Authors: Fred Reichheld
ISBN-13: 9781591397830, ISBN-10: 1591397839
Format: Hardcover
Publisher: Harvard Business Press
Date Published: March 2006
Edition: (Non-applicable)
Frederick F. Reichheld, Director Emeritus and Fellow at Bain & Co., is the bestselling author of The Loyalty Effect (1996) and Loyalty Rules (2001), both published by HBS Press.
One Question Can Determine Your Business s Future. Do You Know the Answer?
CEOs regularly announce ambitious growth targets, then fail to achieve them. The reason? Their growing addiction to bad profits. These corporate steroids boost short-term earnings but alienate customers. They undermine growth by creating legions of detractorscustomers who complain loudly about the company and switch to competitors at the earliest opportunity.
Now loyalty expert Fred Reichheld shows how to reverse the equation, turning customers into promoters who generate good profits and true, sustainable growth. The key: one simple questionWould you recommend us to a friend?that allows companies to track promoters and detractors and produces a clear measure of an organization s performance through its customers eyes. In industry after industry, this "Net Promoter Score" is the single most reliable indicator of a company s ability to grow.
Based on extensive research, The Ultimate Question shows how companies can rigorously measure Net Promoter statistics, help managers improve them, and create communities of passionate advocates that stimulate innovation. Vivid stories from leading-edge organizations illustrate the ideas in practice. Practical and compelling, this is the one bookand the one toolno growth-minded leader can afford to miss.Among management books, this one's a keeper.
1 | Bad profits, good profits, and the ultimate question | 3 |
2 | The measure of success | 23 |
3 | How the net promoter score (NPS) can drive growth | 39 |
4 | The enterprise story - measuring what matters | 59 |
5 | Why satisfaction surveys fail | 77 |
6 | The rules of measurement | 95 |
7 | Design winning customer strategies | 117 |
8 | Deliver - building an organization that creates promoters | 137 |
9 | Develop a community of promoters - by listening | 155 |
10 | One goal, one number | 175 |
App. A | The linkage between NPS and growth | 191 |
App. B | Winners and sinners for selected U.S. and U.K. industries | 195 |