enriching service with a holistic view · the end game is to delight our customers by thinking...

13
Medallia © Copyright 2017. Enriching service with a holistic view: How MassMutual leveraged culture to refocus on its customers Presented by: Una Morabito Senior Vice President MassMutual

Upload: others

Post on 25-Jul-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

Enrichingservicewithaholisticview:

HowMassMutualleveragedculturetorefocusonitscustomersPresentedby:

UnaMorabitoSeniorVicePresidentMassMutual

Page 2: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

35,000employerswhoofferourretirementplansorprotectionproducts.

Weareamutuallyownedfinancialservicecompanyofferingarangeoffinancialstrategiesandsolutions.

Tohelppeoplesecuretheirfutureandprotecttheonestheylove.

Page 3: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

MassMutual

AtMassMutual,ourfirstpriorityisensuringthesatisfactionandloyaltyofourcustomers.Butthatmissiontakesmanyformsandapproachesaswehaveseveral

differenttypesofcustomers.

MassMutualworkswithFinancialProfessionalstodistributeourinsuranceandretirementproducts.Weprovideservicesbusinesstobusinesstoindividualplanparticipantorpolicyholder.

Howwedobusiness…

Page 4: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

TheValueChain

MassMutual FinancialAdvisor Employer Participant

CustomerFeedback

Page 5: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

Asthebarcontinuestoriseforcustomerservice,it’snotenoughtosolveproblems.Weneedtoanticipateourcustomers’needsanddelightthem.

It’sa‘MeMarket’

• Appealingtocustomersindividually

• Harnessingsocialmedia

• Goingbeyondbasicdemographics

Page 6: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

Bytransformingourculture,wehavetransformedourcustomerexperience.

Page 7: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

We’vemadeasignificantinvestmenttotakeourCXprogramtoahigherplane.Weareatthecenteroftheexperience,connecting:

TheCXinvestment

• 35,000plansponsors

• 3millionparticipants

• Morethan5,100AdvisorsandThirdPartyAdvisors

Page 8: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

“Throughopenandhonestfeedbackfromourplansponsors,wegetinsightsintowhatourclientslikeandwhatweneedtoimprove.”

- LeanneSmith,ManageratMassMutual

Feedbackishelpingensurethatweconsiderthevoiceofthecustomerineverydecisionwemakeandallowsustotakeimmediateaction.

Voiceofthecustomer

Page 9: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

• HelptheAdvisorsweworkwithimprovecustomerservice

• 360-degreeview

Solutionorientedcustomerexperience

PlanSponsors

FinancialAdvisors

Participants&PolicyHolders

.

.

.Reactive Proactive

Page 10: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

“Peopledon’twantquarter-inchdrills—theywantquarter-inchholes.”TedLevitt,HarvardBusinessSchool

Page 11: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

Connecting.Tracking.Improving.Transparencyiskey.Feedbackistellinguswhatwedowellandenablingustosolveproblemsinrealtime.

Page 12: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

Theendgameistodelightourcustomersbythinkingabouttheirneedsbeforetheydo.

Delightingbyanticipating

PositiveExperiences=

Loyalty=

Opportunity

“It’snotthecustomer’sjobtoknowwhattheywant.”

- SteveJobs

Page 13: Enriching service with a holistic view · The end game is to delight our customers by thinking about their needs before they do. Delighting by anticipating Positive Experiences =

Medallia © Copyright 2017.

©2017MassachusettsMutualLifeInsuranceCompany,Springfield,MA.Allrightsreserved.www.massmutual.com.MassMutualFinancialGroupisamarketingnameforMassachusettsMutualLifeInsuranceCompany(MassMutual)anditsaffiliatedcompaniesandsalesrepresentatives.RS-42141-00