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MARKET PULSE Can Your Contact Center Benefit From Advanced Workforce Optimization? WFO MARKET PULSE

Boost Contact Center Performance by Targeting Workforce Optimization

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Is your contact center or back office operating as efficiently as it could? The right workforce optimization (WFO) tools can make all the difference in employee productivity and job satisfaction, not to mention customer satisfaction rates. But how do you know which areas might need to be fine-tuned, and where can your organization benefit most from improvements in WFO? Looking at a cross-section of the contact center community represented by centers of every size and from every industry, this visually informative breakout of survey results takes the pulse of contact centers regarding attitudes toward: • Cloud-based contact center infrastructure • Accuracy in predicting staffing levels using workforce management systems • Investment in agent training • Effectiveness in using workforce management tools to manage back office staff • Advantages of speech analysis vs. continuous speech recognition • Ease of use in workforce optimization software

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Page 1: Boost Contact Center Performance by Targeting Workforce Optimization

MARKET PULSE

Can Your Contact Center Benefit From Advanced Workforce Optimization?

WFO

MARKET PULSE

Page 2: Boost Contact Center Performance by Targeting Workforce Optimization

MARKET PULSE

Can Your Contact Center Benefit From Advanced Workforce Optimization?Many organizations are looking at upgrading or replacing their workforce optimization (WFO) systems in 2014.

But how do you know if your contact center or back office needs some fine-tuning? ICMI and Aspect tell you how

you can enhance your WFO system to ensure the best customer experience, a high productivity workforce and

better employee morale.

The Contact Center CommunityIn mid-2014, we asked 417 contact center leaders to give us their thoughts and experience around workforce optimization. This slice of the contact center accurately depicts the community as a whole, as we had every size of center, industry, and role type represented.

Job Title

How many agents work in your contact center(s)?

Help Desk12%

Customer Service

54%Telesales3%

Blended Service and Sales

26%What is your contact center’s primary function?

<10 10-49 50-99 100-249 250+16% 26% 15% 19% 21%

Call Center Customer Service IT Quality Assurance

Contact Center Director Analyst ManagerVice President

Workforce Training Operations

Healthcare

Financial Services

Financial Services – Insurance

Consulting

Telecom

Software

Education

Outsourced Services Provider

Retail

Computers – Hardware

Manufacturing (non-computer)

10%

9%

7%

6%

6%

5%

4%

4%

4%

3%

3%

What is your organization’s primary business activity/industry?

Manager

Director

Contact Center Analyst

Technology/IT Analyst

C-Level

EVP/VP/AVP

Supervisor

Consultant

President

Agent

32%

19%

9%

9%

8%

6%

6%

5%

3%

1%

Select the role that best describes your work function:

30%0%

10%0%

Page 3: Boost Contact Center Performance by Targeting Workforce Optimization

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It’s exciting to see the continued migration of contact center infrastructure over to the cloud. A cloud-based infrastructure is becoming a strategic imperative for most enterprises. The transition to the cloud gives contact centers lower TCO, location independence and ensures that they have the most current best-in-class technologies available.

Workforce Optimization FundamentalsSo how do you know whether a more advanced workforce optimization system can help your contact center run more efficiently, achieve higher customer satisfaction, increase agent engagement, and create an overall better experience? One way is to look at the current state of your workforce optimization fundamentals. If you are like many in the community, there is certainly room for improvements!

11%

28%

32%

We currently have all of our infrastructure running in the cloud

We currently have at least some of our infrastructure running in the cloud

We intend to move some of our infrastructure to the cloud in the next 2 years

We don’t intend to move any of our contact center infrastructure to the cloud

29%

Please describe your contact center infrastructure.

What are the primary advantages you see in cloud-based contact center infrastructure?

Keeps us current with new technologies

Enables agents to operate from any location

Lower total cost of ownership (TCO)

Permits easy scaling with volume fluctuations

Eliminates investment in disaster recovery and redundancy

Keeps us from investing in IT resources

Gives us access to best of breed technology

Enables access to a broader range of data sources

Lower Capex

53.33%

47.18%

39.74%

35.64%

32.05%

27.95%

26.67%

18.97%

14.87%

50%0%

Very accurate

We don’t have a WFM

system

Very inaccurate

InaccurateNeutral accuracy

Fairly accurate

Don’t Know

How accurate is your workforce management system in predicting staffing levels?

