95. How to transform customer experience and lead your team to success
Feb 15, 2024
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Join Jess as she delves into the dynamic world of digital transformation with Betsey Chung, a seasoned leader in global marketing and digital strategy. They explore Betsey's journey from CFO to CMO and her insights gained from top organizations. They discuss the importance of vision in driving customer experience, the power of personalized solutions, and the importance of advocating for teams. They also talk about understanding consumer needs, personal interests, and share their admiration for the Four Seasons brand.
Starting with a compelling vision that prioritizes customer experience is crucial for successful digital transformation.
Companies in the financial industry should prioritize being customer advocates and provide valuable financial education to address consumer needs.
Deep dives
Creating a Customer-Centric Organization
Betsy Chung, a veteran global CMO, shares insights on how companies can be intentional about customer experience. She emphasizes the importance of starting with a compelling vision that places customer experience at the core of operations. Betsy shares examples from her experience at American Express, BMO, and TD Bank, where customer experience was a driving force. She also discusses the use of tools such as voice of the customer feedback, personalization, and employee listening to optimize customer experience. Betsy highlights the significance of addressing customer irritants and the need for a multidisciplinary team approach to resolve challenges.
The Importance of Being a Customer Advocate
Betsy Chung emphasizes the need for companies to prioritize being a customer advocate, particularly in the financial industry. She discusses the rising interest rates and the impact on consumers, highlighting the importance of financial education and providing customers with valuable content. Betsy believes that now is the time for financial institutions, as well as other industries, to focus on delivering exceptional customer experiences. She also underscores the role of balanced scorecards in monitoring customer and employee experiences.
Empowering Individuals and Developing Leaders
Betsy Chung shares her passionate opinion on leadership and the importance of advocating for your team. She believes in making a difference in someone's life, empowering individuals to find their voice and confidence. Betsy reflects on her own journey and the challenges she faced as a non-native English speaker, emphasizing the value of giving people the space to share their ideas. She also discusses the role of leadership in fostering personalization and delivering exceptional experiences. Betsy concludes with her hot take on the future of the financial industry, highlighting the need for a customer advocate and financial education.
In this episode, host Jess Gaedeke uncovers Betsey Chungs's unique journey from CFO to CMO and her insights gained from diverse experiences at top organizations like TD Bank, American Express, and BMO. Together, they explore the importance of vision in driving customer experience, the power of personalized solutions, and the key milestones in measuring success.
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