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Ep. 130: Bain's Jeff Melton | The Metrics That Matter Most

Mar 23, 2018 Rob Markey talks to Bain Partner Jeff Melton, co-leader of Bain Simple & Digital, an approach that helps companies apply digital technology where it matters. Jeff discusses the importance of choosing the right metrics to gauge a customer episode and what happens when companies choose the wrong ones.

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Ep. 129: Dell's Marc Stein | Bringing Net Promoter to Scale

Mar 1, 2018 Dell has been collecting customer feedback since Michael Dell dropped out of college three decades ago and founded the company. It's part of the company's DNA. The computer maker began its Net Promoter journey a decade ago when it was trying to connect customer satisfaction with economic outcomes. Now the company has a robust Net Promoter System that informs major projects and innovations.

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Ep. 128: FireDisc's Griff and Hunter Jaggard | Stoking the Entrepreneurial Spirit

Feb 8, 2018 Rob Markey welcomes Griff and Hunter Jaggard, the brothers behind the FireDisc, a portable propane cooking surface that has become required gear among outdoor enthusiasts. They launched their company in 2010 with a tractor plow disc and an idea inspired by their Texas childhoods, and they have been using Net Promoter to help guide their efforts.

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Ep. 127: Q&A with Maurice FitzGerald | Boning Up on Behavioral Economics

Jan 11, 2018 When responding to an angry customer, few words are as effective as "I'm sorry." And yet, it's so hard for some people to apologize sincerely. Why? In this episode, host Rob Markey welcomes back Maurice FitzGerald, retired vice president of customer experience at HP Software and author of Net Promoter—Implement the System. Together, Rob and Maurice will discuss how behavioral economics can inform companies' interactions with customers and how they use the Net Promoter System.

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Ep. 126: Q&A with Maurice FitzGerald | Are Cultural Differences at Play?

Dec 14, 2017 How does a customer's country of origin affect the feedback they provide about service experiences? Are certain countries home to naturally tough critics? Do people in some countries view rating scales differently? Cultural differences play a role in Net Promoter feedback, but to a far lesser degree than many practitioners assume.

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Ep. 125: Darci Darnell | Bringing Net Promoter to the People

Nov 30, 2017 Despite companies' best efforts to engage their teams, more than half of employees say they are uninspired and dissatisfied in their roles, according to Bain research. Only 19% of employees say they're inspired and satisfied—a huge opportunity for companies that learn to tap their teams' potential. We've spent the last several years studying companies' best engagement methods and distilling them into a simple approach that other companies could adopt to get their employees' best. We call it Net Promoter for People.

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Ep. 124: Q&A with Maurice FitzGerald | Rallying Teams Around Net Promoter

Nov 16, 2017 Building internal support for a fledgling Net Promoter System can be one of the biggest challenges of getting such an effort off the ground. It requires leaders to not only have a strong grasp of loyalty economics and the company's strategy, but the softer skills necessary to inspire and teach employees to do the right thing for customers. In this episode, host Rob Markey welcomes back Maurice FitzGerald, retired vice president of customer experience at HP Software and author of Net Promoter—Implement the System.

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Ep. 123: Michael Farmer | Inside Madison Avenue's Loyalty Challenge

Nov 2, 2017 No industry has escaped the disruption of digital technology. Advertising is no exception. Ad agencies, which previously thrived in what was once a loyalty-based industry, are now facing new competition as they struggle to hold on to client relationships. Advertising fee structures have also changed, along with customer expectations.

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Ep. 122: Q&A with Maurice FitzGerald | The Net Promoter Games People Play

Oct 19, 2017 Begging customers for strong scores. Only seeking feedback from customers who had positive outcomes. Altering contact information to make dissatisfied customers hard to reach. When it comes to gaming the Net Promoter System, we've seen it all and one thing is always clear: When employees intentionally undermine a company's efforts to understand customers and improve service, everyone loses.

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Ep. 121: Aisling Hassell | Unlocking Airbnb's Culture of Trust

Oct 5, 2017 Airbnb launched 10 years ago when roommates Brian Chesky and Joe Gebbia decided to rent out an air mattress on the floor of their San Francisco living room to make a few extra bucks. Now it's a $31 billion hospitality giant that has created a whole new category of lodging. Airbnb's unique business model, which allows people in more than 190 countries to rent their homes to travelers, requires a high level of trust among not only guests and hosts, but also employees and managers. The company has gone to great lengths to infuse that sense of trust, inside and out.

