Business and Tech

SEPTEMBER 19, 2022

Years ago, companies didn’t do much about their customers, until they figured out it was cheaper to keep a customer than it was to find a new one, which drew them toward customer loyalty. Why is it crucial for companies to offer a broad range of benefits, and how can they ensure employees utilize them?

Tools 130

Tools Underperforming Technical Team Software Developers Software Development 130

Jeffrey Phillips

FEBRUARY 20, 2018

It could be too early or too late in the market window, or it could simply have the wrong pricing or distribution. A new product may lack key features or components, or like some successful products take years to build an audience. I'm actually more interested in the 90+% of ideas that never make it to product development.

Underperforming Technical Team 113

Underperforming Technical Team Technical Review Innovation Product Development 113

Destination Innovation

AUGUST 23, 2015

Nine out of ten companies believe that they are too slow to market with new products. In the consumer goods category around 80% of new products fail. These are some of the reasons why senior corporate executives are increasingly turning to separate innovation labs to spearhead their new product development.

Company 100

Company Underperforming Technical Team Innovation Report 100

Leapfrogging

FEBRUARY 28, 2024

With AI’s predictive analytics, machine learning algorithms, and natural language processing, leaders and innovators are unlocking new potentials in understanding user needs and market trends. At the core of design thinking lies a commitment to putting users’ experiences and feedback at the forefront of product and service design.

Artificial Inteligence 113

Artificial Inteligence Design Thinking Design Analysis 113

Idea to Value

MARCH 25, 2019

The word ‘corporate innovation’ is becoming an increasingly popular buzzword, but for the most forward-thinking companies, it represents the future of the business and a significant spend on research and development. This will allow the corporate to more rapidly apply the benefits of the collaboration and develop the business.

Change 180

Change Underperforming Technical Team Technical Review Innovation 180

Jeffrey Phillips

MARCH 10, 2021

What we've been told to do is to build a product or service based on our capabilities and convince people that they need it. Well, when it was difficult to compare products and services, and when people had less information, it was easier to market a product that didn't fit, or only partially fit, a consumer need.

Underperforming Technical Team 167

Underperforming Technical Team Innovation Marketing Meeting 167

Jeffrey Phillips

DECEMBER 1, 2015

Corporations assign teams without skills or experience, rapidly conduct "brainstorming" exercises based primarily on current opinion or past experience and move as quickly as possible to present a small handful of ideas to a wary executive team. This crowds the product development process and eliminates room for new concepts to enter.

Underperforming Technical Team 100

Underperforming Technical Team Product Development Innovation Exercises 100

hackerearth

MARCH 5, 2018

The increasing competition for customers, market share, and talent in almost every industry demands an innovative approach to business. The most common aspect of some of the innovative companies is that they are also high-performing organizations. In innovative companies, innovation is not sporadic. Here’s what they are: 1.

Company 77

Company LEAN Underperforming Technical Team Innovation 77

Jeffrey Phillips

MAY 26, 2015

We teach trend spotting and scenario planning to our customers to help them understand the importance of recognizing emerging needs and emerging segments, because the great ideas they generate won't become products or services very quickly. And then I ask them to tell me their firm's average product development process timeframe.

Underperforming Technical Team 100

Underperforming Technical Team Product Development Development Team Review Innovation 100

Daniel Burrus

FEBRUARY 9, 2023

Tune into the Pain of the Person You’re Talking To Forget about yourself and how excited you are about this great new idea or concept you want the company to implement. Or maybe sales are down or they just lost the head of marketing to a competitor. Where is the industry, company, economy, etc. Here’s how you do that.

Underperforming Technical Team 81

Underperforming Technical Team Trends How To Examples 81

Taivara

AUGUST 29, 2018

Building an Innovative Company Culture. Executives love talking about “disruption” nowadays, but very few companies can achieve truly disruptive results. The reason: before you can disrupt an industry, you need to disrupt your own company culture first. Taivara Blog Post by Michael Shuchter. Contact Us.

Culture 44

Culture Company Underperforming Technical Team Disruption 44

Idea to Value

SEPTEMBER 23, 2016

The total weightings of the various indexes which then result in a net rank for each country compared to each other country, allowing the GII team to say which country achieves the overall highest Innovation Efficiency Ratio ranking (it’s Switzerland). Market Sophistication. Institutions. Human Capital and Research.

Underperforming Technical Team 100

Underperforming Technical Team Data Report Innovation 100

Innovation in Practice

MAY 23, 2016

For most companies, the top marketer, usually called the chief marketing officer, is part of the senior leadership team and sits on the executive committee or management board. In other words, marketing has a “seat at the table.”. Eventually, the manufacturing team will step in and take over forecasting.

