Net Promoter Score (NPS)

Was there ever such a derisive term in the field of customer analytics?  Most likely not!  Fred Reicheld, of Bain, wrote a book entitled the Ultimate Question in which he posits organizations need track only a single metric to predict the performance of the organization.  This one, magical measure he entitled Net Promoter Score (NPS) which involved measuring a customers likelihood of recommending the company to someone else.  A lot of name brand companies (e.g., Amex, Lego, etc.) have adopted NPS, but a ton of criticism has been heaped on it.

My take is that I weigh in favor of NPS.  Not as single cure all metric, but as a successful effort to get the C-suite talking about customer experience and relationship management.

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