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Many credit unions use mystery shopping to measure sales and service performance, but few invest in the proper training and guidance necessary maximize return from these efforts. A MemberShoppers.com study examined 33 client credit unions that used a proprietary mystery shopping system over a 3-year period in order to determine what gains were made in service delivery and what factors were driving them.
Among all credit unions surveyed that utilized mystery shopping, the median member service score improved significantly to around 9%. But top performers were able to improve scores by more than 5% in 90 days, or over 13% in three years. When it came to sales, the gap between the median and top performers grew even more pronounced, with top performers improved their sales scores by 21% in three years.
In a follow-up survey among these top performers, it was revealed that coaching and accountability were the most cited reasons for their dramatic improvement when compared to their peers.
Simply putting a standard shop report in front of a team member and asking him or her to review it is a mistake. This leads to a focus on the score rather than a focus on the behaviors that create improved service. A better strategy for coaches is to prepare ahead of time for a conversation. MemberShoppers.com users, for example, download a coaching guide with each shop that includes a planning worksheet and focuses the conversation on performance improvement.
Don’t use results just to show what the employee is doing wrong. Focusing exclusively on areas where that team member got a low score can lead to feelings of under appreciation or discouragement.
If a doctor told a patient that their blood pressure was high, but didn’t tell them what they could do about it, they’d be frustrated. The same is true for team members. Never share shop results with a team member unless you have time to hold a coaching session and explain how they can improve.
Sometimes a team member scores poorly on a number of behaviors. Rather than making a laundry list of improvements, focus on the one thing that would lead to the greatest improvement in the person’s next shop.
For example, a person who does not smile or make eye contact with members would see great improvement in the score just by changing those two behaviors. By focusing on a single area, credit unions can show employees that they have the power to improve their own performance in even a short period of time.
Legendary basketball coach John Wooden once said, “A coach is someone who can give correction without causing resentment.” The best way to challenge employees is to ask good coaching questions.
Examples of questions to ask include:
When credit union leadership notices a team member exhibiting the agreed-upon behavior, they should let them know. If they see them neglecting to use the behavior, they should provide immediate correction. Don’t wait until the next shop to tell the individual they are not doing something right. If the only feedback team members get is from the shoppers, they will focus more on their assessment and less on providing great service every time.
For credit unions who want to learn more about how top performers coach for sales and service results, join Constance Anderson, president of MemberShoppers.com, for a presentation on effective coaching measures. Learn how to use positive reinforcement, daily one-minute coaching, and effective coaching conversations with anyone your credit union employees.
Effective Coaching Using Sales and Service Measures
June 13, 2012, at 9 a.m. Pacific/Noon Eastern
Click here to learn more and to register.
MemberShoppers.com is a leading mystery shopping provider to credit unions in the U.S. and Canada. Their mission is to help every credit union create a legendary brand through comprehensive measurement of the touchpoints that comprise the member experience and development of consistent coaching to achieve brand standards.
This sponsored content article is provided to the credit union community for shared insights and knowledge from a recognized solutions provider in the industry. Please note that the views and opinions offered here do not reflect those of Callahan & Associates, and Callahan does not endorse vendors or the solutions they offer.
If you are interested in contributing an article on CreditUnions.com, please contact our Callahan Media team at email@example.com or 1-800-446-7453.
May 7, 2012
9/16/2015 01:30 PM
Excellent helping and understanding tool. This is my first time to make a comment. It was a great help. Thank you.
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Theresa V. Herrera
5/6/2013 09:22 AM
I rate this artice a 9 it is very detailed and organized. It is a good idea to get insight of other people and it does help to recognize what needs to improve with others. After all communication is one important key element we all use daily.
5/6/2013 09:20 AM
Very interesting. This article is very well organized and is understandable to read. Very good point on how to share insights and knowledge to communicate better. I would like to sign up but unable to.
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