Mastering Outsourcing Dynamics

QBR Best Practices & Essential KPIs for Call Centers

Ever been trapped in a lackluster QBR meeting, scratching your head, wondering where things went off the rails? You’re not alone. Navigating the intricacies of Quarterly Business Review (QBR) meetings can be challenging, yet they remain an essential cornerstone of a flourishing relationship with an outsourcing vendor. Especially within a call center milieu, the prime aim of these meetings is to dissect performance metrics, evaluate the vendor’s adherence to agreed services, and spotlight areas ripe for enhancement or growth.

Here are some best practices for conducting effective QBR meetings:

Establish Open Communication Channels: Both parties should feel comfortable discussing successes, challenges, and concerns. Encourage open dialogue and ensure that feedback is constructive and solutions-oriented.

  1. Set Clear Expectations: At the beginning of each meeting, outline the agenda and establish what both parties hope to achieve. This helps ensure everyone is aligned and focused on the same goals.
  2. Lead Discussions Effectively: If there are concerns or challenges, guide the conversation in a way that is productive and solution-focused. Avoid blame and instead focus on understanding the root cause of the issue and identifying actionable steps to address it.

When it comes to reviewing performance metrics, not all KPIs carry the same weight. Here are some critical ones to include in your QBR:

  1. First Call Resolution (FCR): This KPI measures the percentage of calls that the call center resolves on the first interaction without requiring any follow-up. A high FCR rate indicates that the BPO program is effective in addressing customer issues promptly and efficiently.
  2. Customer Satisfaction Score (CSAT): This is a crucial KPI for any customer-facing BPO program. It gauges the customer’s satisfaction with the service received..
  3. Net Promoter Score (NPS): NPS measures the likelihood of a customer recommending your services to others. It’s a strong indicator of overall customer experience and satisfaction.
  4. Agent Utilization Rate: This KPI measures the percentage of time that agents spend on call-related activities compared to their idle time. A high agent utilization rate indicates that resources are being used efficiently.
  5. Quality Scores: Quality scores assess the performance of agents based on factors like communication skills, adherence to scripts or guidelines, and the ability to resolve issues.

While these KPIs are important, it’s also crucial to remember that not every metric may be relevant to your specific business needs. For example, in today’s BPO world, focusing solely on AHT might not be as critical if it comes at the expense of customer satisfaction or FCR.

During the QBR, the following items should be discussed:

Lastly, here are some crucial questions that both parties should ask each other:

By following these best practices, businesses can ensure their QBR meetings with outsourcing vendors are productive, collaborative, and focused on continual improvement. Setting the right goals, and performance indicators, focusing not just on efficiency and productivity, but also on the quality of service and customer satisfaction is key. Tracking these metrics over time can help identify trends, monitor progress towards goals, and highlight areas for improvement.

We take your privacy very seriously. Promise