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Ep. 120: Q&A with Maurice FitzGerald | Why Response Rates Matter

Sep 21, 2017 The statistical validity of the Net Promoter Score depends on response rates; the higher the rate, the greater the accuracy. Low response rates can easily undermine a company's Net Promoter System, causing leaders to overlook burgeoning problems or wrongly assume that customers are happy. In this episode, host Rob Markey and Maurice FitzGerald, retired vice president of customer experience at HP Software and author of Net Promoter—Implement the System, tackle common questions about response rates. Learn more: Creating a Reliable Metric

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Ep. 119: Jennifer Hyman | How Rent the Runway Makes a Statement with Style—and Service

Sep 7, 2017 People feel good when they look good—it doesn't take a fashion expert to tell you that. But that feeling compounds when you make it easy for people to access clothing that's unique, fits well and suits the occasion. That's the Rent the Runway approach. The company launched in 2009 with a mission to help women feel their best by renting them designer clothing and accessories through an innovative subscription model.

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Ep. 118: Q&A with Maurice FitzGerald | What's in a Benchmark?

Aug 24, 2017 What does it take to develop meaningful competitive benchmark Net Promoter Scores? What is the relationship between benchmark trends and revenue? What if your company is small or operates in a niche industry with few competitors for comparison? Competitive benchmark Net Promoter Scores provide an objective and fair basis for comparing your company's feedback to the feedback your competitors earn.

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Ep. 117: Eric Almquist | What Do B2B Customers Want?

Aug 10, 2017 What do customers really want when they buy a product? Some benefits are fairly obvious—convenience and quality, for example. But some customers, even those in business-to-business (B2B) markets, are seeking far more from their purchases—hope, self-actualization and motivation. Bain Partner Eric Almquist returns to the Net Promoter System Podcast to discuss developments in his Elements of Value framework and how companies are using it.

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Ep. 116: Sarah Robb O'Hagan | Going to Extremes for Customers

Jul 27, 2017 When faced with a scrappy challenger, it's not hard for established brands to lose sight of their core customers, especially if they're in a highly competitive market. These situations usually arise when an established brand starts to lose market share to a buzzworthy upstart. When that happens, a company's leaders might debate whether they should change course to chase a new competitor or try to reconnect with the brand's base. Sarah Robb O'Hagan, CEO of the indoor cycling company Flywheel Sports, knows this scenario well.

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Ep. 115: Maurice FitzGerald | Tackling Net Promoter Questions from Practitioners on LinkedIn

Jul 13, 2017 What if a company wants to adopt the Net Promoter System, but lacks the resources and time to fully implement each aspect of the framework? Is something better than nothing? In this episode, Rob Markey welcomes back Maurice FitzGerald, the retired vice president of customer experience at HP Software and author of Net Promoter—Implementing the System. Together, Rob and Maurice will tackle this question and others submitted by members of the Net Promoter System Forum on LinkedIn, a group for Net Promoter practitioners that Maurice manages.

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Ep. 114: Fred Debruyne | The Secret to Happier Customers? Think Simple and Digital

Jun 29, 2017 Telecom executives are under pressure from their customers, shareholders and other stakeholders to become more digital, to exploit the new technologies and opportunities that will enable them to deliver more services and operate more efficiently. Some companies approach their digital transformation as a series of boxes to be ticked: mobile apps, better web services, more online transactions. But these companies are missing out on an opportunity to reinvent themselves.

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Ep. 113: Shorts | Maintaining Customer Intimacy at Scale

Ep. 113: Shorts | Maintaining Customer Intimacy at Scale

Jun 8, 2017 In the old days, shop owners were on a first-name basis with their customers. Of course, the owners cultivated these relationships within their communities for years, allowing for the intimacy that so many companies aspire to today. It's tough to achieve—top leaders often drift further away from the front lines as a company grows. But technology is changing all that.

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Ep. 112: Tom Springer | Mining the Big Data Opportunity in Customer Loyalty

May 18, 2017 If you're an angry customer, the last thing you want is another generic offer from the company that has raised your ire. These missteps can irreparably damage a relationship. But companies that know how to collect, analyze and act on customer data will learn to avoid these situations, says my colleague Tom Springer, who leads Bain's Advanced Analytics practice. They'll use that data to calibrate their offers based on a customer's level of advocacy, allowing them to expand relationships with promoters and avoid missteps that might leave detractors feeling exploited.

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Ep. 111: Shawn Achor | Why a Little Praise Goes a Long Way

Apr 27, 2017 Employees who are sincerely happy almost always provide a better customer experience. But what can companies do to make a meaningful difference in how employees feel about their work? Shawn Achor, The New York Times best-selling author of The Happiness Advantage and Before Happiness, says that companies can do a lot. In fact, sometimes the solutions are as simple as encouraging social interaction and praise.

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