying products from us.

    The Customer Experience Edge is not just a high-level view of how organizations should improve the experience they offer their clients. I am a process guyI want to know what is behind the curtain. This book describes how the corporate culture, strategy, execution, and technologies need to be harnessed to provide a positive and profitable customer experience. While it is easy for a customer to ask for a better experience, we have learned, and this book shows, that it is difficult for a company to become customer-centricespecially if it has to deliver that experience consistently and profitably to thousands of customers.

    First, there must be top-down support from management and then a bottom-up commitment from the organization. As my colleague Ven Bontha explains in the book, in 2003 we used a customer survey to determine what our customers liked and did not like about our service. Those data provided both top management and the rest of the organization with a road map on how best to implement an effective customer experience program.

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