Key
Driver Analysis &
Other Advanced Statistical Applications
Our management reports go beyond just reporting back the
findings; they include well thought out conclusions and
recommendations based on the results, but also on our experience
working with other clients. It is our experience that these
reports, and the presentation of them, then lead seamlessly
into the next process of action planning.
Clients that we work with require actionable, insightful
data on which they can act and that will enable their company
to focus on:
- The areas which are most important to customers
- Levels of success in meeting customer needs
- The priority areas on which to target improvements
in customer satisfaction levels.
Through the use of correlation and cluster analysis we
can drill-down into the data and highlight the key drivers
that influence customer satisfaction and loyalty.
Use of correlation analysis can enable your company to:
- Pinpoint areas where there is perceived to be a shortfall
in performance by customers.
- Correlate this performance with how important these
areas are to overall customer satisfaction.
This type of analysis can enable you to quickly focus
actions in the areas that are most important to customers,
and ultimately the most likely to improve your company’s
image and competitive position.
Cluster analysis can also be considered, based on a chi-square
measurement that assesses key influencers on the opinions
of groups of respondents. This might enable the company
to:
- Understand the key influencing factors driving why
groups of respondents have responded in the way they have:
for example, why they would or would not recommend your
company.
- Address those areas that have the most influence on
negative responses.
The following screenshot illustrates graphically how this
analysis might look (this example focuses on the main influencers
on customers’ overall satisfaction with a company):
This fictional example highlights that it is the areas
of ‘Has an excellent overall reputation’, ‘Is
flexible in meeting client needs’, and ‘Employs
high calibre people’ that have the greatest influence
on overall satisfaction with services provided.
By correlating key areas of influence on the perception
of key clients with negative opinions on important issues
such as overall satisfaction, your company would be able
to target these key areas in the knowledge that improving
them is likely to have the most positive influence.
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