Consumer adoption of Bitcoin | A jobs-to-be-done analysis
Venture capitalist Marc Andreessen recently did one of his tweetstorms on the topic of Bitcoin, a technology he avidly supports. In 25 tweets, he talked about criticisms people have of Bitcoin. Including this one (#18) about “use cases”: 18/The third critique I call the “innocent” one — “Are there enough sufficiently compelling uses cases for Bitcoin […]
Radio Show Interview: Collaborative Innovation at Scale
The area of collaborative innovation is a natural extension of the social business movement. It’s the extension of social into purposeful collaboration, a term Alan Lepofsky uses to describe the evolution of the social business market. In the innovation-focused radio show, Women Who Innovate, host LeAnna Carey, innovation expert John Lewis and I talk about […]
Talk-n-Tweet | Collaborative Innovation at Scale
Previously, I’ve described Why Crowdsourcing Works. Crowdsourcing is a case where you get many people who don’t one another collaborating toward a defined outcome.To reiterate the principle points about the value of crowdsourcing: Diverse inputs drive superior solutions Cognitive diversity requires spanning gaps in social networks Simple enough, yet actually a rich field for work and […]
Consultant-Led Innovation
Finally, remember Innovation won’t come from plans or people outside your company – it will be found in the people you already have inside who understand your company’s strengths and its vulnerabilities. Steve Blank, Esade Business School Commencement Speech I think Steve Blank – well-respected thinker on innovation and entrepreneurship – has hit a key point […]
Gmail offers surprising innovation lessons for the Fortune 500
If you’re familiar with the story of Gmail, you know – for a fact – that it was a 20% time employee project by Paul Buchheit. A little bottom-up experimentation that grew into something big. Surprise! That story is wrong. It was a desire by Google, the company, to offer its own email. From Harry McCracken’s great piece How […]
Is it innovation or just an improvement? Does it matter?
On the LinkedIn Front End of Innovation group, I saw this post: Interesting (and heated) discussions @ Unleashing Innovation Summit in Amsterdam earlier in the month: Incremental innovation is NOT innovation – it’s just marketing. REAL innovation is breakthrough/transformational… Agree or not? I’ve seen this debate before. Attempts to finally, once-and-for-all establish just where improvement […]
How deep does crowdsourced problem-solving go?
On the recent post, Why crowdsourcing works, Michael Fruhling of BFS Innovations asked: A couple of related questions: for most current crowd sourced problem solving endeavors, how “deep” does the problem solving routinely go? And do the results meaningfully change if incentives are introduced? It was a good, thoughtful question. I answered it in the […]
Will customers adopt your innovation? Hope, fear and jobs-to-be-done
When will a customer decide your innovative product or service is worth adopting? It’s a question that marketers, strategists and others spend plenty of time thinking about. The factors are myriad and diverse. In this post, let’s examine two primary elements that influence both if an innovation will be adopted, and when it would happen: Decision weights assigned […]
When customers want a product roadmap, do this instead
Product roadmaps suck. There, I said it. <exhales> OK, let’s explain that. Roadmaps that are real, living documents representing what you will deliver…are awesome. But that may not be the case for you; it wasn’t for me. Instead, a product roadmap was at its core a sales document for a prospect call. A lot of effort, with […]
Decision flow for customer feature requests
If you manage a product or service in the business-to-business (B2B) market, customer requests for features will be a regular part of your work. Requests come in through the sales team, service reps, and senior management, as well as directly from customers themselves. It’s a disruptive insertion of new items for your agenda. That disruption […]
Collecting and analyzing jobs-to-be-done
via the Daily Mail I’ve previously written about collecting jobs-to-be-done from customers. Because I was analyzing a broad topic across the entire innovation lifecycle, it was a good way to get a breadth of insight. However, it doesn’t work as well in the more common situation for product managers and innovators: analyzing a specific flow. […]
The Folly of Inside-Out Product Thinking
Inside out just doesn’t fit right Ever run into this deductive reasoning? Customers like our existing products and our company We are building a new product that reflects the priorities of a company executive Therefore, customers will like our new product It’s a clear violation of the First Law of Product: Customers decide what products they […]
The Product Manager is the Chief Customer Development Officer
If pressed, what would you say is the secret to product success? Certainly there are a number of things that go into making and selling products. Prioritization, design, manufacturing frameworks, marketing, service, cost of production, etc. Each of these elements needs to be optimized, and there are people, practices and tools that do just that. […]
10 examples of fabulously flawed product-first thinking
In talking about jobs-to-be-done here, I sometimes think that all I’m doing is stating the obvious. I mean, isn’t it obvious that you’d create something that helped fulfill a need or desire? What else would you do? But I’ve seen in my own work experience, and across a multitude of initiatives in other industries, cases […]
Uncover latent needs with a simple question
After publishing Latent needs are overplayed as an innovation dynamic, I got a lot of feedback. Plenty of agreement, but also some good counterpoints. And in reading through some of them, I realized that there is something to this. A lot of people are convinced that whole markets are waiting to be built based on people […]
