Treating customer complaints as opportunities reduces complexity by 80% and speeds up resolution time by 114% for this financial services company

The challenge

A UK headquartered financial services company that offers a wide range of investment and insurance services needed help to increase the productivity in its customer complaints resolution process by at least 15%, as part of its wider transformation programme.

How we helped

Our own experience has shown that the only sure way to keep new processes going is to generate a high level of employee engagement.

  • We engaged employees from the customer resolutions area to identify opportunities and inefficiencies within the current processes.
  • We trained employees to use problem-solving techniques.
  • Structured team meetings were instigated daily to review the previous day’s performance and identify issues and concerns.

Tracking work volumes allows for effective resource allocation

  • A new approach to visual management tracked performance and highlighted individual roles and responsibilities.
  • Through the transfer of knowledge and skills, greater flexibility has been brought to the process that has now enabled additional demand to be covered without resource increase

To see the full extent of the improvements we were able to make, download a copy of the full case study at the bottom of the page.

The results
  • Within six months, the time taken to resolve complaints was improved by up to 114%
  • Total process complexity was simplified by the reduction of non-value added steps by 80% thus reducing total process steps by 45%
  • Employee satisfaction survey assessments improved by 28%.

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