AIM Archives - Tag: what problems

Today’s innovation metrics suffer from Why, When, and What problems.

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1. The “Why” problem: Today’s most popular metric, the Vitality Index (% of sales from new products) doesn’t tell you why your % is going up or down. 2. The “When” problem: The lag time in your feedback loop is too long: Changes you make in the front-end-of-innovation will take years to generate significant revenue. 3. The “What” problem: The Vitality index focuses on your results. You need metrics that focus on your capabilities. Only by building these can you have confidence that you’ll improve your innovation results.

More in article, 3 Problems with Innovation Metrics

In B2B customer interviews, silence really is golden.

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In the best B2B interviews, you ask “What other problems do you see?” or “What would your ideal world look like?” The customer leads the interview—not you—because you never know what they’ll say next. But allow some silence: Don’t fill the void by saying, “for example, would it help if…?” Your patience may be rewarded with a customer need you would never have heard otherwise… one that could lead you to develop a blockbuster product. Silence—and the thinking it allows—can indeed be golden.

More in article, Discovery Interview Blunders that Frustrate Your Customers.