Business Services Industry

Are your front-line workers undermining customer loyalty? (Customer Loyalty).(Brief Article)

Customer Interface, January, 2002 by Fraser, Sarah

Employee loyalty is not just a virtue - it's the key to profitable growth, and directly tied to customer loyalty. That's the finding of new Bain & Company research and a book by Bain & Company Fellow, Frederick Reichheld. Reichheld, author of "The Loyalty Effect," postulates that employee loyalty is especially important in today's uncertain economy, amid rampant layoffs and that keeping customers must be a priority for corporate growth.

He adds, "the only way a company can build a loyal customer base is by building committed relationships with the employees responsible for serving those customers." And, Reichheld goes a step further, saying that by keeping profitable customers and building relationships with them, the "loyalty leader" companies he...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement