Awkward Reality #49

It is unreasonable to expect sales calls to drive your innovation efforts.

49 Sales Visit

Your sales force should play a key role in innovation-focused interviews. But not by themselves. Unaccompanied sales reps seldom attract all the right customer contacts, and they’re not rewarded for the long time horizons required. Besides, market-facing innovation requires central coordination, since a single sales territory won’t contain all the needed prospects.

More in article, Why Your Sales Force Can’t Hear the Customer’s Voice (Originally published in B2B Organic Growth Newsletter).

Awkward Reality #48

Awkward Reality #47

The higher your “insight level,” the greater your customer engagement will be.

47 Engaged Customer

Research shows customer engagement is critical to successful innovation. This engagement increases as you move through six “insight levels”: 1) Deciding what customers want in your conference rooms, 2) polling your sales force, 3) conducting customer surveys, 4) qualitative VOC, 5) quantitative VOC, and 6) B2B-optimized VOC. Where are you?

More in article, Boosting Innovation…In One Easy Lesson (Originally published in B2B Organic Growth Newsletter).

Boosting B2B Innovation… In One Easy Lesson

B2B Innovation

You can triple profit growth by engaging customers in your innovation process. Do this by “moving up” in these 6 levels of customer engagement: 1) our conference rooms, 2) asking our experts, 3) customer survey, 4) qualitative VOC interviews, 5) quantitative VOC interviews, and 6) B2B-optimized VOC interviews. ... Read More

Awkward Reality #46

Most companies can double their R&D resources… for free.

46 Double Resources

Want to add employees who know your technologies and markets, can start work tomorrow, and cost nothing more? It’s easy: Just kill the dead-end projects that tie up half your resources. Free your people to work on projects your customers actually care about. It’s not hard to learn which projects to kill. In fact, strong project teams will halt weak projects on their own.

More in white paper, Catch the Innovation Wave (page 6).

Awkward Reality #45

One of the best compliments I ever heard given a business leader was, “He’s a builder.”

45 Builder

If you see a business that has steadily grown over the years in size, profitability and stature… whose products have surpassed competitors’… that grinds through the hard work of delivering real customer value… that brushes aside fads, downturns and criticisms… look for the builder. If this is you, we can show you some power-tools for your next project.

More in article, Are You a Builder or a Decorator?

Awkward Reality #44

Awkward Reality #43

Quickly identify any over-served markets. Then sprint in the opposite direction.

New Product Pricing - how will value be shared?

If all customer outcomes in a market are either unimportant or already satisfied, you’ll see low Market Satisfaction Gaps. This is an over-served market, and there’s only one thing that makes these customers happy: Dropping your price. Race to more attractive markets and hope your competitors waste resources here. Have you identified your over-served markets yet?

More in article, Customer Interviews—By the Numbers (Originally published in B2B Organic Growth Newsletter).