Business Services Industry
Well served by serving well
Workforce, May, 2002 by Carroll Lachnit
Editors get a lot of e-mail: PR people pitching story ideas, readers offering praise or criticism, plus the usual spam--work-at-home come-ons, Viagra offers, and, recently, an example of the unstoppable "Nigerian letter," a 20-year-old scam that last year separated 16 people from $345,000 of their money, according to the Internet Fraud Complaint Center.
A fair amount of the e-mail that Workforce editors receive comes from consultants, freelance writers, book authors, and HR professionals who would like to publish articles in Workforce. We read their queries, confer, and try to give a prompt yes-or-no answer.
Apparently, not all editors behave that way. Prospective writers often thank us effusively for responding (even when we're turning down their stories). It seems that in some quarters, writers never, ever hear back from editors.
Our response is more than just courtesy. It's also an aspect of customer service and satisfaction, the subject of this month's cover story.
Many of these correspondents are not Workforce's customers--that is, they're not magazine subscribers or registered Web site users. But in our minds, they're part of a community of interest that Workforce serves. When they think about Workforce, I want them to remember that the editors rejected their article nicely, and quickly enough that they could offer it elsewhere, or that we sent them writers' guidelines to help them better understand our editorial needs. And perhaps that will prompt them to subscribe, or register as Web site users, or tell others that not only is Workforce the best source of HR information, but we're responsive and thoughtful people, too.
For a tangible demonstration of the connection between customer satisfaction and business success, check out the American Customer Satisfaction Index, issued quarterly by the University of Michigan Business School and its partners. As the index rises and falls, S&P 500 earnings trend close behind. That's because "a satisfied customer is more profitable than a dissatisfied one," according to a discussion on the index's Web site (www.theacsi.org). "If satisfaction declines, customers become more reluctant to buy unless prices are cut. If satisfaction improves, the opposite is true: customers are more inclined to buy again and are less sensitive to price increases." The customer's experience with your organization--that is, with the people you hire--is pivotal.
In its February 2002 report, ACSI noted that Bank One Corp, which has grown by acquisitions, saw its score fall by nearly 6 percent over last year. As often happens in mergers, the bank reduced its workforce "and customers are complaining about waiting time and that they are not getting enough attention from bank personnel," says Claes Fornell, a University of Michigan Business School professor and chairman of CFI Group, which co-sponsors the index. You don't get a more direct HR-customer satisfaction link than that.
A final word on how Workforce serves its audience: online editor Todd Raphael has won the prestigious 2002 Jesse H. Neal Award for best staff-written editorials--"Think Twice," which appears on the last page of the magazine each month. The award affirms what Workforce does for its customers. And as they say at Rosenbluth International, a customer-service leader featured in this month's cover story, it's been our pleasure.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions



