Customer Service - Strategic Management of Customer Loyalty
Tuesday, July 21st, 2009We now know that building Customer Loyalty is key to success in any organization.
The philosophy was first articulated by Fredreich Reicheld – who studied the relationship between three factors - customer satisfaction, customer loyalty and profits. (Bain & Company)
He stated several facts that seem glaringly clear now, but until then, had not been clearly stated.
Tom Peters, author of the seminal business bible – ‘In Search of Excellence’, described great management ideas as ” a blinding flash of the obvious” - because they’re so right, so simple and so obvious. (more…)