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Beyond basics: Six tips for an exceptional customer service strategy

IBM Business Partners

They must cater to their customers’ needs, be ready to address any issues that arise instantaneously and do everything possible to meet customers’ expectations. While estimates vary by industry, it is well documented that it costs significantly more to recruit a new customer than to retain existing ones.

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Integrated AI and Innovation Management: The Beginning of a Beautiful Friendship

TIM Review

According to McKinsey, 58% of organisations embedded at least one AI capability into a process or product (Cam, 2019). By integrating AI into business holistically across an organisation, it gains the potential to create competitive advantages and strengthen organisational innovation capabilities (Cockburn et al., Fountaine et al.