The Market Responsiveness Index (MRI) What it is and how it works
A leadership and employee assessment tool that measures the perceived level of customer-focused
behaviours (culture) that a business, function or team act...
Tue, 13 Aug, 2024 at 2:23 AM
It measures 8 specific customer focus behaviours that have
been proven to drive business performance (productivity, growth, profit etc).
Low scores ...
Tue, 18 Oct, 2016 at 7:27 PM
5 Externally Oriented Behaviours:
Customer Insight –
relates to ability to keep current customers and satisfy them
Customer Foresight
–abili...
Tue, 18 Oct, 2016 at 7:27 PM
The
team at MarketCulture undertook a 3 year study to answer the question, does
customer centricity matter to business performance?
As
pa...
Tue, 18 Oct, 2016 at 7:28 PM
· Customer insight and foresight relate
primarily to a revenue growth strategy. Interestly, customer insight also predicted higher employee satisfaction ...
Tue, 13 Aug, 2024 at 2:32 AM
A cross-sectional analysis of the foundation study database from which the MRI tool was developed showed that companies that had a 10% higher MRI had ...
Tue, 18 Oct, 2016 at 7:28 PM
Because we know that a customer-centric culture drives future profit and sustainable growth.
We also know that in most organisations customer...
Tue, 18 Oct, 2016 at 7:29 PM
There
are a number of options depending on where the client is in their customer
centric journey.
A
standard implementation flow is as follows...
Tue, 18 Oct, 2016 at 7:29 PM
The
MRI scores are shown as percentiles in the database providing a benchmark
against other organisations.
See diagram below:
...
Tue, 18 Oct, 2016 at 7:29 PM
Helps people understand what customer
centricity really is
Creates a unified and agreed focus on
the customer
Enables customer focus to be...
Tue, 18 Oct, 2016 at 7:30 PM