Deep understanding of the decision making process can enhance the way an organisation addresses the pain points of their customers and stakeholders.
Here are three key lessons we have learned in our work researching how people make difficult decisions, especially long term decisions like whether or not to retire, or whether to invest in a self-managed super fund.
It's great to see that our qualitative customer experience and survey research can have such impact:
Our report describes how consumers decide to buy direct life insurance and how they decide how and what to buy. Our sense-making approach to research revealed how some consumers struggle with their experience. These products are complex so consumer understanding of their features is often poor.