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The New Gold Standard: 5 Leadership Principles for Creating a Legendary Customer Experience Courtesy of the Ritz-Carlton Hotel Company | 
 enlarge | Author: Joseph Michelli
Publisher: McGraw-Hill
Category: Book
List Price: $24.95
Buy New: $12.24
You Save: $12.71 (51%)
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Rating:  4 reviews
Sales Rank: 4098
Media: Hardcover
Edition: 1
Number Of Items: 1
Pages: 224
Shipping Weight (lbs): 1.1
Dimensions (in): 8.6 x 5.7 x 1.1
ISBN: 0071548335
Dewey Decimal Number: 658.4092
EAN: 9780071548335
ASIN: 0071548335
Publication Date: June 13, 2008
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
Condition: Brand New, Perfect Condition, Please allow 4-14 business days for delivery. 100% Money Back Guarantee, Over 1,000,000 customers served.
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Product Description
Discover the secrets of world-class leadership! When it comes to refined service and exquisite hospitality, one name stands high above the rest: The Ritz-Carlton Hotel Company. With ceaseless attention to every luxurious detail, the company has set the bar for creating memorable customer experiences in world-class settings. Now, for the first time, the leadership secrets behind the company's extraordinary success are revealed. The New Gold Standard takes you on an exclusive tour behind the scenes of The Ritz-Carlton Hotel Company. Granted unprecedented access to the company's executives, staff, and its award-winning Leadership Center training facilities, bestselling author Joseph Michelli explored every level of leadership within the organization. He emerged with the key principles leaders at any company can use to provide a customer experience unlike any other, such as: - Understanding the ever-evolving needs of customers
- Empowering employees by treating them with the utmost respect
- Anticipating customers' unexpressed needs and concerns
- Developing and conducting an unsurpassed training regimen
Sharing engaging stories from the company's employees--from the corporate office and hotels around the globe--Michelli describes the innovative methods the company uses to create peerless guest experiences and explains how it constantly hones and improves them. The New Gold Standard weaves practical how-to advice, proven leadership tools, and the wisdom of experts to help you create and embed superior customer-service principles, processes, and practices in your own organization.
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| Customer Reviews:
Must read for those in the Hotel Business! August 15, 2008
1 out of 1 found this review helpful
This is a fantastic book, something every Hotel Manager should read and keep in their personal library as well as motivate his/her team to do the same. It is a must read for those who are willing to provide high quality service on a consistent basis.
Michelli Establishes the Platinum Standard for Books on Branding July 27, 2008
2 out of 2 found this review helpful
Dr. Joseph A. Michelli has established the platinum standard for books on branding with his newest publication, The New Gold Standard. Michelli provides readers with an in-depth, experiential analysis of how employees bring to life the gold standards, credo, motto and values of The Ritz-Carlton Hotel Company brand. The book is filled with tons of WOW moments delivered by Ritz-Carlton employees, which result in exemplary service to their customers. As someone who works with organizations in the service industry, I found great value in understanding brand strategies developed by Ritz-Carlton, and realizing new ways to apply those to my work, and the work of my clients. As he has done with past books, including The Starbucks Experience, Michelli provides a broad range of readers with insights into the reasons why certain brands exceed customer expectations by engaging employees in the brand development process. The New Gold Standard is a must for anyone involved with the development of brands, which should be all of us!
A Customer Service "Must Read" - Excellent! July 15, 2008
2 out of 3 found this review helpful
As a business advisor and CEO coach to companies around the world, I read upwards of 120 books a year in order to find the very best ideas I can to help my clients succeed. I have several clients who are struggling to take the level of customer service their firms deliver to a much higher level -- so I sent every one of them a copy of this book! If you really want to understand what it takes to deliver consistently superior customer service "The New Gold Standard" is superb. When you combine it with Dr. Michelli's other fantastic book "The Starbuck's Experience" you have a solid platform to build on. Great ideas and tools, motivating stories and rigorous research - both of his books are at the very top of my list for customer service! I strongly recommend this book - you will not be dissappointed in any way. John Spence
How to establish and then sustain a culture of superior service July 15, 2008
6 out of 7 found this review helpful
As a frequent guest of Ritz-Carlton throughout much of my life, I can personally attest to the validity of its reputation for superior guest service in all respects. In fact, such service is consistently of such a high quality that guests take it for granted. Founder Cesar Ritz observed long ago that "people like to be served, but invisibly." I agree while presuming to suggest that the "Ritz-Carlton experience" becomes visible whenever I stay elsewhere.
