These 5 practices help you succeed in the first step of Blueprinting… selecting a target market and project scope: 1) Define the boundaries. 2) Seek diversity. 3) Schedule enough time. 4) Sync with your strategic plan. 5) Get key stakeholders on board. ... Read More

Many companies struggle trying to enter new markets or introduce new technology. You can apply a new “de-risking” methodology to identify those "landmines” that could blow up your project. This approach not only gives teams a detailed roadmap to follow… it allows them to clearly communicate risk to management. ... Read More

If you are using older voice-of-customer methods (e.g. DFSS or QFD), you’re sub-optimizing. For B2B your methods must achieve 3 goals: 1) collaborate deeply, 2) pre-sell your innovation, and 3) maximize “value capture.” Four B2B approaches are explored here. ... Read More

If we bring a prototype to a customer, this is “concept testing.” Something different from voice of the customer research.  But when definitions are not understood, these become conflated and we fool ourselves into believing that we’re more customer-centric than we really are. This confusion results from how innovation and new product processes have evolved. ... Read More

Product managers are critical along the journey to become customer-centric. To that end, few investments are more important than product manager training. Before diving too deep into the product manager training strategy, let’s discuss this title, “product manager.” Since titles don’t always mean the same thing from company to company, let’s be precise in our ... Read More

These 5 points will convince you that "maximizing shareholder value" is the wrong goal for your company: 1) The underlying logic is failed. 2) Results don’t support this approach. 3) A good result can be a bad goal. 4) Employees need a higher calling. 5) A better goal is “understand and meet customer needs.” ... Read More

If you want a blockbuster new product, you need to meet all 6—not just 4 or 5—of these conditions: 1) A need exists. 2) The need is uncovered. 3) A solution is developed. 4) The solution is delivered. 5) Value is captured (via pricing). 6) Value is protected (via patents or trade secret). ... Read More