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VOC

 

Voice of Business (VOB) - is a tool that captures the stated and unstated needs of the shareholders/business owners. Business scorecard is a very commonly used tool to capture VOB. E.g. profits, viability of business, cost reduction, dividend pay-outs, return on equity etc.

Voice of Customer (VOC) - is a research tool that captures the stated and unstated needs/requirements of the customer. Interviews, focussed group discussions, surveys, observation, warranty data, complaints are some of the ways in which VOC can be captured.

 

 

An application oriented question on the topic along with responses can be seen below. The best answer was provided by Venugopal R on 10th October 2017. 

 

 

VOC, Voice of customer

Featured Replies

We have the winning answer for this question. Thank you all for taking out the time to contribute to the World's Biggest Dictionary, during the festive season. The best answer is given by Venugopal R of Club 46. This answer clearly explains, with the help of examples,  where over emphasis on VOC could cause more harm to the business than benefits.

 

There were other answers that were close, but examples and articulation in your own words is always going to get some brownie points.

 

Cheers to excellence!

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