Even if your Stage-Gate® reviews are highly evolved, I’ll bet they’re missing a critical element: I doubt they separate your projects’ Execution Quality and Opportunity Quality. In this issue, we’ll see why this is holding you back. We’ll also look at a brand-new release of Blueprinter® software that remedies this. Imagine you’ve got two project ... Read More
The “old way” of interviewing was to “validate” your idea with customers… but this leads to confirmation bias. With the “new way,” you focus on their needs and gain 5 benefits… 1) add new outcomes to your design, 2) eliminate costs for unimportant outcomes, 3) learn why they want outcomes (for better pricing), 4) engage them more, and 5) move faster. ... Read More
Quality guru Edwards Deming taught us that “94% of problems in business are systems driven and only 6% are people driven.” With the right systems, a company will grow and thrive. And few are more important than the “feedback loop.” Unfortunately, this term has been used so broadly that the original and powerful meaning has ... Read More
A market segment is a “cluster of customers with similar needs.” You should focus your innovation on individual market segments for optimal effectiveness and efficiency. Follow these four market segmentation “rules” for success. ... Read More
What is idea generation? Idea generation is the process of generating and selecting ideas to solve discrete problems. However, within the context of new product development, the goal of idea generation is to solve customer problems. After all, every new product begins as an idea. Therefore, if there’s an innovation job that we’d better do ... Read More
Lean Startup is a powerful methodology, but B2B suppliers need to make some adjustments to avoid serious pitfalls. Instead of using a Build-Measure-Learn cycle, B2B producers should use a Learn-Build-Measure-Learn cycle. In other words, they should begin with B2B-optimized customer interviews. ... Read More
If you develop new products, the design thinking process can help. All the more so if you’re a B2B innovator: You can upgrade the most important parts of design-thinking in ways consumer goods developers can only wish for. Here’s what you must do differently for B2B-optimized design thinking. Imagine a chemical engineering student taking an ... Read More