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Fiinovation Videos : Client feedback can play an important role in building stronger consulting services. This Fiinovation video highlights how listening to clients, understanding their expectations, and responding to their needs can support service improvement, innovation, and long-term business relationships.

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Transcript
00:00But as a leader, how do you think that how much feedback is necessary in both ways?
00:06So there are two ways. One is internal feedback. The other is external feedback.
00:11I think, especially in this industry, let me first talk about the external one, then I'll come to the internal
00:16one.
00:17So when we started, we were basically a program management company, right?
00:22So we were managing programs on the ground and all of that stuff happened and everything.
00:26But what happened after a period of time is the clients grew, you know, thankfully it grew.
00:33So it became a bit difficult for us to manage the communication side of the clients at a daily level,
00:42because then one had to do multitasking too much.
00:45Coming to feedback, we went to our clients back and we tried to talk to them.
00:50So we used to have this very interesting in 2010-11, we used to have these off-sites with our
00:58clients.
00:59Off-site with the client?
01:00With the client. So we used to have one day meetings with our clients.
01:04We would all meet at some place, maybe Chennai or somewhere in off-site with those areas, clients from those
01:10areas.
01:11And we would have a workshop, we would do some capacity building exercise.
01:15But actually, frankly speaking, I didn't tell them, but those were actually feedback loops.
01:19So at very early stage of the company, first is I was fortunate to have a great team.
01:27At that point of time, my team was great.
01:29And some of them are now in the management of the company.
01:33So we started listening to our clients and continuously a loop started coming in that, you know, we are not
01:39updated regularly.
01:40At that time, there was no dashboard, no, all of that stuff.
01:44So we used to have to send emails and all that stuff.
01:48So we said, how can, and then we sat down, we said, how do we resolve this?
01:53And, and we thought, okay, why, why don't we think literally like out of the box?
02:00So we are in consulting industry, Akash.
02:04And you will still not hear that there is a communication team in any consulting industry or a consulting firm.
02:13You take the best of the firms, you will have all other practices, but you will not have a customer
02:20information and engagement team.
02:23So about three and a half, four years down lane, when we started in 2008,
02:27we decided, okay, this is an, it started with an experiment.
02:31We appointed three people.
02:33And what we did is we set up a client communication cell.
02:39They would actually communicate with the clients on a regular basis.
02:44And their portfolio would only be to transfer the project information to the clients.
02:49So that the people who are working on the project are focused on the project, but this communication team is
02:56still relaying the information to the client.
02:58So it's a kind of a daily task or what is it?
03:00It's a kind of a daily task for them to update as the movement happens.
03:04So if, if your project has reached a certain stage, the information is given to the client and all this
03:10stuff.
03:12And, and what happened is the clients overwhelmingly, you know, sort of accepted that because they never heard of it.
03:21They never thought that a consulting company can have a client engagement team.
03:26And today it is a full fledged department.
03:29And 100% of our clients are communicated updates on a weekly, daily as required basis by client specialist.
03:39And it is headed by one of our senior members, Anand, who heads that as a senior vice president of
03:44the company.
03:44And he manages that team fantastically well.
03:47So feedback, how important it is, if you would have not heard and taken the feedback as data at that
03:56time and, and, and change the course of our action, we would have, we would be facing some other problems
04:03where we would be only able to address a certain set of clients rather than, you know, addressing a large
04:09mass of clients, which we are addressing today.
04:12That adaptability came only when you receive feedback and you accept feedback as information, which you need to act upon,
04:19that is a, then the second phase of the external feedback came upon that there's a limitation.
04:25How many people in the client engagement team can update how many clients?
04:29There is a volumetric.
04:30So what we did is we took assistance of technology.
04:35So we developed a sort of a MIS where every client has a dashboard of himself, of their organization.
04:44Uh, it is uniquely identified with a client ID, we've given a login ID password and all your progress of
04:52your project is uploaded real time on the dashboard.
04:56That dashboard is accessible from your phone.
04:59It is optimized for your iPad, for your web, anywhere.
05:04Uh, the industry at large has never heard of it.
05:10And I'm still telling you, they don't have it even today, except us.
05:13There is no company in our sector, which operates with that.
05:17So we are earth shakers when it comes to this kind of adaptability and the complete credit goes to the
05:23team because they are always on a lookout of how can we create easiness of doing work.
05:27This is external feedback, right?
05:29Now we have started another fight.
05:32How do we incorporate AI in it?

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