Measuring Customer Satisfaction - Net Promoter Score

One method of measuring customer satisfaction is the Net Promoter Score.

D. Brown Management Profile Picture
Share

The Net Promoter Score / System (NPS) is a simple but rigorous survey methodology. 

Scoreboard: On a scale of 0-10 would you recommend ABC Construction for your next project? What is the primary reason for your answer?

Regardless of how you measure it, customer satisfaction is critical for a contractor and must be top-of-mind for everyone when looking at their scoreboard.  

NPS starts with a couple of simple questions:

  1. On a scale of 0-10, would you recommend ABC Construction for your next project? 
     
  2. What is the primary reason for your answer?

The important part is the follow-up on the reasons cited in the second question for continuous improvement.

Turning this methodology into a regular system is what can really set contractors apart. We have seen some contractors who survey their customers each month throughout a project and are continuously improving each month. This ensures recurring work with satisfied customers.




Cash Flow Myth 1 - Profitability Does Not Equal Cash Flow
Cash flow does not equal profitability. While in theory these two critical scoreboard metrics are disconnected in reality cash flow is a pretty reliable predictor of profitability both good and bad.
Talent Growth Triangle - Balance is Required
Building capabilities in a person takes a balanced approach, starting with clear standards, training, and consistent management.
Five Mountains - Where Are You At?
As you think about your career and business, there are five basic mountains to climb. Each has its own challenges and rewards. Each has its own peaks and valleys during the climb. Each progressively adds more value to the next generation.