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How to Optimize Reputational Risk Management in Banks

ReviewTrackers

Bank Reputation Risk Management. Negative reputation, meanwhile, can drive away potential clients and increase customer churn. A 2017 global risk management survey found that damage to brand and reputation is ranked as the top risk management concern. Reputational Risk Management in Banking: Best Practices.

Banking 94
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What is Bank Reputation Risk Management?

ReviewTrackers

Bank Reputation Risk Management. Negative reputation, meanwhile, can drive away potential clients and increase customer churn. A 2017 global risk management survey found that damage to brand and reputation is ranked as the top risk management concern. Reputational Risk Management in Banking: Best Practices.

Banking 90
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Amazing Business Radio: Megan Singh

ShepHyken

Megan Singh on How to Create the Best Place to Work and the Best Place for Customers to Buy. What are some ways that you can show your customers, and your employees, that you are truly customer focused? For Squaremouth to be totally customer-focused, everyone in the organization must feel connected to the customer.

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5 Top Customer Service Articles for the Week of May 27, 2019

ShepHyken

They trust (actually demand) that these companies manage their information with integrity and protect their identities. Yet customers also want to enjoy a digital experience with little or no friction. I don’t really care what you call it, as long as it gets the customer to come in, come back and talk about you (positively).

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What Does Perfect Service Recovery Look Like?

ShepHyken

For those that haven’t been following, the five-steps are: 1) Acknowledge the problem and thank the customer for bringing it to your attention. And, they didn’t get there by disappointing their customers. On the contrary, they are very customer-focused, and this story is a perfect example. Well done Mr. Panera Manager!).

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10 Ways to Deliver Great Customer Service

Magellan Solutions

Leverage Technology Wisely A customer relationship management (CRM) system is like a superhero headquarters for customer information. It collects and organizes all customer data in one central location. This information lets your team customize interactions and deliver a personalized experience.

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When Customer Service Creates Customer Validation

ShepHyken

The customer may reach out to the company via social channels, a website, a text message – really any interaction with the company. So here is the big question to ponder: Does your company just answer questions and manage complaints, or do they validate the customer’s decision to do business with you? Follow on Twitter: @Hyken.