Officium Labs has Brought a change in customer experience with their brands " Connect, Transform" and Innovate"
The Executive Headlines
Officium Labs has been recognized as one of the 20 Fastest Growing Companies to Work in 2021 by The Executive Headlines
This foundation began with four leading people. In the year 2019, they received an idea to explore the field of customer experience. They wanted to change the older way customer experience was working and present a new example before the world. With this idea and a loan of $150k, they took their first aviation. In these two years, they grew as a global workforce the revenue currently is over $10M and they are serving over 22 clients.
They achieved success because the market was ready to accept this change and this enterprise was ready to provide it. While companies lose revenue of $339B only because the customers get poor services, this enterprise is helping them to retrieve from that loss by their best-in-class services with a flexible workforce. The flexibility can be seen as they evolved themselves for the market according to the situation during the covid pandemic.
Below are the highlights of our interview with Jonathan Shroyer.
Tell us about your key operations in the market?
Being an entirely decentralised company they find their roots in blockchain and cryptocurrency. Due to similar philosophies, they can manage around the market. They say "you can hire talented people anywhere in the world and provide them a flexible, purposeful work and they will enable happy clients". To date, they are working with employees in Europe, North America, and Asia.
What is the concept of Connect, Transform, Innovate at Officium labs?
Officium Labs is working on creating seamless customer service through their brands " Connect, Transform, and Innovate". The brand "Connect" works as a network of on-demand, best-in-class customer service resources. They are working to bring "great people together with great brands" so they can achieve extraordinary service steadily without any hindrance with peak volume spikes.
“Transform” works on bringing their extraordinary CX procedure to existence. It is done by "consulting, coaching, training and our award-winning Foundational Services Workshop". “Innovate” is a technology arena where companies can attain enhanced outcomes, this is done by the use of analytics and operative tools.
Tell us about the CX Self Service Maturity Model? How beneficial is it?
With their CX Maturity Model, they are helping the employment authorities to "generate and protect revenue" with their distinct ServiceStack™ technology. They correlate the impact of great service with the impact on the organizations' financial performance, which enables them to demonstrate the strategic role played by CX. "The bottom line is that happy customers spend more, stay loyal longer, and help to bring new customers your way".
In these 2 years, they have proven over 15 times that "CXAAS (customer experience as a service) drives savings to the bottom line and protects top-line growth".
Here are a few ServiceStack client wins achieved and provided by the foundation:
One of the clients had to say that "WFM saves 24% in BPO spend".
Another said that "White Glove MVP protects $5M".
One another client added that "Agent AI assist decreases BPO spend by 25%".
A client happy with the service said "Connect Burst scaled 100 resources in a few weeks to meet volume demand".
Another such client said that "CXAAS transformation drives a 55% increase in customer satisfaction".
What made you design the CX Self Service Maturity Model?
For this question, their answer was "We wanted to enlighten our clients on a better way to bring LTV, customer effort, and customer retention to the forefront of their success". They found that the service market was shattered because a lot of companies were "splintering their customer journey and not focusing on the results and outcomes of the journey. They were more focused on segments". To solve this they decided to design their model.
What is the most important key to your success? Share the experience.
The key to their success is that they decided to work on an idea no one was working on. They wagered the talent with tremendous maturity, knowledge and experience. Giving credit to the supportive customers they said "we had a few clients that would take a risk on a new company. Those were the foundation pieces". After that, they functioned in an efficient and hurry attitude so that they can provide their best to the clients. "From there it was relentless delivery, hustle, and drive to create value in all we do, for all we do".
How long have you been in business?
Their journey started only 2 years back and they have enjoyed every moment to serve the needs of the community.
What are the biggest challenges you face in the initial year's?
Being a new idea and new company they had to work hard to achieve brand recognition, secure fundings, and reach the customers. Although the results say they effectively did achieve.
What do you feel are the reasons behind your company’s reputation?
"We win business by our actions every day". With this quotation, they added that they have hired "thought leaders and known experts". They are fiercely battling the older norms. They believe in sharing their views and outcomes with the industry. They have invited others to tell and learn too.
How big is your team?
Today they are working with 30 internal supporting staff who are spread across the globe bound with the global network.
Where do you see Officium labs in the next 3-5 years?
Take the answer in their own words "First unicorn service company that accepts crypto payment, pays in crypto, and delivers people and client results better than top 5 competitors". With this vision, they are running to achieve the pinnacle of the world.
Anything else you want to say?
They follow the great leader Nelson Mandela, who led the change for a transformation in the world. "Our motto as a company comes from Nelson Mandela’s win or learn mantra. Our values guide our decision making, and people make the magic happen".
This distinctive enterprise Officium Labs was started by two experienced professionals.
- Co-Founder & CEO: Jonathan Shroyer
This incredible man has acquired wonderful knowledge in the customer service field by working as a leader for over 22 years. He gave his promising efforts to big giants like Microsoft, Autodesk and Monster. He has also conducted his service in startups like Forte Labs, Kabam and Postmates. He loves to share his knowledge and thoughts with others. To make sure that people get the knowledge he has attained, he likes to join CX conferences. He contributes by sharing his passion through podcasts and by writing.
- Co-Founder & CHRO: Scott McCabe
Another name behind this hardworking enterprise is Scott McCabe. With knowledge and experience of over 18 years in various fields, he had his main focus on the new field of gaming. With all his wisdom in this rapidly unfolding arena, he helped companies like EA and Kabam. He cherishes this enterprise and invests his proficient specialities in the field of computer science technology. With his perception, he empowers the enterprise to solve the dilemmas of customers.