INCIDENT COST MODEL
First Claim
1. A method comprising:
- determining a negative impression cost of an incident;
determining a direct loss of revenue cost of an incident;
determining an increased cost to serve of the incident; and
determining a channel failed customer interaction cost based in part on the negative impression cost, the direct loss of revenue cost, and the increased cost to serve, through the use of the processing device.
1 Assignment
0 Petitions
Accused Products
Abstract
Embodiments of the present invention provide apparatuses and methods for determining the cost of poor quality of an incident within a business. One way to measure costs associated with an incident is by measuring failed customer interactions (“FCIs”). FCIs are defined as incidents that occur within the business that either directly or indirectly affect a customer'"'"'s ability to use a product or service offered by the business. In most situations an FCI relates to a failed interaction between the business and the customer through a channel that affected the customer'"'"'s use of a product or service through the channel. The cost of poor quality application calculates the total cost of an incident through a multifaceted valuation that factors in hard metrics, such as but not limited to actual costs, duration, channel costs, FCI severity, etc. in order to calculate a remediation cost, a channel FCI cost, and a reputation cost.
17 Citations
27 Claims
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1. A method comprising:
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determining a negative impression cost of an incident; determining a direct loss of revenue cost of an incident; determining an increased cost to serve of the incident; and determining a channel failed customer interaction cost based in part on the negative impression cost, the direct loss of revenue cost, and the increased cost to serve, through the use of the processing device. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A system comprising:
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a memory device having computer readable program code store thereon; and a processing device operatively coupled to the memory device, wherein the processing device is configured to execute the computer readable program code for; determining a negative impression cost of an incident; determining a direct loss of revenue cost of an incident; determining an increased cost to serve of the incident; and determining a channel failed customer interaction cost based in part on the negative impression cost, the direct loss of revenue cost, and the increased cost to serve. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
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19. A computer program product, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:
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an executable portion configured for determining a negative impression cost of an incident, through the use of a processing device; an executable portion configured for determining a direct loss of revenue cost of an incident, through the use of the processing device; an executable portion configured for determining an increased cost to serve of the incident, through the use of the processing device; and an executable portion configured for determining a channel failed customer interaction cost based in part on the negative impression cost, the direct loss of revenue cost, and the increased cost to serve, through the use of the processing device. - View Dependent Claims (20, 21, 22, 23, 24, 25, 26, 27)
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Specification