How can businesses ensure that customer feedback is not only collected and analyzed effectively, but also utilized to foster a culture of continuous improvement and customer-centricity within their organization?

Businesses can ensure that customer feedback is effectively collected by using a variety of channels such as surveys, social media, and customer service interactions. To analyze feedback effectively, businesses can use data analytics tools to identify trends and patterns. To foster a culture of continuous improvement and customer-centricity, businesses should involve all employees in the feedback process, prioritize actionable feedback, and regularly communicate actions taken based on customer input. Additionally, businesses can incentivize employees to prioritize customer feedback and make improvements based on customer insights.