Measuring Loyalty and Happiness Alumni Affairs March 2011 = 1,400 events 70,000 opportunities She’s smiling, she likes us! How can we quantify this? Net Promoter Score Based on your experience at this event, how likely are you to recommend a similar event to another Cornellian? Net Promoter Score Net Promoter Score Percentage of (10 + 9) MINUS Percentage of (0 + 1 + 2 + 3 + 4 + 5 + 6) EQUALS NPS Example (47.1+11.8) -MINUS(0+0+0+0+5.9+5.9+0) = NPS of 47.1% Representing NPS at various levels Net Promoter Score 25% SM Net Promoter Score 75% The NPS emoticons are service marks of Bain & Company, Inc. ® Net Promoter, Net Promoter Score and NPS are registered trademarks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld Industry Average Airlines 15% Grocery Stores 49% Cable TV -3% Credit cards 9% Health insurance -5% Company Score Jet Blue 60% Wegman’s 78% Apple 72% Verizon 13% USAA Home Insurance 78% 36% = CEN Webinars 63% = CEN 45% = CSV 56% = DJS Conversations 52% = Faculty Online Conversations 26% = CACO Webinars 71% = PCCW’s Annual Meeting 41% = CALC 2011 72% = TCAM 2010 Thoughts?