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TGM Classic | Fred Reichheld | Bain’s High Priest of Customer Loyalty Teaches the Secret to Winning on Purpose in Business

The Greatness Machine

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Redefining Value in Business

This chapter contrasts stakeholder value with shareholder value, advocating for a broader approach to measuring business success. It emphasizes the significance of customer relationships, employee engagement, and ethical considerations as essential components of sustainable business practices. The discussion highlights practical examples and metrics like Net Promoter Score (NPS) to illustrate how nurturing relationships can lead to long-term economic success.

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