The Age of Customer Centricity

In today’s connected world, customers have more power than ever before. Social media is how we share & talk about our experiences. They influence our perceptions of brands & the choices we make just as much, if not more, than, traditional media. In the wake of the economic strains, companies are seeking to streamline operations. The best way to achieve this is to be customer centric. But what does this really mean? In reality most businesses actually fail to grasp the answer. For one, It’s not simplistically instruct-ing your employees to put on a smile and give a warm greeting. In fact, it’s vastly deeper than that and works across the three distinct yet essential following levels:

The Customer Perspective

In a recent survey conducted by Brandcell, “efficiency, quickness, and responsiveness” emerged as the most important elements of a great service (63%). As such, understanding the customer perspective and then bringing it inside the company is key to start. Some companies may proclaim to be doing customer satisfaction surveys. This can only give a partial view; ‘the What’, but lacks to answer ‘the Why’; why people or customers behave & feel this way. More so, people tend to say one thing & do another.

How Research Misses The Human Behind The Demographic

Deutsch’s Douglas Van Praet discusses how focus-group feedback, and the whole notion of the consumer, are misguided and how research should focus on understanding the unconscious and improving human lives.


Understanding the unconscious and improving human lives.

Whenever  the word "consumer" is heared, a term unavoidable in marketing, a certain part winces. The label is counterproductive and misguided, suggesting hubris by putting corporate interests over customer concerns. The worst offense is that it presupposes a response you haven’t earned yet. Their purpose is not to consume your product!

10 Companies Putting Empathy Into Action

Balance Goals

Today's top employers are doing much more than providing a good salary and basic benefits to recruit and retain employees. In fact, some employers are trying to empathize with employees' personal needs as much as they focus on their professional needs. You've heard of on-site fitness classes — but how about on-site health clinics? Unlimited vacation is nice — but wouldn't a flextime schedule better match your work-life balance goals?

For companies that offer these and other "personal" benefits, the potential payoff is promising — based on a recent report, UK consultant group Lady Geek found that the most empathetic companies increased in value more than twice as much as the least empathetic companies in 2015.

How do you measure "empathy"? Lady Geeks defines the term as "a cognitive and emotional understanding of others' experiences" and consults clients on how to engage with customers and employees holistically. Their analysis uses a variety of metrics, such as CEO approval ratings, gender ratios on the board, brand controversy (such as scandals and fines) and sentiment on the company's social networks. 

Below are the 10 companies that topped their Global Empathy Index — and a little something to learn about empathetic policies from each.