Underperforming Technical Team 49

Underperforming Technical Team Marketing Leadership Groups 49

Huub Rutten

MARCH 9, 2021

Business people: I mean the Sales teams and their leaders. Christine is the VP Commercials in a large country of a global consumer goods company. She has been in the business since about 20 years and knows her market, her retailers, very well. It takes years to recover from a bad launch in my business. I ask “Why is that?”

Innovation Management 52

Innovation Management Management Underperforming Technical Team Innovation 52

Huub Rutten

MARCH 9, 2021

Business people: I mean the Sales teams and their leaders. Christine is the VP Commercials in a large country of a global consumer goods company. She has been in the business since about 20 years and knows her market, her retailers, very well. It takes years to recover from a bad launch in my business. I ask “Why is that?”

Innovation Management 52

Innovation Management Management Underperforming Technical Team Innovation 52

Huub Rutten

MARCH 9, 2021

Business people: I mean the Sales teams and their leaders. Christine is the VP Commercials in a large country of a global consumer goods company. She has been in the business since about 20 years and knows her market, her retailers, very well. It takes years to recover from a bad launch in my business. I ask “Why is that?”

Innovation Management 52

Innovation Management Management Underperforming Technical Team Innovation 52

Adam Hartung

MARCH 30, 2016

It is not shy about seeking action at the Board level to change the direction of a company – by changing the CEO, seeking downsizings and reogranizations, changing dividend policy, seeking share buybacks, recommending asset sales, or changing other resource allocations. This made Icahn billions, but ended up killing the company.

Underperforming Technical Team 36

Underperforming Technical Team Change Leadership Policies 36

Mike Shipulski

AUGUST 3, 2016

For established companies, when times are good, it’s not the right time to try something new – the resources are there but the motivation is not; and when times are tough it’s also the wrong time to try something new – the motivation is there but the breathing room is not. But this is not a binary world. Some work, some don’t.

Company 40

Company Underperforming Technical Team Resources Competition 40

Board of Innovation

JUNE 6, 2022

In this post, we’ll highlight some of the key moments in the rapidly evolving consumer journey, and what we see as the key questions and implications for the role and development of consumer products with packaging. Discovery is now mostly digital, so packaging should be developed digital-first as well.

Underperforming Technical Team 52

Underperforming Technical Team Video Design System 52

Tullio Siragusa

AUGUST 22, 2022

I think we can all agree that user adoption is the primary objective for all products. User adoption is not something that evolves at a particular point of a product development life cycle. Instead, user adoption requires proper planning and implementation strategy when the product is just an idea. What Is User Adoption?

Design Thinking 62

Design Thinking Design Underperforming Technical Team Idea Generation 62

IdeaSpies

JULY 21, 2019

Take Bell Labs, for example, an industrial research and development (R&D) company, now owned by Nokia but originally founded by Alexander Graham Bell in the late-1800s. In some cases, the TTO might ‘spin-out’ the technology into its own company. In some cases, the TTO might ‘spin-out’ the technology into its own company.

Underperforming Technical Team 57

Underperforming Technical Team Technical Review Policies Collaboration 57

Betterific

AUGUST 2, 2016

Welcome to the second part of our new “Brainstorming with…” series, where we interview two sets of people – the innovation challenge winners and the product developers and innovation experts that sponsor the challenges. And most importantly I’ve learned about the end-to-end cycle of product development.

Brainstorming 60

Brainstorming Underperforming Technical Team Product Development Tips 60

The Inovo Group

NOVEMBER 30, 2020

It is what will drive an enterprise’s creative engine that is the source of long-term, future growth Most of today’s large corporate enterprises treat strategy, R&D, and innovation as separate and distinct functions – worthy of specialized teams, segmented funding, reporting structures and operational charters. This is starting to change.

System 52

System Strategy Strategy Underperforming Technical Team 52

Moves the Needle

OCTOBER 4, 2018

Download this case study to save for your records or to show to your leadership team here: Download Case Study. But, without having regular customer empathy , companies miss out on collecting valuable insights from the people they are aiming to serve. Certified internal coaches are now mentoring other teams.

Groups 45

Groups Case Study Underperforming Technical Team LEAN 45

Moves the Needle

JUNE 3, 2016

*This post originally appeared on Mind the Product. The average lifespan of an S&P 500 company has decreased from 67 years (1950’s) to about 15 years (today). The market is changing faster than ever, and an organization’s ability to move at the speed of the Internet is the only chance at surviving and thriving.

