The ability to successfully lead a team or an organization is heavily dependent on efficient and effective decision-making. In start-ups and smaller teams this success is often vested in a single individual. In larger and more complex organizations decision-making is often cascaded across multiple teams and individuals. When there is a single decision-maker, success is […]
Delivering Innovation: Assessing Your Organization’s Capability
The ability for a business to sustain itself depends on the organization’s capability to continually deliver value to existing and new customers. The value proposition for a business depends on the type of business and how it serves its customers. A distribution business differentiates itself in ways other than a product-based business would. Regardless, an […]
Why Your Voice of the Customer Project Hasn’t Yielded Accurate Results
Most technology entrepreneurs believe that their innovation has utility, is superior to competition and creates great value for potential customers. After all, they came up with the idea, likely toiled for years developing the concept and possibly even left lucrative corporate careers behind in order to productize (and hopefully monetize) their grand innovation. “Discovery is […]
Delivering Value & New Products: Where to Start?
Developing and delivering new products should be an easy task. Design and rapid prototyping tools allow us to quickly model and test new designs, and more information than ever is available on consumer trends and buying habits. Despite having all of this technology and information available to us, the literature shows that some 40 percent of new […]
Discovering Value: Why Most Managers Fear and Leaders Embrace Risk
It seems there are innumerable ways individuals and organizations attempt to foster innovation and entrepreneurship. At a macro level, government seeks to create jobs. Academic efforts target the recruitment and retention of top students, offer talented faculty an opportunity to pursue efforts outside traditional education or research efforts, or pursue creative alternate funding mechanisms for […]