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When Less is More: Fewer
Reports, More Business Intelligence
A business-focused
report will tell you at least the following:
- What drives your customers', employees', or members' overall
satisfaction and intention to continue the relationship
- How participant segments differ
- What actions will have the greatest impact on your business
objectives
Don't shortchange your
analysis.
Without
appropriate levels of analysis, the true value of your survey may
remain undiscovered. To help you determine the level that is most
appropriate for your needs, we provide a quick overview of the most
common types of survey analysis and reporting.
Three
levels of insight into your survey results
| Level I |
Charts, graphs and tables condense your data into
clear graphic information. |
| Level II |
Statistical analysis turns information into knowledge. |
| Level III |
Mapping "Key Drivers" adds the magic that transforms
knowledge into business intelligence to guide your planning,
decision making, and resource allocation. |
Level
1 - Basic tables, charts and cross-tabulations
Basic
tables, charts and cross-tabulations describe your
data, using means and percentages. Basic tables and charts are the
most common formats for reporting survey results. Basic charts summarize
your data in an accessible, visual format. Charts can be used effectively
to compare results for two or more groups, or to rank order responses
from most to least positive. are adequate for many purposes, such
as a quick survey of satisfaction for a one-time event.
Tables
and charts are adequate for many purposes, such as a quick survey
of satisfaction for a one-time event. These tools alone, however,
do not tell the whole story, and they can be misleading.
A
frequent misconception about survey results is that the lowest-scoring
items merit the most immediate attention. Reports based on this
typically report "strengths" and "areas for improvement."
Reports of this type usually include charts or tables that rank
items based on averages or top-box percentages.
Frequently,
this inference is incomplete or even misleading. A fundamental problem
is that some low-scoring items may not be particularly important
to respondents. Also problematic: differences that appear large
on a chart may not be statistically significant - that is, they
may represent random fluctuations in your data, not real differences
between groups.
Level
2 - Statistical Analysis
Statistical
analysis enables you to distinguish the random "noise"
in your data from meaningful changes over time or differences between
groups. Correlations, comparison of means, and statistical testing
of cross-tabulations fall into this category of analysis. These
methods, often referred to as "descriptive statistics,"
give you a more exact understanding of your survey results. Descriptive
statistics are powerful because they allow you to confirm or disregard
differences that show up in charts, tables and graphs. Knowing whether
apparent differences are truly meaningful or chance occurrences
can save you large sums of money when it comes time to allocate
resources to one plan of action or another.
Level
3 - Mapping Key Drivers
Interpretive
Analysis and Mapping Key Drivers of business outcomes addresses
this limitations of more basic descriptive methods. At this level,
the analyst looks at responses to individual items or clusters of
items to understand how they work in relationship to each other.
Interpretative
statistics reveals the elements of your products, services, or culture
that most influence overall satisfaction, renewal intentions, and
willingness to recommend your products or services to others. These
elements are often called "key drivers." The chart below
illustrates results of a key drivers analysis.

A glance
at this chart immediately communicates customer priorities. Actions
the company might consider based on this analysis might be to:
- Service: Improve service by increasing customer
focus and responsiveness (upper left quadrant - high importance,
low satisfaction).
- Marketing: In marketing, build brand by capitalizing
on important strengths such as expertise, innovation, trustworthiness
and partnership (upper right quadrant - high importance, high
satisfaction).
- Customer Communication: Continue communication
practices and policies to maintain strengths evident in the lower
right quadrant - not necessary to invest more resources here at
this time.
- Efficiencies: Monitor customer concerns and
competitor offerings with respect to efficiency, cost, and ease
of making changes (lower left). These are weak areas of moderate
importance to customers; they could quickly become a source of
vulnerability.
Mapping
key drivers enables you to determine priorities for improving the
customer experience or increasing employee retention. Analysis of
key drivers also reveals strengths most likely to foster satisfaction
or loyalty so that these strengths can be continued and highlighted
in recruiting or marketing.
Call
us toll-free, 877-666-2486, to discuss how we deliver results that
matter for your business objectives. Or complete our contact
information form to let us know how we can reach you. |