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Reduce the Grind, Boost Loyalty: How Customer Effort Score Drives Business Growth

Strategy Driven

Enhancing the customer experience is becoming increasingly vital for businesses to pursue sustained growth and customer loyalty. A critical metric, the Customer Effort Score (CES), is at the heart of this optimization. The principle is simple: make it easy, and they will return.

Loyalty 113
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CEOs Need Hard Data on Customer Loyalty

Harvard Business Review

And they use it the way other companies use financial reports — to inform operational and investment decisions. Philips used this data along with profitability figures to develop the right investment strategy for each business line and each customer account. In short, it is their primary management system.

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How to Become Truly Social

Coaching Tip

Winning in this environment requires more than new technology ; here are ten ways to become truly social in a world that is not just connected, but interconnected and interdependent: 1) Do away with one-way conversations. What will employees rely on to guide their interactions with customers now that they can communicate with them 24/7?

How To 110
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What Great Companies Know About Culture

Harvard Business Review

Those companies who are committed to a strong workplace culture tend to perform well, and now they are featured prominently in a new ranking recently released by Great Place to Work Institute. For this audience, it's imperative to communicate the company's commitment to being a great workplace. They know their audience.

Company 17
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What Shake Shack Knows About Growth that McDonald’s Has Forgotten

Harvard Business Review

With a technology focus, you might manage to launch a successful breakthrough, but your success will be short-lived because sustaining a technological advantage today is so difficult. These disparate efforts have compromised operational excellence. But debate remains on how to direct your firm’s focus as you grow.

Brand 8
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When The Customer Isn't Right

Harvard Business Review

She also receives a goodwill discount voucher of 10% as part of the store's customer loyalty initiative. But have they really committed a worse crime than the likes of Jayne, Dorothy or Natasha? Increasingly, deshoppers are operating in packs when returning goods, suggesting that the activity is becoming organized.

Retail 13
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How Banks Are Capitalizing on a New Wave of Big Data and Analytics - SPONSOR CONTENT FROM COGNIZANT

Harvard Business Review

Consumers can even sell their own data anonymously through technologies like Datacoup, which analyzes it and provides the results to companies. Mapping this group to its customer base, the bank can make targeted offers to customers who could be in the home or auto market in the next 30 to 90 days.