Skip qualitative divergent interviews and you’ll fail to uncover unexpected customer outcomes. You simply don’t know what you don’t know. Overlook quantitative, convergent interviews and you’ll fail to tightly focus R&D on those outcomes customers deem important and unsatisfied… the only ones worthy of a price premium.
More in white paper, Timing is Everything (page 8).
Technology development is science-facing and converts money into knowledge. Product development is market-facing and converts knowledge back into money. Both are critical, but don’t confuse them. And never do any product development until you have quantified, unbiased, unfiltered data on customer needs.
More in white paper, Timing is Everything (page 6).
When recruiting John Sculley from Pepsi, Steve Jobs asked, “Do you want to sell sugar water the rest of your life, or do you want to come with me and change the world?” Most employees paid no attention to your last quarter’s earnings-per-share. But they’ll tell their grandkids how their new product turned an industry upside-down.
More in article, Why Maximizing Shareholder Value is a Flawed Goal (Originally published in B2B Organic Growth).
CEO World publishes “Are You a Business Builder” by Dan Adams. In this article, Dan compares business builders to remodelers, decorators and realtors… and explains how you can become a builder. About CEO World: CEOWORLD magazine is the world’s leading business magazine written strictly for CEOs, CFOs, CIOs, senior management executives, business leaders, and high net ... Read More
In many areas of life, there’s the “old way” and the “new way.” Does your company still develop “hypotheses” internally, and then meet with customers to validate them? This can lead to confirmation bias for you and stifled yawns for your customers. In the “new way,” you start by uncovering customer needs, not by internally “ideating” your solutions.
More in article, Give your Hypothesis the “Silent Treatment” (Originally published in B2B Organic Growth newsletter).
Unless you deal with two growth problems, you'd better get used to mediocre organic growth: 1) You only “earned” a small part of your growth today; the rest is “inherited” and “market” growth. 2) If you and your competitors are all planning to growth faster than the market you serve, someone will be disappointed. ... Read More