ROAR Members

Podcast ¦ Next In Queue: How Can I Help featuring Dr. Rachel Hitt

Access the full podcast series here Key Takeaways Prioritising Patient Care: The importance of placing patient care above financial considerations in healthcare settings. Active Listening and Empathy: The role of these skills in enhancing patient experiences and outcomes. Systemic Challenges: Recognition of issues within healthcare, such as administrative burdens and inadequate staffing. Technology in Healthcare: The need for technology to facilitate, rather than hinder, patient-provider interactions. Word Choice: Understanding the significance of language when communicating with patients, especially regarding serious… Read more

Podcast ¦ RO-AR.com: Voice Analytics Transformation and AI

Access the full podcast series here Key Takeaways The prevalence of voice analytics has significantly increased due to advancements in cloud computing and AI technologies. Transcription accuracy has improved, enabling the training of AI systems to recognise industry-specific terminology and acronyms. Real-time transcription capabilities are now being utilised, providing actionable insights during live calls to enhance customer support. Quality Assurance (QA) is a primary application of voice analytics, driven by regulatory compliance, such as FCA consumer duty. Organisations are increasingly… Read more

Podcast ¦ Punk CX: The five promises of personalization – Interview with Mark Abraham and David Edelman

Access the full podcast series here Key Takeaways Personalization as Strategy: Personalization transcends marketing tactics; it is a comprehensive strategy aimed at enhancing customer experiences and value propositions. Collaborative Efforts: Effective personalization necessitates collaboration across various organizational functions, including marketing, operations, and customer service. Overcoming Complacency: Many brands are hindered by complacency, often believing they are doing enough when there is substantial room for improvement. Growth Potential: Successful personalization can lead to growth rates up to 10 percentage points higher… Read more

INSIGHTS+ ¦ PS24/2 Strengthening protections for borrowers in financial difficulty

Recent updates to the FCA’s CONC 7 rules (PS24/2) represent a significant advancement in protecting consumers facing financial difficulties, particularly those using mortgage and consumer credit products. These changes, set to take effect in November 2024, are crucial as they provide stronger, more comprehensive support mechanisms for individuals at risk of or already experiencing financial hardship. By integrating key aspects of the coronavirus Tailored Support Guidance (TSG) into formal regulations, the new rules extend beyond temporary pandemic-related relief, making consumer… Read more

INSIGHTS+ ¦ TSB Final Notice – FCA – Summary of findings

A summary of the final notice from the Financial Conduct Authority (FCA) regarding TSB Bank's handling of customers in financial difficulty, particularly between June 2014 and March 2020. The FCA found that TSB breached key principles concerning vulnerable customers, especially those struggling with mortgage payments, overdrafts, credit cards, and loans. Key findings included: TSB failed to appropriately manage arrears and customers in financial difficulty, affecting 232,849 customers and leading to £99.9 million in redress. A Skilled Person’s review revealed that… Read more

Podcast ¦ CX Passport: The one where emotions drive experiences – Ariana Bucio COO at BP Gurus E183

Access the full podcast series here ### Key Take Aways 1. Customer experience should be approached as a designed and intentional process rather than an ad hoc effort. 2. Recognizing the inherently human aspects of customer interactions is crucial for effective service delivery. 3. A holistic view of the customer journey is essential, especially in the evolving digital landscape. 4. Companies should focus on emotional connections with customers to enhance overall satisfaction and loyalty. 5. Achieving positive customer experience requires investing… Read more