{"id":1051170,"date":"2024-03-07T12:55:40","date_gmt":"2024-03-07T20:55:40","guid":{"rendered":"https:\/\/customerthink.com\/?p=1051170"},"modified":"2024-03-07T12:55:40","modified_gmt":"2024-03-07T20:55:40","slug":"24-ways-2024-customer-experience-is-smarter-cx-ex-part-3-of-4","status":"publish","type":"post","link":"https:\/\/customerthink.com\/24-ways-2024-customer-experience-is-smarter-cx-ex-part-3-of-4\/","title":{"rendered":"24 Ways 2024 Customer Experience is Smarter: CX = EX (Part 3 of 4)"},"content":{"rendered":"

\"EXEmployee experience (EX) goes hand-in-hand with customer experience (CX). It’s like the chicken and the egg: which comes first? Neither. Both rely upon one another for existence. <\/p>\n

EX and CX are immature fields of practice. That’s true in every industry and nation. We’re still learning and correcting inaccurate assumptions<\/em>: How do CX and EX fit together? What leads to what? How can we manage these vital areas more wisely for stronger results?<\/p>\n

I discovered many things nobody had talked about while I was writing and speaking about EX and CX in 2023. This article summarizes these discoveries. <\/p>\n

This is a 4-part series of 24 things we know in 2024, that we didn’t know a year earlier. Discoveries 1-4 are described in part 1: Customer Experience Value<\/a>. Discoveries 5-9 are summarized in part 2: Customer Experience Metrics<\/a>. Discoveries 16-24 will be explained in part 4 for CX Strategy.<\/em><\/p>\n

Now, for employee experience’s reciprocal effects on customer experience, here are discoveries 10-15.<\/p>\n

Employee Experience & Customer Experience<\/h2>\n

10. CX=EX<\/h3>\n

Everything noble about customer experience is a lesson for employee experience<\/a>, and vice versa. <\/p>\n

This goes way beyond empathy for customer-facing employees. Customers experience the collective outputs of every department<\/em> in your company. Accordingly, all employees affect customer experience.<\/p>\n

Shockingly, 58% to 80% of employees are NOT very motivated, as reported in the Employee Motivation and Commitment Index (September 2023). This means poor employee experience is causing poor customer experience<\/a>.<\/p>\n

\"Employee<\/a>
\nThis horrible motivation trend is costing you dearly, with ongoing consequences to the economy (interest rates, etc.) and customer experience. <\/p>\n

\"Inflation\"<\/a><\/p>\n

Customers are suffering the most<\/strong>. Inflation, skimpflation, and shrinkflation<\/a> are the post-pandemic theme for the majority of products and services. <\/p>\n

I say customers are suffering more than employees, because every person in the world is a customer, while employees are a subset of the world population. And poorly-motivated employees are driving lower value to customers, not vice versa.<\/p>\n

You may point out that inflation is on a downward trend. However, prices are quite a bit higher than 2019. And inflation statistics do not account for lower quality and smaller sizes we all see now.<\/p>\n

You may say your surveys show good CX despite the trends shown above. Keep in mind that your surveys are not asking how well customers are doing now versus how well they were doing in 2019.<\/p>\n

Be creative<\/a> to never reduce value<\/strong> to the hands that feed you: customers and employees. Always increase value to them, just as you expect ongoing increases in value to investors!<\/em> <\/p>\n

When you reduce value to employees and customers, you’re robbing investors of the gains you could and should be generating for them.<\/p>\n

The CXM team holds the keys to reversing this, due to their analytical and operational strengths. Don’t rely on Human Resources to manage employee experience. The EX fiasco of low motivation, quiet quitting, and angst at every managerial level<\/a> is evidence that 2010s EX methods are grossly insufficient for today. HR strengths are not in market research, human-centered design, nor Lean\/Six Sigma to drive urgent, enduring EX change. Your CXM team requires these strengths for enduring CX ROI.<\/p>\n

The degree that your company is centered on customers’ well-being determines the degree of smoothness or chaos for employees. When the CXM team leads EX, then everything lines up. Customers pay for salaries, budgets, and profit sharing. As such, customers’ well-being is a perfect rallying point for EX. Customers’ goals provide purpose and context for employees. <\/p>\n

So, first, discover the top 3 themes your customers are pursuing with your brand. Then, shape employees’ capabilities to deliver those 3 themes with no gaps between what’s promised and delivered.<\/p>\n

11. Ask about them, instead of asking about your brand<\/h3>\n

Post-pandemic, there is a hunger for shared values, mutual respect, trust, and value<\/strong>. <\/p>\n