The Net Promoter System Podcast show

The Net Promoter System Podcast

Summary: Loyal customers spend more, stay longer and tell their friends about their experiences. In the Net Promoter System Podcast, Bain & Company's Rob Markey talks to business leaders who are using the management system to create experiences that keep customers coming back.

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  • Artist: Bain & Company
  • Copyright: Net Promoter® and NPS® are registered trademarks and Net Promoter Score and Net Promoter System are trademarks of Bain & Company, Satmetrix Systems and Fred Reichheld. © 1996-2014. Bain & Company

Podcasts:

 Ep. 81: The Art of Human Connection | File Type: audio/mpeg | Duration: 37:12

Some people have a knack for forming genuine human connections whether it’s with customers, colleagues or employees. They have a gift for making people feel special. The ability to speak with authenticity and authority might come natural to some people, but it’s a skill that can be learned, says Jordan Harbinger, cofounder of The Art of Charm, a program that teaches people how to improve their social skills. Why should this matter to Net Promoter companies? These skills are critical to delighting customers and engaging employees as Jordan explains in this episode.

 Ep. 80: Shorts - The Infrastructure Behind an Effective Net Promoter System | File Type: audio/mpeg | Duration: 2:55

Recreating the same customer intimacy that an individual shopkeeper can provide is possible for large organizations if they have an operational infrastructure that can foster high-quality interactions on a bigger scale. Rob Markey explains how in this Net Promoter System Podcast short.

 Ep. 79: What Makes Customers Buy? It's Not Always What You Think | File Type: audio/mpeg | Duration: 47:49

In the US, we're used to seeing sale signs that tout 40% discounts. However, consumers in China are more likely to see signs that promote the percentage a customer will have to pay after the price cut. This seemingly subtle shift speaks to the underlying motivations that inform a customer's buying decisions, says Angela Lee, a consumer psychologist and marketing professor at Northwestern University’s Kellogg School of Management. In this episode, Angela discusses how culture and emotions influence brand loyalty and buying choices.

 Ep. 78: The Gift of Brutally Honest Feedback | File Type: audio/mpeg | Duration: 48:00

Have you ever found it hard to tell an employee that his work simply wasn’t cutting it? Maybe you were afraid of hurting the employee's feelings or creating tension, so you decided not to say anything. Kim Scott, an executive coach and former Google executive, considers these situations missed opportunities for growth. She argues that honest criticism that’s shared with sincere concern can empower employees at every level of a company. In this episode, Kim discusses her Radical Candor framework and the power of saying what you think.

 Ep. 77: How to Get More Out of Your Net Promoter System | File Type: audio/mpeg | Duration: 38:22

It’s a scenario that we routinely face: a company starts off using the Net Promoter System with great enthusiasm, gets a number of quick wins and then hits a wall. They inevitably ask themselves: “What are we doing wrong?” My colleague Aaron Cheris, one of the chief architects of Bain’s Net Promoter System, gets this question a lot. So he helped craft an assessment tool that allows companies to measure their efforts in a straightforward and quantitative fashion. His premise was simple: find out what Net Promoter leaders are doing and work backward to understand why their results are so stellar. In this episode, Aaron discusses how companies use the assessment tool and what Net Promoter leaders do differently.

 Ep. 76: How to Stay Married (to Your Customers) | File Type: audio/mpeg | Duration: 48:23

Maurice FitzGerald, the recently retired vice president of customer experience for the software business at Hewlett-Packard Enterprise, has been happily married for more than 25 years. But one Valentine’s Day, he had an epiphany about why some couples stay together for the long haul and others don’t—and why that knowledge is so critical to improving an organization’s customer experience. Maurice shares those insights and others from his Net Promoter experience at HP Enterprise in this episode.

 Ep. 75: Creating a Service Culture That Keeps Customers Coming Back—for Life | File Type: audio/mpeg | Duration: 49:01

Under Jack Brennan's leadership, Vanguard became an early adopter of the Net Promoter System. With it, customer loyalty became core to how the investment company operated. Jack pushed employees to ask "Are we doing the best thing for the client?" until the question became second nature to them. The goal was always to keep clients for life and to never take on a client they couldn't keep that long. In this episode of the Net Promoter System Podcast, Jack shares some of the practical lessons he learned from his experience at Vanguard.

 Ep. 73: Shorts - Creating a Reliable Metric | File Type: audio/mpeg | Duration: 3:35

The Net Promoter System is about creating a culture in which companies make better decisions on behalf of their customers. The only way to do that is to get reliable feedback from customers, says Rob Markey in this Net Promoter System Podcast short.

 Ep. 72: Shorts - Developing a Root Cause Capability | File Type: audio/mpeg | Duration: 3:00

Customers can explain what's bothering them or what they like about a company. But they don’t always know the full story behind their own feelings. Rob Markey discusses the importance of digging deeper into customer feedback in this Net Promoter System Podcast short.

 Ep. 71: Shorts - The Keys to Effective Learning | File Type: audio/mpeg | Duration: 2:44

Customer feedback has traditionally been used to evaluate performance, not necessarily improve it. The Net Promoter System, however, seeks to empower employees by teaching them the skills they need to generate loyalty and enthusiasm among customers. Rob Markey explains how in this Net Promoter System Podcast short.

 Ep. 70: The Business of Habits: Why You Just Can’t Put Down Your Phone | File Type: audio/mpeg | Duration: 46:46

Fifty years ago, few people could have guessed some of today's most common habits. Habits like having a mobile phone within arm's reach at all times; checking Facebook or email multiple times an hour, or calling an Uber instead of a cab. All companies dream of inspiring such new and compelling habits in their customers, but few manage to achieve it. Nir Eyal, author of Hooked: How to Build Habit-Forming Products, shares his theories on what sets these products apart.

 Ep. 69: The Biggest Challenges of Adopting the Net Promoter System | File Type: audio/mpeg | Duration: 40:56

The Net Promoter System is simple in concept, but adopting it can be a cataclysmic event for an organization. From asking frontline employees to reach out to customers to asking finance to manage new metrics, turning Net Promoter into tangible results typically requires significant culture change. Bain Partners Andreas Dullweber, Jason Barro and Maureen Burns discuss some of the biggest hurdles they encounter as they help companies build customer-centric cultures.

 Ep. 68: Shorts - Converting Loyalty Into Economic Advantage | File Type: audio/mpeg | Duration: 3:53

Earning goodwill among your customers isn't enough to ensure long-term growth. Leaders must also create the conditions that enable and encourage loyal customers to do what they’re inclined to do anyway. They have to offer customers a continuing stream of products or services that stand out from the competition. They have to deliver those goods at the right price, at the right time, through the right channels, using the right messages. And sometimes they have to help customers communicate their experiences to friends, relatives and the world at large, as Rob Markey explains in this Net Promoter System Podcast short.

 Ep. 67: Shorts - From feedback to action | File Type: audio/mpeg | Duration: 2:42

Customer feedback is pointless if a company doesn't use it to improve the customer experience. To create loyalty, Net Promoter System companies use this input to address individual customers' concerns and inform systemic improvements, explains Rob Markey in this Net Promoter System Podcast short.

 Ep. 59: Shorts - Your best employees work for love, not money | File Type: audio/mpeg | Duration: 4:49

In this Net Promoter System Podcast short, Rob Markey explains why it's important to create conditions that will help employees succeed before connecting Net Promoter Scores to compensation. Learn more: Your best employees work for love, not moneyConverting loyalty into economic advantage

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