Remove Exercises Remove Marketing Remove Product Development Remove Underperforming Technical Team
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Elevate Your Strategy: Leading Executive Team Offsites for Business Success

Leapfrogging

Setting the Stage for Success In the ever-evolving business landscape, executive team offsites have become a cornerstone for strategic planning and decision-making. By stepping away from the daily operations, you and your leadership team can focus on long-term goals, team building, and innovative thinking.

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Six factors that lead to greater innovation success

Jeffrey Phillips

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.

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Innovation is too easy

Jeffrey Phillips

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. There is a sense of understanding market trends and competitive actions.

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Winning the explore:exploit game

Jeffrey Phillips

Product development cycle times are now longer than shelf lives. You simply cannot crank enough efficiency in the development, launch and marketing phases to win back enough revenue to account for a poorly constructed exploration phase. Instead you must shift people, resources and focus to the exploration phase.

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Innovate your processes before innovating your products

Jeffrey Phillips

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.

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Frequently Asked Questions about Design Thinking

InnovationTraining.org

How can design thinking help with product development? This helps to ensure that the team is working on solving the right problem. Prototype: In this step, the team creates a rough model of the solution to test and evaluate. What is the difference between design thinking and agile methodologies?

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Start With Mindset

Leanstack

By now, “almost everybody building products” has at least heard the term and has been exposed to the big ideas. Yet, when we look around we don’t find the corresponding adoption across teams. often part of a mandated checklist imposed upon teams. Adopting a fundamentally new product development process is no different.