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QStory Executive Interview
Wayne Thornhill, CEO, and Simon Beck, CRO, QStory
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In this insightful
conversation, Sheri Greenhaus, Managing Partner of CrmXchange, engages with
Wayne Thornhill, CEO, and Simon Beck, CRO of QStory. They discuss the
innovative capabilities of QStory, a tool designed to empower customer service
agents and optimize scheduling using real-time data. The discussion highlights
QStory's unique approach to improving service levels and employee empowerment, continued
growth in the US market, and the significant benefits of their advanced
technology for businesses.
Sheri Greenhaus: Tell me about QStory.
QStory: QStory is a tool that addresses three
key areas simultaneously, which is quite rare. The first thing we offer is
empowerment for agents, teammates, and colleagues working in the customer
service environment. It's one of the most controlled environments, and QStory
enables individuals to have significantly more control over their schedules,
shift patterns, and work-life balance.
With QStory, employees can book
holidays, adjust their shifts, and manage personal commitments. It’s all done via an intuitive app, as well
as via web browser. For instance, if
someone needs two hours off to attend their child's school play on a Friday
afternoon, they can take those two hours and make up the time later. They could
repay an hour on Wednesday and an hour on Saturday, allowing them to balance
their professional and personal lives effectively. This empowerment is crucial
because it enables employees to be emotionally available and empathetic,
providing the best service possible to customers.
However, offering this level of
empowerment raises concerns about maintaining service levels. QStory integrates
with your Workforce Management (WFM) system, pulling schedules and forecasts to
identify inefficiencies. Our tool examines a true multi-skill environment to
find idle times or over-coverage periods. It uses these inefficiencies to
provide flexibility to agents without compromising service levels. Changes are
only allowed if they are beneficial for the business.
QStory also optimizes schedules
by identifying underused blocks of time, which can be repurposed for activities
like compliance training, coaching sessions, and more. We connect with your
learning and performance management systems to find the best times for these
activities. Agents can even self-select training sessions they want to attend.
This approach not only empowers agents but also maximizes schedule efficiency
beyond what traditional WFM systems offer. We continuously update real-time
demand and supply data, allowing us to optimize customer service operations,
resulting in better customer experiences.
Sheri Greenhaus: Are you marketing in the US now?
QStory: Yes, we have primarily worked with UK
customers since we are a UK-based company. However, we have recently expanded
into the US, working with two new customers, including a home automation
business. They have become strong advocates of QStory, seeing significant
improvements in both cost efficiency and service levels. They report the
highest occupancy rates and service levels they’ve ever had, utilizing their
time more efficiently than before.
Sheri Greenhaus: While you may be best of breed, there
are other companies that offer similar tools within their suite. Would it be
easier for companies to stick with tools from the same technology family? Why
would they choose QStory if they are already customers of another vendor?
QStory: That's a good question. We’d argue we
simply do it better. Most of our
customers use other vendors for creating the base schedules or forecasts. A
recent customer approached us initially with skepticism about whether we could
deliver on our promises. However, after working with us, they have become
strong proponents of QStory. While they remain satisfied with their existing
vendor for other aspects of their operations, they now consider themselves
"QStory fans" for the unique benefits our tool provides in scheduling
and agent empowerment.
Sheri: What are you doing that is different
and above the competition?
QStory: Our technology stands out because we
incorporate real-time data feeds to find opportunities throughout the day.
Other solutions may touch on this, but they don't fully automate the process.
We eliminate all the administrative tasks around shift changes, time off
requests, and schedule adjustments, allowing real-time analysts to focus on
their core work.
By using real-time data, we
protect service levels based on the current situation, not just projections.
For example, if an agent needs time off or there’s a sudden spike in demand,
our system assesses the impact on service levels and makes recommendations to
address these changes. We optimize staffing in real-time, ensuring we manage
both threats and opportunities efficiently.
Sheri: Is the difference in finding the gaps
and then being able to take action on them?
QStory: Exactly. It's about identifying the
gaps and opportunities when an agent needs to adjust their schedule. Our system
evaluates the risk to service levels and suggests how to manage it. This could
involve reallocating tasks or rescheduling training. We bridge the gap between
forecasted and actual conditions, ensuring that we address what's happening
right now.
Sheri: What do you see as some of your biggest
challenges with starting to market in the US?
QStory: Building our presence is a significant
challenge. We have a strong customer base in Europe, including the UK's largest
bank, a major utility company, and Europe’s largest tour operator.
Understanding the US market and its nuances is crucial. This involves adapting
our go-to-market strategy and understanding operational differences, such as
flexible hour contracts and state-specific employment laws.
Additionally, there’s a higher
prevalence of outsourcing in the US, so we need to tailor our offer to work
effectively with BPOs and outsourcers. We’re used to handling complexity, like
a UK customer with 850 different employment contracts, but we must ensure our
solution fits the unique aspects of the US market.
Sheri: Have you been talking to end users at
the conference?
QStory: Yes, we've engaged with end users and
found a lot of interest. This is our second visit to the US, and we've spent
time with customers in various sectors like hotel and transportation. When we
demonstrate QStory, many see the value immediately and recognize its practical
application.
A common challenge is that
businesses often settle for solutions that are "good enough."
Convincing them to adopt a new, more effective system like ours requires
organizational support across finance and operations. Our software must be
reliable and consistently available, as it's critical to their daily
operations.
In summary, QStory allows
businesses to react to real-time events, maintain service levels without
overstaffing, utilize hidden capacity, and automate schedule updates. With
QStory, you can achieve all this seamlessly.