Most Customer Satisfaction Surveys Aren’t Useful.
Thursday, March 26th, 2009
There is a Harvard Business Review article entitled “The One Number You Need to Grow”. In it, the HBR teases us with the following nugget: “If growth is what you’re after, you won’t learn much from complex measurements of customer satisfaction or retention. You simply need to know what your customers tell their friends about you.”
The article’s author Frederick Reichheld tells the tale of a group of Fortune 500 executives at a customer service symposium swapping stories on what revs their customers’ engines and generates successful consumer loyalty. But CEO’s from high-profile brands like State Farm Insurance, Chick-a-Fil, Vanguard and others really pricked their ears up during a talk from Andy Taylor, the CEO of Enterprise Rent-a-Car, a talk that Reichheld describes as “riveting”.
According to Reichheld, Taylor and his senior team had figured out a way to measure and manage customer loyalty without the complexity of traditional customer surveys.