What we have in this volume is a rigorous and comprehensive examination of The Ritz-Carlton Hotel Company that, to the best of my knowledge, has not previously been provided. Joseph Michelli seems to have had almost unlimited access to its senior corporate executives, hotel managers and staff members ("the heart of the house"), and of special interest to me, its Leadership Center headed by Diana Oreck, vice president of global learning. Michelli observes that "From my perspective, the Ritz-Carlton [customer] experience is reflected in leadership committed to unrelenting quality, respect for all of the company's staff encounters, and oddly enough, also a great spirit of candor." Individual initiative is not only encouraged but indeed expected at all levels and in all areas in fulfillment of The Motto, "Ladies and Gentlemen serving Ladies and Gentlemen."
As I read this book, I was reminded of what retired CEO Herb Kelleher says when anyone asks him to explain Southwest Airlines' competitive advantage: "The intangibles are far more important than the tangibles in the competitive world because, obviously, you can replicate the tangibles. You can get the same airplane. You can get the same ticket counters. You can get the same computers. But the hardest thing for a competitor to match is your culture and the spirit of your people and their focus on customer service because that isn't something you can do overnight and it isn't something you can do without a great deal of attention every day in a thousand different ways. That is why I say that our employees are our competitive protection." He could have just as easily been explaining Ritz-Carlton's advantage in another highly competitive industry in which others also have excellent locations, superb facilities, state-of-the-art technologies, haute cuisine, etc.
The framework of Michelli's narrative is based on Ritz-Carlton's five principles that any organization (regardless of its size or nature) can establish and then sustain, creating a "gold standard" of its own: define core values and refine by leveraging continuous improvement; empower people with authority as well as responsibility through trust in their ability and eagerness to live The Motto; "It's not about you" (i.e. focus on serving associates as well as guests); deliver WOW! (i.e. a "thrilling customer interaction," especially when problems develop unexpectedly, as they i vitably do); and "leave a lasting footprint," an enduring legacy of great service for generations to come. Michelli explains with meticulous care how any other organization can to create its own "gold standard." Consider this statement by Ed Staros, co-founder of the Ritz-Carlton Hotel Company:
"We have not created the ultimate experience. It's still out there. It's that magic carrot we keep trying to approach. If you can come to work every single day focusing on how much better you can be today than you were yesterday, you will draw nearer to that carrot. You might never touch it, but you'll get one step closer."
Throughout the Ritz-Carlton organization, top to bottom, perfect service is a never-ending journey of continuous improvement rather than an ultimate destination. Michelli inserts dozens of real-world incidents throughout his narrative that illustrate that this journey proceeds one guest at a time.
For example, because members of the Ritz-Carlton staff are fully empowered, the Ladies and Gentlemen in Dearborn learned that a 13-year old champion figure skater, Natalie Salazar, had been diagnosed with osteosarcoma and her chemotherapy treatments proved unsuccessful. She was told by her doctors that she was going to die. Her biggest regret was that she would never be able to go to her high school prom. Technically, she was not a guest. However, according Laura Guitierrez, area director human resources, here's what happened. "We hosted Natalie's Prom in our ballroom, and it was attended by 18 classmates and 7 of her championship ice skating team members. Our audiovisual technician was the disc jockey, our IT technician was the photographer, our banquet director provided security, and everyone pitched in to make this an extras special event." Prince Charming guided her down the red carpet to her favorite song, "Sweet Escapes," and the room was fully decorated with photos of Natalie and her classmates from kindergarten to eighth grade. She danced every dance and ate her favorite foods. She died on September 20, 2007. The seamstress at Ritz-Carlton who made her prom dress also made the dress in which she was buried later. Michelli suggests that "While many other companies support members of their community, the Ritz-Carlton culture of service routinely delivers caring such as that provided to Natalie's family." And this is but one of several dozen real-world situations that Michelli cites, not an isolated incident or rare example.
Fortunately, thanks to Joseph Michelli's exceptionally informative as well as eloquent book, other organizations can now learn about the unique culture of The Ritz-Carlton Hotel Company and then apply (with appropriate modification) the core principles that continue to serve as that culture's foundation. And thanks to the Leadership Center, their leaders can gain a broader and deeper understanding of how service excellence and the quality of their own commitment to it can achieve a substantial ROI, not only in terms of dollars but also in terms of the lives that are enriched within their own organization as well as the lives of those whom they are privileged to serve.
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