Report: The State of Customer Experience Management, 2013

StateOfCX2013_COVERWe just published a Temkin Group report, The State of CX Management, 2013. The research shows where large companies are along their customer experience journeys. Here’s the executive summary:

We surveyed more than 200 large companies and found an abundance of Customer Experience (CX) ambition and activity. Most companies have a CX executive leading the charge, significant CX activities being coordinated by a central team, and a staff of six to 10 full-time CX professionals. Using Temkin Group’s CX competency assessment, we found that only six percent of companies have reached the highest two levels of customer experience maturity as firms struggle the most to master Employee Engagement and Compelling Brand Values. When compared with CX Laggards, CX Leaders have stronger financial results, more CX ambition, more CX leadership, and they are more successful with their employee engagement efforts. Executives in companies with stronger CX competencies also focus more on delighting customers and less on cutting costs.

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Here are some of the findings from the research:

  • While only eight percent of companies believe that they are leading their industries in CX today, 62% have goals to be the best within three years
  • Sixty-one percent of respondents have a senior executive in charge of the company’s overall CX efforts and 71%  have a centralized CX group
  • The median firm in our study has six to 10 full time CX employees
  • Seven out of ten respondents identified “other competing priorities” as a significant obstacle to their CX efforts
  • Only six percent of the companies that completed our CX Competency and Maturity Assessment have made it to the top two levels of maturity, Align and Embed
  • We compared companies with leading CX efforts with other firms and found that they have better financial performance, more centralized CX activities, better employee engagement, stronger employee engagement, and more management attention to corporate culture

CxLeadersLaggards

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The bottom line: Most companies remain in the early stages of CX maturity

About Bruce Temkin, CCXP
I'm an experience (XM) management catalyst; helping organizations improve results by engaging the hearts and minds of their employees, customers, and partners. I enjoy researching and speaking about these topics. I lead the Qualtrics XM Institute, which is the world's best job. We're igniting a global community of XM Professionals who are inspired and empowered to radically improve the human experience. To achieve this goal, my team focuses on thought leadership, training, and community building. My work is driven by a set of fundamental beliefs: 1) Everything starts and ends with human beings, so you need to understand how people think, feel, and behave; 2) XM is a discipline that needs to be woven throughout an organization's entire operating fabric; and 3) Building the XM discipline requires a combination of culture, competency, and technology.

3 Responses to Report: The State of Customer Experience Management, 2013

  1. Olga Budieri says:

    Thank you Bruce, looking forward to reading this report. Regards

  2. Customer experience is a key indicator of business success (or lack thereof) today. Customers have the power, and they know it. There are so many outlets today, specifically online, that customers can’t share their experiences. Therefore it’s necessary to do everything possible to keep them happy.

  3. Thank you Bruce. Customer Engagement cannot happen without Employee Engagement in most organizations yet many organizations struggle in getting the latter to improve. In many companies I’ve worked managers don’t take the time for the most basic rule in Employee Engagement. That is, explaining your team what the GOAL is and how THEY CONTRIBUTE to its achievement. As a result, lack of engagement and lack of customer engagement.

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