SUBSCRIBE

It’s Time for New Innovation Metrics

Why-you-need-new-innovation-metrics

You’ve heard, “measure twice, cut once,” right? When it comes to market-facing innovation, most companies only measure after they’ve cut. They use the vitality index—a fine innovation metric developed by 3M in 1988 that’s simple to understand: percentage of gross revenue generated from products launched in the past three (or five) years. But if this ... Read More

6 Maturity Levels for B2B Market-Facing Innovation

6 Maturity levels for B2B market-facing innovation

What’s the key to accelerating your B2B business’s organic growth? The research is clear: Superior customer insight drives stronger new product value propositions… which in turn boosts organic growth. Now you can use this new Innovation Maturity Level chart to assess your current level… and plan your ascent all the way to Level 6. The ... Read More

Your Surest Path to B2B Competitive Advantage

B2B Competitive Advantage

Consider this logic chain for growth: A) Your only path to profitable, sustainable growth in in creating customer value. B) The only way to create customer value is by improving important, unmet customer outcomes. C) Most companies do a poor job today of identifying which customer outcomes to improve. D) Proven methods are now available to confidently target a market’s important, unmet outcomes. ... Read More

The Voice of the Customer: A Primer for Everyone

Child walking to school - Primer for the voice of the customer

“The Voice of the Customer”, an article by Abbie Griffin and John Hauser from 1993, joined the parallel worlds of academic market research with the practical discipline of new product development. As such, “The Voice of the Customer” built upon the leading framework at the time for building new products, QFD. (“QFD”, or “Quality Function ... Read More