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Employee Culture: Why Amazon is on Top and Bank of America Isn’t

Beyond Philosophy

Each year, we do a Global Leader Survey of top executives in Customer Experience Management. Last year’s survey revealed that Amazon claimed the top spot and Bank of America…well, didn’t. That is to say, Amazon has it—and Bank of America doesn’t. I would argue that this is true of Bank of America.

Banking 347
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Employee Culture: Why Amazon is on Top and Bank of America Isn’t

Beyond Philosophy

Each year, we do a Global Leader Survey of top executives in Customer Experience Management. Last year’s survey revealed that Amazon claimed the top spot and Bank of America…well, didn’t. That is to say, Amazon has it—and Bank of America doesn’t. I would argue that this is true of Bank of America.

Banking 150
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Key Learning from 15 Years of Net Promoter Stats

Beyond Philosophy

My recent experiences with my cable company have been the complete opposite. This poor Customer Experience is one reason I now use Netflix more than my cable company. For those of you that don’t know, Net Promoter Score (NPS) represents the likelihood a Customer would recommend your product or service to other people (i.e.,

Banking 383
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The Surprising Effect of Choice Architecture on Your CX

Beyond Philosophy

We discussed Choice Architecture on a recent podcast and how it could be affecting your Customer Experience. In an experiment in 2003, researchers Eric Johnson and Dan Goldstein discovered that positioning the choice of organ donation as Explicit Consent or Presumed Consent made a significant difference in organ donation rates.

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How to Set Industry NPS Benchmarks and Why It Matters

Lumoa

The NPS system was created by Fred Reichheld and his team at Bain & Company and Satmetrix Systems in 2003 to help companies improve their marketing strategies to better serve customers’ needs with real, verifiable data that they could analyze and act on. while the average NPS score for the banking industry is 23.6,

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Basements, Not Garages: A Midwest Story of Innovation

Revation Systems

When Revation Systems was merely an idea, the year was 2003 and two telecomm industry veterans started working in their Minnesota basement to create what would become Revation Systems. With this technology, it became easier to expand call center capabilities and help patients receive better customer service. Built in a Basement.

Banking 48
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Basements, Not Garages: A Midwest Story of Innovation

Revation Systems

When Revation Systems was merely an idea, the year was 2003 and two telecomm industry veterans started working in their Minnesota basement to create what would become Revation Systems. With this technology, it became easier to expand call center capabilities and help patients receive better customer service. Built in a Basement.

Banking 48