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In 2001, author and consultant Patricia Seybold could see that technology was having a profound impact on business economics. For example, just 24% of customer success leaders responsible for accounts with ACVs of $5,000 or less have veto authority over bad-fit customers. Businesses had to become more customer-centric.
Her grade 3 reading program follows an 8-step cycle, with steps 2 through 8 repeating throughout the year: Data-gathering: based on PM Benchmarks and DRA assessment. She used an early reading sample as a diagnostic assessment, along with data from PM Benchmarks and DRA assessments. Step 8: Student meeting with parent and teacher.
B2C companies with thousands or millions of customers, for instance, should make sure that their benchmark goals are based on robust customer feedback. Bonus programs do not need to include every employee either — in fact, bonuses are typically reserved only for the people who are accountable for the customer experience.
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