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The Customer Success Professional's Handbook By Ashvin Vaidyanathan

The Customer Success Professional's Handbook by Ashvin Vaidyanathan

Condition - Very Good
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The Customer Success Professional's Handbook Summary

The Customer Success Professional's Handbook: How to Thrive in One of the World's Fastest Growing Careers-While Driving Growth For Your Company by Ashvin Vaidyanathan

The definitive Customer Success Manager How-To-Guide for the CSM profession from Gainsight, who brought you the market-leading Customer Success The Customer Success Manager has become a critical asset to organizations across the business landscape. As the subscription model has spread from the cloud and SaaS to more sectors of the economy, that pivotal role will only grow in importance. That's because if you want to compete and thrive in this new environment, you need to put the customer at the center of your strategy. You need to recognize you're no longer selling just a product. You're selling an outcome. Customer Success Managers (CSM) are committed to capturing and delivering those outcomes by listening to their customers, understanding their needs, and adapting products and services to drive success. Although several existing resources address the customer success imperative, there is no authoritative instruction manual for the CSM profession-until now. The Customer Success Professional's Handbook is the definitive reference book for CSMs and similar roles in the field. This practical, first-of-its-kind manual fills a significant gap in professional customer success literature, providing the knowledge every CSM needs to succeed-from the practitioner level all the way to senior leadership. The authors-acknowledged experts in building, training, and managing Customer Success teams-offer real-world guidance and practical advice for aspiring and experienced CSMs alike. The handbook is written by practioners for practioners. An indispensable resource for front-line Customer Success Managers, this much-needed book: Demonstrates how to build, implement, and manage a Customer Success team Helps new CSMs develop their skills and proficiency to be more employable and grow in their careers Provides clear guidance for managers on how to hire a stellar CSM Presents practical tactics needed to drive revenue growth during renewal, expansion, and customer advocacy opportunities Explains proven methods and strategies for mentoring CSMs throughout their careers Offers valuable insights from Gainsight, the Customer Success Company, and the broader customer success community with more than a dozen of the industry's most respected leaders contributing their perspectives Currently, with over 70,000 open positions, Customer Success Manager in one of the fastest-growing jobs in the world. The Customer Success Professional's Handbook: How to Thrive in One of the World's Fastest Growing Careers-While Driving Growth For Your Company will prove to be your go-to manual throughout every stage of your CSM career.

About Ashvin Vaidyanathan

ASHVIN VAIDYANATHAN is the Chief Customer Officer at Gainsight the Customer Success Company. Ashvin started at Gainsight as a Customer Success Manager and spent many of his early years at Gainsight building new and innovative processes. Prior to Gainsight, Ashvin was at McKinsey & Company consulting with companies on Marketing, Sales and Customer Experience transformations. When not at Gainsight, Ashvin is an advisor to several companies on the subjects of Customer Success and Customer Experience. RUBEN RABAGO is Gainsight's Chief Strategist. He launched Pulse+, a refreshed continuation of the world's largest education program for Customer Success professionals and provides curriculum guidance to universities. Ruben also leads Gainsight's community outreach intended to elevate diversity in the profession. He was one of Gainsight's first CSMs and has more than 20 years of experience growing customer teams in traditional and SaaS-based companies, and currently serves as advisor to Customer Success professionals around the globe. CONTRIBUTORS Alan Armstrong, CEO, Eigenworks Carine Roman, Global Head of Customer Success at LinkedIn Talent Solutions Chad Horenfeldt, VP of Client Success, Updater Chrisy Woll, VP of Customer Success, CampusLogic David Kocher, VP of Customer Success, GE Digital Easton Taylor, Director of Customer Success, Gainsight Eduarda Camacho, Executive VP, Customer Operations at PTC Elaine Cleary, Principal CSM, Director of Education Services, Gainsight Erin Siemens, SVP Client Success, ADP John Sabino, Chief Customer Officer, Splunk Jon Herstein, Chief Customer Officer, Box Mary Poppen, Chief Customer Officer, Glint Nadav Shem-Tov, Director of Teammate Success-CS, Gainsight Patrick Eichen, VP Client Success, Cornerstone OnDemand Stephanie Berner, Global Head of Customer Success at LinkedIn Sales Solutions Travis Kaufman, VP of Product Growth, Gainsight

