Ep 95 : Andrea Belk Olson - Understanding Customers to Differentiate, Compete & Build Customer-Centric Culture

Published: Dec. 22, 2022, 6:18 a.m.

How can misleading conclusions can be drawn from data?  Understanding the differences between data, information and knowledge? 

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What is an insight & how does one use it to out-compete competition ?

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What is the 3 W Ideation process: Why, What & WOW ?

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How emotions can overpower logic? How cognitive biases influence decisions? 

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What are the shortcomings of the Net Promoter Scores (NPS) in understanding customers ?

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Andrea answers the above questions and many more as she takes us on a fascinating journey of understanding customers and building customer centricity in an organization.  Andrea Belk Olson is a differentiation strategist, speaker, author and customer-centricity expert. She is the CEO of Pragmadik, a behavioural science-driven change agency, and has served as an outside consultant for EY and McKinsey. 

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She is the author of three books, including the upcoming What to Ask: How to Learn What Customers Need but Don\u2019t Tell You; a four-time ADDY\xae award winner; and, contributing author to Harvard Business Review, Entrepreneur Magazine, ETC.

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Please visit her Company Website  https://www.pragmadik.com

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Andrea's Personal Website https://www.andreabelkolson.com

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Connect with her on Linkedin https://www.linkedin.com/in/olsonandrea1/

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Jagged with Jasravee is facilitated by Jasravee Kaur Chandra, Director- Brand Building, Research & Innovation at Master Sun, Consulting Brand of Adiva L Pvt. Ltd. Jasravee has over 20 years experience as a Strategic Brand Builder,Communications Leader and Entrepreneur. 

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Please visit Jasravee at https://jasravee.com/

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Connect with Jasravee on Linkedin at https://www.linkedin.com/in/jasravee/  

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Email Jasravee at jasravee@theadiva.com

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Follow Jagged with Jasravee on Social Media

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Campsite One Link : https://campsite.bio/jaggedwithjasravee

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Facebook Page : https://www.facebook.com/jaggedwithjasravee

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Instagram : https://www.instagram.com/jagggedwithjasravee/

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Podcast Page : https://anchor.fm/jagged-with-jasravee

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Youtube Page : https://www.youtube.com/c/jaggedwithjasravee

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Index & Outline of the Talk

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00:00 Preview & Introduction to Andrea

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02:50 Data, Information & Knowledge - How Are They Different

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04:45 Going from Data to Insight,  How it is a Key to Unlocking Something New

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10:45 Customer Centricity 

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14:35 3 W Ideation Process - Utilize Customers as Resource for Innovation

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20:50 Multiple Perspectives - Understanding a Customer Holistically

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23:02 Everybody Needs to Be  Mandated to Meet Customers - Not to Outsource Customer Research

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27:22 Emotion vs Data - Problems with Extroplating Data to Predict Future Behavior 

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31:23 Cognitive Biases like  Maslow's Hammer - One Tool Being a Solution for All Problems

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32:59 Cognitive Bias - Bike Shedding

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35:30 Understanding Culture & Global Culture & Involving People from a Specific Culture

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40:05 Limitations of  Net Promoter Scores - Rationally vs Emotionally Satisfied Customers

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44:10 Kickstarting Customer Understanding - Catalyst for Change - Urgent Problem to Solve

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47:15 Rapid Fire with Andrea Belk Olson

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50:22 Connecting with Andrea Belk Olson

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Jagged with Jasravee, is an initiative of Master Sun, the Consulting Brand of Adiva Lifestyle  Pvt Ltd.

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Website : https://jasravee.com/