Underperforming Technical Team 83

Underperforming Technical Team Innovation Disruption Marketing 83

Innovation Excellence

MAY 4, 2020

Would that be so bad? Whatever your company size, if you are not fast enough, someone else will beat you. The most successful and innovative companies did not even exist ten years ago, and they are redefining the global competitive landscape (note #3). Create cross functional, autonomous teams, with end to end responsibility.

Underperforming Technical Team 52

Underperforming Technical Team Technical Review Agile Groups 52

Innovation 360 Group

JUNE 9, 2020

We can embrace this opportunity by combining 21 st tools with industry expertise to deliver products and services that exceed our customers’ expectations. “Companies that master the delicate balance between cutting costs to survive today and investing to grow tomorrow do well after a <downturn>” HBR 2010.

Industry 40

Industry Radical Innovation Underperforming Technical Team Technical Review 40

Leapfrogging

MARCH 15, 2024

Here’s why adaptation is crucial: Sustained Relevance: Staying in tune with market changes ensures that your business remains relevant to your customers’ evolving needs. Competitive Advantage: By embracing innovation, you can differentiate your business from competitors and potentially capture a larger market share.

Disruption 100

Disruption Strategy Strategy Underperforming Technical Team 100

Moves the Needle

JUNE 3, 2016

*This post originally appeared on Mind the Product. The average lifespan of an S&P 500 company has decreased from 67 years (1950’s) to about 15 years (today). The market is changing faster than ever, and an organization’s ability to move at the speed of the Internet is the only chance at surviving and thriving.

Underperforming Technical Team 72

Underperforming Technical Team Innovation Culture Disruption 72

Adam Hartung

DECEMBER 13, 2015

duPont as a gunpowder manufacturer for the revolutionary war, the company has long been one of America’s leading business institutions. And it is too bad the leadership wasn’t in place to save it. From dynamic roots, the company had become quite stodgy and unexciting. Founded by e.i. Sounds so good on paper.

Leadership 36

Leadership Underperforming Technical Team Competition Product Development 36

Idea to Value

JULY 21, 2017

Every company says that innovation is important, and that they value the ideas of their people. In fact, creativity is becoming a core skill which companies know they need in the future. In fact, according to some estimates by Doblin , 96% of all new innovations which established companies attempt fail to make a return on investment.

Company 248

Company Underperforming Technical Team Brainstorming Design Thinking 248

Leapfrogging

MARCH 15, 2024

The integration of AI technologies has led to the emergence of new business models and has disrupted established market dynamics. This impact is evident across various facets of business, from operational efficiency and customer experience to product development and market analysis.

Strategy 100

Strategy Strategy Change Underperforming Technical Team 100

IdeaSpies

FEBRUARY 22, 2019

Between 1996-2001, Jim Collins’ team researched and wrote a bestselling book called Good to Great. They described 11 out of 1,435 companies that had shown the highest level of success over the decades. However, the majority of these great 20th century companies failed to sustain their level of greatness in the Open-Source era.

Software Review 57

Software Review Technical Review Underperforming Technical Team Innovation 57

IdeaSpies

FEBRUARY 21, 2019

Between 1996-2001, Jim Collins’ team researched and wrote a bestselling book called Good to Great. They described 11 out of 1,435 companies that had shown the highest level of success over the decades. However, the majority of these great 20th century companies failed to sustain their level of greatness in the Open-Source era.

Software Review 57

Software Review Technical Review Underperforming Technical Team Innovation 57

IdeaSpies

AUGUST 31, 2018

Between 1996-2001, Jim Collins’ team researched and wrote a bestselling book called Good to Great. They described 11 out of 1,435 companies that had shown the highest level of success over the decades. However, the majority of these great 20th century companies failed to sustain their level of greatness in the Open-Source era.

Software Review 57

Software Review Technical Review Underperforming Technical Team Leadership 57

Boxes and Arrows

JANUARY 7, 2013

The Marketing Stakeholder Interview. Note that it’s as important for in-house teams to ask most of these questions as it is for consultants; you may know one answer, but do you know this particular stakeholder’s answer? What’s your role with respect to this product? Many thanks to Ms. Understanding the Business.

Underperforming Technical Team 61

Underperforming Technical Team Software Review Technical Review Project 61

Boxes and Arrows

JANUARY 31, 2010

I built a team with a dedicated user researcher; information architect; interaction and visual designers and we even made a guerilla usability lab and had regular test sessions. As the Creative Director, I deferred authority to him to develop the product as he saw fit. This is an extreme example of where SCRUM went bad.

Agile 108

Agile Design Underperforming Technical Team Software 108