Free Practice Questions for Cisco 820-605 Exam

The financial implication of churn is reduced revenue. When customers discontinue their subscriptions or stop purchasing products, the company’s revenue decreases. References: Financial analyses related to customer churn highlight the direct impact on revenue, emphasizing the importance of retaining customers to maintain financial stability.

 Contract renewal is a lagging indicator of customer value realization because it typically occurs after the customer has experienced the full benefits of the product or service and decides to continue the relationship.

Two barriers to adoption within an organization are inadequate knowledge and skills, and organizational silos. Inadequate knowledge and skills refer to the lack of necessary training or expertise among employees to effectively use a new solution. Organizational silos occur when different departments or groups within an organization do not share information or collaborate effectively, which can hinder the adoption of new solutions across the organization

The customer is in the Advocate stage. After the adoption barriers were addressed and the customer’s business goals were fulfilled, the customer’s satisfaction led them to share their positive experience with the solution in blogs and social media, advocating for the product

 The stakeholder responsible for ensuring that the customer realizes value from solutions coming up for renewal is the Customer Success Manager. Their role is to work closely with the customer to ensure they are achieving their desired outcomes with the solution and to address any concerns that may affect the renewal decision.

To mitigate the risk of lack of adoption with a new leadership team, the Customer Success Manager must address and resolve all technical issues that may be hindering adoption and review the original business case to reassess desired outcomes with the new leadership. These activities ensure that any obstacles to successful adoption are removed and that the new leadership’s goals and expectations are aligned with the solution’s capabilities

Adopting a lifecycle approach with proactive reviews of service performance against predefined KPIs can help prevent disagreements over the value of delivered work. This approach ensures that both parties have a clear understanding of the expected outcomes and can address any issues before they escalate into significant disagreements. 

When a customer moves from the Implement to the Use stage in the lifecycle, it is crucial for a Customer Success Manager to provide training content that addresses both current and existing barriers. This action ensures that the customer’s team is equipped with the necessary knowledge and skills to effectively use the product, leading to better adoption and utilization1.

A SWOT analysis helps in understanding the strengths, weaknesses, opportunities, and threats related to a customer’s business environment, providing insights that can be used to tailor customer success strategies. References: 1

Employee satisfaction is critical when relocating to ensure talent retention during the transition. Cost efficiency is also essential as the relocation aims to reduce costs. Both outcomes support the company’s success during such a significant change. References: Cisco Customer Success Manager documentation1.