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Awkward Reality #526

Got a new product hypothesis? Give it the “silent treatment” during customer interviews.

526-Silent-Treatment

I love it when our clients have cool technology and clever ideas. But don’t mention these to customers during VOC interviews. From the customer’s perspective, the interview should look exactly the same whether or not you’ve got a great hypothesis. Give your hypothesis the silent treatment for now. Simply listen to the customer.

More in 2-minute growth video #21, Give your hypotheses the silent treatment

Awkward Reality #525

Strong innovation metrics should be insightful, predictive and actionable. Not missing.

525-Innovation-Metrics

Strong intermediate (vs. ultimate) innovation metrics share these qualities: 1. Insightful: They help firms understand relationships between cause and effect. 2. Predictive: They measure behavior that will foretell ultimate success. 3. Actionable: Their short “feedback loop” allows rapid adjustments to be made. Are you using such metrics?

More in white paper, New Innovation Metrics

Awkward Reality #524

The most overlooked innovation practice? Understanding customers’ alternatives.

524-Door-Options

Sure, the most important practice is understanding customer needs. But most overlooked? Few suppliers ask customers 1) for the most important, unsatisfied outcomes, 2) what test methods measure these outcomes, and 3) how satisfied customers are by various test results. Without these questions, you cannot properly assess competing alternatives.

More in growth video #36, Benchmark competing alternatives

Awkward Reality #523

Awkward Reality #522

Awkward Reality #521

Awkward Reality #520

B2B customers can tell you exactly what they want… but you must know how to ask.

520-Architect

Imagine you’re planning to build a new home: Your architect sees you for half an hour, spends the first 15 minutes talking about sports, and then shows you pictures of other houses he designed. Later, when the house fails to please you, he dismisses it saying, “Well that buyer just didn’t know what he wanted.” Ever treat customers this way?

More in white paper, Guessing at Customer Needs