Leaders can speed up product development by putting their foot on three “pedals”… resources, communication and accountability. And teams also have three pedals to push: market knowledge for NPD accuracy, risk management, and communication. ... Read More

Learn these six ways to avoid the Commodity Death Spiral that short-term-thinking business leaders fall into: 1) Take ownership of your future. 2) Measure your progress. 3) Change your time horizon. 4) Work on high-impact products. 5) Get out more. 6) Directly engage your customers. ... Read More

When you consider B2B vs B2C, which market profession has greater advantages? Business schools offer more B2C courses, consumer research tools abound, and sophisticated marketers at B2C companies like Apple and P&G are held in high esteem. B2B marketers are often engineers or sales reps that were tapped on the shoulder and told to “do ... Read More

When it comes to B2B customer insight, a face-to-face customer interview offers significant advantages. Some think they’ll learn all they need to know from their sales force… but there’s a big difference between customer-reactive meetings and market-proactive interviews. ... Read More

While VOC is extremely important, the most overlooked practice in B2B product development today is competitive benchmarking. This should be done in the front-end of innovation using 4 steps: 1) Identify outcomes to benchmark, 2) Identify customers’ alternatives, 3) Identify test methods, and 4) Identify benchmark levels (how good is good enough?) ... Read More

What’s the definition of “ideation?” The meaning of “ideation?” As Voltaire reminded us, “If you want to converse with me, define your terms.” So, what is “ideation”? Ideation Definition According to Merriam-Webster, it’s “the act of forming or entertaining ideas.” However, as a definition within the larger new product development process, that’s not overly helpful.  ... Read More

For over 30 years, companies have used the Vitality Index. But this metric has shortcomings addressed by two new metrics from The AIM Institute: 1) The Growth Driver Index (GDI) measures how you are building your growth capabilities. 2) The Commercial Confidence Index (CCI) assesses your commercial risk on new product development. ... Read More