B2B Organic Growth Series: Chapter #10

B2B Organic Growth Series: Chapter #9

B2B Organic Growth Series: Chapter #8

B2B Organic Growth Series: Chapter #7

B2B Organic Growth Series: Chapter #6

B2B Organic Growth Series: Chapter #5

B2B Organic Growth Series: Chapter #4

B2B Organic Growth Series: Chapter #3

Awkward Reality #331

How long have we failed to understand customer needs in new product innovation?

331-Uncover-customer-needs

The best research says we’ve struggled for about five decades now. In 1971, the leading cause of new-product failure was “inadequate market analysis” (45%, with the next cause at 29%). In 2019, the leading cause was “No market need” (42%, with the next cause at 29%). After five decades, maybe it’s time to get serious about understanding customer needs before developing new products? Not that we need to rush into this, of course.

More in article, Target Customer Needs and Win

Awkward Reality #330

Transformational R&D projects: 4 Steps the best teams do well.

330-4-Steps-for-transformation

You know you’ve got a top-notch team exploring that unfamiliar market or technology when you see them… 1) identify all project assumptions at the onset, 2) detect and defuse unforeseen “landmines” (project killers) as early as possible, 3) advance the project rapidly without detours and distractions (or kill the project swiftly), and 4) spend funds investigating and pursuing only that which truly matters. The methodology for doing this is described in the short video at www.deriskprojects.com.

More in article, How to de-risk projects and overcome management doubt