The Market Responsiveness Index (MRI)™ provides a powerful benchmark to help you discover your company’s level of responsiveness to customers’ needs, competitive threats, market and business environmental changes compared with other companies in your industry/adjacent markets. Interventions undertaken by clients after this survey have achieved up to 750% ROI. Employees also became more engaged as the survey ‘listened to their opinions’.
(Source: forrester research (2012))
Dr David Cooke, Managing Director, Konica Minolta Australia has had so many positive comments for listening.
Ryan Rampersaud Managing Director – BlackRock: What are the benefits of implementing the MRI?
John Hooper CFO Ergon Energy describes how MRI provided the skill sets and permanent cultural realignment map which sticks.
Russell Stanners CEO Vodafone New Zealand – What value was there in doing the MRI assessment?
… because a strong customer culture is the single most important driver of future business performance. Knowing where the gaps are in the fabric of customer centric mindset can lead to low cost – high value interventions which clearly impact the bottom line.
The MRI™ measures the cultural factors that are most directly linked to competitive advantage and business performance. It clearly indicates which colleagues can leverage collaboration and peer learning to increase your MRI, having the domino effect on business results.
The Market Responsiveness Index (MRI)™ provides a robust benchmark by which companies can rank and rate their level of responsiveness to customers needs, competitive threats, and market and business environment change against other organisations in their industry/adjacent markets.
It is a web-based staff survey tool that measures the level of customer-centric behaviours (culture) within a business. After comparing the results to global, cross-industry benchmarks, our clients are in a better position to consider future actions.
The assessment is easy to administer, straightforward and intuitive to complete, and extremely useful in delivering understandable, detailed and actionable findings for executive sponsors who seek to achieve business performance.
Businesses are benchmarked against a global database of more nearly 400 companies across industries and geographies. You will see how your business stacks up against the best in a chart like those below.
• Helps you focus on those customer-culture factors that are critical to your strategy.
• Enables you to measure and benchmark your most important customer-culture drivers, set targets, take action and track progress.
• Creates a unified focus on the customer and helps communicate priorities to all employees.
• Enables you to engage and inspire employees to focus on activities that provide value for customers.