Table of Contents

Contributors xvi Foreword xvii Part I What is Customer Success and Why is it a Great Career? 1 Chapter 1 Customer Success Management: The Birth of a New Profession 3 The Age of the Customer 9 The Critical Missing Function 12 The Birth of the Customer Success Manager 15 Endnotes 18 Chapter 2 Defining the Customer Success Manager Role 21 Goals: Increase Retention, Reduce Churn, Drive Growth 21 The Consumption Gap 23 The Customer Success Equation 24 What Customer Success Management is Not 27 A Career or a Springboard to a Real Profession? 29 Endnotes 33 Part II The Core Skills of a Great CSM 35 Chapter 3 A Day in the Life of a Customer Success Manager 37 Putting Customer Success into Practice 37 Being a Customer Success Manager - A Personal Testimonial 44 The Three Core CSM Competencies 46 Chapter 4 The CSM Skills Required in an Ever-Evolving Business World 51 How to Develop Your Industry and Category Knowledge 52 Network with Mentors and Industry Experts 54 Product Expertise is Your Ticket to Greatness 57 Endnote 60 Chapter 5 Learn How to Empathize and Build Relationships with Customers 61 1. Be Introspective and Self-Aware 63 2. Communicate with Intent, Precision, and Persuasion: Be a Trusted Advisor 66 3. Consistently Follow-Up to Create and Grow Trust 68 4. How to Respond When You Don't Know the Answer 69 5. Stay Focused and Positive When Situations are Difficult; Learn From Them 70 6. Read People In-Depth and With a #HumanFirst Lens of Compassion 71 7. Genuinely Connect with Customers: it is Personal and it is Your Business 73 Endnotes 76 Part III Operationalizing Customer Success 77 Chapter 6 Preparing for Your Engagements and Asking Questions Like a Problem-Solving Consultant 79 The Need for a 360o View of the Customer 80 Do Your Homework: Prepare for Every Customer Engagement 83 The Art of Discovery: Asking the Right Questions to Get to the Heart of the Customer's Problem 87 Endnotes 94 Chapter 7 Defining the Journey to Customer Outcomes 95 Customer Lifecycle, Journey Map, Customer Journey 96 Segment Your Customers 104 Endnotes 110 Chapter 8 Operationalize Your Customer Journey with Moments of Truth 111 Identifying Your Moments of Truth 112 Sales-to-Onboarding Handoff 114 Welcome the Customer and Onboarding Kickoff 115 Launch or Go-Live 116 New Customer Executive or Champion 116 Business Reviews: For the Executive and More 117 Renewals 122 Endnotes 124 Chapter 9 Using Customer Health Scores to Manage Your Customers 127 Health Scores: How to Know If Your Customers are Doing Well 127 Designing Your Outcomes Health Score 129 Designing Your Experience Health Score 133 Setting the Right Thresholds 135 Other Frameworks to Design Your Health Score 136 Putting Health Scores to Work for You 139 The Future and Human-Element of Customer Health Scorecards 142 Endnotes 146 Chapter 10 Voice of the Customer and Your Tech-Touch Strategy 147 How to Get Meaningful Customer Feedback 147 The Hidden Value of Customer Feedback 151 Tech Touch: The Secrets of Low-Touch Customer Success 154 Onboarding Tech-Touch Workflow 155 Renewals Management Tech-Touch Workflow 158 Risk Management Tech-Touch Workflow 158 Advocacy Management Tech-Touch Workflow 161 Endnote 163 Chapter 11 Help Customers Achieve Their Business Goals 165 Adoption Management: How to Proactively Manage Product Use and Adoption 166 Success Planning: Make Sure the Customer Gets the Long-Term Results They Expect 172 Identify Business Objectives 173 Strategy Session 173 Document the Plan 175 Track Value 175 Product Experience - Improving Your Product is Your #1 Priority 176 Endnote 180 Chapter 12 Drive Revenue Growth Through Engagement, Proactive Risk Management, Churn Analysis, Expansion, and Advocacy 181 Stakeholder Alignment: How to Manage Executive Sponsors and Other Customer Stakeholders 182 Risk Management: What to Do When a Customer is Trending Toward Cancelling: How to Proactively Escalate Risk and Save the Customer 185 Reduce Churn with a Deep Understanding of Why Your Customers Have Left 190 Expansion Management: Understanding White Space in Your Customer Base to Upsell and Cross-sell Your Products and Services 199 Advocacy Management: How to Turn Your Best Customers into Evangelists 202 Endnote 205 Part IV Retaining and Developing the Best CSMs 207 Chapter 13 Managing a Customer Success Team 209 Segmentation and Aligning a Customer Success Manager to the Right Customer 209 Determining the Best Customer Success Manager-to-Customer Ratio and CSM Profiles 214 Compensating Your Customer Success Managers 219 Dashboards to Manage the Customer Success Team 222 Chapter 14 Creating Career Paths for Your Customer Success Managers 229 Designing CSM as a Career 229 Creating Career Paths within the CS Function 230 Conducting a Comprehensive Talent Review Process 238 Creating Career Paths Between Functions 240 Conclusion 243 Acknowledgments 245 About the Authors 251 Index 253

Additional information

CIN000911805
9781119624615
1119624614
The Customer Success Professional's Handbook: How to Thrive in One of the World's Fastest Growing Careers-While Driving Growth For Your Company by Ashvin Vaidyanathan
Used - Very Good
Hardback
John Wiley & Sons Inc
20200319
288
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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