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Why Mission Statements Fail

LDRLB

We know that they have greater profitability, not just because they’re performing better but because customers respond to purpose-driven organizations. We know purpose-driven companies have a lower cost of customer acquisition, longer tenure of customer loyalty, and higher net promoter scores.

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Why Mission Statements Fail

LDRLB

We know that they have greater profitability, not just because they’re performing better but because customers respond to purpose-driven organizations. We know purpose-driven companies have a lower cost of customer acquisition, longer tenure of customer loyalty, and higher net promoter scores.

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Engage Employees Using Customer Service Tactics

Harvard Business Review

They promptly distribute the scores and verbatim responses to frontline reps and supervisors, who follow up right away with unhappy customers, fixing the problems wherever possible. And these companies build closed-loop learning into their daily operations so that they're constantly improving. That's how it's done at Apple stores.

Tactics 14
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Transform Your Employees into Passionate Advocates

Harvard Business Review

We have been studying the links between employee engagement and customer loyalty for a few years now, and we've found that the only route to employee happiness that also benefits shareholders is through a sense of fulfillment resulting from an important job done well. My colleagues and I agree with that.

Survey 16
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The Barriers Big Companies Face When They Try to Act Like Lean Startups

Harvard Business Review

Better-quality feedback from customers and stakeholders, often because you’re asking them to actually buy something, rather than just spout opinions in a focus group. “Getting out of the building” to speak to and observe real customers and stakeholders. A faster cycle time for developing ideas.

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Top Ten Pitfalls to Avoid When Going Social in the Business World.

Strategy Driven

Social media and community collaboration bring many benefits, including brand-building, customer loyalty and retention, cost reductions, improved productivity, and revenue growth. Pitfall #7: Neglecting employees, partners, investors, or customers when building your Social Nation.

Media 50
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How to Design a Corporate Wellness Plan That Actually Works

Harvard Business Review

Boosting engagement in wellness can only be achieved when workers own the program, understand how they and the company benefit, and are given a meaningful voice in its ongoing operation. There are a few simple ways to start doing this. There are a lot of misconceptions about wellness programs out there.