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Benchmarking Analysis Strategy Template

Leapfrogging

Benchmarking is widely used across industries, from manufacturing and finance to healthcare and technology. Identify Benchmarking Comparisons Once objectives are set, determine who or what to benchmark against. Customer Feedback Survey responses and reviews to understand how customers perceive competitors.

Analysis 130
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TRANSCEND: Book Nerdection Review

Faisal Hoque

Reviewed by Georgia Colgrave Nerdection Rating: Nerdection Must Read Reading this book is like opening a can of worms. After reading Transcend , I find myself with a new appreciation for aspects of technology, healthcare, and education things that AI has permeated, and I have been taking for granted. Original Review @ Book Nerdection.

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How Does Technology Influence Innovation?

IdeaScale

In a recent round of research, I was reviewing adoption rates for new technologies. It reminded me of the staggering comparison: “It took about 75 years for the telephone to connect to 50 million people. So what emerging capabilities in the technology industry are influencing innovation in other sectors?

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Competitive Analysis Framework Strategy Template

Leapfrogging

A well-executed Competitive Analysis goes beyond simply monitoring competitors; it involves deep research, data-driven comparisons, and actionable insights that empower companies to maintain a competitive edge. For example, a fitness tech startup might analyze subscription pricing models across competitors to refine its pricing structure.

Analysis 130
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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. Fast followers also need to be able to move at speed, get market feedback and iterate quickly.

Strategy 270
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Building an Agile & Innovative Organization

Idea to Value

There are great many companies and leaders that obsess about their market share, competitors, or technological prowess. If your technology doesn’t create value for customers, they won’t buy it. Need a contract reviewed by your legal team? Customer obsession. If you don’t have customers, your market share is zero.

Agile 316
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What Apple Can Learn From Tires

Matthew May

I’m not sure why so many companies delight in listing the technical specs of their products, as if they relate to anything remotely useful to human beings trying to make a decision in the real world. I have absolutely no base of comparison, nothing to relate the numbers to. Take, for example, Apple.