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Winning on Purpose

The Unbeatable Strategy of Loving Customers
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( 400 ratings, 33 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Winning on Purpose by Maureen Burns, Fred Reichheld, and Darci Darnell explores how customer loyalty and purpose-driven business practices can significantly boost a company's growth and success. The book delves into the strategic implementation of the Net Promoter System, providing insights into creating a customer-centric culture. It's a guide on harnessing the power of genuine customer relationships to drive sustainable business outcomes.
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Format: Hardback
$6499
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you're interested in how customer loyalty and purposeful business strategies can drive superior financial performance. The authors provide insights into creating exceptional customer experiences and how this focus can lead to sustainable success for businesses. If you're keen on integrating purpose-driven approaches in entrepreneurship, this could be an enriching read.

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Winning on Purpose

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Great leaders embrace a higher purpose to win. The Net Promoter System shines as their guiding star.

Few management ideas have spread so far and wide as the Net Promoter System (NPS). Since its conception almost two decades ago by customer loyalty guru Fred Reichheld, thousands of companies around the world have adopted itβ€”from industrial titans such as Mercedes-Benz and Cummins to tech giants like Apple and Amazon to digital innovators such as Warby Parker and Peloton.

Now, Reichheld has raised the bar yet again. In Winning on Purpose, he demonstrates that the primary purpose of a business should be to enrich the lives of its customers. Why? Because when customers feel this love, they come back for more and bring their friendsβ€”generating good profits. This is NPS 3.0 and it puts a new take on the age-old Golden Ruleβ€”treat customers the way you would want a loved one treatedβ€”at the heart of enduring business success. As the compelling examples in this book illustrate, companies with superior NPS consistently deliver higher returns to shareholders across a wide array of industries.

But winning on purpose isn't easy. Reichheld also explains why many NPS practitioners achieve just a small fraction of the system's full potential, and he presents the newest thinking and best practices for doing NPS right. He unveils the Earned Growth Rate (EGR): the first reliable, complementary accounting measure that can truly leverage the power of NPS.

With keen insight and moving personal stories, Reichheld advances the thinking and practice of NPS. Winning on Purpose is your indispensable guide for inspiring customer love within your own teams and using Net Promoter to achieve both personal and business success.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Many reviews commend Winning on Purpose for advocating that businesses should prioritise improving the lives of their customers, shifting from a shareholder to a stakeholder focus. The book is praised for its practicality and relevance in a digital age, with Reichheld's Net Promoter Score framework highlighted as both a moral guide and a tool for success. Renowned figures in business and academia consider it an essential read for achieving sustainable success through customer loyalty.

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Book Details

INFORMATION

ISBN: 9781647821784

Publisher: Harvard Business Review Press

Format: Hardback

Date Published: 07 December 2021

Country: United States

Imprint: Harvard Business Review Press

Illustration: Illustrations

Audience: General / adult, Professional and scholarly

DIMENSIONS

Width: 155.0mm

Height: 234.0mm

Weight: 0g

Pages: 256

About the Author

Fred Reichheld is the creator of the NetPromoter system of management, the founder of Bain & Company's Loyaltypractice, and the author of five books, including the New YorkTimes bestseller The Ultimate Question 2.0. He iscurrently a Fellow and Senior Advisory Partner at Bain, where he has workedsince 1977. He divides his time between Cape Cod andMiami.

Darci Darnell is the global head ofBain's Customer practice. She has served in multiple global leadership rolesand today sits on the firm's top elected governance committee. She is based inChicago.

Maureen Burns is a Senior Partnerin Bain's Customer practice. She is one of Bain's foremost experts on the NetPromoter System and Customer Loyalty. She is based inBoston.

You can find more about Fred Reichheld at:
bain.com/our-team/fred-reichheld
linkedin.com/in/fredreichheld
twitter.com/fredreichheld?lang=en

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