What % of the time are your agents idle?

<5 <10 <15 <20 >2014% 23% 20% 12% 9%

Don’t Know - we don’t track this

Don’t Know - this is not my area of expertise

12% 12%Would you invest in more agent training if there were minimal additional cost?

81%19%NO YES

Few contact centers have truly moved to the cloud, but the expectations for benefits from the cloud are high.

There’s definitely room for improvement in WFM accuracy.

Agents are idle quite a bit of the time, so traditional workforce management systems don’t seem to be doing the trick.

Better workforce optimization systems can turn idle time into training time.

Page 4: Boost Contact Center Performance by Targeting Workforce Optimization

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Do you know the advantages of phonetic based speech analytics vs. LVCSR (Large Vocabulary Continuous Speech Recognition)?

Back Office FunctionsIt is estimated that 60% of a customer’s satisfaction is a direct result of back office operations. Unfortunately, the investment in Back Office operations is oftern not high on the list of priorities. Workforce optimization tools applied in the Back Office can definitely help!

Beyond WFO FundamentalsIf your contact center already has the fundamentals right with good workforce management, quality management, performance management and training, you can go to the next level of sophistication with speech analytics.

Is your back office staff managed with WFO tools that are as effective as your contact center tools?

How much more productive do you think the back office staff would be if they used WFO tools tailored to the needs of the back office?

Up to 10% more

productive

Up to 20% more

productive

Up to 30% more

productive

Up to 40% more

productive

More than 40% more productive

11% 18% 9% 4% 5%We don’t

have a back-office team

24%

Yes No We don’t have back-office staff

Don’t Know

44% 27%17% 12%

61%39%

NOYES

We use it constantly

We don’t own speech or text

analytics software

We rarely use it

We use it several times

per week

We use it several times

per day

How frequently do you use speech or text analytics?

If you use a speech or text analytics solution, what sort of benefits do you think it is bringing you?

Significant benefits

10%Moderate benefits

18%Few

benefits

8%No

benefits

1%We don’t use

speech or text analytics

50%

There is a huge opportunity to improve both productivity and the customer experience with Back Office WFO tools.

Few contact center managers use or know about the primary features of speech analytics.

Page 5: Boost Contact Center Performance by Targeting Workforce Optimization

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WFO Ease of UseIn order for WFO systems to truly make a difference, they have to be easy to use and understand.

No matter what stage of workforce optimization you are in, managers and agents alike need to find value in the WFO applica-tions so that they readily adopt and use them properly. This is particularly true if contact centers want to achieve the desired agent productivity and customer experience gains.

Can your contact center benefit from advanced workforce optimization?

YES! To find out more about the Aspect workforce planning and back office optimization solutions, please visit: www.aspect.com

What % of your agent workforce believes that your workforce optimization system (workforce management, QA, performance management, coaching, analytics) is easy to understand and use?

All < 75% < 50% < 25%14% 17% 24% 11%

< 10%6%

What benefits do you think your contact center would achieve if the WFO system were VERY easy to understand and use?

Higher agent productivity

Better agent experience

Better customer experience

Reduced agent training time

More frequent use of complex WFO functions

Lower turnover

Better achievement

of KPIs

68% 58% 63% 33% 25% 13% 38%

WFO systems are generally not easy to use, but there are huge gains to be had by making them so.

About ICMIThe International Customer Management Institute (ICMI) is the leading global provider of comprehensive resources for customer management professionals - from frontline agents to executives - who wish to improve contact center operations, empower contact center employees and enhance customer loyalty. ICMI’s experienced and dedicated team of industry insiders, analysts and consultants are committed to providing uncompromised objectivity and results-oriented vision through the organization’s respected lineup of professional services including training and certification, consulting, events and informational resources. Founded in 1985, ICMI continues to serve as one of the most established and respected organizations in the call center industry.