To increase customer satisfaction and employee engagement, insurance and financial services organizations must adopt performance management technology that efficiently aligns their call centers around common data sets and goals, new research reveals.
Nice Systems Ltd. arrives at this conclusion in a 2013 performance management benchmark study based on responses from 130 call centers, including organizations engaged in financial services (26 percent) and insurance (20 percent). The report examines call center trends and best practices and highlights opportunities for improving customer experience and employee engagement.
The report indicates call centers are communicating performance results through more channels than in 2006, when NICE Systems last surveyed the market. Among the report’s findings regarding channel use:
Channel |
2013 |
2006 |
Online bulletin board |
20 percent |
5.9 percent |
Personalized online dashboard/report |
51 percent |
25.7 percent |
Hard copy report |
39 percent |
19.8 percent |
Communicated verbally |
60 percent |
10.9 percent |
Wallboards/whiteboards |
33 percent |
3.0 percent |
Other |
5 percent |
7.9 percent |
“While increased communication emphasizes the importance of performance, it exacerbates the multiple sources of [information] challenge,” the report states. “There is a huge opportunity for organizations to focus attention and communication on a single channel. Otherwise, the risk of overwhelming and confusing the frontline increases substantially.”