Showing posts with label CXO. Show all posts
Showing posts with label CXO. Show all posts

Wednesday, August 20, 2014

Everyone else but Customer

Objective of Banks is to serve customers & for that matter objective of any enterprise. 

Look at the composition of PSU banks boards ;

  • 1 Govt Nominee
  • 2/3 Share holder Nominee
  • 1 RBI Nominee
  • 1 Workmen Nominee
  • 1 Officer Employee Nominee
Where are the advocate of CUSTOMERS in the board? 

Mostly Bank's customer services are pathetic perhaps this is the reason. Competition is forcing banks to become customer centric  but unless customer service/experience is given core focus and customer champions are given board and CXO level position it wont be sustainable.   

We seriously need customer champions not only in the boards of banks but every company.

When customer experience creation capability is the sustainable competitive advantage business cant become customer centric unless voice of customer reaches the highest decision making forums. 

Saturday, May 14, 2011

Who U R defines What U do!!!

Company Board is Responsible to the Share Holders. Rest all are responsible to the CUSTOMERS.However internal focus of the company and designations in vogue is making life complicated and working in silos a norm. If the tone at the top is CUSTOMER and it percolates down suitably at all levels , it can change the meaning for the PEOPLE in the company especially in big positions.  I have attempted to change the status quo just by changing the meaning of the designations by making it end result centric.

Here I go .........
1) Chief Executive Officer  -  Chief Customer Experience Officer

2) Chief Operation Officer - Chief Delivery Officer

3) Chief HR/People Officer- Chief Happiness Officer

4) Chief Marketing Officer - Chief Brand Officer

5) Chief Sales Officer -  Chief Fulfillment Officer

6) Chief Technology Officer - Chief Enabling Officer

7) Chief Public Relation Officer - Chief Image Officer

8) Chief Knowledge Officer - Chief Intelligence Officer

9) Chief Product Officer - Chief Customer Officer

10) Chief Procurement Officer - Chief Quality Officer

11) Chief Finance Officer - Chief Profit Officer

12) Chief Internal Auditor - Chief Sustenance Officer

13) Chief Compliance Officer  - Chief Governance Officer

14) Chief Belief Officer (Future Group does have one) - Chief Culture Officer

15) Chief Strategy Officer - Chief Competitive Officer

16) Chief Innovation Officer - Chief Future Officer

Even if they start looking at their designations, mind set will start transform-ing. 

Readers may add many more CXOs and suggest even appropriate names to the one given above. Let the winds of change take over our enterprises.